FBS's CySEC-licensed EU entity (Tradestone Ltd) markets a low minimum deposit of about €10 for European clients, distinct from the $1 cent-account minimum FBS advertises through its non-EU offshore entities.
| Regulated entity | Tradestone Ltd |
|---|---|
| Regulation | CySEC No. 331/17 + FSA Seychelles-licensed (licence number unconfirmed) |
| Other Tier-1 regulators | None confirmed |
| Founded | 2009 |
| Headquarters | Not independently confirmed |
| Minimum deposit | €10 |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | MT4, MT5, Proprietary (FBS Trader) |
| Instruments | Forex, indices, commodities, stocks and crypto CFDs |
See FBS's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Non-EU/offshore FBS entities offer five tiers (Cent, Micro, Standard, Zero Spread, ECN), but the EU entity (Tradestone Ltd) reviewed here offers only Standard and Cent accounts (leverage capped at 1:30), plus "Pro Standard"/"Pro Cent" variants for professional clients (leverage up to 1:500). |
|---|---|
| Execution model | The ECN account routes to liquidity providers with commission charged; Standard/Cent and other accounts are STP with execution speed marketed around 0.3 seconds and no commission. |
| Withdrawals & deposits | Methods include bank card, bank wire, Neteller and Skrill (availability varies by region). No FBS-side withdrawal fee is stated, though banks or processors may charge their own. Processing: e-wallets near-instant (up to 30 minutes), cards around 3-4 business days, bank wire around 7-10 business days. Minimum withdrawal is reported as low as $1, though method-specific minimums vary ($1-10 for e-wallets, $10-30 for cards, $50-100 for wire). |
| Overnight financing (swap) | On Islamic/swap-free accounts, no swap applies on short holds, but FBS may charge a fixed fee (one point's value times the swap point size) for positions held more than 2 days, framed as an administrative charge rather than interest. The swap-calculation methodology for standard (non-Islamic) accounts wasn't found. |
| Currency conversion cost | Not found -- no specific fee or percentage was located for general currency conversion. |
| Inactivity fee | Confirmed to exist generically (charged after a long period without use), but the exact threshold and amount weren't confirmed from a primary source. |
| Customer service | 24/7 support via live chat and email. Trustpilot shows a high TrustScore around 4.3-4.5/5 from roughly 10,000 reviews, with mixed comments -- praise for fast deposits/withdrawals alongside complaints about account terminations. |
| Mobile experience | Google Play rating around 4.4/5 (90,000+ reviews, 10 million+ downloads); App Store around 4.9/5. Described as lightweight and beginner-friendly by independent reviewers. |
| Educational offering | "FBS Academy" offers structured courses, webinars and step-by-step lessons, plus a demo account with virtual funds and no expiry. Widely described by independent reviewers as strong for beginners. |
See how FBS's spread cost compares across every researched broker → · Forex broker fees explained
Is FBS regulated?
Yes -- CySEC No. 331/17 + FSA Seychelles-licensed (licence number unconfirmed). See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if FBS fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at FBS?
Our research confirms a minimum deposit of €10.
What trading platforms does FBS offer?
FBS offers MT4, MT5, Proprietary (FBS Trader).
What is FBS's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was FBS founded?
FBS was founded in 2009.
How is FBS's overall score calculated?
FBS currently scores 2.7/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
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