FBS Review 2026: Regulation, Complaints, and Withdrawal Risk Signals

Executive Summary (TL;DR): FBS is presented on WikiFX as a broker with regulation from the Australian Securities and Investments Commission and the Cyprus Securities and Exchange Commission, and its trading environment test is rated Good. However, the WikiFX Score is 1.67, and the source data reports 173 complaints received in the past three months. That combination means you should treat FBS as a high-caution Forex broker, especially before depositing meaningful funds.

In this FBS review, the concern is not whether the brand is visible or popular. It clearly has market reach, an A influence rank, and a high search count. The real question is whether the available WikiFX data gives you enough comfort to trust the broker with deposits, withdrawals, and trading execution. Before you find a broker and open an account, the low WikiFX Score of 1.67 deserves close attention.

Contents

01

Regulation and Safety

02

WikiFX Score and Risk Signals

03

Trading Conditions

04

Platform and Account Access

05

Trader Complaints and Exposure Cases

06

Deposits, Withdrawals, and Support

07

Final Verdict: Should I open an account?

Regulation and Safety

WikiFX lists FBS as established in 2017 and headquartered in Belize. The safety section says it is regulated by the Australian Securities and Investments Commission, or ASIC, under Intelligent Financial Markets Pty Ltd, license number 426359. It also lists regulation by the Cyprus Securities and Exchange Commission, or CySEC, under Tradestone Ltd, license number 331/17. Both entries are marked as regulated.

That is the stronger side of the profile. ASIC and CySEC are recognized regulators, and regulation can provide a framework for conduct, reporting, client handling, and dispute procedures. Still, the FBS regulation status is not the whole story. The same WikiFX page also records two regulator disclosures.

The Malaysian Securities Commission placed FBS-related websites and entities on its investor alert list for unauthorized capital market activities involving securities and derivatives. The Japan Financial Services Agency disclosure refers to FBS Markets Inc. as an unregistered financial instruments business operator soliciting over-the-counter derivatives transactions online. These are not minor marketing details; they are official warning-type records that a trader should read before assuming cross-border protection is straightforward.

WikiFX Score and Risk Signals

The WikiFX Score shown for FBS is 1.67. Treat that as a live data point rather than a permanent verdict, but it is still a very weak score at the time reflected in the source data.

There are mixed signals. The broker has an A influence rank and the trading environment rank is also A. WikiFX records 8,484 users participating in VPS-based trading environment testing, with the result rated A and described as Good. At the same time, the summary warns that WikiFX received 173 user complaints about FBS in the past three months.

For you, that means the risk profile is uneven. A broker can have good execution-test metrics and still generate serious concern if many clients report withdrawal blocks, unexplained balance deductions, or disputes over pricing.

Trading Conditions

FBS offers two account types in the available data: Standard and Ultra. Both list an entry condition of 50 units and maximum leverage of 1:30. The Standard account shows a main spread from 0.7, while the Ultra account shows a main spread from 0. The minimum cash figures are listed as 0.01 for Standard and 0.1 for Ultra. Hedging, scalping, and EA trading are allowed, while cryptocurrency trading is marked as not allowed.

For Forex trading costs, the trade environment section gives more context. Average cost is recorded as 3.69 for one instrument group and 20.5 for XAU, with a Cost Grade of AA. Swap Grade is also AA, although the description flags some swap metrics as poor and others as great. Slippage is graded B, with average slippage of 0.4 and maximum slippage of 29.0.

The leverage cap of 1:30 is relatively restrained compared with many offshore-style offers, but leverage still magnifies both profit and loss. The larger concern in the complaint record is not simply the listed spread; it is the number of users alleging slippage, stop-loss gaps, unusual candles, forced take-profit settings, or balance corrections.

Platform and Account Access

FBS uses proprietary software, MT4, and MT5. The software section says the review used MT5, describing it as highly customizable, multilingual, and equipped with clear fee reports and good search functions. Mobile access is supported through iOS and Android apps, but the source notes that Windows, MacOS, Web, and other app formats are not supported.

For account security, one detail stands out: the MT5 assessment says it lacks two-step login and biometric authentication for safer access. That does not prove a login problem exists, but it does mean you should be careful. Always confirm the official website and app source before entering any FBS login credentials, especially because regulator disclosures mention multiple FBS-related website names in unauthorized activity warnings.

Trader Complaints and Exposure Cases

The exposure cases are the heaviest risk signal in this review. They come from many regions and repeat several themes: delayed or rejected withdrawals, profit deductions, AML or KYC checks after profits, price-feed disputes, stop-loss slippage, and account restrictions.

A Kenya user said they deposited $700, made $2,500, and then saw $1,133.56 deducted through transactions they claimed were edited into the withdrawal history. The user said FBS described it as a fixed balance problem and alleged MT5 history changes.

A Philippines user reported being unable to withdraw money after depositing 3,000 pesos and $48. A Vietnam user complained that a crypto deposit led to AML restrictions, no withdrawal, added slippage after profits, and a claimed 10% bank deposit fee.

Several larger complaints involve profit removal or execution disputes. A Germany user alleged that EUR/USD pending orders were executed far away from the live market opening price, creating an almost $30,000 difference compared with other brokers. A Thailand case alleged that the broker set a take-profit level without consent, leading to a claimed $17,600 loss. A United Kingdom case in Turkish claimed $44,827 in profit was removed through a “Balance Fixed” operation.

There are also positive cases. A Malaysia user said deposits and withdrawals worked well, an Indonesia user described FBS as comfortable for daily trading, and a Nigeria user praised fast payout and acceptable spreads. These positive notes matter, but they do not erase the repeated complaint pattern.

Deposits, Withdrawals, and Support

The payment methods listed include bank channels, cards, Sticpay, Fasapay, OVO, DANA, QRIS options, and others. Customer service is available through phone, email, WhatsApp, Facebook, Instagram, and YouTube channels, with support across multiple languages and regions. The customer service note says users can receive most relevant answers, but waiting times may be long.

That matters because many complaints are not about market losses alone. They describe unresolved withdrawal requests, vague responses, repeated document requests, deposits rejected while funds were deducted, or accounts being disabled after profitable trading. If you test this broker, start small and verify that deposits, trading, and withdrawals all work before scaling up.

Final Verdict: Should I open an account?

FBS has recognizable regulation entries under ASIC and CySEC, mobile access, MT4/MT5 support, two account types, and a Good trading environment rating. But the low WikiFX Score of 1.67, two regulator disclosures, and the large volume of recent complaint cases make this a high-caution broker profile.

If you still consider opening an account, do not rely only on brand visibility or advertised trading conditions. Check the exact legal entity serving your region, test withdrawals early, keep records of every transaction and support conversation, and avoid depositing funds you cannot afford to have delayed or disputed.

Status changes daily. Before depositing, check the WikiFX App for the latest real-time certificate.