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Is FBS Safe? Honest Review 2026

Comprehensive safety analysis of FBS covering regulation, fund security, and trader protection in 2026.

David Okonjo

Written by

David Okonjo

Lisa Martinez

Fact Checked by

Lisa Martinez

Last reviewed:
•
By:David Okonjo
•
Fact-checked by:Lisa Martinez

FBS Safety & Legitimacy Analysis

FBS is a multi-regulated forex broker founded in 2009. It holds 2 Tier-1 licenses from ASIC (Australia) and CySEC (Cyprus), plus IFSC (Belize). With 27+ million clients, this analysis examines whether FBS is safe — with an important caveat about choosing the right entity.

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Is FBS a safe broker?

Yes, FBS is safe when you use the CySEC or ASIC regulated entity. They hold ASIC (426359) and CySEC (331/17) licenses. Avoid the offshore IFSC entity if possible.

Quick Picks

#1Best Overall
FBS

FBS

4.8
Open AccountRead Review

Safety Score

Fund security measures.

BrokerAction
FBSHigh - TrustedOpen Account

Detailed Broker Analysis

FBS logo
FBS
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Recommended
Multi-regulated global broker.
4.2/5App Score

FBS is a legitimate broker — always sign up under the CySEC or ASIC entity for best protection.

Pros

  • Huge leverage options
  • Cent accounts for beginners ($1 deposit)
  • Global presence
  • Extremely fast withdrawals

Cons

  • High spreads on lower tier accounts
  • Withdrawal fees on some methods
Forex spread classCompetitive
Minimum deposit$5
Inactivity fee$0
Currency pairs40+
Deposit methodsCard, Bank, Skrill, Neteller, Local
Withdrawal fee$0
Visit Broker Read review

Frequently Asked Questions

Yes, FBS is safe when you use the CySEC or ASIC regulated entity. They hold ASIC (426359) and CySEC (331/17) licenses. Avoid the offshore IFSC entity if possible.
Yes, FBS holds 3 licenses: ASIC (426359), CySEC (331/17), and IFSC Belize (60/230/TS/19).
Under CySEC, FBS provides €20,000 ICF protection and segregated client funds. The IFSC entity offers weaker protections.
No. FBS has maintained a clean regulatory record since 2009 and serves 27+ million clients.
Yes, FBS processes most withdrawals in 15-20 minutes for electronic methods.

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.

Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026