FBS Review 2026
Our rating: 7.5/10 (provisional) · Reviewed from the broker’s published terms — not yet live-tested · Figures from the Broker & Bonus Matrix
Reviewed by Tim Morris
Forex Trader, Broker & Bonus Analyst · Updated 28 July 2026
Regulation
FBS Markets Inc. — Belize FSC (IFSC/60/230/TS/18)
Founded
2009
Min deposit
$5
Best bonus
100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100)
Quick verdict
FBS, operating since 2009, offers “100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100)” to eligible emerging-market clients. It has top-tier-regulated group entities, though bonuses run through an offshore arm.
Regulation & entities
FBS has at least one top-tier-regulated entity — but bonuses run through an offshore arm, so check which entity your account sits under before funding.
- FBS Markets Inc. — Belize FSC (IFSC/60/230/TS/18)
- CySEC (Cyprus) entity
- ASIC (Australia) entity
Platforms: MT4, MT5, FBS Trader app
Vetting rank: #5 of 18 brokers we review (7.5/10, provisional)
Min deposit: $5 vs $10 median across our reviewed brokers
Bonuses & real terms
100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Time limit
- Expires 28 days after last deposit or trading activity
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
cashback bonus
"Guaranteed Bonus" (FBS’s offer name) up to $5000 — tiered: $100 + 2 lots = $10; $500 + 10 lots = $50; $10,000 + 1,000 lots = $500; $100,000 + 10,000 lots = $5000
- Min deposit
- $100
- Time limit
- 30 days from registration
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
How we verified this review
- deposit bonus: cross-checked against FBS’s published terms · verified 2026-06-21
- cashback bonus: cross-checked against FBS’s published terms · verified 2026-06-21
- Fields cross-checked:
- bonus amount · minimum deposit · withdrawable status · time limit · turnover terms (where stated)
- Last full Matrix pass:
- 21 June 2026 — offers are re-verified on a rolling basis and each carries its own dated stamp.
- Live test:
- planned — until we’ve opened a real account and completed a withdrawal, this review is desk-verified from published terms and the rating stays provisional. What “tested” means: our review methodology.
Is the FBS bonus worth it?
The honest answer depends on the turnover, not the headline. Run FBS’s terms through our bonus value math before you deposit.
Trading regularly? FBS also supports cashback / IB rebates — recurring, withdrawable value that often beats a one-time bonus. Estimate yours →
Pros
- 2 verified bonus offers for eligible countries
- Has a withdrawable cash bonus, not only tradable credit
- At least one top-tier-regulated group entity
- Cashback / IB rebates available
- Low minimum deposit ($5)
- MetaTrader 4 and 5 supported
Cons
- Bonuses run through the offshore arm, not the top-tier-regulated entity
- Headline bonus is tradable credit with a turnover requirement, not withdrawable cash
Compare FBS
Frequently asked questions
› Does FBS offer a deposit or welcome bonus?
Yes. As of 21 June 2026, FBS runs 1 verified bonus offer for eligible countries — see the exact terms on our FBS bonus page.
› Is the FBS bonus withdrawable?
FBS has at least one bonus credited as withdrawable funds; others may be tradable credit. Check each offer’s status before claiming.
› Is FBS regulated, and can I claim its bonus in my country?
FBS operates under: FBS Markets Inc. — Belize FSC (IFSC/60/230/TS/18); CySEC (Cyprus) entity; ASIC (Australia) entity. Bonuses are offered through its offshore/eligible entities; retail clients in the EU, UK, Australia and US cannot claim them.
› Which countries can claim the FBS bonus?
Per the recorded offer terms, FBS's bonuses are available to traders in: Argentina, Brazil, Colombia, Egypt, Ghana, India, Indonesia, Kenya, Malaysia, Nigeria, Peru, Philippines, South Africa, Tanzania, Thailand, United Arab Emirates, Vietnam. Eligibility always excludes EU, UK, Australia and US retail clients, and can change — confirm your country in the broker's own terms before signing up.