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

Executive Summary (TL;DR): FBS is shown on WikiFX as a regulated broker with oversight from the Cyprus Securities and Exchange Commission and the Australian Securities and Investments Commission, and its WikiFX Score is 7.59. That said, the complaint volume is hard to ignore: WikiFX records 171 user complaints in the past three months. If you are considering a deposit, treat FBS as a broker that requires careful verification, small test transactions, and close attention to withdrawal rules.

In this FBS review, the picture is mixed rather than simple. On one side, the broker has visible regulation records, a long operating history since 2017, MT4/MT5 support, and an A-grade trading environment result on WikiFX. On the other side, the exposure cases show a recurring pattern of users alleging delayed withdrawals, rejected withdrawals, severe slippage, stop-loss gaps, and profit deductions.

Before you find a broker for Forex trading, the key question is not only whether it has licenses. You also need to ask how the broker behaves when clients make profits, request withdrawals, or trade during volatile market conditions.

Contents

01

Regulation and Safety

02

WikiFX Score and Broker 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 headquartered in Belize and established in 2017. The broker is shown as regulated by the Cyprus Securities and Exchange Commission, under Tradestone Ltd with license number 331/17, and by the Australian Securities and Investments Commission, under Intelligent Financial Markets Pty Ltd with license number 426359. Both entries are marked as regulated.

That is a meaningful point in FBS's favor. A broker with recognized regulatory records generally has a clearer compliance framework than an unregulated offshore entity. Still, regulation status should not be read as a permanent safety guarantee. You should confirm which legal entity would actually hold your account, because client protection can differ depending on whether you are onboarded under a European, Australian, Belize, or other regional structure.

There is also a negative regulatory disclosure in the WikiFX data. The Securities Commission Malaysia placed related FBS Malaysia / FX Trade Pro websites and channels on an investor alert list for unauthorized capital market activities involving securities and derivatives trading. WikiFX notes one regulatory disclosure in 2023. This does not erase the CySEC and ASIC records, but it does add a practical warning: if you are in Malaysia or using a regional FBS-related site, verify the exact official domain and entity before submitting documents or funds.

WikiFX Score and Broker Risk Signals

FBS has a WikiFX Score of 7.59, an influence rank of A, and a trade environment rank of A. The broker also has high search interest, with 22,508 searches shown in the data. Those figures suggest FBS is widely known, not an obscure name.

But the risk signal sits beside the popularity signal. WikiFX states that it received 171 complaints about FBS in the past three months. That number deserves attention because complaint clusters are more useful than one-off stories. A single dispute may be personal or technical; repeated complaints across countries and dates suggest you should slow down and verify everything before funding a real account.

Trading Conditions

FBS offers two account types in the provided data: Standard and Ultra. Both show an entry condition of 50 units and maximum leverage of 1:30. The Standard account lists a main spread from 0.7, while the Ultra account lists a main spread from 0. The data also shows hedging, scalping, and EA trading are allowed, while cryptocurrency trading is marked as not allowed.

The 1:30 leverage level is more conservative than the very high leverage sometimes seen offshore, but it still magnifies outcomes. For Forex traders, even moderate leverage can turn a small price movement into a large account swing, especially around news events, market gaps, or thin liquidity.

WikiFX's trading environment test involved 8,437 users and gave FBS an overall Grade A, described as Good. Cost performance is marked AA and offline stability AAA. However, the same test data also shows slippage concerns: the slippage grade is B, average slippage is 0.7, and maximum slippage is listed at 29.0, with some slippage descriptions marked Poor. That matters because many exposure cases specifically complain about stop-loss execution, gaps, and price differences.

Platform and Account Access

FBS supports proprietary software, MT4, and MT5. The provided review used MT5 and described it as customizable, multilingual, with good search and clear fee reports. Mobile access is available through iOS and Android apps, but the source summary says Windows, MacOS, web, and other application support are not available.

For account safety, the platform data includes one important login detail: the tested MT5 setup lacked two-step login and biometric authentication. That is not the same as saying users had login problems, and the cases do not prove login failures. But from a security standpoint, you should be cautious. Use the official website or official app store links only, avoid lookalike domains, and do not enter your login credentials through links sent by unofficial groups or social media accounts.

Trader Complaints and Exposure Cases

The exposure cases are the largest concern in this review. They come from many regions, including Vietnam, Indonesia, Germany, Turkey, Iraq, the United Arab Emirates, India, South Africa, Hong Kong, China, the United Kingdom, France, Thailand, Brazil, and others.

Withdrawal complaints appear repeatedly. Users reported withdrawals pending for days or weeks, withdrawals marked successful but not received, rejected withdrawal requests, and support responses that did not resolve the issue. One India-based user said a withdrawal of more than USD 2,000 was repeatedly rejected despite using the same method as the deposit.

Another user said a USD 9 debit-card withdrawal had passed the stated 3-5 day timeframe with no funds received.

Several users in July and August 2025 described funds as trapped, delayed, or withheld.

There are also repeated allegations of profit removal or account restriction after profitable trading. Several complainants referred to adjustments labeled “Balance Fixed.” One case from August 2025 said USD 586.42 was removed after a GBP/USD CPI trade.

Another said approximately USD 1,099.65 in profits was removed after an AML review.

A June 2025 case alleged USD 44,827 in profit was deleted through a Balance Fixed adjustment.

These are user allegations, but the pattern is serious enough that you should document every trade, withdrawal request, email, and account statement if you use the platform.

Execution complaints are another major theme. A Germany-based trader alleged that EUR/USD pending orders were executed far from the live market price, causing an approximately USD 30,000 difference.

Other users complained about forced take-profit settings, stop-loss slippage, hidden spreads, candles differing from other platforms, and positions closing even when the reported market price allegedly did not touch the stop-loss level. This complaint pattern lines up with the WikiFX slippage data, which is not the strongest part of the broker's trade environment profile.

Deposits, Withdrawals, and Support

FBS lists many funding channels in the provided data, including bank-related options, cards, Sticpay, Fasapay, OVO, DANA, QRIS, and several Indonesian bank options. Customer service is described as supporting 14 languages across two regions, with contact possible through phone, email, instant messaging, and social channels. The data says most relevant answers can be received, but waiting times may be long.

That support note matters because many complaints involve time-sensitive money issues. If a withdrawal is pending, a vague or slow support response increases stress and risk. Before depositing a meaningful amount, test the full cycle first: deposit a small amount, trade lightly, request a small withdrawal, and see whether the process works under your own account conditions.

Final Verdict: Should I open an account?

FBS is not a simple case of an unregulated broker with no public footprint. WikiFX shows regulated status under CySEC and ASIC, a 7.59 score, MT4/MT5 availability, and a Good trading environment grade. Those are positive data points.

The warning is the complaint record. WikiFX reports 171 complaints in the past three months, and the cases repeatedly mention withdrawal delays, rejected withdrawals, profit deductions, AML-related freezes, slippage, stop-loss gaps, and pricing disputes. That does not allow a guaranteed scam label, but it does justify a cautious risk rating.

If you still want to test FBS, use only the verified official channel, start small, avoid relying on bonus terms you have not fully read, keep screenshots of orders and withdrawals, and do not leave more capital on the platform than you can afford to have delayed.

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