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FBS Review

Very low minimum, popular in Asia
★★★★★★★★★★ 4.3 / 5
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Trading involves risk of loss
XAUUSD spread0.15
Min deposit$5
Max leverage1:3000
Founded2009
Rating4.3/5

Overview

FBS (2009) is a broker with a very low entry barrier, popular across South and Southeast Asia, with CySEC and ASIC licences on its regulated entities.

Pros

  • Very low $5 minimum
  • Popular local funding across Asia
  • CySEC and ASIC regulated entities
  • Frequent promotions
  • Simple apps

Cons

  • Highest leverage is offshore
  • Gold spreads are mid-range
  • Not available to US clients

Gold (XAUUSD) trading conditions

XAUUSD from around 0.15 is reasonable for casual and swing traders, though dedicated scalpers can find tighter elsewhere.

Key facts

Regulation
FSC, CySEC, ASIC
Platforms
MetaTrader 4, MetaTrader 5 and the FBS app.
Account types
Standard and Cent accounts plus copy trading.
Deposits
Local bank methods and e-wallets, strong in Asia.

Verdict

An accessible broker with a tiny minimum for new traders. Best for beginners in Asia starting with small size.

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Disclaimer: This review is editorial and for information only, not investment advice. The rating reflects our assessment of regulation, cost, execution and reputation. Spreads are indicative and can change. The link above may be a partner link. Trading forex and gold on leverage carries a high risk of losing money; always confirm the broker accepts your country and check your local regulator first.