HomeBroker ReviewsFBS ReviewMalta
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Malta
Live account tested
Broker Review · Malta 2026

FBS Review 2026: A Detailed Look for Malta Traders

FBS is a globally recognized broker with a low $1 minimum deposit and high leverage, making it accessible for Malta beginners. However, its lack of direct Malta Financial Services Authority (MFSA) regulation and reliance on offshore licenses means Maltese traders should proceed with caution. Overall, it's a decent choice for small accounts but not ideal for serious, long-term traders prioritizing top-tier safety.
Regulated: CySEC
Min Deposit: $5
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
4.5
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Malta Traders

  • Ultra-low $1 minimum deposit makes it accessible for Malta beginners.
  • Supports local payment methods Skrill, Bank Transfer, and USDT.
  • Offers Islamic (swap-free) account for Muslim traders in Malta.
  • High leverage up to 1:3000 on forex pairs.
  • Both MT4 and MT5 platforms available.

CONS for Malta Traders

  • Not regulated by the Malta Financial Services Authority (MFSA) — lower investor protection.
  • Limited instrument range compared to larger, MFSA-regulated brokers.
  • Withdrawal fees apply for some methods (e.g., Skrill 1% fee).
  • No cTrader or TradingView platform support.
  • Islamic account may incur holding fees after a certain period.
📅
2009
Founded
📍
Belize
HQ
💵
$5
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Malta
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FBS Overview for Malta

Founded in 2009 and headquartered in Belize, FBS has grown into a global forex broker serving over 27 million clients worldwide. For Malta traders, FBS offers a low-barrier entry with a $1 minimum deposit and leverage up to 1:3000, appealing to those starting with small capital. The broker provides access to the popular MetaTrader 4 and MetaTrader 5 platforms, which are well-suited for retail forex trading. However, FBS is not regulated by the Malta Financial Services Authority (MFSA), which is a key consideration for local traders who prioritize strict local oversight. Despite this, FBS’s long track record and multiple international licenses (CySEC, FSCA) offer some reassurance. The broker supports local payment methods like Bank Transfer, Skrill, and USDT, making deposits and withdrawals convenient for Maltese users. Overall, FBS is a viable option for Malta beginners or those trading small amounts, but experienced traders may prefer a broker with MFSA regulation.

DetailInformation
Founded2009
HeadquartersBelize
Regulated byCySEC,IFSC,FSCA
Min Deposit$5
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FBS Safe for Malta?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
~
Live Chat Support
Yes
Safety verdict for Malta traders
Always verify FBS's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.80 pips$00.80 pips0.80 pips
XAU/USD0.40 pips$00.40 pips0.40 pips
💼

Account Types for Malta Traders

Standard Account
No Commission
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Malta tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Malta Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Malta deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Malta Muslim Traders

FBS offers an Islamic (swap-free) account for Muslim traders in Malta who require Sharia-compliant trading. This account type eliminates all swap/interest charges on overnight positions, aligning with Islamic finance principles. It is available on both Standard and Cent accounts. However, there are conditions: the account may incur an administrative fee if positions are held for more than a specific number of days (e.g., 10 days), and the swap-free feature may not apply to all instruments (e.g., some crypto CFDs). To apply, Malta traders can request the Islamic account during registration or via customer support. It’s important to read the terms carefully to avoid unexpected charges. Overall, it’s a genuine swap-free option, but not entirely free if positions are held long-term.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Malta

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.80 pips
Gold (XAU/USD)Spot GoldAvailable0.40 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Malta traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Malta traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Malta traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Malta Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Malta
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Malta Traders Make with FBS

  • Mistake: Assuming FBS is regulated by the MFSA. Always check the regulator on the FBS website and verify on the CySEC or IFSC registers. Malta traders should not expect the same protections as with a local broker.
  • Not reading the Islamic account terms. The swap-free feature may have a limited holding period, after which an admin fee applies. Check the duration before opening positions.
  • Using Bank Transfer for withdrawals without considering fees. Skrill or USDT are faster and often cheaper for Malta traders. Bank Transfers can take days and incur intermediary bank charges.
🔍

FBS vs Competitors in Malta

BrokerMin DepositEUR/USDIslamicTradingViewScore
FBS (current)$50.80 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FBS

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
~

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Malta traders
FBS segregates all client funds and holds regulatory licenses.

FBS User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 9,222 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FBS Latest News & Updates 2026

Platform
July 2026
FBS expands TradingView integration
FBS has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FBS maintains top-tier regulatory status
FBS continues to hold its regulatory licenses, ensuring client fund protection for Malta traders.
Product
May 2026
New instruments added for Malta traders
FBS has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FBS Worth It for Malta Traders?

3.7/5
★★★★★

FBS is a mixed proposition for Malta traders. On the positive side, its $1 minimum deposit, high leverage, and support for local payment methods like Skrill and Bank Transfer make it highly accessible for beginners and those with small capital. The availability of MT4 and MT5 is also a plus. However, the lack of MFSA regulation is a significant drawback — Malta traders lose the protection of the local Investor Compensation Scheme and must rely on CySEC or offshore oversight. For serious, long-term traders or those depositing large sums, a locally regulated broker is safer. FBS is best suited for Malta beginners testing the waters, or for traders who want to trade small amounts with high leverage. If you prioritize safety above all, consider an MFSA-regulated broker instead.

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FAQ — FBS for Malta Traders

Is FBS safe for Malta traders?+
How can I deposit money in FBS from Malta?+
Does FBS have Islamic account?+
What is the minimum deposit for FBS in Malta?+
What trading platforms does FBS offer?+
Is FBS regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Malta
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationCySEC · IFSC
Min Deposit$5
Max Leverage3000
Founded2009
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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