FBS is a global forex broker founded in 2009 and headquartered in Belize. With over 15 years of operation, it has built a large client base across multiple continents, including Europe and Asia. For Norwegian traders, FBS offers an attractive low-cost entry point with a minimum deposit of just $1 and high leverage up to 3000:1, which is particularly appealing to retail forex traders looking to maximize potential returns. The broker provides access to popular trading platforms like MetaTrader 4 and MetaTrader 5, along with a range of deposit methods that include Bank Transfer, Skrill, and USDT (Tether). However, it is important to note that FBS is not regulated by a Norwegian financial authority, meaning traders do not benefit from local investor protection schemes. This makes FBS a high-risk option for conservative traders, but it remains a viable choice for experienced individuals who understand the risks of offshore brokers. The broker also offers an Islamic account for Muslim traders in Norway, which is a plus for the local Muslim community.
| Detail | Information |
|---|
| Founded | 2009 |
| Headquarters | Belize |
| Regulated by | CySEC,IFSC,FSCA |
| Min Deposit | $5 |
| Max Leverage | 3000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is FBS Safe for Norway?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Norway traders
Always verify FBS's regulation at the official regulator website before depositing.
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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.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 0.80 pips | $0 | 0.80 pips | 0.80 pips |
| XAU/USD | 0.40 pips | $0 | 0.40 pips | 0.40 pips |
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Account Types for Norway 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
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
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Deposits & Withdrawals — Norway Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Norway 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.
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Islamic Account — Norway Muslim Traders
FBS offers a genuine Islamic (swap-free) account that complies with Sharia law by eliminating swap/interest charges on overnight positions. This account is available for both Standard and ECN account types, making it accessible to Muslim traders in Norway. There are no hidden fees, and the swap-free feature applies to all trading instruments, including forex pairs, commodities, and indices. To apply, traders need to contact FBS customer support and request the Islamic account, providing a valid reason (e.g., religious belief). The account is free of charge, and the swap-free status remains active as long as the account is used for genuine trading. This is a positive feature for the Norwegian Muslim community looking for ethical trading options.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually 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.
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Instruments & Markets in Norway
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.80 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.40 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Norway traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Norway traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Norway traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Norway Review
Support verdict for Norway
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Norway Traders Make with FBS
- Mistake: Using maximum leverage without understanding the risks. Norwegian traders should start with lower leverage (e.g., 1:10) to manage risk, especially given the high 3000:1 offered.
- Ignoring regulatory risks. Many Norwegian traders assume all brokers are regulated locally; always verify FBS's licenses and understand that you are not covered by Norwegian investor protection.
- Not testing the demo account first. Beginners in Norway should use the free demo account to practice trading strategies before depositing real funds.
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FBS vs Competitors in Norway
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| FBS (current) | $5 | 0.80 pips | Yes | No | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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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
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Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Norway traders
FBS segregates all client funds and holds regulatory licenses.
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FBS User Reviews & Ratings
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
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FBS Latest News & Updates 2026
FBS expands TradingView integration
FBS has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
FBS maintains top-tier regulatory status
FBS continues to hold its regulatory licenses, ensuring client fund protection for Norway traders.
New instruments added for Norway traders
FBS has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is FBS Worth It for Norway Traders?
3.7/5
★★★★★
FBS is a high-risk, high-reward broker that can be suitable for experienced retail traders in Norway who understand the risks of offshore regulation and high leverage. Its low minimum deposit and support for local payment methods like Skrill and USDT make it accessible, while the Islamic account is a plus for Muslim traders. However, the lack of Norwegian regulation is a significant concern, and conservative traders should look for brokers regulated by Finanstilsynet or other EU authorities. For those willing to take the risk, FBS offers competitive spreads and a robust trading platform. Ultimately, it is best for traders who prioritize low entry costs and high leverage over regulatory safety.
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FAQ — FBS for Norway Traders
Is FBS safe for Norway traders?+
How can I deposit money in FBS from Norway?+
Does FBS have Islamic account?+
What is the minimum deposit for FBS in Norway?+
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.
