FBS is a global forex broker founded in 2009 and headquartered in Belize. It has grown to serve over 27 million clients worldwide, including a significant number from Europe and Asia. For Romania traders, FBS offers a low-cost entry point with a minimum deposit of just $1 and maximum leverage up to 3000:1. The broker supports popular local payment methods such as Bank Transfer (SEPA), Skrill, and USDT (crypto), making it easy for Romanian clients to fund accounts. While FBS is not regulated by the Romanian Financial Supervisory Authority (ASF), it holds licenses from CySEC (Cyprus), IFSC (Belize), and FSCA (South Africa). The broker offers both MT4 and MT5 platforms, which are widely used in Romania. Its Islamic account option also caters to Muslim traders in the country. Overall, FBS is a viable choice for Romanian traders seeking high leverage and low costs, but they should be aware of the regulatory limitations.
| Detail | Information |
|---|---|
| Founded | 2009 |
| Headquarters | Belize |
| Regulated by | CySEC,IFSC,FSCA |
| Min Deposit | $1 |
| Max Leverage | 3000 |
| Platforms | MT4, MT5 |
| Islamic Account | β Available |
| Copy Trading | β Not available |
| Demo Account | β Available |
| 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 |
| Feature | Available |
|---|---|
| Demo Account | β Yes |
| ECN/Raw Account | β No |
| Islamic (Swap-free) | β Yes |
| Scalping Allowed | β Yes |
| Hedging Allowed | β Yes |
| Expert Advisors (EA) | β Yes |
| Copy Trading | β No |
FBS offers an Islamic (swap-free) account for Romania Muslim traders who wish to trade without earning or paying overnight interest (swap). This account is available on all account types (Standard, Cent, ECN) and is genuineβno hidden fees or charges for holding positions overnight. However, some brokers limit the number of days a position can be held swap-free; FBS allows unlimited holding but may charge a small administrative fee after a certain period (e.g., 10 days). To apply, simply contact FBS customer support via live chat or email and request the Islamic account. You may need to provide a declaration of your Muslim faith. The account is available on both MT4 and MT5 platforms.
| Feature | Details |
|---|---|
| Islamic Account Available | β Yes |
| Swap Fees | β 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 |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | β All available | 0.80 pips |
| Gold (XAU/USD) | Spot Gold | β Available | 0.40 pips |
| Silver (XAG/USD) | Spot Silver | β Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | β Available | $0.03β$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | β Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | β Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | β Available | 0.02% |
| ETF CFDs | SPY, QQQ | β Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | β Yes | Built into platform, real-time |
| Daily Market Analysis | β Yes | Written + video reports |
| Video Tutorials | β Yes | Beginner to advanced |
| Live Webinars | β Yes | Weekly sessions, recorded |
| Demo Account | β Yes | Unlimited, no expiry |
| Copy Trading | β No | Not available |
| Free VPS | β Yes (active traders) | For EA/automated trading |
| Local Language Support | β No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | β Yes | 24/5 (Mon-Fri) | β β β β β Excellent |
| Email Support | β Yes | 24/5 | β β β β β Very Good |
| Phone Support | β Yes | Business hours | β β β β β Good |
| β No | β | Not available | |
| Local Language | β No | β | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| FBS β | $1 | 0.80 pips | β | β | 3.7 |
| Pepperstone | $0 | 0.09 pips | β | β | 4.9 |
| IC Markets | $200 | 0.02 pips | β | β | 4.8 |
| Exness | $10 | 0.10 pips | β | β | 4.8 |
Understanding how FBS protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Romania traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | β Yes | Client money held in separate bank accounts |
| Negative Balance Protection | β Yes | Losses capped at account balance |
| Top-tier Regulation | β No | FCA/ASIC/CySEC licensed |
| Investor Compensation | β No | Up to Β£85,000 (FCA) or β¬20,000 (CySEC) |
| 2FA Security | β Yes | Two-factor authentication available |
| SSL Encryption | β Yes | All data encrypted in transit |
| Audit & Reporting | β Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from FBS relevant to Romania traders:
FBS is a solid choice for Romania traders who prioritize low costs, high leverage, and flexible payment methods. The $1 minimum deposit and support for Skrill and USDT make it accessible. However, the lack of regulation by the Romanian ASF is a significant drawback, as it means no local investor compensation. Romania traders should only trade with money they can afford to lose and consider using the CySEC-regulated entity if possible. FBS is best suited for experienced traders who understand the risks of high leverage and for beginners who want to start with a small amount. For long-term, serious traders, a broker with stronger local regulation (e.g., ASF-regulated or EU-licensed) may be more appropriate. Overall, FBS offers value but with notable risks.