Founded in 2009 and headquartered in Belize, FBS has grown into a global forex broker serving over 27 million clients worldwide. For Suriname traders, FBS is particularly attractive due to its ultra-low $1 minimum deposit and high maximum leverage of 3000:1. This allows retail traders in Suriname to open positions with very little capital, making forex trading accessible even to those with limited budgets. The broker supports USD as the base currency, which is commonly used in Suriname, and offers local payment methods like Bank Transfer, Skrill, and USDT. However, it's important to note that FBS is not regulated by the local financial authority in Suriname, relying instead on offshore licenses from CySEC, IFSC, and FSCA. This means traders must be aware of the risks and consider using a demo account (available for 30 days) to test the platform before depositing real funds. FBS offers a wide range of trading instruments, including forex, metals, indices, and cryptocurrencies, which can suit different trading strategies popular in Suriname.
| Detail | Information |
|---|---|
| Founded | 2009 |
| Headquarters | Belize |
| Regulated by | CySEC,IFSC,FSCA |
| Min Deposit | $1 |
| Max Leverage | 3000 |
| Platforms | MT4, MT5 |
| Islamic Account | ✓ Available |
| Copy Trading | ✗ Not available |
| Demo Account | ✓ 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 | ✓ Yes |
| ECN/Raw Account | ✗ No |
| Islamic (Swap-free) | ✓ Yes |
| Scalping Allowed | ✓ Yes |
| Hedging Allowed | ✓ Yes |
| Expert Advisors (EA) | ✓ Yes |
| Copy Trading | ✗ No |
FBS offers a genuine Islamic (swap-free) account for Muslim traders in Suriname who wish to trade in accordance with Sharia law. This account has no swap or rollover interest on overnight positions, meaning you can hold positions for multiple days without incurring additional costs. There are no hidden fees, but the account is available only on request. To apply, contact FBS customer support or select the Islamic account option during registration. The account is available on Standard, Cent, and ECN account types. However, be aware that FBS may charge an administrative fee if you hold a position for more than a certain number of days (usually 7-10 days), so it's best to check the terms. Overall, it's a good option for Suriname Muslim traders who want to trade without interest.
| 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 |
| 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% |
| ETF CFDs | SPY, QQQ | ✓ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | ✓ Yes | Built into platform, real-time |
| Daily Market Analysis | ✓ Yes | Written + video reports |
| Video Tutorials | ✓ Yes | Beginner to advanced |
| Live Webinars | ✓ Yes | Weekly sessions, recorded |
| Demo Account | ✓ Yes | Unlimited, no expiry |
| Copy Trading | ✗ No | Not available |
| Free VPS | ✓ Yes (active traders) | For EA/automated trading |
| Local Language Support | ✗ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | ✓ Yes | 24/5 (Mon-Fri) | ★★★★★ Excellent |
| Email Support | ✓ Yes | 24/5 | ★★★★☆ Very Good |
| Phone Support | ✓ Yes | Business hours | ★★★★☆ Good |
| ✗ No | — | Not available | |
| Local Language | ✗ No | — | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| FBS ★ | $1 | 0.80 pips | ✓ | ✗ | 3.7 |
| Pepperstone | $0 | 0.09 pips | ✓ | ✓ | 4.9 |
| IC Markets | $200 | 0.02 pips | ✓ | ✗ | 4.8 |
| Exness | $10 | 0.10 pips | ✓ | ✗ | 4.8 |
Understanding how FBS protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Suriname traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | ✓ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | ✓ Yes | Losses capped at account balance |
| Top-tier Regulation | ✗ No | FCA/ASIC/CySEC licensed |
| Investor Compensation | ✗ No | Up to £85,000 (FCA) or €20,000 (CySEC) |
| 2FA Security | ✓ Yes | Two-factor authentication available |
| SSL Encryption | ✓ Yes | All data encrypted in transit |
| Audit & Reporting | ✓ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from FBS relevant to Suriname traders:
FBS is a solid choice for Suriname traders who are just starting out or have limited capital, thanks to its $1 minimum deposit, high leverage, and support for local payment methods like Bank Transfer, Skrill, and USDT. The availability of an Islamic account also caters to Muslim traders. However, the lack of regulation by the local Suriname authority is a significant drawback, meaning you cannot rely on local dispute resolution. For serious, long-term traders, we recommend considering a broker regulated in a stricter jurisdiction. For beginners, FBS offers a low-risk way to learn forex trading through its demo account and low-cost Standard account. Overall, FBS is recommended for small retail traders in Suriname who are aware of the regulatory risks and want to start with minimal investment.