Founded in 2009 and headquartered in Belize, FBS has grown into a global broker serving over 27 million clients worldwide. For Sweden traders, FBS offers an attractive 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, Skrill, and USDT, making deposits and withdrawals straightforward. While FBS is not regulated by the Swedish Financial Supervisory Authority (Finansinspektionen), it holds licenses from CySEC, IFSC, and FSCA, which provide some oversight. The broker’s platforms, MT4 and MT5, are well-suited for Swedish traders who value advanced charting and automated trading. However, the lack of local regulation means Sweden traders should exercise caution and consider the risks of trading with an offshore broker. FBS also offers an Islamic account for Muslim traders in Sweden, and its educational resources are useful for beginners. Overall, FBS is a viable option for cost-conscious traders, but it may not be ideal for those seeking the highest level of investor protection.
| 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 swap-free Islamic account for Muslim traders in Sweden who require Sharia-compliant trading. This account is available on all account types (Standard, Cent, ECN, Zero Spread) and is free from interest or swap charges on overnight positions. There are no hidden fees, but it's important to note that the account may have slightly wider spreads on certain instruments. To apply, Sweden traders need to contact FBS support after opening a live account. The Islamic account is ideal for long-term position traders who want to avoid interest. FBS does not charge any administrative fees for maintaining the account. However, traders should confirm that the account remains swap-free for all currency pairs and instruments.
| 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 Sweden 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 Sweden traders:
FBS is a solid choice for Sweden traders who prioritize low costs and high leverage over regulatory protection. The $1 minimum deposit and availability of Skrill and USDT make it easy to fund accounts, while the MT4/MT5 platforms provide a familiar trading environment. However, the lack of regulation by the Swedish FSA is a significant drawback, as it means no access to the Swedish investor compensation scheme. Sweden traders should only trade with FBS if they are comfortable with the risks of an offshore broker and are experienced enough to manage high leverage. For beginners or risk-averse traders, a locally regulated broker may be a safer option. Overall, FBS is best for experienced, cost-conscious traders who want high leverage and are willing to forgo some protections.