Founded in 2009 and headquartered in Belize, FBS has grown into a global broker serving over 27 million clients worldwide. For Ukraine traders, FBS is particularly attractive due to its ultra-low $1 minimum deposit and high leverage up to 1:3000, which appeals to retail traders looking to start small. The broker supports local payment methods popular in Ukraine, including Bank Transfer (local banks), Skrill, and USDT (crypto), making deposits and withdrawals convenient. FBS offers a wide range of trading instruments β over 55 forex pairs, gold, oil, indices, and cryptocurrencies β all on the powerful MetaTrader 4 and MetaTrader 5 platforms. While its offshore IFSC regulation raises some caution, the broker also holds a CySEC license (EU) for clients who prefer tighter oversight. FBS is a solid choice for cost-conscious Ukraine traders who prioritize low entry barriers and flexible account options.
| 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 a genuine swap-free Islamic account for Muslim traders in Ukraine who wish to trade without earning or paying overnight interest. This account is available on Standard and Cent accounts. There are no hidden fees β the swap is simply set to zero. To apply, Ukraine traders need to contact FBS support via live chat or email and request the account conversion. The Islamic account is available for all forex pairs, but not for all CFDs (e.g., indices may still incur swaps). Itβs a good option for observant traders in Ukraine.
| 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 Ukraine 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 Ukraine traders:
FBS is a good entry-level broker for Ukraine traders who want to start with very little capital and have access to high leverage. The low minimum deposit and local payment methods make it practical. However, the lack of strong regulation on the IFSC entity is a real concern β Ukraine traders should only use the CySEC entity for better protection. FBS is best for small retail traders and scalpers who understand the risks. Beginners in Ukraine may be better off with a more tightly regulated broker like RoboForex or FXTM. Overall, FBS is a decent option if used cautiously.