FBS Review
Overall, FBS caters to Malaysian traders interested in forex, indices, and commodities, combining flexible account types with bonus programmes and Islamic account availability. Funding and withdrawals can be managed through familiar channels, while platforms like MT4 and MT5 provide the trading tools most investors already recognise worldwide.
 | Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
FBS Malaysia Broker Overview 2025
| Category | Details |
| 🏦Malaysia Office Address | FBS runs from global offices in Cyprus and Belize. There is no Malaysia branch. |
| 📧Email Support | [email protected] |
| 📞Phone Support (Malaysia) | Not listed. Traders can use the global line: Call +357 25 313540 |
| 💬Live Chat | Available directly on the FBS website and app |
| ⏱️Customer Support Hours | 24/7 across all listed channels |
| ⏳Office Operating Hours | No local office. Global offices (Cyprus HQ) work weekdays 8am – 6pm |
| 🌐Official Website | www.fbs.com |
| 🚀 Sign up | 👉Open Account |
5 Best Forex Brokers in Malaysia
Rank | Broker | Review | Regulators | Min Deposit | Official Site |
🥇 |  | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 | Visit Broker |
🥈 |  | Read Review | FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine | $0 | Visit Broker |
🥉 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Broker |
#4 |  | Read Review | CySEC, MISA, FSCA, FSC | $20 | Visit Broker |
#5 | | Read Review | FSC, ASIC, CySEC | $5 | Visit Broker |
FBS Licences And Oversight
FBS is not regulated in Malaysia. The Securities Commission Malaysia has not issued FBS a licence to provide financial services locally. Malaysians who choose to trade with FBS do so under the oversight of FBS’s international entities, which hold licences in other jurisdictions.
Below is a full table of the licences, with the authorities most relevant to Malaysian clients shown first:
| Regulator / Authority | Region / Country | License / Registration No. | Status / Description |
| International Financial Services Commission (IFSC) | Belize | Registration No. 000001317; Licence No. 000102/31 | FBS Markets Inc. is authorised by the IFSC under the Securities Industry Act 2021. This is the entity typically providing services to Malaysian residents. |
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Licence No. 331/17 | Tradestone Ltd. is authorised by CySEC and is a member of the Investor Compensation Fund (ICF). Provides investor protection within the EU, but Malaysians are usually served by the Belize entity. |
| Australian Securities and Investments Commission (ASIC) | Australia | AFS Licence No. 426359 (Intelligent Financial Markets Pty Ltd, trading as FBS Oceania) | Oversees operations in Australia and Oceania. Not applicable to Malaysian residents directly. |
| Financial Sector Conduct Authority (FSCA) | South Africa | FSP No. 50885 | Authorisation held by Trade Stone SA (Pty) Ltd. Provides oversight for South African clients. |
Extra Safeguards with FBS
- Client funds are held in segregated bank accounts.
- Negative Balance Protection is standard.
- Margin call is set at 40% and stop-out at 20%.
- Advanced encryption is used for client data.
| Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
FBS Malaysia Account Features Explained
Because Malaysians are onboarded through the Belize entity, they can only register a Retail trading account. The retail trading account has demo options and the Islamic Account conversion.
| Live Account | Minimum Dep. | Open an account | Leverage | Commissions |
| Retail Account | €10 / USD equivalent | 👉Open Account | Up to 1:3000 | None |
Retail Account (Non-EU Clients)
| Account Feature | Value |
| 💻 Trading Platforms | MT4, MT5, FBS Trader app |
| 📉 Spread Pips | From 0.7 (floating) |
| 💰 Minimum Deposit | From $5 |
| 📈 Maximum Leverage | Up to 1:3000 |
| 💹 Trading Instruments | 550+ CFDs covering forex, metals, indices, energies, shares, crypto (availability depends on the entity) |
| 🏆 Best For | Traders who want a small deposit option, high leverage, and wide instrument coverage |
| ✅ Advantages | Low deposit requirement, no commission on trades, swap-free option on request, negative balance protection, execution speeds starting from 0.01 seconds, instant withdrawals available, up to 500 open positions with 200 pending orders |
| 🚀Sign up | 👉Open Account |
Demo Account
| Account Feature | Value |
| 💻 Trading Platforms | MT4, MT5, FBS Trader app |
| 🛠️ Features | No deposit required, execution from 0.03 seconds, access to forex majors and exotics, metals, indices, energies |
| 🏆 Best For | Traders who want a risk-free environment to test strategies and explore platform features |
| 🚀Sign up | 👉Open Account |
Islamic Account
| Account Feature | Value |
| 💻 Trading Platforms | MT4, MT5, FBS Mobile App |
| 📉 Spread Pips | Same as the retail account, starting from 0.7 pips |
| 💰 Minimum Deposit | Matches the underlying account |
| 📈 Maximum Leverage | Up to 1:30 retail, up to 1:500 for professional |
| 💹 Markets Offered | Forex pairs, metals, indices, energies, shares, crypto (availability depends on FBS entity) |
| 🏆 Best For | Traders who want swap-free, Sharia-compliant trading |
| ✅ Advantages | No overnight interest on positions, swap-free structure applies by request or default in some regions, access to full market range and platforms, alternative flat fees apply on exotics and positions held longer than two days |
| 🚀Sign up | 👉Open Account |
| Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
How Malaysians Can Open An FBS Trading Account
FBS’s account opening is quick and easy, and you can register on the official website. While fast, you still need to provide updated info and upload your identity documents and proof of residence before you can start trading. Here’s a step-by-step process:
Step 1: Start on the correct website
Malaysians register on fbs.com. The EU site is limited to residents of the European Economic Area, and you can ignore that option altogether.
Step 2: Register your Trader Area
Click “Open Account” and sign up using your email and full name. Social logins are also available. Once you confirm your email, set a strong password that you’ll remember. This Trader Area is where you manage everything from accounts to deposits.
Step 3: Complete your profile
Enter your details exactly as they appear on your official documents:
- Country of residence: Malaysia
- Full legal name
- Date of birth
- Address
- Phone number
Step 4: Verify your identity (KYC)
You’ll need three pieces to complete verification:
- Photo ID: Passport, MyKad, or driving licence
- Liveness check: Done with your device camera
- Proof of residence: Bank statement, utility bill, or tenancy agreement issued within the last three months. The name must match your ID.
- Remember to keep file sizes under 5 MB and make sure all text is legible.
Step 5: Open your first trading account
Inside the Trader Area, create a trading account:
- Choose between a real account and a demo.
- Choose the retail account.
- Select your platform (MT4, MT5, or the FBS app).
- Set your base currency and leverage.
- Toggle the Swap-Free (Islamic) option if you want it.
Step 6: Deposit funds
Go to Finances → Deposit. Malaysians can use local banks, e-wallets, and DuitNow QR among other channels. Withdrawals are made through Finances → Withdrawal, ideally using the same method you deposited with.
Step 7: Log in and trade
Download MT4, MT5, or the FBS app, then log in with the credentials you set.
Step 8: Key Notes for Malaysians
- Entity & protection: You’ll be trading under the international entity. That means there’s no CySEC investor compensation scheme.
- Licences: FBS Markets Inc (Belize FSC) and FBS Trading Seychelles Ltd (FSA Seychelles) handle international accounts.
- Malaysia compliance: Check the Securities Commission Malaysia Investor Alert List and Bank Negara Malaysia’s Financial Consumer Alert before transferring money.
Step 9: Tips to Save Time
- Enter your name exactly as shown on your MyKad or passport.
- Keep proof of residence documents clear, current, and under 5 MB.
- Be ready for a short trading knowledge questionnaire during registration.
Remember: Islamic swap-free accounts are available and can be activated in the Trader Area.
FBS, XTB, Or Markets.com – Which Is Better For Malaysians?
| FBS | XTB | Markets.com | |
| ⚖️ Regulation | IFSC, CySEC, ASIC, FSCA | FCA, CySEC, BaFin, ACPR, CNMV, KNF, IFSC, FSCA | ASIC, CySEC, FCA, FSCA, BVI FSC |
| 📱 Trading Platform | MT4, MT5, FBS App | xStation 5, xStation Mobile | MT4, MT5, Markets.com, Social Trading, TradingView |
| 💰 Withdrawal Fee | Yes | Yes (withdrawals under $50) | No |
| 📊 Demo Account | Yes | Yes (30 days) | Yes (30 days) |
| 📈 Minimum Deposit | $5 | $0 | $100 |
| 📈 Leverage | Up to 1:3000 | Up to 1:500 | Up to 1:500 |
| 📊 Spread (lowest) | From 0.7 pips | From 0.1 pips | From 0.7 pips |
| 💰 Commissions | None | None on Forex, stocks, ETFs, crypto | None |
| ✴️ Margin Call/Stop-Out | 40% / 20% | Varies by asset | Margin Call 50%, Stop-Out 30% |
| ✴️ Order Execution | Market execution (as low as 0.01 sec) | ~85ms | Instant |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | Not for Non-EU | No | No |
| 📈 Account Types | Retail, Demo, Islamic | Standard, Swap-Free | Classic |
| ⚖️ SCM Regulation | No | No | No |
| 💳 MYR Deposits | Yes | No | No |
| 📊 Malaysian Ringgit Account | No | No | No |
| 👥 Customer Service Hours | 24/7 | 24/5 | 24/5 |
| 📊 Retail Investor Accounts | Yes | Yes | Yes |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 👉 Open account | 👉Open Account | 👉Open Account | 👉Open Account |
| Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
FBS Malaysia Platform Options Compared
| Platform | Instruments Available | Stand-out Features | Best For Malaysian Traders |
| MetaTrader 4 | Majors + limited exotics | Up to 500 positions, negative balance protection, swap-free option | Those who want MT4 tools and trade majors + selected exotics |
| MetaTrader 5 | All exotics, Forex, stocks, indices, metals, energies | 8 pending order types, stock CFDs, swap-free rules | Traders who want the broadest instrument list, including stocks |
| FBS VPS | Supports MT4/MT5 terminals | Continuous uptime, free with 3 lots/month | High-volume traders who need 24/7 execution stability |
| FBS App | 550+ instruments, Demo + Real | In-app orders, charting, secure mobile access | Traders who manage accounts and trades on mobile |
MetaTrader 4
MT4 at FBS covers majors and a specific set of exotics. It remains popular because of its simplicity and broad support across brokers.
Key Features
- Exotic coverage is limited to pairs such as USDSGD, EURTRY, USDCNH, CNHJPY, EURCNH, USDMXN, USDTRY, USDZAR, and USDBRL.
- Position sizing from 0.01 up to 500 lots per order.
- Up to 500 open positions supported, including 200 pending orders.
- Swap-free mode available on request under FBS’s Islamic option.
- Negative balance protection applies as standard.
MT4 is ideal for Malaysian traders who already rely on MT4-specific tools and mainly trade majors plus selected exotics.
MetaTrader 5
MT5 is the most comprehensive option at FBS, offering every exotic pair alongside share CFDs, indices, metals, and energies.
Key Features
- All Forex exotics are available.
- Share CFDs plus Forex, indices, metals, and energies in one platform.
- 30+ additional pairs and 350+ stocks added in recent years.
- Swap-free mode with clear commission rules for exotics.
- Margin call and stop-out set at 40% and 20%.
MT5 is ideal for Malaysian traders who want the widest symbol list and stock CFDs on the same terminal, with defined Islamic/swap-free terms.
FBS VPS
FBS’s VPS keeps your MT4 or MT5 terminal online continuously, even when your personal device is switched off.
Key Features
- Enable it through the Promotions section of the Trader Area.
- Requires a $450/€450 one-time deposit on a Real account.
- Free if at least 3 lots are traded monthly; otherwise $33 per month.
- Terminal stays online even when your own device is off.
- Improves execution stability and risk control.
FBS VPS is ideal for Malaysian traders who need uninterrupted access to their terminal and qualify for unrestricted use through monthly volume.
FBS App
The FBS App supports account management and live trading on mobile with Android and iOS.
Key Features
- Trade from a single screen by selecting instrument, lot size, and order direction.
- Enter Take Profit and Stop Loss levels before execution.
- Switch between Demo and Real accounts.
- Charts are available anywhere in the app for quick analysis.
- Available on Android and iOS devices.
The FBS App is ideal for Malaysian traders who want to trade and manage accounts on the go with charting and orders in one place.
FBS Tradable Products
You can trade with FBS on MetaTrader 5 or MetaTrader 4, with Stocks, Forex (majors, minors, and a defined list of exotics), Metals, Energies, and global Indices available.
| Market Type | Market Description | Examples/Popular Instruments | Reasons Why Malaysian Traders Should Be Familiar With This Type |
| 📈 Stocks CFD | Share price exposure from major exchanges as CFDs. | BP PLC, EasyJet, Diageo, Unilever, Nike, Coinbase, AstraZeneca, Barclays, HSBC, Royal Dutch Shell. | Access to global names many Malaysians follow during overlapping market hours, with both long and short positions possible through CFDs. |
| 🏦 Forex CFD (Majors & Minors) | Major and minor currency pairs with floating spreads. | EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, AUDJPY, CADCHF, EURJPY. | Useful for traders in Malaysia who follow Asia, Europe, and US sessions, with transparent spreads and swaps for each pair. |
| 🏦 Forex Exotic CFDs | Emerging-market and regional pairs; full list on MT5, selected pairs on MT4. | USDSGD, EURTRY, USDCNH, CNHJPY, EURCNH, USDMXN, USDTRY, USDZAR, USDBRL. | Relevant if you want exposure to regional and emerging-market currencies, with full access on MetaTrader 5 and a trimmed list available on MetaTrader 4. |
| 🛢️ Energy CFDs | CFD exposure to oil and gas benchmarks. | Brent (XBRUSD), WTI (XTIUSD), Natural Gas (XNGUSD). | Energy prices directly affect costs in Malaysia, so keeping an eye on crude and gas movements can support broader trading decisions. |
| 🛢️ Metals CFD | Precious metals priced in multiple currencies as CFDs. | XAUUSD, XAUGBP, XAUEUR, XAGUSD, Platinum, Palladium. | Gives you the chance to trade gold and silver against different currencies, useful for Malaysians comparing metal prices beyond the US dollar. |
| 📊 Indices CFD | Global stock market indices offered as CFDs. | US100, US500, US30, UK100, DE30, JP225, HK50, AU200, EU50, FR40, ES35. | Lets you track and trade international equity benchmarks from Malaysia, including both US and Asia-Pacific indices. |
| Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
All Fees Charged By FBS in Malaysia
FBS applies spreads, overnight charges, and withdrawal fees. These are the trading and non-trading costs that you’ll face with FBS.
Spreads
Spreads are the difference between the buy and sell prices. Some of the most relevant instruments for Malaysians and their average spreads with FBS are:
- EUR/USD: 0.000095 (0.9 pips)
- GBP/USD: 0.000123 (1.2 pips)
- USD/CNH (US Dollar vs Chinese Yuan): 0.000891 (8.9 pips)
- XAU/USD (Gold Spot): 0.214246
- XTI/USD (WTI Crude Oil): 0.036667
- US500 (S&P 500 Index): 0.55
Overnight charges
Holding a position overnight triggers a swap fee. This is interest paid or received, based on the difference between the central bank rates of the currencies in the pair. Positive or negative values apply depending on which side you hold.
Here are examples for Malaysians across five commonly traded instruments with FBS:
- EUR/USD: -5.46 on long positions, +3.07 on shorts
- GBP/USD: -2.91 on longs, -1.15 on shorts
- USD/CNH: -9.54 on longs, -10.02 on shorts
- XAU/USD (Gold Spot): -29.9 on longs, +24.91 on shorts
- XTI/USD (WTI Crude Oil): -8.55 on longs, -6.73 on shorts
Withdrawal fees for Malaysians
FBS supports international card payments and e-wallets. Each method has a fee, as shown below:
| Method | Fee | Limits |
| Neteller | 2% (min $1, max $30) | $4 – $25,000 |
| Visa (Option 1) | €1 | €2 – €30,000 |
| Visa/MasterCard/Maestro (Option 3) | €2 | €5 – €5,002 |
| Skrill | 1–2% + €0.29 | $10 – $50,000 |
How To Fund And Withdraw From FBS in Malaysia
FBS supports both international and regional Malaysian options for funding and withdrawals. You can transfer money through local banks (like Maybank, CIMB, RHB, AmBank, and more), DuitNow QR, FPX, cards, and international e-wallets (Skrill, Neteller, Sticpay).
| Method | Direction | Currency | Limits | Commission | Average Processing Time |
| AmBank | Deposit | MYR | 50 – 50,000 | 0% | Instant |
| AmBank | Withdrawal | MYR | 50 – 50,000 | 0% | 15–20 min (up to 48h) |
| Bank Islam Malaysia | Deposit | MYR | 50 – 50,000 | 0% | Instant |
| Bank Islam Malaysia | Withdrawal | MYR | 50 – 50,000 | 0% | 15–20 min (up to 48h) |
| Bank Simpanan Nasional (BSN) | Deposit | MYR | 50 – 50,000 | 0% | Instant |
| Bank Simpanan Nasional (BSN) | Withdrawal | MYR | 50 – 50,000 | 0% | 15–20 min (up to 48h) |
| CIMB | Deposit | MYR | 80 – 50,000 | 0% | Instant |
| CIMB | Withdrawal | MYR | 50 – 50,000 | 0% | 15–20 min (up to 48h) |
| Hong Leong Bank | Deposit | MYR | 80 – 50,000 | 0% | Instant |
| Hong Leong Bank | Withdrawal | MYR | 65 – 50,000 | 0% | 15–20 min (up to 48h) |
| Maybank | Deposit | MYR | 80 – 50,000 | 0% | Instant |
| Maybank | Withdrawal | MYR | 65 – 50,000 | 0% | 15–20 min (up to 48h) |
| Public Bank | Deposit | MYR | 80 – 50,000 | 0% | Instant |
| Public Bank | Withdrawal | MYR | 65 – 50,000 | 0% | 15–20 min (up to 48h) |
| RHB | Deposit | MYR | 80 – 50,000 | 0% | Instant |
| RHB | Withdrawal | MYR | 65 – 50,000 | 0% | 15–20 min (up to 48h) |
| DuitNow QR | Deposit | MYR | 30 – 1,000 | 0% | Instant |
| FPX / FPX Affin / FPX Alliance | Deposit | MYR | 100 – 30,000 | 0% | 15–20 min (some instant after verification) |
| Neteller | Deposit | USD | 10 – 100,000 | 0% | Instant |
| Neteller | Withdrawal | USD | 4 – 25,000 | 2% (min 1 – max 30 USD) | 5–7 min (up to 48h) |
| Skrill | Deposit | USD | 10 – 100,000 | 0% | Instant |
| Skrill | Withdrawal | USD | 10 – 50,000 | 1–2% + €0.29 | 15–20 min (up to 48h) |
| Sticpay | Deposit | USD | 3 – 50,000 | 0% | Instant |
| Sticpay | Withdrawal | USD | 3 – 50,000 | 0% | 15–20 min (up to 48h) |
| Visa / MasterCard | Deposit | EUR | 4 – 50,000 | 0% | Instant |
| Visa / MasterCard | Withdrawal | EUR | 2 – 30,000 | 1–2 EUR | 15–20 min (up to 7 business days) |
How to Deposit with Malaysian Banks
- Log in to your FBS Trader Area.
- Go to Finances and select Deposit.
- Choose your preferred local bank (for example, Maybank, CIMB, RHB, AmBank, BSN, or Bank Islam).
- Select the trading account you want to fund.
- Enter your details and the deposit amount.
- Select MYR as the currency.
- Confirm the transaction.
How to Withdraw to a Malaysian Bank Account
- Log in to your FBS Trader Area.
- Go to Finances and select Withdrawal.
- Pick your local bank method (Maybank, CIMB, RHB, AmBank, Public Bank, BSN, etc.).
- Choose the account you want to withdraw from.
- Provide your bank account details. For cards, upload the front and back when requested.
- Enter the withdrawal amount.
- Confirm the withdrawal request.
FBS Education Hub and Trading Tools
FBS offers a mix of learning and planning tools that line up well with Kuala Lumpur time and ringgit considerations. The options below focus on what you can use today to prepare trades around MYT, filter global data relevant to MYR pairs, and measure outcomes in ringgit before you place an order.
| Tool | Description | Purpose for Traders |
| VIP Analytics | Daily market reports with news, technical views on major instruments, market sentiment, an economic calendar, and links to learning resources. Reports are delivered Monday to Friday in the language set in your FBS Trader Area, or in English if that language is not available. | You can scan the day’s focus before the Asian session gets going, align plans with MYT, and keep the inbox summary as a quick brief before London hours. English delivery works fine for Malaysia when Malay is not listed. |
| Market insights | Short reads on equities, currencies, metals, and energies with key levels and context tied to current headlines. | You can prioritise stories that affect instruments you trade with MYR exposure, then time entries around local work hours without missing developments that break during US or Europe sessions. |
| top trades of the hour | A rolling board of anonymised trades from FBS clients, updated hourly with instrument and outcome details. | You can check what has been active during Asian hours, gauge sentiment across popular Forex pairs and gold, then decide whether a setup deserves a closer look before placing risk. |
| FBS Academy | Structured learning paths for beginners and advanced users, with tutorials that explain practical trade mechanics. | You can move from basics to platform usage at your own pace, then apply lessons on MT4 or MT5 in MYT without sifting through unrelated topics. |
| Trader’s blog | Regular articles across Basics, Psychology, Strategy, Risk management, and Trader’s stories, including Malaysia-specific onboarding content. | You can jump straight to “How to Start Trading in Malaysia as a Forex Beginner” and related pieces, then build a routine that fits local trading windows. |
| Trading terms glossary | A searchable glossary covering hundreds of trading and market terms, including Forex specifics and platform features. | You can confirm definitions for margin, leverage, swap-free terms, and VPS before funding in MYR, so account settings match your plan. |
| Economic calendar | An auto-updated calendar with Previous, Forecast, and Actual values, currency tags, and impact levels. Supports time-zone and currency filters. | You can set the calendar to Kuala Lumpur time, filter for MYR and USD, and prepare for releases that move ringgit-sensitive pairs. The numbers help you compare Forecast against Actual before committing to a trade. |
| Trade ideas | Ready-made chart views with levels and scenario notes across Forex, gold, and indices. | You can use ideas during the morning in Malaysia to map key levels, then place alerts on MT4 or MT5 so execution aligns with your schedule. |
| Profit Calculator | A calculator that estimates profit or loss for a position based on instrument, lot size, and entry/exit. | You can preview outcomes in ringgit terms for a planned trade, then adjust lot size so risk per trade matches your rules before you submit an order. |
| Currency Converter | A live converter for currency pairs to track rates and volatility. | You can translate expected results into MYR when funding from a Malaysian bank card or e-wallet, so deposit and withdrawal planning reflects ringgit movements. |
| Trading Calculator | A planning tool that shows margin requirements, pip value, and projected results under different leverage settings. | You can check whether your balance covers margin for a position during higher-volatility periods, then size trades so stops and targets sit at sensible pip values in MYT. |
| Market Analytics | The research hub that hosts Market insights and Trade ideas in one place for quick scanning. | You can keep a single tab open during MYT to review both ideas and news in one sweep before placing or managing orders. |
| Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
FBS Bonuses For Malaysian Traders
100% Deposit Bonus
FBS gives Malaysian traders a 100% deposit bonus that doubles their first funding, followed by an ongoing reward of up to 60% on later deposits over $100. It’s open to all non-EU clients, and the maximum that can be earned is $25,000.
The FBS 100% Deposit Bonus means you start with double the trading funds immediately. When you deposit $750, your balance increases to $1,500 straight away. After that, you can keep boosting your account with up to 60% extra on every deposit of $100 or more.
| Bonus Type | Details |
| First Deposit Bonus | 100% match on your initial funding |
| Ongoing Deposit Bonus | Up to 60% on every deposit above $100 |
| Bonus Limit | $25,000 total, shared across all accounts (can be reached more than once) |
| Eligible Clients | Non-EU traders, including Malaysians |
| Deposit Methods | 100+ global and local payment options |
How to Join
- Register and verify: Download the FBS app or go to the website, sign up, and complete verification.
- Deposit: Select your funding method, enter the amount, and confirm the payment.
- Get your 100% bonus: The matching funds land in your account automatically.
- Keep topping up: Receive up to 60% extra each time you deposit $100 or more.
A Note on the Cap
The total $25,000 bonus cap is not a once-off wall. You can reach it, withdraw, and build it again, since it’s shared across all of your accounts.
Example
Imagine you start with a $500 deposit. The 100% bonus doubles your balance to $1,000 right away. Later on, you top up with $200, and FBS applies up to 60% extra, lifting that $200 to $320 in tradable funds.
With each new deposit over $100, the bonus continues to add capital, giving you more flexibility as your account grows.
FBS Partnership Options For Malaysians
You have three ways to partner with FBS in Malaysia: IB (Introducing Broker), CPA Affiliate, and Multi-Level Partnership. Each path pays for different types of effort. FBS has a model that fits those who bring in active traders, mentor a local circle, or run performance marketing.
| Partnership option | Who it suits | Core reward | Notable features |
| IB (Introducing Broker) | Community builders and mentors who guide traders long term. | Up to 43% of spread per trade, paid daily. | Grade system that lifts your rate, rebate tools, local withdrawals, education support. |
| CPA Affiliate | Marketers who acquire new first-time depositors. | Up to $1,500 per qualified first deposit. | Tailored CPA offer, promo materials, personal manager, fast payouts. |
| Multi-Level Partnership | Partners who recruit and support sub-partners. | 20% on trades from sub-partners’ clients. | Start with one sub-partner, daily payouts, no fixed limit on network size, manager support. |
IB Programme
- You earn a percentage of the spread on each client trade, and FBS credits it to your Partner Area daily.
- You can lift your percentage through FBS’s Grade system, which recalculates monthly based on recent performance.
- You can offer rebates from your commission to reward Malaysian clients and improve retention.
- You can access FBS education and promo materials for local seminars, webinars, and online outreach.
CPA Affiliate
- You can earn up to $1,500 per first deposit from each new trader you refer to FBS.
- You submit an application, then FBS confirms a personalised CPA package with the payout levels and geo terms.
- You receive a personal manager to help optimise traffic sources and improve approval rates.
- You get ready-made banners, widgets, and tracking links to deploy across your channels.
- You receive payouts through supported methods, including options suitable for Malaysian partners.
Multi-Level Partnership
- You receive 20% commission on every trade made by the clients of your sub-partners.
- You can begin with a single sub-partner and scale from there without a preset cap on the number of partners.
- You get daily payouts and can manage funds directly in the FBS Partner Area.
- You receive access to materials and a personal manager to help attract, train, and support your sub-partners.
FBS Client Support Options
You can contact FBS by live chat, email, phone, social media, or through the affiliate desk if you’re a partner.
| Customer Support | FBS Customer Support |
| ⏰Operating Hours | 24/7 across all main channels. |
| 🔊Support Languages | English as default, with additional regional coverage via email and chat. |
| 👥Live Chat | Yes, on the website and in the FBS app. |
| ☎️Email Address | [email protected] |
| 🏆Telephonic Support | Call +357 25 313540 |
| 📍The overall quality of FBS Support | Reliable and responsive, with multiple points of contact available to Malaysians. |
Has FBS Won Awards In Malaysia?
No, FBS has not received Malaysia-specific awards. However, FBS has received several regional recognition across Asia, including:
| 🗓️ Year | 🏅 Award Title | 🌍 Event / Notes |
| 2025 | Best Forex Broker Asia | World Business Outlook |
| 2025 | Best Forex Customer Service Broker Asia | World Business Outlook |
| 2025 | Best IB Program Asia | International Business Magazine |
| 2025 | Best Mobile Trading App Asia | International Business Magazine |
| 2025 | Best Client-Centric Broker, Asia | Global Brands Magazine (Global Brand Awards) |
| 2025 | Excellence in Social Responsibility within the Forex Industry — Asia | CFI.co |
| 2024 | Best Trading Application Asia | World Business Outlook |
| Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
FBS Social Responsibility Projects
FBS maintains an active CSR presence in Asia, with long-term partnerships across Malaysia, Indonesia, and the wider region.
- Supported Project Warisan Holiday Camp for Indigenous families in Perak, Malaysia.
- Donated $10,000 to Peduli Anak Foundation in Indonesia during Ramadan.
- Partnered with SUKA Society to deliver Ramadan food aid and Hari Raya celebrations in Malaysia.
- Backed the Children’s Empowerment Programme in Nigeria through the SAAES Foundation.
FBS Final Thoughts
FBS gives you access to high leverage, a $5 entry point, and Islamic accounts, with many funding options through Malaysian banks and e-wallets. FBS’s spreads are competitive, and the mobile app is convenient.
The downside is that FBS doesn’t offer MYR-denominated accounts, charges withdrawal fees, and is not regulated by the Securities Commission Malaysia.
Overall, FBS is an ideal broker for beginner and experienced traders in Malaysia who want affordability and choice.
FBS Advantages And Drawbacks
| 🟢 Pros | 🔴 Cons |
| Regular bonuses such as a 100% first deposit match and up to 60% on later deposits | No local Malaysian office presence |
| Demo accounts that mirror live conditions for risk-free practice | Global customer service without Malay-language support |
| Access to over 550 instruments including stocks, indices, metals, and exotics | No ringgit-denominated trading account, so conversion fees apply |
| Execution speeds from 0.01 seconds with negative balance protection in place | No regulation from the Securities Commission Malaysia |
| High leverage up to 1:3000 available through the international entity | |
| Islamic swap-free accounts available on request | |
| Minimum deposit from only $5 giving you entry without a large upfront outlay | |
| Wide choice of local deposit and withdrawal methods including FPX, DuitNow QR, and top Malaysian banks |
FBS Review Detailed Summary
| Category | |
| 🌟 Company Name | FBS Markets Inc. |
| 📅 Year Founded | 2009 |
| 🏢 Head Office | Belize City, Belize |
| ☎️ Head Office Telephone | Not publicly listed |
| 👥 Active Traders Globally | Over 27 million traders |
| 🛡️ Is FBS Safe? | Yes, generally considered safe but not locally regulated in Malaysia |
| 🌍 Regulatory Bodies | IFSC (Belize), CySEC (Cyprus), ASIC (Australia) |
| 🌎 Accept MYR Clients | Yes |
| 🛡️ Negative Balance Protection | Yes |
| 💵 Account Types | Standard, Cent, Micro, Zero Spread, ECN/Unlimited |
| 🌍 Account Opening Languages | Multiple languages |
| ⏱️ Account Opening Time | Instant or within a few minutes after verification |
| 💰 Minimum Deposit | $5 |
| 🏦 Deposit Methods | Bank transfer, cards, e-wallets, local exchangers |
| 🌟 Islamic Account Available | Yes |
| 📊 Demo Account Available | Yes |
| 💼 Welcome Bonus | Yes (varies by region) |
| ⚡ Deposit Processing Time | Instant to a few hours depending on method |
| 💹 Leverage | Up to 1:3000 |
| 📊 Spreads | From 0.5 pips |
| 🔄 Swap-Free Accounts | Yes |
| ⚡ Scalping Allowed | Yes |
| 🛡️ Hedging Allowed | Yes |
| ⚙️ Trading Platforms | MetaTrader 4, MetaTrader 5, FBS Trader app |
| 🖥️ Desktop App | Yes |
| 📱 Mobile App | Yes |
| 🌍 Trading Products | Forex, indices, commodities, stocks, crypto (varies by region) |
| 🏦 Major Pairs Available | Yes |
| 🛠️ Technical Tools | MT4/MT5 standard tools |
| 📈 Charting Tools | MT4/MT5 charting tools |
| 📊 Advanced Indicators | Multiple built-in indicators (RSI, MACD, MA, etc.) |
| ⏳ Time Frames | M1–MN (MT4/MT5 standard) |
| 🌟 AutoChartist | Not confirmed |
| 📚 Learning Materials | Yes |
| 🛠️ Trading Tools | Yes |
| 📱 Social Media Platforms | Yes |
| Yes | |
| 📹 YouTube | Yes |
| Yes | |
| Yes | |
| 🪙 Deposit Fee | Yes |
| 🏦 Withdrawal Fee | Yes |
| 💸 Inactivity Fee | No deposit fees |
| 💵 Commission Fee | Usually none |
| 💳 Payment Methods | No inactivity fee |
| 🔄 STP (Straight Through Processing) | Spread-based; some ECN accounts have commission |
| 🌐 VPS Hosting | Cards, bank transfer, e-wallets, local exchangers |
| ⚙️ API Trading Support | Yes |
| 🖥️ Copy Trading | Not clearly stated |
| 📈 Forex Trading | Yes |
| 📉 Indices CFDs | Yes |
| 🛢️ Commodity CFDs | Yes |
| 📊 Stock CFDs | Yes |
| 🇲🇾 Malaysia-Specific Features | |
| 💵 Local Payment Methods | Yes — local exchangers and e-wallets available |
| 🏦 MYR Account Availability | No – MYR as account base currency generally |
| 💰 Low Minimum Deposit | Yes — $5 minimum deposit |
| 📞 Localized Customer Support | Yes — multilingual regional support |
| 🎁 Bonuses & Promotions | Yes — welcome and deposit bonuses |
| 📈 Market Access | Yes — full CFD and forex access |
| 🌟 Beginner Friendliness | Yes |
| 📚 Education Quality | Good |
| 💵 Deposit & Withdrawal | Easy and low-cost |
| 📊 Platform Quality | Good (MT4/MT5 standard) |
| 💬 Customer Service Quality | Good |
| 🌟 Trustworthiness | Moderate to high trust (safe but offshore for Malaysians) |
Supporting Sources For Our FBS Review For Malaysians
- FBS Website
- FBS VPS
- FBS Academy
- FPX / FPX Affin / FPX Alliance
- International Financial Services Commission (IFSC), Belize
- Securities Commission Malaysia (SCM)
- Bank Negara Malaysia (BNM) – Financial Consumer Alert List
- Project Warisan Holiday Camp
| Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
Frequently Asked Questions
What is the minimum deposit for FBS in Malaysia?
The deposit starts from $5, which you can fund in MYR through local banks.
How does FBS handle support during Malaysia’s public holidays?
Support operates 24/7 online, and you have access even on Malaysian holidays.
Is FBS available for traders in Malaysia?
Yes, Malaysians can open accounts through FBS’s international entity.
Can I open an FBS account with MYR as the base currency?
No, FBS does not offer a Malaysian ringgit account.
Does FBS have an office presence or representation in Malaysia?
No, FBS does not have a Malaysian office.
Will I pay currency conversion fees when depositing ringgit with FBS?
Yes, MYR deposits are converted into the account’s base currency.
Does FBS accept DuitNow or FPX payments from Malaysia?
Yes, DuitNow QR and FPX are both supported.
Does FBS charge commissions or fees visible to Malaysian traders?
No, trades are commission-free.
How long do FBS withdrawals to Malaysian banks take?
Withdrawals to local banks usually take 15–20 minutes, though it can extend to 48 hours.
Does FBS offer demo accounts for Malaysian residents?
Yes, you can open a demo with no deposit needed.
Which platforms does FBS provide for users in Malaysia?
FBS offers MT4, MT5, and the FBS Trader app.
Are there seasonal FBS promos or contests targeting Malaysian traders?
FBS bonuses are global, including the 100% deposit bonus and up to 60% on later deposits, but there are no Malaysia-exclusive promos.
What typical spreads does FBS offer to Malaysian users?
Spreads start from 0.7 pips, with averages like 0.9 on EUR/USD and 1.2 on GBP/USD.
How secure are my data and funds when I trade with FBS in Malaysia?
Client money is held in segregated accounts, negative balance protection applies, and data is encrypted.
What trading tools and analytics does FBS offer Malaysians?
You get VIP Analytics, economic calendars in Kuala Lumpur time, profit calculators in MYR, and trade ideas updated daily.
Which instruments can Malaysians trade on FBS?
You can trade forex majors, minors, and exotics, plus CFDs on stocks, metals, energies, indices, and crypto.
Does FBS offer Muslim-friendly swap-free (Islamic) accounts for Malaysians?
Yes, Islamic accounts are available and can be activated in the Trader Area.
Does negative-balance protection protect Malaysian traders at FBS?
Yes, negative balance protection is standard.
What is the leverage range FBS offers to Malaysian traders?
You can trade with leverage up to 1:3000.
Does FBS offer local-language customer support for Malaysians?
Support defaults to English, with regional coverage by email and chat.
Table of Contents
Table of Contents