FBS Broker Review - Forex Trading in Australia | FxScouts

In the dynamic world of online forex trading, FBS stands out as a prominent broker, catering to a global clientele of over 27 million traders. With a strong presence in Australia, FBS offers tailored services and support to Australian traders, making it a popular choice for those seeking a secure and reliable trading experience. This comprehensive review delves into the key aspects of FBS' offerings, specifically geared towards Australian traders.

Regulation and Security

At the forefront of FBS' commitment to trader safety is its adherence to strict regulatory standards. It is authorized and regulated by the Australian Securities and Investments Commission (ASIC), a tier-1 financial regulator that oversees Australian financial markets and enforces consumer protection measures. This regulatory oversight ensures that FBS operates with transparency, accountability, and a strong focus on client protection. Australian traders can rest assured that their funds are secure and their trading activities are conducted within a fair and ethical framework.

Trading Platforms

FBS caters to the preferences of diverse traders by offering a variety of trading platforms:

  • MetaTrader 4 (MT4): A widely recognized platform known for its user-friendly interface, extensive charting tools, and automated trading capabilities.

  • MetaTrader 5 (MT5): The successor to MT4, offering advanced features such as improved charting, more sophisticated order types, and market depth information.

  • FBS Trader: A proprietary platform designed for beginners, providing a user-friendly interface and basic trading tools.

Australian traders can choose the platform that best suits their trading style and experience level.

Trading Instruments

FBS offers a comprehensive selection of trading instruments, catering to various trading strategies:

  • Forex: Over 70 forex pairs, encompassing major, minor, and exotic currencies.

  • Stocks: Over 100 stocks from global markets, including US, European, and Asian equities.

  • Indices: 15 major indices, such as the S&P 500 and FTSE 100.

  • Commodities: 10 commodities, including gold, silver, and oil.

This wide range of instruments allows Australian traders to diversify their portfolios and pursue various trading strategies.

Competitive Fees and Spreads

FBS maintains a transparent and competitive fee structure, with charges primarily associated with spreads and commissions:

  • Spreads: Spreads vary depending on the instrument and account type, starting from as low as 0.9 pips for Standard Accounts.

  • Commissions: Zero Account trades incur a commission of $30 per round trip.

Australian traders can find detailed information on fees and spreads on the FBS website.

Educational Resources and Customer Support

FBS empowers traders with a wealth of educational resources to enhance their trading knowledge and skills:

  • Forex Webinars: Regularly conducted webinars covering various trading topics, led by experienced market analysts.

  • Forex Articles: A comprehensive library of informative articles delving into various aspects of forex trading.

  • Forex Glossary: A valuable reference for traders, providing clear definitions of common forex terms and concepts.

FBS also prioritizes customer satisfaction, providing 24/7 multilingual support in over 20 languages, including dedicated support for Australian traders. Australian traders can reach FBS via phone, email, or live chat for prompt and personalized assistance in their local language.

Positive User Reviews

FBS has garnered a reputation for its commitment to customer satisfaction, reflected in numerous positive reviews from traders, including those in Australia. Australian traders particularly appreciate the broker's user-friendly platforms, competitive trading conditions, and responsive customer support.


FBS emerges as a secure, reliable, and reputable forex broker, consistently recognized for its commitment to client safety, competitive trading conditions, comprehensive educational resources, and exceptional customer support, tailored specifically for Australian traders. With its strong regulatory background, dedication to trader success, and localized support, FBS is an attractive choice for both novice and experienced Australian forex traders.


This review is for informational purposes only and should not be construed as financial advice. Before making any trading decisions, conduct your own research and consult with a financial advisor.