FBS Review 2026
The full FBS write-up for Tanzania traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Tanzania
| Regulator | IFSC, International Financial Services Commission (IFSC) |
| Licence Number | 000102/6 |
| Regulated Entity | FBS Inc |
| Max Leverage (Forex) | 1:3000 |
| Minimum Deposit | $1 |
| EUR/USD Spread | From 0.7 pips |
| Instruments | 500+ |
| Platforms | MT4, MT5, FBS App |
| Copy Trading | ✓ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD5/month after 3 months |
Verdict
Cooks under IFSC (licence 000102/6). Cover charge $1. In Tanzania, forex leverage is capped at 1:3000.
About FBS
FBS opened its doors in 2009 out of a kitchen in Belize City, Belize. Its menu runs to 500 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by FBS Inc under IFSC.
In Tanzania, FBS serves as FBS Inc, cleared by IFSC under licence number 000102/6. Under IFSC house rules, Tanzania traders are poured no more than 1:3000 leverage on forex pairs.
Trading Platforms
Pros
- IFSC regulated, licence 000102/6
- 500+ instruments to trade
- Negative balance protection in Tanzania
- Platforms: MT4, MT5, FBS App
- Copy trading available
- Founded in 2009 (17 years operating)
Cons
- Inactivity fee: USD5/month after 3 months
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is FBS regulated?
Yes. FBS is authorised by IFSC, issued to the entity FBS Inc, an authorisation you can look up for yourself on the official IFSC public register.
What is the minimum deposit for FBS in Tanzania?
The cover charge is $1, the smallest amount Tanzania traders need to open a live account with FBS under IFSC rules.
What leverage does FBS offer in Tanzania?
In Tanzania, IFSC rules cap FBS at 1:3000 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is FBS safe to trade with?
The kitchen passes inspection: FBS cooks under IFSC. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
Reader Comments
Loading comments...