CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
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FBS for South African traders

Trade Forex & CFDs with FBS in South Africa

FBS gives South African traders three account tiers, a $5 entry point on the Cent account, and MT4/MT5 access to 550+ forex and CFD markets.

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Min deposit From $5 (Cent account)  ·  Up to 1:3000 (FSC Belize entity)  ·  Rating 4.3/5

FBS runs three live account tiers for South African traders — Cent, Standard and Zero Spread — all reachable through MetaTrader 4, MetaTrader 5 or the FBS Trader app. Entry starts around $5 on the Cent account, the instrument list covers 550+ forex and CFD markets, and oversight depends on which FBS entity (CySEC, ASIC or FSC Belize) you register under.

From $5 (Cent account)Min deposit
Up to 1:3000 (FSC Belize entity)Max leverage
550+Instruments
2009Founded

Why traders choose FBS

FBS accounts at a glance

AccountPlatformSpread fromCommissionBest for
CentMT4 / MT51.0 pips$0Beginners trading in cents with a very small balance
StandardMT4 / MT50.7 pips$0Everyday traders wanting commission-free spreads
Zero SpreadMT50.0 pipsFrom ~$20 per lotScalpers who prefer tight spreads plus a commission

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Explore FBS

More: account types, minimum deposit, withdrawal.

FBS South Africa — quick verdict

Our take: FBS works best for South African traders starting small — the Cent account keeps risk low while you learn MT4 or MT5, and a swap-free option is available once verified. Regulation sits under CySEC (Cyprus), ASIC (Australia) and FSC Belize depending on the entity you register with, so check which one applies before funding an account. CFD trading remains high-risk regardless of broker; read independent feedback on Trustpilot before committing capital.

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Frequently asked questions

Can South African traders open an FBS account?
Yes — FBS onboards clients from South Africa across MT4, MT5 and the FBS Trader app, including a swap-free option for those who need it.
How much do I need to start trading at FBS?
The Cent account needs only about $5, which is why it's the usual starting point for smaller balances.
Which regulator oversees FBS?
It varies by entity: CySEC licence 331/17 covers the Cyprus arm, ASIC covers Australia, and FSC Belize covers the offshore entity most South African clients register with.