64 brokers measured in Australiabroker data checked 11.10.2026
FBS logoFBSIntelligent Financial Markets Pty Ltd

FBS in Australia — review, licence and costs

Written and checked by the Southerly editorial team · how we score ·  score recalculated 01.10.2026
yesAccepts residents of AustraliaOpened by FBS (Australia) Pty Ltd, register checked 11.10.2026

Score (6 of 6 axes scored)

4.382.0–5.0

ranked against full-basis brokers

  • Reviews25%70
  • Round-turn cost20%95
  • Safety20%100
  • Payouts15%80
  • Track record10%85
  • Platforms10%25

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.793 = 4.38 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Intelligent Financial Markets Pty Ltd
Founded
2009
Retail leverage
30AU
Round turn
6 USDAU
Currencies
AUD, USD, EUR
Swap-free account
—

Licence check

ASIC AFSL
Active on registerchecked 11.10.2026https://fbsaustralia.com/en/about
Open an account with FBS

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the FBS website
FBS's own site, captured for this review (07.10.2026)

Who actually onboards you

Entity that onboards Australia residents
Intelligent Financial Markets Pty Ltd
Local standing
ASIC regulated
Licence as the register states it
ASIC AFSL
Leverage for this entity
Up to 1:30
The firm behind it
Global CFD broker since 2009
What we hold against it
Multiple-license broker

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Australian residents enters the score.

The entity that onboards youIntelligent Financial Markets Pty LtdLocal or offshore not stated in the source · ASIC licence —
1:30AU
Australia median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youASIC regulated
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Australia market median(priced from 73 of 76)

Round turn, 1 lot EURUSD, spread plus commission, USD
FBS, raw spread plus commission6
Australia median, all 73 priced6
Australia median, the 62 priced on the raw spread plus commission6

Medians run over the 73 of 76 brokers that publish a price for Australia, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Standard, Cent, Ultra. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Cost calculator (median of 73 priced of 76)

FBS, per month120.00 USD
Australia median, per month120.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a AUD conversion because the exchange rate is not part of our data.

Where FBS sits in the Australia base(76 brokers)

Round-turn cost, USD (73 of 76 priced)

9<5
575-10
310-15
315-20
120-25
025-30
030+

Median 6 USD · range 1.5-20 · this broker 6 USD · 3 of 76 brokers do not publish it

Minimum deposit, USD (7 of 76 priced)

4<20
020-40
040-60
060-80
380+

Median 15 USD · range 0-100 · 69 of 76 brokers do not publish it

Retail leverage (42 of 76 with a Australia figure)

31<1000
61000-2000
32000-3000
03000-4000
24000+

Median 1:115 · range 30-5000 · this broker 1:30 · 34 of 76 brokers do not publish it

Withdrawal time published (76 brokers)

6of 64
Published, hours6not published38FBS is one of the 6

Deposit and withdrawal methods (1 methods · 0 local rails)

Deposits and withdrawals

    Account currency
    AUD, USD, EUR
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(4 countries)

    Democratic People's Republic of KoreaIslamic Republic of IranRepublic of the Union of MyanmarUnrecognized states and territories

    From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

    Platforms and markets(2 platforms)

    • MT5
    ClassCountMin spreadLeverage
    MT5—0.530AU
    All instruments550+—30AU

    Reviews(1 platform · 25% of the score)

    4.4/ 5
    Trustpilot rating
    5, 1,317
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20264.45, 1,317

    Share of reviewers in Australia: — The platform does not publish it.

    Pros and cons(3 for and 1 against, each tied to a figure on this page)

    For
    • Authorised by the Australia regulator in its own register
    • Withdrawal in 24 h, one of 74 of 76 brokers here that publish a time
    • Safety 100 of 100, its strongest of 6 scored axes
    Against
    • Platforms 25 of 100, its weakest of 6 scored axes

    Alternatives in Australia(5 of 76 scored in Australia)

    4.54
    AvaTrade
    Locally licensed
    Round turn, USD
    8AU
    Min deposit, USD
    100AU
    Rank in this country
    #3
    4.55
    Global Prime
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    0AU
    Leverage
    500AU
    Rank in this country
    #5
    4.4
    Axi
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    0AU
    Leverage
    30AU
    Rank in this country
    #7
    4.17
    Eightcap
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    100 groupAU
    Leverage
    30AU
    Rank in this country
    #13
    4.61
    IC Markets
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    200 groupAU
    Leverage
    30AU
    Rank in this country
    #2

    "group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

    Methodology(6 axes · formula v1.0)

    Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Australia score. Full methodology

    AxisWeightWhat is measuredFBS
    Reviews25%Rating, volume and recency on one public review platform70
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median95
    Safety20%Local authorisation, the entity that onboards you, any regulator warning100
    Payouts15%Published withdrawal time, fees and the methods available in the country80
    Track record10%Years since the firm was founded, from its own filings85
    Platforms10%Which trading platforms the broker confirms for this country25

    FAQ

    Does FBS accept residents of Australia?
    Yes. ASIC regulated Onboarding entity: Intelligent Financial Markets Pty Ltd
    Is FBS licensed to serve clients in Australia?
    ASIC AFSL Checked on 11.10.2026.
    How much does one round turn cost at FBS?
    About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for Australia is 6.0 USD.
    What leverage does FBS offer to retail clients in Australia?
    Up to 1:30. leverageGeo: Up to 1:30
    Which trading platforms does FBS support?
    MT5. Instruments: 124 CFD instruments
    How can I withdraw money from FBS in Australia?
    Deposits and withdrawals
    What account types does FBS offer?
    Standard, Cent, Ultra

    Taxes for an Australian resident(1 rule)

    • Forex/CFD trading gains are not subject to a special standalone tax regime in the cited sources;https://fbsaustralia.com/en/about

    Not tax advice. Check with the ATO.

    Verified · Sources