FBS — India
Key facts (8)
- Who actually onboards you
- FBS Markets Inc
- Licence number
- not stated
- Established
- 1995group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · FBS Trader app
- Local funding
- Cards, wire, e-wallets; UPI availability not ver
- Max leverage
- 3000geo
- EURUSD
- 0.7 pipsgroup
This broker against the India middle (52 of 91)
| FBS | India median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | 3000geo | 500.0geo |
| Withdrawal, h | within 24 hours hgroup | 48.0 h |
| EURUSD, standard | 0.7 pipsgroup | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 1995group | 2008.0 |
| Platforms | 3 | 3 |
Accepts residents of India
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
FBS Markets Inc
Offshore entity
Indian clients onboarded via offshore FBS Markets Inc. (Belize).
Public rating and its base
Looking at 2,584 reviews
Round turn against the local middle (52 of 91)
standard
Getting money out
From the entry account upwards
Cent, Standard, ECN/ECO, Zero Spread, Crypto.
Terminals, markets, instrument counts (3)
MT4 · MT5 · FBS Trader app
FX pairs, metals, indices, energies, stocks, crypto CFDs.
What works and what to watch
Pros (2)
- Swap-free account available
- Withdrawal published at within 24 hours h
Cons (4)
- Round turn 7.0 USD against a India median of 6.0
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
- Minimum deposit for this country not published
Profits, and what India takes
Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit
Where it does not serve
no data
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-09
- fbs.com domain
- rbi.org.in domain
- sebi.gov.in domain
FAQ (5)
Does FBS accept residents of India?
Through an offshore entity.
Which entity onboards a India client of FBS?
FBS Markets Inc
What licence does FBS hold for India?
No licence number is published for this country.
What does one EURUSD lot cost at FBS?
7.0 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.
How long does a withdrawal from FBS take?
within 24 hours hours as published. the broker processes requests within 24 hours