FBS
FBS is an ASIC-regulated retail forex and CFD broker operating in Australia as FBS Oceania, offering MetaTrader 5-based trading in forex, metals, indices, crypto, stocks and commodities across tiered Standard, Cent and Ultra accounts for retail traders.
- Company typePrivate
- Founded2009
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What FBS does
FBS is an ASIC-regulated online retail brokerage operating in Australia through Intelligent Financial Markets Pty Ltd under the business name FBS Oceania (AFS Licence 426359). The firm offers CFD trading across Forex, Metals, Indices, Cryptocurrencies, Stocks and Commodities, served via the MetaTrader 5 platform on web, desktop (Windows/macOS) and mobile (iOS/Android). Its product is structured around three live account tiers — Standard (spreads from 0.7 pip, no commission), Cent (from 0.6 pip, smaller lots for beginners) and Ultra (spreads from 0 pip with AUD 8.12 / USD 6 / EUR 5 per-lot commission) — plus Demo accounts funded with up to USD 1M virtual. Supporting products include an Economic Calendar, Trader's Calculator, Currency Converter, a tiered Forex Guidebook, webinars, and daily market analytics. Revenue is generated transactionally through bid/ask spreads, Ultra-account commissions, overnight swap fees, and deposit/withdrawal flows, with retail leverage capped at 1:30 under ASIC rules and Negative Balance Protection offered. Distribution is fully self-serve via the fbsaustralia.com website and MetaTrader 5 downloads, targeting retail traders across all experience levels within Australia. The firm is privately held with no disclosed VC backing, no parent company, and operates with 11-50 employees from its Sydney headquarters at Level 4, 350 George Street, with services explicitly not offered to residents of the USA, EU, UK, Japan and China.
FBS firmographics
Firmographics- Name
- FBS
- Legal name
- Intelligent Financial Markets Pty Ltd
- Website
- https://fbsaustralia.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FBS is an ASIC-regulated retail forex and CFD broker operating in Australia as FBS Oceania, offering MetaTrader 5-based trading in forex, metals, indices, crypto, stocks and commodities across tiered Standard, Cent and Ultra accounts for retail traders.
- Ownership category
- akta.pro rank
Where FBS is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
FBS business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Spreads: Revenue generated from the difference between bid and ask prices. Standard and Cent accounts earn revenue through spreads (floating from 0.6-0.7 pip) while Ultra account offers near-zero spreads with separate commission.
- Trading Commissions: Ultra account charges commission per lot (AUD 8.12/USD 6/EUR 5 per lot) for traders seeking ultra-competitive spreads from 0 pip.
- Overnight/Swap Fees: Interest differential charged or credited when positions are held overnight, based on the interest rate difference between traded currencies.
- Deposits and Withdrawals: Various payment systems including bank transfers for deposits and withdrawals with local payment systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Account - For more experienced traders with initial deposit of 50 units |
| Transaction based/ take rate | Pay-as-you-go | Cent Account - For beginners with smaller lot sizes |
| Transaction based/ take rate | Pay-as-you-go | Ultra Account - For traders seeking ultra-competitive spreads |
| Freemium | Pay-as-you-go | Demo Accounts - Practice accounts with virtual funds |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
FBS product offering
Product offeringCore offering
FBS (FBS Oceania) is an ASIC-regulated online retail broker that enables individual traders to trade Margin FX and CFDs on forex pairs, metals, indices, commodities, stocks, and cryptocurrencies via the MetaTrader 5 platform. Clients open live trading accounts (Standard, Cent, Ultra) or demo accounts online, access market execution with leverage up to 1:30, and are supported by educational content, market analytics, and 24/5 customer service.
Product overview
FBS is an ASIC-regulated online trading broker (operating as FBS Oceania via Intelligent Financial Markets Pty Ltd) offering CFD trading across forex, metals, indices, commodities, stocks, and cryptocurrencies. The core product is the MetaTrader 5 (MT5) platform, accessible via desktop, web, and mobile. FBS provides three live account types (Standard, Cent, Ultra) and demo accounts, differentiated by spread competitiveness and commission structures, alongside trader tools (economic calendar, calculator, currency converter) and a multi-level Forex Guidebook with webinars and market analytics. The offering is structured as a platform-plus-accounts model where MT5 serves as the unified trading interface for all account types and instruments.
Differentiator
Problem solved
Functional benefit
Products and services
- MetaTrader 5 (MT5) Trading Platform Professional trading platform available on web, desktop (Windows, macOS), and mobile (iOS, Android) that provides real-time quotes, charting tools, technical indicators, and automated trading (Expert Advisors) for retail traders executing trades in forex, metals, indices, commodities, stocks, and cryptocurrencies.
- Standard Account Commission-free live trading account for experienced retail traders, featuring floating spreads from 0.7 pip, leverage up to 1:30, market execution from 0.3 seconds, and support for up to 400 open positions and pending orders.
- Cent Account Commission-free live trading account for beginner retail traders, offering floating spreads from 0.6 pip, leverage up to 1:30, and small lot sizing (from 0.01 lots) to minimize risk exposure while learning.
- Ultra Account ECN-style live account for active retail traders, offering floating spreads from 0 pip with a per-lot commission of AUD 8.12/USD 6/EUR 5, leverage up to 1:30, and order volumes from 0.1 to 500 lots.
- Demo Accounts (Demo-Standard and Demo-Cent) Practice trading accounts funded with virtual money (up to $1 million) that allow prospective traders to test strategies and platform features in Demo-Standard and Demo-Cent variants without risking real capital.
- CFD Trading Instruments Suite of contract-for-difference instruments across multiple asset classes—forex (majors, minors, exotics), metals, indices, commodities, individual stocks, and cryptocurrencies—available for trading through FBS accounts on the MT5 platform.
Quantifiable outcome
- Customer support response time under 60 seconds per request
- +1 more outcomes
Companies that use FBS
Customer profileSegments3 records
Ideal customer profiles3 records
FBS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
FBS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MetaQuotes Software Corp.coreMetaTrader 5 platform provider. FBS offers MT5 as its primary trading platform, available on web, desktop (Windows, macOS), and mobile (iOS, Android). The platform provides trading execution, charting tools, technical indicators, and automated trading capabilities.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
FBS competitors and assessment
Company assessmentDirect peers
- OANDA: OANDA is a global forex-specialist broker with ASIC-regulated Australian operations offering MT4 plus its proprietary fxTrade platform. It is comparable to FBS as a long-established retail FX broker with strong educational content and similar product scope.
- XM Group: XM is a globally regulated multi-entity broker with ASIC-authorized operations offering MT4/MT5 trading on forex and CFDs. It has the same product shape (account tiers, demo accounts, education-led marketing) as FBS and competes directly for retail traders in Australia.
- IC Markets: IC Markets is an ASIC-regulated Australian broker specializing in ECN forex and CFDs via MT4/MT5/cTrader. It is highly comparable to FBS: same regulatory jurisdiction, similar low-spread/commission-based account architecture, and Australian retail-client focus.
- Axi (formerly AxiTrader): Axi is an Australian-origin ASIC-regulated forex and CFD broker that targets retail and professional traders using MT4. It directly competes with FBS Oceania on the same platform ecosystem, similar spreads, and same Australian client base.
- FP Markets: FP Markets is an ASIC-regulated Australian broker offering MT4/MT5 across forex, indices, commodities, and crypto CFDs. It competes head-on with FBS Oceania for Australian retail traders with very similar account types and pricing structures.
- Plus500: Plus500 is a globally regulated CFD-only broker listed on the LSE, offering a proprietary platform on indices, forex, commodities, shares, and crypto. It is comparable to FBS as a retail CFD provider serving self-directed traders with simple tiered pricing.
- CMC Markets: CMC Markets is an ASIC-regulated, LSE-listed CFD and forex broker offering its own Next Generation platform alongside MT4. It competes with FBS Oceania for Australian retail CFD traders across similar instruments and account structures.
- Pepperstone: Pepperstone is an ASIC-regulated Australian forex and CFD broker offering MT4/MT5 with multiple account types (Standard, Razor). It is a direct competitor to FBS Oceania in the retail FX/CFD market with the same regulatory standing, similar product mix, and overlapping Australian target customer.
- eToro: eToro is a globally regulated multi-asset broker offering CFDs on its proprietary social-copy-trading platform (with ASIC authorization for Australia). It is comparable as an end-customer-facing retail CFD broker targeting beginners and self-directed investors.
- IG Markets: IG is a major global multi-asset broker (listed on LSE) offering forex and CFDs on its proprietary platform plus MT4 in Australia under ASIC regulation. It is a direct peer for the same Australian retail CFD/FX demand and competes on platform breadth and brand trust.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
FBS social profiles
Digital presenceFBS financial estimates
Financial estimateRevenue estimate
Valuation estimate
FBS leadership team
Management profileNumber of profiles
FBS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FBS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FBS
What does FBS do?
FBS (FBS Oceania) is an ASIC-regulated online retail broker that enables individual traders to trade Margin FX and CFDs on forex pairs, metals, indices, commodities, stocks, and cryptocurrencies via the MetaTrader 5 platform. Clients open live trading accounts (Standard, Cent, Ultra) or demo accounts online, access market execution with leverage up to 1:30, and are supported by educational content, market analytics, and 24/5 customer service.
Is FBS a public or private company?
FBS is a private company. It is classified as unknown and is currently operating.
When was FBS founded?
FBS was founded in 2009. It employs 11 to 50 people.
Where is FBS based?
FBS is headquartered in Sydney, Australia, in the Oceania region.
How does FBS make money?
Four revenue lines are on record. Spreads are the primary driver. The others are trading Commissions, overnight/Swap Fees and deposits and Withdrawals.
Who are FBS's main competitors?
Direct peers on record are OANDA, XM Group, IC Markets, Axi (formerly AxiTrader), FP Markets, Plus500, CMC Markets, Pepperstone, eToro and IG Markets.
Does FBS have an API?
No public API is recorded for FBS.