FBK Markets Review

FBK Review

 

FBK Markets is a South African-owned financial broker fully regulated by the Financial Sector Conduct Authority (FSCA). FBK Markets’ ultra-fast execution speeds and ultra-low spreads starting from 0.0 pips make it a competitive choice for active traders.

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

BrokerFBK Markets
RegulationFSCA
Base CurrenciesZAR
USD
GBP
SpreadsFrom 0.0 pips
(Zero Spread)
LeverageUp to 1:1000
Currency Pairs6
Minimum Deposit100 ZAR
Fees
Commissions
Spreads from 0.0 pips,
commission fees from
$4
Open an AccountOpen Account

 

Overview

FBK Markets, founded in 2020, is a proudly 🇿🇦 South African-owned brokerage serving over 200,000 clients. Industry experts consistently recognize the platform for fairness, reliability, and trust. Traders globally value its secure environment and commitment to providing a transparent, high-quality trading experience.

 

Frequently Asked Questions

 

Is FBK Markets a trustworthy broker for beginners?

Yes, FBK Markets emphasizes transparency and fairness, making it suitable for beginners. Its reliable customer support and secure trading environment allow new traders to learn and trade confidently while accessing the tools and guidance needed for informed decision-making.

 

What makes FBK Markets stand out from other brokers?

FBK Markets is known for honesty, stability, and exceptional service. With a focus on client trust and security, the broker provides a reliable trading experience. Its reputation has been confirmed by financial publications and trader feedback worldwide.

 

Our Insights

FBK Markets delivers a high-quality trading experience with fairness and transparency at its core. Traders benefit from a secure platform, reliable customer support, and strong public trust. Overall, it is a dependable choice for both novice and experienced traders seeking a credible broker.

 

Overview

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Fees, Spreads, and Commissions

FBK Markets provides traders with competitive spreads and transparent commission structures. Observers note that the broker balances low trading costs with reliability, ensuring both new and experienced traders can manage risks effectively while accessing high-quality trading conditions across multiple account types.

 

Account TypeSpreadCommissionMax Lot Size
STANDARDAs Low as 0.5 Pip0100 Lots
ZERO SPREAD0$9 per Standard Lot100 Lots
BONUS 100As Low as 0.5 Pip0100 Lots
ECNTight Spreads$4 per Std Lot100 Lots
MICROAs Low as 0.5 Pip0100 Lots

 

Frequently Asked Questions

 

How competitive are FBK Markets’ spreads?

Spreads are highly competitive, with standard, bonus, and micro accounts offering as low as 0.5 pips, while the zero-spread account provides zero pips. ECN accounts maintain tight spreads with modest commissions, allowing traders to optimize costs for active or scalping strategies.

 

Are there commissions on FBK Markets accounts?

Commission depends on the account type. Standard, bonus, and micro accounts charge zero commissions. Zero-spread accounts charge $9 per standard lot, and ECN accounts charge $4 per standard lot, giving traders clear cost expectations when planning trades.

 

Our Insights

FBK Markets delivers transparent fees and low spreads. Traders benefit from predictable trading costs, reliable execution, and competitive pricing, making the broker suitable for both beginners and experienced traders seeking value and consistency.

 

Fees, Spreads, and Commissions

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Minimum Deposit and Account Types

FBK Markets offers multiple account types with flexible minimum deposits and base currencies. Analysts highlight its accessibility for traders with varying capital, allowing individuals to start trading from as little as R20, while enjoying full leverage, expert advisor access, and negative balance protection.

 

Account TypeOpen an AccountMinimum DepositBase CurrencyLeverage
STANDARDOpen AccountR100ZAR
USD
GBP
$0-$1000 1:1000;
$1001-$2000 1:500
ZERO SPREADOpen AccountR100ZAR
USD
GBP
$0-$1000 1:1000;
$1001-$2000 1:500
BONUS 100Open AccountR100ZAR
USD
GBP
$0-$1000 1:1000;
$1001-$2000 1:500
ECNOpen AccountR100ZAR
USD
GBP
$0-$1000 1:1000;
$1001-$2000 1:500
MICROOpen AccountR20ZAR
USD
GBP
$0-$1000 1:1000;
$1001-$2000 1:500

 

Frequently Asked Questions

 

What is the minimum deposit for FBK Markets accounts?

Minimum deposits range from R20 for MICRO accounts to R100 for standard, zero-spread, bonus, and ECN accounts. This flexibility enables traders of all experience levels to start trading with manageable capital.

 

Which base currencies are supported by FBK Markets?

All accounts support ZAR, USD, and GBP. This flexibility helps traders avoid currency conversion costs and ensures smooth funding and withdrawals for local and international clients.

 

Our Insights

FBK Markets provides accessible account types with low minimum deposits, multiple base currencies, and full leverage options. Traders of all levels can start safely, enjoy risk management features, and access scalable trading conditions.

 

Minimum Deposit and Account Types

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

How to Open a FBK Markets Account

The account registration process with FBK Markets is simple and secure, ensuring that your personal information remains protected throughout. Follow these easy steps to create your account:

 

1. Step 1: Complete the Online Application

Start by filling out the online application with your full name, date of birth, contact details, and financial background.

 

2. Step 2: Agree to Information Sharing for Verification

Agree to share your personal information with third-party organizations for verification purposes, helping ensure your identity is properly verified.

 

3. Step 3: Submit Required Documents

Provide proof of identity (passport or ID), proof of address (utility bill), and proof of bank account (bank statement) as part of the verification process.

 

4. Step 4: Undergo the Appropriateness Assessment

FBK Markets will assess whether you have the necessary trading experience and financial standing to engage in trading activities.

 

5. Step 5: Await Approval or Request for Additional Information

After the assessment, FBK Markets will approve or reject your application. If needed, you may be asked for additional details.

 

6. Step 6: Start Trading

Once approved, you can start trading on the platform with full access to the services offered by FBK Markets.

 

The registration process ensures that only legitimate and qualified clients are allowed to trade, maintaining a secure and trustworthy environment for everyone.

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Regulation and Key Features

FBK Markets SA (Pty) Ltd is proudly 🇿🇦 South African and operates as a Juristic Representative of RocketX (Pty) Ltd. The broker is licensed and regulated by the Financial Sector Conduct Authority (FSCA), providing traders with a secure and legally compliant trading environment supported by transparency and accountability.

 

FeatureDetails
Regulatory Body🇿🇦 FSCA
Representative EntityRocketX (Pty) Ltd,
FSP No. 52142
Minimum DepositR100 ZAR
Account Types5
Support Availability24/7

 

Frequently Asked Questions

 

Is FBK Markets a regulated broker?

Yes, FBK Markets operates under the 🇿🇦 Financial Sector Conduct Authority (FSCA) through its partnership with RocketX (Pty) Ltd. This regulation ensures client protection, operational transparency, and compliance with South African financial laws, strengthening trust and accountability.

 

What client benefits come with FBK Markets’ regulation?

Clients enjoy the assurance of trading with a licensed financial services provider. This regulation, paired with features such as same-day withdrawals, 24/7 support, and reliable verification, creates a trustworthy and efficient trading environment for all users.

 

Our Insights

FBK Markets demonstrates a strong commitment to transparency and security under 🇿🇦 FSCA regulation. Traders benefit from strict compliance, fast withdrawals, and reliable customer assistance. This combination makes it a dependable option for both local and global clients seeking a regulated broker.

 

Regulation and Key Features

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Trading Platforms and Tools

FBK Markets empowers traders with access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are available on desktop, web, and mobile devices, ensuring flexibility and convenience. Each provides advanced charting, indicators, automated trading via Expert Advisors, and negative balance protection for enhanced safety.

 

FeaturePlatforms OfferedDevices SupportedTools Included
Trading PlatformsMetaTrader 4
MetaTrader 5
Desktop
Web
iOS
Android
Indicators
Charting
News
Expert AdvisorsYesAll platforms supportedAutomated trading
available
Negative Balance ProtectionYesBuilt-in risk featureEnhanced trader safety
ResourcesVideos
Calculators
Market Updates
Accessible across devicesLearning and analysis
support

 

Frequently Asked Questions

 

Which trading platforms does FBK Markets support?

FBK Markets offers both MetaTrader 4 and MetaTrader 5. These platforms are available on desktop, iOS, Android, and web, providing versatile access. Traders benefit from fast execution, stability, and support for automated trading strategies.

 

What trading tools are included with FBK Markets platforms?

Both MT4 and MT5 come with charting features, built-in indicators, market news, margin calculators, and Expert Advisor support. These tools help traders conduct in-depth analysis, manage risks, and optimize strategies while trading on desktop or mobile devices.

 

Our Insights

FBK Markets provides a strong combination of MT4 and MT5, offering reliable execution, advanced features, and automation. While other brokers may offer more proprietary tools, this dual-platform approach delivers trusted solutions that suit both beginner and advanced traders.

 

Trading Platforms and Tools

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Trading Instruments and Markets

FBK Markets offers a range of instruments, including Forex pairs, CFDs on indices, commodities, metals, and bonds. With over 60 currency pairs and popular CFDs, the broker provides diversification opportunities. However, its offering of stocks and cryptocurrencies appears more limited compared to some larger competitors.

 

Instrument TypeAvailabilityExample InstrumentsNotes
Forex Pairs60-plus supportedEUR/USD
GBP/USD
Core offering
Indices CFDsYesS&P 500
Nasdaq
Useful for diversification
CommoditiesYesGold
Silver
Basic commodities
included
BondsYesGovernment
Bonds CFDs
Less prominently
advertised

 

Frequently Asked Questions

 

Which asset classes can I trade with FBK Markets?

Traders can access Forex pairs, indices, commodities such as gold and silver, metals, and bond CFDs. These instruments allow traders to diversify strategies while focusing on popular and liquid markets.

 

How many Forex pairs does FBK Markets support, and what about CFDs?

FBK Markets offers more than 60 Forex pairs, ranging from majors to minors. In addition, the broker provides CFDs on indices, commodities, metals, and bonds, giving traders moderate but useful exposure to multiple asset classes.

 

Our Insights

FBK Markets presents a balanced range of instruments that covers Forex, commodities, indices, and bonds. While its range is not the largest in the market, the selection is sufficient for most trading needs and aligns well with the broker’s account structures.

 

Trading Instruments and Markets

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Deposits and Withdrawals

FBK Markets offers traders flexible deposit and withdrawal methods, including Ozow, Skrill, Visa, and Mastercard. Each option provides instant deposits starting from R100, making funding accounts quick and simple. Withdrawals are processed via EFT within 48 working hours, subject to verification and compliance checks.

 

MethodMinimum DepositDeposit SpeedWithdrawal Time
OzowR100 ZARInstantUp to 48 hours
SkrillR100 ZARInstantUp to 48 hours
Visa/MastercardR100 ZARInstantUp to 48 hours

 

Frequently Asked Questions

 

How fast are FBK Markets deposits?

FBK Markets deposits are processed instantly across all supported methods, including Ozow, Skrill, Visa, and Mastercard. Traders can start with a minimum deposit of R100, ensuring quick and secure account funding without delays. However, deposits are only allocated once the funds reflect in the broker’s account.

 

How long do FBK Markets withdrawals take?

Withdrawal requests are processed within 48 working hours via Electronic Funds Transfer. Traders must ensure that their FICA documents are up to date and that bank details match the registered account holder. Errors or duplicate requests can delay processing, and fraudulent activity may lead to account deactivation.

 

Our Insights

FBK Markets provides convenient and instant deposit methods with a low minimum requirement of R100. Withdrawals are handled securely through EFT, although they can take up to 48 working hours. Overall, the broker balances accessibility with strict compliance measures to ensure safe transactions for its clients.

 

Deposits and Withdrawals

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Forex Partner Program

FBK Markets offers a Forex Partner Program where referral partners earn commissions by introducing clients to the broker. Becoming an Introducing Broker is simple: complete the referral form, select an account type, and gain access to the Partners Area to manage referral links and rewards.

 

Program TypeRequirementsAccount OptionsAccess Granted
Referral ProgramComplete online formStandard or Zero SpreadPartners Area for referral links

 

Frequently Asked Questions

 

How can I join the FBK Markets Partner Program?

To join, complete the referral submission form, choose between a standard or zero spread account, and wait for your IB account to be created. After approval, you will receive login credentials for the Partners Area to manage referral links and clients.

 

What is the Partners Area in FBK Markets?

The Partners Area is a dedicated platform where Introducing Brokers manage referral activities. It allows them to create referral links, track client registrations, and monitor commission earnings. Access is granted after your IB account is approved and activated by FBK Markets.

 

Our Insights

FBK Markets provides a straightforward Partner Program for individuals who want to earn through client referrals. With quick registration, access to the Partners Area, and the ability to manage referral links, the program delivers an accessible way to generate income as an Introducing Broker.

 

Forex Partner Program

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Customer Support

FBK Markets provides multiple channels for clients and potential traders to reach their support team. Whether you have questions, need assistance with account issues, or want to provide feedback, their team is available through email, phone, WhatsApp, or at their physical office in Midrand, South Africa.

 

Frequently Asked Questions

 

What is the best way to contact FBK Markets support?

FBK Markets can be contacted via email at [email protected], through WhatsApp at +27 69 267 0041, or by phone at +27 87 702 9234 and +27 87 092 7813. The support team is responsive and ready to assist with account and trading inquiries.

 

Where is FBK Markets’ office located?

FBK Markets’ physical office is located at 400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685, South Africa. Clients can visit during office hours or use remote contact options for convenience.

 

Customer Support 

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Customer Reviews and Trust Scores

FBK Markets has garnered mixed reviews from its users. While some traders report positive experiences, others highlight issues with withdrawals and customer support.

 

RatingCountReview Highlights
⭐⭐⭐⭐⭐1Great platform, easy to use.
⭐⭐⭐⭐0Good service, but needs improvement.
⭐⭐⭐1Decent, but had some issues.
⭐⭐0Not satisfied with the service.
3Faced withdrawal problems, no support.

 

Potential clients need to conduct thorough research and consider these reviews before engaging with the platform.

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Discussions and Forums about FBK Markets

Online forums and discussions reveal a community of traders sharing their experiences with FBK Markets. While some discuss strategies and tips, others express concerns about the broker’s services.

 

PlatformDiscussion Topics
RedditHas anyone used FBK Markets?
Forex ForumFBK Markets review and experiences.
Trading BlogAnalyzing FBK Markets' offerings.

 

Engaging with these platforms can provide valuable insights into the broker’s reputation and services.

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Employee Overview: Working for FBK Markets

Information about working at FBK Markets is limited. However, reviews from similar companies suggest that employee experiences can vary widely.

 

CompanyEmployee Sentiment
FBKLimited information available.
Competitor AMixed reviews, some positive, some negative.
Competitor BGenerally positive feedback.

 

Prospective employees should seek direct feedback from current or former staff to gauge the work environment accurately.

 

★★★
Minimum Deposit: $5
Regulated by: FSCA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Low minimum deposit (R20 for Micro account)No customer support in all languages
24/7 customer support availabilityNo Islamic account options
Transparent fee structureLimited educational resources
Strong FSCA regulationNo negative balance protection
No commissions on Standard accountsLimited instrument offering (only 22 instruments)

 

References:

 

 

In Conclusion

FBK Markets is a South African-based forex broker that provides its local offices and customer support directly from South Africa. While the company serves traders internationally, its confirmed physical presence and dedicated client support operations are located only in South Africa.

 

  • 🇿🇦 South Africa

 

Currently, there is no verified evidence of FBK Markets maintaining local offices or in-country customer support outside South Africa.

Faq

Yes, FBK Markets has a 100% Deposit Bonus account, where traders can get a bonus equal to their deposit, subject to restrictions and limitations.

Deposits can be made via OZOW, Skrill, Mastercard, and Visa, with a minimum deposit of R100 for each option.

Yes, FBK Markets offers customer service throughout office hours Monday through Sunday and 24/7 from 8 am to 4 pm.

While there are no fees currently listed for deposits or withdrawals, FBK Markets can charge deposit and withdrawal fees, according to the client agreement.

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