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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

FBK MARKETS

South Africa South Africa | 2-5 years |
ECN Account Questionable Regulatory License | White label MT4 | High Potential Risk

https://www.fbkmarkets.com/

Website

Rating Index

MT4/5 Verification

MT4/5

White Label

FBKMarkets-Live01

France
France
MT4
10

Influence

C

Influence Index NO.1

South Africa South Africa 5.63

MT4/5 Verification

MT4/5 Verification

White Label

10
Server Name
FBKMarkets-Live01MT4
Server LocationFranceFrance

Influence

Influence

C

Influence Index NO.1

South Africa South Africa 5.63
Surpassed 21.00% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 877029234
https://www.fbkmarkets.com/
400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
2-5 years
Questionable Regulatory License
White label MT4
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
South Africa
Operating Period
2-5 years
Company Name
FBK Markets SA (Pty) Ltd
Abbreviation
FBK MARKETS
Employees
--
Email
support@fbkmarkets.com
Contact Number
+27877029234
Address
400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685
Account Info
Related Personnel
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment
MT4/5
White Label MT4
White Label MT4
3
MT4 Servers
0
MT5 Servers
192.38
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4
Meta Trader 4
Perfect

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Official Website

Verified Site

  • fbkmarkets.com
    104.21.44.85
    Server Location
    --
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

FBK MarketsReview Summary
Founded2020
Registered Country/RegionSouth Africa
RegulationSuspicious FSCA License
Market InstrumentsIndices, Commodities, Bonds, Forex
Demo Account/
Leverage1:100 to 1:1000
SpreadAs low as 0
Trading PlatformMT4
Min DepositR20
Customer SupportEmail: support@fbkmarkets.com
Phone: +27877029234, +27870927813
Contact Form
Live Chat
Social Media: Twitter, WhatsApp, Instagram
Company Address: 400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685
Regional RestrictionUnited States

FBK Markets Information

FBK Markets is an unregulated broker incorporated in South Africa. It's a marketplace for forex trading. Traders on this platform get access to the MetaTrader 4 as well as market instruments including forex, indices, commodities, and bonds. With a low minimum deposit of R120 and low spreads, FBK Markets enables traders to access significant market positions even with a smaller initial investment. Though FBK Markets does not provide its service to US residents.

FBK Markets Information

Pros & Cons

ProsCons
Multiple Account TypesSuspicious Clone FSCA License
Flexible Leverage RateCommission Charged for Certain Accounts
Low Minimum Deposit RequirementsRegional Restriction
Multiple Contact Channels
MT4 available

Is FBK Markets Legit?

No. FBK Markets is not a regulated platform. Its FSCA license is suspected to be a fake clone.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Financial Sector Conduct AuthoritySuspicious CloneRCG MARKETS (PTY) LTDFinancial Service Corporate49769
Is FBK Markets Legit?
Is FBK Markets Legit?

What Can I Trade on FBK Markets?

This platform accerts to provide markets instruments includes indices, commodities, bonds, and forex.

Trading AssetAvailable
forex
Indices
bonds
commodities
metals
indices
energies
stocks /shares
cryptocurrencies
options
funds
ETFs
What Can I Trade on FBK Markets?

Account Types/Fees

FBK Markets offers a range of account types to cater to traders with different trading needs. The available account types include Standard, Zero Spread, Bonus 100, ECN, and Micro accounts, with different features such as spreads, commissions, and minimum deposit requirements. The base currencies available for all account types are ZAR, USD, and GBP.

Feature/Account TypeSTANDARDZERO SPREADBONUS 100ECNMICRO
Base CurrencyZAR, USD, GBPZAR, USD, GBPZAR, USD, GBPZAR, USD, GBPZAR, USD, GBP
SpreadAs Low as 0.5 Pip0As Low as 0.5 PipTight SpreadsAs Low as 0.5 Pip
Commission0$9 per Standard Lot0$4 per Standard Lot0
Minimum DepositR100R100R100R100R20
Leverage1:100 to 1:10001:100 to 1:10001:100 to 1:10001:100 to 1:10001:100 to 1:1000
Account Types/Fees

Leverage

FBK Markets provides flexible leverage options ranging from 1:100 to 1:1000, which allows traders to customize their risk exposure based on their trading strategy.

BalanceLeverage
$0 - $10001:1000
$1001 - $20001:500
$2001 - $50001:300
$5001 - $100001:200
$10001 - $ UNLIMITED1:100
Leverage

Trading Platform

Traders on FBK Markets get access to MetaTrader 4, which is available on multiple devices. MetaTrader 4 (MT4) is a popular electronic trading platform, mainly used for online forex trading. It's favored by retail traders for its intuitive interface, powerful charting tools, and automated trading features.

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced trader
MT4Desktop, Mobile, WebBeginner
Trading ViewDesktop, Mobile, Tablets, WebBeginner
Trading Platform

Deposit and Withdrawal

FBK Markets accepts a variety of ways to deposit and withdraw clients' money, including Ozow, Skrill, Mastercard, and Visa.

However, they still charge money for deposits and withdrawals. To be noted, they do not specify the exact cost amount on the website, but FBK Markets claims to reserve the right to impose deposit and withdrawal fees as well as limits in their system at any given time.

Deposit Options Min. Deposit Fees Processing Time
OzowR100/Instant
Mastercard and VisaR100/Instant
SkrillR100/Instant
Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • White label MT4
  • High Potential Risk

News

FBK Markets: Something You Need to Know

Exposure FBK Markets: Something You Need to Know

FBK Markets is an African-rooted broker. In this article, WikiFX will make a comprehensive review of FBK Markets.

Is FBK Markets Reliable?

Exposure Is FBK Markets Reliable?

In today's comprehensive review, WikiFX will delve into the details of FBK Markets, a relatively new Forex broker established in 2020.

WikiFX Reviews FBK Markets | Is It Safe?

News WikiFX Reviews FBK Markets | Is It Safe?

In today’s article, WikiFX will be taking you on an in-depth review of FBK Markets, which is a relatively new Forex broker within the industry that was established in 2020.

DJ COACH & FBK MARKETS – FOREX MASTERMIND OR FRAUD

News DJ COACH & FBK MARKETS – FOREX MASTERMIND OR FRAUD

Who is Dj Coach (Forex Broker Killer) and FBK markets? You may ask well this seems to be the question on everybody's lips

FBK Markets: An overall review after it's first year of service

News FBK Markets: An overall review after it's first year of service

In South Africa, we are no strangers to new brokers popping up in the market. In recent years we have had an explosion of new brokers and with that has come a new set of problems as we have had inexperienced brokers shut down due to their misconduct. Today we will be reviewing FBK Markets, one of the new brokers that joined the South African forex Industry. Can the broker be trusted or should you stay away from this broker?

Client Feedback: Unregulated Broker FBK Markets Claimed To Be Regulated Has Issues With Withdrawal

Exposure Client Feedback: Unregulated Broker FBK Markets Claimed To Be Regulated Has Issues With Withdrawal

A complete review about FBK Markets and how they handle their investors

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Wiki Q&A

Is it risky to trade with FBK MARKETS?

Trading with FBK MARKETS carries a high degree of risk due to its operational profile. Its claimed FSCA license is unverified, and it operates without oversight from a recognized financial authority, a status reflected in its overall WikiFX score of 2.10.

04-02
United States

What licenses does FBK MARKETS hold?

FBK MARKETS claims a single Derivatives Trading License (number 49769) from South Africa's Financial Sector Conduct Authority (FSCA). However, this license holds an 'Unverified' status in regulatory databases, meaning it operates without confirmed, active authorization from a mainstream financial regulator.

04-02
United States

Where is FBK MARKETS registered?

FBK MARKETS, whose full corporate name is FBK Markets SA (Pty) Ltd, is registered and operates from South Africa. The entity has been in operation for an estimated 2-5 years.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States
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