Skip to content
Chenab Review
63 brokers measured37 pricedmedian 7.0 USDformula v1.0Data captured 25.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 25.10.2026

Recalculated 2026-10-25 · Established 2009 · FBS Markets Inc

FBS — Pakistan

FBS is rated 3.92 out of 5 by our formula (Rank #8 of 36) for traders in Pakistan: round turn 6 USD, residents accepted — Through an offshore entity.

Suits you if the round turn is 6 USD against a 7 USD median here · you can open with 5 USD · a swap-free account is available

Look elsewhere if it holds no licence issued in Pakistan · you are onboarded by an offshore entity, not a local one

Key facts (8)

Who actually onboards you
FBS Markets Inc
Licence number
not stated
Established
2009
Min deposit, USD
5 USD
Platforms
MT4 · MT5 · FBS Trader app
Local funding
Local bank transfer, cards, e-wallets; exact PKR
Max leverage
3000geo
EURUSD
0.7 pipsgroup

Accounts (4)

4 of 4 shown

Click a column heading to sort. Figures are list terms, no promo codes.

Broker · accountMin deposit, USDSpreadCommissionCost per lotSwap-free
FBSCentno datano datano datano data—
FBSStandardno datano datano datano data—
FBSECN/ECOno datano datano datano data—
FBSZero Spreadno datano datano datano data—

This broker against the Pakistan middle (37 of 63)

FBSPakistan median
Round turn, USD6.0 USD7.0 USD
Min deposit, USD5 USD7.5 USD
Max leverage3000geo750.0geo
Withdrawal, h24 hours hgroup24.0 h
EURUSD, standard0.7 pipsgroup0.95 pips
EURUSD, raw0 pipsgroup0.0 pips
Established20092006.5
Platforms33

Accepts residents of Pakistan

Through an offshore entity

Score (6/6 axes)

3.92 of 5
reviews7025%
cost9520%
safety1020%
payouts8015%
track_record8510%
platforms5010%

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

FBS Markets Inc

Offshore entity

Pakistani clients onboarded via offshore FBS Markets Inc. (Belize).

What users rate it, and how many

Reviews
4.4/5, 1,317 reviewsgroup

4.4 out of 5

Round-turn cost next to the Pakistan median (37 of 63)

Round turn, USD
6.0 USD
Median
7.0 USD

raw+commission

Taking money off the account

Withdrawal, h
24 hours hgroup

What the account tiers cost

Cent, Standard, ECN/ECO, Zero Spread, Crypto.

Terminals and instruments (3)

MT4 · MT5 · FBS Trader app

FX pairs, metals, indices, energies, stocks, crypto CFDs.

Pros and cons

Pros (3)

  • Round turn 6.0 USD against a Pakistan median of 7.0
  • Swap-free account available
  • Withdrawal published at 24 hours h

Cons (1)

  • No local licence: the client is onboarded by a foreign entity

Tax on trading gains in Pakistan

Forex/derivatives trading profit for residents is generally taxed as income; where treated as capital gains on movable assets (other than exchange-traded securities) it is taxable at the individual's normal slab rates (as of the review), while listed-securities gains and foreign shares/funds carry specific rates (foreign shares/mutual funds ~15% flat per PwC). Residents taxed on worldwide income;

Where it does not serve

USA, EU countries, United Kingdom, Israel, Iran, Myanmar

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (2)

Checked: 2026-07-09

FAQ (5)

Does FBS accept residents of Pakistan?

Through an offshore entity.

Which entity onboards a Pakistan client of FBS?

FBS Markets Inc

What licence does FBS hold for Pakistan?

No licence number is published for this country.

What does one EURUSD lot cost at FBS?

6.0 USD per round turn against a Pakistan median of 7.0 USD, measured on 37 of 63 brokers.

How long does a withdrawal from FBS take?

24 hours hours as published. processes requests within 24 hours