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FBS in Indonesia: Is it Available and Legit?

Mikhail Vnuchkov
Written by:
Mikhail Vnuchkov
Dr. BJ Johnson
Reviewed by:
Dr. BJ Johnson
Updated:
June 05, 2026
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FBS isn't available in US
FBS REVIEW

As of June 2026, FBS is available to traders and investors in Indonesia. This accessibility confirms the broker's authorization to operate within Indonesia and its compliance with the necessary regulatory requirements.

Essential details of FBS services in Indonesia

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

FBS is accessible to traders and investors in Indonesia. Key highlights include:

  • Indonesia residents can open an account with FBS
  • FBS has earned an overall rating of 6.26/10 points according to our methodology.
  • FBS received 9.2/10 points for regulation and safety.
  • For more detailed information, see our comprehensive FBS review.

Is FBS a regulated broker? Is it safe?

FBS is a regulated Forex broker operating under the supervision of the following regulatory authorities:

FBS regulation review
CySec CySec CySec regulates investment firms, brokers, and their transactions in securities and derivatives on the Cyprus Stock Exchange. It imposes strict operational conditions, regular audits, and financial compliance.
Full Name Cyprus Securities and Exchange Commission Country Cyprus Protection Fund Up to €20,000 Regulation level Tier-1
FSC (Belize) FSC (Belize) This body regulates the insurance and pensions industry, as well as the entire financial services sector, promoting financial inclusion and market integrity in Belize.
Full Name Financial Services Commission of Belize Country Belize Protection Fund No specific fund Regulation level Tier-3

Is FBS safe to use in Indonesia?

A broker’s security is largely defined by its regulatory status. FBS is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, FBS received a Regulation and safety score of 9.2/10, placing it among the most secure brokers.

Is Forex trading allowed in Indonesia? Is Forex taxable in Indonesia?

  • Licensing in Indonesia

    Brokerage activity in Indonesia is regulated by the Bank of Indonesia, the Commodity Futures Trading Regulatory Agency (Bappebti), and the Otoritas Jasa Keuangan (OJK). Financial companies are required to submit regular reports on their activities to the Bank of Indonesia.

  • Investor protection in Indonesia

    Investors in Indonesia are protected by local regulators that take all necessary measures to ensure transparency and security. If traders’ rights are violated, they can file claims with one of the authorities.

  • Taxation in Indonesia

    Traders in Indonesia must declare their income and pay taxes. Tax rates may vary depending on the type of trading activity and the trader’s tax status.

FBS vs other regulated brokers in Indonesia

To provide a clear understanding of available options for traders in Indonesia, Traders Union compared FBS trading conditions with those of other regulated brokers accepting clients in the region.

Regulation CySEC, FSC (Belize) FSC, FSCA, ASIC, FSA SVG CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya)
Minimum deposit $5 $50 $5
Currency pairs 74 34 57
Floating spread EUR/USD, min pips 0.7 0.6 0.7
Floating spread EUR/USD, max pips 1.3 0.8 1.2
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Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • In my experience, a hallmark of a reliable broker is the ease with which you can verify its operations in your country. Many top-tier brokers provide detailed FAQs or interactive maps on their websites, clearly outlining the regions they serve. If this information isn’t readily available, contact their customer support directly. A reputable broker will have knowledgeable support staff who can clarify its regulatory status and geographic reach.

Editors' Top Picks and Insights

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Team that worked on the article

Mikhail Vnuchkov
Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income.

Learn about our editorial policies
Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK.

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