Trade Forex & CFDs with FBS in Uganda
FBS gives Ugandan traders MT4 and MT5 access to 550+ forex and CFD instruments, a Cent account you can open with roughly $5, and same-day MTN Mobile Money funding — spreads start at 0.7 pips with leverage up to 1:3000 on the offshore entity.
Open FBS Account →FBS has run as an international forex and CFD broker since 2009, licensed by CySEC, ASIC and the FSC in Belize rather than by Uganda's own Capital Markets Authority. Ugandan traders sign up through those offshore entities and can fund via MTN Mobile Money, a card or a bank transfer, then trade on MT4, MT5 or the FBS Trader app starting from a Cent account that needs only about $5 to open.
Why traders choose FBS
- Very low entry: Cent account starts from about $5
- MetaTrader 4, MetaTrader 5 and the FBS mobile app all supported
- Swap-free (Islamic) accounts available for eligible traders
- 24/7 live-chat customer support
- 550+ CFD instruments across forex, metals, indices, shares and crypto
FBS accounts at a glance
| Account | Platform | Spread from | Commission | Best for |
|---|---|---|---|---|
| Cent | MT4 / MT5 | 1.0 pips | $0 | Beginners trading in cents with a very small balance |
| Standard | MT4 / MT5 | 0.7 pips | $0 | Everyday traders wanting commission-free spreads |
| Zero Spread | MT5 | 0.0 pips | From ~$20 per lot | Scalpers who prefer tight spreads plus a commission |
Explore FBS
More: spreads, leverage & margin, account types, demo account, gold trading.
FBS Uganda — quick verdict
Founded in 2009, FBS operates under CySEC, ASIC and FSC (Belize) licences rather than a Ugandan Capital Markets Authority (CMA) licence, so Ugandan clients sign up through one of those offshore entities. The main draw for traders here is the combination of a sub-$5 Cent account, MTN Mobile Money as a same-day funding rail, both MetaTrader platforms and swap-free account options — set against the reality that CFDs remain high-risk instruments where losses can exceed expectations. Independent reviews are worth checking on Trustpilot before you commit funds.
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