Fbs review
FBS review: virtual private server (VPS) commissions are only charged on the ‘zero spread’ and ECN accounts.
Free forex bonuses
Only the standard and cent accounts are available to european clients. The maximum leverage is 1:30 due to ESMA regulations.
FBS review
FBS is a regulated brokerage offering online trading on a limited amount of forex and cfds via the MT4/MT5 trading platforms. They also provide a range of trading tools, market analysis and educational materials.
FBS review, pros & cons
- Only $1 is required to commence live trading
- Copytrade which is a social trading platform
- Multiple account types to suit every trader
- No service to clients from USA, UK, japan, israel, canada and other countries
- Limited tradable assets; less than 90
- Very high spreads on cent accounts
- Limited trading platforms & tools
In this detailed FBS review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
FBS is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including FBS.
FBS review: summary
FBS is a global online forex and CFD broker that has been in operation for over a decade and has become very popular amongst online traders. FBS inc. Began operations in 2009 and has grown in strength, size and capital. Today, the broker has offices and partners from all parts of the world. The website is translated in over 17 languages.
The broker claims that every day, thousands of new online trading accounts are opened. These accounts belong to both traders and new partners. FBS boasts of millions of clients from over 190 countries across the world.
FBS provides access for traders to buy and sell over 75 trading instruments. The platforms available are the popular MT4 and MT5 trading platforms. The broker uses ECN and STP brokerage model which means that they do not trade against the trader or take the opposite position as a market maker broker would. The brand offers spreads starting from 0 pips along with ECN technology for pricing and executions.
Over the years, FBS has won industry standard awards for its online brokerage services. These awards are in different areas such as trader education, trading accounts and copy trading. Additionally, FBS has won the overall ‘best broker award’ in various jurisdictions.
FBS review: online broker awards
FBS review: regulation
The european arm of the brokerage (www.Fbs.Eu) is owned and operated by ‘tradestone ltd’ which is a financial investment services firm based in cyprus. Tradestone ltd is regulated by the cyprus security and exchange commission (cysec). The registration number is 331/17.
The global website (www.Fbs.Com) is operated by FBS markets inc. Which is regulated by the international financial services commission (IFSC) in belize. The license number is IFSC/60/230/TS/18.
The european clients are given some form of insurance by the investors’ compensation fund (ICF). If for any reason the broker becomes bankrupt, the ICF can compensate traders up to a maximum amount of €20,000.
All clients are fully verified using the ‘proof of id’ and ‘proof of address’ method. The broker also adheres to the anti money laundering (AML) policy.
Industry standard secured socket layer (SSL) has been implemented across all platforms and websites. This is to deter hackers and cyber criminals.
FBS review: countries
FBS does not allow clients from the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran. Some FBS broker features and products mentioned within this FBS review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.
FBS review: trading platforms
MT4 & MT5
These are the metatrader platforms made available to FBS clients. These two platforms are the products of metaquotes software corporation which is a firm specialised in developing trading softwares. They came up with the MT4 in 2005 and later in 2010; they developed its updated version known as the MT5. Basically, the two platforms look alike in appearance and have very similar features. The only difference is that the MT5, being the newer version, has more features and even expanded the features already existing in the MT4. Both platforms are available as desktop applications for windows and MAC computers. They are also available as webtrader and as mobile apps. The webtrader version can be accessed from the FBS website on a web browser. It requires no downloads or installations. The MT4 and MT5 apps can be downloaded from the android and ios app stores. The apps are easy to use and have most of the features of the desktop application.
Here are a few of the features of the metatrader platforms:
- Customisable interface, windows, lists and overall appearance.
- The market watch and charts display the live ‘bid and ask’ price of every instrument.
- Three chart styles which includes bar chart, candlestick and line charts.
- MT4 has 9 timeframes while the MT5 has 21 timeframes.
- MT4 has 30 inbuilt indicators while the MT5 has 38.
- Supports the automation of strategies using expert advisors (eas).
- Access the metatrader market where you can buy trading tools like signals, indicators, eas, etc.
FBS review: trading platforms
MT4 multiterminal
This is the version of the MT4 trading platform designed for account managers. The MT4 multiterminal is capable of managing different trader accounts from a single manager account. The manager can place trades in multiple accounts with a single click.
FBS trader
This is the mobile trading platform from FBS for trading on the go. The app is designed for ios and android devices and can be downloaded from their respective app stores. It has a simple interface and is user friendly. It integrates with the metatrader platforms and can also be used to fund and withdraw from trading accounts. With the app, live quotes, charts and statistics can be accessed. Trade positions can easily be entered, modified or closed from the app.
FBS copytrade platform
FBS copytrade is a social trading platform where investors replicate the trades of other expert traders who wish to share their strategies. The investor can copy traders whilst the expert trader receives a commission. The copytrade platform ranks the expert traders according to their success. Investors can then profile their statistics and make a choice. The minimum investment amount is $100. Copytrade is only available via its mobile app which is developed for ios and android devices. With the app, you can customise your favourite traders, start and stop copying a trader in one click and also chat with the support team. It should be noted that past performance is by no means any guarantee of future performance.
FBS review: copytrade app
FBS review: trading tools
FBS personal area mobile app
This is an android app designed by FBS in order to access the FBS personal area. With this app, you can create both demo and real accounts and manage all of them. From the app, you can manage your personal profile, fund and withdraw from your trading accounts and also view the accounts history. Account verification can be done from the app. Customer support is also accessible from the app.
FBS review: personal area mobile app
Virtual private server (VPS)
A virtual private server (VPS) can run your trading platform remotely 24/7 offering reduced latency, consistent internet connection and overall reliability. Traders who use complicated trading systems and automated trading systems (eas) often insist on using VPS to solve the problem of fast connection round the clock. With a VPS, you do not need to keep the trading platform running on your computer as it runs remotely. FBS allows clients to set up a free VPS server. However, the client must be an active trader with a minimum balance of $450.
FBS review: virtual private server (VPS)
Economic calendar
This is an important tool for fundamental analysis. This calendar is on the FBS markets website and on the MT5 trading platform. It shows the date and time at which an event is to take place. These events are most likely to have an impact on the forex/CFD market. Analysts’ forecasts and history of past releases are shown on the calendar. The calendar can be searched using filters on the right hand side.
FBS review: economic calendar
Currency converter
This is used to convert one currency to another using the prevailing exchange rates. This is useful for traders who have a different currency from that of the trading instrument. It is also useful for traders whose account currency is different from their local currency.
Trader’s calculator
This is a very useful tool used to calculate estimated potential profits from a trade. You are to choose the account type, trading instrument, currency, leverage and prices. The trader’s calculator gives you the estimated profit for the trade based on your inputs.
FBS review: trader’s calculator
Forex news
The news is updated every business day. It is grouped under the asset classes of commodities, currencies, stocks and economy.
Daily market analysis
This analysis is presented by FBS analysts. This section of the website looks at selected trading instruments and uses technical and fundamental analyses to make predictions. Trading ideas are given to traders to either buy or sell. Sometimes even ‘take profit’ and ‘stop loss’ prices are given. There is no guarantee on the quality of the analysis offered due to the unpredictable nature of trading.
Forex TV
This is made up of videos on daily and weekly market insights. There are also videos on daily trading plans and video recordings of past webinars.
FBS review: education
Forex guidebook is the ultimate introduction to the world of forex trading. It is arranged in order for beginners, elementary, intermediate and experienced traders. The guide consists of articles, pictures and clear illustrations.
A library of the recommended forex books is listed on the website. This is to encourage beginners to buy some of these books and read. Most of the books can be bought from amazon and the link to buy is provided. There are over 100 books to choose from.
Webinars and seminars are announced from time to time. Webinars are more frequent as it comes up almost every week. Seminars are periodically held in different cities.
Also, there are video lessons on metatrader, FBS services and general forex trading.
FBS review: trading instruments
FBS offer 28 forex pairs which includes the major and the minor currency pairs. Also there are 9 exotic pairs, 5 metal assets, 3 cfds and 33 US stocks.
FBS review: trading accounts & fees
The following online broker account types are available:
- Cent account: this minimum opening balance is $1 and the floating spread starts from 1 pip. The trading fee is incorporated into the spread. The maximum leverage is 1:1000. For european clients, the opening balance is €10 and the spread is 1:30.
- Micro account: the amount required to open this account is $5. The spread is fixed and it starts from 3 pips. The maximum leverage is 1: 3000.
- Standard account: this is the entry level account for a trader. The minimum account opening balance is $100. The variable spread starts from 0.5 pips and the maximum leverage is 1:3000. For european clients, the opening balance is €100 and the maximum spread is 1:30.
- Zero spread account: the opening balance is $500 and the spread is fixed at 0 pips. Commissions are charged at $20 per lot. The maximum leverage is 1:3000.
- ECN account: this is the premium account offered by FBS. The floating spread starts from 1 pip and a commission of $6 is charged. The maximum leverage is 1:500 and the minimum opening balance is $1000.
FBS review: account types
Commissions are only charged on the ‘zero spread’ and ECN accounts. Only the standard and cent accounts are available to european clients. The maximum leverage is 1:30 due to ESMA regulations.
Demo accounts are available for all account types. Islamic accounts are available on request. Islamic accounts do not incur rollover charges.
As broker fees can vary and change, there may be additional fees that are not listed in this FBS review. It is imperative to ensure that you check and understand all of the latest information on the official FBS website before opening a brokerage account.
FBS review: customer service
FBS proudly asserts that its customer support desk is always available 24/7. The support team is multilingual and can be reached via phone, email, fax and ‘call back’ form. The call back form is used to schedule a call from the support team at your convenience.
For instant chats, they can be reached on web chat, viber, facebook messenger and telegram. On social media, they are on facebook, instagram, twitter and youtube.
FBS review: deposit & withdrawal
FBS offers multiple payment options. The broker only accepts online payments and card payments. Withdrawal requests are processed within 48 hours. All clients must be verified before withdrawal requests are approved. Here are the account payment options:
- Credit/debit cards: the acceptable cards are visa and mastercard. The deposits are processed instantly. No commissions are charged because FBS covers the charges.
- Electronic payments: the electronic payments accepted are perfect money, skrill, neteller and sticpay. FBS covers most of the commissions except for sticpay which is charged 2.5% + $0.3.
- Bitwallet: this is allowed only in JPY. No commissions are charged and the payments are instantly processed.
- Local exchangers: FBS allows for local exchanges in several jurisdictions. This is achieved because of the numerous partnerships across the globe.
FBS review: payment options
Accounts can be opened in EUR, USD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
FBS review: account opening
To register for a new account, click on ‘open account’ found on the topmost right hand side of the website. Fill your email address and name in the form that displays.
FBS review: online broker account form
Then, click on ‘register as trader’. If you already have a facebook or google account, you can simply click on the icons to allow FBS to receive your profile information from these websites.
You are issued a temporary password but advised to change it. Choose a new password and click ‘change’. An email confirmation is sent to the entered email address. Confirm your email address by clicking on a link in the email. You will be directed to the FBS website and personal area where you can create more accounts, make a deposit and commence trading.
FBS review: conclusion
FBS is an established online trading broker that has been built with a desire to accommodate all levels of traders as well as trading styles. It is a regulated brand that has implemented all the necessary security procedures that are standard in the online brokerage industry.
The beginner is fully supported with unlimited demo accounts and a selection of comprehensive training resources. With as little as $1, live trading can commence on the provided platforms. Spreads start from 0 pips and with ECN technology, trades are executed in seconds with minimal slippage.
The FBS copytrade, analytics and trading tools are also commendable. They have won multiple awards and serve millions of traders across the globe. Despite that, there are other online brokers who offer much more trading instruments and more favourable fees overall.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.76.2% of retail accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Min $1 deposit
FBS is a regulated brokerage offering online trading on a limited amount of forex & cfds via the MT4/MT5 trading platforms. They also provide a range of trading tools, market analysis & educational materials.
FBS REVIEW - IS FBS A GOOD FOREX BROKER?
BRKV - FBS is rising as one of the best forex brokers for the asian regions in 2019, especially in thailand and indonesia. So, today I will give an FBS review for new traders who are still struggling to find themselves a suitable forex broker. FBS was founded in 2009. They allow traders to trade up to 35 currency pairs, 4 precious metals, 2 CFD, and cryptocurrencies.
When finding the best brokers, we need to have standards to rate them. These standards are the fundamentals that any brokers who want to become the best should meet. Those are:
Trustworthy | trading costs | trading conditions | local services |
regulations | low spread | good quotes | payment system |
historical activities | low commission | trading platforms | local offices |
low slippages | availability | ||
good rebate / bonus | |||
low swap |
Now, let’s have an FBS review based on the standards mentioned above. Also, I will compare some aspects of this broker to the top brokers such as exness or XM.
Credibility of FBS review
When it comes to credibility, of course I’m talking about regulations. The first and foremost factor used to judge a broker is their regulations. Regulations are the licenses that trusted financial organizations give to a broker to manage that broker. Regulation is the thing that makes sure a broker has to follow a certain set of rules to guarantee traders’ safety. Only big forex brokers can meet the demands of those regulations. FBS is regulated by cysec and IFSC , two of the most trusted regulations. So you can rest assured that you are in safe hands.
Speaking of regulations, there is one thing I think I need forex traders to understand. Some new traders tend to think that the broker who has more regulations is better than those who have less. This is actually a wrong idea. Having many regulations doesn’t mean that broker is better in term of trading. There are two scenarios here. If your country already has a regulation, you should work with broker who has that regulation. You won’t need any other regulations from elsewhere. Your own country’s regulation is enough. FBS has IFSC, a south african regulation, so traders in south africa can be safe when trading with FBS. On the other hand, if your country does not have a regulation, like most asian countries, you should trade with brokers who have at least one trusted regulation, FBS in this case is cysec. Too many regulations will only put more limits on the broker. Regulation is just a signal that lets us know that this broker is decent, reliable, and safe to trade with. A broker only need one trusted regulation.
Trading costs of FBS review
Spread of FBS review
Most traders would love to do business with a low-spread broker. Spread is the difference between the ask price and the bid price of a currency pair. The spread of FBS is only from 0.2 to 1.1 pip which is in the top low spread brokers . And it's spreads are much lower than XM, FXTM, FXCM. CHECK FBS SPREAD -> HERE.
Commission of FBS review
Some brokers charge commissions for income, so does FBS. Based on the type of account, FBS has different commission rates. For the cent and standard accounts, there is no commission. CHECK FBS COMMISSION RATE -> HERE.
Bonuses of FBS review
FBS offers many types of bonuses like deposit bonus, welcome bonus, or loyalty program. They have a bonus with the highest rate ever, up to $100. Their deposit bonus gives back trader 100% of the deposit amount. Also, there is the cashback program, which rebate you $7 for every lot traded. Right now, they are having the $50 bonus. You just need to sign up and $50 will be transferred to your account immediately. CHECK FBS BONUSES -> HERE.
Trading conditions of FBS review
Account types of FBS review
BRKV - FBS offers traders 4 different types of account, which are the regular accounts (cent account, standard account, and fixed spread account) and the ECN account. Each account type has its own features that are suitable for different types of traders.
Cent account: this is the account for beginners or new traders. Why so? The required deposit is only $1. When you first start trading, you don’t want to put too much money in it because 90% of new brokers lose everything when they begin trading. With only $10, I think you can practice trading in real-life conditions for up to 3 months. The spread is relatively low, only around 1 pip. The order volume is from down to 0.01 lot cent up to 1000 lots. The lower the better because that way you won’t lose too much money. And even better, this type of account does not charge any commission, so you can trade as much as you want without costing a penny.
CHECK FBS CENT ACCOUNT NOW.
Standard account: traders with a bit more experience will trade with this account. The minimum deposit is average, at about $100. The spread is better, only around 0.5 pip. The leverage is up to 1:3000, which is pretty high. Higher leverage is better. XM’s standard account leverage is only 1:888. The order volume is from 0.01 to 500 lots. And just like cent account, this account is commission free, which is amazing.
Fixed spread account: it is also called zero spread account. You can tell it by the name. This type of account has no spread. Instead, it charges traders $20 for commission. This is understandable because spread is main income of brokers. If the spread is zero, the broker must charge commission. The minimum deposit for this acco unt is $500. The other features are the same as standard account like the leverage and the order volume.
ECN account: this is the account for experts and long-term traders. The minimum deposit required is $1000, which is pretty high, but the commission are much lower than other brokers ($6). Actually, this commission rate is just as low as that of exness and XM, which is $5 and $6 respectively.
CHECK FBS ECN ACCOUNT NOW.
Payment system of FBS review
I’m sure that some US or UK brokers are very good in their country, but overseas, they are relatively bad, especially in asian countries like thailand or indonesia. In asia, if traders deposit by their credit cards, their banks will charge them from 1.7 to 4% of their total fund. Having a profit rate at 5% monthly is hard enough and now they have to pay 4% just for depositing? I don’t think so. That’s why it is not wise for thai traders to trade with those US and UK brokers. Therefore, choosing brokers who can offer local payment systems is very important. FBS is great in this field. They offer depositing and withdrawing through almost all local banks and e-wallets in asian countries. Furthermore, what makes FBS really wonderful is their transferring speed. They only come second to exness , the fastest in the market. Transactions at FBS only take from half to an hour to complete through banks, while other brokers can waste you hours or even days.
Customer support of FBS review
Customer care is vital in this forex field, because forex is a very complicated subject. Traders are constantly need as much help and support from brokers as possible. That’s why how a broker assist its clients is a standard to evaluate it. FBS supporting team is fantastic in my opinion. They can support clients in english 24/7 on live chat. You can even tell them to call you back. That can show how dedicated they are to customers. For non-english speakers, they have offices in indonesia, malaysia, egypt, thailand, china, korea and myanmar that are always ready to help customers 5 days a week.
Fanara filippo
Hey, I’m fanara filippo. I’m the founder of this site. I'm currently living in bangkok, thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Let’s review brokers today.
South asian airlines are about to launch blockhain payment
South asian airlines are about to launch blockhain payment
FBS reviews
164 • average
Write a review
Write a review
Reviews 164
I invested with diultimate -coin last…
I invested with diultimate -coin last week now I’ve gotten my income in my wallet
WORST platform ever seen
WORST platform ever seen. Each deposit (20,30 40) we have we have to withdraw separately like withdraw 20,30 and 40 like that. And each withdraw they charge 1.2$.Once you withdrew your all deposited amount we cant withdraw to out debit card. We have to with draw to online app like SKRILL or NETTELLAR. Worst guys ever seen, ok if you ready to withdaw to e-wallet NETTELLAR will charge 2% and FBS will charge 1.2$. I really fedup with FBS . I NEVER RECOMMEND this platform.
In order for the FBS futures brokerage…
In order for the FBS futures brokerage service from abroad to continue operating officially in indonesia and avoid blocking websites and applications by the investment alert task force in indonesia or "satuan tugas waspada investasi" (indonesian), FBS needs to register an official license with bappebti and OJK to be officially registered by the republican financial supervisory agency, indonesia, and must cooperate with "PT. Telekomunikasi indonesia (persero) tbk" or "telkom indonesia" from jakarta, indonesia, so they can carry out forex trading activities easily and smoothly, so the name of the forex company FBS from telkom is "PT. Teledana indonesia berjangka" or real name is "FBS forex indonesia"
I'm with FBS from 2013/2014
I'm with FBS from 2013/2014. I can say best about it.
Earlier mean before 2018 whenever I got any problem with it their customer agent were solving it like it's their own problem.
But now .
Withdrawal : I have done withdrawal of money from 5 days. Still I haven't got my money. I did another withdrawal request it's been 9 hours but it's still in pending where FBS says it takes only 15-20 min for withdrawal. So it's waste.
Customer service : it's worst than ever. Their people like roman answering like they are robot. Every time I feel like I'm talking with an robot. Same answers for some issues. They don't understand that every issue is different. So I mailed them but still no response it's been several hours. And main thing.. Every agent will give you different different solutions which isn't helpful. For an example if you'll come to live chat 3 times for answer of 2 multiply by 2. Then you'll get 3 different answers. Which is big trouble for me.
Mostly i trade gold ,,recently FBS has…
Mostly i trade gold ,,recently FBS has increased the spread on gold in a crazy way, today i saw it reached 80 pips so what i have done i removed my FBS MT4 platform from my desktop ..Good luck
Good trading platform but some minor issues
Excellent. I made my first withdrawal from my trading account last week and got it today. The only issue is that their FBS laptop MT5 server is slow. I can't login up till now. I am using my ipad terminal. I prefer the laptop terminal because it helps me trade with algo because I don't have time trading on my own. I don't think I will prefer another option like the FBS copy trading. I personally prefer algo trading than FBS copy trading. Leverage is adjustable from 1:100 to 1:3000. The choice is yours. Thanks FBS but they should please work on the laptop FBS MT5 server. It is really giving me a second thought. I have complained about it to the customer service and they were very responsive in attending to customers. I am still experiencing difficulty logging into the FBS laptop MT5 server. I will keep readers updated.
This is a scam website, please do not involve.
I feel pissed off with this copy trade website due to their scamming scheme. Below is my experience:
1. On saturday 26th december 2020 I topped up my account with 3.875,96 USD
2. I started copying some traders in the CT platform. I checked that they only trade with currencies, not cryptos. So in the weekend, the trades should be closed or pending. But when I started copying, the account immediately started with minus profit.
3. Realizing abnormalities, I stopped all investment with loss of 125$ right within the weekend and contacted support center. Below is their email response:
"
dear nguyen quoc huy!
Thank you for contacting us!
Let us remind you that the market is closed during weekends which means that there are no prices and consequently trader is not trading.
However, you still can start copying. And in this case the system automatically calculates investor’s pnl according to the last price available on friday.
And at the moment of order opening the spread is deducted just as usual. But since there’s no further quotes the pnl freezes till the market opening on monday.
On monday the trading continues and pnl will update.
Please, feel free to contact us if you have any further questions.
We wish you lucky trading!"
So you can see their scamming scheme, I stopped all in the weekend that mean no loss to them at all, but I still got - profit. They do not show current pnl status of traders neither providing current positions of traders, we just see the statistics which is beautiful . They can make up any trader with nice statistic and attract you to join before draining down your capital with a sudden loss from nowhere.
Be smart when investing. Contact me if you need full conversation with them. Don't trust their advertisement.
FBS review and tutorial 2021
FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.
Trade on nearly 50 leveraged forex pairs.
FBS is an online broker that offers financial market trading in forex and cfds. Our review in 2021 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading.
History & headlines
FBS is a global broker founded in 2009. In the EU, FBS is operated by tradestone ltd and regulated by the cyprus securities and exchange commission (cysec). The global branch is run by FBS markets inc and regulated by the international financial services commission of belize (IFSC).
FBS has a head office location in cyprus and claims to have over 15 million active traders across more than 190 countries, from malaysia and indonesia to south africa, pakistan and the EU.
Trading platforms
FBS uses a non-dealing desk (NDD) system with STP for rapid order execution. After registration and login clients have a choice of two platforms to access the markets.
Metatrader 4
MT4 is a market-leading platform that FBS clients can download for PC. The trading platform includes a range of features:
- One-click execution and copy-trading
- Expert advisors (EA) service and apis
- Wide range of technical indicators and charting tools
- Support for clients using a virtual private server (VPS)
FBS metatrader 4
The global branch of FBS also offers MT4 multiterminal, which allows clients to operate multiple accounts simultaneously.
Metatrader 5
This broker recently added MT5 integration to its portfolio. This platform is a recent update to MT4 with greater versatility that offers the following:
- Hedging & netting
- Market depth view
- More technical indicators
- More order types and timeframes
FBS metatrader 5
MT4 and MT5 are also both available without a download via any browser through the webtrader solution. This service works across all operating systems and has all the features of the original software.
Markets
Clients can access a wide range of assets for trading:
- Forex – 28 standard pairs plus 16 exotics
- Metals – four precious metals
- Energies – WTI and brent crude oil
- Stocks (global only) – 40 company shares
- Indices – four indices including the NASDAQ
Unfortunately trading on the FTSE100 is not offered and neither is cryptocurrencies, such as bitcoin.
Trading fees
Spreads offered by FBS vary by account type and region. For EURUSD, the global firm offers a spread of 3.0 pips on its micro account, 1.1 on its standard and cent accounts and zero pip spreads on its zero and ECN accounts. In the EU the same spread is 0.7 pips with both the standard and cent accounts. Our review was pleased to see competitive spreads with the zero and ECN accounts.
The global branch charges a fixed rate commission of $20 per lot on the zero spread account and $6 on the ECN account. It also charges $3 for stock trades and $25 for CFD trading.
FBS charges overnight rollover fees (swap-free is available) and a cancellation fee of €5 for transactions that have taken advantage of price latency. Accounts dormant for 180 days are charged a €5 monthly fee.
FBS leverage
The maximum leverage available depends on account type and branch. In the EU the broker provides leverage up to 1:30 on standard and cent account types. Globally it offers up to 1:1000 on the cent account, 1:500 on the ECN account, and 1:3000 on other account types.
FBS has a margin call of 40% and lower, whereafter it is entitled to close a client’s position.
Mobile apps
FBS trader app
The owner and CEO have ensured that FBS trader is a free and fully-featured trading app. It can be downloaded to android (APK) devices from google play. Outside the EU it’s also available on ios. The broker’s downloadable app offers forex and top instruments for trading, alongside real-time stats and easy management.
FBS mobile app
MT4 & MT5 apps
Both metatrader platforms are also available as mobile apps from the app store and google play. The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go.
FBS metatrader mobile trading
Payments
The minimum deposit at the online forex broker is different for each account type and trading region. The EU firm requires an initial deposit of €10 on the cent account and €100 on the standard. The global branch offers minimum deposits of $1, $5, $100, $500, and $1000 for the cent, micro, standard, zero spread, and ECN accounts respectively. Our review was pleased to see the low minimum deposit offering.
Several deposit and withdrawal methods are available including wire transfer (EU only), visa, and electronic payment systems, such as skrill and neteller. Deposits are instant for all methods bar wire transfer and withdrawals take up to 48 hours. Commission fees apply to withdrawals at the global FBS firm and identifying documents may be requested.
Demo account review
FBS offers demo versions of the cent and standard accounts in the EU. MT4 and MT5 integration are available and a range of instruments are offered to practice trading with zero deposit requirement. Once comfortable with the broker’s services, you can then sign up for a live account.
Trading bonuses
FBS has a wide selection of promotions and bonuses advertised on its global website. For example, the broker offers a trade $100 bonus with no deposit necessary. The broker credits clients with $100 and if the client has 30 active trading days with 5 lots traded, the bonus can be withdrawn. FBS also offers a 100% deposit bonus, which doubles the deposit available for trading, and many contests.
Licensing
FBS is a legitimate broker with regulations from respected authorities. The company that owns the EU branch of FBS is regulated by the cyprus securities and exchange commission (cysec). The global branch is regulated by the international financial services commission of belize (IFSC).
In the EU, the broker also offers negative balance protection to retail clients. Overall, we’re happy FBS is not a scam.
Note, traders from the USA cannot register for an account, though clients from most other countries are accepted, including canada, india and nigeria.
Additional features
The FBS website has an analysis section with resources including forex-related news, market updates, and a forex TV feature that displays informational videos, weekly insights, and trading plans. This broker also provides an economic calendar and forex calculators alongside extensive educational materials such as live webinars and tutorials.
FBS economic calendar
Copy trading
The copytrade solution from FBS lets beginners replicate the success of top traders with secure, flexible trading tools. Clients can use the user-friendly mobile app to compare traders, allocate funds and create a unique trading portfolio.
Trading accounts
New clients have the option of several live account types. In the EU, the broker offers the standard and cent accounts. The global branch additionally offers the micro, zero spread, and ECN account. Order volumes are the same across account types. The ECN account has no trading limits and market execution is by ECN, unlike the other accounts which use STP. In general, the more you can deposit the higher the account tier and the more competitive the trading requirements.
When opening an account, you’ll need to submit documents to verify your name, address and the country you’re registering from.
Pros and cons
Benefits
Advantages of trading with FBS include:
- MT4 and MT5 integration
- Ultra-low minimum deposits
- Competitive zero-pip spreads
- Range of promotions & deposit bonuses
Drawbacks
Bad areas flagged in our review include:
- Fewer account and trading options in the EU
- Commissions payable on many trade types at the global firm
Trading hours
The FBS broker website is available at all times. Opening hours for each asset depends on the market and timezone, but forex runs 24 hours a day on weekdays. The broker also provides a virtual private server (VPS) service, which allows the client to keep their trading platform on a virtual machine 24/7.
Customer support
Customer support is available in english, spanish, portuguese, french, german and italian:
- Email – info@fbs.Eu
- Live chat – logo in bottom right
- Contact number – +357 25313540
- Address – vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus
Global
Contact options including live chat, callback, and whatsapp are available on the global website.
Trader safety
FBS ensure client personal information and privacy is safeguarded. Transactional information is also protected using transport layer security (TLS). The metatrader platforms also offer dual-factor authentication at the login stage for added security.
FBS verdict
FBS is an international forex broker that offers low minimum deposits and a variety of trading accounts with MT4 and MT5 integration, alongside the FBS trader app. Spreads are competitive, and both novice and advanced traders will feel at home with this broker.
Accepted countries
FBS accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.
Traders can not use FBS from united states, japan, canada, myanmar, brazil, israel, iran.
Where is FBS regulated?
This broker is regulated in the EU by the cyprus securities and exchange commission (cysec) and elsewhere by the international financial services commission of belize (IFSC).
Is FBS a good broker?
FBS is a legitimate broker and not a scam. It is licensed by respected financial authorities and has positive online reviews.
Does FBS offer any bonuses?
The global branch of FBS offers 100% deposit bonuses and promotions where no deposit is required. This broker also offers trader contests and a VPS service.
What is the minimum deposit at FBS?
Clients can open an account with $1 at the global branch and $10 in the EU. The greater the initial deposit, the tighter the spreads and more advanced the trading tools.
What platforms does FBS offer?
FBS has both MT4 and MT5 platforms, which are available on any browser and as mobile apps. This broker also offers FBS trader, an in-house mobile application.
Does the FBS broker have trading on nas100?
Yes, clients can trade on the NASDAQ and three other major indices, including the S&P 500, dax30, and dow jones.
FBS review
Overview
The company FBS was founded in 2009 and today it’s among the most popular brokers of the world. The company has managed to become the favorite currency trading solution for many traders around the globe.
Details
broker | FBS |
---|---|
website URL | www.Fbs.Com |
founded | 2009 |
headquarters | russia, st. Petersburg, ul. Professor popov, 37 |
support number | 8-800-555-444-2 |
support types | chat, phone, call back, email |
languages | english, japanese, turkish, portuguese, korean, german, etc. |
Trading platform | metatrader 4, metatrader 5, webtrader |
minimum 1st deposit | $1 |
bonus | bonus for the first deposit 100% |
leverage | 1:3000 |
spread | from 0 points |
free demo account | open demo |
regulated | |
regulation | IFSC (№/60/230/TS/17), cysec (№331/17) |
account types | standard, cents, micro, unlimited, zero spread, ECN |
deposit methods | credit/debit cards, bank transfer, skrill, cashu, OKPAY, RBK money, QIWI, FBS master card, neteller, yandex.Money, ru, webmoney, etc. |
Withdrawal methods | credit/debit cards, bank transfer, RBK money, QIWI, FBS master card, neteller, yandex.Money, webmoney, etc. |
Number of assets | 40+ |
types of assets | currency, metals, CFD, crypto-currency (bitcoin, ethereum, litecoin, dash) |
account currency | USD, EUR |
US traders allowed | |
mobile trading | |
overall score | 9.0/10 |
Full review
Certainly, as their potential customer, you’d like to learn whether this company’s another fraudster or a serious company, full of impressive features, and which provides a functional trading platform and ensures fast withdrawal of earnings. Your curiosity will be satisfied below.
The FBS brand, which is well-known all over the world today, actually belongs to the organization FBS markets inc., founded in 2009 by combining several successful dealing centers. The broker’s mission can be defined as follows: the creation and implementation of high-quality services in order to maximize the needs of investors. In 2016, more than 2 million traders joined the company. Since that time the number of clients on the platform has drastically grown and the company is still booming. Undoubtedly, in many respects, this speaks to people’s trust in the organization. Today FBS is represented in more than 190 countries around the world. It successfully cooperates with a wide network of partners (approximately 300,000 companies). Up to 7,000,000 traders make use of this platform on a regular basis. The broker works transparently and honestly, and it pays much attention to the professionalism of its employees. One of its indisputable advantages is constant improvement of the services provided. Moreover, the list of available options for trading is lengthened on a regular basis. On FBS’s official website, the broker rightly notes that its platform ensures convenient and easy trading in the foreign exchange market (here you can learn the whole truth about forex).
The company offers a variety of high-quality investment and financial services in europe, asia and the CIS. It has offices in egypt, indonesia, china, malaysia, thailand, etc. The prestigious awards the company has won comments on the internet, including the recommendations of the platform by the clients, testifies to the company’s seriousness liquidity providers as well as custodians of clients’ funds are represented by such serious financial organizations as bank of america, citibank, jpmorgan, goldman sachs, etc. Trading takes place with the help of such reliable and sophisticated software solutions as metatrader 4 and metatrader 5. These platforms have been recognized by traders around the world as the best and most functional because of their excellent functionality. The terminals support the installation of new indicators and advanced trading systems for deep market analysis. They allow the use of pending orders, automatic trading advisers, hedging, scalping, and mobile trading, not to mention the display of the most actual market news. By the way, a convenient trading terminal, webtrader, can be launched in your browser.
Among the advantages of this forex and CFD broker, we note the high speed of execution of orders, the absence of slippage, low spreads and the minimum threshold for entering the market ($1). Additionally, it offers free account insurance. Its clients can receive a plastic card to conduct purchases throughout the world. Different assets (metals, cfds, most popular cryptocurrencies, etc.) are available to the company’s clients. To ensure that trading is a simple and understandable process for users, FBS organizes free seminars for both newcomers and experienced traders, provides high quality materials, profitable forex strategies (learn here how to choose a forex broker), and market analytics. The company has a convenient website, full of useful information. It’s translated into many languages, which makes it more comfortable to work with.
Replenishment and withdrawal of funds
The CFD and forex broker FBS has gained wide popularity in many areas due to a careful and substantial approach to its services. The company has done a lot to make interaction with the site comfortable and profitable. Different payment systems can be used for transactions in the system.
Methods of replenishment /withdrawal of funds include:
- Bank transfers (visa/mastercard),
- Electronic payment systems (NETELLER, skrill, perfectmoney, OKPAY, astropay, etc.),
- Crypto assets (bitcoin, mybitwallet).
The terms of transaction range from 15 minutes to 5 working days, depending on the service that the trader uses.
Complaints about FBS
FBS is a popular broker. It’s actively used by a large number of traders, so you can find a lot of reviews about it on the internet. As for the most positive comments, the clients of the platform note the excellent reputation of the broker, favorable conditions, rapid execution of transactions, the availability of insurance, demo trading, interesting bonuses and contests, as well as adequate spreads, fast and simple withdrawal of earnings without delay (including cryptocurrencies), and qualitative analytical materials.
Some traders recommend the company as one of the best on the market for reliable and stable cooperation with a possibility to earn a decent income. Also, a manager works online on behalf of the organization. He studies the comments of traders and answers their questions, which proves how crucial it is for the broker to be in touch with its clients.
Among the negative aspects, traders point to feedback issues (long wait time for answers from the support service), delays in withdrawal of funds, trade in scalping (slow execution of orders), unprofessional managers and long verification.
If we find complaints about FBS, we will post it on social media. Follow us to be well informed:
Is FBS a scam?
FBS is an impressive international organization with extensive experience. Today it can be rightly called a leading forex/CFD broker. Representation in more than 190 countries of the world, cooperation with more than 7,000,000 traders in asia, europe, russia, etc. – all of this clearly speaks about the fact that investors trust their money to this market leader. The brand has an active position and many prestigious awards. Offering a variety of unique opportunities and favorable conditions to its clients, the organization doesn’t grow stagnant. It proceeds with its mission: to satisfy the needs of investors, constantly develop, improve services and ensure stable and comfortable trading.
Favorable working conditions are the first thing that traders from all over the world notice on this site. Traders enjoy low spreads from 0.2 points, comfortable leverage up to 1: 1000, fast execution of orders, no slippage and a low entry threshold (from $1). For trading, only up-to-date financial instruments are available: forex, CFD and digital coins (learn here how to quickly earn on crypto assets). A well-built service is the next advantage of the company. Traders appreciate the company’s informative website, a large choice of transaction options, professionalism of the support service, materials provided, and relevant market analysis. The training process is also well organized here: the site materials are constantly updated and free seminars are held, which would be useful to any trader regardless of his or her trading experience.
It’s crucial for a leading broker to offer its clients such attractive options as automatic trading, scalping and hedging. For its users the company has come up with the best solutions: the trading process takes place in the time-tested terminals, highly praised by traders around the world (metatrader 4 and metatrader 5). Of course, the FBS broker needs to do everything to ensure that its clients feel secure while working in the market, so the issue of regulation of the organization is of supreme importance. Today the company has been licensed by serious financial bodies (IFSC, cysec), which increases its credibility in the eyes of users and proves that it’s not a fraudster but rather a reliable and trustworthy trading platform.
The company is quite popular with traders. There are a lot of reviews about it on the internet, and most of them are positive (as a rule, traders praise the company’s high reputation and its extensive experience, favorable conditions, high quality services and many useful options). Of course, there are also negative aspects of the platform, which mainly relate to problems with the withdrawal of capital, unprofessional managers, long verification, etc. Do note that a representative of the organization works online, analyzing the comments of the clients. This proves that it’s important for the company to see the real problems that users of the service face. Of course, you’d like to know whether we should regard FBS as another scam or not. Well, having thoroughly studied the capabilities of the platform, today we can confidently say – no! This decision was influenced by the impressive experience of the company, the constantly growing number of customers, a lot of useful options, the presence of regulation, and highly responsive support managers.
Regulation of FBS
The broker belongs to FBS markets inc. (registration number: 119717). It’s important for the company to provide its users with a reliable working platform, so the issue of regulation is taken very seriously. Today FBS has the licenses of the following financial bodies: IFSC (no./60/230/TS/17), cysec (no. 331/17).
Conclusion
Today the forex/CFD broker FBS is the undisputed leader in the market. It’s a trustworthy international organization with a wide range of work experience, many prestigious awards, and an impressive number of clients all over the world. The constantly growing popularity of the broker can be explained by its thoughtful and high-quality service, the provision of really profitable terms of trade, a rich choice of assets, unique options, and its adherence to regulation. Undoubtedly, all of this attracts new customers to the platform.
On the platform traders can work with the most popular financial instruments – crypto assets (here you can read the whole truth about digital coins), forex, CFD – so a decent income is guaranteed. For high-quality work, traders can use the company’s highly informative website, where they can find analytics as well as training materials. Right now we won’t label FBS as a scam, but we’re waiting for feedback from traders about the platform. This feedback might warn investors aboutt various issues, which might show up on the platform in the future and also impact the company’s rating on our web portal.
FBS review
Overview
FBS adalah salah satu broker dari forex itu sendiri yang banyak digunakan oleh trader forex yang berada di ASIA tak terkecuali di indonesia. Banyak trader forex di indonesia menggunakan broker … more
Detail
broker | FBS |
---|---|
alamat website | www.Id-fxfbs.Com |
sejak tahun | 2009 |
kantor pusat | suite 5, garden city plaza, mountain view boulevard, BELMOPAN, belize, C. A |
nomor telepon | +230 403 4437 |
bahasa | indonesian , english , arabic , chinese , spanish , portuguese , russian , malay , vietnamese , lithuanian , tamil , thai , bangla , korean |
trading platform | metatrader 4, metatrader 5, android MT4 dan MT5, and mobile platform |
minimal deposit | $1 |
akun minimal | $1 |
lot terkecil | 0.01 lot |
regulation | regulated by cysec, IFSC. |
Promo bonus | 100% bonus deposit |
leverage | 1:3000 |
spread | mulai 0 pips |
free demo account | open demo |
deposit methods | bank lokal indonesia (mandiri, BCA, BNI, BRI, OCBC NISP bank) , webmoney , moneybookers (skrill) , perfect money , bank wire , debit/credit card , moneygram , neteller , OKPAY , egopay , cashu , RBK money , DIXIPAY, local exchanges |
terima trader USA | |
mobile trading | |
tablet trading | |
overall score | 9.31 |
Review penuh
FBS adalah salah satu broker dari forex itu sendiri yang banyak digunakan oleh trader forex yang berada di ASIA tak terkecuali di indonesia. Banyak trader forex di indonesia menggunakan broker ini.
FBS itu sendiri merupakan singkatan dari financial broker success. Ini akan membantu anda jika anda binjadi pemain pemula yang belum begitu faham tentang bisnis ini. Dalam website resminya tersdia juga layan konsumen atau customer service dengan pelayanan yang memuaskan dan dengan pelayanan yang ramah sehingga untuk medapatkan penjelasa yang lebih dalam tentang forex ini mereka akan menjelaskan dengan jelas dan ramah. Dengan adanya website ini maka trader forex pemula. Jika anda ingin membuat akun dan akan menyetor dana minimum pun tidak perlu memakai jaringan internasional kini anda juga bisa menyetor dana melalui bank yang ditunjuk untuk bekerjasama seperti bank BRI, BNI, BCA, mandiri, atau NISP. Untuk minimal deposit yaitu 1 dolar atau sekitar 10000 rupiah. Perusahaan yang berdiri pada tahun 2009 ini sudah mempunyai banyak trader diseluruh indonesia.
Keunggulan broker forex FBS
Banyak keuntungan FBS yang disajikan dalam bisnis ini baik dari segi jaringan keamanan dan kenyamanan. FBS untuk broker forex itu sendiri sudah memilki banyak anggta dan sudah tersebar diberbagai negara besar . Sekitar 60 negara sudah mengi kuti dan mejadi trader forex ini dengan berbagai versi bahasa yang ada dan untuk pelayanannya itu sendiri pun 24 jam nonstop dengan hari kerja yaitu 5 hari. Selain it bisnis forex ini juga telah diakui oleh lembaga keuangan internasional dan info juga tersedia da dipublikasikan dengan jaringan sosaila disemua aspek contoh facebook, twitter dan jejaring social yang lainnya.
Pendaftaran FBS untuk membuat akunpun cukup mudah dengan syarat scan ktp anda dan dan dokumen unutk verivikasi alamat setelah itu mengisi formulir pendaftaran dan isi formulir tersebut sesauai jenis akun yang akan anda pilih. Akun itu sendiri dalam pasar FBS ini terdiri dari 3 macam yaitu untuk akun mikro. Akun ini sangat cocok untuk trader pemula yang masih belum berpengalaman dalam bidang bisnis online ini, untuk akun trader pemula ini pun setor dan saldo minimumpun juga kecil yaitu 5 dolar atau 50ribu. Sedangkan akun yang keuda yaitu akun standar. Akun ini bisa digunakan untuk pemula yang inign mengembangkan bisnisnya agar medapat profit yang lebih. Sedanglan untuk para investor yang sudah berhasil dalam trading forex,untuk akun ini sangat cocok dimiliki mereka. Dengan akun ini mereka bisa fokus untuk pengurangan resiko dan untuk menambah atau meningkatkan pendapatan mereka.
Akun terakhir yang tersedia di FBS ini yaitu akun unlimited. Akun unlimited ini tidak terbatas dan cocok untuk dimiliki oleh para pengguna atau investor yang sangat berpengalaman dan professional. Untuk minimum pembayarannya pun sekitar 1000 dolar amerika atau sekitar 10 juta rupiah. Beberapa penghargaan pun telah diraih oleh perushaan ini walaupun baru 3 tahun mereka mengembangkan usaha ini. Penghargaan dunia yang sangat membanggakan yaitu berasal dari world finance award 2011 sebagai mini broker forex terbaik sedangkan penghagaan yang kedua dari show FX world exhibition sebagai mini broker forex terbaik.
Untuk pengisian dana itu sendiri berbagai alternatif cara pembayaran juga tersedia di FBS ini. Dana klien dari bisnis online ini akan dipisahkan dengan dana dasr adri perusahaan. Untuk audit keuangan perusahaan ini juga melakukan seleksi yang ketat oleh lembaga keuangan internasional. Untuk pengisian dana anda bisa membayar melalui fastpay, master card atau kartu kredit, bank wire transfer, bca, mandiri, BNI, BRI, NISP, FBS deposit card, skirl, neteller, perfect money, western union dan masih ada alternatif lain yang bisa anda pergunakan.
Untuk penarikan dana pun anda bisa menarik dengan fasilitas bank yang sudah tertera diatas. Dalam melayani para kliennya beberapa alternatif bisnis FBS ini pun bisa memakai emas sebagai salah satu investasinya. Selain perusahaan ini melayani pasar forex mereka juga menyediakan trading emas sebagai salah satu bisnis online dan investasi. Untuk menambah semangat para trader dalam menjalankan bisnis forex ini, setiap bulan perusahaan ini akan melaksanakan contest para trader dengan hadiah utaa mobil sehingga ini bertujuan untuk para trader semakin bisa mengembangkan bisnis yang mereka jalankan.
Berbagai tool menarik juga tersedia untuk para trader atau mitra seperti grafik, gadget, berita , analisa dan sebagainya yang bertujuan untuk membuat para trader nyaman.Untuk anda yang masih bingung dengan system kerja FBS ini anda bisa membuat atau meregiter melalui akun demo sebgai salah satu pembelajaran terlebih dahulu. Disana aka nada formulir untuk pengisiannya. Walaupun itu hanya akun demo akan tetapi tidak ada salahnya jika anda mengisi data formulir dengan benar jika suatu saat anda akan bermain dengan real maka anda tidak perlu repot repot membuatnya lagi. Jika dalam waktu 60 hari akun demo ada tidak bekerja atau pada terminal trading maka server FBS akan secara otomatis menghapus akun anda.
Untuk registrasi realnya pada FBS ini anda pertama-tama menyiapkan scan dari ktp anda kemudian siapkan juga kartu GSM yang nantinya sebuah notifikasi akan dikirim ke GSM anda. Untuk formulir itu sendiri bagian pertama akun. Isilah akun yang anda ingin daftar jika anda seorang pemula sebaiknya memakai akun micro. Pada bagian kedua data personal yang mencakup nama lengkap anda dan tanggal lahir anda. Pada bagian ketiga yaitu data ktp. Isilah kewarganegaraan anda dan no identitas anda baik ktp / sim / atau paspor anda. Bagian formulir yang keempat yaitu kontak. Dan bagian formulir pendaftaran terakhir yaitu register.
Untuk anda yang pemula dan masih bingung dengan system kinerja FBS sebagai alternative lain yaitu anda bisa berdiskusi dengan teman atau keluarga anda yang sudah paham mengenai forex dan perkembangan FBS itu sendiri. Jika anda sudah paham dari bebrapa penjelasan teman anda atau nyari diinternet seputar pembelajaran trading forex maka anda bisa mencoba belajar dengan membuka akun demo untuk forex stelah mengetahu cara kerja trading itu sendiri maka anda bisa membuka atau register pada akun realnya.
Agar tidak mengalami resiko kerugian yang besar disarankan untuk pemula membuka sebuah akun dengan kategori akun micro karena dengan minimum deposit yang sedikit dan untuk mengalami kerugiannya pun juga sedikit. Apakah anda berminat untuk menjajal dalm dunia trading forex atau FBS ini. Selamat mencoba ya.
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(145 votes, average: 3,74 out of 5)
FBS review and tutorial 2021
FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.
Trade on nearly 50 leveraged forex pairs.
FBS is an online broker that offers financial market trading in forex and cfds. Our review in 2021 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading.
History & headlines
FBS is a global broker founded in 2009. In the EU, FBS is operated by tradestone ltd and regulated by the cyprus securities and exchange commission (cysec). The global branch is run by FBS markets inc and regulated by the international financial services commission of belize (IFSC).
FBS has a head office location in cyprus and claims to have over 15 million active traders across more than 190 countries, from malaysia and indonesia to south africa, pakistan and the EU.
Trading platforms
FBS uses a non-dealing desk (NDD) system with STP for rapid order execution. After registration and login clients have a choice of two platforms to access the markets.
Metatrader 4
MT4 is a market-leading platform that FBS clients can download for PC. The trading platform includes a range of features:
- One-click execution and copy-trading
- Expert advisors (EA) service and apis
- Wide range of technical indicators and charting tools
- Support for clients using a virtual private server (VPS)
FBS metatrader 4
The global branch of FBS also offers MT4 multiterminal, which allows clients to operate multiple accounts simultaneously.
Metatrader 5
This broker recently added MT5 integration to its portfolio. This platform is a recent update to MT4 with greater versatility that offers the following:
- Hedging & netting
- Market depth view
- More technical indicators
- More order types and timeframes
FBS metatrader 5
MT4 and MT5 are also both available without a download via any browser through the webtrader solution. This service works across all operating systems and has all the features of the original software.
Markets
Clients can access a wide range of assets for trading:
- Forex – 28 standard pairs plus 16 exotics
- Metals – four precious metals
- Energies – WTI and brent crude oil
- Stocks (global only) – 40 company shares
- Indices – four indices including the NASDAQ
Unfortunately trading on the FTSE100 is not offered and neither is cryptocurrencies, such as bitcoin.
Trading fees
Spreads offered by FBS vary by account type and region. For EURUSD, the global firm offers a spread of 3.0 pips on its micro account, 1.1 on its standard and cent accounts and zero pip spreads on its zero and ECN accounts. In the EU the same spread is 0.7 pips with both the standard and cent accounts. Our review was pleased to see competitive spreads with the zero and ECN accounts.
The global branch charges a fixed rate commission of $20 per lot on the zero spread account and $6 on the ECN account. It also charges $3 for stock trades and $25 for CFD trading.
FBS charges overnight rollover fees (swap-free is available) and a cancellation fee of €5 for transactions that have taken advantage of price latency. Accounts dormant for 180 days are charged a €5 monthly fee.
FBS leverage
The maximum leverage available depends on account type and branch. In the EU the broker provides leverage up to 1:30 on standard and cent account types. Globally it offers up to 1:1000 on the cent account, 1:500 on the ECN account, and 1:3000 on other account types.
FBS has a margin call of 40% and lower, whereafter it is entitled to close a client’s position.
Mobile apps
FBS trader app
The owner and CEO have ensured that FBS trader is a free and fully-featured trading app. It can be downloaded to android (APK) devices from google play. Outside the EU it’s also available on ios. The broker’s downloadable app offers forex and top instruments for trading, alongside real-time stats and easy management.
FBS mobile app
MT4 & MT5 apps
Both metatrader platforms are also available as mobile apps from the app store and google play. The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go.
FBS metatrader mobile trading
Payments
The minimum deposit at the online forex broker is different for each account type and trading region. The EU firm requires an initial deposit of €10 on the cent account and €100 on the standard. The global branch offers minimum deposits of $1, $5, $100, $500, and $1000 for the cent, micro, standard, zero spread, and ECN accounts respectively. Our review was pleased to see the low minimum deposit offering.
Several deposit and withdrawal methods are available including wire transfer (EU only), visa, and electronic payment systems, such as skrill and neteller. Deposits are instant for all methods bar wire transfer and withdrawals take up to 48 hours. Commission fees apply to withdrawals at the global FBS firm and identifying documents may be requested.
Demo account review
FBS offers demo versions of the cent and standard accounts in the EU. MT4 and MT5 integration are available and a range of instruments are offered to practice trading with zero deposit requirement. Once comfortable with the broker’s services, you can then sign up for a live account.
Trading bonuses
FBS has a wide selection of promotions and bonuses advertised on its global website. For example, the broker offers a trade $100 bonus with no deposit necessary. The broker credits clients with $100 and if the client has 30 active trading days with 5 lots traded, the bonus can be withdrawn. FBS also offers a 100% deposit bonus, which doubles the deposit available for trading, and many contests.
Licensing
FBS is a legitimate broker with regulations from respected authorities. The company that owns the EU branch of FBS is regulated by the cyprus securities and exchange commission (cysec). The global branch is regulated by the international financial services commission of belize (IFSC).
In the EU, the broker also offers negative balance protection to retail clients. Overall, we’re happy FBS is not a scam.
Note, traders from the USA cannot register for an account, though clients from most other countries are accepted, including canada, india and nigeria.
Additional features
The FBS website has an analysis section with resources including forex-related news, market updates, and a forex TV feature that displays informational videos, weekly insights, and trading plans. This broker also provides an economic calendar and forex calculators alongside extensive educational materials such as live webinars and tutorials.
FBS economic calendar
Copy trading
The copytrade solution from FBS lets beginners replicate the success of top traders with secure, flexible trading tools. Clients can use the user-friendly mobile app to compare traders, allocate funds and create a unique trading portfolio.
Trading accounts
New clients have the option of several live account types. In the EU, the broker offers the standard and cent accounts. The global branch additionally offers the micro, zero spread, and ECN account. Order volumes are the same across account types. The ECN account has no trading limits and market execution is by ECN, unlike the other accounts which use STP. In general, the more you can deposit the higher the account tier and the more competitive the trading requirements.
When opening an account, you’ll need to submit documents to verify your name, address and the country you’re registering from.
Pros and cons
Benefits
Advantages of trading with FBS include:
- MT4 and MT5 integration
- Ultra-low minimum deposits
- Competitive zero-pip spreads
- Range of promotions & deposit bonuses
Drawbacks
Bad areas flagged in our review include:
- Fewer account and trading options in the EU
- Commissions payable on many trade types at the global firm
Trading hours
The FBS broker website is available at all times. Opening hours for each asset depends on the market and timezone, but forex runs 24 hours a day on weekdays. The broker also provides a virtual private server (VPS) service, which allows the client to keep their trading platform on a virtual machine 24/7.
Customer support
Customer support is available in english, spanish, portuguese, french, german and italian:
- Email – info@fbs.Eu
- Live chat – logo in bottom right
- Contact number – +357 25313540
- Address – vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus
Global
Contact options including live chat, callback, and whatsapp are available on the global website.
Trader safety
FBS ensure client personal information and privacy is safeguarded. Transactional information is also protected using transport layer security (TLS). The metatrader platforms also offer dual-factor authentication at the login stage for added security.
FBS verdict
FBS is an international forex broker that offers low minimum deposits and a variety of trading accounts with MT4 and MT5 integration, alongside the FBS trader app. Spreads are competitive, and both novice and advanced traders will feel at home with this broker.
Accepted countries
FBS accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.
Traders can not use FBS from united states, japan, canada, myanmar, brazil, israel, iran.
Where is FBS regulated?
This broker is regulated in the EU by the cyprus securities and exchange commission (cysec) and elsewhere by the international financial services commission of belize (IFSC).
Is FBS a good broker?
FBS is a legitimate broker and not a scam. It is licensed by respected financial authorities and has positive online reviews.
Does FBS offer any bonuses?
The global branch of FBS offers 100% deposit bonuses and promotions where no deposit is required. This broker also offers trader contests and a VPS service.
What is the minimum deposit at FBS?
Clients can open an account with $1 at the global branch and $10 in the EU. The greater the initial deposit, the tighter the spreads and more advanced the trading tools.
What platforms does FBS offer?
FBS has both MT4 and MT5 platforms, which are available on any browser and as mobile apps. This broker also offers FBS trader, an in-house mobile application.
Does the FBS broker have trading on nas100?
Yes, clients can trade on the NASDAQ and three other major indices, including the S&P 500, dax30, and dow jones.
So, let's see, what was the most valuable thing of this article: unbiased FBS review updated in 2021: read the facts you must know before you open an FBS broker account for online trading. At fbs review
Contents of the article
- Free forex bonuses
- FBS review
- FBS review: summary
- FBS review: regulation
- FBS review: countries
- FBS review: trading platforms
- FBS review: trading tools
- FBS personal area mobile app
- Virtual private server (VPS)
- Economic calendar
- Currency converter
- Trader’s calculator
- Forex news
- Daily market analysis
- Forex TV
- FBS review: education
- FBS review: trading instruments
- FBS review: trading accounts & fees
- FBS review: customer service
- FBS review: deposit & withdrawal
- FBS review: account opening
- FBS review: conclusion
- FBS REVIEW - IS FBS A GOOD FOREX BROKER?
- Credibility of FBS review
- Trading costs of FBS review
- Trading conditions of FBS review
- Customer support of FBS review
- FBS reviews
- 164 • average
- Write a review
- Write a review
- Reviews 164
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- WORST platform ever seen
- In order for the FBS futures brokerage…
- I'm with FBS from 2013/2014
- Mostly i trade gold ,,recently FBS has…
- Good trading platform but some minor issues
- This is a scam website, please do not involve.
- FBS review and tutorial 2021
- History & headlines
- Trading platforms
- Markets
- Trading fees
- FBS leverage
- Mobile apps
- Payments
- Demo account review
- Trading bonuses
- Licensing
- Additional features
- Trading accounts
- Pros and cons
- Trading hours
- Customer support
- Trader safety
- FBS verdict
- Accepted countries
- Where is FBS regulated?
- Is FBS a good broker?
- Does FBS offer any bonuses?
- What is the minimum deposit at FBS?
- What platforms does FBS offer?
- Does the FBS broker have trading on nas100?
- FBS review
- Overview
- Details
- Full review
- Replenishment and withdrawal of funds
- Complaints about FBS
- Is FBS a scam?
- Regulation of FBS
- Conclusion
- FBS review
- Detail
- Review penuh
- Keunggulan broker forex FBS
- FBS review and tutorial 2021
- History & headlines
- Trading platforms
- Markets
- Trading fees
- FBS leverage
- Mobile apps
- Payments
- Demo account review
- Trading bonuses
- Licensing
- Additional features
- Trading accounts
- Pros and cons
- Trading hours
- Customer support
- Trader safety
- FBS verdict
- Accepted countries
- Where is FBS regulated?
- Is FBS a good broker?
- Does FBS offer any bonuses?
- What is the minimum deposit at FBS?
- What platforms does FBS offer?
- Does the FBS broker have trading on nas100?
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