FBS REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.

Fbs.Com review


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.

Real forex bonuses


FBS REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.


FBS REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.


FBS REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.

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.


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.


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South asian airlines are about to launch blockhain payment



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 REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.
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 REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.
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 REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.
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 REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.
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 REVIEW - IS FBS A GOOD FOREX BROKER, fbs.com review.
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


Finance brokerage services


FBS are forex brokers. FBS offers the metatrader 4, metatrader 5, and MT mobile forex online trading top platforms. FBS.Com offers over 30 forex pairs, stocks, gold, silver, other metals, and cfds for your personal investment and trading options.


FBS


Related websites of this company include F-B-S.Com, hotoption.Com and https://fbs.Ae/.


February 2011: the website appears to be blocked in the USA.


Other websites of this company include fibexch.Com, fbs.Ae, fbs.Id, fbsforex.Com, fbs.Cn, jpfbs.Com, esfbs.Com, ptfbs.Com, fbs.Ae, vnfbs.Com etc.


FBS


Broker details


Video



Live discussion


Join live discussion of FBS.Com on our forum


FBS.Com profile provided by regina FBS, sep 5, 2019


FBS is an international broker with more than 190 countries of presence. 13 000 000 traders and 370 000 partners have already chosen FBS as their preferred forex company. We work since 2009 and provide fast and honest services.


Working with us is easy, convenient and, most of all, profitable. We are happy to offer exclusive terms unprecedented in the forex market.


To provide the best customer experience we organize seminars and special events, providing our clients with training materials, cutting-edge trading technologies and the latest strategies on the forex market. Both newbie and professional traders will find these sessions useful.


If you prefer to choose the best for yourself, FBS is just right for you. We even launched a COPYTRADE app which allows you to earn money both by copying a successful trader and by having people invest in your trading.


Once a client of FBS – always a client of FBS.
Www.Fbs.Com


Unique trading conditions for traders:
• minimal deposit of $1
• spread starting from -1 pip
• leverage up to 1:3000
• 35 currency pairs, 4 metals, 3 CFD
• split-second execution
• no requotes
• minimal order volume of 0.01 lot
• quotes precision of 0.00001
• trade with any advisors or strategies
• customer support in 15 languages
• deposits and withdrawals via visa/mastercard, wire transfer, neteller, skrill, perfect money, fasapay; local indonesian banks: bank central asia, mandiri, bank negara indonesia, bank rakyat indonesia, OCBC NISP; thai banks: krungthai bank, krungsri bank, siam commercial bank, kasikorn bank, bangkok bank; vietnamese bank: vietcombank. Lots of exchangers in different countries



Permanent promotions:
• $100 bonus - work out for more
• 100% bonus on each deposit
• cashback up to $7 per 1 lot


Loyalty program:
• VPS service
• guaranteed lucky T-shirt for a deposit of $500 or more
• guaranteed iphone X gift for a deposit of $5000 and 500 traded lots
• mercedes S-class for platinum status
• VIP membership



Partner program:
• $10 commission on EUR/USD
• monthly partner bonus up to $3000
• 3 levels of payments (15% from 2nd level partners and 5% from 3rd level partners)


Awards:
• best FX broker vietnam 2019
• most progressive broker europe 2019
• best FX broker europe 2019
• most promising broker 2018
• best forex broker asia 2018
• best investor education 2017
• best FX IB program



FBS reviews and comments 2021


Trading account balance usd 300 request to withdraw usd 100. But only approve for withdeawal usd 12.45 include the charge of $2.45 meaning i only get $10, I don't know how and it is always happen to me when reques for withdraw.


Shaz 1 february, 2021 reply


Watch out for this broker. At first everything was really good, but then when you started to complain on them, your charts will be delay and your spread will be too high, and you can tell the difference from before!


Guest 28 january, 2021 reply


Please avoid this broker. Deposit is very fast but withdrawal not yet approve after one day. I don't know why it take so long for withdrawal compare with other broker .When ask customer service agent, they keep tell you to wait for it. Try to avoid it.


Heng 26 january, 2021 reply


Please, note that withdrawal process and time mostly depends on the payment system you choose, but all withdrawals are processed manually for security reasons. After being accepted by FBS, it's further processed by the payment system. If withdrawal takes more than average, please, contact us via support@fbs.Com!


FBS 2 february, 2021


How long take for withdrawing complete?


Joel 19 january, 2021 reply


Please, note that withdrawal process and time mostly depends on the payment system you choose, but all withdrawals are processed manually for security reasons. After being accepted by FBS, it's further processed by the payment system. If withdrawal takes more than average, please, contact us via support@fbs.Com!


FBS 22 january, 2021


I'm on xau/USD trade. The spreads are very high that I burned my $300 account.


Ricardo III 18 january, 2021 reply


Sorry to hear that. Please be noted that trading is related to risk.We obviously have no interest in making you lose your money. Please note that the spread value depends on market volatility. It can be wider during economic news releases or when there is low liquidity in the market. You can find the average spread on our website FBS.Com
may we suggest that you make use of the training videos, ebooks on the web to learn more about trading. We also provide regular webinars that can be very helpful.
Please contact us via live chat or support@fbs.Com for more details.


FBS 20 january, 2021


I'm on the FBS for some time now - lost more that I gained, but that is just the way I was trading. The only part I've got a problem with right now is the debit/credit deposit/withdrawal issue. At the moment ony way to deposit from a CC is through perfect money or bitcoin - which is just not working for me. I do understand regulations and all but this issue is almost 2 months old and still no resolution for it.


Aljosa 14 january, 2021 reply


Unfortunately you didn't leave any details so its hard to take a look what options are available for you.
Please be informed that different countries have different options of payment systems.
At the moment we are trying to add as many other convenient payment systems as possible but of course it might take some time.
In case you would like to see some payment systems, we would highly appreciate if you send your feedback to our e-mail support@fbs.Com.


FBS 20 january, 2021


I need more details on the level up program for FBS.


Sahl 9 january, 2021 reply


Dear sahl, please find information on our website https://fbs.Com/promo/levelupbonus. For more details you can also contact us via email support@fbs.Com


FBS 14 january, 2021


I'm a trader and decided to try the level up promotion and not only are their regulations bad by forcing people to trade but FBS also manipulates price to hit your SL if you are in profit. I have screenshots on my phone of the real chart on trading view vs the chart on FBS MT5 screen. Anybody who wants to use this broker should think twice. Like they say anybody who wishes to help you for no reason has hidden intentions.


Emmanuel 1 january, 2021 reply


I am a newbie, please give me details of FBS copy trading platform.


Muhammad 10 december, 2020 reply


FBS is a scam broker. I can prove it. I am watching market in monday morning because friday night open sell option on gold I am try to close trade but unable. I contact support and asking that gold trade not close and asking working on that some issue find fbs side. I note market crash after some my trade closing live just open ticket. You can refund it?


Umer 7 december, 2020 reply


Dear sir! We bring our sincere apologies for this situation. Please, kindly contact us via support@fbs.Com and provide the details of your account, so we could check the situation and help you.


FBS 23 december, 2020


I am a bit confused, I really wanted to understand that if I succeed with the trade 100 account, the profit will be automatically transferred to my trading account, that's understood, but do i have to deposit again to be able to trade and withdraw my profit?


Adamu ibrahim 7 december, 2020 reply


Hello, sir!
No, no additional deposit is needed with trade 100 bonus. All you need to do is fulfill the conditions and get 100$ profit.
You can check the full list of terms and conditions in your personal area (https://fbs.Com/cabinet/promotions/trade100).


FBS 23 december, 2020


Can advise me once I trade will I be getting the money I trade with plus my profit?


Sue 2 december, 2020 reply


Thank you for contacting us! Yes everything that you deposit and plus your profit belong to you. You can withdraw your funds in any moment without any restrictions.


FBS 7 december, 2020


I just want to know two things: 1. How do I get my profits when trading with the $100 trading bonus. 2. I am a namibian trader and want to find out if FBS allows banking deposit/withdrawal with nedbank.


Chester 2 december, 2020 reply


Thank you for contacting us! For trade $100 bonus, if you have met all the conditions, your $100 profit will be automatically transferred to your trading account. Please, kindly make sure that you have read the promotion conditions which you can find on the bonus page in your personal area. Unfortunately, we don't work with nedbank, but the list of available payment systems, you can find within your personal area menu withdrawal.


FBS 7 december, 2020


I deposited with a master card and tried withdrawing first to know how quick is that but still yet to receive since 4hours late. But my question is that if I deposited with bitcoin after my first transaction with card can I still withdraw with bitcoin? Trying to avoid expiring or blockage of my card in the future.


Adepoju adewale 25 november, 2020 reply


Please be informed that withdrawal with card takes from 5 days about. We would like to draw your attention that with bitcoin you can only make deposits, unfortunately you can't withdraw to bitcoin. To know more information please contact us via live chat or messengers on FBS.Com


FBS 1 december, 2020


I am actually having a very terrible experience with FBS. I initiated a withdrawal and I was asked to present the detail of a card that I had blocked when I lost it, whereas a new card which was issued as a replacement for the lost card which is linked to the same account from the same bank which I had used for both deposit and withdrawal was rejected. And there is no other means of making withdrawal from my account. This is quite unfortunate.


Olatubo adebayo 24 november, 2020 reply


Did you finally got helped withdrawing later on?


Adepoju adewale 25 november, 2020


So, did you later got a withdrawal?


Wilson 10 january, 2021


For me personally. FBS promises, all problems can be resolved quickly, with an easy deposit without taking a long time. And the telegram service at FBS allows me to have discussions with other traders. I am happy to join the FBS broker


Mustopa 23 november, 2020 reply


I have a cent account here. But I never got any profit. I lost 30k INR in 6 months. Is it possible to earn money in forex trading?


Satyalakshmi 21 november, 2020 reply


Sorry to hear that. We obviously have no interest in making you lose your money. You need a bit stronger theoretical bases like: learn more about money management, risk management, and try new strategies. May we suggest that you make use at the training videos, ebooks on the web: fbs.Com, we also provide regular webinars that can be very helpful.


FBS 23 november, 2020


FBS is a broker that offers a chance to grow up as a professional broker. Pro trader is a status that grants you a right to set your own commission rates. With this, you can trade and attract investors more stractigically.


Chris 16 november, 2020 reply


FBS copystar is the a interesting contest for traders. It intantion is help us to attract more copiers and win brand-new devices by apple. Moreover, all the winners get a PRO status that allows the traders to set a commission they see fit. I think it's really interesting.


Vladistag rojas 15 november, 2020 reply


FBS league provides attractive prizes for me to trade with demo accounts only without withdrawing capital for deposits, while honing my trading skills my demo account has a chance to win cash prizes.


Hairul 14 november, 2020 reply


I opened an account with FBS more than a year ago and till now everything is going fine. The errors are mine. But, seriously, FBS is the only broker I know that offers a promo contest with real money prizes in a demo account. It is a game they named FBS league and, yes, real money in a demo account contest. Just check for yourself.


Francisco jorge 9 november, 2020 reply


The FBS copytrade application really has two great advantages: it's really comfortable if your intention is to operate with your mobile device and it is additionally a vital tool if you want to start in the world of trading without experience, by allowing you to copy the trader you like the most, with what you could even learn too. It seems to me a great bet of said platform.


Vladimir rojas 9 november, 2020 reply


If I deposit $25 and make a profit of $50, will I be able to withdraw all of money from FBS, or I can only withdraw profits?


Abolokeng pitse 8 november, 2020 reply


I love promos from this broker, especially dreams come true program. They helped a lot of people around the world fulfill the meaningful wishes.


Nick dinh 8 november, 2020 reply


I think one of the greatest features of FBS is their admin app FBS trader that allows me to trade mobile, anywhere, anytime. It is very well designed and responsive. This gives me some sense of safety while operating mobile. I like and recommend their app.


Francisco jorge 2 november, 2020 reply


If I make profit from free bonus I can easily withdraw my profit without depositing any money into the account?


Elliot 28 october, 2020 reply


Withdrawal very bad service.


Jukiy 26 october, 2020 reply


FBS is a reliable and trusted forex broker for me since 2009. I like their FBS trader, not only help me manage, trade and others activities when I mobile but also they provide quick start bonus for use it. Quick start bonus give us $100 to explore FBS trade and we can learn and get free money with that promo.


Sunny 21 october, 2020 reply


I appreciated most of the offers given by this broker and i learned a lot during my practice. Am from philippines, i saw some local banks listed from our country in my personal area, am ready to epen live account and deposit fund. However before doing so, my question is, is this local bank listed ready for online banking in terms of deposit and withdrawal if ever there is a profit?


Foxer 21 october, 2020 reply


The most difficut broker I have encountered so far to withdraw money, as though I am begging to withdraw my own money, to deposit it is so easy, they don't for any verification, but to withdraw, they give a lot of conditions, some of which are just nonsense.


Qawi 20 october, 2020 reply


Unfortunately you didn't leave any information about your account so we could check. Please, note that withdrawal process and time mostly depends on the payment system you choose, but all withdrawals are processed manually for security reasons. After being accepted by FBS, it's further processed by the payment system. If withdrawal takes more than average, please, contact us via live chat or messengers we will be happy to help.


FBS 23 october, 2020


@qawi, did you get your money in the end? Because im about to deposit them the money just to get my own money. It doesn't make sense at all. Like why should we pay to get our own money?


Daniel 27 october, 2020


At times forex newbies get lost facing myriads of offers from various brokers, with only prime and positive information and prognoses bunched up on their sites. How to choose a broker that won't snatch all your hope away? Communicating with more experienced currency traders and reading reviews about forex brokers will help you gain insight into the subject and to understand how much trust this or that broker deserves.


FBS section is dedicated to the comments and reviews of the traders who either currently trade with this broker, or have had such an experience in the past, or are about to open a trading account with the broker soon.


Positive estimates about the broker do not give an absolute guarantee of successful trading with them; at the same time, negative statements do not necessarily mean that you are to remain in discontent after you become their client.


Each trader eventually has to make an individual decision, whereas other clients' reviews just help to get an overall picture. Judgments on FBS can be favorable or opposed to the company, they comprise various issues related to trading operations or customer services; only the authors of these reviews are responsible for what they write about and in which manner they do it.


It has to be clearly understood that comments and reviews reflect only the subjective opinions of their authors. However, in any case forex beginners should pay proper attention to the views and evaluations of their 'cunning fellows' and to be very careful in choosing a broker.


FBS is a reliable forex broker trusted by millions of traders around the world. The company has been in business since 2009 and now is present in over 190 countries. FBS is regulated be IFSC, cysec. Besides currency pairs FBS offers trading gold, silver, platinum, palladium, BRN, DAX30.



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


brokerFBS
website URLwww.Fbs.Com
founded2009
headquartersrussia, st. Petersburg, ul. Professor popov, 37
support number8-800-555-444-2
support typeschat, phone, call back, email
languagesenglish, japanese, turkish, portuguese, korean, german, etc.
Trading platformmetatrader 4, metatrader 5, webtrader
minimum 1st deposit$1
bonusbonus for the first deposit 100%
leverage1:3000
spreadfrom 0 points
free demo account open demo
regulated
regulationIFSC (№/60/230/TS/17), cysec (№331/17)
account typesstandard, cents, micro, unlimited, zero spread, ECN
deposit methodscredit/debit cards, bank transfer, skrill, cashu, OKPAY, RBK money, QIWI, FBS master card, neteller, yandex.Money, ru, webmoney, etc.
Withdrawal methodscredit/debit cards, bank transfer, RBK money, QIWI, FBS master card, neteller, yandex.Money, webmoney, etc.
Number of assets40+
types of assetscurrency, metals, CFD, crypto-currency (bitcoin, ethereum, litecoin, dash)
account currencyUSD, EUR
US traders allowed
mobile trading
overall score9.0/10

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.



Trade forex, cfds, stocks and metals with honest broker


For newbies, risks are 100 times lower


Highest honest leverage on market


Wide payment systems geography


Feel free to choose any account type you like!


For experienced market players making their way to forex heights


Perfectly suits those who are just starting on their way to success on forex


Ideal for those who want to calculate their profit precisely


Designed for those who prefer trading at the fastest speed


For those who want to feel the full power of trading with ECN technologies


To grow your confidence, train your trading skills on a demo account.


Deposit with your local payment systems


Be armed with the latest news


Improvements in the conditions of U.S. Stock trading


FBS copytrade removes the $500 limit for copying PRO traders


FBS 12 years: big time! Big money!


Qualcomm: a strong performer


How well ebay did in 2020?


Will the pound get a boost?


Will the RBA support the AUD?


FBS at social media


Contact us



  • Zopim

  • Wechat

  • Fb-msg

  • Viber

  • Line

  • Telegram

  • Whatsapp


The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize


The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran


Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203


For cooperation, please contact us via support@fbs.Com or +35 7251 23212.


Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.


Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.


Data collection notice


FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.



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: 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


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 Review: Trader 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: 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


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)


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


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


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.


FBS Review: Forex News


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: Forex TV


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


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


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


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.





So, let's see, what was the most valuable thing of this article: there are 4 fundamental standards that any brokers who want to become the best should meet. Let's have an FBS review based on those 4 standards. At fbs.Com review

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