FBS Review, fbs reviews 2021.

Fbs reviews 2021


FBS review: copytrade app commissions are only charged on the ‘zero spread’ and ECN accounts.

Huge forex bonuses


FBS Review, fbs reviews 2021.


FBS Review, fbs reviews 2021.


FBS Review, fbs reviews 2021.

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: 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.



FBS review 2021


Regulated by cysec & IFSC | segregates client funds | trust rating: B | true ECN


CFD trading involves high risk be careful with your investement


CFD trading involves high risk be careful with your investement



This post is also available in: deutsch italiano


With this FBS review we want to find out if FBS is really one of the best forex brokers of 2019.
We conducted an in-depth review in january 2021 to find out the answer and bring it to you!


Now here's a real surprise broker that you may not have come across yet!


Founded in 2009 and headquartered in belize, this true ECN and STP broker is authorised and regulated by the cyprus securities and exchange commission (cysec) and has a lot to offer.


They have already won tons of awards, have clients in over 120 countries throughout the world and have established a sound customer base that currently exceeds 5 million traders.


FBS is extremely well represented in important regions across asia and has offices in china, thailand, turkey, malaysia, indonesia, lao, myanmar and egypt.


Clients are entitled to receive all sorts of promotions and trade forex, metals, cfds and four of the major cryptocurrencies: bitcoin, ethereum, litecoin and dash.


�� trading platformmetatrader
�� head officebelize
�� founded2009
⭐ reviews4.4 - 43 reviews trust pilot
↔ maximum leverage3000:1
�� execution servers LD5
�� broker typeECN
�� negative protectionno
�� trading optionsforex, cfds, crypto

OUR RATING: 7.8
the overall raiting is based on review by our experts
�� reliability: 7 / 10 �� spread: 9 / 10
�� offers: 8 / 10�� speed of execution: 8 / 10
�� customer service: 7 / 10�� uptime: 8 / 10
trading conditions
max leverage:3000:1
platform:
min deposit:$1
spread:from 0.0 pips
cuts out dealing desk:yes
methods of deposit and offers
deposit / withdraw:
welcome offer:$123 free and 100% deposit bonus on all deposits
rebates engine forex:coming soon!

FBS Review, fbs reviews 2021.


SECURITY, MARGINS AND TECHNOLOGY


SECURITY


In summary



  • Cysec & IFSC regulated

  • True ECN broker

  • No dealing-desk intervention

  • Segregates clients’ funds


FBS is the trading name of FBS markets inc., parallax incorporated, tradestone limited and is licensed and regulated by the cyprus securities and exchange commission (cysec) and the international financial services commission (IFSC).


Deposit insurance of up to 100%
for most account models, the broker offers forex traders so-called deposit insurance. In this way, traders secure the amount of their deposit at 100 per cent. For this purpose, a certain number of positions must be traded. For example, if you want to hedge a deposit of 100 US dollars, you will need 12 trades. In this way, traders can protect themselves against losses of their trading capital without additional investment.


In our FBS forex broker review, we found that dealing with FBS can be considered to be safe and secure. Overall, the company goes a long way to ensure transparency and the safety of its clients' money.


Spreads comparison


PEPPERSTONE

THINK MARKETS

OANDA

IC MARKETS

CHARGES AND MARGINS AT FBS


In summary



  • Spread mark-up or

  • Commissions per standard lot R/T

  • 6 account options to choose from

  • Up to 3000:1 leverage


FBS offers a choice between six unique trading account types, each of which offers distinct advantages and features. Clients can select from MT4 and MT5, true ECN or STP account options.


Minimum deposits range from $1-1000 with a huge maximum leverage of up to 3000:1.


All account types, except its ECN account, support the following trading instruments: 35 currency pairs, 4 metals, 2 cfds and 4 cryptocurrencies. The ECN account focusses solely on forex trading and allows users to trade 25 currency pairs.


Leverage is up to 3000:1 on the micro, standard and zero spread accounts, up to 1000:1 on the cent, and up to 500:1 on the unlimited and ECN account options.


FBS only charges commissions on two of its account types: the zero spread (from $20 per lot round-turn) and ECN ($6 per lot round-turn) accounts.


Here is a quick overview of all six account types and it's main characteristics:



  • Standard account: the FBS standard account can be accessed from a deposit of at least $100. The maximum leverage is selectable up to 3000:1 and the fees are calculated over a variable spread (from 0.5 pips).

  • Cent account: an account from $1 deposit for trading small amounts. There are even cent lots available for trading. The maximum leverage is 1000:1 and the average spreads start from 1 pip.

  • Micro account: an account from $5 with fixed spreads. So the fees are 100% clear for the trader before. The spreads start at 3 pips, and the leverage goes up to 3000:1.

  • Zero spread account: with this account, there is no spread (fixed at zero spread) applied, but a commission of minimum $20 per lot R/T has to be paid. This is an FBS account option that can be accessed with deposits from $500. However, a $20 commission per lot is quite steep.

  • ECN account: direct access to interbank trading with no spread (from -1 pip). A commission of $6 per lot is due, and the maximum leverage can be set to 500:1. You get a direct market execution from an initial deposit of $1000.

  • Unlimited account: an account type similar to the standard account, but with smaller, floating spreads starting from 0.2 pips. Available from $500 deposits with a leverage of up to 500:1.



A comprehensive comparison table of the different settings and features for each of FBS' account types is presented below:


TECHNOLOGY


In summary



  • Metatrader 4 (MT4)

  • Proprietary FBS trader

  • Metatrader 5 (MT5)

  • FBS copy trader


FBS clients are welcome to use the popular MT4 trading platform or can select its younger brother, MT5. Both trading platforms are available for all six account types.


Both platforms can be used with desktop computers or as a browser-based webtrader. Mobile trading is available for all common android and ios devices.


Both metatrader platforms allow for a wide range of leverage and trade execution without requotes. The full set of MT's standard features are available, such as the use and implementation of expert advisors (eas), micro-lot trading, one-click trading and an embedded news section. Technical analysis tools, including 50 indicators and charting tools with three types of charts, are at hand as well as the option for VPS service support.


FBS further offers the metatrader 4 multiterminal, which is a multi-account-management solution for MT4. With this terminal, account and money managers have the ability to manage multiple trading accounts simultaneously under one portfolio. The status of open positions and pending orders can be monitored and controlled via this tool. Quotes and news are received in real time just like on any metatrader account.


FBS trader is the broker's new, proprietary trading platform. The broker highlights that this trading platform is as powerful as the popular metatrader platforms but simpler to use.


The FBS trader is available for download on desktop computers or as a mobile platform for android and ios devices. It offers real-time stats and a smart interface for editing orders and account settings in just a few clicks.


FBS copytrade platform:


FBS jumped on board of the popular social trading train with their FBS copytrade platform. It is a copy trading platform where traders can automatically replicate (copy) the strategies and trades of other traders.


Copytrade enables all types of traders to engage in the financial markets and invest in professional or more experienced traders. The broker provides a list of advanced traders displaying their general profiles, generated returns in a given period, number of copiers and copy-fees charged. A trader can then check the statistics of the relevant traders and select those they want to follow or to copy.


On the other hand, experienced traders can set up their accounts to allow copy trading and specify a commission percentage that they wish to charge. This can serve as a major source of income for successful traders as they can earn huge commissions from a potentially unlimited number of copiers. FBS copytrade is available as an android and ios app, which can be downloaded and installed from the respective app stores.


A free VPS service is available to those clients that meet the conditions of depositing at least $450 and trading a minimum of just 3 lots per month. A VPS is a tool that most professional traders use to stay online and connected to the trading servers anywhere and anytime. Especially those traders using expert advisors (eas) as well as high-frequency traders that require a stable and fast server connection where slippage is reduced to the absolute minimum should consider using a VPS.


Execution of speed comparison


PEPPERSTONE

THINK MARKETS

OANDA

IC MARKETS

CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL FEATURES


CUSTOMER SERVICE AND CLIENTS SUPPORT


In summary



  • 24/7 customer support

  • Global presence with large client base

  • 6 account types to choose from

  • Demo account option available


Customer support service at FBS is available 24/7, a significant advantage given that most other brokers only offer 24/5 support. Support is available in 19 different languages including arabic, chinese, malay, thai, korean, indonesian, russian, laotian, french, italian, spanish and portuguese. Localized support services are available for traders in china, egypt, indonesia, korea, malaysia, myanmar and thailand.


Worldwide, more than 5 million traders from over 120 countries have already chosen FBS’ services and registered a trading account with the company. The company has won tons of industry awards and is ranked as one of the top forex trading providers in asia.


Both new clients to FBS and established traders have access to the multitude of promotions and bonuses on offer. These bonuses and promotions include a $123 no deposit bonus (welcome offer that is available to clients from selected regions only), 100% deposit bonus "trade 100 bonus" and many more.


In addition to providing a news and info section, the company also offers in-depth insight and education on all forex and trading-related topics. This includes webinars, seminars, videos, guidebooks for traders and much more. Both newbies and professional traders can significantly benefit from this wealth of insider information.


An economic calendar, forex market news, daily market analysis and forex TV are all accessible via the forex broker's homepage fbs.Com.


For the more serious or professional traders who have funded their account with at least $10,000 and traded a minimum of 50 lots, FBS offers an individual VIP approach through which clients benefit from consultations with a dedicated account manager, priority deposit and withdrawal processing, and gifts.


All customers can choose between six distinct account types that vary in terms of leverage, minimum deposit amounts, starting spread levels and other features, as shown above.


The available trading products include 35 currency pairs, 4 metals, 3 cfds, a small selection of stocks from around the globe and 4 cryptocurrencies.


Even though other forex brokers offer a more extensive portfolio of trading tools, FBS’ selection of trading tools represents a solid and sound variety that is especially beneficial for a more targeted trading approach that focuses on forex and cryptocurrency trading.


To get started and test FBS' overall trading conditions, we recommend to open a demo account first. This option is free of charge with the broker for both metatrader 4 and 5 platforms.


One of the negative FBS broker experiences is that charges are generally levied for payment transactions with the exception of credit cards or bank transfers. The deposit fees for this vary between 0.8 and 7.5 per cent.


The fees for withdrawals via e-wallet are also quite high. Traders should, therefore, use a credit card wherever possible. For transfers to bank accounts, a flat fee of $30 is charged. This also applies if part of the payment is booked to the credit card. If the payout exceeds the amount previously paid in with the credit card, the difference in excess will be transferred to a bank account of the trading account holder. Payments to third party accounts are not possible here either.


Available deposit / payment methods include:



  • Credit card and debit card (visa only)

  • Neteller

  • Skrill

  • Stic pay

  • Perfect money

  • Bitwallet

  • Bank wire transfer



With the online broker FBS traders have a chance in competing in various contests and trading tournaments. Prices include exclusive products such as cars, electronic devices, vacation or cash.


Clients looking to invest in experienced traders instead of trading themselves will find the FBS copytrade platform interesting. Retail investors can join a network of traders and copy their strategies and trades for a commission set by the individual traders. Typical commission charges vary between 10 and 30% of the trading profits generated by the trader. Followers have access to information and statistics of all available traders. These stats an be viewed and compared at any time.


On the other hand, successful traders have the opportunity to present their trading portfolio and offer to being copied to the FBS network of investors. For each investor following their strategy and copying their trades these strategy managers earn extra commission from successful trades.



FBS review


FBS


Min deposit


Min spread


Foundation


Broker trusted point


FBS review 2021: is the broker safe?


This FBS review 2021 contains answers to some common questions that many traders ask or search on the internet about FBS charges, services and legitimacy.


About FBS review


This brokerage firm was established in the year 2009. Since that time, the firm has worked hard to expand its service and features to meet traders’ demand. However, it still needs to focus on certain areas to stand in the neck to neck competition with various other emerging but advanced brokerage firms. The firm mainly operates through two following locations:


1) cyprus: vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus


2) belize: 2118, guava street, belize belama phase 1, belize


Yes, the thing must be bothering you though being one of the oldest financial service providers, the firm has two physical office locations. It is the broker’s major drawback. The broker serves thousands of customers from just two office locations, making it hard to reach them for major problems. It is also significant to note that the broker claims that it consistently gets partner accounts and 7,000 novice traders every day. However, there is no information on the official website of the broker to back this data.


Types of account offered by FBS and fee charged


The broker offers four different accounts to traders: cent account, micro account, standard account, zero spread account and ECN account. The minimum deposit of a cent account and the micro account is average. However, if we look into the minimum deposit of a standard account ($100), ECN account ($1000) and zero spread account ($500), it is extremely high. It is hard for traders to meet this requirement. And also it is too high concerning other advanced and renowned brokerage firms like hftrading ($250), roinvesting ($100) and 101investing ($100).


Apart from these professional accounts, the broker also offers a demo trading account for beginners and islamic account for muslim traders. The time provided for the demo trading account is limited. Again, the brokerage firm may charge an additional fee for islamic trading account if you open your trading position for more than two days.


Minimum deposit


In various reviews, the minimum deposit fee of FBS is written as $1. But, it is clear from their official website that their minimum fee is $1, and it goes as high as $1,000 depending on the types of account and country you belong.


Trading fees


Apart from the minimum deposit, you must pay some additional fees on trade, including the following.


1) overnight fee: the broker charges the fee if you hold your trading position overnight. FBS overnight fee is high and varies daily depending on the market closing.


2) inactivity fee: the broker charges an inactivity fee if you are inactive for more than 180 days. The inactivity fee is $10 per year, which is relatively high concerning other firms.


Commission and spreads


The broker’s spreads are not up to the market. The minimum spread is 3pips which is high compared to other brokerage firms such as t1markets and global tradeatf. Also, the broker charges $20 per lot as a traded common on zero spread account.


Leverage on trading


The official website of the broker says that it allows leverage of 1:3000 on trading. It might seem an attractive figure, but, the reality is that this value is too high to believe in it. And if we consider that it is real, how can we forget that leverage is a double-ended sword? It magnifies your profit, but at the same time, it magnifies losses too. Trading on such high leverage is very risky.


Tradable assets and markets


FBS brokerage does offer an extended list of seventy-eight favourable assets ranging from stocks up to cfds and forex. From the recent data, you can trade the following assets:


1) forex pairs: 28 (including minor and major pairs and nine exotic pairs)


However, if we compare these assets with other advance brokerage, firms will find that FBS’s assets are seriously quite limited. They need to add some more to expand the trading portfolio of traders. Also, stock cfds are not present for trading in the EU.


Available countries


Because of several legal constraints from particular counties, the broker cannot accept customers originating from the following regions: UK, japan, USA, canada, israel, myanmar, brazil, islamic republic of iran and malaysia. These restrictions might be partial or complete. Thus, if you live in any of these countries, you will have to look for other alternative brokerage firms.


Is FBS a scam or safe?


FBS scam is true. When you try some of the options, they do not work properly. It does not offer any solutions. Moreover, it is discouraging to see the disdainful UI and UX look, which is mostly carried by imposters and fraudulent. So, keeping up with the broker is highly risky. You can lose your budget once and for all.


Deposit and withdrawal


There are extremely few ways for the transaction, which can leave you dejected. It includes wire transfers, e-wallet, credit card and several others. The deposit is instant, but the withdrawal takes three to four business days. Also, the process of filling the withdrawal form is time-consuming and tiring. The fees for the deposit of withdrawal are as follows:


Deposit fees


The commission of $0.30 and a fee of 2.5%, globe pay with an amount of 1.5% and perfect money also charges a certain amount depending on the method of funding. Also, it may require a conversion fee if you deposit a non-base currency. So, it is all convoluted and messes up your mind. A trader has to waste so much time that it may put the mood off.


Withdrawal fees


Traders are subjected to withdrawal high charges, which is a demotivating factor for every market player. Moreover, it depends on the payment method and conversion fee (if the base currency is not similar to your bank account’s currency). So, there is no room for improvement. The fees and commission are listed below in detail:



  1. Visa: $1 commission

  2. Skrill: 1% + $0.32

  3. Stic pay: 2.5% + $0.30

  4. Neteller: 2% (max $30 and min $1)

  5. Globe pay: 1%

  6. Perfectmoney: 0.50%



These charges seem like the broker is working as a thug.


Customer support service


The customer support service of the broker is good. The available options to contract the team are email, phone, chat option (web-based). But, all these options will work if you are well versed in english. The customer service with FBS is available only in the english language.


Cons of FBS



  1. The demo account for novice traders is available for a short duration.

  2. If you are an EU trader, the broker offers only two accounts types.

  3. The broker does not offer any service in the USA, japan, UK, canda, israel and several other countries.

  4. The number of base currencies available with the broker is also limited.

  5. They have limited trading tools.

  6. They provide limited tradable assets (less than 90 assets).

  7. High spreads on their cent accounts.


The bottom line


The broker is annoying and working in the financial market since 2009, but managed hopelessly. However, it quintessential for the firm to upgrade its trading features, services and trading assets as the market is no more the same and has changed to a greater extent in the past few years. Otherwise, people would chuck it. FBS scam is a resounding reality which is making cacophony in the corridors.


New brokerage firm pops up every single day with excellent features that too at very low charges. So, FBS has no chance to be in the market. Also, these firms are safe and carry regulation for central regulatory bodies, unlike FBS. So, it is high time they should pay heed to several areas to stand in the market firmly. You can opt for some advance and renowned firms such as hftrading, primefin, oinvest and others.


HFTrading


ETFinance


Brokereo


TradedWell


TradeATF


ROinvesting


PrimeFin


Oinvest


101investing


InvestLite


T1 Markets


Frequently asked questions


What is the minimum deposit of FBS?


The minimum deposit required to open an online trading account with the broker varies to $1000, which is extremely high.



FBS review


Editors summary


With accounts to serve even the lowest volume traders and plenty of tools to help you become established as a good trader, there is a lot to love about this broker. The licensing and regulation in the EU, and internationally make them a reliable choice for traders. There is a bonus for non-EU traders to welcome you and get you off to a great start as well as excellent customer support and an intuitive and easy to navigate website. If you want to find an excellent all-around broker that can help you become a better trader, then this is a solid choice.


Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.


Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.


Introduction


FBS markets has been established and offering forex services now for a decade having launched in 2009. Based in belize and cyprus and regulated by the cyprus security and exchange commission (cysec) and the international financial services commission (IFSC), they offer their services to 1.3 million customers in 120 countries.


Like many forex brokers, they offer trading on the popular metatrader4 and metatrader5 platforms on a secure website and offer a choice of 37 currency pairs in which to trade. Whether you are an absolute beginner or more experienced in forex, this platform is suitable for all strategies. There are several accounts and many educational features.


Like all things, when it comes to choosing the best product or service for you, there are many things to consider. The fact that there is so much choice only makes it a more difficult decision. Which broker is the right one for you? How do you decide which of them will provide the right conditions? We endeavour to help your choice with our detailed review:


Account types


FBS markets provide a great deal of choice when it comes to account types. Not only do they have a demo account, but they also have a demo cent account. In addition to this, there are several live accounts with deposit requirements ranging from $1 to $1,000. The number of accounts depends on where you are trading. While there are six open to non-EU residents, if you are within the EU, the number is two. The two available to EU traders are the standard and cent account with different deposit requirements.


Demo account


There are two types of practice account – the standard demo and demo cent. The difference is that you can be more cautious and trade smaller lots with the demo cent version. Both are free to use and allow you to test the platform with virtual funds until you are ready to go live.


Cent account


With a deposit of just $1, you can open a cent account. With floating spreads from 1 pip and leverage of up to 1:1000, there is no commission charged, ideal for beginners who wish to practise on a live account as a next step up from a demo.


Micro account


Deposit $5 and enjoy fixed spreads from 3 pips with no commission and leverage of up to 1:3000. The micro account is better suited to those of you that like to calculate the exact profits.


Standard account


The standard account is open to all non-EU and EU traders, and you will require a deposit of $100. Floating spreads from 0.5 pips and leverage of up to 1:3000 make this account a popular choice across the board.


Zero spread account


Fixed spreads of 0 pips and leverage of up to 1:3000 can be enjoyed by those of you that deposit a minimum amount of $500. The zero spread account attracts commission of $20 per lot.


ECN account


ECN traders that wish to use the power of ECN technology can open this particular account with a minimum deposit of $1,000 and benefit from floating spreads from 1 pip and commission of $6 per lot.



FBS – forex broker rating and review 2021


FBS markets inc. Website
status
regulation IFSC, cysec
trading software metatrader 4/5, metatrader mobile, online FBS MT4/5 webtrader, multiterminal
headquartered no.1 orchid garden street, belmopan, belize, C.A

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 and WTI on metatrader 4/5, metatrader mobile, online FBS MT4/5 webtrader, multiterminal platforms.


Working with FBS is easy, convenient and profitable with exclusive terms to meet the interest of any trader.


Multiple international prizes and awards are another confirmation of company’s reliability. Once an FBS client – forever an FBS client. Deposits and withdrawals via various payment systems as visa/mastercard, Сardpay, neteller, skrill, perfect money, fasapay; and other local payment methods.


FBS trading information


FBS — latest reviews and comments 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


FBS rating


FBS reviews rating


The british monthly GDP is announced on friday at 09:00 MT time. In december, rishi sunak, chancellor of the exchequer, said that the british economy.


The year starts on a high note for our company. Starting from today the FBS banking trademark (former FBSB PLC) belongs to FBS (tradestone ltd.). We believe.


We bet you've heard many times that a great journey starts with a small step. What if we say that success is just a journey, not a final destination. But where you have to.


Have you ever observed nature? Many things, such as the trajectory of a bee, may seem random. At the same time, they are not - there is nothing random in nature.


Where did forex come from, and why we should know about its evolution? Global forex market daily turnover hits $6.6t in 2020. Impressive, isn't it?


We are proud to announce free educational courses from FBS financial analysts. From now on, you can get all the necessary information on forex structured and consistent.


Unless you've been hiding under a rock for the past year, you've probably heard, read, or participated in some heated discussions about the US presidential race.


When you start trading, many questions appear in your head. Today we concentrate only on ones that consider the effectiveness of performing on forex.



Read our FBS review and learn more about this award winning broker


In the world of forex trading, there are so many options when it comes to picking a broker. However, if you find yourself picking the wrong one it can be a decision that weighs very heavy on your bank balance. A good place to start is by reading some forex broker reviews, so you’re already on the right path because you’ve found your way here.There are a number of things to bear in mind when making your decision and you’ll find we cover most of them in our honest reviews. We are going to be looking at an award winning broker known as FBS, and after reading all the important details you’ll soon appreciate why they have received so many accolades.



  • $123gifted for a start

  • Max leverage:1:3000

  • Spread:1

  • Forex licence:IFSC


A brief introduction to FBS


FBS introduced itself to the world of forex trading in 2009, and now enjoys a presence in more than 120 countries with a customer base of more than 700,000 traders. And from the very beginning awards have been coming in left right and center. For example, in 2010 FBS received an award or best mini forex-broker; in 2012 it was named as the fastest growing broker in asia; in 2013 it received best broker in asia, and the awards were still coming in 2015. The activities of FBS are regulated by the international financial services commission, and while this may not be the FCA, bafin or cysec it is still a trustworthy regulator. FBS is owned by FBS markets company that has offices in a number of asian cities.


FBS has chosen metatrader 4 as its trading platform


A number of top forex brokers choose MT4 for their trading platform, and it comes as no surprise that FBS has done the same. It performs equally well for all operating systems including windows, MAC, android, and ios. There is no need for a download and automated trading is supported. It is one of the most functional trading platforms currently available and comes complete with a number of distinctive features. And for those of you who are keen to use the upgrade to this popular software, FBS now offer metatrader 5.


Five different account types to suit a range of different traders


FBS offer five different account types, each with their own special requirements and benefits. From traders who prefer to keep risks to a minimum right up to those who are ready to invest big and trade in large volume, all are catered for. Including those who much prefer to risk no money at all and get in some practice with virtual money.
Cent account



  • Minimum deposit $1

  • Floating spreads from 1 pip

  • No commission

  • Leverage up to 1000:1

  • Maximum of 50 open positions and pending orders



Micro account



  • Minimum deposit $5

  • Floating spreads from 3 pip

  • No commission

  • Leverage up to 3000:1

  • Maximum 100 open positions and pending orders



Standard account



  • Minimum deposit $100

  • Floating spread from 1 pip

  • No commission

  • Leverage up to 3000:1

  • Maximum 100 open positions and pending orders



Zero spread account



  • Minimum deposit $500

  • Floating spread from 0 pip

  • Commission from $20 per lot

  • Leverage up to 3000:1

  • Maximum 100 open positions and pending orders



Unlimited account



  • Minimum deposit $500

  • Floating spread from 0.2 pip

  • No commission

  • Leverage up to 500:1

  • No trading limits



All the above accounts have access to 3 currency pairs and 2 metals, and all support swap-free trading with the option of free funds insurance. In addition, there is the opportunity to become a VIP client if an account is funded with $10,000 and 50 lots are traded. VIP status entitles traders to priority processing of deposits and withdrawals, consultations with a personal account manager who speaks your mother tongue. VIP gifts and a certificate.
A number of payment methods are supported including visa and mastercard, neteller, skrill, webmoney and a number of other local methods. Skrill and yuupay are the only methods that incur additional charges and many payment methods are processed immediately.


FBS are celebrating the 2016 olympics with some great giveaways


It seems that the 2016 olympics are being seen as a great excuse to give away lots of prizes. For example:



  • Olympic giveaway with more than 300 unique gifts

  • Prize fund of $1000 for demo account traders who make the most virtual profit

  • Money prize for traders who send in a photo of them wearing their FBS t-shirt



And these are on top of the bonuses and promotions already being offered by FBS. There is a 100% deposit bonus, a $123 bonus, cashback, FBS lucky T-shirt, and the gift of an iphone 5s plus.



Educational material is limited but it hasn’t been forgotten


There are the standard offerings of market analysis and calculators as well as an economic calendar, but there are no online tutorials, webinars, videos, or ebooks, however, if you can make it to one of the venues there are some real life seminars available to participate in. We happen to miss the usual fare of training material, and many beginners are sure to be disappointed.
Customer service is more than adequate with an FBS representative available on several international numbers, but mostly these seem to be in asia. There is also an email support address, as well as a live chat option. Although the live chat option is only available in english.
FBS is a reputable broker that has received numerous awards, although these are mostly for its endeavors in asia. Customer feedback is very positive so they must be doing something right. One thing, however, that makes them unique is their ‘breakeven trading’ insurance scheme. We haven’t come across anyone else allowing traders to insure deposits, which if lost during trading FBS guarantee to pay you back. If you like the sound of this or any other of their features you can try them out risk-free by opening a demo account.


Company FBS markets inc.
Website https://fbs.Com/
headquarters belize
established 2009
languages english, spanish, lithuanian, portuguese, russian, arabic, bengali, chinese, bahasa indonesia, japanese, korean, bahasa malaysia, thai, urdu, vietnamese, tamil, lao, burmese.
Deposit methods regularpay, visa/mastercard, NETELLER, skrill, webmoney, perfectmoney, OKPAY, wire transfer, yuu collect, sahibexchange and zaw forex service

The average spread ratio is 1


Residents of belize, the USA and japan are not currently permitted to create a forex account.


Free forex seminars & workshops.


The quickest and easiest way to contact customer support is through live chat, which is available 24/5.


The remote forex licences has been issued by the IFSC.



FBS review 2021


Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our ratings list of forex brokers, the traders union does not recommend cooperating with this broker.


Instead, our experts strongly advise you to select a brokerage from among the top 5 on our objectively ranked list:


Summary of FBS trading company


Вђњfbsвђќ is the company that has offered a special way in the trading instruments selection. The clients of this company are offered to use 3 accounts for trading, by which the operations can be carried out via FBS trader 4 trading system. For qualitative technical analysis the broker offers a great variety of indicators and line tools.


If you already have an account with this company, please write a letter to your brokerвђ™s support service using this feedback form http://www.Fbs.Com/contact stating that you intend to work through us (tradersunion.Com). The partner account number is 29159.


FBS latest comments 2021


The reviews by customers of the FBS indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.


Just register and get authorized to submit a review of the brokerвђ™s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FBS published on the website in 2021 are verified and confirmed by traders union as reliable comments by real traders.


Analysis of the main features of the forex broker


Trading conditions for FBS users


1 US dollar for cent accounts


1 US dollar for cent accounts


trading platform: рњрў 4 (for all devices), рњрў 5 (for all devices), FBS trader
accounts: demo account, cent account, standard account, null-spread account, ECN account
account currency: USD, EUR, RUB, IDR, CNY, THB, VND, MYR, UAH
replenishment / withdrawal: plastic cards, electronic payments systems, wire transfer
minimum deposit: 1 US dollar for cent accounts
leverage: from 1:50 to 1:3000
PAMM-accounts: no
min order: 0,01
spread: cent accounts вђ“ floating from 1 pip, standart accounts вђ“ floating from 0.5 pip, zero-spread accounts вђ“ fixed $20 per lot, ECN accounts вђ“ floating from 0.1 pip + fixed $6 per lot.
Instruments: 90 currency pairs, РЎFD and 6 precious metals assets
margin call/stop out: 40% / 20%
liquidity provider: n/a
mobile trading: yes
affiliate program: yes
orders execution: market execution
trading features: advisors are permitted; scalping, hedging.
Contests and bonuses: yes

Comparison of FBS with other brokers


FBS fxpro XM group admiral markets UK avatrade
trading
platform
MT4, mobiletrading MT4, mobiletrading, MT5, ctrader MT4, MT5, mobiletrading MT4, MT5, iphone, ipad, android, MT4 supreme edition MT4, mobiletrading, zulu trader, mirror trader, avatrader, AVA option
min deposit $1 $100 $5 $200 $100
leverage from 1:1
to 1:2000
from 1:1
to 1:500
from 1:1
to 1:888
from 1:25
to 1:500
from 1:200
to 1:400
trust management no no no no no
accrual of % on the balance no no no no no
spread from 0 points from 1 point from 1 point from 0 points from 0 points
level of margin call
/ stop out
40% / 20% 25% / 20% 50% / 20% 100% / 30% 25% / 10%
execution of orders market execution market execution, instant execution market execution market execution instant execution
no deposit bonus $5 no $30 no no
cent accounts yes no yes no yes

Broker comparison table of trading instruments


FBS fxpro XM group admiral markets UK avatrade
forex yes yes yes yes yes
metalls yes yes yes yes yes
crypto no no no yes yes
CFD yes yes yes yes yes
indexes no yes yes yes yes
stock no no yes yes yes
ETF no yes no yes yes
options no yes no no yes

Contacts


registration address 2118, guava street, belize belama phase 1, belize
regulation IFSC
licence number: IFSC/000102/124
official site fbs.Com
contacts email: [email protected] ,

The oldest reviews of the FBS


The reviews by customers of the FBS indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.


Just register and get authorized to submit a review of the brokerвђ™s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FBS published on the website in 2021 are verified and confirmed by traders union as reliable comments by real traders.


Latest forex articles that may help you


Do reviews by traders influence the FBS rating?


Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FBS you need to go to the broker's profile.


How to leave a review about FBS on the traders union website?


To leave a review about FBS, register on the traders union website or you can also leave a review through facebook.


Is it possible to leave a comment about FBS on a non-traders union client?


Anyone can leave feedback about FBS on multiple participating clients; however, traders union clients also receive additional payments later for working with any broker listed at the forex market.


Why is it more profitable to work with FBS through traders union?


Because you will receive additional payments from traders union every day while all other functions on your chosen trading platform remain the same.


Traders union recommends: choose the best!


Risk disclosure:


Information on the tradersunion.Com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit.


That is why you should only invest money that you are prepared вђ” or can afford вђ” to lose at such high risks. Tradersunion.Com does not provide any financial services, including investment or financial advisory services. Also, the traders union is not a broker and does not get money for trading in the forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.


Disclaimer:


Tradersunion.Com assumes no responsibility for the consequences of the clientвђ™s trade decisions or for the possible loss of his capital caused by the use of this site or the information on it. The forex trading, as well as CFD or cryptocurrencies trading, are not for everyone and forex trading is a very risky business. Before investing, please assess your competence to trade in the forex markets and make sure you understand and appreciate all the risks, particularly in terms of leveraged trading. The information on this site is not intended for distribution, dissemination, or use by any person in any country or jurisdiction where such distribution, dissemination, or use would violate domestic legislation or regulation.


Any payments made by tradersunion.Com to the users of our website are only as a bonus for activity on the website, in the form of advertising income deduction; and such payment cannot:


В· be subject to any claim by our users or third parties;


В· obligate tradersunion.Com to act or refrain from any act;


В· expose or subject tradersunion.Com to any legal or other dispute; or


В· be considered as part of the services provided by the brokers.


Disclosure of advertisers and revenues:



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 broker review 2021 – all the facts


FBS broker review 2021 – all the facts


Overview



FBS broker review 2020


FBS is an international broker with a broad presence in over 190 countries of the world. Its technologically advanced platform provides exceptional trading services to 15,000,000 traders and 410,000 partners devoted to propelling the brand.


FBS has a reputation for being a customer-centric organization with an unswerving support system and goal to satisfy its clients.


Users stick with FBS due to its commitment in investors training and development, periodic loyalty & reward programs, seminars, webinars and a variety of resource materials available to its diverse clients.


FBS Broker Review 2020


Achievements


Founded in 2009, FBS has a long list of notable international awards. A few of these awards are:



  • Best forex brand

  • Best forex broker asia-2018

  • Best investor education – 2017

  • Best FX IB program – china 2017

  • The most progressive forex broker europe 2019

  • Best forex broker vietnam 2019 and more.



Statistics


FBS broker has a positive reputation for its easy-to-use platform which allows it have a high trader retention rate. 48% of its traders say “trading with FBS has been their main source of income”. These remarkable testimonials of course keeps 80% of its traders for life.


FBS Broker Review 2021 - All the Facts


Regulation


FBS markets inc is regulated by IFSC, license-IFSC/60/230/TS/19. FBS however, has some limitations in geography.


FBS broker servicers are available in all countries except:



  • Japan

  • USA

  • Canada

  • UK

  • Myanmar

  • Brazil

  • Malaysia

  • Israel

  • The islamic republic of iran



Tradable assets


Forex + exotics – 35


Metals – 4


CFD – 3


Stocks – 33


Cryptocurrencies – not available


Minimum deposit


FBS Broker Review 2021 - All the Facts


The minimum account deposit with FBS starts at $1 for the cent account which is suitable for those starting out with forex. The micro, standard, zero spread and ECN accounts starts from $5, $100, $500 and $1000 respectively.


Trading accounts


Demo account


A demo account with FBS opens you to a world of learning opportunities.


What to expect trading an FBS demo account


  • Trade risk free – the money you’re trading with on a demo account is virtual

  • Access the markets and practice trading under real market conditions

  • Experiment with different trading strategies and put them to the test

  • Become familiar with the MT4, MT5 and FBS trader.



Standard account


This account is for experienced market traders aiming to expand their trading prowess. This account can however be opened by newbie traders who can learn fast and have the determination to succeed.


With a minimum deposit of $100 and a leverage size of 1:3000, returns can be maximized with proper risk management. The standard account offers a floating spread of 0.5 pips and an order volume of up to 500 lots.


FBS Broker Review 2021 - All the Facts


Cent account


Perfect for beginners, the cent account’s minimum is $1. A leverage of 1:1000 and a floating spread of 1 pip. For minimal risk, the cent account is a good place to start with a maximum order volume of 1000 cent lots. Note that account balances appear in cents.


FBS Broker Review 2021 - All the Facts


Micro account


This is an upgrade from the cent account, the micro account starts with a minimum of $5 and a fixed spread from 3 pips. This account is ideal for high and precise profit calculation with a leverage size of 1:3000. Order volume for the micro account is 0.01 to 500 lots.


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Zero spread account


If speed and faster execution of trades matter to you, then the zero spread account should be your zone. With commissions from $20/lot and a fixed spread of $0 pip, the zero spread account enables you do more in less time. With an opening balance of $500 and a maximum order volume of 500 lots, this may be the next upgrade you need from a micro account.


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ECN account


To enjoy the full power of trading with ECN technologies, the ECN account is a decent choice. There are no trading limits with the ECN, the maximum allowable leverage is 1:500.


With a low commission rate of $6 and a floating spread if -1 pip, the dynamics are excellent for professional traders. Opening balance for the FBS ECN account starts at $1000.


The downside to the ECN is that it does not support islamic swap free account features and only 25 currency pairs to trade this account.


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Islamic account


All account types except the ECN supports swap free trading and as such, traders who choose to open this account can benefit from same features as others. To open an islamic account, contact customer service after opening any other type of account asides the ECN.


Copytrader for investors


If you don’t have the time to trade, you can let skilled traders do the work for you. The copytrade service is designed for social trading. After opening an account or using an existing account, pick a trader of your choice which you have reviewed his/her stats then copy their trades.


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Copytrader for traders


As a skilled trader, others traders and investors can copy your trades while you make money in a percentage revenue sharing formula you have agreed with the copiers. This is obviously a way to profit from your skills and make additional revenue. To access this service, open an FBS account of your choice or use an existing one. Switch to the copy parameters and have others copy you.


Follow these steps


1. Open a trading account or use an existing one


Choose an account type that suits your trading style or start right away with an existing account


2. Go to the account page


Go to your personal area and choose an account you’d like to allow for copying


3. Switch on the copy parameters


Click on the “start earning with copytrade” in your trading account settings and set up your profile.


To let people copy your deals, make sure the following is valid:
– the balance is $100 or more
– your account is verified


4. Trade and get a fixed 5% monetary reward


Hit the “start” button and get your monetary reward.


Languages


FBS provides support in over 18 languages including, english, french, spanish, german, arabic, portuguese, zulu, vietnamese, thai, malay, indonesian, chinese and more.


Currency pairs


Currencies are divided into two main sorts – major currencies and minor ones. The major currencies are derived from the most powerful economies around the globe – the US, japan, the UK, the euro zone, canada, australia, switzerland and new zealand. Together with the other currencies they create forex pairs.


FBS offers 35 currency pairs to trade. Cryptocurrencies are not available on the platform.


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Max leverage & spread


Leverage


Leverage depends on your account type, from1:50 to 1:3000.


Spread



  • Floating, starting from 0.2 pip;

  • Fixed, starting from 3 pip;

  • Trading without spread (fixed spread of 0 pip).


Deposit & withdrawals


Depositing methods


FBS provide 7 deposit methods to fund your account. Choose a payment method most convenient for you.


FBS Broker Review 2020


Withdrawal methods


FBS provide 6 deposit methods to fund your account, the use of local exchangers is excluded. Choose a payment method most convenient for you.


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Trading platform


Metatrader 4 (MT4)


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Platform features – MT4



  • More than 41 tools: currency pairs, CFD and futures

  • The same login data to enter all the platforms

  • Low spreads

  • Full functional expert advisors (EA)

  • One-click trading and embedded news

  • Available on: android, apple IOS, windows, web, macos, multiterminal.


Metatrader 5 (MT5)


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Platform features – MT5



  • Technical analysis tools: 50 indicators and charting tools

  • 3 types of charts

  • Micro-lot accounts (optional)

  • Hedging positions

  • VPS service support

  • Available on: android, apple IOS, windows, web, macos.


FBS trader


The FBS trader is a good as the mts with cutting edge features. Execution speed, access to trade over 50 currency pairs with the best conditions, detailed information on contact type, order volume, current ask & bid price, take profit and stop loss information. This option is great to get started with. The downside is that it is only available on android and apple IOS only.


Technical analysis


FBS market analysis is fairly robust, spanning across,


Tutorial videos and webinars


Forex trading strategies


Forex trading calculators and tools.


Personal account manager


With an effective customer support 24/7, personal account managers are not assigned to trading accounts. You however can get answers quickly to questions via live chat and callback options.


If your question is much more specific, you can email support or contact FBS via live chat.


Training and education


With a well-developed training suite for learning, FBS clients have a bucketful of valid and up-to-date market information. Online resources include tutorial videos, guides, forex TV, seminars & webinars, ebooks and more.


Forex trading signals


As a client, you’re granted free access to daily trade signals and ideas on your favorite currency pairs and the market generally. Entry, exit points and stop loss levels are precisely spelt out. This is why half of FBS investors double their initial deposit 8-10 times over.


Social trading


Enjoy the same profits as the professional traders and make your money work for you. Open an account and start copying the top traders on the platform, when they make profit, you make profit as well.


FBS Review, fbs reviews 2021.


Final thoughts


With a solid reputation and remarkable feats attained in the last decade, FBS is no doubt a market leader in the forex trading and investment business. With its numerous outstanding awards and positive investor reviews, FBS is a broker with great future prospects. It however needs to expand into newer regions especially the top tier countries.


Pros & cons



  • Cent & micro account starts at $1 and $5 respectively.

  • IFSC license.

  • Multiple account features to suit a variety of traders.

  • Trading platforms – MT4, MT5, FBS trader.

  • Innovative technology and cutting-edge trading features.

  • High leverage position from 1:50 – 1:3000.

  • Spread from 0.2 pips, no requotes.

  • No commissions except the ECN account ($6).

  • 100% deposit bonus on funding.

  • Clarity on all trading account features.

  • Excellent copy trading system.

  • Responsive customer support 24/7.




  • Trading of cryptocurrencies, not available.

  • Limited by geography. USA, UK, canada, japan, israel, myanmar, brazil, malaysia excluded.

  • High spread on cent account.






So, let's see, what we have: unbiased FBS review updated in 2021: read the facts you must know before you open an FBS broker account for online trading. At fbs reviews 2021

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