Is fbs a scam

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FBS Review: Is FBS A Scam? No, But It; s Not Worth It, is fbs a scam.

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FBS review: is FBS A scam? No, but it’s not worth it!

If you’re interested in the stock market and foreign exchange as a way to make money online then you’ve probably come across FBS and maybe you’re interested in trying the platform out or still on the fence because you’re unsure if it’s legit or just another scam.

So I did a lot of research and this review is about what I found out about FBS. I suggest you read on to know more about what you’re about to get yourself into. After this review, you’ll be able to make a better judgment about whether to try FBS out or not.

By the end of this review you’ll know:

A background on FBS

How it works

What tools FBS offer

The pros and cons

If it’s A scam

And lots more

FBS review in A nutshell

Product description: international brokerage company

FBS is a forex company that operates in more than 190 countries. It claims to have 410,000 partners and 15,000,000 traders. FBS offers seminars and events that provide training materials and trading technologies. They claim to cater to both beginner and professional traders.

Overall, I’d say FBS is legit but there are a few some red flags you should know about.

Overall

Lots of tools

Cheap capital

No info on who runs it

Doesn't operate in large markets because of legal restrictions

User review

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What is FBS exactly?

FBS prides itself to be an award-winning international forex broker since 2009. FBS started in belize and later on expanded to cyprus then to other parts of the world.

Want more idea about what forex is? Here's a helpful explainer video:

One thing I can tell you is that award committees do not easily give out recognition without doing a lot of research. I must say, FBS passed the legitimacy test with flying colours here.

FBS is also regulated by european financial authorities making them a legitimate forex trading company. (I’ll give you more details about these licenses later on)

Although the claim to be partnering with FC barcelona adds to their credibility, the lack of information on who runs it doesn’t sit well with me. I mean come on, if I join a company, I’d like to know who’s behind it to make sure he’s not just another scammer and that what I’ve read are not just hyped-up claims that will fail to materialise.

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How does FBS work?

First, you make an account by clicking “open live account”. After entering your information, click the “open an account” button. A single mission password will then be emailed to you to verify.

Although FBS offers a total of 6 account types internationally, EU clients are only offered the standard account.

This tells me that the other account offers don’t go in line with EU financial regulations. So to avoid losing their license, they just offered that one account.

Here’s a list of the account types FBS offers:

Cent account – this is designed for tyro traders (beginners) who’d like to try their skills with live trading. This starts with a $1 opening balance.

Micro account – this is designed for traders who want to calculate their exact profit. This starts with a $5 opening balance.

Standard account – this is designed to be the regular account. This starts with a $100 opening balance, for EU clients thought the opening balance is €100.

Zero spread account – this is designed for fast speed traders.

ECN account – this is for traders who want to experience ECN technology.

To test the waters, FBS also offers a:

Demo account – this is designed to allow a trader to simulate the actual trading platforms minus the risks for free. This kind of account is filled with virtual funds of up to one million dollars.

In my opinion, they offer these various trading accounts to cater to the needs of different kinds of traders, so there’s an account for everyone and fewer reasons not to try it out.

FBS is an international company BUT is not available to traders in japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran. That’s a major red flag to me there. These countries have great market potential but FBS is not available for them.

Here’s what I think the reason is:

Japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran have tighter financial regulations and may have already seen this might create issues. The trouble could be in the system itself or in obtaining the necessary licenses.

Whatever the case, I think they are evading these countries for legal restrictions. And I know restrictions are made to prevent fraud.

FBS trading platforms

FBS uses MT4 and MT5, products of metaquotes software corporation, a company that specializes in developing trading systems.

MT4 was developed in 2004 and MT5, its updated version was developed in 2010. The 2 platforms basically look alike. The only difference is that because MT5 is more recent than MT4, so it offers more features.

Both these platforms can be accessed using windows and MAC computers.

How about for other gadgets?

This is also available as an app. That's a big thumbs up for FBS.

They also have an FBS copytrade platform; a social platform that allows traders to copy expert traders’ strategy for a commission. This will be really helpful for those who don’t know all the ins and outs of forex trading.

Other FBS tools

1. Personal area mobile app

It allows a trader to access his demo and real accounts, managing them all in one place. From this app, you can manage your personal profile and add or withdraw funds from those accounts.

Makes things more convenient, great to know!

2. Economic calendar

You can find this at the MT5 platform or on the FBS markets website. It shows the time and date of events that impact the forex market. You can then use this to make analyses and calculated forecasts.

3. Currency converter

This can help a trader who has a different currency from the trading instrument. You can then use this tool to convert currencies based on prevailing rates.

4. Trader’s calculator

This can help you estimate potential profits in a specific trade.

5. Forex news

The news is grouped into categories to help you check when the best time to trade is.

6. Forex TV

Allows you to access weekly marketing insights giving you a better picture of the trading status.

What I like about FBS

What I don’t like about FBS

No info on who runs it

It doesn't operate in large markets because of legal restrictions

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Is FBS A scam?

Although I’ve mentioned a few red flags, I’d still say FBS is legit and here’s why:

FBS market inc. Has the registration number: 119717

IFSC regulates it and gives it the authority to operate with the registration number: IFSC/60/230/TS/19

FBS.Eu is the european branch of the company. Trade stone ltd is its operator, an investment firm in limassol cyprus. Cysec regulates and gives it authority to operate with the registration number: 331/17

As a regulatory directive, FBS keeps the traders’ funds in a different bank account and claims that is it now used for company operations. The good thing with this is even if a broker becomes bankrupt, trader’s investments are safe.

EU clients are protected by the ICF. This means that if FBS collapses, investors can receive up to €20,000 as compensation.

As protection against fraudsters, FBS implemented standard digital security which involves encrypting its website and platforms with SSL.

When a company goes the extra mile to obtain these licenses and security measures, I’d say they’re legit, because if they were not, they’d be behind bars in an instant.

Other than that, they’ve been operating for 11 years, I’d say that much history won’t be possible if they were just scams.

But here’s the thing: even if I believe that they’re legit, I’d still not recommend it to you. Legitimacy doesn’t erase the inherent risk that comes with forex.

The bottom line

Overall I’m pretty impressed with FBS's platforms and history. Plus I put them in the legit list because of the licenses they obtained.

But like what I’ve said earlier, I still won’t recommend it to you.

If I’d give you a bit of advice on how to make money online the legit way, I’d avoid anything that comes with a lot of risk like forex.

As always with these programs, there's a lot of hype around how much you can make, but they don’t say anything about how much you could lose.

The risk warning down at the bottom of the website is just another way of saying there’s no guarantee you can earn from this.

Remember, forex’s last name is risk. Forisk.

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It’s legit minus the risk forisk comes with. (I’m getting used to that word now!)

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FBS review

Overview

The company FBS was founded in 2009 and today it’s among the most popular brokers of the world. The company has managed to become the favorite currency trading solution for many traders around the globe.

Details

broker	FBS
website URL	www.Fbs.Com
founded	2009
headquarters	russia, st. Petersburg, ul. Professor popov, 37
support number	8-800-555-444-2
support types	chat, phone, call back, email
languages	english, japanese, turkish, portuguese, korean, german, etc.
Trading platform	metatrader 4, metatrader 5, webtrader
minimum 1st deposit	$1
bonus	bonus for the first deposit 100%
leverage	1:3000
spread	from 0 points
free demo account	open demo
regulated
regulation	IFSC (№/60/230/TS/17), cysec (№331/17)
account types	standard, cents, micro, unlimited, zero spread, ECN
deposit methods	credit/debit cards, bank transfer, skrill, cashu, OKPAY, RBK money, QIWI, FBS master card, neteller, yandex.Money, ru, webmoney, etc.
Withdrawal methods	credit/debit cards, bank transfer, RBK money, QIWI, FBS master card, neteller, yandex.Money, webmoney, etc.
Number of assets	40+
types of assets	currency, metals, CFD, crypto-currency (bitcoin, ethereum, litecoin, dash)
account currency	USD, EUR
US traders allowed
mobile trading
overall score	9.0/10

Full review

Certainly, as their potential customer, you’d like to learn whether this company’s another fraudster or a serious company, full of impressive features, and which provides a functional trading platform and ensures fast withdrawal of earnings. Your curiosity will be satisfied below.

The FBS brand, which is well-known all over the world today, actually belongs to the organization FBS markets inc., founded in 2009 by combining several successful dealing centers. The broker’s mission can be defined as follows: the creation and implementation of high-quality services in order to maximize the needs of investors. In 2016, more than 2 million traders joined the company. Since that time the number of clients on the platform has drastically grown and the company is still booming. Undoubtedly, in many respects, this speaks to people’s trust in the organization. Today FBS is represented in more than 190 countries around the world. It successfully cooperates with a wide network of partners (approximately 300,000 companies). Up to 7,000,000 traders make use of this platform on a regular basis. The broker works transparently and honestly, and it pays much attention to the professionalism of its employees. One of its indisputable advantages is constant improvement of the services provided. Moreover, the list of available options for trading is lengthened on a regular basis. On FBS’s official website, the broker rightly notes that its platform ensures convenient and easy trading in the foreign exchange market (here you can learn the whole truth about forex).

The company offers a variety of high-quality investment and financial services in europe, asia and the CIS. It has offices in egypt, indonesia, china, malaysia, thailand, etc. The prestigious awards the company has won comments on the internet, including the recommendations of the platform by the clients, testifies to the company’s seriousness liquidity providers as well as custodians of clients’ funds are represented by such serious financial organizations as bank of america, citibank, jpmorgan, goldman sachs, etc. Trading takes place with the help of such reliable and sophisticated software solutions as metatrader 4 and metatrader 5. These platforms have been recognized by traders around the world as the best and most functional because of their excellent functionality. The terminals support the installation of new indicators and advanced trading systems for deep market analysis. They allow the use of pending orders, automatic trading advisers, hedging, scalping, and mobile trading, not to mention the display of the most actual market news. By the way, a convenient trading terminal, webtrader, can be launched in your browser.

Among the advantages of this forex and CFD broker, we note the high speed of execution of orders, the absence of slippage, low spreads and the minimum threshold for entering the market ($1). Additionally, it offers free account insurance. Its clients can receive a plastic card to conduct purchases throughout the world. Different assets (metals, cfds, most popular cryptocurrencies, etc.) are available to the company’s clients. To ensure that trading is a simple and understandable process for users, FBS organizes free seminars for both newcomers and experienced traders, provides high quality materials, profitable forex strategies (learn here how to choose a forex broker), and market analytics. The company has a convenient website, full of useful information. It’s translated into many languages, which makes it more comfortable to work with.

Replenishment and withdrawal of funds

The CFD and forex broker FBS has gained wide popularity in many areas due to a careful and substantial approach to its services. The company has done a lot to make interaction with the site comfortable and profitable. Different payment systems can be used for transactions in the system.

Methods of replenishment /withdrawal of funds include:

Bank transfers (visa/mastercard),

Electronic payment systems (NETELLER, skrill, perfectmoney, OKPAY, astropay, etc.),

Crypto assets (bitcoin, mybitwallet).

The terms of transaction range from 15 minutes to 5 working days, depending on the service that the trader uses.

Complaints about FBS

FBS is a popular broker. It’s actively used by a large number of traders, so you can find a lot of reviews about it on the internet. As for the most positive comments, the clients of the platform note the excellent reputation of the broker, favorable conditions, rapid execution of transactions, the availability of insurance, demo trading, interesting bonuses and contests, as well as adequate spreads, fast and simple withdrawal of earnings without delay (including cryptocurrencies), and qualitative analytical materials.

Some traders recommend the company as one of the best on the market for reliable and stable cooperation with a possibility to earn a decent income. Also, a manager works online on behalf of the organization. He studies the comments of traders and answers their questions, which proves how crucial it is for the broker to be in touch with its clients.

Among the negative aspects, traders point to feedback issues (long wait time for answers from the support service), delays in withdrawal of funds, trade in scalping (slow execution of orders), unprofessional managers and long verification.

If we find complaints about FBS, we will post it on social media. Follow us to be well informed:

Is FBS a scam?

FBS is an impressive international organization with extensive experience. Today it can be rightly called a leading forex/CFD broker. Representation in more than 190 countries of the world, cooperation with more than 7,000,000 traders in asia, europe, russia, etc. – all of this clearly speaks about the fact that investors trust their money to this market leader. The brand has an active position and many prestigious awards. Offering a variety of unique opportunities and favorable conditions to its clients, the organization doesn’t grow stagnant. It proceeds with its mission: to satisfy the needs of investors, constantly develop, improve services and ensure stable and comfortable trading.

Favorable working conditions are the first thing that traders from all over the world notice on this site. Traders enjoy low spreads from 0.2 points, comfortable leverage up to 1: 1000, fast execution of orders, no slippage and a low entry threshold (from $1). For trading, only up-to-date financial instruments are available: forex, CFD and digital coins (learn here how to quickly earn on crypto assets). A well-built service is the next advantage of the company. Traders appreciate the company’s informative website, a large choice of transaction options, professionalism of the support service, materials provided, and relevant market analysis. The training process is also well organized here: the site materials are constantly updated and free seminars are held, which would be useful to any trader regardless of his or her trading experience.

It’s crucial for a leading broker to offer its clients such attractive options as automatic trading, scalping and hedging. For its users the company has come up with the best solutions: the trading process takes place in the time-tested terminals, highly praised by traders around the world (metatrader 4 and metatrader 5). Of course, the FBS broker needs to do everything to ensure that its clients feel secure while working in the market, so the issue of regulation of the organization is of supreme importance. Today the company has been licensed by serious financial bodies (IFSC, cysec), which increases its credibility in the eyes of users and proves that it’s not a fraudster but rather a reliable and trustworthy trading platform.

The company is quite popular with traders. There are a lot of reviews about it on the internet, and most of them are positive (as a rule, traders praise the company’s high reputation and its extensive experience, favorable conditions, high quality services and many useful options). Of course, there are also negative aspects of the platform, which mainly relate to problems with the withdrawal of capital, unprofessional managers, long verification, etc. Do note that a representative of the organization works online, analyzing the comments of the clients. This proves that it’s important for the company to see the real problems that users of the service face. Of course, you’d like to know whether we should regard FBS as another scam or not. Well, having thoroughly studied the capabilities of the platform, today we can confidently say – no! This decision was influenced by the impressive experience of the company, the constantly growing number of customers, a lot of useful options, the presence of regulation, and highly responsive support managers.

Regulation of FBS

The broker belongs to FBS markets inc. (registration number: 119717). It’s important for the company to provide its users with a reliable working platform, so the issue of regulation is taken very seriously. Today FBS has the licenses of the following financial bodies: IFSC (no./60/230/TS/17), cysec (no. 331/17).

Conclusion

Today the forex/CFD broker FBS is the undisputed leader in the market. It’s a trustworthy international organization with a wide range of work experience, many prestigious awards, and an impressive number of clients all over the world. The constantly growing popularity of the broker can be explained by its thoughtful and high-quality service, the provision of really profitable terms of trade, a rich choice of assets, unique options, and its adherence to regulation. Undoubtedly, all of this attracts new customers to the platform.

On the platform traders can work with the most popular financial instruments – crypto assets (here you can read the whole truth about digital coins), forex, CFD – so a decent income is guaranteed. For high-quality work, traders can use the company’s highly informative website, where they can find analytics as well as training materials. Right now we won’t label FBS as a scam, but we’re waiting for feedback from traders about the platform. This feedback might warn investors aboutt various issues, which might show up on the platform in the future and also impact the company’s rating on our web portal.

Is FBS a scam?

What is the FBS and how it works?

Can you make money with this platform?

We know that there are many trading platforms the promises you to make money, but many of them are just scams and ponzi schemes

In this FBS review, we are going to cover what is the price to join, what is the compensation plan, what kind of products they have, and whether people making money.

Let’s get right into that.

Disclaimer
please note, I am not a member or an affiliate for FBS. This review is based on research and information available online in the public domain.
Any recommendation and conclusions are only opinions and may not apply to all persons or situations.

Overview

Name: FBS
website: www.Fbs.Com (or FBS.Eu for EU market)
price to join: $1 to $1,000
recommended: not really. Still, it is an MLM company.
I recommend affiliate marketing. Check the pros and cons of both business models (affiliate marketing vs. MLM).

FBS summary

FBS is an international online broker that offers to trade in forex. This is supposed to be a friendly platform for beginners and advanced traders as well.

However, there is no information about who runs this company.

This company is regulated in the EU by the cyprus securities and exchange commission and by the international financial service of belize.

However, FBS is banned in big trading markets, like the USA, canada, or japan.
The service they offer seems legit, so it is not quite clear why they do not operate in those big markets.

The good thing about the FBS is that the minimum deposit can be $1 (depending on the specific account).

From first sight, it is not quite clear whether FBS is a scam or not, although I would recommend searching for more legitimate platforms.
The reason being is that there are some issues (red flags if you will) with the FBS.

For example, there are a lot of people complaining about the withdrawal process, and also that FBS support is not responding.

My recommendation is – not to get involved with the FBS.

There are many legal ways how to generate consistent income.

I personally prefer affiliate marketing, where I run one website that generates me 4 digits online.
Here is a link to the method I have been using since 2017.

What is FBS?

FBS is an investment company that helps you to generate profit by marketing their services and products. The company was founded in 2009.
According to their privacy policy, this company is regulated by the cyprus securities and exchange commission.

Cyprus is a well-known country due to the fact that a lot of scammy companies have their headquarters there. Now does it mean right away, that FBS is a scam?

No, at least not at this point.

FBS is basically a forex trading company offering services. They also offer education products for forex trades.

The company claims to have more than 15 million active traders in more than 190 countries.
Based on the number of monthly visits the site FBS.Com gets, it is probably about right.
(the site FBS gets more than 2M visits per month).

We are going to find out that people from certain countries (like the US or UK) can’t register with the FBS.
This to me is a red flag.

A person who is allowed to register (the list of countries below) can earn money once opens one of the accounts (we will get there in more details in a bit).
There are 2 ways how o make money:

The first way is to through investing and trading

The second way is to promote FBS and make commissions

One must be careful when it comes to investing; there are many companies that are literally pyramid schemes, or ponzi schemes (just like beurax or petronpay).

I am sure you know that FBS works as a multi-level marketing company.
You will be paid according to the number of people below you. In fancier words, when you build your team.

Of course, this recruiting part is optional but make no mistake.
The only real money is in recruiting.

So let’s dig a bit deeper.

Who runs the FBS?

It is not clear who the owner is.

I find this as a red flag since most legitimate companies reveal who the CEO or founder is.
Unfortunately, it is not the case with the FBS.

What I also find disturbing is a fact that this company reveals a number of shell companies operating from:

FBS inc. In the marshall islands

HDC technologies ltd in cyprus

FBS markets inc. In belize

Nevertheless, they have their own youtube channel and the person that walks you through webinars is elizabeth belugine.
According to her FB profile, she is from st. Petersburg, russia.

Most likely she is not the founder and only works for FBS.

For example here is a video where she explains, what are the advantages of the forex market?

There are also a lot of videos including webinars that have about 1 hour (or more).
I am sure there is a lot to learn.

Who is it for?

FBS seems like a good platform for both beginners and advanced traders.

As mentioned above, there are certain countries where their service is not available.
Let’s take a look at the countries that are banned from using their services

Canada

Japan

Brazil

Israel

Myanmar

Iran

Why?
Could it be that these countries have strict regulations against scammy companies?

Here is the list of countries where 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.

Is FBS a pyramid scheme?

It is important to distinguish between regular MLM and a pyramid scheme.

The fact is that every MLM company has routes in a pyramid scheme.
To make it legitimate, a company must offer retail products.

The distributor or IBO’s (independent business owner) should be able to earn solely from selling these products – whether it is a tangible product (like in the mary kay or amway case) or it could be course or service.

By now we know that FBS offers services, so it can’t be called a pyramid scheme.

But if you want to know how to post a pyramid scheme here is a short video:

How to register with FBS?

You can open an account assuming you are not from the banned country.

Just enter your email and then you will have your account information assigned.

Before you can make a deposit, you are required to fill out the survey.

It concerns your personal data like

Date of birth

Citizenship

Your address

Phone number

And other questions that I personally find annoying.

Are you a politically exposed person

How many times did you trade over the past year?

What is your employment status and your “sphere”

What is your source of income and your net annual income?

Then based on the results you get the retail status with a recommended deposit you can trade.

After that just select the way how you want to make the deposit.

What products (accounts) does FBS offer?

These are not exactly products, but rather accounts you can open.

Standart – this is for experienced market players. The initial deposit is $100.

Cent – this is for beginners, people who are just starting to learn about forex and that is why the initial deposit is $1 only.

Micro – fits the best for those who like math and can calculate their profit. The minimum deposit is $5

Zerospread – this is for those who like trading fast. The minimum deposit – $500.

ECN – and finally, this account is the best for those who are confident and want to trade with the ECN technologies. The minimum deposit is $1,000.

So depending on your experience you can start with $1 or $1,000.

You have both (MT4 and MT5 )metatrader platform available also as mobile apps.

These apps allow trading on financial markets via android and ios.
You can also monitor your account status, buy and sell financial instruments, or track the history of trades.

Compensation plan

Most MLM companies have a pretty tricky compensation plan. In many cases, you have to through 20 to 40 pages, and it is still not clear what the deal is.

FBS offers a pretty simple compensation plan.
They use a 3 level system (uni-level) that looks like this:

The trading commission is paid down to 3 levels:

Level 1 – you get 100% on the trading activity of your affiliate (or trader)

Level 2 – 15%

Level 3 – 5%

Is FBS a scam?

FBS is not an outright scam.

People who are just getting started, earn money
but the problem seems to be with support and communication when it comes to withdrawal.

Also due to the MLM structure, I am afraid that most people will not make enough to pay the bills.

Don’t get me wrong. There is certainly a great opportunity to make money with forex.

But I would be careful joining shady companies with unclear ownership and yet operating from a scammy friendly country.

My advice – if you want to learn how to make money with forex, do more research and find a legitimate company with a history that does not ban certain countries.

Please note, that whenever there is an MLM structure involved, it always works as the following:

Before we wrap up…

A long time ago I was involved with one MLM company, and it did not work out.

I went through a lot of jobs and eventually I have learned something about online marketing.

Long story short, now I know how to create a website that drives free traffic, and most importantly, this website earns me 4 figures.

There are plenty of ways on how to make money; I personally think that being in online marketing is the best way to go.
To be more specific I earn money with affiliate marketing.

At the bottom of the post, there is a link that directs to my #1 recommended platform.
It concerns one specific educational platform that teaches how to create a website that generates income.
I am sure you know that it takes special knowledge to succeed online. And this is a perfect platform that teaches everything, step by step from the basic stuff to advanced one.

What I like about FBS

The compensation plan that is simple and easy to comprehend

Long established company (based in 2009)

MT4 and MT5 integration

What I don’t like about FBS

Not available in big trading markets

No information about who runs the company (who is the founder or CEO?)

They have linked shell companies operating out of belize and marshall islands

Conclusion

It does not seem that this is a scam.

Unlike many other forex trading systems, FBS wants their clients to know, that forex trading is very risky and you should use money that you can lose.

However, there is still a number of major red flags that are disturbing.
I personally don’t recommend it.

Remember that, when it comes to investment, keep in mind the following rule:

Don’t invest more than you can afford to lose

I would be glad if you can share your personal opinion about FBS. Please use the comment section below, I am sure your opinion will appreciate it by other readers.

Also, in case you have questions don’t hesitate to ask.
I will do my best to provide you with feedback within 24 hours.

Thank you for reading,
mike

How to get started with affiliate marketing?

I have been a member of wealthy affiliate since late 2017 without a prior marketing experience.
Beginning of 2018 I have learned how to build a website that drives traffic and makes sales.

Since the summer of 2019, I am a full-time internet marketer and I work from anywhere I want, whenever I want.
Training within wealthy affiliate teaches how to generate a consistent income in the long run.

FBS is scam

Davidnguyen

Recruit

I made a money on FBS. When I'm profitable but they do not want to send money to me.

It's funny when they say they do not have enough money.

I made withdrawal 36$, but till today I have not any funds on my bank account.

FBS official rep

FBS representative

I made a money on FBS. When I'm profitable but they do not want to send money to me.

It's funny when they say they do not have enough money.

I made withdrawal 36$, but till today I have not any funds on my bank account.

We would like to clarify the situation here.
First, we would like to draw your attention to the fact that your bespoken account is 50$ bonus account.

Please, kindly be reminded that according to the 50$ bonus promotion conditions:
each client/computer/IP can open only one “bonus 50” account. It is prohibited to work through proxies or using any IP-address modifying software. Opening the second bonus $50 account is impossible even after bonus funds are charged off.
Upon suspecting fraudulent activity on the bonus account, the company reserves the right to deduct the entire bonus amount and profit made with the bonus account without notice. In this case, the decision is beyond contestation.
Unfortunately, it has been found out, that your bonus account has violated the bespoken promotion conditions, that is why your bonus account has been blocked.
Also, we would like to inform you that each account is submitted to a very thorough examination, which includes more that just searching for the matching ips.
However, you are still eligible for our other bonuses, such as the bonus 100% on deposit, for example, where you may receive a 100% bonus of your deposit amount, for every deposit you make.

Thank you for your kind understanding!

Davidnguyen

Recruit

FBS official rep

FBS representative

Can you kindly clarify, what you feel is a lie? I'll be happy to explain.

Davidnguyen

Recruit

FBS official rep

FBS representative

If there is anything else I may help you with, please let me know.

@fxmaster since the client clearly violated the promotional conditions and is unable to provide further information for his case, I ask you to resolve this discussion.

Davidnguyen

Recruit

I have two questions hopefully you will be able to help me:

1- where your policy on the promotion conditions page?
- I only see this reason: "FBS reserves the right to refuse a client in bonus granting with no reasons given or without prior notification;"

2- even my real money account can not be withdrawal

Note: I do not want to give scamer my visa card information

FBS official rep

FBS representative

I have two questions hopefully you will be able to help me:

1- where your policy on the promotion conditions page?
- I only see this reason: "FBS reserves the right to refuse a client in bonus granting with no reasons given or without prior notification;"

2- even my real money account can not be withdrawal

Note: I do not want to give scamer my visa card information

Of course, I will be happy to help.

1. You may view the full list of promotional conditions in your personal area, by following this link: https://my.Fbs.Com/bonus/bonus50 and I am also attaching the screenshots of the conditions. For your convenience, I also highlighted the promotional clause that you violated.

2. In regards to your funds' withdrawal. Please refer to the customer agreement. Https://fbs.Com/docs/agreement_en.Pdf clause 5.2.7 states:

5.2.7. If an account was funded via debit or credit card, a card copy is required to process a withdrawal. The copy must contain the first 6 digits and the last 4 digits of the card number, cardholder’s name, expiry date and cardholder’s signature.

We would like to remind you, that visa/mastercard is a payment system, that allows only a refund of the deposited funds.
This means that you may withdraw back to your card, up to 100% of the initial deposited amount via credit card.
The amount over the initial deposit (profit) can be withdrawn to other payment system.

Kindly note, that you can cover your CVC/CVV code on the back side of the card, on the back side of your card we need to see only your signature since without it the card is considered invalid.

We hope we have managed to clarify all misunderstandings.
Please let us know if you need additional support.
FBS official

Attachments

4evermaat

2nd lieutenant

This is exactly why ESMA and similar jurisdictions ban or discourage bonuses. They are designed to confuse or trick traders into making deposits and create a confusing environment in which they can issue withdrawals.

Bonus aside, the client should still be entitled with withdraw of all deposits +/- profits or losses. Why some brokers go out of their way to have confusing conditions for their clients is beyond me. But then again, I try to avoid bucketshops.

Edit: why would you accept a deposit without making sure it was fully cleared first? That is AML 101. There should be 0 problems with withdrawal, because all of this information was supposed to be requested upfront.

FBS official rep

FBS representative

We are happy to hear out your opinion on this matter. Though we beg to disagree. Please, kindly take into consideration, that 50$ bonus doesn’t require any deposits. The profit from this bonus can be withdrawn after 2 lots are traded, and profit reaches over $25. Depositing to the bonus account is available, but not obligatory.
Also, all conditions are available for review before opening bonus account, i.E. A client can read them beforehand and decide if they fit his/her criteria or not. Also, we may assure you that we never tried to “confuse conditions” and bespoken condition was from the very beginning of the bonus launching.

As for withdrawal, you are absolutely right - a client should be able to withdraw his/her deposited funds, and as you may see, the customer was not prohibited to withdraw his deposit, we just asked him to provide the documents for security reasons and withdraw to the payment system, which was used for deposit. Again, we beg to disagree with your point of view that the company must request card scans upfront. The company must give notice to the customer, that the documents will be required, and in our case any client can find such notice in the customer agreement. Upon reading which he/she can decide if he/she wants to provide such documents and, therefore, deposit by card or not.

FBS review – is FBS scam or legit broker?

Rating

Demo trading account

3-5 money pairs, including metals, cfds and crypto

Full licensing and regulation with IFSC and CYSEC

Metatrader 4 along with metatrader 5 to mac, windows, ios along with android

A little bit clunky to navigate to desired sections

Sourcing the right information is only a little difficult online

Not easy to understand unique benefits/merits of each account type

FBS could be the name of this forex broker which trades under FBS markets incorporated. The business ‘s registration number is 119717, also it’s fully governed by the cyprus securities and exchange commission (331/17) and also IFSC (permit #IFSC/ / 60/230/TS/ / 17). This forex brokerage delivers a vast selection of currency pairs, and higher leverage on certain account (1:3,000), completely free deposit insurance policy, thorough payment systems, and also very low hazard balances for novice traders. At profits of trading money pairs together with FBS would be the next:
* there are no requotes
* high leverage of 1:3,000
* all reports have been offered to 5 digits
* all commissions are all insured by FBS
* traders love 24/7 professional assistance
* eas and expert trading approaches allowed

Overview/ desktop

FBS is actually a fully licensed and regulated forex trading brokerage. It’s controlled by FBS – a trading thing of several businesses including tradestone limited (number 353534), parallax inc (#VC0100), and also FBS markets inc (number 119717). This forex brokerage is fully licensed and governed by multiple jurisdictions including IFSC (international financial services commission) of belize. The IFSC permit #is IFSC/60/230/TS/17. FBS can also be fully licensed and governed by the cyprus securities and exchange commission (CYSEC) using permit #331/17 to supply a real income forex currency trading solutions to legal era traders around europe.

FBS provides multiple currency pairs including majors, minors and exotic pairs for people in most completely controlled authorities. Back in japan, thailand, myanmar, along with brazil that the services offered by FBS is obtained through parallax inc.. The trading tools supplied via this brokerage include contracts for difference (cfds), metals, and even forex pairs. The forex pairs incorporate multiple monies like the AUD/USD, BTC/USD, EUR/USD, EUR/AUD, EUR/CAD, EUR/CHF, AUD/CHF, CAD/CHF and heaps of other folks.

Account types

There are multiple account types in FBS, each offering different dictate reductions, marketplace executions or maximum available places along with pending orders. The 6 accounts kinds comprise the next:

Cent account – dictate drops starting at 0.01 through 1000 penny lots and marketplace executions out of 0.3 sec STP. The utmost open places and also impending orders payable is 200.

Micro account – arrange drops from 0.01 through 500 lots and marketplace executions of 0.3 sec STP. The utmost open places and also impending orders payable is 200.

Standard accounts – dictate drops starting at 0.01 through 500 a lot of marketplace executions starting at 0.3 sec, STP. The utmost open places and also impending orders payable is 200.

Zero spread accounts – dictate drops starting at 0.01 through 500 lots with marketplace executions out of 0.3 sec, STP. The utmost open places and also impending orders permissible is 200

Unlimited accounts – together with order amounts from 0.1 to 500 tons with short-term marketplace executions without trading limits.

ECN accounts – dictate drops starting 0.1 through 500 lots with ECN marketplace executions without trading limits.

With respect into account types, a few 3-5 money pairs have been encouraged including 4 cryptocurrencies, two cfds, along with 4 alloys. The single real exception for that is your ECN accounts type.

Trading platform/ applications

The FBS trading platform comprises metatrader 4 and also metatrader 5. All these are ideally suitable for forex traders using windows or mac. In addition, the metatrader software is fully appropriate for ios along with android apparatus so you are able to trade out of any smartphone tablet computer or phablet. The trading platform can readily be downloaded via the programs, also there are numerous features inherent from the metatrader programs.

For instance, metatrader 4 supplies a few 4 1 tools for example futures, cfds and money pairs. Additionally, there are reduced spreads, both eas and 1-click functionality. The computer software also lets users make use of a similar username/password combo. Metatrader 5 features comprise calculating functionality, micro-lot reports, VPS service support, as well as hedging. Forex traders need to download applications such as windows, ios, android, webtrader, multi-terminal, or even mac systems.

Deposit options

Deposit options comprise a multitude of neighborhood payment methods like visa, mastercard, skrill, bitcoin from skrill, perfect money, astropay, cable transfer, along with NETELLER. All residue options are ensured secure, as a result of stable socket layer technology and also the maximum encryption protocols. Once you’re all set to earn a deposit, then only log in your accounts and browse into the cashier. It’s possible to get a deposit on your forex, and also the deposit amount will be converted into USD/EUR dependent on the established exchange rate. To produce a deposit, then browse into a private area during the financial surgeries category. Deposits which is created via EPS are immediately processed, though other payment processing approaches usually take as many as two hours during business hours. The most period for you to process a deposit via electronic payment systems would be 48 hours from the moment of its own production. Wire transfers may take around seven business days to process.

Markets

The marketplaces have been divided into three broad classes including forex, metals, along with CFD trading. There are additional marketplaces including cryptocurrency trading including as for example ethereum, dash, bitcoin etc.. There are a few 3-5 money pairs, 4 cryptocurrencies, two cfds4 and 4 alloys which traders may enjoy.

Currency pairs comprise: AUD/CAD, AUD/CHF, USD/JPY, USD/EUR, GBP/USD and many others. In general, you can find numerous dozen forex pairs including majors, minors and exotic money pairs.

Metals trading: metals consist of palladium, platinum, XAG/USD along with also others. All these are traded with nominal spreads along with many different elements are comprised like prevent amount, swap short, swap, and also the common spread.

CFD trading: this consists of BRN, DAX 30, WTI yet also others.

Bonuses

There are dozens of bonuses and promotional supplies now offered by FBS. These incorporate a $50 incentive to trade forex without a deposit needed. Traders will possess leverage 1:500 to enhance their trading actions. To make up for this incentive, the complete registration is required. There are additional promotional supplies out there. These contain the subsequent:

A 100% deposit bonus

Promotional substances made to improve your trading achievement

Other supplies incorporate the bonus $1 2 3 that offers ‘7-day bonus trading’ with infinite benefit potential and boundless accessibility. No confirmation or contact details will be necessary with this incentive. There are cashback supplies offered to forex traders, also FBS is your only real provider of cash-back services. The bonus level is left up to 15 USD a lot traded and there’s an infinite incentive trading span, boundless benefit potential, no expiry with this particular promotional offer. There are quite a few different bonuses available, and so they may be discovered under the promotions tab, recorded from the promotions & bonuses category.

Customer support

Customer service is accomplished by calling the FBS service representatives thanks to live-chat functionality. Simply make use of the zendesk live chat service option to consult your questions and they’ll respond for you in real-time, even during working hours. Other service options incorporate interpersonal networking on youtube, twitter, along with facebook. You will find also contact us options on the footer of every web page, for example wechat, messenger, along with telegram. These interactive communication stations ensure rapid response times from courteous and professional customer care agents. Other contact options readily available to traders consist of local offices, live chat, and call back functionality. FBS agents are available across the world, such as egypt, china, korea, thailand, malaysia, turkey, thailand, indonesia etc..

Safety

Safety is ensured in any way times, as a result of stable socket layer technology, encryption, accounts verification, and so on. All of deposit/withdrawal options are fully guaranteed secure and safe, a lot of like online banking trades.

Ease of use

FBS broker is relatively user friendly, however, you’ll need to understand the intricacies of working with the stage. By clicking onto the major three flat lines onto the side of your monitor, you’re going to have the ability to get into general advice, financials, trading tools, trading platforms and trading requirements, enterprise data, promotional supplies, analytics & education, along with company specifics. The supply of demo trading accounts and real currency trading account provides traders with the essential tools and tools to be successful in online forex trading.

Final thoughts

FBS broker is a major european online forex broker with heaps of money pairs, cryptocurrency, metals, cfds along with additional options out there. Security and safety is on top of the schedule, and customers will see all the vital checks and balances set up. If you ever require support and service, then you may readily reach them via societal networking, email, livechat (zendesk) along with also other options. They’re exceptionally tuned in to forex trader inquiries, and also do their utmost to supply prompt and expert support.

Is FBS A scam? Let’s delve deeper into this forex trading MLM opportunity!

Welcome to my FBS review!

Today, we will talk about “FBS,” and it’s not the medical jargon “fasting blood sugar”; rather, it is the forex trading platform that offers services and allows an earning opportunity through money trading.

FBS review summary

Website: www.Fbs.Com

Founders: not disclosed

Product type: forex trading platform

Price: $1 to $1,000 for the accounts

Quick summary: FBS is a forex trading company that allows making money. It offers legitimate services and at the same time avoids many pitfalls that most forex multi-level marketing companies commit.

However, it still comes with a couple of red flags. One of which is the shady shell companies that operate out of known scam havens plus the fact that there are transparency issues with regards to who founded the company or how much it would cost to join their affiliate membership.

Overall rating: 3/10

Recommended: no

It’s said to be an international forex broker with more than 190 countries of presence and a lot of traders.

But is FBS legit in the first place or just another forex scam?

Don’t worry, we will talk about the nitty-gritty of this company so you’ll know if it’s worth your time or no so sit back, relax, and read the entire FBS review.

What is FBS about?

FBS claims to be the “best broker for online trading.”

Just in case you’re not familiar with what a broker is, it’s simply the place or the platform that lets buyers and sellers purchase and sell foreign currencies. FBS is basically a do-it-yourself forex trading platform that caters both rookies and professional traders.

It may come with a promising offer for aspiring forex traders; however, FBS doesn’t provide information as to who founded or runs the company. It does disclose a series of linked shell companies, including FBS inc. In the marshall islands, FBS markets inc. In belize, and HDC technologies ltd in cyprus.

Apparently, FBS has stronger traffic in india with 59% of traffic while egypt comes second at 4%. While the website domain appears to be first registered back in 1995 and the current registration details are set to private. It was last updated in july 2018.

Strangely, FBS has excluded their domain from the wayback machine, making it hard to tell if when the current owners acquired it. But as in their website, the history section states that it was in 2009 when FBS entered into the international market.

As enticing as it seems, still a lot of information is missing with FBS, especially essential details, such as the owner's information. And if an opportunity is not upfront about that, think long and hard before joining.

FBS product line

FBS offers multi-tier trading accounts to its customer and it’s as follows:

Cent ($1 minimum deposit) – perfectly suits those who are just starting on their way to success on forex

Micro ($5 minimum deposit) – ideal for those who want to calculate their profit precisely

Standard ($100 minimum deposit) – for experienced market players making their way to forex heights

Zero spread ($500 minimum deposit) – designed for those who prefer trading at the fastest speed

ECN ($1000 minimum deposit) – for those who want to feel the full power of trading with ECN technologies

FBS provides its trader customers with access to the metatrader4, metatrader5 platforms. Metatrader is presumably used by FBS under license from metaquotes software.

Other than advertising different accounts for distinctive involvement levels they too have analytic and educational products for forex traders.

Is FBS A scam?

We can’t directly say that FBS is a scam.

You can actually check it online and find positive reviews from reliable sites. The brand doesn't also participate in other well-known scam tactics that other forex trading platforms and mlms do.

On the other hand, they do stuff that other scams are known to do. For example, failing to disclose who the real owner is. Tactics like this make it obvious that they don’t want people to know who to blame or sue in case any unfortunate thing happens.

Is FBS A pyramid scheme/ponzi scheme?

FBS does offer a service related to forex. They also don’t have trading bots or automation claims, unlike others who promise to give you rois with a secret trading bot or stuff like that.

FBS also enables an earning opportunity through recruitment but it has legitimate services if you're trying to trade on your own. Thereby, NOT a pyramid nor a ponzi scheme.

Here is my top recommendation to start highly profitable online business from comfort of your home

FBS compensation plan

The compensation plan of FBS is simple unlike most MLM's who are long and complicated. FBS refers to its affiliates as “partners”.

FBS partners earn commissions on trading activity by recruited affiliates.

The brand simply pays out in a simple three-level unilevel system.

Level 1 (personally recruited affiliates and traders) – 100%

Level 2 – 15%

Level 3 – 5%

You get 100% commissions on the trading activity of people you personally recruit, 15% on the second level, and 5% commissions on the 3rd level.

The above percentages are paid on traded lots, which is a unit used to measure what is being traded (one lot can be a set currency amount, number of shares etc.).

If you're new to forex trading, here's a quick video on how it works:

How much to join FBS?

FBS offers both partner and trading signup options: trading for customers and partners for affiliates. However, they only provide the account costs for the customers but it does not disclose the costs of their affiliate membership.

Here are the costs of minimum deposits to open up different accounts as a customer in FBS:

Cent ($1)

Micro ($5)

Standard ($100)

Zero spread ($500)

ECN ($1000)

Pros/cons

Simple compensation plan

Unlike other forex and MLM opportunities who would give you long pages of compensation plan explanation.

I like the fact that FBS’ compensation plan is simple and straightforward. There’s clarity and it’ll minimize confusion.

In FBS’ compensation plan, you simply earn commissions three levels below you. Nothing more, nothing less.

No trading bots

Most forex trading MLM platforms that promise to give rois with a secret trading bot or automation appear to be a scam. But on a lighter note, there's no mention of a trading bot or algorithm in FBS.

It offers legitimate services, too if you're trying to trade on your own.

No owner disclosed

As always, if an online income opportunity is not openly upfront about who is running or who owns it, think thoroughly before joining because most scams operate this way.

Actually, this alone can be a red flag to alert you immediately as such information should be laid bare otherwise they are scheming something bad.

Also they are not openly transparent on how much their affiliate membership costs, which is important as this helps traders find out if their opportunity is worth their time or not.

Linked scam shell companies

As mentioned, another red flag is they have shell companies operating out of the marshall islands, belize, and cyprus. These places are known to be havens for scammers because of their little to no regulation of MLM companies.

It’s not that they are banned in some countries but FBS itself banned some countries from joining their opportunity and using their services. Such countries include the USA, canada, brazil, israel, japan, and iran.

Thinking about it, you’ll notice that these countries have strong regulations against MLMS, especially scammers. Perhaps, the brand doesn’t want to get involved with these regulating bodies because there might be something fishy going on.

Training tools/support

To provide the best customer experience, this forex trading platform organizes seminars and special events giving its clients access with training materials, cutting-edge trading technologies, and the latest strategies on the forex market.

FBS is going to be useful for both newbie and professional traders.

And just like most forex opportunities, being part of their affiliate membership will give partners and as well as customers back office access.

Final opinion/verdict

My verdict depends on the trader.

If you’re a beginner, I don’t recommend FBS as forex trading platforms like this are best for professionals or at least, have the basic knowledge of how trading works.

Forex is not for all. Forex trading comes also with risks because of the unstable market. So everything is uncertain.

There are also a couple of red flags in this opportunity that was mentioned above.

With no owner disclosed and being linked to scam-probable shell companies that chose to operate in areas with weak regulation on networking, it’s definitely something to watch out! Also, they banned countries with strong regulating bodies and that left me more skeptical.

On the bright side, they don't take part in well-known scam tactics that other forex mlms do but on the other hand, there are certain loopholes so I’ll leave this one for you to decide.

What's next?

If you want to earn and at the same time, have the peace of mind you need knowing that you are not involved in scams, I suggest that you join my top-recommended program.

You don’t need to be an expert in trading and newbies are definitely welcome!

Create an account now and get all the business tools and support you need to make money online:

Training resources

Webinars to help you start your business online

One-on-one coaching

Comprehensive guide

And many more!

I hope this FBS review has helped you and if you have questions or comments, please feel free to share it below.

FBS reviews and comments 2021

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

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

I can't log in on my mt5, I have made a deposit but cannot trade.

Karabo 14 october, 2020 reply

It seems you're entering an invalid password. Type it manually or copy-paste without any extra symbols, or try to recover it.

You can recover/access your trading password and details in your personal area.

1. Log in to your personal area: my.Fbs.Com
2. Click on the account number.
3. You will be able to see the "generate new MT5 password " question http://prntscr.Com/v4hpsw
4. Please, click on "create new" next to it.

After that, the new trading password will be generated for you and all the necessary information to log in provided

FBS 23 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.

So, let's see, what we have: find out if FBS is A scam or not by checking out this review. By the time you're done reading you'll know the answer and A lot more about forex at is fbs a scam