Fbs trading review

FBS is a global broker founded in 2009. In the EU, FBS is operated by tradestone ltd and regulated by the cyprus securities and exchange commission (cysec).

No deposit forex bonuses

FBS Review and Tutorial 2021, fbs trading review.

The global branch is run by FBS markets inc and regulated by the international financial services commission of belize (IFSC). FBS economic calendar

FBS review and tutorial 2021

FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.

Trade on nearly 50 leveraged forex pairs.

FBS is an online broker that offers financial market trading in forex and cfds. Our review in 2021 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading.

History & headlines

FBS is a global broker founded in 2009. In the EU, FBS is operated by tradestone ltd and regulated by the cyprus securities and exchange commission (cysec). The global branch is run by FBS markets inc and regulated by the international financial services commission of belize (IFSC).

FBS has a head office location in cyprus and claims to have over 15 million active traders across more than 190 countries, from malaysia and indonesia to south africa, pakistan and the EU.

Trading platforms

FBS uses a non-dealing desk (NDD) system with STP for rapid order execution. After registration and login clients have a choice of two platforms to access the markets.

Metatrader 4

MT4 is a market-leading platform that FBS clients can download for PC. The trading platform includes a range of features:

One-click execution and copy-trading

Expert advisors (EA) service and apis

Wide range of technical indicators and charting tools

Support for clients using a virtual private server (VPS)

FBS metatrader 4

The global branch of FBS also offers MT4 multiterminal, which allows clients to operate multiple accounts simultaneously.

Metatrader 5

This broker recently added MT5 integration to its portfolio. This platform is a recent update to MT4 with greater versatility that offers the following:

Hedging & netting

Market depth view

More technical indicators

More order types and timeframes

FBS metatrader 5

MT4 and MT5 are also both available without a download via any browser through the webtrader solution. This service works across all operating systems and has all the features of the original software.

Markets

Clients can access a wide range of assets for trading:

Forex – 28 standard pairs plus 16 exotics

Metals – four precious metals

Energies – WTI and brent crude oil

Stocks (global only) – 40 company shares

Indices – four indices including the NASDAQ

Unfortunately trading on the FTSE100 is not offered and neither is cryptocurrencies, such as bitcoin.

Trading fees

Spreads offered by FBS vary by account type and region. For EURUSD, the global firm offers a spread of 3.0 pips on its micro account, 1.1 on its standard and cent accounts and zero pip spreads on its zero and ECN accounts. In the EU the same spread is 0.7 pips with both the standard and cent accounts. Our review was pleased to see competitive spreads with the zero and ECN accounts.

The global branch charges a fixed rate commission of $20 per lot on the zero spread account and $6 on the ECN account. It also charges $3 for stock trades and $25 for CFD trading.

FBS charges overnight rollover fees (swap-free is available) and a cancellation fee of €5 for transactions that have taken advantage of price latency. Accounts dormant for 180 days are charged a €5 monthly fee.

FBS leverage

The maximum leverage available depends on account type and branch. In the EU the broker provides leverage up to 1:30 on standard and cent account types. Globally it offers up to 1:1000 on the cent account, 1:500 on the ECN account, and 1:3000 on other account types.

FBS has a margin call of 40% and lower, whereafter it is entitled to close a client’s position.

Mobile apps

FBS trader app

The owner and CEO have ensured that FBS trader is a free and fully-featured trading app. It can be downloaded to android (APK) devices from google play. Outside the EU it’s also available on ios. The broker’s downloadable app offers forex and top instruments for trading, alongside real-time stats and easy management.

FBS mobile app

MT4 & MT5 apps

Both metatrader platforms are also available as mobile apps from the app store and google play. The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go.

FBS metatrader mobile trading

Payments

The minimum deposit at the online forex broker is different for each account type and trading region. The EU firm requires an initial deposit of €10 on the cent account and €100 on the standard. The global branch offers minimum deposits of $1, $5, $100, $500, and $1000 for the cent, micro, standard, zero spread, and ECN accounts respectively. Our review was pleased to see the low minimum deposit offering.

Several deposit and withdrawal methods are available including wire transfer (EU only), visa, and electronic payment systems, such as skrill and neteller. Deposits are instant for all methods bar wire transfer and withdrawals take up to 48 hours. Commission fees apply to withdrawals at the global FBS firm and identifying documents may be requested.

Demo account review

FBS offers demo versions of the cent and standard accounts in the EU. MT4 and MT5 integration are available and a range of instruments are offered to practice trading with zero deposit requirement. Once comfortable with the broker’s services, you can then sign up for a live account.

Trading bonuses

FBS has a wide selection of promotions and bonuses advertised on its global website. For example, the broker offers a trade $100 bonus with no deposit necessary. The broker credits clients with $100 and if the client has 30 active trading days with 5 lots traded, the bonus can be withdrawn. FBS also offers a 100% deposit bonus, which doubles the deposit available for trading, and many contests.

Licensing

FBS is a legitimate broker with regulations from respected authorities. The company that owns the EU branch of FBS is regulated by the cyprus securities and exchange commission (cysec). The global branch is regulated by the international financial services commission of belize (IFSC).

In the EU, the broker also offers negative balance protection to retail clients. Overall, we’re happy FBS is not a scam.

Note, traders from the USA cannot register for an account, though clients from most other countries are accepted, including canada, india and nigeria.

Additional features

The FBS website has an analysis section with resources including forex-related news, market updates, and a forex TV feature that displays informational videos, weekly insights, and trading plans. This broker also provides an economic calendar and forex calculators alongside extensive educational materials such as live webinars and tutorials.

FBS economic calendar

Copy trading

The copytrade solution from FBS lets beginners replicate the success of top traders with secure, flexible trading tools. Clients can use the user-friendly mobile app to compare traders, allocate funds and create a unique trading portfolio.

Trading accounts

New clients have the option of several live account types. In the EU, the broker offers the standard and cent accounts. The global branch additionally offers the micro, zero spread, and ECN account. Order volumes are the same across account types. The ECN account has no trading limits and market execution is by ECN, unlike the other accounts which use STP. In general, the more you can deposit the higher the account tier and the more competitive the trading requirements.

When opening an account, you’ll need to submit documents to verify your name, address and the country you’re registering from.

Pros and cons

Benefits

Advantages of trading with FBS include:

MT4 and MT5 integration

Ultra-low minimum deposits

Competitive zero-pip spreads

Range of promotions & deposit bonuses

Drawbacks

Bad areas flagged in our review include:

Fewer account and trading options in the EU

Commissions payable on many trade types at the global firm

Trading hours

The FBS broker website is available at all times. Opening hours for each asset depends on the market and timezone, but forex runs 24 hours a day on weekdays. The broker also provides a virtual private server (VPS) service, which allows the client to keep their trading platform on a virtual machine 24/7.

Customer support

Customer support is available in english, spanish, portuguese, french, german and italian:

Email – info@fbs.Eu

Live chat – logo in bottom right

Contact number – +357 25313540

Address – vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus

Global

Contact options including live chat, callback, and whatsapp are available on the global website.

Trader safety

FBS ensure client personal information and privacy is safeguarded. Transactional information is also protected using transport layer security (TLS). The metatrader platforms also offer dual-factor authentication at the login stage for added security.

FBS verdict

FBS is an international forex broker that offers low minimum deposits and a variety of trading accounts with MT4 and MT5 integration, alongside the FBS trader app. Spreads are competitive, and both novice and advanced traders will feel at home with this broker.

Accepted countries

FBS accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use FBS from united states, japan, canada, myanmar, brazil, israel, iran.

Where is FBS regulated?

This broker is regulated in the EU by the cyprus securities and exchange commission (cysec) and elsewhere by the international financial services commission of belize (IFSC).

Is FBS a good broker?

FBS is a legitimate broker and not a scam. It is licensed by respected financial authorities and has positive online reviews.

Does FBS offer any bonuses?

The global branch of FBS offers 100% deposit bonuses and promotions where no deposit is required. This broker also offers trader contests and a VPS service.

What is the minimum deposit at FBS?

Clients can open an account with $1 at the global branch and $10 in the EU. The greater the initial deposit, the tighter the spreads and more advanced the trading tools.

What platforms does FBS offer?

FBS has both MT4 and MT5 platforms, which are available on any browser and as mobile apps. This broker also offers FBS trader, an in-house mobile application.

Does the FBS broker have trading on nas100?

Yes, clients can trade on the NASDAQ and three other major indices, including the S&P 500, dax30, and dow jones.

FBS reviews

163 • average

Write a review

Reviews 163

WORST platform ever seen

WORST platform ever seen. Each deposit (20,30 40) we have we have to withdraw separately like withdraw 20,30 and 40 like that. And each withdraw they charge 1.2$.Once you withdrew your all deposited amount we cant withdraw to out debit card. We have to with draw to online app like SKRILL or NETTELLAR. Worst guys ever seen, ok if you ready to withdaw to e-wallet NETTELLAR will charge 2% and FBS will charge 1.2$. I really fedup with FBS . I NEVER RECOMMEND this platform.

In order for the FBS futures brokerage…

In order for the FBS futures brokerage service from abroad to continue operating officially in indonesia and avoid blocking websites and applications by the investment alert task force in indonesia or "satuan tugas waspada investasi" (indonesian), FBS needs to register an official license with bappebti and OJK to be officially registered by the republican financial supervisory agency, indonesia, and must cooperate with "PT. Telekomunikasi indonesia (persero) tbk" or "telkom indonesia" from jakarta, indonesia, so they can carry out forex trading activities easily and smoothly, so the name of the forex company FBS from telkom is "PT. Teledana indonesia berjangka" or real name is "FBS forex indonesia"

I'm with FBS from 2013/2014

I'm with FBS from 2013/2014. I can say best about it.
Earlier mean before 2018 whenever I got any problem with it their customer agent were solving it like it's their own problem.
But now .
Withdrawal : I have done withdrawal of money from 5 days. Still I haven't got my money. I did another withdrawal request it's been 9 hours but it's still in pending where FBS says it takes only 15-20 min for withdrawal. So it's waste.
Customer service : it's worst than ever. Their people like roman answering like they are robot. Every time I feel like I'm talking with an robot. Same answers for some issues. They don't understand that every issue is different. So I mailed them but still no response it's been several hours. And main thing.. Every agent will give you different different solutions which isn't helpful. For an example if you'll come to live chat 3 times for answer of 2 multiply by 2. Then you'll get 3 different answers. Which is big trouble for me.

Mostly i trade gold ,,recently FBS has…

Mostly i trade gold ,,recently FBS has increased the spread on gold in a crazy way, today i saw it reached 80 pips so what i have done i removed my FBS MT4 platform from my desktop ..Good luck

Good trading platform but some minor issues

Excellent. I made my first withdrawal from my trading account last week and got it today. The only issue is that their FBS laptop MT5 server is slow. I can't login up till now. I am using my ipad terminal. I prefer the laptop terminal because it helps me trade with algo because I don't have time trading on my own. I don't think I will prefer another option like the FBS copy trading. I personally prefer algo trading than FBS copy trading. Leverage is adjustable from 1:100 to 1:3000. The choice is yours. Thanks FBS but they should please work on the laptop FBS MT5 server. It is really giving me a second thought. I have complained about it to the customer service and they were very responsive in attending to customers. I am still experiencing difficulty logging into the FBS laptop MT5 server. I will keep readers updated.

This is a scam website, please do not involve.

I feel pissed off with this copy trade website due to their scamming scheme. Below is my experience:
1. On saturday 26th december 2020 I topped up my account with 3.875,96 USD
2. I started copying some traders in the CT platform. I checked that they only trade with currencies, not cryptos. So in the weekend, the trades should be closed or pending. But when I started copying, the account immediately started with minus profit.
3. Realizing abnormalities, I stopped all investment with loss of 125$ right within the weekend and contacted support center. Below is their email response:

"
dear nguyen quoc huy!
Thank you for contacting us!
Let us remind you that the market is closed during weekends which means that there are no prices and consequently trader is not trading.

However, you still can start copying. And in this case the system automatically calculates investor’s pnl according to the last price available on friday.
And at the moment of order opening the spread is deducted just as usual. But since there’s no further quotes the pnl freezes till the market opening on monday.
On monday the trading continues and pnl will update.
Please, feel free to contact us if you have any further questions.
We wish you lucky trading!"

So you can see their scamming scheme, I stopped all in the weekend that mean no loss to them at all, but I still got - profit. They do not show current pnl status of traders neither providing current positions of traders, we just see the statistics which is beautiful . They can make up any trader with nice statistic and attract you to join before draining down your capital with a sudden loss from nowhere.
Be smart when investing. Contact me if you need full conversation with them. Don't trust their advertisement.

FBS 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.

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.

Sick and tired of hyped-up claims?

Discover a scam-free way to make money online instead >>

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

Wanna make money anywhere in the world?

Get started with your FREE step-by-step beginners course here >>

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.

A wayyyy better opportunity to make money online is through affiliate marketing.

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

With affiliate marketing, you can start from scratch and learn from their training platforms. Not just that, affiliate experts will offer to coach you when needed.

Affiliate marketing also equips you with the tools to build a solid and legit business.

And you can test the waters out for free. If you want to know more about affiliate marketing, check out this link.

And if you want to start building your business, discover how wealthy affiliate can help you with that.

How I make A living online?

After years of working in call centres I finally figured out how to create a 5-figure monthly passive income stream and become financially free.

Thanks to the right training and a lot of hard work I kissed my old boss goodbye and booked a one way ticket to thailand.

So if you're serious about building a thriving online business, click here for the exact step-by-step formula I follow.

FBS REVIEW - IS FBS A GOOD FOREX BROKER?

BRKV - FBS is rising as one of the best forex brokers for the asian regions in 2019, especially in thailand and indonesia. So, today I will give an FBS review for new traders who are still struggling to find themselves a suitable forex broker. FBS was founded in 2009. They allow traders to trade up to 35 currency pairs, 4 precious metals, 2 CFD, and cryptocurrencies.

When finding the best brokers, we need to have standards to rate them. These standards are the fundamentals that any brokers who want to become the best should meet. Those are:

Trustworthy	trading costs	trading conditions	local services
regulations	low spread	good quotes	payment system
historical activities	low commission	trading platforms	local offices
low slippages	availability
good rebate / bonus
low swap

Now, let’s have an FBS review based on the standards mentioned above. Also, I will compare some aspects of this broker to the top brokers such as exness or XM.

Credibility of FBS review

When it comes to credibility, of course I’m talking about regulations. The first and foremost factor used to judge a broker is their regulations. Regulations are the licenses that trusted financial organizations give to a broker to manage that broker. Regulation is the thing that makes sure a broker has to follow a certain set of rules to guarantee traders’ safety. Only big forex brokers can meet the demands of those regulations. FBS is regulated by cysec and IFSC , two of the most trusted regulations. So you can rest assured that you are in safe hands.

Speaking of regulations, there is one thing I think I need forex traders to understand. Some new traders tend to think that the broker who has more regulations is better than those who have less. This is actually a wrong idea. Having many regulations doesn’t mean that broker is better in term of trading. There are two scenarios here. If your country already has a regulation, you should work with broker who has that regulation. You won’t need any other regulations from elsewhere. Your own country’s regulation is enough. FBS has IFSC, a south african regulation, so traders in south africa can be safe when trading with FBS. On the other hand, if your country does not have a regulation, like most asian countries, you should trade with brokers who have at least one trusted regulation, FBS in this case is cysec. Too many regulations will only put more limits on the broker. Regulation is just a signal that lets us know that this broker is decent, reliable, and safe to trade with. A broker only need one trusted regulation.

Trading costs of FBS review

Spread of FBS review

Most traders would love to do business with a low-spread broker. Spread is the difference between the ask price and the bid price of a currency pair. The spread of FBS is only from 0.2 to 1.1 pip which is in the top low spread brokers . And it's spreads are much lower than XM, FXTM, FXCM. CHECK FBS SPREAD -> HERE.

Commission of FBS review

Some brokers charge commissions for income, so does FBS. Based on the type of account, FBS has different commission rates. For the cent and standard accounts, there is no commission. CHECK FBS COMMISSION RATE -> HERE.

Bonuses of FBS review

FBS offers many types of bonuses like deposit bonus, welcome bonus, or loyalty program. They have a bonus with the highest rate ever, up to $100. Their deposit bonus gives back trader 100% of the deposit amount. Also, there is the cashback program, which rebate you $7 for every lot traded. Right now, they are having the $50 bonus. You just need to sign up and $50 will be transferred to your account immediately. CHECK FBS BONUSES -> HERE.

Trading conditions of FBS review

Account types of FBS review

BRKV - FBS offers traders 4 different types of account, which are the regular accounts (cent account, standard account, and fixed spread account) and the ECN account. Each account type has its own features that are suitable for different types of traders.

Cent account: this is the account for beginners or new traders. Why so? The required deposit is only $1. When you first start trading, you don’t want to put too much money in it because 90% of new brokers lose everything when they begin trading. With only $10, I think you can practice trading in real-life conditions for up to 3 months. The spread is relatively low, only around 1 pip. The order volume is from down to 0.01 lot cent up to 1000 lots. The lower the better because that way you won’t lose too much money. And even better, this type of account does not charge any commission, so you can trade as much as you want without costing a penny.

CHECK FBS CENT ACCOUNT NOW.

Standard account: traders with a bit more experience will trade with this account. The minimum deposit is average, at about $100. The spread is better, only around 0.5 pip. The leverage is up to 1:3000, which is pretty high. Higher leverage is better. XM’s standard account leverage is only 1:888. The order volume is from 0.01 to 500 lots. And just like cent account, this account is commission free, which is amazing.

Fixed spread account: it is also called zero spread account. You can tell it by the name. This type of account has no spread. Instead, it charges traders $20 for commission. This is understandable because spread is main income of brokers. If the spread is zero, the broker must charge commission. The minimum deposit for this acco unt is $500. The other features are the same as standard account like the leverage and the order volume.

ECN account: this is the account for experts and long-term traders. The minimum deposit required is $1000, which is pretty high, but the commission are much lower than other brokers ($6). Actually, this commission rate is just as low as that of exness and XM, which is $5 and $6 respectively.

CHECK FBS ECN ACCOUNT NOW.

Payment system of FBS review

I’m sure that some US or UK brokers are very good in their country, but overseas, they are relatively bad, especially in asian countries like thailand or indonesia. In asia, if traders deposit by their credit cards, their banks will charge them from 1.7 to 4% of their total fund. Having a profit rate at 5% monthly is hard enough and now they have to pay 4% just for depositing? I don’t think so. That’s why it is not wise for thai traders to trade with those US and UK brokers. Therefore, choosing brokers who can offer local payment systems is very important. FBS is great in this field. They offer depositing and withdrawing through almost all local banks and e-wallets in asian countries. Furthermore, what makes FBS really wonderful is their transferring speed. They only come second to exness , the fastest in the market. Transactions at FBS only take from half to an hour to complete through banks, while other brokers can waste you hours or even days.

Customer support of FBS review

Customer care is vital in this forex field, because forex is a very complicated subject. Traders are constantly need as much help and support from brokers as possible. That’s why how a broker assist its clients is a standard to evaluate it. FBS supporting team is fantastic in my opinion. They can support clients in english 24/7 on live chat. You can even tell them to call you back. That can show how dedicated they are to customers. For non-english speakers, they have offices in indonesia, malaysia, egypt, thailand, china, korea and myanmar that are always ready to help customers 5 days a week.

Fanara filippo

Hey, I’m fanara filippo. I’m the founder of this site. I'm currently living in bangkok, thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Let’s review brokers today.

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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.

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.

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 review 2021

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

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 platform	metatrader
�� head office	belize
�� founded	2009
⭐ reviews	4.4 - 43 reviews trust pilot
↔ maximum leverage	3000:1
�� execution servers	LD5
�� broker type	ECN
�� negative protection	no
�� trading options	forex, 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!

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.

So, let's see, what we have: FBS is a forex trading broker offering a choice of platforms, products and live accounts. See our review for spreads, mobile apps, and fees. Sign up today. At fbs trading review