Australia
Belize
Cyprus
South Africa
FBS has been a leader in forex trading since 2009 with its reliability and consistent performance. FBS has received around 40 international awards and recognitions for its exceptional performance and acceptance by 17 million clients from 150 countries. FBS is also an official trading partner for FC Barcelona and a principal partner of Leicester City.
Their extraordinary success has already earned them awards such as Best Mini Forex Broker Asia and Best Broker in South-East Asia. FBS’s phenomenal growth in the last few years is a hallmark of Forex trading.
How can you get the forex broker to help you? What are the benefits and requirements for trading with FBS This FBS review is based on my previous experiences.
What is FBS?
FBS is one forex broker that has earned the trust of millions. This forex broker is located in Belize. It offers online trading for forex, CFDs and metals as well as stocks and cryptocurrencies.
Tradestone LTD is currently owned by the company and takes care of all its operations. The brokerage house is regulated by the CySEC (Cyprus Securities and Exchange Commission). Its listed license number is CySEC #331/17.
FBS Market Inc. operates its web platform. Registration #IFSC/60/230/TS/18 IFSC, on the other hand, is responsible for regulating this web platform.
Australian clients can join FBS and have access to all premium features under the Australian Financial Services License. Its listed license number, ASIC #426359, is also available. FBS has a dedicated website (www.fbsaustralia.com) for Australian traders and those who want to trade under Australian law.
FBS also holds an FSCA License, number FSCA #50885.
FBS: A Comprehensive Review
This segment will show you the essential features that FBS offers to help you become your first forex broker. Let’s get started.
At a Glance
FBS receives around 7000 requests for account openings from partners and traders each day. FBS is relied upon by 48% of its traders as their main source of income. FBS received withdrawal requests from clients almost every 20 seconds in 2018, according to statistics. Nearly 80% are actively involved in trading.
Type of Trader Account
FBS clients currently have access to 5 types of account options: Micro, Standard and Zero Spread. FBS EU clients can only access Standard accounts.
For experienced market players, the Standard account is the best pair. Cent accounts are best suited for beginners. The Micro account is a good option for precise profit calculation.
You can also try the Zero Spread account to increase the speed of trading. The ECN account is my favourite. The ECN technology allows you to trade forex with full power. Let’s look at each type of account’s opening balance.
- Opening balance $1 per Cent
- Microfinance opening balance $5
- Standard Opening Balance $100
- For Zero, open balance $500
- ECN account requires $1000 initial deposit
- Cryptocurrency: Opening balance $1
Leverage
FBS offers clients the most immersive leverage possible, which is what makes trading exciting. FBS allows you to trade credit up to a third of the amount available on its competitors’ platforms. Let’s look at each one.
- Accounts up to 1:000
- For Micro accounts, Standard and Zero Spread accounts, you can get up to 1:3000
- ECN accounts up to 1:500
- Crypto accounts up to 1:5
Floating Spread
The spread simply refers to the difference between your offer and the asking price. FBS’s main source of revenue is from spreads. FBS offers both fixed spreads and floating spreads.
- Spread floating spread of 1 pip on Cent, ECN, and Crypto accounts
- For Micro accounts, spreads starting at 3 pips
- Standard account: 0, 5 pip floating spread
- Fixed spread account Zero Spread: 0 pip
Commission
You can often enjoy a full share of your income because there is no commission for Standard, Micro, or Cent accounts. FBS will charge $20 per lot for Zero Spread account holders. FBS will also charge $6 commission.
Order Volume
FBS allows you to increase the order volume from 0.01 to 1000 Cent lots. This is done with the 0,01 step. It’s the same for all types of accounts. Everything seems to work, however I think the ECN account holders should be able to have greater limits on a currency pair.
Trade Instruments Available
Trades can be made between up to 35 currencies. It is limited to 4 for metal. There are also options to purchase up to 3 CFDs and 33 stocks. These are available for all accounts, except Crypto and ECN accounts. It supports more than 100 instruments, including coins to coins, fiat coins, and coins to metals.
Trade Platforms
MetaTrader allows forex traders to trade without any order deviations, even if they have some previous experience. This is a key fact that brokerage houses should have.
FBS also offers MetaTrader with a wide range of leverage. Both MetaTrader 4/5 and 5 will be available on different platforms such as Windows, iOS and Android, Web OS, Mac OS and MULTITERMINAL. Let’s look at the MT capabilities of FBS.
- Below 41 tools for currency pairs and CFDs.
- Multiple platforms/device sync support
- EA and Expert Advisors with fully functional features
- Nearly 50 indicators and stats tools
- Trade in one click
- There are three types of analytic charts
- Positions for hedge
- Micro-lot accounts
- VPS Service
FBS CopyTrade
FBS offers CopyTrade– This social trading platform lets investors follow the strategies and make money copying the best market performers. This allows new traders to profit in a percentage equal to the traders’ profit, without having to trade much.
FBS: Why you should trade with them
FBS is easy to trade with and very profitable. FBS has always been attentive to customer satisfaction, which is why people trade here. A monitory board that is reliable and experienced is also available. Perhaps that is why 80% of FBS clients stay with the platform even after signing up.
- Trustworthy brokerage house with experience
- Internationally recognized
- Trading offers at competitive prices
- Access to real-time statistics
- Multiple platform support
Last Thought
Forex trading is, in my opinion, one of the most smart businesses to connect with. A bridge with a legitimate brokerage house is key to success. This is what I found at FBS. This FBS Review aims to share my thoughts and experiences with the platform.
Someone I know is a forex trader who dreams of becoming a great trader, and risk his entire savings. It’s better to stay on the right platform than wasting time on the wrong ones.
You won’t make the same mistake again as everyone else. Great wishes for becoming the next top trader.
| FBS Summary | |
|---|---|
| FBS Details | Information |
| Regulators | ASIC, IFSC, CySEC, FSCA |
| Country |  Russia |
| Base Currencies | EUR, USD, THB |
| Type Of Brokers | ECN, STP, NDD |
| Trading Platform | Desktop, Mobile, MT4, MT5, FBS Trader |
| Established Year | 2009 |
| Website Language | English, Indonesian, Turkish, More |
| US Clients | |
| FBS Spreads | |
|---|---|
| Option | Information |
| Minimum Spreads | 0.01 |
| Commission | |
| Fixed Spreads | |
| FBS Payment & Withdrawal Option | |
|---|---|
| Option | Information |
| Acc Funding Methods |  Wire transfer,  Visa Card,  Master Card,  UnionPay,  Skrill,  FasaPay |
| Acc Withdrawal Methods | Wire transfer, Visa Card, Master Card, UnionPay, Skrill, FasaPay |
| FBS Suitable For | |
|---|---|
| Option | Information |
| Publicly Traded | |
| Beginners | |
| Day Trading | |
| Weekly Trading | |
| Professionals | |
| Swing Trading | |
| FBS Trading Account Options | |
|---|---|
| Option | Information |
| Maximum Leverage | 1:3000 |
| Mini Account | |
| VIP Accounts | |
| Segregated Accounts | |
| Free Demo Accounts | |
| Managed Accounts | |
| Pro Account | |
| Minimum Deposit | $1 |
| Islamic Account | |
| FBS Trading Services | |
|---|---|
| Option | Information |
| Hedging | |
| News Trading | |
| Scalping | |
| Automated Trading | |
| Indices | |
| Commodities | |
| Forex instruments | |
| CFDs | |
| ETFs | |
| Stocks | |
| Bonds | |
| Cryptocurrencey | |
| Trading Signals | |
| Educational Service | |
| Copy Tradings | |
| FBS Contact & Support | |
|---|---|
| Option | Information |
| Telephone No | +60127105683 |
| support@fbs.com | |
| 24 Hours Support | |
| Support During Weekends | |
| Address | No.1 Orchid Garden Street, Belmopan, Belize, C.A |
