Fbs south africa
- Standard account – these accounts feature $100 minimum deposit, to open a trader account at FBS.Com, you have to click on the open an account link. You can either register through your G+ or facebook account or by entering your name and email address. Commission, and floating spreads from 0.5 pip.
- Cent account – these accounts feature $1 initial deposit, south african traders and investors can trust FBS because it is well-regulated by the international financial services commission (IFSC), which makes sure that customers are provided a safe and secure trading environment. Commission, and floating spreads from 1 pip.
- Micro account – these accounts feature $5 initial deposit, you can choose from the following trading platforms at FBS.Com: commission, and fixed spreads from 3 pips.
- Zero spread – the initial deposit is $500, the fixed spread is 0 pip, and the commission is $20 per lot.
- ECN account – open an ECN account on a minimum deposit of $1000. The commission is $6, the leverage is up to 1:500, and the floating spread starts from -1 pip.
- Copytrade platform – earn profits by copying the trades of professional traders. FBS copytrade is a social trading platform that enables investors to choose trading strategies, automatically copy them, and make huge profits without taking any risks. You can also allow others to copy your trades in exchange for a percentage of the commission.
New forex bonuses
South african investors choose FBS for the following reasons:
FBS forex review
User review
FBS forex is an international online broker that offers trading services in 190+ countries. It is home to a community of over 370,000 partners and 12,000,000 clients. The FX & CFD broker regularly organizes special events and seminars, and provides clients trading material, cutting-edge technology, and the latest forex trading strategies. These educational events are useful not only to new traders, but also to seasoned ones.
• learning opportunities
• promotions and bonuses
• customer support
• excellent trading conditions
• users only trade cryptocurrencies but don’t own them.
Established in 2009, FBS has won a number of international awards as follows:
- Best FX broker indonesia
- Best FX IB program
- Best forex broker thailand
- Best forex broker southeast asia
- Best international forex broker
- Top IB program 2016
- Best customer service broker asia 2016
- Highly recommended broker insurance company in indonesia
- Best forex brand
- Best safety of client funds asia 2015
- Best FX IB program china (2017)
- Best forex broker asia 2018
- Best investor education 2017
Here are some facts and figures about FBS:
- 7000 partner and trader accounts opened daily
- Withdrawal requests made every 20 seconds
- Half of FBS clients multiply their first deposit by up to 10x
- 80% clients remain loyal to FBS
- 48% clients consider FBS income as their main source of income
5 reasons for south african traders to choose FBS forex
South african investors choose FBS for the following reasons:
- Learning opportunities – you can trade at FBS forex even if you do not know anything about trading because FBS forex will teach you everything you need to know.
- Promotions and bonuses – the broker rewards new customers with special deposit bonuses.
- Customer support – customer support is available through phone or chat or callback 24 hours per day and seven days per week in your native language. It also encourages social interaction via its accounts on twitter and facebook.
- Banking methods – FBS forex allows traders to make deposits and withdrawals through a wide range of local and international methods.
- Excellent trading conditions – you will find the best trading condition at FBS:
- $1 minimum deposit
- Leverage of up to 1:3000
- Spreads from 0 pip
- No requotes
- Minimum order volume
- Split second trade execution
Is FBS forex reliable forex broker?
South african traders and investors can trust FBS because it is well-regulated by the international financial services commission (IFSC), which makes sure that customers are provided a safe and secure trading environment.
The IFSC also contributes to the fast development and healthy growth of the market. It monitors investment firms to ensure that they comply with the regulatory and legislative framework. All this indicates that working with FBS is safe. Customers are well protected by international financial laws.
Getting started – different account types
To open a trader account at FBS.Com, you have to click on the open an account link. You can either register through your G+ or facebook account or by entering your name and email address.
FBS.Com offers several types of accounts, suitable for a variety of trading goals, skills, and requirements. All types of accounts, except ECN accounts, offer trading instruments such as 4 metals, 35 pairs of currencies, 4 cryptocurrencies, and 3 cfds. Also, islamic accounts or swap-free accounts are available for all account types, except ECN accounts.
- Standard account – these accounts feature $100 minimum deposit, $0 commission, and floating spreads from 0.5 pip.
- Cent account – these accounts feature $1 initial deposit, $0 commission, and floating spreads from 1 pip.
- Micro account – these accounts feature $5 initial deposit, $0 commission, and fixed spreads from 3 pips.
- Zero spread – the initial deposit is $500, the fixed spread is 0 pip, and the commission is $20 per lot.
- ECN account – open an ECN account on a minimum deposit of $1000. The commission is $6, the leverage is up to 1:500, and the floating spread starts from -1 pip.
- Copytrade platform – earn profits by copying the trades of professional traders. FBS copytrade is a social trading platform that enables investors to choose trading strategies, automatically copy them, and make huge profits without taking any risks. You can also allow others to copy your trades in exchange for a percentage of the commission.
Trading instruments
FBS.Com offers the following trading instruments:
- Forex – trade currency pairs such as AUD/JPY, AUD/USD, AUD/CAD, and others.
- Metals – trade metals such as platinum, palladium, gold, and silver.
- Stocks – trade stocks of well-known companies such as amazon, coca-cola, google, mastercard, walmart, and tesla.
- Cryptocurrencies – FBS offers bitcoin, litecoin, dash, and ethereum trading.
- Cfds – trade cfds on WTI, DAX30, and BRN.
Trading platforms
You can choose from the following trading platforms at FBS.Com:
FBS trader
FBS trader is an app that offers unlimited opportunities. You can download it at the apple store or google play store. It is a powerful, but lightweight app that enables you to access your trades round the clock from your smartphone or tablet.
Though simpler, it is as good at metatrader, enabling clients to access international markets at any time they please. Traders can use more than 100 payment methods to make deposits and withdrawals. In addition, the best customer support is available round the clock.
Metatrader
This platform comes with the following features:
- 41+ tools, cfds, futures, and currency pairs
- Low spreads
- Expert advisors (eas)
- Single-click trading
- News embedded
- Access all platforms with one account
- 50 charting tools and indicators
- Hedging positions
- 3 varieties of charts
The metatrader 4 platform is available for windows, android, ios, webtrader, mac OS, and multiterminal. The metatrader 5 platform is available for windows, android, ios, mac OS, and webtrader.
Payment methods at FBS.Com
You can use the following payment methods to load your account:
- Visa
- Sticpay
- Neteller
- Skrill
- Perfect money
- Local exchanges
- Bitwallet
The above-mentioned methods can also be used to request payout. The commission varies from one method to the other and so does the withdrawal time frame.
7 promos & bonus offers at FBS
FBS offers the following promotions and bonuses to create a lively trading environment:
- FBS traders parties – parties are fun-filled events, brimming over with luxury and social interaction.
- Get car from FBS – A number of clients have already won luxury cars at FBS forex. As long as you continue to actively trade, you stand the chance of winning a car.
- Welcome bonus – you can get started with a trade 100 bonus at FBS. The CFD & forex broker will give you a real account with $100 so that you can start trading. In addition, you will receive a set of educational materials, absolutely free.
- 100% deposit bonus – if you activate your 100% deposit bonus, you can trade with double the amount you deposited. To get your bonus, you have to register a new player account and make a deposit.
- Cashback – you can get cashback of up to $15 per lot.
- Leverage 1:3000 – FBS is the only broker that offers a leverage of 1:3000. To get this leverage, you have to open a zero spread or standard account. If you deposit $10, you can trade like as if you have $30,000.
- Partner bonus – the new partner bonus at FBS enables partners to add as much as $3000 to their monthly income. The bonus grows with the amount their clients deposit in their accounts and their trading volume.
To participate in the bonus program, you have to create a partner account and invite clients. Whenever one of their clients trades a lot, they will get a commission of up to $80. Every month, they can claim a bonus according to their performance.
Five unique features of FBS forex
FBS forex offers the following special services:
- Fix rate – thanks to this feature, FBS forex clients don’t have to worry about fluctuations in the exchange rate. They can always make deposits and withdrawals at fixed rates.
- Loyalty program – FBS rewards traders’ loyalty with gifts ranging from luxury cars to digital products. Whenever you trade on FBS forex, you will earn status points. Based on the number of points earned, clients will be assigned a status and awarded benefits. To become a member of the loyalty program, customers have to confirm their email and identity.
- VPS server – traders can get a VPS server free of charge and make eas work for them round the clock even if they are not online. This service comes with the following benefits:
- Protection from interruptions in internet connection and power outages
- Install any EA
- Stable and fast connection
- Operates 24/7
- Metatrader 4 multiterminal – the MT4 multiterminal enables partners to manage several client accounts at the same time. They can trade on their clients’ accounts, control open position statuses and pending orders, and receive news and quotes in real time.
- Analytics and education – new as well as professional traders can use a wide range of educational resources such as forex analytics, webinars, market analytics, forex education, and trader tools.
Customers can use tools such as currency converters, forex calculators, and economic calendars to trade better. The educational material includes a glossary, seminars, video tutorials, webinars, trader tips, forex guidebooks, and forex books.
FBS forex faqs
Q1: how is a demo account different from a live trading account?
A: clients can use a demo account to test trading strategies, learn forex trading, and test expert advisors (eas) for free. They can use virtual funds to trade under actual market conditions.
Q2: how many accounts can open at FBS?
A: you can open one account under each account type. To qualify to open as many as 10 accounts under each account type, traders have to verify their personal area, change their confirmation method from email to text message, and ensure that the total deposits in all their accounts in their personal area is at least $100 or more.
Q3: can I make deposits in ZAR?
A: yes, you can make deposits in ZAR, but the FX broker will convert your zars into EUR or USD according to the current rates on the exchange.
Q4: what trading strategies does FBS allow?
A: FBS does not impose any restrictions on trading strategies. You can use scalping, hedging, or automated trading with the assistance of eas.
Q5: who can join the loyalty program at FBS?
A: anybody can join the FBS loyalty program, provided they have a fully verified partner or trader account at FBS.
Conclusion – our opinion of FBS forex
Having traded at FBS forex for several days, we have developed an excellent opinion of FBS forex. The CFD & FX broker may not be regulated in south africa, but it accepts south african traders and allows them to make deposits in their home currency. The customer support is excellent. New players can use the free educational material to learn about trading and open demo accounts to perfect their skills.
FBS forex review
FBS forex offers the following special services:
Tag - south africa
Moody’s downgraded the country to ‘junk’ status on friday.
USD steps back to give room to the ZAR on the speech of the south africa's finance minister mboweni. How far ZAR can march?
On thursday, january 16 two central banks: the reserve bank of south africa and the turkish central bank will make their interest rate decisions.
The south african currency has weakened on tuesday. As a result, the USD/ZAR pair has tested its march’s highs near the 14.63 level.
South africa is holding its biggest elections today since the dawn of the democracy.
What has been driving USD/ZAR during the last days? Let's find out from the video.
After the bullish start of the year, the rand has started to weaken since the last thursday. Let’s point out the main factors affecting the ZAR and set the key levels for this week’s trading.
South africa anticipates the moody's review of the country's debt. The release was scheduled on friday, october 12, however, it was postponed. Some analysts expect it to be released after the medium-term budget policy statement (MTBPS) on october 24.
FBS at social media
Contact us
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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize
The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran
Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203
For cooperation, please contact us via support@fbs.Com or +35 7251 23212.
Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.
Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.
Data collection notice
FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.
Fullstream business services
Driving value through technology
SERVICES
Business consulting
By embracing principles of continuous improvement, we have succeeded in developing methods, models and tools that assist our teams when analysing our clients requirements
This helps with addressing them in the most effective and efficient manner. All by employing best practices in all we do. This capability represents a key competitive advantage edge. A key principle is that we strive to define, design, deliver and harvest business benefits from all our engagements
IT management consulting
Our IT consulting services assist you in ensuring that your IT resources are able to quickly and efficiently adapt to changing business requirements and strategies and is delivered in the most cost-effective manner. This to suit the pace of your business growth
We work with you to assess your current IT reality by delivering expert insight and robust recommendations that enhance your decision-making, aligning this with your business and technology strategies
Managed services
Finding and retaining resources with the right skills and experience for your IT organization can be challenging. Especially when you need to swiftly scale IT teams up and down to match business demands
Through our network of partners and associates, we provide skilled IT professionals to supplement existing client teams. With this offering, we provide a combination of local and offshore resources as desired, thereby minimizing cost and maximizing flexibility
Training and education
FBS has made professional training an integral part of its services provided. We provide corporate professionals with a wide range of certified courses including public training, in-house training and self-study courses
South africa got ‘junk’ status from moody’s
What’s going on?
Moody’s downgraded the country to ‘junk’ status on friday. It sent the country’s CDS up 31 basis points to 439 on monday, data from IHS markit showed. The country was stripped of its last remaining investment grade rating. In fact, south africa’s economy collapsed before the coronavirus outbreak.
Consequences
South africa’s 5-year credit default swaps - used by investors to insure against a government debt default - jumped to their highest level since 2009. As a result, it will fall out of the FTSE world government bond index after april, which could prompt significant capital outflows. Moreover, it will also surge borrowing costs, and that will make it even more difficult for the government to close the budget gap.
What does it mean?
Let’s look at the chart below that represents USD/ZAR exchange rate monthly. The rand fell to a record low of 17.9630. The direction of USD/ZAR is skewed to the upside. It may reach 18.0000 mark and break above previous 2016 high of 17.7840. On the downside, USD/ZAR remains supported above 15.3750, which marks the 61.8% fibonacci retracement.
Similar
Jump in to know the key market events and trading ideas for this week!
USD’s rally takes a pause, while riskier assets are modestly rising.
Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
Latest news
The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and nasdaq dropped from the all-time highs, while the USD jumped higher.
S&P 500 skyrocketed to the all-time high on optimism that biden’s fiscal stimulus will support economic growth and boost corporate earnings.
PMI reports from the EU, the UK, and the USA will be released during the day!
Fullstream business services
Driving value through technology
SERVICES
Business consulting
By embracing principles of continuous improvement, we have succeeded in developing methods, models and tools that assist our teams when analysing our clients requirements
This helps with addressing them in the most effective and efficient manner. All by employing best practices in all we do. This capability represents a key competitive advantage edge. A key principle is that we strive to define, design, deliver and harvest business benefits from all our engagements
IT management consulting
Our IT consulting services assist you in ensuring that your IT resources are able to quickly and efficiently adapt to changing business requirements and strategies and is delivered in the most cost-effective manner. This to suit the pace of your business growth
We work with you to assess your current IT reality by delivering expert insight and robust recommendations that enhance your decision-making, aligning this with your business and technology strategies
Managed services
Finding and retaining resources with the right skills and experience for your IT organization can be challenging. Especially when you need to swiftly scale IT teams up and down to match business demands
Through our network of partners and associates, we provide skilled IT professionals to supplement existing client teams. With this offering, we provide a combination of local and offshore resources as desired, thereby minimizing cost and maximizing flexibility
Training and education
FBS has made professional training an integral part of its services provided. We provide corporate professionals with a wide range of certified courses including public training, in-house training and self-study courses
FBS review
Founded in 2009, FBS is a leading regulated, forex and cryptocurrencies broker with numerous international industry awards for excellence. FBS offers trading on the popular MT4 and MT5 suite of platforms from all devices, for multiple account types including a low risk, $1 deposit ‘cent’ account for ‘newbies’. Not only does FBS provide the highest leverage on the market, up to 1:3000 and free deposit insurance, but lucrative promotions, bonuses and contests are a central feature. Whilst FBS provides trading in 190 countries, customers in south africa and asia make up a large proportion of the 8 million traders that have joined the ‘big international and successful family’ at FBS.
FBS demo account
Customers in south africa and across the globe, can choose from six diverse trading accounts, each with a package of benefits tailored for the individual needs and goals of the clients at FBS. We saw that free deposit insurance is offered to traders with cent, micro and standard accounts.
Notably, traders can insure from 10% to 100% of their account balance by completing the specified trading volume to qualify for the break-even, ‘loss-free’ trading promotion at FBS.
Moreover, at the time of writing this review, a welcome bonus of $50 was offered to traders setting up an account, before making a real money deposit. Surprisingly, leverage provided by FBS of up to 1:500, gives traders an opportunity to trade with more than the $50 bonus, boosting potential profits. We were impressed to see that profits up to $500 made with welcome bonus, can be withdrawn from a funded trading account, after two lots have been traded.
Additionally, a free unlimited, demo account is offered to all clients opening a trading account with FBS, providing virtual funds for risk-free practice trading on the MT4 platform.
All traders who have deposited $10,000 to their trading accounts and traded 50 lots, are immediately given VIP client status by FBS and exclusive advantages. These include an account manager speaking the client’s preferred language, priority processing of deposits and withdrawal requests, a VIP certificate and gifts on special occasions.
FBS cent account
- Minimum first deposit $1
- Floating spreads from 1 pip
- 0% trading commission
- Maximum leverage 1:1000
- Up to 200 open positions and pending orders permitted
- Order volume up to 1000 cent lots
- STP market execution from 0.3 seconds
- Swap free trading available
- Free funds insurance
- 5 digits quotes
FBS micro account
- Minimum first deposit $5
- Fixed spreads from 3 pips
- 0% trading commission
- Maximum leverage 1:3000
- Up to 200 open positions and pending orders permitted
- Copytrade function available on MT4
- Order volume up to 500 lots
- STP market execution from 0.3 seconds
- Swap free trading available
- Free funds insurance
- 5 digits quotes
FBS standard account
- Minimum first deposit from $100
- Floating spreads from 0.5 pips
- 0% trading commission
- Maximum leverage up to 1:3000
- Up to 200 open positions and pending orders
- Order volume up to 500 lots
- Copytrade function available on MT4
- STP market execution from 0.3 seconds
- Swap free trading available
- Free funds insurance
- 5 digits quotes
FBS zero spread account
- Minimum first deposit from $500
- Fixed spreads from 0 pips
- From $20 per lot trading commission
- Maximum leverage up to 1:3000
- Order volume up to 500 lots
- Maximum of 200 open positions and pending orders
- STP market execution from 0.3 seconds
- 5 digits quotes
- Swap free trading available
FBS unlimited account
- Minimum initial deposit $500
- Floating spread from 0.2 pips
- 0% commission
- Maximum leverage up to 1:500
- No limits on open positions and pending orders
- Order volume up to 500 lots
- Swap free trading available
- 5 digits quotes
- Copytrade function available on MT4
- Momentary, STP market execution
FBS ECN account
- Minimum initial deposit from $1,000
- Floating spreads from -1 pips
- $6 commission
- Maximum leverage up to 1:500
- No limits on open trading positions and pending orders
- Order volume up to 500 lots
- 5 digits quotes
- ECN market execution
Tip: consider IQ option south africa instead – the best regulated broker for south african traders with a minimum deposit of only $10!
FBS promotional offers
Traders in south africa and other countries, have access to promotions, bonuses and competitions at FBS that are prolific and varied. At the time of writing this review we saw a long list of promos including a no deposit welcome bonus of $123, competition to win a car, cash back offer and an FBS lucky T-shirt offer. Importantly, all promotional offers have strict terms and conditions attached that should be read carefully in the ‘personal area’ of the account page, before accepting. Typically, traders must execute a specified trading volume in a given time, before withdrawing profits generated with the bonus money.
FBS trading software
Traders at FBS can choose between the metatrader4 and the more sophisticated metatrader5 suite of trading platforms. Importantly both metatrader platforms offer numerous advantages, including trading without deviations and with a wide range of leverage. Both the MT4 and the MT5 platforms are available as secure download platforms for windows on desktop computers. Additionally, as browser-based webtraders, and mobile trading platforms for ios and android operated devices. The dedicated mobile apps are available for free from the apple app store and from google play.
All FBS traders have access to market orders, limit orders and stop orders (including trailing stop orders). Furthermore, a select choice of trader tools and market analytics are provided by FBS on the dashboard of the website. These include central bank rates, forex calculators, forex TV, forex news and daily market analysis.
All FBS account types, except the ECN account, give access to 35 currency pairs, 4 metals, 3 CFD and 4 cryptocurrencies with instant execution, and no requotes on the MT4 and MT5 trading platforms. We were impressed to see that 95% of orders are executed within 0.4 seconds, ensuring minimum impact of asset price changes on trading decisions.
FBS metatrader4 and MT5 shared platforms features
- More than 41 tradeable instruments
- Same login data to enter all platforms
- One-click trading
- Live streamed news and updates
- Low spreads
- Auto-trading strategies with expert advisors
- 50 technical indicators and charting tools
- 3 chart types
- Optional micro-lot account
- Hedging allowed
- VPS service support
FBS scam
Customers in south africa and all over the world, can choose from dozens of secure payment methods listed at FBS in the deposit and withdrawal section. The funding methods include the traditional payment methods, visa and mastercard as well as the cryptocurrency payment providers, bitcoin by skrill and mybitwallet. E-wallets payment services operating in various regions of the globe are also supported by FBS.
Most deposits to FBS are free of fees and commissions, however, the fees for withdrawals vary according to the method chosen by the customer. Moreover, the currencies accepted for each payment method are specified on the website and tend to be in EUR and USD. We saw that withdrawals take around 48 hours to process and deliver to customers’ accounts.
Nevertheless, before withdrawals are processed by FBS, clients are obliged to submit copies of an official ID document along with a bank statement or utility bill, showing the client’s name and address. Importantly, account verification is done in compliance with anti-money laundering regulations and to keep customers’ accounts safe from fraudulent online activity. We did not find any complaints about FBS scam.
FBS is owned by FBS markets inc, number 1 orchid garden street, belmopan, belize, CA. The payment agent for FBS markets inc is HDC technologies ltd, arch. Makariou III and vyronos, P.Lordos center, block B, office 203, nicosia , cyprus. FBS is regulated by the IFSC in belize and by the cyprus securities and exchange commission (cysec).
Traders can contact the live chat helpline directly from the interface 24/7. Alternatively, they can send a message to the support team over ‘telegram’ or ‘messenger’ on the contact page and request a call back in their own language. The FBS website is currently offered in 6 european languages as well as 13 asian languages including arabic, english, italian, german, french, portuguese, spanish, chinese, bengali, bahasa malaysia, bahasa indonesia, japanese, vietnamese, urdu, turkish, korean, lao, thai and burmese.
Further customer support is offered to clients in south africa and all over the globe through the vast amount of free educational resources at FBS. Clients can read the forex guidebook and tips for traders, take video lessons and seminars, as well as participate in live webinars online.
Fetal bovine serum
Fetal bovine serum (FBS) is derived from coagulated whole blood, collected from the fetus by cardiac puncture. The blood is immediately centrifuged and the serum is frozen for transfer to our treatment facilities. Upon receipt at the processing plant, the serum is thawed, tested for acceptability, collected and passed through three sterilization filters of 100 nm (0.1 μm). The serum is bottled by an asceptic filling process.
Complete traceability
For all our batches, we have complete traceability. The labeling system is computerized and designed for clarity from batch to batch. Each batch is monitored throughout processing and production to final packaging. The geographical origin is indicated on the certificate of analysis which accompanies each delivery of fetal bovine serum.
Quality control tests
All sera are rigorously tested for sterility, mycoplasmas, viruses (BVD, IBR and PI3). Each batch is also tested for its ability to withstand cell growth in vitro, plating efficiency and cloning efficiency on the following cell lines: hela, L929, SP2 / O-AG14, MRC-5. Certified and specially certified sera are subjected to a battery of additional tests including endotoxin, chemical components, protein electrophoresis and radial immunodiffusion.
Donors of european origin are tested for BSE before treatment in accordance with european regulation 999/2001. All animals tested are BSE negative.
FBS review
Founded in 2009, FBS is a leading regulated, forex and cryptocurrencies broker with numerous international industry awards for excellence. FBS offers trading on the popular MT4 and MT5 suite of platforms from all devices, for multiple account types including a low risk, $1 deposit ‘cent’ account for ‘newbies’. Not only does FBS provide the highest leverage on the market, up to 1:3000 and free deposit insurance, but lucrative promotions, bonuses and contests are a central feature. Whilst FBS provides trading in 190 countries, customers in south africa and asia make up a large proportion of the 8 million traders that have joined the ‘big international and successful family’ at FBS.
FBS demo account
Customers in south africa and across the globe, can choose from six diverse trading accounts, each with a package of benefits tailored for the individual needs and goals of the clients at FBS. We saw that free deposit insurance is offered to traders with cent, micro and standard accounts.
Notably, traders can insure from 10% to 100% of their account balance by completing the specified trading volume to qualify for the break-even, ‘loss-free’ trading promotion at FBS.
Moreover, at the time of writing this review, a welcome bonus of $50 was offered to traders setting up an account, before making a real money deposit. Surprisingly, leverage provided by FBS of up to 1:500, gives traders an opportunity to trade with more than the $50 bonus, boosting potential profits. We were impressed to see that profits up to $500 made with welcome bonus, can be withdrawn from a funded trading account, after two lots have been traded.
Additionally, a free unlimited, demo account is offered to all clients opening a trading account with FBS, providing virtual funds for risk-free practice trading on the MT4 platform.
All traders who have deposited $10,000 to their trading accounts and traded 50 lots, are immediately given VIP client status by FBS and exclusive advantages. These include an account manager speaking the client’s preferred language, priority processing of deposits and withdrawal requests, a VIP certificate and gifts on special occasions.
FBS cent account
- Minimum first deposit $1
- Floating spreads from 1 pip
- 0% trading commission
- Maximum leverage 1:1000
- Up to 200 open positions and pending orders permitted
- Order volume up to 1000 cent lots
- STP market execution from 0.3 seconds
- Swap free trading available
- Free funds insurance
- 5 digits quotes
FBS micro account
- Minimum first deposit $5
- Fixed spreads from 3 pips
- 0% trading commission
- Maximum leverage 1:3000
- Up to 200 open positions and pending orders permitted
- Copytrade function available on MT4
- Order volume up to 500 lots
- STP market execution from 0.3 seconds
- Swap free trading available
- Free funds insurance
- 5 digits quotes
FBS standard account
- Minimum first deposit from $100
- Floating spreads from 0.5 pips
- 0% trading commission
- Maximum leverage up to 1:3000
- Up to 200 open positions and pending orders
- Order volume up to 500 lots
- Copytrade function available on MT4
- STP market execution from 0.3 seconds
- Swap free trading available
- Free funds insurance
- 5 digits quotes
FBS zero spread account
- Minimum first deposit from $500
- Fixed spreads from 0 pips
- From $20 per lot trading commission
- Maximum leverage up to 1:3000
- Order volume up to 500 lots
- Maximum of 200 open positions and pending orders
- STP market execution from 0.3 seconds
- 5 digits quotes
- Swap free trading available
FBS unlimited account
- Minimum initial deposit $500
- Floating spread from 0.2 pips
- 0% commission
- Maximum leverage up to 1:500
- No limits on open positions and pending orders
- Order volume up to 500 lots
- Swap free trading available
- 5 digits quotes
- Copytrade function available on MT4
- Momentary, STP market execution
FBS ECN account
- Minimum initial deposit from $1,000
- Floating spreads from -1 pips
- $6 commission
- Maximum leverage up to 1:500
- No limits on open trading positions and pending orders
- Order volume up to 500 lots
- 5 digits quotes
- ECN market execution
Tip: consider IQ option south africa instead – the best regulated broker for south african traders with a minimum deposit of only $10!
FBS promotional offers
Traders in south africa and other countries, have access to promotions, bonuses and competitions at FBS that are prolific and varied. At the time of writing this review we saw a long list of promos including a no deposit welcome bonus of $123, competition to win a car, cash back offer and an FBS lucky T-shirt offer. Importantly, all promotional offers have strict terms and conditions attached that should be read carefully in the ‘personal area’ of the account page, before accepting. Typically, traders must execute a specified trading volume in a given time, before withdrawing profits generated with the bonus money.
FBS trading software
Traders at FBS can choose between the metatrader4 and the more sophisticated metatrader5 suite of trading platforms. Importantly both metatrader platforms offer numerous advantages, including trading without deviations and with a wide range of leverage. Both the MT4 and the MT5 platforms are available as secure download platforms for windows on desktop computers. Additionally, as browser-based webtraders, and mobile trading platforms for ios and android operated devices. The dedicated mobile apps are available for free from the apple app store and from google play.
All FBS traders have access to market orders, limit orders and stop orders (including trailing stop orders). Furthermore, a select choice of trader tools and market analytics are provided by FBS on the dashboard of the website. These include central bank rates, forex calculators, forex TV, forex news and daily market analysis.
All FBS account types, except the ECN account, give access to 35 currency pairs, 4 metals, 3 CFD and 4 cryptocurrencies with instant execution, and no requotes on the MT4 and MT5 trading platforms. We were impressed to see that 95% of orders are executed within 0.4 seconds, ensuring minimum impact of asset price changes on trading decisions.
FBS metatrader4 and MT5 shared platforms features
- More than 41 tradeable instruments
- Same login data to enter all platforms
- One-click trading
- Live streamed news and updates
- Low spreads
- Auto-trading strategies with expert advisors
- 50 technical indicators and charting tools
- 3 chart types
- Optional micro-lot account
- Hedging allowed
- VPS service support
FBS scam
Customers in south africa and all over the world, can choose from dozens of secure payment methods listed at FBS in the deposit and withdrawal section. The funding methods include the traditional payment methods, visa and mastercard as well as the cryptocurrency payment providers, bitcoin by skrill and mybitwallet. E-wallets payment services operating in various regions of the globe are also supported by FBS.
Most deposits to FBS are free of fees and commissions, however, the fees for withdrawals vary according to the method chosen by the customer. Moreover, the currencies accepted for each payment method are specified on the website and tend to be in EUR and USD. We saw that withdrawals take around 48 hours to process and deliver to customers’ accounts.
Nevertheless, before withdrawals are processed by FBS, clients are obliged to submit copies of an official ID document along with a bank statement or utility bill, showing the client’s name and address. Importantly, account verification is done in compliance with anti-money laundering regulations and to keep customers’ accounts safe from fraudulent online activity. We did not find any complaints about FBS scam.
FBS is owned by FBS markets inc, number 1 orchid garden street, belmopan, belize, CA. The payment agent for FBS markets inc is HDC technologies ltd, arch. Makariou III and vyronos, P.Lordos center, block B, office 203, nicosia , cyprus. FBS is regulated by the IFSC in belize and by the cyprus securities and exchange commission (cysec).
Traders can contact the live chat helpline directly from the interface 24/7. Alternatively, they can send a message to the support team over ‘telegram’ or ‘messenger’ on the contact page and request a call back in their own language. The FBS website is currently offered in 6 european languages as well as 13 asian languages including arabic, english, italian, german, french, portuguese, spanish, chinese, bengali, bahasa malaysia, bahasa indonesia, japanese, vietnamese, urdu, turkish, korean, lao, thai and burmese.
Further customer support is offered to clients in south africa and all over the globe through the vast amount of free educational resources at FBS. Clients can read the forex guidebook and tips for traders, take video lessons and seminars, as well as participate in live webinars online.
Fetal bovine serum
Biowest FBS : fetal bovine serum is extracted from clotted whole blood collected aseptically from the fetus via cardiac puncture.
Each manufactured batch is rigorously controlled: starting with the collection of the serum, its treatment and production, to the final packaging on our premises.
- Biowest analyses, classifies and tests its products before shipment to customers all over the world. Each batch is delivered with a certificate of analysis.
- Biowest quality system can trace raw materials back to the original supplier and slaughterhouse where they were collected.
- Biowest vertical integration system provides origin certification and full sera traceability.
All geographical origins can be treated, please contact us for inquires.
- Discover biowest fetal bovine sera: (see catalogue)
- Invitation to customer : traceability is a component of ISO audits. Each batch of sterile serum is controlled internally beginning with the importation of raw serum through final filtration and labeling. Copies of all documentation are available in paper and electronic formats. Biowest invites customers to follow a bottle and batch of serum back to the abattoirs and countries from where the raw serum was collected, and confirm the harvesting of raw serum forward to the finished batch of sterile serum. We invite you to become familiar with biowest's certifications, traceability system, and integrated controls (QA sops, SAP) as part of a traceability audit.
- Read our documentation about FBS : important information about FBS
#1 guide to forex trading in south africa
Africa platform is a project launched to help south african online traders and investors to find the best and most reputed online forex brokers in the industry. It is run by a team of expert traders who are eager to help other traders, especially beginners, find the best products in the trading industry.
We research and test licensed, regulated, and reputed forex brokers before reviewing and rating them. We encourage traders to read our reviews, make a comparative study of various online forex brokers, and choose one that best suits their trading styles, goals, and requirements.
Traders can rest assured that we choose only licensed and regulated online forex brokers, which enjoy an excellent reputation in the trader community. At the same time, we have blacklisted a number of shady companies that we would like you to avoid.
In addition, we offer a comprehensive library of high-quality articles on CFD trading, forex trading, options trading, trading strategies, trading tips, and automated trading. Our aim is to provide free and high-quality trading education to those who visit us.
How we choose top forex brokers
We spend a lot of time researching an online forex broker before actually reviewing it, rating it, and recommending it to traders. We actually sign up at the online broker services we advocate so that we have authentic and insider information to share.
While choosing top FX brokers, we take the following criteria into consideration:
- Licensing and regulation – we recommend opening accounts only at licensed and regulated brokers.
- Spreads – brokers offering the lowest spreads need not always be the best. So we research a combination of factors such as execution quality, swap, commission, and spread before recommending a product.
- Trading platforms – we choose only brokers offering CFD and forex platforms that suit a variety of trading requirements.
- No restriction on trading styles – we do not advocate brokers that limit or restrict trading styles.
- Slippage and quality of order execution – our recommended FX brokers not only have low spreads, but also execute orders at asking price.
- 100% secure – we never support FX brokers that fail to segregate trader funds from operational funds.
- Optional leverage – cfds and currency pairs are leveraged products. So we recommend online brokers that enable traders to choose their leverage.
- Customer support – we select only FX brokers that respect their traders and provide them excellent customer support.
- Wide range of trading accounts – great brokers offer a wide range of trading accounts to suit a variety of trading styles and requirements.
- Diverse trading instruments – since we are aware that most traders prefer to invest in multiple financial markets, we support only brokers that offer a wide range of trading instruments.
- Trading tools – online brokers that fail to offer great trading tools are not worth considering. We therefore choose online brokers offering demo accounts, trading tools, add-ons, and other features that help them to make successful trades.
- Education – we recommend brokers that provide high-quality educational material. This is because we want forex beginners to learn the ins and outs of trading on demo accounts before actually beginning to trade for real. This greatly minimizes the risks of trading, which is anyway fraught with risks even for expert traders.
Best forex brokers in south africa
South african traders have a wide choice when it comes to online forex brokers, but our team has handpicked the following as the top forex brokers for south african investors and traders to sign up at:
- IC markets claims to be the world’s biggest true ECN forex broker. You can start live trading right away or work on a free demo account. IC markets’ true ECN environment has spreads that start from 0.0 pips, no price manipulation, no restrictions, and no requotes. The online broker attracts a number of scalpers, robots, and high volume traders for these reasons. IC markets offers trading on over 60 currency pairs, 17 indices, 19 commodities, 5 bonds, and 120 stocks. Traders can choose from powerful trading platforms such as MT5, MT4, and ctrader for windows, browser, mac, android, and ios.
- IQ option offers trading instruments such as cryptocurrencies, indices, options, stocks, commodities, and etfs. Traders can trade cfds on 187 stocks with leverage of up to 20x. In addition, they can choose from 52 options, 75 forex pairs, 24 cryptocurrencies, 10 indices, six commodities, and 22 etfs. The online broker offers not only the best trading instruments, but also the best trading tools such as stock screeners, newsletters, volatility alerts, market updates, and calendars. It allows registration via google or facebook accounts. Or you can just reveal your details and open an account. You can read more about IQ option here.
- Finmaxfx offers bonuses to new customers. Financial broker finmaxfx appeared on the market a few years ago, but for such a short period of its existence finmax FX managed not only to win the attention of users, but also to push all its competitors into the background. The main mission of the broker is to help all its clients to realize their investment potential. The company approaches each user individually, sees and hears his problems, provides operational assistance and support to give him all the opportunities to develop in trading and achieve success.
- FXCM offers forex trading 24 hours per day and five days per week. Traders can trade micro cfds on GER30, US30, and UK100, absolutely free of commission. They can get started by making a minimum deposit of $50. If you are unsure about trading, you can open an FXCM practice account for free, test the online trading platform, and practice trading without risking your own money.
- FX pro has more than 15 years of industry experience to its credit. You can trade cfds on shares, spot indices, futures, forex, spot energies, and spot metals. You can choose from four trading platforms such as MT4, MT5, edge, and ctrader. The trading environment features ultra fast execution of trade orders, enabling the online broker to execute orders in less than 11.06ms. Moreover, the online broker offers 24/5 support in multiple languages. You can definitely rely on a broker that has won more than 60 international and UK awards.
- Hotforex is the home of supercharged bonuses, which can help you to boost your trading. The online broker offers bonuses such as 100% supercharged bonus with instant rebates, 30% rescue bonus, and 100% credit bonus. The best features of this online broker are 12 trading platforms, account leverage of up to 1:1000, 100% credit bonus, $0 fees on deposits, and 24/5 customer support. Ever since its launch in 2010, over 1,300,000 traders have opened accounts at hotforex. The online broker employs 200+ employees from different parts of the world. The online broker has won 20+ industry awards and supports 27 languages. Those who wish to trade on the move can download the mobile trading apps for android and ios from the google play store and apple store, respectively.
- JP markets is one of the best online forex traders for south african traders because it is licensed and regulated by the financial services board of south africa. The online forex broker offers sophisticated security for traders’ money, fast trading platforms, negative balance protection, friendly customer support, fast payouts and deposits, and zero fees. Jpmarkets is the biggest forex broker in africa and south africa. Ever since its establishment a few years back, the company witnessed fast growth and expanded quickly into pakistan, bangladesh, and kenya.
- CM trading calls itself “your local international broker” and offers trading on forex, indices, commodities, and stocks. Since it is voted as the “best performing broker in africa 2017,” it is one of the best online brokers for south african traders and investors. Traders can choose from platforms such as copykat, 1×1 trading, and MT4 for the best online trading experience. CM trading is safe and secure as it constantly evolves with financial authority requirements. It separates client funds with company’s funds and never mixes the two for any purpose. In addition, it implements the latest secure sockets layer (SSL) technology to keep client details safe. Cmtrading is also a great place to learn trading as it offers high-quality educational materials such as webinars, training videos, and ebooks. Traders can get started by downloading the MT4 app for android, desktop, or ios. If they prefer browser-based trading, they can trade on webtrader.
- FBS forex. You can get started at FBS.Com on a training account. Demo or training accounts at FBS.Com give traders the opportunity to practice for free till they gain the experience and expertise they require to trade for real. Traders can choose from a wide range of account types, download trading software for windows and mac or apps for ios and android smartphones and tablets, and trade 46 instruments across a variety of asset classes. The advantages of trading with FBS.Com are many. The online broker offers generous bonuses and runs exciting promotions. It offers a variety of safe, secure, and reliable funding methods and provides plenty of learning opportunities for beginners who want to learn how to trade.
Best CFD brokers in south africa
We have selected the following top CFD brokers for south african traders and investors who like to trade cfds on a wide range of assets such as commodities, bonds, shares, currency pairs, and others:
- XM forex. XM.Com allows you to open a demo account and invest in more than 100 shares. You can trade cfds on commodities, metals, indices, energies, and stocks. Forex trading on over 55 international currency pairs is also available. More than 2.5 million clients are signed up at XM broker because it is licensed in australia, UK, belize, and cyprus. Its staff speaks 30+ languages to serve clients from more than 196 countries from different parts of the world. South africans can trade 1000+ instruments across seven classes of assets. To get the ultimate online trading experience, they can choose from 16 trading platforms. If you know nothing about trading, you can use the online broker’s extensive range of educational materials, including webinars, seminars, market research, and trading tools.
- Forex time (FXTM). The best time to sign up at forextime.Com (FXTM) is now as it is offering a big deposit bonus of $5,000. If you are new to trading, FXTM is a great place to learn, trade, and invest. The educational materials include a free demo account, local & online seminars, step-by-step articles & tutorials, and personal account managers. The online trading environment features tight spreads, sophisticated trading tools, risk protection, and high-speed execution of trade orders. If you prefer to invest, you may do so by joining FXTM invest. There are no hidden fees to worry about and you can automatically copy trades from professional traders and earn profits when they do.
- Pepperstoneis an award-winning online broker ideal for gold, oil, forex, and CFD trading. The online broker offers 24/5 trading across 72 classes of assets. Since it processes trades worth an average of US$ 8.3 billion daily, it becomes one of the top online brokers in the world. The CFD broker has won 17 industry awards in recognition and appreciation of its innovative technology, client service, and FX brokerage. Traders can choose from sophisticated platforms such as MT5, MT4, webtrade, and ctrader, along with mobile trading apps for android and ios.
Conclusion
Forex trading and CFD trading are fun, but not everybody’s cup of tea. Eager beginners must understand the various risks associated with trading. Before plunging headlong into the tempestuous sea of trading, they should focus on getting educated.
Fortunately, all the above-mentioned online trading services we recommend for south african traders produce free and high-quality educational resources such as video tutorials, ebooks, ecourses, webinars, and articles on trading and subjects related to trading. We encourage you to get started with a demo account and practice trading for several days till you gain the confidence you need to start trading for real.
We also encourage you to read our top guides, such as complete guide to forex trading, no deposit bonus offers for south african traders, top binary options platforms in africa and complete guide to cfds. If you want to start trading, these guides will be of great use to you.
So, let's see, what we have: claim your bonus & cashback! Is FBS forex reliable CFD & forex broker? Is it regulated in south africa, kenya, nigeria and other african countries? In-depth review (updated). At fbs south africa
Contents of the article
- New forex bonuses
- FBS forex review
- 5 reasons for south african traders to choose FBS...
- Is FBS forex reliable forex broker?
- Getting started – different account types
- Trading instruments
- Trading platforms
- Payment methods at FBS.Com
- 7 promos & bonus offers at FBS
- Five unique features of FBS forex
- FBS forex faqs
- Conclusion – our opinion of FBS forex
- Tag - south africa
- Data collection notice
- Fullstream business services
- Driving value through technology
- SERVICES
- South africa got ‘junk’ status from moody’s
- Fullstream business services
- Driving value through technology
- SERVICES
- FBS review
- FBS demo account
- FBS scam
- Fetal bovine serum
- FBS review
- FBS demo account
- FBS scam
- Fetal bovine serum
- #1 guide to forex trading in south africa
- How we choose top forex brokers
- Best forex brokers in south africa
- Best CFD brokers in south africa
- Conclusion
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