Register fbs
An email confirmation link will be sent to your email address. Make sure to open the link in the same browser your open personal area is.
New forex bonuses
To register a personal area with FBS visit our website and click on the “ open an account ” button in the top right corner of the website.
I want to register an account
The process of opening an account with FBS is simple.
To register a personal area with FBS visit our website and click on the “ open an account ” button in the top right corner of the website.
You can register via a social network or enter the data required for the account registration manually.
Let’s go through the second option.
Enter your valid email and full name. Make sure to check that the data is correct; it will be needed for verification and a smooth withdrawal process. Then click on the “register as trader” button.
You will be shown a generated temporary password. You can continue using it, but we recommend you to create your password.
An email confirmation link will be sent to your email address. Make sure to open the link in the same browser your open personal area is.
As soon as your email address is confirmed, you will be able to open your first trading account. You can open a real account or demo one.
FBS offers a variety of account types. If you are a newbie, we may recommend you to choose cent account to trade with smaller amounts of money as you get to know the market.
If you already have forex trading experience, you might want to choose micro, standard, ECN or zero spread account.
Depending on the account type, it may be available for you to choose the metatrader version, account currency, and leverage.
Congratulations! Your registration is finished!
You will see your account information. Make sure to save it and keep it in a safe place. Note that you will need to enter your account number (metatrader login), trading password (metatrader password), and metatrader server to metatrader4 or metatrader5 to start trading.
Don’t forget that to be able to withdraw money from your account, you need to verify your profile first.
Trade forex, cfds, stocks and metals with honest broker
For newbies, risks are 100 times lower
Highest honest leverage on market
Wide payment systems geography
Feel free to choose any account type you like!
For experienced market players making their way to forex heights
Perfectly suits those who are just starting on their way to success on forex
Ideal for those who want to calculate their profit precisely
Designed for those who prefer trading at the fastest speed
For those who want to feel the full power of trading with ECN technologies
To grow your confidence, train your trading skills on a demo account.
Deposit with your local payment systems
Be armed with the latest news
FBS new year promo results
FBS runs a christmas charity event in brazil
Dreams come true winner gets a motorcycle to help him and his students commute
Cable takes another peek above 1.3700
USD/CHF: a bullish breakthrough
Should you buy apple in 2021?
Lots and lots of pmis on friday
Market outlook for this week
FBS at social media
Contact us
- Zopim
- Fb-msg
- Viber
- Line
- Telegram
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.
Trading
Upgrade your profit, trade with the best conditions!
Account comparsion
- Cent account
- Micro account
- Standard account
- Zero account
- ECN account
- Floating spread from 1 pip
- Fixed spread from 3 pips
- Floating spread from 0,5 pip
- Fixed spread 0 pip
- Floating spread from -1 pip
- Up to 1:1000
- Up to 1:3000
- Up to 1:3000
- Up to 1:3000
- Up to 1:500
Maximum open positions and pending orders
- From 0,01 to 1 000 cent lots
(with 0,01 step) - From 0,01 to 500 lots
(with 0,01 step) - From 0,01 to 500 lots
(with 0,01 step) - From 0,01 to 500 lots
(with 0,01 step) - From 0,1 to 500 lots
(with 0,1 step)
- From 0,3 sec, STP
- From 0,3 sec, STP
- From 0,3 sec, STP
- From 0,3 sec, STP
- ECN
Account types, except ECN account, support the following trading instruments: 35 currency pairs, 4 metals, 6 CFD.
Frequently asked questions
What trading account should I choose?
FBS offers various account types designed to meet your needs, including cent , micro , standard , zero spread , and ECN accounts with unique trading conditions. For newbies who have no trading experience, we recommend opening a demo account first, and only after that a micro or cent account. For those who are not the first day in trading, we advise opening a standard account – a classic one. And for real professionals, we suggest a zero spread account or ECN account.
How do I start trading?
First, it's really important to remember that becoming a successful trader isn't an overnight process. It takes time to become familiar with the markets, and there's a whole new vocabulary to learn. For this reason, legitimate brokers like FBS offer demo accounts. To open a demo account, you need to register first. After that, download trading software to open and close your first order.
What is forex trading?
Forex, also known as the foreign exchange market or FX market, is the world's most traded market, with a $5.1 trillion turnover per day. In simple words, forex trading is the process of converting one country's currency into the currency of another country, aiming to make a profit from the changes in its value.
What is a trading account?
To start trading on forex, you must open an account. The primary purpose of trading accounts is to make transactions (open and close orders) with various financial instruments. The trading account is similar to the bank one – you use it to store, deposit, and withdraw money. However, deposits and withdrawals are available only after you verify your account.
Why is FBS the best broker for online trading?
FBS is a legitimate forex broker regulated by the international financial services commission, license IFSC/000102/124 , which makes it trustworthy and reliable. We offer our clients the best trading conditions on the market, including different bonuses, convenient trading tools such as CFD trading and stock trading among trading classic currency pairs , regular promotions , the most transparent affiliate commission up to $80 per lot, 24/7 customer support, and more.
Download trading platform
Metatrader 4
- Download for windows
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- Start trading online
- Download multiterminal
- Download for mac os
Metatrader 5
- Download for windows
- Download for ios in appstore
- Download for android in googleplay
- Start trading online
- Download for mac os
Deposit with your local payment systems
FBS at social media
Contact us
- Zopim
- Fb-msg
- Viber
- Line
- Telegram
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.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner forex book
Beginner forex book will guide you through the world of trading.
Fxdailyreport.Com
FBS markets inc is a forex brokerage firm with offices located in several countries. The company is regulated by the international financial services commission (IFSC). Operating with steallar performance for the past 9 years has earned the company several awards. Opening an account with FBS markets inc is something many traders would love to do given the awards that the company has won in recent years.
So what is the process of registering for/opening a forex trading account with FBS markets inc? The procedure is spelt out below.
How to open an account on FBS markets inc
Opening an account with FBS markets inc is a procedure which can be completed online in a few basic steps. You will need to provide some information about yourself and your finances during the application process.
- On the FBS markets inc account opening page, click the link “open live account“.
- Fill the form fields with the data required for account opening. As part of the live account opening process, you will need to select the account type you want to operate, as well as the currency in which your trading activity will be performed (euro or US dollar).
- After filling the online form down to the last page, click the button “open an account”.
- Once you are done with the account opening process, you will be issued with a username and password and these will be sent to you via email. The password is a temporary one which is used to complete the account opening process. Enter this password and click the “open an account” again.
It is important that the personal data you enter in your name and address fields matches those on your official identification documents. This will become necessary during the account verification process which follows account opening.
After opening your account on FBS markets inc, you will be sent the permanent login details to enable you access the account. At this stage however, the account is still not ready to use. The account needs to be activated through a process known as account verification.
Trading
Upgrade your profit, trade with the best conditions!
Account
comparison
For experienced market players making their way to forex heights
initial deposit €100 (or equivalent in $) spread floating from 1 pip commission (commissions may be charged when trading some instruments) €0 leverage up to 1:30 maximum open positions and pending orders 400 order volume from 0,01 to 500 lots (with 0,01 step) market execution from 0,3 sec
For beginners who want to trade real funds without risking too much.
A cent account differs from a standard one only in the balance that is shown in cents.
1 cent lot equals 0,01 of a standard lot or 1,000 units. The max order volume is 500 cent lots, which is 5 standard lots or 500,000 units. Cent accounts involve a different level of risk. We recommend them for beginner traders.
Initial deposit €10 (or equivalent in $) spread floating from 1 pip commission (commissions may be charged when trading some instruments) €0 leverage up to 1:30 maximum open positions and pending orders 400 order volume min volume 0.01 cent lot (=0.0001 standard lots or 10 units) step per volume = 0.01;
max volume 500 cent lot (=5 standard lots or 500 000 units) market execution from 0,3 sec
Perfectly suits those who are starting their way to success on forex
initial deposit not required spread floating spread from 1 pip leverage up to 1:30 maximum open positions and pending orders 400 order volume from 0,01 to 500 lots (with 0,01 step) market execution from 0,3 sec
For cautious traders who want to test their trading skills and tools on small virtual funds
A cent account differs from a standard one only in the balance that is shown in cents.
1 cent lot equals 0,01 of a standard lot or 1,000 units. The max order volume is 500 cent lots, which is 5 standard lots or 500,000 units. Cent accounts involve a different level of risk. We recommend them for beginner traders
initial deposit not required spread ffloating spread from 1 pip leverage up to 1:30 maximum open positions and pending orders 400 order volume max 500 cent lots = 5 standard lots or 500,000 units market execution from 0,3 sec
For experienced market players making their way to forex heights
For beginners who want to trade real funds without risking too much.
A cent account differs from a standard one only in the balance that is shown in cents.
1 cent lot equals 0,01 of a standard lot or 1,000 units. The max order volume is 500 cent lots, which is 5 standard lots or 500,000 units. Cent accounts involve a different level of risk. We recommend them for beginner traders.
Initial deposit €100 (or equivalent in $) spread floating from 1 pip commission (commissions may be charged when trading some instruments) €0 leverage up to 1:30 maximum open positions and pending orders 400 order volume from 0,01 to 500 lots (with 0,01 step) market execution from 0,3 sec
initial deposit €10 (or equivalent in $) spread floating from 1 pip commission (commissions may be charged when trading some instruments) €0 leverage up to 1:30 maximum open positions and pending orders 400 order volume min volume 0.01 cent lot (=0.0001 standard lots or 10 units) step per volume = 0.01;
max volume 500 cent lot (=5 standard lots or 500 000 units) market execution from 0,3 sec
Perfectly suits those who are starting their way to success on forex
For cautious traders who want to test their trading skills and tools on small virtual funds
A cent account differs from a standard one only in the balance that is shown in cents.
1 cent lot equals 0,01 of a standard lot or 1,000 units. The max order volume is 500 cent lots, which is 5 standard lots or 500,000 units. Cent accounts involve a different level of risk. We recommend them for beginner traders
initial deposit not required spread floating spread from 1 pip leverage up to 1:30 maximum open positions and pending orders 400 order volume from 0,01 to 500 lots (with 0,01 step) market execution from 0,3 sec
initial deposit not required spread floating spread from 1 pip leverage up to 1:30 maximum open positions and pending orders 400 order volume max 500 cent lots = 5 standard lots or 500,000 units market execution from 0,3 sec
Download trading platform
Choose your payment system
Risk warning: 74% of retail accounts lose money when trading ᏟᖴᎠs with this provider. ᏟᖴᎠ's are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how ᏟᖴᎠ's work and whether you can afford to take the high risk of losing your money. Please refer to our risk acknowledgement and disclosure
The website is owned and operated by tradestone limited (address: 89, vasileos georgiou street, 1st floor, office 101, potamos germasogeias, 4048 limassol, cyprus), registration number HE 353534, authorized by cyprus securities and exchange commission, license number 331/17.
Tet-system approved FBS
Gibco tet-system approved FBS has been functionally tested to provide researchers with optimal control over their gene expression systems, thus minimizing challenges that can be posed by this type of reagent.
Functional, cell-based assays that detect the presence of tetracycline and its derivatives are used to select FBS that delivers the highest range of induction.
Why cell-based testing?
- Provides confidence, convenience, and control over your research:
- Higher sensitivity compared to analytical methods
- Enables sensitivity in gene expression experiments down to nanogram quantities of tetracycline
- Detects the presence of tetracycline and tetracycline analogs (e.G., doxycycline)
- Allows for greater control of inducible expression systems
Areas of research utilizing tetracycline-inducible system with FBS
ideal for researchers studying | example |
---|---|
neuroscience | produce GABAA receptors for electrophysiological study 1 |
cancer research | quantitatively control PVT1 expression by tet-on in bladder cancer 2 tetracycline-regulated shrna expression to apply to monocyte interaction 3 |
drug screening | establish cell line with inducible mglutamate receptor for drug screening 4 |
vaccine development | research for the safer vaccinia virus vaccines with tet-inducible system 5 |
gene editing | CRISPR/cas9-mediated control of NFAT5 6 and PVT1 and ANRIL 7 |
1. Protein science 19:1728–1738 (2010). 2. Oncotarget 6(38):41194–41203 (2015). 3. Journal of visualized experiments 129:e56333 (2017). 4. Journal of biomolecular screening 20(3):350–358 (2015). 5. Virus research 181:43–52 (2014). 6. Journal of animal science and biotechnology 10:43 (2019). 7. Oncology letters 16:4309–4316 (2018).
“I require tight control of gene expression and I need to ensure genes are not expressed until tetracycline is added in, so tet-free is a requirement.”
– cancer researcher at US biotechnology company
Did you know?
Unintended expression can occur in very sensitive tet-inducible gene expression systems while using FBS. This happens because some lots of FBS contain residual amounts of the antibiotic tetracycline (tet) derived from animal treatment. It is important to use functionally tested FBS and don’t base your decisions solely on names like tet-free or tet-zero.
Using tet-system approved FBS is the most secure and shortest way for inducible expression systems
Ordering information
For research use or further manufacturing use only. Serum and blood proteins are not for direct administration into humans or animals.
Is FBS a scam?
What is the FBS and how it works?
Can you make money with this platform?
We know that there are many trading platforms the promises you to make money, but many of them are just scams and ponzi schemes
In this FBS review, we are going to cover what is the price to join, what is the compensation plan, what kind of products they have, and whether people making money.
Let’s get right into that.
Disclaimer
please note, I am not a member or an affiliate for FBS. This review is based on research and information available online in the public domain.
Any recommendation and conclusions are only opinions and may not apply to all persons or situations.
Overview
Name: FBS
website: www.Fbs.Com (or FBS.Eu for EU market)
price to join: $1 to $1,000
recommended: not really. Still, it is an MLM company.
I recommend affiliate marketing. Check the pros and cons of both business models (affiliate marketing vs. MLM).
FBS summary
FBS is an international online broker that offers to trade in forex. This is supposed to be a friendly platform for beginners and advanced traders as well.
However, there is no information about who runs this company.
This company is regulated in the EU by the cyprus securities and exchange commission and by the international financial service of belize.
However, FBS is banned in big trading markets, like the USA, canada, or japan.
The service they offer seems legit, so it is not quite clear why they do not operate in those big markets.
The good thing about the FBS is that the minimum deposit can be $1 (depending on the specific account).
From first sight, it is not quite clear whether FBS is a scam or not, although I would recommend searching for more legitimate platforms.
The reason being is that there are some issues (red flags if you will) with the FBS.
For example, there are a lot of people complaining about the withdrawal process, and also that FBS support is not responding.
My recommendation is – not to get involved with the FBS.
There are many legal ways how to generate consistent income.
I personally prefer affiliate marketing, where I run one website that generates me 4 digits online.
Here is a link to the method I have been using since 2017.
Sign up for free and I will guide you through the platform.
No credit card needed – just your email.
What is FBS?
FBS is an investment company that helps you to generate profit by marketing their services and products. The company was founded in 2009.
According to their privacy policy, this company is regulated by the cyprus securities and exchange commission.
Cyprus is a well-known country due to the fact that a lot of scammy companies have their headquarters there. Now does it mean right away, that FBS is a scam?
No, at least not at this point.
FBS is basically a forex trading company offering services. They also offer education products for forex trades.
The company claims to have more than 15 million active traders in more than 190 countries.
Based on the number of monthly visits the site FBS.Com gets, it is probably about right.
(the site FBS gets more than 2M visits per month).
We are going to find out that people from certain countries (like the US or UK) can’t register with the FBS.
This to me is a red flag.
A person who is allowed to register (the list of countries below) can earn money once opens one of the accounts (we will get there in more details in a bit).
There are 2 ways how o make money:
- The first way is to through investing and trading
- The second way is to promote FBS and make commissions
One must be careful when it comes to investing; there are many companies that are literally pyramid schemes, or ponzi schemes (just like beurax or petronpay).
I am sure you know that FBS works as a multi-level marketing company.
You will be paid according to the number of people below you. In fancier words, when you build your team.
Of course, this recruiting part is optional but make no mistake.
The only real money is in recruiting.
So let’s dig a bit deeper.
Who runs the FBS?
It is not clear who the owner is.
I find this as a red flag since most legitimate companies reveal who the CEO or founder is.
Unfortunately, it is not the case with the FBS.
What I also find disturbing is a fact that this company reveals a number of shell companies operating from:
- FBS inc. In the marshall islands
- HDC technologies ltd in cyprus
- FBS markets inc. In belize
Nevertheless, they have their own youtube channel and the person that walks you through webinars is elizabeth belugine.
According to her FB profile, she is from st. Petersburg, russia.
Most likely she is not the founder and only works for FBS.
For example here is a video where she explains, what are the advantages of the forex market?
There are also a lot of videos including webinars that have about 1 hour (or more).
I am sure there is a lot to learn.
Who is it for?
FBS seems like a good platform for both beginners and advanced traders.
As mentioned above, there are certain countries where their service is not available.
Let’s take a look at the countries that are banned from using their services
- USA
- Canada
- Japan
- Brazil
- Israel
- Myanmar
- Iran
Why?
Could it be that these countries have strict regulations against scammy companies?
Here is the list of countries where FBS accepts traders from:
australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar, and most other countries.
Is FBS a pyramid scheme?
It is important to distinguish between regular MLM and a pyramid scheme.
The fact is that every MLM company has routes in a pyramid scheme.
To make it legitimate, a company must offer retail products.
The distributor or IBO’s (independent business owner) should be able to earn solely from selling these products – whether it is a tangible product (like in the mary kay or amway case) or it could be course or service.
By now we know that FBS offers services, so it can’t be called a pyramid scheme.
But if you want to know how to post a pyramid scheme here is a short video:
How to register with FBS?
You can open an account assuming you are not from the banned country.
Just enter your email and then you will have your account information assigned.
Before you can make a deposit, you are required to fill out the survey.
It concerns your personal data like
- Date of birth
- Citizenship
- Your address
- Phone number
And other questions that I personally find annoying.
- Are you a politically exposed person
- How many times did you trade over the past year?
- What is your employment status and your “sphere”
- What is your source of income and your net annual income?
Then based on the results you get the retail status with a recommended deposit you can trade.
After that just select the way how you want to make the deposit.
What products (accounts) does FBS offer?
These are not exactly products, but rather accounts you can open.
- Standart – this is for experienced market players. The initial deposit is $100.
- Cent – this is for beginners, people who are just starting to learn about forex and that is why the initial deposit is $1 only.
- Micro – fits the best for those who like math and can calculate their profit. The minimum deposit is $5
- Zerospread – this is for those who like trading fast. The minimum deposit – $500.
- ECN – and finally, this account is the best for those who are confident and want to trade with the ECN technologies. The minimum deposit is $1,000.
So depending on your experience you can start with $1 or $1,000.
You have both (MT4 and MT5 )metatrader platform available also as mobile apps.
These apps allow trading on financial markets via android and ios.
You can also monitor your account status, buy and sell financial instruments, or track the history of trades.
Compensation plan
Most MLM companies have a pretty tricky compensation plan. In many cases, you have to through 20 to 40 pages, and it is still not clear what the deal is.
FBS offers a pretty simple compensation plan.
They use a 3 level system (uni-level) that looks like this:
The trading commission is paid down to 3 levels:
- Level 1 – you get 100% on the trading activity of your affiliate (or trader)
- Level 2 – 15%
- Level 3 – 5%
Is FBS a scam?
FBS is not an outright scam.
People who are just getting started, earn money
but the problem seems to be with support and communication when it comes to withdrawal.
Also due to the MLM structure, I am afraid that most people will not make enough to pay the bills.
Don’t get me wrong. There is certainly a great opportunity to make money with forex.
But I would be careful joining shady companies with unclear ownership and yet operating from a scammy friendly country.
My advice – if you want to learn how to make money with forex, do more research and find a legitimate company with a history that does not ban certain countries.
Please note, that whenever there is an MLM structure involved, it always works as the following:
Before we wrap up…
A long time ago I was involved with one MLM company, and it did not work out.
I went through a lot of jobs and eventually I have learned something about online marketing.
Long story short, now I know how to create a website that drives free traffic, and most importantly, this website earns me 4 figures.
There are plenty of ways on how to make money; I personally think that being in online marketing is the best way to go.
To be more specific I earn money with affiliate marketing.
At the bottom of the post, there is a link that directs to my #1 recommended platform.
It concerns one specific educational platform that teaches how to create a website that generates income.
I am sure you know that it takes special knowledge to succeed online. And this is a perfect platform that teaches everything, step by step from the basic stuff to advanced one.
What I like about FBS
- The compensation plan that is simple and easy to comprehend
- Long established company (based in 2009)
- MT4 and MT5 integration
What I don’t like about FBS
- Not available in big trading markets
- No information about who runs the company (who is the founder or CEO?)
- They have linked shell companies operating out of belize and marshall islands
Conclusion
It does not seem that this is a scam.
Unlike many other forex trading systems, FBS wants their clients to know, that forex trading is very risky and you should use money that you can lose.
However, there is still a number of major red flags that are disturbing.
I personally don’t recommend it.
Remember that, when it comes to investment, keep in mind the following rule:
- Don’t invest more than you can afford to lose
I would be glad if you can share your personal opinion about FBS. Please use the comment section below, I am sure your opinion will appreciate it by other readers.
Also, in case you have questions don’t hesitate to ask.
I will do my best to provide you with feedback within 24 hours.
Thank you for reading,
mike
How to get started with affiliate marketing?
I have been a member of wealthy affiliate since late 2017 without a prior marketing experience.
Beginning of 2018 I have learned how to build a website that drives traffic and makes sales.
Since the summer of 2019, I am a full-time internet marketer and I work from anywhere I want, whenever I want.
Training within wealthy affiliate teaches how to generate a consistent income in the long run.
Trade for glory
FBS - official trading partner of FC barcelona
- Transparent registration conditions
- Daily analytics and free educational materials
- Multiple methods for deposits and withdrawals
- Easy trading options both for beginners and experts
Over 10 years of expertise
We share experience and educate clients
We solve your issues and collect feedback
Increased leverage 1:500 for professionals
Fast deposit and withdrawal
Join to work your money fast and easy
Open account
For experienced market players making their way to forex heights
For beginners who want to trade real funds without risking too much.
Perfectly suits those who are starting their way to success on forex
For cautious traders who want to test their trading skills and tools on small virtual funds
Your capital is at risk. We protect you with negative balance protection.
Choose your payment system
Be armed with the latest news
Trading schedule changes due to martin luther king, jr. Day
FBS acquired the FBS banking trademark
Cable takes another peek above 1.3700
USD/CHF: a bullish breakthrough
Risk-on momentum remains strong
Lots and lots of pmis on friday
Market outlook for this week
Risk warning: 74% of retail accounts lose money when trading ᏟᖴᎠs with this provider. ᏟᖴᎠ's are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how ᏟᖴᎠ's work and whether you can afford to take the high risk of losing your money. Please refer to our risk acknowledgement and disclosure
The website is owned and operated by tradestone limited (address: 89, vasileos georgiou street, 1st floor, office 101, potamos germasogeias, 4048 limassol, cyprus), registration number HE 353534, authorized by cyprus securities and exchange commission, license number 331/17.
FBS review
Review
FBS is a cypriot forex broker owned and operated by tradestone LTD headquartered in limassol, cyprus. The brokerage was founded in 2009 and is regulated by the cyprus securities and exchange commission (cysec), license number 331/17. Since its inception, FBS has received over 40 international recognitions and awards and is home to over 13,000,000 clients. According to the broker, 7,000 new accounts are opened every day and FBS receives and processes one withdrawal request every 20 seconds. 80% of FBS clients remain loyal to the broker and 48% list trading revenues generated at FBS as their prime source of income. As a truly global forex broker, FBS serves clients in 190 countries and expands its market share on a daily basis. The 24/7 customer service team usually responds to requests in less than 30 seconds and speaks multiple languages. Negative balance protection offers another layer of security and protects traders against critical market developments and volatile price swings.
Regulation and security
Tradestone LTD is an investment firm registered in cyprus (company registration number 353534) and is regulated by the cyprus securities and exchange commission (cysec license number 331/17). Cyprus is part of the european union and offers a great mix of regulation and freedom to operate as a global financial firm. Prior to acquiring the cysec license, the firm was offering its services from its belize registered subsidiary and was well known for its aggressive market expansion. Since the acquisition of the license, traders can rest assured that their funds are safe and that the regulator ensures that FBS will comply with the directives of the legislative and regulatory framework.
Since cyprus is a member of the EU, FBS is under the regulatory framework as set out in the markets in financial instruments directive (2004/39/EC) or mifiid. It has been in effect since november of 2007 and aims to create and maintain a high degree of harmonized protection for investors in financial instruments. Mifid II came into effect in january of 2018 and was designed to further strengthen investor protection and increase transparency.
In june of 2015 the EU released its 4 th anti-money laundering directive which represents the most stringent AML legislation across europe. All EU member states have been complicit since june of 2017 and FBS adheres to the rules as outlined in the directive. In addition, FBS is a member of the investor compensation fund (ICF) which ensures eligible retail clients will get reimbursed if their broker fails to comply due to financial difficulties as outlined in the fund.
FBS generates its revenue primarily from spreads which is the difference between bid and ask prices as well as swap rates charged on holding positions overnight. FBS doesn’t offer ECN accounts and therefore is not charging trading commissions. Spreads start as low as 1.0 pip and increase depending on the liquidity of the currency pair. The broker offers “swap free islamic accounts” accounts in order to offer their services to muslim traders who are prohibited by their faith to accept or be charged interest.
Forex traders may activate this type of account while other traders can check the exact swap rates from inside their MT4 platform by following these steps:
1. Right-click on the desires symbol in the “market watch” window and select “symbols”.
2. Select the desired currency and then click on “properties” located on the right side.
3. Scroll down until you see “swap long” and “swap short”
In addition, forex traders can use the FBS trading calculator to get full information on a trade before entering it.
According to FBS, it doesn’t charge traders for deposits or withdrawals which represents an added service to forex traders and reduces the overall cost per trade. This will have a big impact for frequent retail traders as well as professional outlets where costs play an important role.
What can I trade
FBS offers a rather limited selection of assets with only 28 currency pairs and two metals. The contract specification differs for their standard account and their cent account. The overall selection should be viewed as bare minimum and is not adequate for professional clients.
Contract specifications forex standard account
Contract specifications metal standard account
Contract specifications forex cent account
Contract specifications metal standard account
The lack of more currency pairs as well as metals is unfortunate, FBS also lacks CFD’s on equity and indexes as well as cryptocurrencies. While it provides the basics for a forex trading account, true diversification cannot be achieved which makes it unsuitable for traders who seek cross-asset trading opportunities.
Account types
FBS extends its limitations to trading accounts where it offers two types, a standard account and a cent account. The main difference between both is the minimum deposit which starts at $/€10 for cent accounts and at $/€100. The minimum spread in both is a floating one which starts at 1.0 pip and the maximum leverage is 1:30. The cent account also comes with a maximum order volume of 5 standard lots (1 standard lot is equal to 100,000 units) where the standard account sees this limit increased to 500 standard lots. The maximum amount of open/pending positions is set at 200 with a starting execution speed of 0.3 seconds.
The cent account is basically an entry level account for new forex traders to get started with micro deposits and best suitable to create and test new strategies, but fairly irrelevant as the standard account has a very small minimum deposit requirement. FBS doesn’t offer special trading conditions to traders with higher balances or more frequent trading activity, a feature which is another unfortunate miss for this forex broker.
Trading platforms
FBS extends its limitation to just the MT4 trading platform for windows, apple macos, android, apple ios and FBS webtrader. While MT4 remains the most used trading platform for forex traders, FBS makes no effort to offer traders something which is not included with the standard operating license for the MT4 trading platform. Many forex brokers don’t even pay for the full license and can obtain their trading platform under a white label partnership through another forex broker at a fraction of the cost.
Popular choices, especially for new traders, such as social trading or copy trading remain absent as FBS once again sticks to its minimalistic approach and offer the bare minimum in order to operate as a forex broker. Features listed are part of the MT4 trading platform and should not be credited to what FBS offers.
Unique features
During the course of this FBS review we found that there were few unique features available to the brokerage’s traders. FBS does very little outside normal operating procedures, but it does those things rather well as evident by the awards the brokerage received.
Research and education
It is nice to note that FBS does offer a range of research, analytics and educational aspects which are beneficial to new traders. The market analytics section is broken down into three parts: forex news, daily market analysis and forex TV. The educational section comes divided into five categories: forex guidebook, tips for traders, webinars, video lessons and glossary.
Forex news
Traders get access to forex news and have the option to filter the articles by commodities, currencies, stocks and economy. Since FBS doesn’t offer CFD trading, the stocks sections appear out of place and more for marketing purposes and SEO than for the benefit of its trader base.
Daily market analysis
The FBS daily market analysis is broken down into technical analysis and fundamental analysis and may offer the best feature this broker offers. Forex traders can easily navigate the research, but the extent of each analysis is rather limited and refined to a few basic aspects of technical analysis summed up in one paragraph. The fundamental analysis is a bit more detailed and offer forex traders basic coverage of key topics.
The forex TV section is broken down into weekly insights, daily trading plans and webinars and FBS has spent the most attention on this part. It is a great feature and offers forex traders the best service. The weekly insights section may be the most relevant which walks traders through important events as marked in the economic calendar. New traders may find the daily trading plans to be useful, especially if they don’t have their own trading strategy developed yet. It would be nice to see FBS expand their current approach and make better use of technology in order to allow traders to act on what they view.
Forex guidebook
The forex guidebook is filled with educational content and covers the entire spectrum of technical as well as fundamental analysis. New traders will find this course very useful and it is broken down into four sections: beginner, elementary, intermediate and experienced. This may be the most beneficial feature to new traders which is offered by FBS and the perfect starting point for those who are serious about learning how to trade. It is easy to navigate and filled with examples which makes it easy to understand.
Tips for traders
This section is for more advanced forex traders who are in the process of developing their own trading strategy or trying to decide which trading strategy to follow. It is filled with different trading strategies with quick explanations of how to deploy them. FBS could spend a bit more time and effort to describe the strategies more in depth, especially for new traders to get a better picture of what each strategy is about.
Forex webinars
Webinars have gained in popularity and more forex brokers are using them in order to engage with their traders. FBS offers free webinars, but registration is required in order to participate. It appears that FBS attempts to how one webinar every two weeks, but this could be subject to change at the discretion of the broker.
Video lessons
FBS has made an effort to create interesting video lessons which are broken down into different categories. The lessons can be multi-part and are divided in FBS related topics such as account opening tutorials, general forex topics which touch on basic aspects of trading and MT4 tutorials. Overall this is a rather well-rounded offer to forex traders and was a welcome find during this FBS review.
A glossary can be accessed from the FBS website and while some trader may revert to it in order to get clarity on certain terms, most traders are unlikely to use it as they find their information online and faster.
Customer support
Customer service is not something most traders will ever use, but FBS has a multi-lingual support staff available 24/7. Since the forex market is closed on weekends, it is unclear why support staff would be available or if it indeed is. E-mail support certainly remains available at all times.
Bonuses and promotions
The cysec regulated branch of FBS doesn’t offer any special bonuses or promotions to traders in keeping with regulatory policy.
Opening an account
Forex traders should be able to open an account online in a few simple steps which has become the norm in today’s forex industry. The regular verification documents are required and FBS needs to satisfy AML and KYC requirements as mandated by its regulator cysec. The registration part should only require a few moments before traders can access their back-office from where further documents can be uploaded.
Deposits and withdrawals
When it comes to deposit and withdrawal options, once again FBS sticks to the basics. Forex traders have the choice of credit cards, bank wires and skrill or neteller which are both regulated in the EU. All deposit fees are waived which is standard industry practice and the deposit time is listed as instant with the exception of wire transfers.
Withdrawal options are the same as deposit options and forex traders are required to request a withdrawal with the same method the deposit was conducted. This is also common practice in the forex market. The positive for FBS is that they also waive all withdrawal fees, but forex traders may still face charged by the payment processor. Withdrawal requests for credit cards are handled the same business day, bank wires within 48 hours and skrill or neteller requests between 15-20 minutes with a maximum of 48 hours.
So, let's see, what we have: the process of opening an account with FBS is simple.To register a personal area with FBS visit our website and click on the “open an... At register fbs
Contents of the article
- New forex bonuses
- I want to register an account
- Trade forex, cfds, stocks and metals with honest...
- Feel free to choose any account type you like!
- Deposit with your local payment systems
- Be armed with the latest news
- Data collection notice
- Trading
- Account comparsion
- Frequently asked questions
- What trading account should I choose?
- How do I start trading?
- What is forex trading?
- What is a trading account?
- Why is FBS the best broker for online trading?
- Download trading platform
- Deposit with your local payment systems
- Data collection notice
- Beginner forex book
- Fxdailyreport.Com
- How to open an account on FBS markets inc
- Trading
- Account comparison
- Download trading platform
- Choose your payment system
- Tet-system approved FBS
- Why cell-based testing?
- Areas of research utilizing...
- Did you know?
- Ordering information
- Is FBS a scam?
- Overview
- FBS summary
- What is FBS?
- Who runs the FBS?
- Who is it for?
- Is FBS a pyramid scheme?
- How to register with FBS?
- What products (accounts) does FBS offer?
- Compensation plan
- Is FBS a scam?
- Before we wrap up…
- What I like about FBS
- What I don’t like about FBS
- Conclusion
- How to get started with affiliate marketing?
- Trade for glory
- Open account
- Choose your payment system
- Be armed with the latest news
- FBS review
- Review
- Regulation and security
- What can I trade
- Account types
- Trading platforms
- Unique features
- Research and education
- Customer support
- Bonuses and promotions
- Opening an account
- Deposits and withdrawals
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