Fbs review 2021

MT4 and MT5 integration
Ultra-low minimum deposits
Competitive zero-pip spreads
Range of promotions & deposit bonuses

both metatrader platforms are also available as mobile apps from the app store and google play.

New forex bonuses

FBS Review and Tutorial 2021, fbs review 2021.

The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go.

FBS review and tutorial 2021

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

Trade on nearly 50 leveraged forex pairs.

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

History & headlines

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

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

Trading platforms

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

Metatrader 4

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

One-click execution and copy-trading

Expert advisors (EA) service and apis

Wide range of technical indicators and charting tools

Support for clients using a virtual private server (VPS)

FBS metatrader 4

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

Metatrader 5

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

Hedging & netting

Market depth view

More technical indicators

More order types and timeframes

FBS metatrader 5

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

Markets

Clients can access a wide range of assets for trading:

Forex – 28 standard pairs plus 16 exotics

Metals – four precious metals

Energies – WTI and brent crude oil

Stocks (global only) – 40 company shares

Indices – four indices including the NASDAQ

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

Trading fees

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

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

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

FBS leverage

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

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

Mobile apps

FBS trader app

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

FBS mobile app

MT4 & MT5 apps

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

FBS metatrader mobile trading

Payments

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

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

Demo account review

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

Trading bonuses

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

Licensing

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

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

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

Additional features

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

FBS economic calendar

Copy trading

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

Trading accounts

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

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

Pros and cons

Benefits

Advantages of trading with FBS include:

MT4 and MT5 integration

Ultra-low minimum deposits

Competitive zero-pip spreads

Range of promotions & deposit bonuses

Drawbacks

Bad areas flagged in our review include:

Fewer account and trading options in the EU

Commissions payable on many trade types at the global firm

Trading hours

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

Customer support

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

Email – info@fbs.Eu

Live chat – logo in bottom right

Contact number – +357 25313540

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

Global

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

Trader safety

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

FBS verdict

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

Accepted countries

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

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

Where is FBS regulated?

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

Is FBS a good broker?

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

Does FBS offer any bonuses?

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

What is the minimum deposit at FBS?

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

What platforms does FBS offer?

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

Does the FBS broker have trading on nas100?

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

FBS spreads review - types and characteristics (2021)

If you have opened an FBS account, you will notice that all FBS account types feature some form of spread.

This is the major way in which the broker profits due to the commission-free trading nature of FBS.

These spreads are very minimal on all of the assets traded, but nevertheless they are something which vary between brokers and which you should consider when making your choice of who to trade with.

On that note, we have compiled this comprehensive guide to bring you through every type of FBS spread. This includes what they mean and how much they are on each asset.

You can also see our FBS review for a full in depth look at the broker.

74-89% of retail CFD accounts lose money

Type of spreads with FBS

Here we will describe exactly the types of FBS spread which are implemented on each instrument and each of the FBS accounts which you may sign-up for.

Variable and fixed spread

An important point to note for you and all other traders is that fact that FBS offer opportunities to trade with either fixed spread or variable spread. This may not be the case with some brokers and at least allows you the freedom of choice.

Both the FBS fixed spread and FBS variable spread available are very competitive when compared with the industry average. This should give you a certain peace of mind for trading.

Spread on instruments

The spread on the different instruments at FBS is firstly subject to change based on the jurisdiction where you are trading. This means that if you are trading on FBS.Com as a global trader, you may experience a different spread than if you were using FBS.Eu as a european-based trader.

Another point to note about the jurisdictional differences when trading through FBS is that only markets on metals and forex trading are available through FBS.Eu. In the case of FBS.Com, a much wider choice of markets are available to trade.

A final point to note in this regard is that the spread will also be liable to change depending upon which account type you choose, although, no matter what, you do not have to worry about FBS requotes or mark-up on assets.

Spread on accounts

As mentioned, the spread may vary depending upon your FBS account type choice. Here are some of the main examples of how the spread impacts each account type.

Cent account

The FBS cent account allows for a great introduction to forex trading. The account allows you to trade in cents and therefore keeps your risks proportionality lower in trading. This is ideal for those who are just starting out or thinking of opening an FBS account.

The FBS cent account spreads too are very competitive. If you are an EU trader you can rely on a floating spread which starts from 1 pip with no commission.

Similarly if you are a non-EU international trader, FBS spreads start on this account from a floating 1 pip and also with no commission as well as STP execution.

Standard account

The FBS standard account is one of the most selected and again is available to both EU and international traders. The FBS standard spread varies between a floating spread from 1 pips with no commissions for EU traders and a floating spread also with no commission and STP execution for international account holders.

Micro account

The FBS micro account it is important to mention first of all, is only available to those who are trading outside the EU on an international market account from FBS.Com.

Assuming that this is the case, the FBS micro account features a fixed spread which starts from 3 pips. This account, as with many of the FBS account types features commission-free trading. You can also benefit from the speed and accuracy of STP processing which helps ensure you get the best possible price from your trade.

Zero account

Many top brokers feature some form of zero account. FBS is no different. The FBS zero account also features a fixed spread which starts from 0 pips.

This is one of the few FBS accounts which does also charge a commission. This remains competitive at $20 per lot and is balanced by the proportionately lower spread.

The account also uses STP processing. The FBS zero account is only available to those trading on the international market side of FBS.

ECN account

Again the FBS ECN account is available only to those traders on the international markets side of the broker. With this account, spreads actually start from a highly competitive -1pips.

With the ECN account, you will find a commission of $6 per lot applied to trades, and the account trading options offer only trading in forex currency pairs. Still this may be suitable to some higher volume traders in specific markets.

74-89% of retail CFD accounts lose money

FBS spread review on various assets

Now let’s take a more detailed look at what the FBS spreads are on each asset class so you can factor it into your trading decisions. Full details are also provided in the charts.

Forex

Starting with the FBS forex currency assets, these are all much as you would expect with any top broker. The one point to note here is that the spread may differ slightly between EU and non-EU global market accounts.

If there are commissions to be charged on a trade as you will see in the zero and ECN accounts, these are per lot and will be charged in your base currency.

Comparing account types again for a moment, you will see that the EU cent account has a higher spread than the EU standard account. This is something to be aware of, but again the cent account is still great for getting to know forex trading with FBS.

The FBS micro account also has a comparatively high spread, particularly during the night. This is another thing to keep your eye on.

FBS.Eu	standard	cent
EURUSD	0.5	0.5
USDJPY	1.1	1.1
GBPUSD	0.6	0.6
EURGBP	2.1	2.1

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
EURUSD	0.8	0.8	3.0	0.00 + $20	-0.1
USDJPY	1.0	1.0	3.0	0.00 + $30	0.1
GBPUSD	0.7	0.7	3.0	0.00 + $30	0.2
EURGBP	1.0	1.0	3.0	0.00 + $30	0.4

Cryptocurrencies

FBS cryptocurrency trading is available, however this is only the case if you sign up with FBS.Com as a global markets (non-EU) trader. Crypto trading is also only available through a standard or cent account.

Once again here, the commissions denoted below are on a per lot basis and charged in your base currency. The spread on cryptocurrency is generally marginally higher than many other assets with most brokers due to market volatility.

Indices

FBS indices CFD trading encompasses a range of markets and the spreads here are typically the same or very close to that across each account type where cfds trading is offered. Here you will also note that there’s a flat commission when trading indices.

FBS.Eu	standard	cent
NASDAQ	25 +$25/lot	25 +$25/lot

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US500	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a
NASDAQ	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a

Stocks

FBS stick trading features selection of globally prominent stocks which can be traded. This form of trading is only made accessible again through standard or cent accounts.

With stocks, the commissions noted are again per lot and charged in your base currency. An important point to remember here is that spreads and commissions on stock trading are the same, regardless of which stock you are trading. This applies even to the broader range of FBS stocks which are not listed.

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US stocks	$3.00	$3.00	n/a	n/a	n/a

Commodities

Finally, metals are available on all accounts with the exception of FBS ECN accounts. Another key point to remember here is that spreads may be higher during the night time and that commission is applied to traders using a zero spread account to trade metals. Again this charge is per lot and in your base currency.

FBS.Eu	standard	cent
GOLD	10	10
US OIL	3.0 +$25/lot	3.0 +$25/lot
UK OIL	1.0 +$25/lot	1.0 +$25/lot

fbscom	standard	cent	micro (fixed)	zero (fixed)	ECN
GOLD	10	10	n/a	n/a	n/a
US OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a
UK OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a

74-89% of retail CFD accounts lose money

FBS spread comparison with other major brokers

Comparing FBS with other top brokers in the industry is a natural way to conclude our information and hopefully it can help you make the right choice when choosing your broker.

We can say that FBS do offer a very low spread with very competitive no-commission account types across most that are offered. This can be great for the majority of traders. There are also no requotes at all which is always a good sign from a top broker.

If you are interested in scalping with FBS, you will also be glad to know that this activity is allowed by the broker too.

Overall, the FBS spread is objectively very competitive and the broker appears to try the best to have a minimal impact on the cost of your trading activity. The one time to be mindful of the spread is during the night period or on certain markets when it can increase substantially.

74-89% of retail CFD accounts lose money

FBS review

Finance brokerage services

FBS are forex brokers. FBS offers the metatrader 4, metatrader 5, and MT mobile forex online trading top platforms. FBS.Com offers over 30 forex pairs, stocks, gold, silver, other metals, and cfds for your personal investment and trading options.

Related websites of this company include F-B-S.Com, hotoption.Com and https://fbs.Ae/.

February 2011: the website appears to be blocked in the USA.

Other websites of this company include fibexch.Com, fbs.Ae, fbs.Id, fbsforex.Com, fbs.Cn, jpfbs.Com, esfbs.Com, ptfbs.Com, fbs.Ae, vnfbs.Com etc.

Broker details

Video

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Live discussion

Join live discussion of FBS.Com on our forum

FBS.Com profile provided by regina FBS, sep 5, 2019

FBS is an international broker with more than 190 countries of presence. 13 000 000 traders and 370 000 partners have already chosen FBS as their preferred forex company. We work since 2009 and provide fast and honest services.

Working with us is easy, convenient and, most of all, profitable. We are happy to offer exclusive terms unprecedented in the forex market.

To provide the best customer experience we organize seminars and special events, providing our clients with training materials, cutting-edge trading technologies and the latest strategies on the forex market. Both newbie and professional traders will find these sessions useful.

If you prefer to choose the best for yourself, FBS is just right for you. We even launched a COPYTRADE app which allows you to earn money both by copying a successful trader and by having people invest in your trading.

Once a client of FBS – always a client of FBS.
Www.Fbs.Com

Unique trading conditions for traders:
• minimal deposit of $1
• spread starting from -1 pip
• leverage up to 1:3000
• 35 currency pairs, 4 metals, 3 CFD
• split-second execution
• no requotes
• minimal order volume of 0.01 lot
• quotes precision of 0.00001
• trade with any advisors or strategies
• customer support in 15 languages
• deposits and withdrawals via visa/mastercard, wire transfer, neteller, skrill, perfect money, fasapay; local indonesian banks: bank central asia, mandiri, bank negara indonesia, bank rakyat indonesia, OCBC NISP; thai banks: krungthai bank, krungsri bank, siam commercial bank, kasikorn bank, bangkok bank; vietnamese bank: vietcombank. Lots of exchangers in different countries

Permanent promotions:
• $100 bonus - work out for more
• 100% bonus on each deposit
• cashback up to $7 per 1 lot

Loyalty program:
• VPS service
• guaranteed lucky T-shirt for a deposit of $500 or more
• guaranteed iphone X gift for a deposit of $5000 and 500 traded lots
• mercedes S-class for platinum status
• VIP membership

Partner program:
• $10 commission on EUR/USD
• monthly partner bonus up to $3000
• 3 levels of payments (15% from 2nd level partners and 5% from 3rd level partners)

Awards:
• best FX broker vietnam 2019
• most progressive broker europe 2019
• best FX broker europe 2019
• most promising broker 2018
• best forex broker asia 2018
• best investor education 2017
• best FX IB program

Fbs review 2021

FBS review

Overview

The IFSC regulated FBS has branches around the world in china, indonesia, egypt, malaysia, thailand, myanmar and korea. It has won awards and offers trading mostly in asia. Choice of various trading accounts and platforms offers something for every kind of trader.

Accounts

Standard accounts for experienced traders, cent and micro accounts with small initial deposits, zero spread account for fast trading, and high-tech ECN accounts. There is also an unlimited account for top traders. Spreads vary in standard accounts and from 0.1 pips in ECN and unlimited accounts. The cent account has order volumes of 0.01 for 1000 cent lots. Even with the cent and micro accounts, traders can trade with any strategies and robots without any restrictions. Demo accounts can be opened with any account type. Segregated accounts are available where 70 percent funds can be stored in the trader’s personal bank account.

Minimum deposit

Starting from $1 to $1000, depending on account

Maximum leverage

From 1:500 up to 1:3000 depending on the account type

Features

FBS offers metatrader 4 and 5 for various OS and systems, including mobile and web. Trading is commission-free and bonus accounts earn special bonuses. Traders can also insure anywhere between 10% to 100% of their deposits on cent, micro and standard accounts. In case of losses, FBS compensates. FBS also offers an affiliate program and a variety of promotions and bonuses.

Education

Market analytics, trading tools and forex education is offered.

Deposits/withdrawals

Deposits and withdrawals can be made in a variety of ways. Bank wire has a minimum withdrawal amount of USD 200.

Customer service

24/7 chat support. Several international phone numbers are also available for multilingual phone support.

FBS review

Editors summary

With accounts to serve even the lowest volume traders and plenty of tools to help you become established as a good trader, there is a lot to love about this broker. The licensing and regulation in the EU, and internationally make them a reliable choice for traders. There is a bonus for non-EU traders to welcome you and get you off to a great start as well as excellent customer support and an intuitive and easy to navigate website. If you want to find an excellent all-around broker that can help you become a better trader, then this is a solid choice.

Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Introduction

FBS markets has been established and offering forex services now for a decade having launched in 2009. Based in belize and cyprus and regulated by the cyprus security and exchange commission (cysec) and the international financial services commission (IFSC), they offer their services to 1.3 million customers in 120 countries.

Like many forex brokers, they offer trading on the popular metatrader4 and metatrader5 platforms on a secure website and offer a choice of 37 currency pairs in which to trade. Whether you are an absolute beginner or more experienced in forex, this platform is suitable for all strategies. There are several accounts and many educational features.

Like all things, when it comes to choosing the best product or service for you, there are many things to consider. The fact that there is so much choice only makes it a more difficult decision. Which broker is the right one for you? How do you decide which of them will provide the right conditions? We endeavour to help your choice with our detailed review:

Account types

FBS markets provide a great deal of choice when it comes to account types. Not only do they have a demo account, but they also have a demo cent account. In addition to this, there are several live accounts with deposit requirements ranging from $1 to $1,000. The number of accounts depends on where you are trading. While there are six open to non-EU residents, if you are within the EU, the number is two. The two available to EU traders are the standard and cent account with different deposit requirements.

Demo account

There are two types of practice account – the standard demo and demo cent. The difference is that you can be more cautious and trade smaller lots with the demo cent version. Both are free to use and allow you to test the platform with virtual funds until you are ready to go live.

Cent account

With a deposit of just $1, you can open a cent account. With floating spreads from 1 pip and leverage of up to 1:1000, there is no commission charged, ideal for beginners who wish to practise on a live account as a next step up from a demo.

Micro account

Deposit $5 and enjoy fixed spreads from 3 pips with no commission and leverage of up to 1:3000. The micro account is better suited to those of you that like to calculate the exact profits.

Standard account

The standard account is open to all non-EU and EU traders, and you will require a deposit of $100. Floating spreads from 0.5 pips and leverage of up to 1:3000 make this account a popular choice across the board.

Zero spread account

Fixed spreads of 0 pips and leverage of up to 1:3000 can be enjoyed by those of you that deposit a minimum amount of $500. The zero spread account attracts commission of $20 per lot.

ECN account

ECN traders that wish to use the power of ECN technology can open this particular account with a minimum deposit of $1,000 and benefit from floating spreads from 1 pip and commission of $6 per lot.

FBS review

In this FBS review, our experts unpack a forex broker with over a decade of experience. Trusted by traders across the globe, FBS allows you to trade a wide range of currencies, commodities, and indices. The broker also offers two account types, fair trading fees, and strong regulation.

Thanks to low minimum deposit limits, accessible demo accounts, and extensive educational resources, our reviews found FBS to be one of the best brokers for new traders. If you’re more experienced, however, our broker review is still worth reading. Discover what trading conditions to expect and to learn how to make the most of everything FBS offers.

FBS regulation and background

FBS launched in 2009 and operates from cyprus. The broker currently boasts over 16 million customers in 190 countries and 40 industry awards.

Besides impressive statistics, FBS is also subject to top tier regulation from cysec (the cyprus securities and exchange commission) and IFSC (the international financial services commission of belize). Under these guidelines, the broker offers you several fund protection mechanisms, including negative balance protection and investor compensation.

Thanks to all of this, with FBS you can confidently trade 44 currency pairs, 4 precious metals, 2 oil contracts, and 4 stock indices.

Website: www.Fbs.Com

Support: +35725313540

Leverage: 1:30

Min. Deposit: 10 EUR

Spreads: from 0.7 pips

Mac windows android linux

Advantages

Trade forex, commodities, and indices

Improve your skills with trading courses

Start trading with as little as €10

Enjoy leverage of up to 1:500

Disadvantages

FBS account types and trading conditions
FBS offers a standard account which is suitable for most traders, and a cent account which is perfect for beginners. Below our FBS reviewers explain the key features of each:

Standard account – minimum deposit of €100, leverage of up to 1:30, floating spreads from 1 pip, and a minimum trade size of 0.01 lots.

Cent account – minimum deposit of €10, leverage of up to 1:30*, floating spreads from 1 pip, and a minimum trade size of 0.01 cent lot (=0.0001 standard lot).

You can increase your leverage limits on both FBS account types by qualifying as a professional trader. To do this, you must supply legal proof of your trading skills and knowledge.

If you are a new trader, the cent account is beneficial as you needn’t start with a large deposit and you can trade small amounts. If you’re unsure, however, our FBS review team recommends opening both types as demo accounts. These come preloaded with virtual funds, giving you the perfect opportunity to see which suits you best.

FBS also offers a swap-free islamic account. To open this type of FBS trading account, simply reach out to customer service.

How to fund your FBS broker account

FBS offers a range of deposit options including visa, mastercard, skrill, neteller, and wire transfers. You can fund your account via desktop or mobile app, and all deposits are free. Most deposits are also instant except for wire transfers, which may take up to 3-4 working days.

You can use the same methods for withdrawals. Our FBS review team found that the broker processes withdrawal requests incredibly fast compared to competitors. You should receive e-wallet and card withdrawals within 20 minutes and bank wire transfers within 48 hours.

FBS mobile and desktop trading platforms

At FBS, you can trade using the meta trader 4 and 5 platforms. These are available for download from the FBS website, or you can simply use them from within your browser.

Metatrader 5 is, on the whole, a more flexible trading platform than its predecessor. You can choose from six pending order types (compared to MT4’s four), 38 technical indicators, and six timeframes.

If you’re reading this FBS broker review as a beginner, however, we recommend opting for metatrader 4. This platform is easier to navigate, offers great charting tools, and allows you to customize the interface. With MT4, you can also increase your chances of success by using automated trading robots, signals, or FBS’ copy trading tools.

Our reviewers also explored the FBS trader app. This platform allows you to manage your account and trade whilst on the move. It boasts an intuitive interface, real-time charting, and technical indicators comparable to the metatrader platforms. Unfortunately, the FBS trader app is only available on android devices at the moment.

FBS education and training

In our FBS broker review, we found a wide range of educational and training materials, making the broker ideal for beginner traders. The analytics and education section is free and includes trading guides, webinars, and video tutorials.

If you’re a more experienced trader, you’ll benefit from the broker’s free market news and analysis. The broker’s forex TV channel also offers weekly insights and daily trading plans to help you identify new trading opportunities. The broker updates its news page frequently (up to three times per day), which makes it an invaluable source for keeping up to date with the latest market developments.

Customer support at FBS

FBS offers 24/7 customer support via live chat. You can also contact the broker by telephone (+357 25313540) from 6:00 to 15:30 GMT, or request a callback at a time that’s convenient for you. For less urgent queries, you can email the broker for a reply within around 48 hours.

Our reviewers found the broker’s FAQ section to be clear and helpful, although it isn’t as extensive as it could be. This is a drawback, especially for beginners, who may need to find quick answers in the early stages of trading.

FBS – final summary

FBS is an ideal broker for beginner traders, thanks to its wide range of trading instruments, educational materials, and low depositing limits. If you’re more experienced, our review team is sure you’ll enjoy the reliable meta trader platforms and the broker’s daily market analysis.

To get started at FBS, simply register with an email address to open a free demo account. If you prefer to dive into retail trading, a small deposit of €10 is all that’s required. The entire process takes around 10 minutes, which means you can test your skills on over 80 trading instruments in no time at all.

To register for a trading account at FBS, you simply need to provide the broker with your email address and a few personal details, such as your name, age, national ID number. You must also supply proof of your address and identity, and a minimum deposit of at least €10. During our FBS broker review, our experts found that the complete process takes around 10-15 minutes.

Yes, FBS is a safe forex broker as it meets regulations set by the cyprus securities and exchange commission (cysec). Cysec is one of the strictest regulators in the world for forex and CFD trading. As such, you can expect the broker to act responsibly and fairly at all times. FBS also offers you fund security mechanisms such as negative balance protection and investor compensation.

Does FBS charge commission fees?

FBS only charges you commission fees if you choose to trade indices or commodities. Forex trading is commission-free, as are deposits and withdrawals via all banking methods. This transparent pricing plan allows you to calculate your costs easily and makes the broker great for beginners and experienced traders alike.

What products can I trade with FBS?

FBS offers over 80 trading instruments. This includes all the major and minor forex currency pairs and exotic pairs such as USD/ZAR (south african rand) and EUR/TRY (turkish lira). You can also diversify your portfolio with commodities like brent and WTI crude oil, precious metals, and stock indices are available.

How much money do I need to trade with FBS?

FBS requires a minimum deposit of €10 for a ‘cent’ account. For an FBS standard account, you’ll need a minimum deposit of €100. This is quite accessible, compared to other forex brokers, and means you don’t need to commit a huge amount to start with. Alternatively, you can open an FBS demo account for free. This allows you to try out the broker and its platforms.

Read our FBS review and learn more about this award winning broker

In the world of forex trading, there are so many options when it comes to picking a broker. However, if you find yourself picking the wrong one it can be a decision that weighs very heavy on your bank balance. A good place to start is by reading some forex broker reviews, so you’re already on the right path because you’ve found your way here.There are a number of things to bear in mind when making your decision and you’ll find we cover most of them in our honest reviews. We are going to be looking at an award winning broker known as FBS, and after reading all the important details you’ll soon appreciate why they have received so many accolades.

$123gifted for a start

Max leverage:1:3000

Spread:1

Forex licence:IFSC

A brief introduction to FBS

FBS introduced itself to the world of forex trading in 2009, and now enjoys a presence in more than 120 countries with a customer base of more than 700,000 traders. And from the very beginning awards have been coming in left right and center. For example, in 2010 FBS received an award or best mini forex-broker; in 2012 it was named as the fastest growing broker in asia; in 2013 it received best broker in asia, and the awards were still coming in 2015. The activities of FBS are regulated by the international financial services commission, and while this may not be the FCA, bafin or cysec it is still a trustworthy regulator. FBS is owned by FBS markets company that has offices in a number of asian cities.

FBS has chosen metatrader 4 as its trading platform

A number of top forex brokers choose MT4 for their trading platform, and it comes as no surprise that FBS has done the same. It performs equally well for all operating systems including windows, MAC, android, and ios. There is no need for a download and automated trading is supported. It is one of the most functional trading platforms currently available and comes complete with a number of distinctive features. And for those of you who are keen to use the upgrade to this popular software, FBS now offer metatrader 5.

Five different account types to suit a range of different traders

FBS offer five different account types, each with their own special requirements and benefits. From traders who prefer to keep risks to a minimum right up to those who are ready to invest big and trade in large volume, all are catered for. Including those who much prefer to risk no money at all and get in some practice with virtual money.
Cent account

Minimum deposit $1

Floating spreads from 1 pip

No commission

Leverage up to 1000:1

Maximum of 50 open positions and pending orders

Micro account

Minimum deposit $5

Floating spreads from 3 pip

No commission

Leverage up to 3000:1

Maximum 100 open positions and pending orders

Standard account

Minimum deposit $100

Floating spread from 1 pip

No commission

Leverage up to 3000:1

Maximum 100 open positions and pending orders

Zero spread account

Minimum deposit $500

Floating spread from 0 pip

Commission from $20 per lot

Leverage up to 3000:1

Maximum 100 open positions and pending orders

Unlimited account

Minimum deposit $500

Floating spread from 0.2 pip

No commission

Leverage up to 500:1

No trading limits

All the above accounts have access to 3 currency pairs and 2 metals, and all support swap-free trading with the option of free funds insurance. In addition, there is the opportunity to become a VIP client if an account is funded with $10,000 and 50 lots are traded. VIP status entitles traders to priority processing of deposits and withdrawals, consultations with a personal account manager who speaks your mother tongue. VIP gifts and a certificate.
A number of payment methods are supported including visa and mastercard, neteller, skrill, webmoney and a number of other local methods. Skrill and yuupay are the only methods that incur additional charges and many payment methods are processed immediately.

FBS are celebrating the 2016 olympics with some great giveaways

It seems that the 2016 olympics are being seen as a great excuse to give away lots of prizes. For example:

Olympic giveaway with more than 300 unique gifts

Prize fund of $1000 for demo account traders who make the most virtual profit

Money prize for traders who send in a photo of them wearing their FBS t-shirt

And these are on top of the bonuses and promotions already being offered by FBS. There is a 100% deposit bonus, a $123 bonus, cashback, FBS lucky T-shirt, and the gift of an iphone 5s plus.

Educational material is limited but it hasn’t been forgotten

There are the standard offerings of market analysis and calculators as well as an economic calendar, but there are no online tutorials, webinars, videos, or ebooks, however, if you can make it to one of the venues there are some real life seminars available to participate in. We happen to miss the usual fare of training material, and many beginners are sure to be disappointed.
Customer service is more than adequate with an FBS representative available on several international numbers, but mostly these seem to be in asia. There is also an email support address, as well as a live chat option. Although the live chat option is only available in english.
FBS is a reputable broker that has received numerous awards, although these are mostly for its endeavors in asia. Customer feedback is very positive so they must be doing something right. One thing, however, that makes them unique is their ‘breakeven trading’ insurance scheme. We haven’t come across anyone else allowing traders to insure deposits, which if lost during trading FBS guarantee to pay you back. If you like the sound of this or any other of their features you can try them out risk-free by opening a demo account.

Company	FBS markets inc.
Website	https://fbs.Com/
headquarters	belize
established	2009
languages	english, spanish, lithuanian, portuguese, russian, arabic, bengali, chinese, bahasa indonesia, japanese, korean, bahasa malaysia, thai, urdu, vietnamese, tamil, lao, burmese.
Deposit methods	regularpay, visa/mastercard, NETELLER, skrill, webmoney, perfectmoney, OKPAY, wire transfer, yuu collect, sahibexchange and zaw forex service

The average spread ratio is 1

Residents of belize, the USA and japan are not currently permitted to create a forex account.

Free forex seminars & workshops.

The quickest and easiest way to contact customer support is through live chat, which is available 24/5.

The remote forex licences has been issued by the IFSC.

FBS spreads review - types and characteristics (2021)

If you have opened an FBS account, you will notice that all FBS account types feature some form of spread.

This is the major way in which the broker profits due to the commission-free trading nature of FBS.

On that note, we have compiled this comprehensive guide to bring you through every type of FBS spread. This includes what they mean and how much they are on each asset.

You can also see our FBS review for a full in depth look at the broker.

74-89% of retail CFD accounts lose money

Type of spreads with FBS

Here we will describe exactly the types of FBS spread which are implemented on each instrument and each of the FBS accounts which you may sign-up for.

Variable and fixed spread

Both the FBS fixed spread and FBS variable spread available are very competitive when compared with the industry average. This should give you a certain peace of mind for trading.

Spread on instruments

Spread on accounts

As mentioned, the spread may vary depending upon your FBS account type choice. Here are some of the main examples of how the spread impacts each account type.

Cent account

The FBS cent account spreads too are very competitive. If you are an EU trader you can rely on a floating spread which starts from 1 pip with no commission.

Similarly if you are a non-EU international trader, FBS spreads start on this account from a floating 1 pip and also with no commission as well as STP execution.

Standard account

Micro account

The FBS micro account it is important to mention first of all, is only available to those who are trading outside the EU on an international market account from FBS.Com.

Zero account

Many top brokers feature some form of zero account. FBS is no different. The FBS zero account also features a fixed spread which starts from 0 pips.

This is one of the few FBS accounts which does also charge a commission. This remains competitive at $20 per lot and is balanced by the proportionately lower spread.

The account also uses STP processing. The FBS zero account is only available to those trading on the international market side of FBS.

ECN account

Again the FBS ECN account is available only to those traders on the international markets side of the broker. With this account, spreads actually start from a highly competitive -1pips.

74-89% of retail CFD accounts lose money

FBS spread review on various assets

Now let’s take a more detailed look at what the FBS spreads are on each asset class so you can factor it into your trading decisions. Full details are also provided in the charts.

Forex

If there are commissions to be charged on a trade as you will see in the zero and ECN accounts, these are per lot and will be charged in your base currency.

The FBS micro account also has a comparatively high spread, particularly during the night. This is another thing to keep your eye on.

FBS.Eu	standard	cent
EURUSD	0.5	0.5
USDJPY	1.1	1.1
GBPUSD	0.6	0.6
EURGBP	2.1	2.1

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
EURUSD	0.8	0.8	3.0	0.00 + $20	-0.1
USDJPY	1.0	1.0	3.0	0.00 + $30	0.1
GBPUSD	0.7	0.7	3.0	0.00 + $30	0.2
EURGBP	1.0	1.0	3.0	0.00 + $30	0.4

Cryptocurrencies

Indices

FBS.Eu	standard	cent
NASDAQ	25 +$25/lot	25 +$25/lot

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US500	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a
NASDAQ	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a

Stocks

FBS stick trading features selection of globally prominent stocks which can be traded. This form of trading is only made accessible again through standard or cent accounts.

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US stocks	$3.00	$3.00	n/a	n/a	n/a

Commodities

FBS.Eu	standard	cent
GOLD	10	10
US OIL	3.0 +$25/lot	3.0 +$25/lot
UK OIL	1.0 +$25/lot	1.0 +$25/lot

fbscom	standard	cent	micro (fixed)	zero (fixed)	ECN
GOLD	10	10	n/a	n/a	n/a
US OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a
UK OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a

74-89% of retail CFD accounts lose money

FBS spread comparison with other major brokers

Comparing FBS with other top brokers in the industry is a natural way to conclude our information and hopefully it can help you make the right choice when choosing your broker.

If you are interested in scalping with FBS, you will also be glad to know that this activity is allowed by the broker too.

74-89% of retail CFD accounts lose money

FBS review

5 november 2020 - kate leaman

During this FBS review, our team will take a look at every important detail you need to know about this broker. FBS entered the trading market in 2009, and in the same year, it had already amassed 50,000 clients. The broker has an impeccable reputation, which is further enforced by cysec and IFSC regulation. Offering four different asset classes and five different account types, you can kickstart a successful trading career at FBS. Moreover, any broker that is the main sponsor of FC barcelona and with as many prestigious awards as FBS will surely live up to its reputation.

80+ tradable instruments

Reputable sponsor of FC barcelona

Cysec and IFSC licenses

The best broker for high leverage trading

Certain commissions on deposits/withdrawals

FBS overall scores

In this review, you can find all the information you need to decide whether FBS is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how FBS scored in each of our high-priority categories.

So, let's see, what we have: FBS is a forex trading broker offering a choice of platforms, products and live accounts. See our review for spreads, mobile apps, and fees. Sign up today. At fbs review 2021