Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

FBS Review

3.2
5 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

FBS general information

Founded in: 2009 year
Headquarters:
Belize
Minimum Deposit: 1 $
Website: www.fbs.com
Website languages:
English, Arab, Bengal, Vietnamese, Indonesian, Spanish, Chinese, Korean, Lithuanian, Malay, Portuguese, Russian, Thai
Execution model:
ECN, STP
Deposit currency: USD, EUR
Support languages:
English, Arab, Vietnamese, Indonesian, Chinese, Malay, Russian
Regulated by: IFSC (Belize)
NAFD (Russia)
Mobile trading: iOS, Android
Affiliate program: Not

FBS Forex broker description

Financial brokerage services, or commonly known as FBS, is a renowned FX brokerage company that primarily operates in Asia. The forex broker has a number of offices in China, Indonesia, Russia, Philippines and even Malaysia. The company is regulated by the International Financial Services Commission (IFSC) which aims to regulate all the financial aspects of the company. It is, however, worth noting that regulation is not a strong point for FBS as forex traders are much more likely to trust organizations regulated by reputable regulators such as the FCA, CFTC and ASIC among others.

The company was founded in 2009 and has gone to accrue about 700,000 clients from different nations across the globe. Despite not having a stronger regulation like the other forex brokers, the company has won a number of awards and received numerous accolades for the services they offer to clients. A quick tour through the FBS comments and reviews show that the broker has received various positive reviews but it not free from criticism.

Trading accounts

Most brokers around the world offer a variety of trading accounts but FBS only offers four account offerings. These trading accounts have different features and include.

Cent Accounts

This is a basic account for FBS clients with a minimum deposit requirement of about $1 and maximum leverage of 1:1000. The leverage is quite high and allows the clients to get profits even with low sums. The minimum trade size is 0.01 lot and the average spread is 2 pips.

Standard Accounts

This is another account option for FBS clients with a minimum deposit requirement of about $100 and maximum leverage of 1:3000. The leverage is relatively high and allows the clients to get more profits the sums invested. The minimum trade size is 0.01 lot and the average spread is 0.9 pips.

Zero Spread Accounts

This is another great account for FBS clients with a minimum deposit requirement of $500 and maximum leverage of 1:3000. The leverage is quite high and allows the clients to get profits even with low sums. The minimum trade size is 0.01 lot and the average spread is 0 pips + $20/lot.

ECN Accounts

This is another account option for FBS clients with a minimum deposit requirement of about $1000 and maximum leverage of 1:500. The leverage is not as high as the other account types but still allows the clients to accrue profits with their invested capital. The minimum trade size is 0.01 lot and the average spread is 2 pips.

The Company and Security of Funds

FBS was established in 2009 and has grown to become a favorite international brokerage company that has won various accolades. What sets out FBS from other firms? It has great trading conditions, a good number of trading account options, the option to choose between fixed and variable spreads and different payment methods. The company behind FBS is FBS Markets Inc, which is regulated by the International Financial Services Commission of Belize (IFSC). Although the IFSC is touted to have very liberal rules with regards to regulating its forex brokers, the regime has better regulatory structures than other offshore jurisdictions.

FBS is also regulated in Cyprus, a popular forex trading jurisdiction, under Tradestone Limited. Tradestone Limited is regulated by the Cyprus Securities and Exchange Commission. Under the MiFID directives, all the brokerage companies that are regulated by CySEC are entitled to carry out their operations in the EU. This makes FBS a secure company where currency traders can invest through.

Trading Conditions of FBS

Minimum deposit requirement

Unlike other forex trading companies that require extra high deposit requirements, one can open an account with FBS for only $1. However, not all companies that are regulated by the IFSC have such low requirements as FX Choice requires new traders to open accounts with $100.

Spreads and commissions

A quick review of the spreads offered by each account type will easily reveal that the ECN account offers the best spreads which start from -1 pip with the commission totaling to only $6 per each lot. The other account types also offer competitive spreads which one can easily choose between variable and fixed spreads.

Leverage

FBS is among the forex brokers with the highest leverage in the industry. Maximum leverage in the company totals to about 1:3000, which often sound attractive to novice traders that may have a small budget. A quick word of caution though, while more leverage allows you to operate and accrue high amounts, it also magnifies the amount of money that one is likely to lose.

Trading conditions and platforms

Trading with FBS allows you access to two trading platforms that include Metatrader 4 and Metatrader 5. Both of these platforms can easily be accessed on phone and on your PC as a web version. Being the most popular trading platform, MT4 has a number of attractive features that include various technical indicators, charting tools, expert advisors and a wide back-testing experiment surrounding.

Payment methods

one of the good things about FBS is the large number of payment methods that it offers its clients. You can use credit cards, Skrill, Bank wire, OKPAY, YuuPay, Neteller and Perfect Money among others. The wide range of payment options allows every trader from anywhere in the world, the convenience to easily make deposits and withdrawals.

Promotions

There are a number of promotions that FBS continues to run with new promotions being rolled out on a regular basis. Some of the promotions include a $50 no deposit bonus, a bonus of $123 to welcome you and a cashback program that allows you to get up to $7 per lot. 

BRIEFLY ABOUT FBS

Although not as regulated as other forex brokerage companies in the world, FBS has made a name in offering great services to its wide range of clients. Forex traders from almost all jurisdictions in the world are allowed to sign up with the broker and to start their financial journey. It has a number of features that will help you trade currencies conveniently without worrying about the security of your finances.

Trading accounts of FBS

  • Micro
  • Standard
  • Unlimited
  • Cent
  • Zero Spread
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 5 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
10 лотов
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Phone trading:
Not
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 25 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.1 лотов
Maximum position size:
10 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Phone trading:
Not
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 1000 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.1 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Phone trading:
Not
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 1 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
10 лотов
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Speed ​​of execution:
0.2 sec.
Commission:
Not
Phone trading:
Not
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 500 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.1 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Speed ​​of execution:
0.2 sec.
Commission:
Not
Phone trading:
Not

Monitoring of FBS's Micro account

FBS spreads All spreads FBS

Enable data feed
EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Live spread

N/A N/A N/A N/A N/A N/A N/A N/A
Average spread
for the past
30 days
Average spread Interval:
N/A N/A N/A N/A N/A N/A N/A N/A

FBS quotes All quotes FBS

Enable data feed
EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Ask
N/A N/A N/A N/A N/A N/A N/A N/A
Offers
N/A N/A N/A N/A N/A N/A N/A N/A

FBS swaps All swaps FBS

EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Long
-6.69 -8.44 1.33 -3.65 -1.11 0.26 0.32 -13.11
Short
0.24 0.96 -6.97 -4.27 -6.01 -3.56 -5.03 3.65

Contacts of FBS

Штаб-квартира
Белиз , Бельмопан Алмонд Бульвар, Garden City Plaza
show on the map
8 800 555 444 2 Горячая линия
Представительство
Малайзия , Petaling Jaya Jalan Sepah Putra, 1-35
show on the map
1 800 815 301

Recent customer reviews of FBS

Rooney Anderson 18 September 2019

Advantages: bad broker

Disadvantages: never lose again

Comment: They have good broker and they also had good manager that manage this company,but I think someone is behind the company that scam some customers,Have you lose in any trading,are you trading without profit, do you have withdraw problem, now listen I advise you to contact Mr Mario via email mariobattista8@gmail.com or WhatsApp +447467185671 and tell them you're problem and he can teach you how to know good companies, you can share to save peoples life.

Comment
Add a COMMENT
Donald Stan 27 April 2019

Advantages: Much

Disadvantages: Non

Comment: Hello everyone, I was scammed by expert option and that really brought me down. I read through Deo Christopher's post and here i am now i have recovered all that they stole from me although they handle different kinds of recovery, they also helped my start my trading on bitcoin mining and i have been making withdrawals on a regular bases. Notify if interested or watsapp him +17817207567

Comment
Add a COMMENT
Dr.hafiz elsharif 26 December 2018

Advantages: Islamic account

Disadvantages: Very difficult to withdraw your money

Comment: If your wise stay away from FBS. It is easy to make deposit with them but really hard to withdraw. I am struggling to get part of my money for a week without an success. If your wise stay away.

Comment
Add a COMMENT

FBS analisis & forecasts

All analysis FBS
17 OCTOBER, 2019
NZD/JPY is doing its best

Trade ideas BUY 69.10; TP 69.70; SL 68.90 SELL 67.75; TP 67.25; SL 67.90 NZD/JPY is surviving a period of correction/consolidation within the long-term downtrend. The pair’s currently in the middle of the range and the decisi ...

Read more
17 OCTOBER, 2019
USD/CAD: bears are trying to win

Trade idea SELL 1.3180; TP1 1.3150; TP2 1.3125; SL 1.3200 USD/CAD is actively testing levels below the July-September support line. In addition, it has slipped below all the key daily MAs (200, 100, and 50). The price action ...

Read more
16 OCTOBER, 2019
Have a look at Apple’s stock

Trade idea SELL 234.60; TP 233.00; SL 235.00 There are many ways to trade the market sentiment in relation to the US-China trade war. For example, you can bet on the stock of Apple as the American company has strong ties to t ...

Read more

FBS webinars and seminars

16:37 04 FEBRUARY, 2019
Webinar: “Technical Indicators by Bill Williams” - FBS

FBS in-house currency analyst Elizabeth Belugina will teach the webinar’s participants how to analyze the charts in the Meta ...

16:30 04 FEBRUARY, 2019
Webinar: “Technical analysis. How to eliminate price noise” - FBS

FBS analyst Elizabeth Belugina will have a discussion on how to eliminate market noise and how to trade with profit. Happening o ...

16:10 29 MAY, 2018
Seminar: “Free Seminar in South Africa” - FBS

Forex broker FBS will hold a free Forex seminar in South Africa on June 9, 2018. Several topics will be discussed including the ps ...

FBS bonuses, contests and promotions

All bonuses, promotions, contests FBS
Offer type : Bonuses (until 01.01.2021)
100 USD Bonus - FBS

Want to start a trading career but not ready to use your own money? Then the 100 USD bonus by FBS is perfect for you! Receive the bonus which you can ...

Offer type : Promotions (until 01.01.2020)
Fixed Rate - FBS

Forget about fluctuating exchange rates! With FBS’ Fixed Rate offer, no need to worry on your next deposit and withdrawal. The offer helps tra ...

Offer type : Bonuses (until 01.01.2020)
Partner Bonus - FBS

All partners of FBS have the opportunity to earn up to $3000 extra every month. Recruit and refer more clients to FBS, and you will receive up to $80 ...

FBS is often compared with

LMFX
Compare
AAFX Trading
Compare
Dukascopy Bank SA
Compare
HotForex
Compare
FXTM
Compare
IC Markets
Compare
Admiral Markets
Compare

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
If you like this discussion on TopBrokers.com then please like us on Facebook