FBS is a renowned financial brokerage service in Asia, founded in 2009. The Forex Broker has several offices in China, Indonesia, Russia, the Philippines, and Malaysia.

FBS is a global CFD broker, which means it offers trading in a variety of financial instruments, including stocks and stock indices. FBS is regulated by the International Financial Services Commission (IFSC). Other regulatory bodies include CySEC, ASIC, and FSCA, which means it complies with various jurisdictions’ laws and regulations. One of the things that makes FBS particularly attractive to traders is its low fees.

On FBS, the account opening process is fast and simple, which is great news for those who want to start trading immediately. The company charges no inactivity fee, and deposits and withdrawals are free of charge and user-friendly. Once you’re set up with an account, you can take advantage of FBS’s convenient trading terminals, including a mobile version of its platform.

Supported Countries

FBS Markets Inc. provides services to a host of countries. Their clients worldwide include the Philippines, South Africa, Brazil, India, Malaysia, Pakistan, Indonesia, Vietnam, United Arab Emirates, Egypt, and many others.

However, it’s important to note that FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including the USA, the EU, the UK, Israel, the Islamic Republic of Iran, and Myanmar. This is because FBS is a regulated broker and must comply with the laws and regulations of the countries where it operates.

Customer Service Rating

According to online reviews, FBS has a 2.5-star rating out of a possible 5, based on 351 reviews. Some positive reviews mentioned that FBS is one of the best brokers, offering the convenience of depositing funds through cryptocurrencies. Traders also appreciated that FBS has a user-friendly mobile application that makes trading on the go a breeze.

On the other hand, some negative reviews mentioned that trades were closed in a loss before the stop loss was reached, leading to losses for the traders. Additionally, there have been unauthorized deductions, which understandably frustrated some traders.

FBS Forex Trading Platforms

Having access to multiple platforms can be a game-changer for some traders. That’s where FBS comes in with its three trading platforms – MetaTrader 4, MetaTrader 5, and proprietary FBS Trader.

• MetaTrader 4 (MT4): This platform allows traders to leverage one-click market execution of trading orders and copy trading. The MT4 comes with an array of charting tools as well as technical indicators for tracking trading conditions. It also allows easy access to Expert Advisors (EAs) and automated copy trading. In addition, quick execution of trading and investment orders on the go is possible through mobile applications of the platform, and VPS (Virtual Private Server) trading support is available for FBS clients. The MetaTrader 4 MultiTerminal is available at FBS, allowing clients to operate several live trading accounts simultaneously.
• MetaTrader 5 (MT5): This upgraded version of MT4 offers all the latter’s services, along with additional benefits. MT5 provides an opportunity for netting and hedging. You can also enjoy advanced technical indicators and tools for predicting reliable trading conditions. It also makes for a greater market leader depth view and accessibility to different timeframes for copy trading. Traders can use the MetaTrader platforms directly at the website of FBS without the need for download and installation.
• FBS Trader: This is the feature-rich platform of FBS accessible through the mobile app. It comes with a seamless and intuitive interface that allows access to top FBS trading tools and statistical reports that get updated in real time and offer reliable trading conditions. The FBS copy trade app is compatible with every operating system and is available in Android, Windows, and Apple app stores.

Trading Denominations on FBS Forex

FBS forex allows traders to determine the account denominations they want. There are a few options to choose from, including USD and EUR.

Company Structure

FBS is a name that many traders trust when it comes to Forex trading services. Their commitment to delivering quality services to their clients has earned them a good reputation in the industry. With FBS, you can be sure that your finances are well-protected as the Broker is regulated by several financial authorities such as CySEC and ASIC.

The company has been in the industry for over a decade, and its responsible approach to its tasks has helped them maintain a loyal clientele. One of the benefits of trading with FBS is their low stock and stock index CFD fees. Plus, there are no hidden inactivity fees to worry about.

FBS has received numerous accolades in the industry over the years, which is a testament to the Broker’s exceptional service. These awards include Best Forex Broker Thailand in 2021 and 2022, Best Forex Broker Asia in 2018, Broker of the Year in Latin America in 2016, The Most Reliable Forex Broker MENA in 2020, and Best Mobile Trading Platform Asia in 2020, among many others. 

FBS Forex Licenses and Regulatory Compliance

FBS is a global CFD broker with its headquarters in Belize and Cyprus. The Broker is regulated by several financial authorities, including the International Financial Services Commission (IFSC) in Belize, the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa. This ensures that FBS follows the regulations and requirements set by each regulator.

Here are the FBS broker licenses:

• Tradestone Limited – authorized by CySEC (Cyprus) registration no. 353534
• Intelligent Financial Markets Pty Ltd – regulated by the ASIC (Australia) license number 426359
• FBS Markets Inc. – authorized by IFSC (Belize) registration no. 119717
• TRADE STONE SA (PTY) LTD – authorized by FSCA (South Africa) license no. 0885

FBS Forex Customer Protection

FBS market is a reliable forex broker that provides extra security measures to its clients. This global Broker has multiple regulations by reputable bodies, so you can rest assured that your finances are safe.

FBS provides Investors’ Compensation Fund (ICF) schemes to its users. If the company becomes insolvent, traders would be compensated up to €20,000. The Broker also protects money through segregated accounts, which safeguards the client’s money against unethical practices.

FBS uses only regulated payment methods for the customer’s transactions. In addition, FBS provides negative balance protection, meaning traders will never lose more than their account balance. Traders must also submit KYC documents during registration and follow AML guidelines to protect against financial scams.

Customer service

FBS takes great pride in providing excellent customer support to its clients. Whether you have a question in the middle of the night or on the weekend, FBS’s customer support team is available to assist you.

You can contact FBS’s customer support team via CallBack, email ([email protected], [email protected], [email protected]), or chat. Whatever method you prefer, they’ve got you covered. Their customer support is available in multiple languages. This makes it easier for clients to get the help they need without language barriers.

FBS also organizes local events in different countries where their clients can meet them in person and ask any questions they may have. There is also a comprehensive FAQ section on their website. This makes it easy for clients to find the answers they need quickly.

Trading Information

Unlike other forex trading companies that require high deposit requirements, you can open an account with FBS for only $1. FBS offers several account types, each with competitive spreads. 

If you’re looking for the best spreads, then the ECN account is your best bet. The spreads start from -1 pip with a commission totaling only $6 per lot. You can easily choose between variable and fixed spreads with other account types.

For novice traders with a small budget, FBS offers one of the highest leverages in the industry. The maximum leverage in the company is about 1:3000, which is very attractive for those with limited funds.

FBS Forex Leverage

FBS allows you to choose the type of Account that best suits your trading needs and risk appetite. FBS offers a range of leverages for different kinds of accounts, from the Cent Account with a maximum leverage of 1000:1 to the ECN Account with a maximum leverage of 500:1.

If you prefer a Micro Account, you can enjoy the highest leverage of 3000:1. The Standard Account, Zero Spread Account, and Crypto Account also have a maximum leverage of 3000:1, except for the Crypto Account, which has a lower leverage of 5:1.

Deposits and Withdrawals

Deposits 

FBS provides a range of funding methods to make depositing money into your trading account easy. You can use credit and debit cards, electronic payment systems, bank wire transfers, and exchanges. The best part is that FBS does not charge deposit fees or commissions, making it an affordable option for traders.

Withdrawals

The Financial Department of FBS processes all withdrawal requests based on the received order. Once your request is approved, they will send you the funds immediately. However, the time it takes to transfer funds to your account depends on the payment method you use.

Moreover, the minimum withdrawal amount for FBS payment systems starts from $1, so you can withdraw your funds even if you have a small amount in your Account.

FBS Trading Education and Training

Regarding forex trading, having the right tools and resources to help you make informed decisions is essential. That’s why FBS provides a wide range of tools to help traders of all levels. FBS offers a range of educational resources, including:

• Forex Guidebook
• Tips for Traders
• Webinars (divided into levels for beginners, elementary, intermediate, and advanced)
• Video Lessons
• Seminars
• Glossary

They also offer different market analysis tools to help you stay updated on the latest news and trends. These tools include:

• Market Analytics
• Forex News
• Daily Market Analysis
• Forex TV
• VIP Analytics

In addition to these tools, FBS provides traders with various resources to aid trading. These include:

• Trader Tools
• Economic Calendar
• Forex Calculators
• Currency Converter

Overall, FBS provides traders with a wealth of resources and tools, from novice to advanced.

CONCLUSION

FBS Forex is a reputable and reliable broker for traders seeking to invest in the financial markets. With its wide range of trading instruments, variable leverage options, and user-friendly platforms, FBS offers traders of all levels a chance to succeed in their investments.

The Broker provides traders with multiple funding methods, including electronic payment systems, credit and debit cards, bank wire transfers, and exchangers, with no deposit fees or commissions charged for any deposits. Also, withdrawal requests are processed promptly and efficiently, with the minimum withdrawal amount for FBS payment systems starting from $1.

FBS provides multilingual support services available 24/7 through phone, email, and chat, as well as local FBS events, live chat, callback, email, and FAQ support. Overall, FBS Forex is an excellent broker for traders looking for a broker that caters to their trading needs. Regardless of if you are a beginner or an experienced trader, FBS has everything you need to succeed in your trading journey.