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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.

3.9
/ 5

FBS review

Updated on Dec 8, 2024
|
15 mins read

Overview

FBS has been gaining a lot of traction in the world of trading as of late. We’re going to dive in deep so you can make an informed...
See full overview for FBS
Countries
+193
Devices
Max insured
No
Our Verdict
3.9
/ 5
Commissions & Fees
3.7
/ 5
Deposit & Withdrawal
4.1
/ 5
Customer Support
3.5
/ 5
Account Opening
4.4
/ 5
Regulation & Safety
3.9
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

Pros

  • Regulated Broker

  • Competitive Spreads

  • User-Friendly MT4 Platform

  • Educational Resources

Cons

  • Limited Platform Options

  • Mixed Reviews on Customer Support

  • Withdrawal Delays

General details

Type of accounts
Micro accounts
Standard Accounts
Unlimited Demo Accounts
Cent accounts
Trading platforms
METATRADER 4
METATRADER 5
Execution Model
ECN
Deposit currency
AUD
CAD
CHF
EUR
GBP
NZD
USD
Regulatory complience
CySEC
ASIC
Deposit payment systems
Withdrawal payment systems
Support Languges
English
Arabic
Vietnamese
Indonesian
Chinese
Malay
Russian
Autotrading
FBS Copy Trade App
Contact details

Customer reviews

Read real reviews from traders all over the world:

E
Eko Wibowo
9 May 2024
Advantages: It’s a trusted and proven broker. This is a massive positive side
Disadvantages: No crypto CFDs.
I’ve been a loyal customer for more than a year. All the services work fine and charts move without any suspicious activity. Sometimes I want to dip my toes in cryptos
N
Natthawat Charoen
3 May 2024
Advantages: -Unique
Disadvantages: -No cons
Good =)
See all 143 customers reviews

Accounts

Type of Trading Accounts on FBS Forex

FBS trading Broker offers a variety of account types that cater to traders of all levels, whether you’re a beginner or an expert:

  • Standard Account: This is the ideal choice for traders of all levels seeking optimal conditions. You can trade on the MT4, MT5, or FBS Trader platform and choose from 36 Forex pairs, 8 metals, 3 energies, 11 indices, 127 stocks, and 5 crypto pairs. You’ll have access to leverage up to 1:3000, a floating spread from 0.5 pips, and a minimum deposit of just $1.
  • Cent Account: This is a low-risk account for trading small amounts and testing strategies, then the Cent account is for you. You can trade on the MT4 or MT5 platform and choose from the same instruments as the Standard account. You can enjoy up to 1:1000 leverage, a floating spread from 1 pip, and a minimum deposit of just $1.
  • Pro Account: For those who want the ultimate Account for large orders and trading, the Pro account is the way to go. With this account type, you can trade on the MT4 or MT5 platform and choose from the same instruments on the Standard account. You’ll have access to up to 1:2000 leverage, a floating spread from 0.3 pips, and a minimum deposit of $1000.
  • ECN Account: If you’re a professional trader looking for the best conditions for large orders, the ECN account is perfect. You can trade on the MT4 platform and choose from 28 Forex pairs. You’ll have access to up to 1:500 leverage, a floating spread from -1 pip, and a minimum deposit of just $1.
  • Crypto Account: The Crypto account is a great option for those who want to trade on volatile digital currencies 24/7. You can trade on the MT5 or FBS Trader platform and choose from 30 coins, 48 coin-fiat pairs, 25 coin-coin pairs, and 10 coin-metal pairs. You’ll have access to up to 1:5 leverage, a fixed spread from 3 pips, and a minimum deposit of just $1.
  • Zero spread Account: This account type is perfect for easier order calculations for precise predictions. You’ll have access to up to 1:3000 leverage, a fixed 0 pip spread, and a minimum deposit of just $1. You can trade on the MT4 platform and choose from 31 Forex pairs and 2 metals.
  • Micro Account: If you’re a cautious trader looking for stable market conditions, then the Micro Account is the right choice. You can trade on the MT4 platform and choose from 31 Forex pairs and 2 metals. You’ll have access to up to 1:5 leverage, a fixed spread from 3 pips, and a minimum deposit of just $1.
Zero Spread - FBS
Swap-free account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
USD
EUR
Stop Out
20%
Minimum position size
0.1 units
Maximum position size
100 units
Execution type
market
Spread type
Floating
Decimal places
4
Margin Call
40%
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Cent Account - FBS
Swap-free account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
EUR
USD
Stop Out
20%
Minimum position size
0.01 units
Maximum position size
10 units
Execution type
market
Spread type
Floating
Decimal places
4
Margin Call
40%
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Unlimited Account - FBS
Swap-free account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
EUR
USD
Stop Out
20%
Minimum position size
0.1 units
Maximum position size
100 units
Execution type
market
Spread type
Floating
Decimal places
4
Margin Call
40%
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Standard Account - FBS
Swap-free account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
EUR
USD
Stop Out
20%
Minimum position size
0.1 units
Maximum position size
10 units
Execution type
market
Spread type
Floating
Decimal places
4
Margin Call
40%
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Micro Account - FBS
Swap-free account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
USD
EUR
Stop Out
20%
Minimum position size
0.01 units
Maximum position size
10 units
Execution type
market
Spread type
Floating
Decimal places
4
Margin Call
40%
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents

Tradable instruments

Tradable instruments on FBS trading platforms include:

  • Metals
  • Energies
Currencies
N/A
Indices
N/A
Stocks
N/A
Cryptocurrencies
N/A

Frequently asked questions

Find the right answer to your question below.

Is FBS a regulated broker?

FBS is a highly regulated brokerage, governed by several regulatory bodies like FSA and IFSC. Traders and investors can confidently trade, knowing their investments are safe.

What trading platforms does FBS offer?

FBS offers MT4 and MT5 to support different traders. Both are reliable tools that provide essential tools for safe trading.

MT4 is a user-friendly platform that suits beginner traders, while MT5 works for more professional investors. However, FBS lacks other trading platforms that provide more options.

What account types are available with FBS?

FBS offers eight regular account types with minimum deposits that start at $1. Some of these accounts also offer a demo version that allows you to practice trading. Moreover, this broker has a special Islamic account with no overnight charges.

Cent accounts represent a good choice for beginners and Micro accounts work for those who want to practice safe trading. Here’s a summary of each account’s minimum deposit:

  • Cent and Crypto account is $1.
  • Micro account is $5.
  • The Ultra account is $50.
  • Standard account is $100.
  • Pro account is $200.
  • Zero spread account is $500.
  • An ECN account is $1000.
How competitive are FBS's spreads and commissions?

FBS offers multiple competitive spreads, especially if you’re trading major currency pairs. These competitive spreads mean lower transaction fees and a higher profit margin for potential traders.

Traders are charged different commissions based on their account and asset types. Nevertheless, the pricing of FBS is considered competitive and appealing compared to other brokers.

What funding and withdrawal methods does FBS support?

FBS offers more than 200 payment methods that can be used for deposits and withdrawals. Users can pay and withdraw money by linking these methods directly to their bank accounts or e-wallets.

Nevertheless, some traders reported facing delays and issues with their transactions.

FBS compared with alternative brokers

To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.

  • Overall verdict
  • Trading
  • Minimum deposit
  • Maximum leverage
  • Fees
  • Withdrawal fee
  • Deposit fee
  • Safety
  • Top-tier regulators
  • Investor protection
FBS
  • Free VPS hosting
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • 3.9
    / 5
  • 4.1
    / 5
  • N/A
  • N/A
  • 3.7
    / 5
  • N/A
  • N/A
  • 3.9
    / 5
  • CYSEC, ASIC
  • Yes
  • See review
RoboForex
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • 4.9
    / 5
  • 5
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • 1%
  • $0
  • 4.9
    / 5
  • No
  • Yes
  • See review
XM
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • 4.5
    / 5
  • 4.6
    / 5
  • $5
  • 1:888
  • 4.3
    / 5
  • $0
  • $0
  • 4.7
    / 5
  • ASIC, FSC, CYSEC
  • Yes
  • See review
Exness
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • 4.9
    / 5
  • 4.9
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • $0
  • $0
  • 4.6
    / 5
  • FCA, CYSEC
  • No
  • See review
  • 4.1
    / 5
  • 4.2
    / 5
  • 0$
  • 1:400 (1:30 for EU)
  • 3.9
    / 5
  • 0$
  • 0$
  • 3.9
    / 5
  • FCA
  • Yes
  • See review
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