FBS Review : Forex Broker Reviews & Ratings
Since 2009, stability, transparency, and trustworthiness have been the hallmarks of FBS services. Today, FBS is an international brand that unites several companies, offering their clients opportunities to trade Margin FX and CFDs. Through its products FBS Personal Area and the FBS Trader app, FBS also gives traders access to more than 240 instruments. Through transparent client relations and its comprehensive 24/7 comprehensive support team, FBS has built a steadfast reputation of reliability.
FBS makes multiple Sign Up Bonus offers available to new and current clients. This includes a Level up, CashBack, Quick Start, and 100% Deposit Bonus offer. FBS is an award-winning, international broker with a global presence in over 150 countries across the world.
Should you buy your silver bullets on FBS?
The support is available in more than 150 different languages. Most traders are from Africa, Indonesia, Malaysia, India, Indonesia, and the Philippines. So if you do a withdrawal on the weekend the money will be processed on Monday. It is important to know that you have to verify your account fully before withdrawing money.
FBS provides a legitimate environment to the traders and investors through strict compliance with the regulatory restrictions of the IFSC of Belize and serves clients across the globe. FBS seeks to make the traders’ dreams come true by providing the opportunity of winning luxury cars of the most rewarded brands by taking part in promotional trading contests. Verify the email address and then make instant deposits in the real account.
There is a plethora of indices available for trading at the platform of FBS and the typical spread for trading in indices varies between 14 and 1800. Some of the most popular indices available in the lot size of 10 include EU 50, USD 500, and USD 30, among others. There is no swap free option trading facility available for the exotic forex currencies.
FBS provides 3 types of account for clients under CySEC, typically EU clients. These account types differ in pricing and the amount of the required initial deposit. Whether you are new or are experienced in investing in forex and CFDs, FBS is a reliable and well-known broker that can easily suit your needs. All throughout this broker FBS review, we have covered all you need to know about this international online trading platform.
FBS has low stock and stock index CFD fees and charges no inactivity fee. The account opening process is fast and simple, while deposits and withdrawals are free of charge and user-friendly. On the negative side, FBS has a limited product portfolio covering only CFDs. There are only a few account base currencies, and there is no investor protection for non-EU clients. BrokerChooser gave FBS a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account. In the demo version of the account, all the tools and features are similar to the real account but no real capital is needed to execute trades.
For transfers to bank accounts, a flat fee of $30 is charged. This also applies if part of the payment is booked to the credit card. If the payout exceeds the amount previously paid in with the credit card, the difference in excess will be transferred to a bank account of the trading account holder.
We advise you to read FBS’ risk disclosure, customer agreement, and terms of business before you start trading. Overall, the selection of trading instruments available at FBS is generally limited, but it has an excellent range of cryptocurrencies. Although FBS is regulated by some excellent regulators, Malaysian residents trade with FBS’ subsidiary in Belize and will not have local protection.
Portfolio and fee reports
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
Following are the details of regulatory licenses held by FBS in different jurisdictions. Accordingly, while FBS is able to meet the needs of experienced traders with higher risk tolerance, it also caters overwhelmingly to beginners. The full spectrum of reliability encompasses many components, and FBS performs remarkably on all accounts. FBS is authorized and regulated by CySEC for its EU and UK clients, by ASIC for its Australian clients, and by the IFSC and FSCA for international clients. On the other hand, the broker offers a vast selection of educational tools, such as seminars, webinars, eBooks, tutorials and much more.
FBS is regulated by multiple financial authorities, including CySEC and ASIC. However, FBS is not listed on any stock exchange and none of its financial information is available publicly. FBS’ customer service is exceptionally good across multiple channels, so you’ll be in good hands when it comes to your broker and trading related questions. Changing the leverage is very useful if you want to lower the risk of your trade. Be careful with forex and CFD trading, as preset leverage levels are high. FBS Trader is a well-designed and user-friendly mobile trading platform, equipped with a good search function and safe login.
In case you need more clarification, please contact us via LiveChat. FBS never holds back funds of clients and a client always can withdraw deposited funds. Before this I used MT4 and MT5 for trade forex, but now I found apps FBS Trader make my trade more easy, easy manage my finance and can trade anywhere anytime. Kindly be informed that there is not any condition to withdraw your profit from Real Trading account. You can withdraw all of the funds you have (deposit+profit) from your Real Account anytime you want. In case you have further questions, please contact us via LiveChat.
- The prize fund is like 1000$ or more and the 5 first places win a certain amount of it.
- FBS keeps client funds in segregated accounts with trusted financial institutions, which means that client funds are kept separate from the company’s operating funds.
- The chosen trading platform can be downloaded on your device for instant login.
- 75.3% of retail accounts lose money when trading CFDs with this provider.
- Also, the limitations applied to the bonus account were also mentioned in the conditions right from the start.
The platform also maintains money protection by segregated accounts. The segregated account safeguards the client’s money against unethical practices. Overall, the international broker site of FBS is highly secure and customers may trade safely at all times. The trading platform of FBS offers spreads https://forex-review.net/ that vary according to the regional boundary of the user and their trading account type. FBS does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. Traders with live accounts can request FBS to set the demo account to non-expiry.
Our take on FBS
FBS users who are EU residents will be trading under the subsidiary, Tradestone Ltd, regulated by CySEC. Coming from our FBS broker review, the available CFD commodities in the FBS platform are hard commodities such as oil, natural gas, gold, and platinum. A measure of the price performance of an aggregate of securities, indices are another popular equity offered on the FBS platform. They allow investors to invest in entire sectors or sectors with just one position. We found the customer service responsive, polite, and resourceful.
Read the FBS review one-click trading and non-dealing desk to know more about the best forex broker site of the FBS trading platform today. The Cent and Micro account at FBS are ideal for beginners as it allows trading on micro lots with low spreads and low minimum deposit. The standard account is ideal for all types of traders while the ECN and Zero Spread accounts are ideal for experienced traders and scalpers. fbs forex review The range of account types, platforms with advanced tools and convenient customer supports enables good trading conditions. Also, FBS adheres to popular and quite good reputation among traders, while also FBS actively participates in social activities. While the trading costs are among low for Forex instrumentsand provided FBS Markets execution model as an STP Broker is making good job on provided platforms too.
Is the quality of customer service satisfactory?
The broker has also partnered with numerous industry leaders around the world to offer traders amazing services and additional opportunities for fun. The company is an official partner of Leicester City and FC Barcelona. There are over 35 currency pairs available at FBS and they are across all types. You can trade major, minor, as well as exotic currency pairs with FBS. Thanks to the international regulatory status of the broker, it is able to offer services in numerous countries around the world. For example, the FBS Malaysia branch is very popular among local traders in the country.