Fbs register

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My list of forex bonuses

Trade Forex, CFDs, Stocks and Metals with honest broker, fbs register.

Trade forex, cfds, stocks and metals with honest broker

For newbies, risks are 100 times lower

Highest honest leverage on market

Wide payment systems geography

Feel free to choose any account type you like!

For experienced market players making their way to forex heights

Perfectly suits those who are just starting on their way to success on forex

Ideal for those who want to calculate their profit precisely

Designed for those who prefer trading at the fastest speed

For those who want to feel the full power of trading with ECN technologies

To grow your confidence, train your trading skills on a demo account.

Deposit with your local payment systems

Be armed with the latest news

Improvements in the conditions of U.S. Stock trading

FBS copytrade removes the $500 limit for copying PRO traders

FBS 12 years: big time! Big money!

Dollar pares gains, equities trim losses ahead evening trading

EUR/GBP: bulls return again

Silver: rising in the shade

War for gamestop between reddit and wall street

Big news: trade the volatility

USD: biggest weekly gain since october

Contact us

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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.

I want to register an account

The process of opening an account with FBS is simple.

To register a personal area with FBS visit our website and click on the “ open an account ” button in the top right corner of the website.

You can register via a social network or enter the data required for the account registration manually.

Let’s go through the second option.

Enter your valid email and full name. Make sure to check that the data is correct; it will be needed for verification and a smooth withdrawal process. Then click on the “register as trader” button.

You will be shown a generated temporary password. You can continue using it, but we recommend you to create your password.

An email confirmation link will be sent to your email address. Make sure to open the link in the same browser your open personal area is.

As soon as your email address is confirmed, you will be able to open your first trading account. You can open a real account or demo one.

FBS offers a variety of account types. If you are a newbie, we may recommend you to choose cent account to trade with smaller amounts of money as you get to know the market.
If you already have forex trading experience, you might want to choose micro, standard, ECN or zero spread account.

Depending on the account type, it may be available for you to choose the metatrader version, account currency, and leverage.

Congratulations! Your registration is finished!

You will see your account information. Make sure to save it and keep it in a safe place. Note that you will need to enter your account number (metatrader login), trading password (metatrader password), and metatrader server to metatrader4 or metatrader5 to start trading.

Don’t forget that to be able to withdraw money from your account, you need to verify your profile first.

Financial services register

The financial services register is a public record of firms, individuals and other bodies that are, or have been, regulated by the PRA and/or FCA.

Publication of directory persons data

Directory persons data for firms regulated by both the FCA and PRA is now published on the FS register. Directory persons data may show for some but not all firms regulated solely by the FCA until 31 march 2021.

Solo-regulated firms must submit their directory persons data via connect by 31 march 2021. We will incrementally display data from solo-regulated firms as it is submitted from 14 december 2020. If submitting data for 10 or more than 10 directory persons, use the multiple add template or multiple amend template available on FCA website between 11 january and 18 march. For submissions using single add or amend forms on connect, this can continue until the deadline of 31 march 2021.

Using the financial services register

In the UK, nearly all financial service activities must be authorised by the FCA. You can search the financial services register (the register) for firms and individuals, and the activities for which firms have permissions.

Always check the firm you’re dealing with is listed on the register. It lists all the firms and current or previously approved individuals involved with regulated activities. It shows whether a firm you’re using, or plan to use, is regulated by the PRA and/or the FCA. You can find out what they’re regulated to do and your protections when doing business with them.

Make sure the firm you’re dealing with has permissions for the regulated activities you need. Always check that the permissions/activities of the firm match the service it’s providing for you.

Only use the contact details listed on the register. Many scammers pretend to be a legitimate firm. Use the contact details on the register to confirm you’re dealing with the genuine firm before doing business with them.

From later in 2020, under the senior managers and certification regime (SM&CR), we’ll begin publishing and maintaining a directory of certified and assessed persons on the register, so consumers and professionals can check the details of key individuals working in financial services.

Firms can find out more about the addition of certified and approved persons data on the register on our directory of certified and assessed persons page.

Unauthorised firms

Firms we have been told are providing regulated products or services without the correct authorisation – or deliberately running scams – are now included in the register with prominent warnings.

Other information on unauthorised firms includes the different details they give out and whether they’re falsely claiming to be from a genuine, authorised firm.

If you deal with a firm (or individual) that’s not regulated, you may not be covered by the financial ombudsman service or the financial services compensation scheme (FSCS).

Obtaining data extracts

If you’d like to use data from the register, you can buy a regular subscription or a one-off data ‘cut’. We offer the data in either CD or web-based formats. Read more about our register extract service (RES).

Alternatively, you can sign up to the FS register API developer portal. This service, currently free of charge, enables users to generate a unique key to access the register apis, as well as providing self-help support materials.

Accessing the register

Some webpages and web-based applications hosted by the FCA require web browsers to support javascript and accept session-based cookies. By default, the major web browsers are configured to handle these requirements.

Webpages and web-based applications will work well with the 2 latest versions of microsoft internet explorer and the current stable release and 1 previous release of mozilla firefox, apple safari, google chrome and microsoft edge.

Please refer to google’s minimum standards in relation to the recaptcha challenge used on this site. Access to google.Com domains is required.

Web browsers that are fully compatible with these and older versions of these browsers may also be suitable, but the FCA does not design, maintain or test for browsers not listed above.

Further information

The regulatory jurisdiction for the register comes under the financial services and markets act 2000 (FSMA), payment services regulations 2009, electronic money regulations 2011 and money laundering, terrorist financing and transfer of funds (information on the payer) regulations 2017.

If you have any problems or questions about using the register, please contact us. Industry users can also email the register team.

Fxdailyreport.Com

FBS markets inc is a forex brokerage firm with offices located in several countries. The company is regulated by the international financial services commission (IFSC). Operating with steallar performance for the past 9 years has earned the company several awards. Opening an account with FBS markets inc is something many traders would love to do given the awards that the company has won in recent years.

So what is the process of registering for/opening a forex trading account with FBS markets inc? The procedure is spelt out below.

How to open an account on FBS markets inc

Opening an account with FBS markets inc is a procedure which can be completed online in a few basic steps. You will need to provide some information about yourself and your finances during the application process.

how to register / open live account forex with fbs markets inc broker

On the FBS markets inc account opening page, click the link “open live account“.

Fill the form fields with the data required for account opening. As part of the live account opening process, you will need to select the account type you want to operate, as well as the currency in which your trading activity will be performed (euro or US dollar).

After filling the online form down to the last page, click the button “open an account”.

Once you are done with the account opening process, you will be issued with a username and password and these will be sent to you via email. The password is a temporary one which is used to complete the account opening process. Enter this password and click the “open an account” again.

It is important that the personal data you enter in your name and address fields matches those on your official identification documents. This will become necessary during the account verification process which follows account opening.

After opening your account on FBS markets inc, you will be sent the permanent login details to enable you access the account. At this stage however, the account is still not ready to use. The account needs to be activated through a process known as account verification.

Trading

Upgrade your profit, trade with the best conditions!

Account
comparison

For experienced market players making their way to forex heights

For beginners who want to trade real funds without risking too much.

A cent account differs from a standard one only in the balance that is shown in cents.

1 cent lot equals 0,01 of a standard lot or 1,000 units. The max order volume is 500 cent lots, which is 5 standard lots or 500,000 units. Cent accounts involve a different level of risk. We recommend them for beginner traders.

Perfectly suits those who are starting their way to success on forex

For cautious traders who want to test their trading skills and tools on small virtual funds

A cent account differs from a standard one only in the balance that is shown in cents.

For experienced market players making their way to forex heights

For beginners who want to trade real funds without risking too much.

A cent account differs from a standard one only in the balance that is shown in cents.

Perfectly suits those who are starting their way to success on forex

For cautious traders who want to test their trading skills and tools on small virtual funds

A cent account differs from a standard one only in the balance that is shown in cents.

Download trading platform

Choose your payment system

Risk warning: 74% of retail accounts lose money when trading ᏟᖴᎠs with this provider. ᏟᖴᎠ's are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how ᏟᖴᎠ's work and whether you can afford to take the high risk of losing your money. Please refer to our risk acknowledgement and disclosure

The website is owned and operated by tradestone limited (address: 89, vasileos georgiou street, 1st floor, office 101, potamos germasogeias, 4048 limassol, cyprus), registration number HE 353534, authorized by cyprus securities and exchange commission, license number 331/17.

FBS $100 no deposit bonus

'trade 100 bonus' is given for free by FBS. Only for MT5 trading account!

Get $100 for free to pump up your trading skills and get familiar with forex trading without risking your own funds!

Notice

This promotion has ended its release period. Please check FBS's latest information and campaign on FBS's company introduction page.

Promotion details

FBS trade 100 bonus

What’s FBS trade 100 bonus?

Why you should get FBS trade 100 bonus?

How to get FBS’s $100 no deposit bonus
1. Open the bonus account
2. Trade for at least 30 days and fulfill the conditions
3. Get your profit!

How to make a fund withdrawal from FBS trade 100 bonus account

FAQ of FBS $100 no deposit bonus promotion

Terms and conditions of FBS trade 100 bonus

FBS trade 100 bonus

trading platform	metatrader5
promotion period	50 days
profit withdrawal	available after fulfilling conditions
available financial instruments	forex major currency pairs

What’s FBS trade 100 bonus?

After FBS has ended $50 and $123 no deposit bonus promotions, they have launched a new no deposit bonus.

Trade 100 bonus is the FBS’s latest no deposit bonus which gives away 100 USD for free to all traders.

If you haven’t received it yet, you can have $100 for free without any costs or risks involved to your own funds .

FBS’s trade 100 bonus is the ultimate risk-free promotion suitable for both new and experienced forex traders.

Why you should get FBS trade 100 bonus?

Trade 100 bonus is especially suited for new and novice traders in forex market.

Completely free

3 minutes online registration

No risks involved to your own funds

If you are an experienced trader, trade 100 bonus is your chance to get familiar with FBS platform .

Trade on major currency pairs, enjoy low spreads and swap free option for your trading and, of course, make some profit out of FBS’s welcome gift!

FBS has a tutorial video for traders who are interested in the promotion.

Watch the video to easily understand why you should receive the trade 100 bonus and how.

How to get FBS’s $100 no deposit bonus

Are you interested in getting FBS’s trade 100 bonus?

Follow the instructions below and get started.

1. Open the bonus account

First, you must signup for FBS from the online registration page.

Once you signed up for FBS, login to the “personal area” from the official website and go to “promotions and bonuses”, then click on “trade 100 bonus” as below .

Next, click on “open account”.

2. Trade for at least 30 days and fulfill the conditions

Once you open the trade 100 bonus account, you will receive MT5 account login credential.

Now you have 50 days to trade with the bonus.

After 50 days, the account will be disabled and profit amount ($100) will be transferred to your live account automatically, only if you meet all requirements.

While trading, please note that:

The order volume is limited to 0.01 lot

The maximum number of positions opened at the same time is 5

3. Get your profit!

The sum available for withdrawal is 100 USD.

In order to withdraw profit from FBS’s trade 100 bonus account, you should have at least 5 lots traded in the period of 30 active trading days.

The requirement for profit withdrawal from FBS’s trade 100 bonus account is explained below.

How to make a fund withdrawal from FBS trade 100 bonus account

There are mainly 2 requirements for profit withdrawal which are:

5 lots of trading volume
only orders with 10 points (100 pips) difference between opening and closing prices meet the conditions.

30 days of active trading period
this must be fulfilled in 50 days.

Once you meet the above 2 conditions, you can withdraw $100 profit to your live/real account from the personal area.

FAQ of FBS $100 no deposit bonus promotion

Here are some frequently asked questions of FBS’s trade 100 bonus promotion.

Who can receive FBS’s $100 no deposit bonus? Any clients who haven’t received the bonus can receive the bonus. The bonus is available only once per client. What’s the requirement to receive FBS’s $100 no deposit bonus? You only need to verify your account information in FBS’s personal area. The required documents are copies of ID and proof of address. How long FBS’s $100 no deposit bonus is available? FBS’s trade 100 bonus account is available for trading for 50 days. After the period, the account will be disabled for further trading. Isn’t $100 too small to start trading forex online? The trade 100 bonus is especially suited for beginners to experience FBS’s trading condition and practice trading. 100 USD would be enough amount to trade forex majors in MT5 account. Any costs that I need to cover to receive FBS’s $100 no deposit bonus? There is no cost involved or any extra commissions. The promotion is commission free and risk free. What’s the fund withdrawal condition of FBS’s $100 no deposit bonus? The bonus amount $100 cannot be withdrawn. Profits made in the bonus account is available for withdrawal after trading certain amount of lots. Why I can’t login to FBS’s trade 100 bonus account on MT4? Trade 100 bonus is available for MT5 platform only. Please install MT5 platform from FBS’s official website what can I trade on FBS’s trade 100 bonus account? In FBS’s trade 100 bonus account, you can only trade forex major currency pairs.

Do you have other questions in mind? Go to FBS official website and contact FBS’s multilingual support team available for 24/7.

Terms and conditions of FBS trade 100 bonus

Before receiving FBS’s 100 USD no deposit bonus on MT5, you must know the conditions and rules of the promotion.

Here are some important T&C of the promotion.

For the full terms and conditions of the promotion, please login to the personal area from FBS’s official website.

FBS trade 100 bonus is available only for MT5 (metatrader5) platform. Thus you can’t login to the bonus account on MT4 (metatrader4) platforms.

When you login to FBS’s trade 100 bonus account, the account is specifies as a “demo” until you fulfill the volume requirement.

The available trading volume in FBS’s trade 100 bonus account is limited to the 0.01 lot, which equals to 1,000 units.

The leverage for the bonus account is set to 1:100 and cannot be changed.

The available withdrawal amount from the bonus account is $100. You cannot withdraw less or more amount.

Profit withdrawal from the bonus account is available only once.

The maximum number of positions you can have at the same time in the bonus account is 5.

In FBS’s trade 100 bonus account, you can trade only forex major currencies pairs. Any other financial instruments are unavailable for trading.

In FBS’s trade 100 bonus account, you cannot perform locking/hedging, expert advisors (EA) or ladder strategy (it is not allowed to open a new deal in the same direction within an hour after the closure of the previous deal).

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 review: is FBS A scam? No, but it’s not worth it!

If you’re interested in the stock market and foreign exchange as a way to make money online then you’ve probably come across FBS and maybe you’re interested in trying the platform out or still on the fence because you’re unsure if it’s legit or just another scam.

So I did a lot of research and this review is about what I found out about FBS. I suggest you read on to know more about what you’re about to get yourself into. After this review, you’ll be able to make a better judgment about whether to try FBS out or not.

By the end of this review you’ll know:

A background on FBS

How it works

What tools FBS offer

The pros and cons

If it’s A scam

And lots more

FBS review in A nutshell

Product description: international brokerage company

FBS is a forex company that operates in more than 190 countries. It claims to have 410,000 partners and 15,000,000 traders. FBS offers seminars and events that provide training materials and trading technologies. They claim to cater to both beginner and professional traders.

Overall, I’d say FBS is legit but there are a few some red flags you should know about.

Overall

Lots of tools

Cheap capital

No info on who runs it

Doesn't operate in large markets because of legal restrictions

User review

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What is FBS exactly?

FBS prides itself to be an award-winning international forex broker since 2009. FBS started in belize and later on expanded to cyprus then to other parts of the world.

Want more idea about what forex is? Here's a helpful explainer video:

One thing I can tell you is that award committees do not easily give out recognition without doing a lot of research. I must say, FBS passed the legitimacy test with flying colours here.

FBS is also regulated by european financial authorities making them a legitimate forex trading company. (I’ll give you more details about these licenses later on)

Although the claim to be partnering with FC barcelona adds to their credibility, the lack of information on who runs it doesn’t sit well with me. I mean come on, if I join a company, I’d like to know who’s behind it to make sure he’s not just another scammer and that what I’ve read are not just hyped-up claims that will fail to materialise.

Sick and tired of hyped-up claims?

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How does FBS work?

First, you make an account by clicking “open live account”. After entering your information, click the “open an account” button. A single mission password will then be emailed to you to verify.

Although FBS offers a total of 6 account types internationally, EU clients are only offered the standard account.

This tells me that the other account offers don’t go in line with EU financial regulations. So to avoid losing their license, they just offered that one account.

Here’s a list of the account types FBS offers:

Cent account – this is designed for tyro traders (beginners) who’d like to try their skills with live trading. This starts with a $1 opening balance.

Micro account – this is designed for traders who want to calculate their exact profit. This starts with a $5 opening balance.

Standard account – this is designed to be the regular account. This starts with a $100 opening balance, for EU clients thought the opening balance is €100.

Zero spread account – this is designed for fast speed traders.

ECN account – this is for traders who want to experience ECN technology.

To test the waters, FBS also offers a:

Demo account – this is designed to allow a trader to simulate the actual trading platforms minus the risks for free. This kind of account is filled with virtual funds of up to one million dollars.

In my opinion, they offer these various trading accounts to cater to the needs of different kinds of traders, so there’s an account for everyone and fewer reasons not to try it out.

FBS is an international company BUT is not available to traders in japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran. That’s a major red flag to me there. These countries have great market potential but FBS is not available for them.

Here’s what I think the reason is:

Japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran have tighter financial regulations and may have already seen this might create issues. The trouble could be in the system itself or in obtaining the necessary licenses.

Whatever the case, I think they are evading these countries for legal restrictions. And I know restrictions are made to prevent fraud.

FBS trading platforms

FBS uses MT4 and MT5, products of metaquotes software corporation, a company that specializes in developing trading systems.

MT4 was developed in 2004 and MT5, its updated version was developed in 2010. The 2 platforms basically look alike. The only difference is that because MT5 is more recent than MT4, so it offers more features.

Both these platforms can be accessed using windows and MAC computers.

How about for other gadgets?

This is also available as an app. That's a big thumbs up for FBS.

They also have an FBS copytrade platform; a social platform that allows traders to copy expert traders’ strategy for a commission. This will be really helpful for those who don’t know all the ins and outs of forex trading.

Other FBS tools

1. Personal area mobile app

It allows a trader to access his demo and real accounts, managing them all in one place. From this app, you can manage your personal profile and add or withdraw funds from those accounts.

Makes things more convenient, great to know!

2. Economic calendar

You can find this at the MT5 platform or on the FBS markets website. It shows the time and date of events that impact the forex market. You can then use this to make analyses and calculated forecasts.

3. Currency converter

This can help a trader who has a different currency from the trading instrument. You can then use this tool to convert currencies based on prevailing rates.

4. Trader’s calculator

This can help you estimate potential profits in a specific trade.

5. Forex news

The news is grouped into categories to help you check when the best time to trade is.

6. Forex TV

Allows you to access weekly marketing insights giving you a better picture of the trading status.

What I like about FBS

What I don’t like about FBS

No info on who runs it

It doesn't operate in large markets because of legal restrictions

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Is FBS A scam?

Although I’ve mentioned a few red flags, I’d still say FBS is legit and here’s why:

FBS market inc. Has the registration number: 119717

IFSC regulates it and gives it the authority to operate with the registration number: IFSC/60/230/TS/19

FBS.Eu is the european branch of the company. Trade stone ltd is its operator, an investment firm in limassol cyprus. Cysec regulates and gives it authority to operate with the registration number: 331/17

As a regulatory directive, FBS keeps the traders’ funds in a different bank account and claims that is it now used for company operations. The good thing with this is even if a broker becomes bankrupt, trader’s investments are safe.

EU clients are protected by the ICF. This means that if FBS collapses, investors can receive up to €20,000 as compensation.

As protection against fraudsters, FBS implemented standard digital security which involves encrypting its website and platforms with SSL.

When a company goes the extra mile to obtain these licenses and security measures, I’d say they’re legit, because if they were not, they’d be behind bars in an instant.

Other than that, they’ve been operating for 11 years, I’d say that much history won’t be possible if they were just scams.

But here’s the thing: even if I believe that they’re legit, I’d still not recommend it to you. Legitimacy doesn’t erase the inherent risk that comes with forex.

The bottom line

Overall I’m pretty impressed with FBS's platforms and history. Plus I put them in the legit list because of the licenses they obtained.

But like what I’ve said earlier, I still won’t recommend it to you.

If I’d give you a bit of advice on how to make money online the legit way, I’d avoid anything that comes with a lot of risk like forex.

As always with these programs, there's a lot of hype around how much you can make, but they don’t say anything about how much you could lose.

The risk warning down at the bottom of the website is just another way of saying there’s no guarantee you can earn from this.

Remember, forex’s last name is risk. Forisk.

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It’s legit minus the risk forisk comes with. (I’m getting used to that word now!)

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Is FBS a scam?

What is the FBS and how it works?

Can you make money with this platform?

We know that there are many trading platforms the promises you to make money, but many of them are just scams and ponzi schemes

In this FBS review, we are going to cover what is the price to join, what is the compensation plan, what kind of products they have, and whether people making money.

Let’s get right into that.

Disclaimer
please note, I am not a member or an affiliate for FBS. This review is based on research and information available online in the public domain.
Any recommendation and conclusions are only opinions and may not apply to all persons or situations.

Overview

Name: FBS
website: www.Fbs.Com (or FBS.Eu for EU market)
price to join: $1 to $1,000
recommended: not really. Still, it is an MLM company.
I recommend affiliate marketing. Check the pros and cons of both business models (affiliate marketing vs. MLM).

FBS summary

FBS is an international online broker that offers to trade in forex. This is supposed to be a friendly platform for beginners and advanced traders as well.

However, there is no information about who runs this company.

This company is regulated in the EU by the cyprus securities and exchange commission and by the international financial service of belize.

However, FBS is banned in big trading markets, like the USA, canada, or japan.
The service they offer seems legit, so it is not quite clear why they do not operate in those big markets.

The good thing about the FBS is that the minimum deposit can be $1 (depending on the specific account).

From first sight, it is not quite clear whether FBS is a scam or not, although I would recommend searching for more legitimate platforms.
The reason being is that there are some issues (red flags if you will) with the FBS.

For example, there are a lot of people complaining about the withdrawal process, and also that FBS support is not responding.

My recommendation is – not to get involved with the FBS.

There are many legal ways how to generate consistent income.

I personally prefer affiliate marketing, where I run one website that generates me 4 digits online.
Here is a link to the method I have been using since 2017.

What is FBS?

FBS is an investment company that helps you to generate profit by marketing their services and products. The company was founded in 2009.
According to their privacy policy, this company is regulated by the cyprus securities and exchange commission.

Cyprus is a well-known country due to the fact that a lot of scammy companies have their headquarters there. Now does it mean right away, that FBS is a scam?

No, at least not at this point.

FBS is basically a forex trading company offering services. They also offer education products for forex trades.

The company claims to have more than 15 million active traders in more than 190 countries.
Based on the number of monthly visits the site FBS.Com gets, it is probably about right.
(the site FBS gets more than 2M visits per month).

We are going to find out that people from certain countries (like the US or UK) can’t register with the FBS.
This to me is a red flag.

A person who is allowed to register (the list of countries below) can earn money once opens one of the accounts (we will get there in more details in a bit).
There are 2 ways how o make money:

The first way is to through investing and trading

The second way is to promote FBS and make commissions

One must be careful when it comes to investing; there are many companies that are literally pyramid schemes, or ponzi schemes (just like beurax or petronpay).

I am sure you know that FBS works as a multi-level marketing company.
You will be paid according to the number of people below you. In fancier words, when you build your team.

Of course, this recruiting part is optional but make no mistake.
The only real money is in recruiting.

So let’s dig a bit deeper.

Who runs the FBS?

It is not clear who the owner is.

I find this as a red flag since most legitimate companies reveal who the CEO or founder is.
Unfortunately, it is not the case with the FBS.

What I also find disturbing is a fact that this company reveals a number of shell companies operating from:

FBS inc. In the marshall islands

HDC technologies ltd in cyprus

FBS markets inc. In belize

Nevertheless, they have their own youtube channel and the person that walks you through webinars is elizabeth belugine.
According to her FB profile, she is from st. Petersburg, russia.

Most likely she is not the founder and only works for FBS.

For example here is a video where she explains, what are the advantages of the forex market?

There are also a lot of videos including webinars that have about 1 hour (or more).
I am sure there is a lot to learn.

Who is it for?

FBS seems like a good platform for both beginners and advanced traders.

As mentioned above, there are certain countries where their service is not available.
Let’s take a look at the countries that are banned from using their services

Canada

Japan

Brazil

Israel

Myanmar

Iran

Why?
Could it be that these countries have strict regulations against scammy companies?

Here is the list of countries where 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.

Is FBS a pyramid scheme?

It is important to distinguish between regular MLM and a pyramid scheme.

The fact is that every MLM company has routes in a pyramid scheme.
To make it legitimate, a company must offer retail products.

The distributor or IBO’s (independent business owner) should be able to earn solely from selling these products – whether it is a tangible product (like in the mary kay or amway case) or it could be course or service.

By now we know that FBS offers services, so it can’t be called a pyramid scheme.

But if you want to know how to post a pyramid scheme here is a short video:

How to register with FBS?

You can open an account assuming you are not from the banned country.

Just enter your email and then you will have your account information assigned.

Before you can make a deposit, you are required to fill out the survey.

It concerns your personal data like

Date of birth

Citizenship

Your address

Phone number

And other questions that I personally find annoying.

Are you a politically exposed person

How many times did you trade over the past year?

What is your employment status and your “sphere”

What is your source of income and your net annual income?

Then based on the results you get the retail status with a recommended deposit you can trade.

After that just select the way how you want to make the deposit.

What products (accounts) does FBS offer?

These are not exactly products, but rather accounts you can open.

Standart – this is for experienced market players. The initial deposit is $100.

Cent – this is for beginners, people who are just starting to learn about forex and that is why the initial deposit is $1 only.

Micro – fits the best for those who like math and can calculate their profit. The minimum deposit is $5

Zerospread – this is for those who like trading fast. The minimum deposit – $500.

ECN – and finally, this account is the best for those who are confident and want to trade with the ECN technologies. The minimum deposit is $1,000.

So depending on your experience you can start with $1 or $1,000.

You have both (MT4 and MT5 )metatrader platform available also as mobile apps.

These apps allow trading on financial markets via android and ios.
You can also monitor your account status, buy and sell financial instruments, or track the history of trades.

Compensation plan

Most MLM companies have a pretty tricky compensation plan. In many cases, you have to through 20 to 40 pages, and it is still not clear what the deal is.

FBS offers a pretty simple compensation plan.
They use a 3 level system (uni-level) that looks like this:

The trading commission is paid down to 3 levels:

Level 1 – you get 100% on the trading activity of your affiliate (or trader)

Level 2 – 15%

Level 3 – 5%

Is FBS a scam?

FBS is not an outright scam.

People who are just getting started, earn money
but the problem seems to be with support and communication when it comes to withdrawal.

Also due to the MLM structure, I am afraid that most people will not make enough to pay the bills.

Don’t get me wrong. There is certainly a great opportunity to make money with forex.

But I would be careful joining shady companies with unclear ownership and yet operating from a scammy friendly country.

My advice – if you want to learn how to make money with forex, do more research and find a legitimate company with a history that does not ban certain countries.

Please note, that whenever there is an MLM structure involved, it always works as the following:

Before we wrap up…

A long time ago I was involved with one MLM company, and it did not work out.

I went through a lot of jobs and eventually I have learned something about online marketing.

Long story short, now I know how to create a website that drives free traffic, and most importantly, this website earns me 4 figures.

There are plenty of ways on how to make money; I personally think that being in online marketing is the best way to go.
To be more specific I earn money with affiliate marketing.

At the bottom of the post, there is a link that directs to my #1 recommended platform.
It concerns one specific educational platform that teaches how to create a website that generates income.
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What I like about FBS

The compensation plan that is simple and easy to comprehend

Long established company (based in 2009)

MT4 and MT5 integration

What I don’t like about FBS

Not available in big trading markets

No information about who runs the company (who is the founder or CEO?)

They have linked shell companies operating out of belize and marshall islands

Conclusion

It does not seem that this is a scam.

Unlike many other forex trading systems, FBS wants their clients to know, that forex trading is very risky and you should use money that you can lose.

However, there is still a number of major red flags that are disturbing.
I personally don’t recommend it.

Remember that, when it comes to investment, keep in mind the following rule:

Don’t invest more than you can afford to lose

I would be glad if you can share your personal opinion about FBS. Please use the comment section below, I am sure your opinion will appreciate it by other readers.

Also, in case you have questions don’t hesitate to ask.
I will do my best to provide you with feedback within 24 hours.

Thank you for reading,
mike

How to get started with affiliate marketing?

I have been a member of wealthy affiliate since late 2017 without a prior marketing experience.
Beginning of 2018 I have learned how to build a website that drives traffic and makes sales.

Since the summer of 2019, I am a full-time internet marketer and I work from anywhere I want, whenever I want.
Training within wealthy affiliate teaches how to generate a consistent income in the long run.

So, let's see, what we have: FBS is the best FX broker for online trading. It is simple and convenient to make a profit with FBS. It offers reliable services for earning on forex trading. At fbs register