Fbs com review
Regarding the card deposits, please, kindly be informed that FBS uses a mediator company's services to transfer funds from clients' credit and debit cards to the company.
My list of forex bonuses
It means that the system operates as a third party in the process and they reserve the right to decline some of our clients' transactions in individual cases. Nothing bad to say about FBS. The only thing that could make this broker better is sending the notifications about the coming webinars via personal area.
FBS reviews
163 • average
Write a review
Write a review
Reviews 163
Would not recommend this broker
Cannot recommend this broker. They have fake promotions to attract potential customers, but for me it was the opposit - i did not join. I did the TRADE 100 BONUS —the conditions are so wired that probably only 1% of potential customers can get this bonus, so it's only for publicity and advertisement. You only get 4 pairs to trade and you have to trade 1 lot with a maximum of 0.01 per trade and not more than 6 open at a time and there must be more than 1 h between trades and not in opposite direction! FBS please stop this scam! Such behaviour of a regulated broker is not trustworthy.
I don’t like giving reviews to…
I don’t like giving reviews to anything. But this is the exception because I really enjoy trading with FBS. I have had a big profit two week, and brought a present to my mum. It feels so good when you can afford an expensive bag that she dreamed of. This is a good way to profit.
I am satisfied with FBS
I am satisfied with FBS. For me, 5 is too high for any company. So let it be 4 – good motivation to work the same way further!
I was trying to search for some cons
I was trying to search for some cons, but I failed… everything is amazing!
This is a good broker
This is a good broker! I like their support team. A manager whom I contacted helped me to resolve the issue that I had with depositing so quickly. That was my fault, I should have be more attentive, but that woman was so nice – she explained everything, and I deposited straight away. Thanks, FBS!
FBS is a good company
FBS is a good company. I’ve just joined downloaded copytrade and waiting for the trader I follow to profit big!!
I am completely okay with FBS
I am completely okay with FBS. The only thing is that I want them to create a telegram-channel in my language! I like to receive market news via social media. Apart from that, everything is cool.
I found FBS through social media
I found FBS through social media! My friend reposted the funny fact about forex, and I got to their telegram channel. The social media and learning materials are cool. I opened an account following the recommendation of that friend. I trade for three weeks, but I enjoy really enjoy it already!
FBS launches amaaazing promotions
FBS launches amaaazing promotions! I was so excited by their charity promo trade to help!! This is so awesome that they care for people in need. Good job, FBS! Keep helping the world.
I like copytrade app
I like copytrade app! It’s a good way to profit. FBS trader seems to be like metatrader, but it’s also more convenient for me.
With cent account
With cent account, you can deposit $1 dollar only to start. Hahaha I spend more on coffee…. So I opened it and used trade 100 bonus! This is how it all began. Now, I keep improving my skills. Also with FBS, especially its cool forex guidebook on their website!
As for me
As for me, FBS webinars are the most useful online-classes on trading that I have ever attended. So comprehensive! Highly recommended!
Nothing bad to say about FBS
Nothing bad to say about FBS. The only thing that could make this broker better is sending the notifications about the coming webinars via personal area.
Good broker
Good broker. Cool services, multiple accounts to choose from. I have a demo one – this is the best option as I am new to the market. But now I am learning quickly with video lessons. Will see what happens when I open a standard account.
I don’t see any disadvantages but there…
I don’t see any disadvantages but there is no dutch language so far. Waiting!!
Excellent broker company
Excellent broker company! Everything is of a top quality – conditions, a variety of accounts, support team’s work, and cool apps. I haven’t seen something like this before (I have 5 years of experience in trading). So, like it a lot!
I enjoy trading with FBS a lot
I enjoy trading with FBS a lot. It’s a broker with great reputation. I don’t know what the negative reviews are coming from/ if you don’t know how to trade and don’t want to learn – don’t blame a good company! I am completely satisfied with their services. Thanks for your work, FBS!
Not recommended to people living in japan
I have tried xm, geoforex and fbs.
Out of all these 3, fbs has been the worst. I live in japan and I tried depositing with three different VISA cards but all of them were rejected. They kept telling me to find other ways to deposit so I used bitcoin on which I lost money due to their 2% commision and change in btc price.
My biggest complain is that the trades take too long to execute compared to XM and geoforex regarless of the order type.
Based on my experience, I wouldn't recommend anyone living in japan to use this broker. Rather go for XM or geoforex. They have much more deposit methods and the orders are instantly executed with almost no delay.
We are sorry to hear that you were not satisfied with your experience with FBS. We would like to assure you that we are always working on the refinement of our services and take into account any feedback.
Regarding the card deposits, please, kindly be informed that FBS uses a mediator company's services to transfer funds from clients' credit and debit cards to the company.
It means that the system operates as a third party in the process and they reserve the right to decline some of our clients' transactions in individual cases.
This is the list of the most frequent reasons why debit/credit cards deposits could be declined:
1. The card doesn't have the client's name on it.
2. The card was issued in one country while the client is trying to deposit from another country. A card can be used only in the country where it was issued.
3. The card doesn't belong to the client.
4. Name on the card is different from the client's name in the FBS account (if a client states not a full name in the FBS personal area, this error might happen).
5. The payment system has detected some fraudulent activity.
It seems your case was one of those when the payment system declines payment due to their internal reasons. Unfortunately, payment systems do not provide us with the exact reason why it happens.
Regarding the bitcoin payment, we would like to draw your attention that all the deposit or withdrawal commissions are always determined by the payment system and not by FBS.
We apologize for the inconvenience and want to inform you that we are constantly searching for new payment options. In case you would like to see some payment option on our site, we would highly appreciate if you write your suggestion to our email address support@fbs.Com.
As for the time of execution, please, take into consideration that there are many factors that can affect the execution quality of your orders such as internet connection, geographic situation, market liquidity, order queue, and the specification of your trading device.
We totally understand your need for faster execution and would like to assure you that FBS does its best to provide our clients with the fastest execution: we acquire new data centers and choose only the best ones and keep close tabs on the servers load.
Here are the recommendations for faster execution: try our ECN account for the fastest execution, try to operate using our VPS server, try to rescan the servers, try other internet providers. These arrangements should lessen the execution time.
FBS reviews
163 • average
Write a review
Write a review
Reviews 163
WORST platform ever seen
WORST platform ever seen. Each deposit (20,30 40) we have we have to withdraw separately like withdraw 20,30 and 40 like that. And each withdraw they charge 1.2$.Once you withdrew your all deposited amount we cant withdraw to out debit card. We have to with draw to online app like SKRILL or NETTELLAR. Worst guys ever seen, ok if you ready to withdaw to e-wallet NETTELLAR will charge 2% and FBS will charge 1.2$. I really fedup with FBS . I NEVER RECOMMEND this platform.
In order for the FBS futures brokerage…
In order for the FBS futures brokerage service from abroad to continue operating officially in indonesia and avoid blocking websites and applications by the investment alert task force in indonesia or "satuan tugas waspada investasi" (indonesian), FBS needs to register an official license with bappebti and OJK to be officially registered by the republican financial supervisory agency, indonesia, and must cooperate with "PT. Telekomunikasi indonesia (persero) tbk" or "telkom indonesia" from jakarta, indonesia, so they can carry out forex trading activities easily and smoothly, so the name of the forex company FBS from telkom is "PT. Teledana indonesia berjangka" or real name is "FBS forex indonesia"
I'm with FBS from 2013/2014
I'm with FBS from 2013/2014. I can say best about it.
Earlier mean before 2018 whenever I got any problem with it their customer agent were solving it like it's their own problem.
But now .
Withdrawal : I have done withdrawal of money from 5 days. Still I haven't got my money. I did another withdrawal request it's been 9 hours but it's still in pending where FBS says it takes only 15-20 min for withdrawal. So it's waste.
Customer service : it's worst than ever. Their people like roman answering like they are robot. Every time I feel like I'm talking with an robot. Same answers for some issues. They don't understand that every issue is different. So I mailed them but still no response it's been several hours. And main thing.. Every agent will give you different different solutions which isn't helpful. For an example if you'll come to live chat 3 times for answer of 2 multiply by 2. Then you'll get 3 different answers. Which is big trouble for me.
Mostly i trade gold ,,recently FBS has…
Mostly i trade gold ,,recently FBS has increased the spread on gold in a crazy way, today i saw it reached 80 pips so what i have done i removed my FBS MT4 platform from my desktop ..Good luck
Good trading platform but some minor issues
Excellent. I made my first withdrawal from my trading account last week and got it today. The only issue is that their FBS laptop MT5 server is slow. I can't login up till now. I am using my ipad terminal. I prefer the laptop terminal because it helps me trade with algo because I don't have time trading on my own. I don't think I will prefer another option like the FBS copy trading. I personally prefer algo trading than FBS copy trading. Leverage is adjustable from 1:100 to 1:3000. The choice is yours. Thanks FBS but they should please work on the laptop FBS MT5 server. It is really giving me a second thought. I have complained about it to the customer service and they were very responsive in attending to customers. I am still experiencing difficulty logging into the FBS laptop MT5 server. I will keep readers updated.
This is a scam website, please do not involve.
I feel pissed off with this copy trade website due to their scamming scheme. Below is my experience:
1. On saturday 26th december 2020 I topped up my account with 3.875,96 USD
2. I started copying some traders in the CT platform. I checked that they only trade with currencies, not cryptos. So in the weekend, the trades should be closed or pending. But when I started copying, the account immediately started with minus profit.
3. Realizing abnormalities, I stopped all investment with loss of 125$ right within the weekend and contacted support center. Below is their email response:
"
dear nguyen quoc huy!
Thank you for contacting us!
Let us remind you that the market is closed during weekends which means that there are no prices and consequently trader is not trading.
However, you still can start copying. And in this case the system automatically calculates investor’s pnl according to the last price available on friday.
And at the moment of order opening the spread is deducted just as usual. But since there’s no further quotes the pnl freezes till the market opening on monday.
On monday the trading continues and pnl will update.
Please, feel free to contact us if you have any further questions.
We wish you lucky trading!"
So you can see their scamming scheme, I stopped all in the weekend that mean no loss to them at all, but I still got - profit. They do not show current pnl status of traders neither providing current positions of traders, we just see the statistics which is beautiful . They can make up any trader with nice statistic and attract you to join before draining down your capital with a sudden loss from nowhere.
Be smart when investing. Contact me if you need full conversation with them. Don't trust their advertisement.
FBS reviews
163 • average
Write a review
Write a review
Reviews 163
Would not recommend this broker
Cannot recommend this broker. They have fake promotions to attract potential customers, but for me it was the opposit - i did not join. I did the TRADE 100 BONUS —the conditions are so wired that probably only 1% of potential customers can get this bonus, so it's only for publicity and advertisement. You only get 4 pairs to trade and you have to trade 1 lot with a maximum of 0.01 per trade and not more than 6 open at a time and there must be more than 1 h between trades and not in opposite direction! FBS please stop this scam! Such behaviour of a regulated broker is not trustworthy.
I don’t like giving reviews to…
I don’t like giving reviews to anything. But this is the exception because I really enjoy trading with FBS. I have had a big profit two week, and brought a present to my mum. It feels so good when you can afford an expensive bag that she dreamed of. This is a good way to profit.
I am satisfied with FBS
I am satisfied with FBS. For me, 5 is too high for any company. So let it be 4 – good motivation to work the same way further!
I was trying to search for some cons
I was trying to search for some cons, but I failed… everything is amazing!
This is a good broker
This is a good broker! I like their support team. A manager whom I contacted helped me to resolve the issue that I had with depositing so quickly. That was my fault, I should have be more attentive, but that woman was so nice – she explained everything, and I deposited straight away. Thanks, FBS!
FBS is a good company
FBS is a good company. I’ve just joined downloaded copytrade and waiting for the trader I follow to profit big!!
I am completely okay with FBS
I am completely okay with FBS. The only thing is that I want them to create a telegram-channel in my language! I like to receive market news via social media. Apart from that, everything is cool.
I found FBS through social media
I found FBS through social media! My friend reposted the funny fact about forex, and I got to their telegram channel. The social media and learning materials are cool. I opened an account following the recommendation of that friend. I trade for three weeks, but I enjoy really enjoy it already!
FBS launches amaaazing promotions
FBS launches amaaazing promotions! I was so excited by their charity promo trade to help!! This is so awesome that they care for people in need. Good job, FBS! Keep helping the world.
I like copytrade app
I like copytrade app! It’s a good way to profit. FBS trader seems to be like metatrader, but it’s also more convenient for me.
With cent account
With cent account, you can deposit $1 dollar only to start. Hahaha I spend more on coffee…. So I opened it and used trade 100 bonus! This is how it all began. Now, I keep improving my skills. Also with FBS, especially its cool forex guidebook on their website!
As for me
As for me, FBS webinars are the most useful online-classes on trading that I have ever attended. So comprehensive! Highly recommended!
Nothing bad to say about FBS
Nothing bad to say about FBS. The only thing that could make this broker better is sending the notifications about the coming webinars via personal area.
Good broker
Good broker. Cool services, multiple accounts to choose from. I have a demo one – this is the best option as I am new to the market. But now I am learning quickly with video lessons. Will see what happens when I open a standard account.
I don’t see any disadvantages but there…
I don’t see any disadvantages but there is no dutch language so far. Waiting!!
Excellent broker company
Excellent broker company! Everything is of a top quality – conditions, a variety of accounts, support team’s work, and cool apps. I haven’t seen something like this before (I have 5 years of experience in trading). So, like it a lot!
I enjoy trading with FBS a lot
I enjoy trading with FBS a lot. It’s a broker with great reputation. I don’t know what the negative reviews are coming from/ if you don’t know how to trade and don’t want to learn – don’t blame a good company! I am completely satisfied with their services. Thanks for your work, FBS!
Not recommended to people living in japan
I have tried xm, geoforex and fbs.
Out of all these 3, fbs has been the worst. I live in japan and I tried depositing with three different VISA cards but all of them were rejected. They kept telling me to find other ways to deposit so I used bitcoin on which I lost money due to their 2% commision and change in btc price.
My biggest complain is that the trades take too long to execute compared to XM and geoforex regarless of the order type.
Based on my experience, I wouldn't recommend anyone living in japan to use this broker. Rather go for XM or geoforex. They have much more deposit methods and the orders are instantly executed with almost no delay.
We are sorry to hear that you were not satisfied with your experience with FBS. We would like to assure you that we are always working on the refinement of our services and take into account any feedback.
Regarding the card deposits, please, kindly be informed that FBS uses a mediator company's services to transfer funds from clients' credit and debit cards to the company.
It means that the system operates as a third party in the process and they reserve the right to decline some of our clients' transactions in individual cases.
This is the list of the most frequent reasons why debit/credit cards deposits could be declined:
1. The card doesn't have the client's name on it.
2. The card was issued in one country while the client is trying to deposit from another country. A card can be used only in the country where it was issued.
3. The card doesn't belong to the client.
4. Name on the card is different from the client's name in the FBS account (if a client states not a full name in the FBS personal area, this error might happen).
5. The payment system has detected some fraudulent activity.
It seems your case was one of those when the payment system declines payment due to their internal reasons. Unfortunately, payment systems do not provide us with the exact reason why it happens.
Regarding the bitcoin payment, we would like to draw your attention that all the deposit or withdrawal commissions are always determined by the payment system and not by FBS.
We apologize for the inconvenience and want to inform you that we are constantly searching for new payment options. In case you would like to see some payment option on our site, we would highly appreciate if you write your suggestion to our email address support@fbs.Com.
As for the time of execution, please, take into consideration that there are many factors that can affect the execution quality of your orders such as internet connection, geographic situation, market liquidity, order queue, and the specification of your trading device.
We totally understand your need for faster execution and would like to assure you that FBS does its best to provide our clients with the fastest execution: we acquire new data centers and choose only the best ones and keep close tabs on the servers load.
Here are the recommendations for faster execution: try our ECN account for the fastest execution, try to operate using our VPS server, try to rescan the servers, try other internet providers. These arrangements should lessen the execution time.
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.
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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.
A wayyyy better opportunity to make money online is through affiliate marketing.
It’s legit minus the risk forisk comes with. (I’m getting used to that word now!)
With affiliate marketing, you can start from scratch and learn from their training platforms. Not just that, affiliate experts will offer to coach you when needed.
Affiliate marketing also equips you with the tools to build a solid and legit business.
And you can test the waters out for free. If you want to know more about affiliate marketing, check out this link.
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FBS review
FBS is a regulated brokerage offering online trading on a limited amount of forex and cfds via the MT4/MT5 trading platforms. They also provide a range of trading tools, market analysis and educational materials.
FBS review, pros & cons
- Only $1 is required to commence live trading
- Copytrade which is a social trading platform
- Multiple account types to suit every trader
- No service to clients from USA, UK, japan, israel, canada and other countries
- Limited tradable assets; less than 90
- Very high spreads on cent accounts
- Limited trading platforms & tools
In this detailed FBS review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
FBS is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including FBS.
FBS review: summary
FBS is a global online forex and CFD broker that has been in operation for over a decade and has become very popular amongst online traders. FBS inc. Began operations in 2009 and has grown in strength, size and capital. Today, the broker has offices and partners from all parts of the world. The website is translated in over 17 languages.
The broker claims that every day, thousands of new online trading accounts are opened. These accounts belong to both traders and new partners. FBS boasts of millions of clients from over 190 countries across the world.
FBS provides access for traders to buy and sell over 75 trading instruments. The platforms available are the popular MT4 and MT5 trading platforms. The broker uses ECN and STP brokerage model which means that they do not trade against the trader or take the opposite position as a market maker broker would. The brand offers spreads starting from 0 pips along with ECN technology for pricing and executions.
Over the years, FBS has won industry standard awards for its online brokerage services. These awards are in different areas such as trader education, trading accounts and copy trading. Additionally, FBS has won the overall ‘best broker award’ in various jurisdictions.
FBS review: online broker awards
FBS review: regulation
The european arm of the brokerage (www.Fbs.Eu) is owned and operated by ‘tradestone ltd’ which is a financial investment services firm based in cyprus. Tradestone ltd is regulated by the cyprus security and exchange commission (cysec). The registration number is 331/17.
The global website (www.Fbs.Com) is operated by FBS markets inc. Which is regulated by the international financial services commission (IFSC) in belize. The license number is IFSC/60/230/TS/18.
The european clients are given some form of insurance by the investors’ compensation fund (ICF). If for any reason the broker becomes bankrupt, the ICF can compensate traders up to a maximum amount of €20,000.
All clients are fully verified using the ‘proof of id’ and ‘proof of address’ method. The broker also adheres to the anti money laundering (AML) policy.
Industry standard secured socket layer (SSL) has been implemented across all platforms and websites. This is to deter hackers and cyber criminals.
FBS review: countries
FBS does not allow clients from the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran. Some FBS broker features and products mentioned within this FBS review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.
FBS review: trading platforms
MT4 & MT5
These are the metatrader platforms made available to FBS clients. These two platforms are the products of metaquotes software corporation which is a firm specialised in developing trading softwares. They came up with the MT4 in 2005 and later in 2010; they developed its updated version known as the MT5. Basically, the two platforms look alike in appearance and have very similar features. The only difference is that the MT5, being the newer version, has more features and even expanded the features already existing in the MT4. Both platforms are available as desktop applications for windows and MAC computers. They are also available as webtrader and as mobile apps. The webtrader version can be accessed from the FBS website on a web browser. It requires no downloads or installations. The MT4 and MT5 apps can be downloaded from the android and ios app stores. The apps are easy to use and have most of the features of the desktop application.
Here are a few of the features of the metatrader platforms:
- Customisable interface, windows, lists and overall appearance.
- The market watch and charts display the live ‘bid and ask’ price of every instrument.
- Three chart styles which includes bar chart, candlestick and line charts.
- MT4 has 9 timeframes while the MT5 has 21 timeframes.
- MT4 has 30 inbuilt indicators while the MT5 has 38.
- Supports the automation of strategies using expert advisors (eas).
- Access the metatrader market where you can buy trading tools like signals, indicators, eas, etc.
FBS review: trading platforms
MT4 multiterminal
This is the version of the MT4 trading platform designed for account managers. The MT4 multiterminal is capable of managing different trader accounts from a single manager account. The manager can place trades in multiple accounts with a single click.
FBS trader
This is the mobile trading platform from FBS for trading on the go. The app is designed for ios and android devices and can be downloaded from their respective app stores. It has a simple interface and is user friendly. It integrates with the metatrader platforms and can also be used to fund and withdraw from trading accounts. With the app, live quotes, charts and statistics can be accessed. Trade positions can easily be entered, modified or closed from the app.
FBS copytrade platform
FBS copytrade is a social trading platform where investors replicate the trades of other expert traders who wish to share their strategies. The investor can copy traders whilst the expert trader receives a commission. The copytrade platform ranks the expert traders according to their success. Investors can then profile their statistics and make a choice. The minimum investment amount is $100. Copytrade is only available via its mobile app which is developed for ios and android devices. With the app, you can customise your favourite traders, start and stop copying a trader in one click and also chat with the support team. It should be noted that past performance is by no means any guarantee of future performance.
FBS review: copytrade app
FBS review: trading tools
FBS personal area mobile app
This is an android app designed by FBS in order to access the FBS personal area. With this app, you can create both demo and real accounts and manage all of them. From the app, you can manage your personal profile, fund and withdraw from your trading accounts and also view the accounts history. Account verification can be done from the app. Customer support is also accessible from the app.
FBS review: personal area mobile app
Virtual private server (VPS)
A virtual private server (VPS) can run your trading platform remotely 24/7 offering reduced latency, consistent internet connection and overall reliability. Traders who use complicated trading systems and automated trading systems (eas) often insist on using VPS to solve the problem of fast connection round the clock. With a VPS, you do not need to keep the trading platform running on your computer as it runs remotely. FBS allows clients to set up a free VPS server. However, the client must be an active trader with a minimum balance of $450.
FBS review: virtual private server (VPS)
Economic calendar
This is an important tool for fundamental analysis. This calendar is on the FBS markets website and on the MT5 trading platform. It shows the date and time at which an event is to take place. These events are most likely to have an impact on the forex/CFD market. Analysts’ forecasts and history of past releases are shown on the calendar. The calendar can be searched using filters on the right hand side.
FBS review: economic calendar
Currency converter
This is used to convert one currency to another using the prevailing exchange rates. This is useful for traders who have a different currency from that of the trading instrument. It is also useful for traders whose account currency is different from their local currency.
Trader’s calculator
This is a very useful tool used to calculate estimated potential profits from a trade. You are to choose the account type, trading instrument, currency, leverage and prices. The trader’s calculator gives you the estimated profit for the trade based on your inputs.
FBS review: trader’s calculator
Forex news
The news is updated every business day. It is grouped under the asset classes of commodities, currencies, stocks and economy.
Daily market analysis
This analysis is presented by FBS analysts. This section of the website looks at selected trading instruments and uses technical and fundamental analyses to make predictions. Trading ideas are given to traders to either buy or sell. Sometimes even ‘take profit’ and ‘stop loss’ prices are given. There is no guarantee on the quality of the analysis offered due to the unpredictable nature of trading.
Forex TV
This is made up of videos on daily and weekly market insights. There are also videos on daily trading plans and video recordings of past webinars.
FBS review: education
Forex guidebook is the ultimate introduction to the world of forex trading. It is arranged in order for beginners, elementary, intermediate and experienced traders. The guide consists of articles, pictures and clear illustrations.
A library of the recommended forex books is listed on the website. This is to encourage beginners to buy some of these books and read. Most of the books can be bought from amazon and the link to buy is provided. There are over 100 books to choose from.
Webinars and seminars are announced from time to time. Webinars are more frequent as it comes up almost every week. Seminars are periodically held in different cities.
Also, there are video lessons on metatrader, FBS services and general forex trading.
FBS review: trading instruments
FBS offer 28 forex pairs which includes the major and the minor currency pairs. Also there are 9 exotic pairs, 5 metal assets, 3 cfds and 33 US stocks.
FBS review: trading accounts & fees
The following online broker account types are available:
- Cent account: this minimum opening balance is $1 and the floating spread starts from 1 pip. The trading fee is incorporated into the spread. The maximum leverage is 1:1000. For european clients, the opening balance is €10 and the spread is 1:30.
- Micro account: the amount required to open this account is $5. The spread is fixed and it starts from 3 pips. The maximum leverage is 1: 3000.
- Standard account: this is the entry level account for a trader. The minimum account opening balance is $100. The variable spread starts from 0.5 pips and the maximum leverage is 1:3000. For european clients, the opening balance is €100 and the maximum spread is 1:30.
- Zero spread account: the opening balance is $500 and the spread is fixed at 0 pips. Commissions are charged at $20 per lot. The maximum leverage is 1:3000.
- ECN account: this is the premium account offered by FBS. The floating spread starts from 1 pip and a commission of $6 is charged. The maximum leverage is 1:500 and the minimum opening balance is $1000.
FBS review: account types
Commissions are only charged on the ‘zero spread’ and ECN accounts. Only the standard and cent accounts are available to european clients. The maximum leverage is 1:30 due to ESMA regulations.
Demo accounts are available for all account types. Islamic accounts are available on request. Islamic accounts do not incur rollover charges.
As broker fees can vary and change, there may be additional fees that are not listed in this FBS review. It is imperative to ensure that you check and understand all of the latest information on the official FBS website before opening a brokerage account.
FBS review: customer service
FBS proudly asserts that its customer support desk is always available 24/7. The support team is multilingual and can be reached via phone, email, fax and ‘call back’ form. The call back form is used to schedule a call from the support team at your convenience.
For instant chats, they can be reached on web chat, viber, facebook messenger and telegram. On social media, they are on facebook, instagram, twitter and youtube.
FBS review: deposit & withdrawal
FBS offers multiple payment options. The broker only accepts online payments and card payments. Withdrawal requests are processed within 48 hours. All clients must be verified before withdrawal requests are approved. Here are the account payment options:
- Credit/debit cards: the acceptable cards are visa and mastercard. The deposits are processed instantly. No commissions are charged because FBS covers the charges.
- Electronic payments: the electronic payments accepted are perfect money, skrill, neteller and sticpay. FBS covers most of the commissions except for sticpay which is charged 2.5% + $0.3.
- Bitwallet: this is allowed only in JPY. No commissions are charged and the payments are instantly processed.
- Local exchangers: FBS allows for local exchanges in several jurisdictions. This is achieved because of the numerous partnerships across the globe.
FBS review: payment options
Accounts can be opened in EUR, USD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
FBS review: account opening
To register for a new account, click on ‘open account’ found on the topmost right hand side of the website. Fill your email address and name in the form that displays.
FBS review: online broker account form
Then, click on ‘register as trader’. If you already have a facebook or google account, you can simply click on the icons to allow FBS to receive your profile information from these websites.
You are issued a temporary password but advised to change it. Choose a new password and click ‘change’. An email confirmation is sent to the entered email address. Confirm your email address by clicking on a link in the email. You will be directed to the FBS website and personal area where you can create more accounts, make a deposit and commence trading.
FBS review: conclusion
FBS is an established online trading broker that has been built with a desire to accommodate all levels of traders as well as trading styles. It is a regulated brand that has implemented all the necessary security procedures that are standard in the online brokerage industry.
The beginner is fully supported with unlimited demo accounts and a selection of comprehensive training resources. With as little as $1, live trading can commence on the provided platforms. Spreads start from 0 pips and with ECN technology, trades are executed in seconds with minimal slippage.
The FBS copytrade, analytics and trading tools are also commendable. They have won multiple awards and serve millions of traders across the globe. Despite that, there are other online brokers who offer much more trading instruments and more favourable fees overall.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.76.2% of retail accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Min $1 deposit
FBS is a regulated brokerage offering online trading on a limited amount of forex & cfds via the MT4/MT5 trading platforms. They also provide a range of trading tools, market analysis & educational materials.
FBS review
Overview
The company FBS was founded in 2009 and today it’s among the most popular brokers of the world. The company has managed to become the favorite currency trading solution for many traders around the globe.
Details
broker | FBS |
---|---|
website URL | www.Fbs.Com |
founded | 2009 |
headquarters | russia, st. Petersburg, ul. Professor popov, 37 |
support number | 8-800-555-444-2 |
support types | chat, phone, call back, email |
languages | english, japanese, turkish, portuguese, korean, german, etc. |
Trading platform | metatrader 4, metatrader 5, webtrader |
minimum 1st deposit | $1 |
bonus | bonus for the first deposit 100% |
leverage | 1:3000 |
spread | from 0 points |
free demo account | open demo |
regulated | |
regulation | IFSC (№/60/230/TS/17), cysec (№331/17) |
account types | standard, cents, micro, unlimited, zero spread, ECN |
deposit methods | credit/debit cards, bank transfer, skrill, cashu, OKPAY, RBK money, QIWI, FBS master card, neteller, yandex.Money, ru, webmoney, etc. |
Withdrawal methods | credit/debit cards, bank transfer, RBK money, QIWI, FBS master card, neteller, yandex.Money, webmoney, etc. |
Number of assets | 40+ |
types of assets | currency, metals, CFD, crypto-currency (bitcoin, ethereum, litecoin, dash) |
account currency | USD, EUR |
US traders allowed | |
mobile trading | |
overall score | 9.0/10 |
Full review
Certainly, as their potential customer, you’d like to learn whether this company’s another fraudster or a serious company, full of impressive features, and which provides a functional trading platform and ensures fast withdrawal of earnings. Your curiosity will be satisfied below.
The FBS brand, which is well-known all over the world today, actually belongs to the organization FBS markets inc., founded in 2009 by combining several successful dealing centers. The broker’s mission can be defined as follows: the creation and implementation of high-quality services in order to maximize the needs of investors. In 2016, more than 2 million traders joined the company. Since that time the number of clients on the platform has drastically grown and the company is still booming. Undoubtedly, in many respects, this speaks to people’s trust in the organization. Today FBS is represented in more than 190 countries around the world. It successfully cooperates with a wide network of partners (approximately 300,000 companies). Up to 7,000,000 traders make use of this platform on a regular basis. The broker works transparently and honestly, and it pays much attention to the professionalism of its employees. One of its indisputable advantages is constant improvement of the services provided. Moreover, the list of available options for trading is lengthened on a regular basis. On FBS’s official website, the broker rightly notes that its platform ensures convenient and easy trading in the foreign exchange market (here you can learn the whole truth about forex).
The company offers a variety of high-quality investment and financial services in europe, asia and the CIS. It has offices in egypt, indonesia, china, malaysia, thailand, etc. The prestigious awards the company has won comments on the internet, including the recommendations of the platform by the clients, testifies to the company’s seriousness liquidity providers as well as custodians of clients’ funds are represented by such serious financial organizations as bank of america, citibank, jpmorgan, goldman sachs, etc. Trading takes place with the help of such reliable and sophisticated software solutions as metatrader 4 and metatrader 5. These platforms have been recognized by traders around the world as the best and most functional because of their excellent functionality. The terminals support the installation of new indicators and advanced trading systems for deep market analysis. They allow the use of pending orders, automatic trading advisers, hedging, scalping, and mobile trading, not to mention the display of the most actual market news. By the way, a convenient trading terminal, webtrader, can be launched in your browser.
Among the advantages of this forex and CFD broker, we note the high speed of execution of orders, the absence of slippage, low spreads and the minimum threshold for entering the market ($1). Additionally, it offers free account insurance. Its clients can receive a plastic card to conduct purchases throughout the world. Different assets (metals, cfds, most popular cryptocurrencies, etc.) are available to the company’s clients. To ensure that trading is a simple and understandable process for users, FBS organizes free seminars for both newcomers and experienced traders, provides high quality materials, profitable forex strategies (learn here how to choose a forex broker), and market analytics. The company has a convenient website, full of useful information. It’s translated into many languages, which makes it more comfortable to work with.
Replenishment and withdrawal of funds
The CFD and forex broker FBS has gained wide popularity in many areas due to a careful and substantial approach to its services. The company has done a lot to make interaction with the site comfortable and profitable. Different payment systems can be used for transactions in the system.
Methods of replenishment /withdrawal of funds include:
- Bank transfers (visa/mastercard),
- Electronic payment systems (NETELLER, skrill, perfectmoney, OKPAY, astropay, etc.),
- Crypto assets (bitcoin, mybitwallet).
The terms of transaction range from 15 minutes to 5 working days, depending on the service that the trader uses.
Complaints about FBS
FBS is a popular broker. It’s actively used by a large number of traders, so you can find a lot of reviews about it on the internet. As for the most positive comments, the clients of the platform note the excellent reputation of the broker, favorable conditions, rapid execution of transactions, the availability of insurance, demo trading, interesting bonuses and contests, as well as adequate spreads, fast and simple withdrawal of earnings without delay (including cryptocurrencies), and qualitative analytical materials.
Some traders recommend the company as one of the best on the market for reliable and stable cooperation with a possibility to earn a decent income. Also, a manager works online on behalf of the organization. He studies the comments of traders and answers their questions, which proves how crucial it is for the broker to be in touch with its clients.
Among the negative aspects, traders point to feedback issues (long wait time for answers from the support service), delays in withdrawal of funds, trade in scalping (slow execution of orders), unprofessional managers and long verification.
If we find complaints about FBS, we will post it on social media. Follow us to be well informed:
Is FBS a scam?
FBS is an impressive international organization with extensive experience. Today it can be rightly called a leading forex/CFD broker. Representation in more than 190 countries of the world, cooperation with more than 7,000,000 traders in asia, europe, russia, etc. – all of this clearly speaks about the fact that investors trust their money to this market leader. The brand has an active position and many prestigious awards. Offering a variety of unique opportunities and favorable conditions to its clients, the organization doesn’t grow stagnant. It proceeds with its mission: to satisfy the needs of investors, constantly develop, improve services and ensure stable and comfortable trading.
Favorable working conditions are the first thing that traders from all over the world notice on this site. Traders enjoy low spreads from 0.2 points, comfortable leverage up to 1: 1000, fast execution of orders, no slippage and a low entry threshold (from $1). For trading, only up-to-date financial instruments are available: forex, CFD and digital coins (learn here how to quickly earn on crypto assets). A well-built service is the next advantage of the company. Traders appreciate the company’s informative website, a large choice of transaction options, professionalism of the support service, materials provided, and relevant market analysis. The training process is also well organized here: the site materials are constantly updated and free seminars are held, which would be useful to any trader regardless of his or her trading experience.
It’s crucial for a leading broker to offer its clients such attractive options as automatic trading, scalping and hedging. For its users the company has come up with the best solutions: the trading process takes place in the time-tested terminals, highly praised by traders around the world (metatrader 4 and metatrader 5). Of course, the FBS broker needs to do everything to ensure that its clients feel secure while working in the market, so the issue of regulation of the organization is of supreme importance. Today the company has been licensed by serious financial bodies (IFSC, cysec), which increases its credibility in the eyes of users and proves that it’s not a fraudster but rather a reliable and trustworthy trading platform.
The company is quite popular with traders. There are a lot of reviews about it on the internet, and most of them are positive (as a rule, traders praise the company’s high reputation and its extensive experience, favorable conditions, high quality services and many useful options). Of course, there are also negative aspects of the platform, which mainly relate to problems with the withdrawal of capital, unprofessional managers, long verification, etc. Do note that a representative of the organization works online, analyzing the comments of the clients. This proves that it’s important for the company to see the real problems that users of the service face. Of course, you’d like to know whether we should regard FBS as another scam or not. Well, having thoroughly studied the capabilities of the platform, today we can confidently say – no! This decision was influenced by the impressive experience of the company, the constantly growing number of customers, a lot of useful options, the presence of regulation, and highly responsive support managers.
Regulation of FBS
The broker belongs to FBS markets inc. (registration number: 119717). It’s important for the company to provide its users with a reliable working platform, so the issue of regulation is taken very seriously. Today FBS has the licenses of the following financial bodies: IFSC (no./60/230/TS/17), cysec (no. 331/17).
Conclusion
Today the forex/CFD broker FBS is the undisputed leader in the market. It’s a trustworthy international organization with a wide range of work experience, many prestigious awards, and an impressive number of clients all over the world. The constantly growing popularity of the broker can be explained by its thoughtful and high-quality service, the provision of really profitable terms of trade, a rich choice of assets, unique options, and its adherence to regulation. Undoubtedly, all of this attracts new customers to the platform.
On the platform traders can work with the most popular financial instruments – crypto assets (here you can read the whole truth about digital coins), forex, CFD – so a decent income is guaranteed. For high-quality work, traders can use the company’s highly informative website, where they can find analytics as well as training materials. Right now we won’t label FBS as a scam, but we’re waiting for feedback from traders about the platform. This feedback might warn investors aboutt various issues, which might show up on the platform in the future and also impact the company’s rating on our web portal.
FBS review 2021
Regulated by cysec & IFSC | segregates client funds | trust rating: B | true ECN
CFD trading involves high risk be careful with your investement
CFD trading involves high risk be careful with your investement
This post is also available in: deutsch italiano
With this FBS review we want to find out if FBS is really one of the best forex brokers of 2019.
We conducted an in-depth review in january 2021 to find out the answer and bring it to you!
Now here's a real surprise broker that you may not have come across yet!
Founded in 2009 and headquartered in belize, this true ECN and STP broker is authorised and regulated by the cyprus securities and exchange commission (cysec) and has a lot to offer.
They have already won tons of awards, have clients in over 120 countries throughout the world and have established a sound customer base that currently exceeds 5 million traders.
FBS is extremely well represented in important regions across asia and has offices in china, thailand, turkey, malaysia, indonesia, lao, myanmar and egypt.
Clients are entitled to receive all sorts of promotions and trade forex, metals, cfds and four of the major cryptocurrencies: bitcoin, ethereum, litecoin and dash.
trading platform | metatrader |
head office | belize |
founded | 2009 |
⭐ reviews | 4.4 - 43 reviews trust pilot |
↔ maximum leverage | 3000:1 |
execution servers | LD5 |
broker type | ECN |
negative protection | no |
trading options | forex, cfds, crypto |
OUR RATING: 7.8 | |
the overall raiting is based on review by our experts | |
reliability: 7 / 10 | spread: 9 / 10 |
offers: 8 / 10 | speed of execution: 8 / 10 |
customer service: 7 / 10 | uptime: 8 / 10 |
trading conditions | |
max leverage: | 3000:1 |
platform: | |
min deposit: | $1 |
spread: | from 0.0 pips |
cuts out dealing desk: | yes |
methods of deposit and offers | |
deposit / withdraw: | |
welcome offer: | $123 free and 100% deposit bonus on all deposits |
rebates engine forex: | coming soon! |
SECURITY, MARGINS AND TECHNOLOGY
SECURITY
In summary
- Cysec & IFSC regulated
- True ECN broker
- No dealing-desk intervention
- Segregates clients’ funds
FBS is the trading name of FBS markets inc., parallax incorporated, tradestone limited and is licensed and regulated by the cyprus securities and exchange commission (cysec) and the international financial services commission (IFSC).
Deposit insurance of up to 100%
for most account models, the broker offers forex traders so-called deposit insurance. In this way, traders secure the amount of their deposit at 100 per cent. For this purpose, a certain number of positions must be traded. For example, if you want to hedge a deposit of 100 US dollars, you will need 12 trades. In this way, traders can protect themselves against losses of their trading capital without additional investment.
In our FBS forex broker review, we found that dealing with FBS can be considered to be safe and secure. Overall, the company goes a long way to ensure transparency and the safety of its clients' money.
Spreads comparison
PEPPERSTONE
THINK MARKETS
OANDA
IC MARKETS
CHARGES AND MARGINS AT FBS
In summary
- Spread mark-up or
- Commissions per standard lot R/T
- 6 account options to choose from
- Up to 3000:1 leverage
FBS offers a choice between six unique trading account types, each of which offers distinct advantages and features. Clients can select from MT4 and MT5, true ECN or STP account options.
Minimum deposits range from $1-1000 with a huge maximum leverage of up to 3000:1.
All account types, except its ECN account, support the following trading instruments: 35 currency pairs, 4 metals, 2 cfds and 4 cryptocurrencies. The ECN account focusses solely on forex trading and allows users to trade 25 currency pairs.
Leverage is up to 3000:1 on the micro, standard and zero spread accounts, up to 1000:1 on the cent, and up to 500:1 on the unlimited and ECN account options.
FBS only charges commissions on two of its account types: the zero spread (from $20 per lot round-turn) and ECN ($6 per lot round-turn) accounts.
Here is a quick overview of all six account types and it's main characteristics:
- Standard account: the FBS standard account can be accessed from a deposit of at least $100. The maximum leverage is selectable up to 3000:1 and the fees are calculated over a variable spread (from 0.5 pips).
- Cent account: an account from $1 deposit for trading small amounts. There are even cent lots available for trading. The maximum leverage is 1000:1 and the average spreads start from 1 pip.
- Micro account: an account from $5 with fixed spreads. So the fees are 100% clear for the trader before. The spreads start at 3 pips, and the leverage goes up to 3000:1.
- Zero spread account: with this account, there is no spread (fixed at zero spread) applied, but a commission of minimum $20 per lot R/T has to be paid. This is an FBS account option that can be accessed with deposits from $500. However, a $20 commission per lot is quite steep.
- ECN account: direct access to interbank trading with no spread (from -1 pip). A commission of $6 per lot is due, and the maximum leverage can be set to 500:1. You get a direct market execution from an initial deposit of $1000.
- Unlimited account: an account type similar to the standard account, but with smaller, floating spreads starting from 0.2 pips. Available from $500 deposits with a leverage of up to 500:1.
A comprehensive comparison table of the different settings and features for each of FBS' account types is presented below:
TECHNOLOGY
In summary
- Metatrader 4 (MT4)
- Proprietary FBS trader
- Metatrader 5 (MT5)
- FBS copy trader
FBS clients are welcome to use the popular MT4 trading platform or can select its younger brother, MT5. Both trading platforms are available for all six account types.
Both platforms can be used with desktop computers or as a browser-based webtrader. Mobile trading is available for all common android and ios devices.
Both metatrader platforms allow for a wide range of leverage and trade execution without requotes. The full set of MT's standard features are available, such as the use and implementation of expert advisors (eas), micro-lot trading, one-click trading and an embedded news section. Technical analysis tools, including 50 indicators and charting tools with three types of charts, are at hand as well as the option for VPS service support.
FBS further offers the metatrader 4 multiterminal, which is a multi-account-management solution for MT4. With this terminal, account and money managers have the ability to manage multiple trading accounts simultaneously under one portfolio. The status of open positions and pending orders can be monitored and controlled via this tool. Quotes and news are received in real time just like on any metatrader account.
FBS trader is the broker's new, proprietary trading platform. The broker highlights that this trading platform is as powerful as the popular metatrader platforms but simpler to use.
The FBS trader is available for download on desktop computers or as a mobile platform for android and ios devices. It offers real-time stats and a smart interface for editing orders and account settings in just a few clicks.
FBS copytrade platform:
FBS jumped on board of the popular social trading train with their FBS copytrade platform. It is a copy trading platform where traders can automatically replicate (copy) the strategies and trades of other traders.
Copytrade enables all types of traders to engage in the financial markets and invest in professional or more experienced traders. The broker provides a list of advanced traders displaying their general profiles, generated returns in a given period, number of copiers and copy-fees charged. A trader can then check the statistics of the relevant traders and select those they want to follow or to copy.
On the other hand, experienced traders can set up their accounts to allow copy trading and specify a commission percentage that they wish to charge. This can serve as a major source of income for successful traders as they can earn huge commissions from a potentially unlimited number of copiers. FBS copytrade is available as an android and ios app, which can be downloaded and installed from the respective app stores.
A free VPS service is available to those clients that meet the conditions of depositing at least $450 and trading a minimum of just 3 lots per month. A VPS is a tool that most professional traders use to stay online and connected to the trading servers anywhere and anytime. Especially those traders using expert advisors (eas) as well as high-frequency traders that require a stable and fast server connection where slippage is reduced to the absolute minimum should consider using a VPS.
Execution of speed comparison
PEPPERSTONE
THINK MARKETS
OANDA
IC MARKETS
CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL FEATURES
CUSTOMER SERVICE AND CLIENTS SUPPORT
In summary
- 24/7 customer support
- Global presence with large client base
- 6 account types to choose from
- Demo account option available
Customer support service at FBS is available 24/7, a significant advantage given that most other brokers only offer 24/5 support. Support is available in 19 different languages including arabic, chinese, malay, thai, korean, indonesian, russian, laotian, french, italian, spanish and portuguese. Localized support services are available for traders in china, egypt, indonesia, korea, malaysia, myanmar and thailand.
Worldwide, more than 5 million traders from over 120 countries have already chosen FBS’ services and registered a trading account with the company. The company has won tons of industry awards and is ranked as one of the top forex trading providers in asia.
Both new clients to FBS and established traders have access to the multitude of promotions and bonuses on offer. These bonuses and promotions include a $123 no deposit bonus (welcome offer that is available to clients from selected regions only), 100% deposit bonus "trade 100 bonus" and many more.
In addition to providing a news and info section, the company also offers in-depth insight and education on all forex and trading-related topics. This includes webinars, seminars, videos, guidebooks for traders and much more. Both newbies and professional traders can significantly benefit from this wealth of insider information.
An economic calendar, forex market news, daily market analysis and forex TV are all accessible via the forex broker's homepage fbs.Com.
For the more serious or professional traders who have funded their account with at least $10,000 and traded a minimum of 50 lots, FBS offers an individual VIP approach through which clients benefit from consultations with a dedicated account manager, priority deposit and withdrawal processing, and gifts.
All customers can choose between six distinct account types that vary in terms of leverage, minimum deposit amounts, starting spread levels and other features, as shown above.
The available trading products include 35 currency pairs, 4 metals, 3 cfds, a small selection of stocks from around the globe and 4 cryptocurrencies.
Even though other forex brokers offer a more extensive portfolio of trading tools, FBS’ selection of trading tools represents a solid and sound variety that is especially beneficial for a more targeted trading approach that focuses on forex and cryptocurrency trading.
To get started and test FBS' overall trading conditions, we recommend to open a demo account first. This option is free of charge with the broker for both metatrader 4 and 5 platforms.
One of the negative FBS broker experiences is that charges are generally levied for payment transactions with the exception of credit cards or bank transfers. The deposit fees for this vary between 0.8 and 7.5 per cent.
The fees for withdrawals via e-wallet are also quite high. Traders should, therefore, use a credit card wherever possible. 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. Payments to third party accounts are not possible here either.
Available deposit / payment methods include:
- Credit card and debit card (visa only)
- Neteller
- Skrill
- Stic pay
- Perfect money
- Bitwallet
- Bank wire transfer
With the online broker FBS traders have a chance in competing in various contests and trading tournaments. Prices include exclusive products such as cars, electronic devices, vacation or cash.
Clients looking to invest in experienced traders instead of trading themselves will find the FBS copytrade platform interesting. Retail investors can join a network of traders and copy their strategies and trades for a commission set by the individual traders. Typical commission charges vary between 10 and 30% of the trading profits generated by the trader. Followers have access to information and statistics of all available traders. These stats an be viewed and compared at any time.
On the other hand, successful traders have the opportunity to present their trading portfolio and offer to being copied to the FBS network of investors. For each investor following their strategy and copying their trades these strategy managers earn extra commission from successful trades.
So, let's see, what we have: 163 people have already reviewed FBS . Read about their experiences and share your own! | read 21-40 reviews out of 163 at fbs com review
Contents of the article
- My list of forex bonuses
- FBS reviews
- 163 • average
- Write a review
- Write a review
- Reviews 163
- Would not recommend this broker
- I don’t like giving reviews to…
- I am satisfied with FBS
- I was trying to search for some cons
- This is a good broker
- FBS is a good company
- I am completely okay with FBS
- I found FBS through social media
- FBS launches amaaazing promotions
- I like copytrade app
- With cent account
- As for me
- Nothing bad to say about FBS
- Good broker
- I don’t see any disadvantages but there…
- Excellent broker company
- I enjoy trading with FBS a lot
- Not recommended to people living in japan
- FBS reviews
- 163 • average
- Write a review
- Write a review
- Reviews 163
- WORST platform ever seen
- In order for the FBS futures brokerage…
- I'm with FBS from 2013/2014
- Mostly i trade gold ,,recently FBS has…
- Good trading platform but some minor issues
- This is a scam website, please do not involve.
- FBS reviews
- 163 • average
- Write a review
- Write a review
- Reviews 163
- Would not recommend this broker
- I don’t like giving reviews to…
- I am satisfied with FBS
- I was trying to search for some cons
- This is a good broker
- FBS is a good company
- I am completely okay with FBS
- I found FBS through social media
- FBS launches amaaazing promotions
- I like copytrade app
- With cent account
- As for me
- Nothing bad to say about FBS
- Good broker
- I don’t see any disadvantages but there…
- Excellent broker company
- I enjoy trading with FBS a lot
- Not recommended to people living in japan
- FBS review: is FBS A scam? No, but it’s not worth...
- What is FBS exactly?
- How does FBS work?
- FBS trading platforms
- Other FBS tools
- 1. Personal area mobile app
- 2. Economic calendar
- 3. Currency converter
- 4. Trader’s calculator
- 5. Forex news
- 6. Forex TV
- What I like about FBS
- What I don’t like about FBS
- Is FBS A scam?
- The bottom line
- How I make A living online?
- FBS review
- FBS review: summary
- FBS review: regulation
- FBS review: countries
- FBS review: trading platforms
- FBS review: trading tools
- FBS personal area mobile app
- Virtual private server (VPS)
- Economic calendar
- Currency converter
- Trader’s calculator
- Forex news
- Daily market analysis
- Forex TV
- FBS review: education
- FBS review: trading instruments
- FBS review: trading accounts & fees
- FBS review: customer service
- FBS review: deposit & withdrawal
- FBS review: account opening
- FBS review: conclusion
- FBS review
- Overview
- Details
- Full review
- Replenishment and withdrawal of funds
- Complaints about FBS
- Is FBS a scam?
- Regulation of FBS
- Conclusion
- FBS review 2021
- SECURITY, MARGINS AND TECHNOLOGY
- CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL...
Contents of the article
- My list of forex bonuses
- FBS reviews
- 163 • average
- Write a review
- Write a review
- Reviews 163
- Would not recommend this broker
- I don’t like giving reviews to…
- I am satisfied with FBS
- I was trying to search for some cons
- This is a good broker
- FBS is a good company
- I am completely okay with FBS
- I found FBS through social media
- FBS launches amaaazing promotions
- I like copytrade app
- With cent account
- As for me
- Nothing bad to say about FBS
- Good broker
- I don’t see any disadvantages but there…
- Excellent broker company
- I enjoy trading with FBS a lot
- Not recommended to people living in japan
- FBS reviews
- 163 • average
- Write a review
- Write a review
- Reviews 163
- WORST platform ever seen
- In order for the FBS futures brokerage…
- I'm with FBS from 2013/2014
- Mostly i trade gold ,,recently FBS has…
- Good trading platform but some minor issues
- This is a scam website, please do not involve.
- FBS reviews
- 163 • average
- Write a review
- Write a review
- Reviews 163
- Would not recommend this broker
- I don’t like giving reviews to…
- I am satisfied with FBS
- I was trying to search for some cons
- This is a good broker
- FBS is a good company
- I am completely okay with FBS
- I found FBS through social media
- FBS launches amaaazing promotions
- I like copytrade app
- With cent account
- As for me
- Nothing bad to say about FBS
- Good broker
- I don’t see any disadvantages but there…
- Excellent broker company
- I enjoy trading with FBS a lot
- Not recommended to people living in japan
- FBS review: is FBS A scam? No, but it’s not worth...
- What is FBS exactly?
- How does FBS work?
- FBS trading platforms
- Other FBS tools
- 1. Personal area mobile app
- 2. Economic calendar
- 3. Currency converter
- 4. Trader’s calculator
- 5. Forex news
- 6. Forex TV
- What I like about FBS
- What I don’t like about FBS
- Is FBS A scam?
- The bottom line
- How I make A living online?
- FBS review
- FBS review: summary
- FBS review: regulation
- FBS review: countries
- FBS review: trading platforms
- FBS review: trading tools
- FBS personal area mobile app
- Virtual private server (VPS)
- Economic calendar
- Currency converter
- Trader’s calculator
- Forex news
- Daily market analysis
- Forex TV
- FBS review: education
- FBS review: trading instruments
- FBS review: trading accounts & fees
- FBS review: customer service
- FBS review: deposit & withdrawal
- FBS review: account opening
- FBS review: conclusion
- FBS review
- Overview
- Details
- Full review
- Replenishment and withdrawal of funds
- Complaints about FBS
- Is FBS a scam?
- Regulation of FBS
- Conclusion
- FBS review 2021
- SECURITY, MARGINS AND TECHNOLOGY
- CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL...
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