FBS.COM REVIEW
FBS Regulations
FBS is regulated by the International Financial Services Commission (IFSC) under the license number IFSC/60/230/TS/17 as well as by CySec. While the Belize IFSC might not be as famous as the UK’s Financial Conduct Authority, it is the government agency that is tasked with regulating the activities of all the financial market participants in Belize.
FBS Trading Platforms
To ensure their clients are able to enjoy trouble-free trading,FBS has provided themwith known reliable forex trading .platforms such as the MetaTrader 4 and the MetaTrader 5.
MetaTrader 4 (MT4)
The MT4 is often considered the online trading industry standard trading platform as it is adopted by the majority of the forex brokers in the industry. The popularity of the MT4 trading platform stems from the fact that it is easy to use and highly customizable. In addition, it comes with a wide range of trading tools such as a comprehensive charting package and dozens of technical indicators. However, the MT4 is most well known among traders for its ability to support automated trading through the use of Expert Advisors.
MetaTrader 5
Mobile Trading
MetaTrader 5
Apart from the MT4, FBS has also made available the latest version of the MetaTrader trading platform, the MetaTrader 5. The MetaTrader 5 comes with all the advantages of the MT4 but revamped to deliver greater efficiency. It features more technical indicators and an improved script and expert advisor. In short, it is an improved version of the MT4.
Mobile Trading
Apart from the desktop and WebTrader versions, FBS has also provided its clients with the mobile-optimized versions of the MT 4 and MetaTrader 5 trading platforms. These mobile trading apps are designed for Android and iOS powered devices and have nearly all the powerful features of the desktop version. To download the mobile trading apps, you can do so on Google Play Store and Apple’s App Store
FBS Trade Types/Instruments
On the FBS trading platform, traders have 3 main types of instruments to trade with. They include currency pairs, indices/stocks, and precious metals.
FBS Cryptocurrencies Trading
FBS recently joined the ranks of forex and CFDs brokers that are offering crypto trading services to their clients. Currently, FBS offer crypto trading service for 4 different types of cryptocurrencies namely Bitcoin, DASH, Ethereum, and LiteCoin.
FBS Account Types
To satisfy the needs of different categories of traders, FBS have provided 6 different types of trading accounts:
*The account types and terms are subjects to changes according to FBS.
- Cents Account
- Micro Account
- Standard Account
- Zero Spread Account
- Unlimited Account
- ECN Account
Cents Account
- Minimum deposit: $1
- Floating Spread
- Commission Free
- 1:1000 leverage
- STP Execution from 0.3 sec
Micro Account
- Minimum deposit: $5
- Fixed spread from 3 pips
- Commission Free
- 1:3000 leverage
- STP Execution from 0.3 sec
Standard Account
- Minimum deposit: $100
- Floating Spread
- Commission Free
- 1:3000 leverage
- STP Execution from 0.3 sec
Zero Spread Account
- Minimum deposit: $500
- Fixed Spread
- Commission from $20
- 1:3000 leverage
- STP Execution from 0.3 sec
Unlimited Account
- Minimum deposit: $500
- Floating Spread
- Commission Free
- 1:500 leverage
- Momentarily STP Execution
ECN Account
- Minimum deposit: $1000
- Floating Spread
- Commission From $6
- 1:500 leverage
- ECN Execution
FBS Deposits and Withdrawals Options
Trading accounts at FBS can be topped up or withdrawn with a wide selection of payment methods supported by the broker. These methods include major credit cards, eWallets and bank wire transfer methods.
FBS Bonus and Promotions
Currently, FBS has several bonuses and promotional offers running. For starters, there is a welcome bonus of $123, or of $50 for new traders with no deposit required. Then, there is the 100% deposit bonus that traders can receive for each deposit that they make.FBS also offer their traders an interesting reward for every lot that they trade. Called the “Cashback” bonus, traders can receive up to $15 for every lot that they trade without any kind of restrictions. This is inclusive of the trades that they lose. To find out how much cashback rebate that you are entitled to, simply enter the average number of lots traded into the cashback calculator and you will be shown the extra that you will receive as cashback.Other promotional offers which FBS have to include the “Get Car” promo, the FBS Lucky T-Shirt promo and the “Lots of Apples” promo. The Lots of Apples promo lets traders earn an iPhone X simply by trading. Once the total deposit has reached $5000 with the total volume traded at 500 lots, the trader will be gifted with the iPhone X. For traders who joined the partner program and referred clients to FBS, they can receive $500+ in additional commissions for every successful referral.Bonus and promotions may vary according to the broker’s policy.FBS Customer Support
The customer support service at FBS is provided on 24 hours a day 7 days a week basis. It is also available in 19 different languages such as Arabic, Chinese, Malay, Thai, Korean, Indonesian, Russian, Laotian, French, Italian and Portuguese. For traders in China, Egypt, Indonesia, Korea, Malaysia, Myanmar and Thailand, localized support services are available to them. To contact customer support at FBS, traders can do so with email, live chat, telephone or request a callback.
FBS Q&A
Is FBS regulated?
Yes. FBS is a regulated broker under the jurisdiction of the Belize International Financial Services Commission and under Cyprus Securities and Exchange Commission.
Where is FBS based?
FBS is based in Russia. FBS also maintained satellite offices in several other countries such as China, Egypt, Indonesia, Korea, Malaysia, Myanmar and Thailand.
How to deposit in FBS account?
Traders at FBS can deposit funds into their trading accounts with their credit/debit cards, eWallets or through bank wire transfers.
How to withdraw money from FBS?
Withdrawals at FBS can be done through major credit cards, popular eWallets or through bank wire transfer.
How to open an account with FBS?
To open a trading account at FBS, simply fill in the registration form that is found on FBS’s website and submit it once you have completed the form. Once you have funded your trading account, you can begin live trading immediately.
Is FBS reliable?
Yes, it seems that FBS is a reliable broker. The fact that FBS has been operational since 2009 indicates that it is a legitimate broker. The numerous recognition awards are also testimonials of FBS’s reliability.
Does FBS use MetaTrader?
Yes. FBS uses the MetaTrader 4 and the Metatrader 5 trading platforms. These platforms are also available in several versions on the FBS’s website.
What is FBS’s leverage?
FBS’s maximum leverage is 1:3000, one of the highest in the online trading industry.
Is FBS a scam? How safe is FBS?
It seems as FBS is not a scam. It is a regulated broker under the oversight of the Belize International Financial Services Commission and complies with the industry best practices.
Conclusion
Overall, the services offered by FBS seem to be more than acceptable. The wide range of products and services offered by the broker ensure that they are able to meet the trading needs of most traders. While they are only regulated by the Belize IFSC, the numerous awards won by FBS over the years have shown that they are a serious broker. Regardless of whether one is a beginner trader or an experienced trader, there is something for everyone at FBS.
Company Information
BROKER DETAILS INFO Regulated by CySEC, IFSC Headquarters Country Russian Federation Foundation Year 2009 Publicly Traded No Number Of Employees 200
| BROKER DETAILS | INFO |
|---|---|
| Regulated by | CySEC, IFSC |
| Headquarters Country | Russian Federation |
| Foundation Year | 2009 |
| Publicly Traded | No |
| Number Of Employees | 200 |
Deposit Options
Credit Card, FasaPay, Indonesia Local Banks, Neteller, OKPay, PerfectMoney, Skrill, Webmoney, Wire Transfer
Credit Card, FasaPay, Indonesia Local Banks, Neteller, OKPay, PerfectMoney, Skrill, Webmoney, Wire Transfer
Withdrawal Options
Credit Card, FasaPay, Indonesia Local Banks, Neteller, OKPay, PerfectMoney, Skrill, Webmoney, Wire Transfer
Credit Card, FasaPay, Indonesia Local Banks, Neteller, OKPay, PerfectMoney, Skrill, Webmoney, Wire Transfer
Contact Information
Trading Account Options
ACCOUNT TYPE INFO Min. Deposit $1 Max. Leverage 1:3000 Mini Account Yes Demo Account Yes Premium Account Yes Segregated Account Yes Islamic Account Yes Managed Account No
| ACCOUNT TYPE | INFO |
|---|---|
| Min. Deposit | $1 |
| Max. Leverage | 1:3000 |
| Mini Account | Yes |
| Demo Account | Yes |
| Premium Account | Yes |
| Segregated Account | Yes |
| Islamic Account | Yes |
| Managed Account | No |
FBS Trading Features
Suitable For
TRADER LEVEL YES/NO Beginners Yes Professionals Yes Scalping Yes Day Trading Yes Weekly Trading Yes Swing Trading Yes
| TRADER LEVEL | YES/NO |
|---|---|
| Beginners | Yes |
| Professionals | Yes |
| Scalping | Yes |
| Day Trading | Yes |
| Weekly Trading | Yes |
| Swing Trading | Yes |
Customer Service
TIME YES/NO 24 Hours Support Yes Support During Weekends Yes
| TIME | YES/NO |
|---|---|
| 24 Hours Support | Yes |
| Support During Weekends | Yes |
Customer Support Languages
Arabic, Chinese, English, Indonesian, Japanese, Malaysian, Portuguese, Spanish, Thai, Urdu, Vietnamese
Arabic, Chinese, English, Indonesian, Japanese, Malaysian, Portuguese, Spanish, Thai, Urdu, Vietnamese
Trading Services
SERVICE INFO Supported Trading Platforms MT4, MT5 Fixed Spreads Yes Educational Service Yes Signal Yes Email Alerts Yes Guaranteed Stop Loss Yes Guaranteed Limit Orders Yes Hedging Yes Trailing SP/TP Yes Automated Trading Yes Has VPS Services Yes Cryptocurrency Coins Yes
| SERVICE | INFO |
|---|---|
| Supported Trading Platforms | MT4, MT5 |
| Fixed Spreads | Yes |
| Educational Service | Yes |
| Signal | Yes |
| Email Alerts | Yes |
| Guaranteed Stop Loss | Yes |
| Guaranteed Limit Orders | Yes |
| Hedging | Yes |
| Trailing SP/TP | Yes |
| Automated Trading | Yes |
| Has VPS Services | Yes |
| Cryptocurrency Coins | Yes |
Supported Instruments
INSTRUMENT TYPE YES/NO Currencies Yes Commodities No CFDs Yes Indices No ETFs No Stocks No Cryptocurrencies Yes
| INSTRUMENT TYPE | YES/NO |
|---|---|
| Currencies | Yes |
| Commodities | No |
| CFDs | Yes |
| Indices | No |
| ETFs | No |
| Stocks | No |
| Cryptocurrencies | Yes |
FBSBonus & Promotions
BONUS INFO OFFICIAL SITE Bonus $123 — for an ultimate start on the Forex market
Bonus amount - $123, Bonus trading period - 7 days, Your profit - unlimited. You can get the bonus without verification and contact details confirmation!
CLAIM NOW
Your capital is at risk
A welcome bonus of $50
FBS offers a welcome bonus of $50 – the easiest way to progress on Forex
CLAIM NOW
Your capital is at risk
| BONUS INFO | OFFICIAL SITE |
|---|---|
| Bonus $123 — for an ultimate start on the Forex market
Bonus amount - $123, Bonus trading period - 7 days, Your profit - unlimited. You can get the bonus without verification and contact details confirmation!
| CLAIM NOW
Your capital is at risk
|
| A welcome bonus of $50
FBS offers a welcome bonus of $50 – the easiest way to progress on Forex
| CLAIM NOW
Your capital is at risk
|
4 Comments
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