Verifying your account in FBS is now easier than ever with the addition of the liveness feature. Find out how it works in the full guide below.

How to Verify Account in FBS

Choosing FBS as your broker is undoubtedly a great idea. Founded in 2009, FBS is a global multi-asset brokerage firm that offers a wide range of trading services for clients in more than 150 countries worldwide. To ensure their client's safety, the broker has obtained licenses from multiple authorities such as the famous ASIC, CySEC, FSCA, and IFSC.

Whether you become a client of FBS or other regulated brokers, you need to pass the verification process to get full access to their services. Many traders seem to think that this step is unnecessary and time-consuming. However, it's important to point out that the internet these days is filled with all kinds of users including frauds and scammers. Therefore, any reputable platform needs to shield customers from fraudulent activities through the KYC procedure.

In FBS broker, the verification process is very straightforward especially with the new liveness feature. Now clients can easily verify their accounts in the blink of an eye. Let's find out how it works in the guide below.

Website
Established
2009
Leverage
1:3000
Min Deposit
$5
Regulation
ASIC, CySEC, FSCA, Belize Financial Service Commission (FSC), FCA
Bonus offers
Trading contests
Free education
Affiliate program
Islamic accounts available
Compensation scheme
Negative balance protection
VPS
Education
Webinar
Low spread eur/usd
FasaPay
Neteller
Skrill
Wire transfer

Since 2009, the action of FBS Holding Inc. or known as FBS in the world of forex trading has been recognized by various international institutions. With clients reaching 14 million as of 2019, FBS has received the title of Most Transparent Forex Broker 2018, Best Investor Education 2017, Best Customer Service Broker Asia 2016, IB FX Program, and many others.

FBS is regulated by FSC Belize and CySEC Cyprus. This broker has been trusted by millions of traders and 370 thousand partners from various countries. Based on their data, FBS garners about 7,000 new traders and partner accounts every day. And, 80% of the clients stay in the FBS for a long time. No wonder the broker is growing rapidly due to the incredible growth in the number of clients.

Trading products offered by FBS range from forex, CFD, precious metal, and stock. For forex trading, CySEC-regulated FBS offers leverage up to 1:30 on Cent and Standard Accounts. Clients who want to try higher leverage than that can alternatively register an account under FBS Belize.

FBS spread begins from 0.5 pips for Pro account type and from 0.7 pips for Standard and Cent accounts. On a standard account, volume orders can be made from 0.01 to 500 lots. Therefore, this account is recommended for experienced traders.

Whereas on Cent Accounts, volume orders can be carried out with a maximum of 500 cent lots or the equivalent of 5 standard lots. Cent Accounts involve a different level of risk. FBS recommends Cent Accounts for beginner traders. All account types support the following trading instruments: 36 Forex pairs, 8 metals, 3 energies, 11 indices, 127 stocks, 5 crypto pairs.

Before plunging into the real forex market, traders can practice with FBS Demo Account which consists of two types, i.e Standard and Cent.

FBS uses the MetaTrader 4 and MetaTrader 5 platforms. They offer them on Windows and Mac as well as Android and iOS mobile. These platforms provide a trading experience at traders' fingertips, allowing traders to progress as a trader anywhere at any time.

MetaTrader platforms also have a variety of mainstay features, including the possibility to create, buy, and use expert advisors (EA) and scripts, One-click trading and embedded news, technical analysis tools, the possibility to copy deals from other traders, hedging positions, and VPS service support.

Another advantage provided by FBS is a deposit bonus of 100% for clients who fulfill certain requirements. The process of FSCing and withdrawing funds can be run easily and quickly. Based on clients' testimonies, each process usually takes no more than 3-4 hours, except on holidays.

Traders also have the opportunity to develop a side business when trading with FBS, namely as an Introducing Broker (IB) or Affiliate. The FBS partnership system provides partner commissions that are already in 3 level positions. Only by introducing new clients to FBS according to certain procedures, traders can earn extra income.

Traders will also get trading education experience at FBS. They have prepared a comprehensive forex course. The course consists of 4 levels: beginner, elementary, intermediate, and experienced. Traders can take courses that will turn them from newbies to professionals. All materials are well-structured. Besides, FBS provides various forex analyzes, webinars, forex news, and daily market analysis that can be accessed easily on their site.

Traders can access the FBS website with many language choices. Of course, this will increasingly provide comfort for traders. Available languages include English, Italian, French, Portuguese, Indonesian, Spanish, and others. Live chat support is also provided 24 hours 7 days a week.

In conclusion, FBS is a widely known broker among retail traders around the world. It continually grows to become a preferred broker because of flexible trading conditions that enable its clients to trade with various instruments, low deposit, and other trading advantages.

 

Step-by-Step FBS Verification Guide

The main goal of FBS verification is to prove the validity of your identity, particularly your ID/passport number and date of birth. In that case, you will be asked to provide a colored copy of at least one of the following documents:

  • Passport
  • National ID
  • Driver's License

Please make sure that the file is either in JPEG, PNG, BMP, or PDF format, and that the total size does not exceed 5 MB. To save time, it is highly suggested to prepare the documents in advance. Once you're ready, follow the easy steps below:

  1. Head over to FBS' official website or open the mobile app and log in to your account.
    FBS verify account 1

  2. Click "Verify" in your Personal Area to begin the process.
    FBS verify account 2

  3. Specify your country of residence, then select the type of document that you'd like to upload to FBS. Click "Next" to move on.
    FBS verify account 3

  4. Upload the documents, starting from the front side to the backside. There is also an option to continue the process on your phone, so instead of choosing an existing file, you can take the photo on the spot using your phone camera.
    FBS verify account 4

  5. After uploading the documents, follow the instructions on the screen and take a clear photo of your face to complete the liveness identification. Don't forget to allow FBS broker to access your phone camera beforehand.

  6. You're almost done! Wait for the FBS team to check your documents. As soon as your account is verified, you'll see a green indicator with a white checkmark on your dashboard. You will also receive a notification via email.

  7. If your verification request is rejected, you will be notified along with the reasons. Therefore, you can fix the mistake and try again later.
    FBS Verify Account 5

 

Why Is the New Liveness Feature an Important Upgrade?

FBS is known for taking security matters very seriously while also considering client satisfaction. In that case, the new liveness feature is one of its recent breakthroughs.

It basically uses a face scanner system to verify the client's face, thus adding more security and making the process more seamless.

Compared to the old verification system, the new feature certainly brings quite a lot of benefits to the table. Instead of only relying on document scans, using biometric identification to verify one's identity would help FBS broker to easily distinguish live human beings from fake approaches like facial spoofing attacks, therefore providing a more accurate and reliable validation.

Previously, clients were also asked to enter their ID number and date of birth manually, but this step is no longer necessary. In the new system, you only need to upload the documents and complete the liveness test.

Moreover, data security from the liveness features is enhanced to meet modern banking system security standards. This can open new opportunities in the future, like the addition of new payment methods.

 

Final Words

FBS is a trusted and regulated broker with more than a decade of experience. To protect their clients from theft and fraud, the broker requires each client to complete the verification process and verify their bank cards before making any transactions. It is also a means to ensure that the company is never seen as suspicious or involved in money laundering and other criminal activities.

There is no need to worry though as the FBS registration and verification process are very modern and straightforward. You can take advantage of the user-friendly interface as well as the handy liveness feature. Compared to other brokers, this new system is certainly easier to follow, even for complete beginners.

 


FBS is a worldwide broker with a presence in more than 150 countries. More than 23 million traders and over 400k partners have chosen FBS as their preferred forex brokerage company. To provide the best customer experience, FBS organizes seminars and special events.