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FBS Review

Broker Information Security Popularity Payment Spec Instruments Score
Security A
Popularity A
Payment A
Spec A
Instrument A
A
A
A
A
A
score 84
FBS
  Regulation 100  
ASIC
FCA
CySEC
Belize Financial Service Commission (FSC)
FSCA
  Security 100  
Negative balance protection
Established more than 10 years
Compensation scheme
  Instrument 100  
Forex
Indices
Stock
Oil
Gold
  Platform 88  
MetaTrader 4
MetaTrader 5
Web
  Payment 100  
Bank Transfer
Credit/debit card
Neteller
Skrill
FasaPay
Perfect Money
UnionPay
Wire
  Features 100  
Webinar
Bonus
Education
Affiliate
Automated trading
Vps
  Spec 100  
Islamic account
Hedging
Scalping
Leverage more than 1:500
Low spread eur/usd
Swap

πŸ’² Min Deposit $5

βŒ› Year Established 2009

πŸ’Ό Regulation

πŸ’‘ Min Position 0.01 lot

🌐 Website fbs.com

🌎 Country AustraliaCyprusSouth AfricaBelizeUnited KingdomNigeria

βš– Max Leverage 1:3000

πŸ’° Bonus offers

πŸ† Trading contests

πŸ“– Free education

πŸ•‹ Islamic accounts available

Compensation scheme

Negative balance protection

Education

Webinar

Low spread eur/usd

πŸ—Ί Vps

FBS is a well-established broker since 2009. FBS has headquarters in Australia, Cyprus, South Africa, Belize, United Kingdom and Nigeria. FBS to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by ASIC, 426359, CySEC, 331/17, FSCA, 50885, Belize Financial Service Commission (FSC), FSC 000102/460, FCA and temporary permit 808276.

FBS is an international brand present in over 100 countries. Independent companies united by the FBS brand are devoted to their clients and offer them opportunities to trade margin FX and CFDs.

The company has been recognized for its remarkable achievements, such as:

  • Over 40 international recognitions and awards.
  • Home to over 13,000,000 clients.
  • 7,000 new accounts are opened every day.
  • FBS receives and processes one withdrawal request every 20 seconds.
  • 80% of FBS clients remain loyal to the broker.
  • 48% list trading revenues generated at FBS as their prime source of income.
  • FBS serves clients in 190 countries.

Extensive Review

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.

Account Information

Apart from the forex demo account, this broker offers Standard, Pro and Cent. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FBS is up to 1: 3000. Meanwhile, you can open an account with a starting capital of $5.

FBS offers 3 account types:

  • Standard: The minimum deposit for the Standard account is $5 whilst the minimum order volumes are from 0.01 lots. This account comes with variable spread, pending orders, one-click trading, mobile trading, automated trading, and trailing stops. There are also the options to use hedging or scalping strategies with trading robots (Expert Advisors). Swap rates will also apply to positions carried over into the next day.
  • Cent: The Cent account requires a reasonable minimum deposit of only $5, a minimum deal size of 0.01 lots, and offers a fixed spread. This account also charges swap fees on positions left overnight and compatible with Expert Advisors. Cent Account features various tools, such as pending orders, one-click trading, mobile trading, automated trading, trailing stop, and importantly, they offer hedging and scalping.
  • Pro: To get started, traders can open an account with a minimum deposit of just $200. Pro account also offers a high level of leverage, allowing traders to access up to 1:2000 leverage. With a market execution speed of just 0.1 seconds and an STP (Straight Through Processing) system in place, trades can be executed swiftly and efficiently. The floating spreads start from as low as 0.5 pips with order volumes ranging from 0.01 to 500 lots. Importantly, the commission begins from $0.
pin

Min Deposit

$5

pin

Max Leverage

1:3000

pin

Spread

Variable

pin

Commission

from $0

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



πŸ’² Min Deposit $5

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

πŸ’± Hedging

πŸ•› Overnight interest rates (swaps)

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission from $0

Fees

FBS doesn't offer ECN accounts and therefore is not charging trading commissions. Spreads start from 1.0 pip and increase depending on the liquidity of the currency pair. Muslim traders can't be charged an overnight rollover/swap fee since they are prohibited by their faith to accept or be charged interest.

Even if you deposit or withdraw from FBS, you won't be charged additional costs, which represents an added service to Forex traders and reduces the overall cost per trade.

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Indices, Oil and Stock for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FBS offers a rather variable selection of assets:

  • 36 Forex pairs
  • 8 metals
  • 3 energies,
  • 11 indices
  • 127 stocks
  • 5 crypto pairs

As for Standard account, FBS specifically provides it with the following instruments and leverage:


Forex

Forex
1:3000

Gold & silver

Gold & silver
1:400

Indices

Indices

Stock

Stock


πŸ’² Min Deposit $200

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

πŸ’± Hedging

πŸ•› Overnight interest rates (swaps)

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission from $0

Fees

FBS doesn't offer ECN accounts and therefore is not charging trading commissions. Spreads start from 1.0 pip and increase depending on the liquidity of the currency pair. Muslim traders can't be charged an overnight rollover/swap fee since they are prohibited by their faith to accept or be charged interest.

Even if you deposit or withdraw from FBS, you won't be charged additional costs, which represents an added service to Forex traders and reduces the overall cost per trade.

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Indices, Oil and Stock for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FBS offers a rather variable selection of assets:

  • 36 Forex pairs
  • 8 metals
  • 3 energies,
  • 11 indices
  • 127 stocks
  • 5 crypto pairs

As for Pro account, FBS specifically provides it with the following instruments and leverage:


Forex

Forex
1:3000

Gold & silver

Gold & silver
1:400

Indices

Indices

Stock

Stock


πŸ’² Min Deposit $5

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

πŸ’± Hedging

πŸ•› Overnight interest rates (swaps)

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission from $0

Fees

FBS doesn't offer ECN accounts and therefore is not charging trading commissions. Spreads start from 1.0 pip and increase depending on the liquidity of the currency pair. Muslim traders can't be charged an overnight rollover/swap fee since they are prohibited by their faith to accept or be charged interest.

Even if you deposit or withdraw from FBS, you won't be charged additional costs, which represents an added service to Forex traders and reduces the overall cost per trade.

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Indices, Oil and Stock for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FBS offers a rather variable selection of assets:

  • 36 Forex pairs
  • 8 metals
  • 3 energies,
  • 11 indices
  • 127 stocks
  • 5 crypto pairs

As for Cent account, FBS specifically provides it with the following instruments and leverage:


Forex

Forex
1:1000

Gold & silver

Gold & silver
1:400

Indices

Indices

Stock

Stock

Payment Methods

FBS offers funding by credit cards, bank wires, and Skrill or Neteller. Deposits are processed as an instant with the exception of wire transfers. Withdrawal options are the same as deposit options and Forex traders are required to request a withdrawal with the same method the deposit was conducted.

There are no fees for withdrawals, but Forex traders may still face charged from the payment processor. Withdrawals through credit cards are processed by FBS within one business day, though other payment providers may have their own processing times: like bank wires within 48 hours and Skrill or Neteller requests between 15-20 minutes with a maximum of 48 hours.

Multiple payment options are available for funding and emptying live trading accounts, such as:

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

FBS also provides payment with Credit/debit cards, UnionPay, Perfect Money and Local bank transfer



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, FBS offers you MetaTrader 4 (Limited with 45 days of inactivity), MetaTrader 5 and Web.

  • MT4: While MT4 is available as a free download from FBS's website and is compatible with Windows and Mac computers, the forex broker makes no effort to offer traders something which is not included with the standard operating license for the MT4 Trading Platform. Though the platform houses over many features, it should not be credited to what FBS offers. The platform's only major drawback is social trading or copy trading remains absent as FBS once again sticks to its minimalistic approach.

    metatrader 4

  • MT5: MetaTrader 5 features consist of expanded options to create technical indicators, trading robots and utility applications along with 90 indicators and charting tools, one-click trading and embedded news, 6 types of pending orders, economic calendar, hedging positions, 21 timeframes, and VPS service support.

    metatrader 5

  • FBS Trader: A powerful trading platform in a mobile format offers a smooth trading experience with an easy-to-use application, even for novice traders. You can access financial markets anytime and anywhere accompanied by professional 24/7 chat in 16 languages.

    fbs trader

 

Unique Features

FBS does very little outside normal operating procedures, but to prove that FBS is a serious contender for the trading industry, it manages to collect multiple awards.

 

Research and Education

FBS stands out amongst our forex broker reviews for its educational courses and research tools:

  • Forex News: Traders get access to Forex news and have the option to filter the articles by commodities, currencies, stocks, and economy.
  • Daily Market Analysis: The FBS Daily Market Analysis is broken down into technical analysis and fundamental analysis and may offer the best feature this broker offers. Forex traders can easily navigate the research. The fundamental analysis is a bit more detailed and offers Forex traders basic coverage of key topics.
  • Forex TV: The Forex TV section is broken down into Weekly Insights, Daily Trading Plans, and Webinars, and FBS has spent the most attention on this part. The Weekly Insights section may be the most relevant which walks traders through important events as marked in the economic calendar. New traders may find the Daily Trading Plans to be useful, especially if they don't have their own trading strategy developed yet.
  • Forex Guidebook: New traders will find this course very useful and it is broken down into four sections: Beginner, Elementary, Intermediate and Experienced. This may be the most beneficial feature to new traders who are serious about learning how to trade.
  • Tips for Traders: This section is for more advanced Forex traders who are in the process of developing their own trading strategy or trying to decide which trading strategy to follow. It is filled with different trading strategies with quick explanations of how to deploy them.
  • Forex Webinars: FBS offers free webinars, but registration is required in order to participate.
  • Video Lessons: FBS has made an effort to create interesting video lessons which are broken down into different categories.
  • Glossary: A glossary can be accessed from the FBS website and some traders may revert to it in order to get clarity on certain terms.

 

Bonuses and Promotions

Bonus and promotion features are usually not available since such enticements are frowned on by regulators. However, FBS offers 100% Deposit Bonus that you can check on its website.

Customer Support

Do you have any question or find any trouble related to FBS? If you do, you should reach FBS's support to get the information that you need. Here is the detail of the broker's customer support:

FBS customer support team is available at all times via e-mail, even when the forex market is closed. For the convenience of their clients, FBS has a multi-lingual support staff 24/7.

Website Languages

Arabic
Bengali/Bangla
Burmese
Chinese
English
French
German
Indonesian
Italian
Japanese
Korean
Laothian
Malay
Portuguese
Spanish
Thai
Turkish
Urdu
Vietnamese

Office Support

Email Support

Call Support

Chat Support



FAQ About FBS

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FBS is a good broker for you or not by reviewing the criteria. In general, FBS provides trading service in Forex , Gold & silver , CFD , Indices, Oil and Stock. As for the payment methods, you can choose between Credit/debit cards, FasaPay, Local bank transfer, Neteller, Perfect Money, Skrill, UnionPay and Wire transfer. The customer support is available via Callback, Email, Forum, Live chat, Office, Phone and Web form.


The starting capital in FBS is $5.


FBS is regulated by ASIC, 426359, CySEC, 331/17, FSCA, 50885, Belize Financial Service Commission (FSC), FSC 000102/460, FCA and temporary permit 808276. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


FBS is a brokerage company offering trading services for clients since 2009 with offices in Australia, Cyprus, South Africa, Belize, United Kingdom and Nigeria.



FBS News
David Tristan
FBS received awards as Best Introducing Broker Global 2023, Best Client Support Asia 2023, and Best Forex Broker Africa 2023 at the World Business Outlook Awards 2023.
Kyla Yocelyn
FBS announced the delivery of a Mercedes-Benz CLA to the winner of the FBS Ultimate Trading Birthday and the launch of Control Your Drive to advocate trading risk management.
Kyla Yocelyn
FBS was the Best Islamic Forex Account at Forex Expo Dubai 2023, providing features according to traders' various backgrounds' demands.
Kyla Yocelyn
FBS partnered with prominent Thai YouTuber Trader Mait to join as its official Brand Ambassador.
Kyla Yocelyn
FBS partners with Education Africa to empower students at Masibambane College to help underprivileged African children obtain an equal education.
Kyla Yocelyn
FBS introduces #TradersKnowBetter to utilizes modern technology and proactive measures to ensure security and reliability in its trading services.
Kyla Yocelyn
FBS presents a series of free trading webinars in September and October 2023. The broker also provides various bonuses for lucky participants.
Aila Bastian
Finding a broker with low spreads for commodities is essential if you're interested in trading crude oil and gas. FBS just lowered its spread of those instruments.
FBS Articles
Pierre Abdul
With low spreads from 1 pip, 100 crypto assets, and leverage of 1:5, FBS crypto account is certainly one of the best in the CFD market.
Oktavina Justine
As a reputable e-payment in many forex brokers, Skrill has many favorable conditions for online transactions. Here's a guide to use Skrill for deposit and withdrawal in FBS.
Oktavina Justine
Are you interested in trading forex on FBS but then wondering about the type of account you should pick? Do not fret! This article will help you with that.
Sheena Mon
The FBS mobile app boasts a user-friendly interface and is lightweight, making it suitable for beginners. Its features are comprehensive and well-suited for on-the-go trading.
Diva Nadia
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.
Sheena Mon
FBS brokers offer features that can support news traders in executing their strategies, including an economic calendar and updated market news.
Anya Mei
FBS Quick Start bonus can be a gateway to start trading. This program will give you a $100 bonus upon finishing the 7 steps of trading for beginners.
Oktavina Justine
FBS has long been recognized as an accomplished brokers for many types of traders. What does it offer for short-term traders? Is FBS truly good for day trading?
Diva Nadia
Did you know that you can make extra income and get rewards from your broker aside from trading? Here's everything you need to know about FBS Loyalty program.
Testimonials
South Africa
Dameon Bolden
Feb 11 2024
 
FBS is no stranger to the industry. With the experience... More
South Africa
Cornelius
Feb 5 2024
 
In my short FBS review I just wanted to say... More
Mexico
Alberto Carmona
Feb 1 2024
 
fbs hassle free deposits and, withdrawals are remarkable add some... More
Colombia
Victor Perez
Jan 17 2024
 
Every tool and every application or resource I have received... More
Malaysia
Vishnu Vasudevan
Jan 10 2024
 
execution offered by this broker is the best possible way... More
Thailand
Kanin Phya
Jan 5 2024
 
FBS is transparent as glass. absolutely no hidden fees or... More

3 Comments

Hendri Simbolon

May 25 2023

A great broker, where I feel myself fully in control of everything.

The platform does not boss you around, it only provides you with choices, and you make the choices, putting your money where you choose.

You get to pick your trading conditions based on a variety of account types. You get to pick which software you want to trade with, you get to pick when you get paid, the broker does not intervene with any of the processes.

It may look like a small thing, but it is very important. It is all to do with valuing your time and money as a trader.

John Hafandi

Jun 8 2023

Very incredibly broker. They do many bonus and promos that encourage me to trade and be better.

ðŸ'Æ’ Female reviewer

Feb 9 2024

I'm very satisfied! I can trade securely and comfortably. I also liked the spreads and leverage. As a beginner, the process of choosing a platform was difficult. But thanks to FBS, this problem was solved! Thank you very much!

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