FBS Review


FBS is a well-established broker since 2009. FBS has headquarters in China, Egypt, Indonesia, Korea (Republic of), Malaysia and Thailand. They are generally well-suited for FBS to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by CySEC 331/17 and IFSC (Belize) IFSC/60/230/TS/12. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
fbs.com

Established
2009

Country
China, Egypt, Indonesia, Korea (Republic of), Malaysia and Thailand

Regulation
CySEC 331/17
IFSC (Belize) IFSC/60/230/TS/12

Features

Bonus offers

Trading contests

Free education

Affiliate program

Islamic accounts available

Vps

Account Information

This broker offers Standart, Cent, Zero Spread, ECN and Micro. 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 $1

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$1

Maximum Leverage

1:3000

Spread

Variable and Fixed

Commission

$6


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD 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.


Forex
1:3000

Gold & silver
1:400

CFD
1:33


Minimum Deposit $1

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD 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.


Forex
1:1000

Gold & silver
1:400

CFD
1:33


Minimum Deposit $500

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex, Gold & silver and Futures 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.


Forex
1:3000

Gold & silver
1:400

Futures
1:33


Minimum Deposit $1000

Minimum Position 0.1 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex 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.


Forex
1:500


Minimum Deposit $5

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FBS also offers some instruments you would like to trade on, such as Forex 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.


Forex
1:3000

Payment Methods

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.

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.

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.

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.

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

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).

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:

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

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 IFSC 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 brokers 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.

In all types of accounts, provided spreads start from 1 pip. 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 tools: 28 currency pairs and 2 metals.

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 depositing 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.

To increase the security of client funds, FBS also provides segregated account where 70% of funds can be deposited in the client bank. This broker also presents something unique; a guarantee 10% to 100% of the deposit fund. If a trader loses funds during a transaction but is insured, FBS will refund the trader's funds.

Traders also have the opportunity to develop a side business when trading at FBS brokers, 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, Dutch, 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.


Give Your Review and Rate This Broker



40 Reviews


Martin

Jul 28 2020

I have a good experience with FBS. The withdrawal is super fast

A couple of days ago I placed pending order but I found it not executed correctly so it's a bit disappointing. Hope it doesn't happen again

t. morozov

Jul 28 2020

Honestly, it's been 1 year since I opened an account in FBS and I never face any significant problem. Once I got a deposit problem due to the bad quality of the proof of payment. They requested me to resend the picture and all was good after that. For me they have the best withdrawal and client support

Always Andrews

Jul 28 2020

I've tried withdrawing from my account 3 times and the total amount of withdrawal was $1500. I never run into problems. Everything's fine within 3 hours, and my trades are always executed perfectly.

Thanks FBS. Hope you can maintain your quality and keep being a trusted broker. I intend to trade for the long term after all

Da Perry Black

Jul 28 2020

Imo FBS gives the best analysis to improve my trading performance.

Also, their promotion and contests are awesome

 

Hunter

Jul 28 2020

Thank God everything's fine and I never meet any trouble trading with FBS. Every broker has their advantages and disadvantages, we just have to optimize the advantages and minimize the risk from the disadvantages.

 

Henry day

Jul 28 2020

In my experience, FBS never gives me problems even when I requested some $1000 withdrawals. The process only took 2 hours most of the time.

My deposits are also great. Every time I'm researching a potential broker, I always read their terms and conditions, their promotions' pros and cons, so that I can never be trapped by said conditions.

Always put cautions when you trade and you will be safe trading in every broker.

Agustine_hart

Jul 28 2020

This broker actually suits me so well. Their deposit, withdrawal, and verification are all smooth. 5 stars for them!!!

 

Cole57

Jul 28 2020

I'm sure everything will go well if we follow their terms accordingly. Like when we transfer funds, we should attach the proof for validation. I believe FBS is a professional broker considering their years of experience in this industry

Robert Baker

Jul 28 2020

FBS is good enough for me.. no problem so far.

Those who have problems with this broker... I never understand them. They're mostly trolls from competing brokers

Ivan Sokolov

Jul 28 2020

I trade in FBS because of their efficiency in deposit and withdrawal. Sadly, their service has worsened lately. They used to process payment in hours now they can take up to more than a day

Lia Adm

Jul 27 2020

why is it so long to get pin recovery. i never receive help from the support. I need to withdraw my money!

Teddy Wallace

Jul 27 2020

I wonder why it's so difficult to log in the personal area even after I input the right email and password smh

Graham

Jul 27 2020

I used to be an FBS client. I changed broker cz they failed my withdrawal requests. With the same trading strategy, I can be profitable and withdraw my fund in another broker.

FBS still has my respect, and I still have a plan to trade with them... maybe someday if I have disposable money. They have a good service for newbies after all.

The thing is, I hope they fix some things so clients can get better service. One instance is their PIN Recovery. It'd be better if they enable clients to click the code repeatedly, or just send it via email.

The one click policy is really bothering for most clients... and it's so unfortunate since any investment activity should not be bothered by such trivial matter.

Mason1000

Jul 27 2020

First Impression: quick account opening and instant deposit.

But when it's time to withdraw, there's an incorrect pin notification. It's weird as I never change the pin.

What's worse is I have requested pin recovery for 5 times, each request takes up to 24 hours for verification, and every one of them always results with similar email replies; none of them takes me to a certain page revealing my new pin.

Ian Thompson

Jul 27 2020

What an amazing experience I have with FBS.... Deposit went super fast. Now, what about the withdrawal? is everything still the same if I request $1000 withdrawal?

Ax_henderson

Jul 27 2020

This broker is ok for me. Account funding is good without the fixed rate, quick process, and the MT4 server is also great. It is only the withdrawal that I'm not sure about.

TradeWisely

Jul 23 2020

I don't have the slightest intention to smear their reputation, but what they did to me is just too cruel.

They did me wrong in so many things. But the most hurtful one is when they manipulate the closing price. Imagine to always got your price chopped when you're in the profit and to always have your price added when you're loss. Yes!! That's what happens to me regularly.

Just consider wisely before choosing this broker. You will find that you lost your money most of the times with this broker.

Philip Carl

Jul 23 2020

I had the worst experience trading with FBS.

I opened a Buy Stop on EU a few days ago, but the order was executed when the price moved lower. I checked it later and there was no evidence that the pair visited my Buy Stop level.

I've sent many complaints about it via email. And sadly none of them haven't been answered. Where is their responsibility????

Preeston

Jul 23 2020

I like FBS better and better every day. Their condition is one of (if not) the most accommodating for every type of traders. It really puts them in a high position among other brokers. Their cent account with leverage up to 1:1000 is a great opportunity for small traders to profit immensely.

Andrea Maxwell

Jul 23 2020

I'm one of FBS' loyal clients. I can testify that their payment process is always quick (only 1-2 hours), with low spread and responsive client support.

Their 60% deposit bonus is also very helpful as a trading credit. I manage to earn more than 500$ with the bonus.

El Major

Jul 23 2020

Not bad. I give them 7.5/10.

Just wish that they keep prioritizing their clients and not make their tricks too harmful for clients' funds.

Icarus

Jul 23 2020

why did it take so long just to make a deposit.. argh!!

Jack.presley

Jul 23 2020

Spread in my GBPUSD trades suddenly went up to 700 pips, but it benefited me since I place the trades in the correct position. But then my profits were canceled. Isn't it an obvious sign that they really manipulate the pricing?

Soren

Jul 23 2020

I almost "cheated" on my current broker to trade with FBS. What makes me avoid trading with this broker is the negative rumours spread among my trader friends. They said that getting verified in FBS is a nightmare. Also, the bonuses are mostly unwithdrawable.

Tinke Natalie

Jul 23 2020

Watch out for their bonus programs. Trading with the bonus account can disrupt your margin level. One of my clients got MC although his margin level is still 1000%. In my opinion, this kind of condition really mess up the money management. However, it's true that their withdrawal process is top-notch.

Barbera33

Jul 23 2020

A little fact about this broker, they like to increase spreads on pending orders. At times it can even reach 40 pips. I saw it with my own two eyes a couple of weeks ago in my GU trades. 

But I think it's quite normal even though some reviews have said the same thing about their "interest" to disturb GU spreads.

Speaking of withdrawal and deposit, I gotta admit that FBS is pretty good with them. They also give some traders 30% bonus for deposit to add their margin. Execution is fine and I never meet requotes

Abys Ryan

Jul 23 2020

They said withdrawals only take 1-3 hours, but the fact is I haven't got my fund in more than 2 days. Where does my money go? It's like they disappear up in the air

Didier Z

Jul 23 2020

I sometimes doubt FBS considering their bad rep among traders. Most of their reviews are negative especially concerning their SL/TP execution that result in so many loss positions.

Edwin Calahan

Jul 23 2020

A few days ago my hedging position got MC. They put back my positions only after I emailed them about it.

Just so you know, spread widening is their go-to answer for this kind of problem

Dicky Shepherd

Jul 23 2020

I'm so disappointed in FBS. They modified my SL to increase my loss and canceled my Pending Order without any reason. I later learn that my Pending Order would've been ended up with profit if it was not canceled.

Santiago

Jul 23 2020

I lost my trades two times just because of the MT4's poor performance. Their platform somehow differs from other brokers', both for the pricing and the indicator application. They failed my Stoploss so many times it makes me wonder why it seems like they don't bother to conceal their fraud at all

Nigel Peterson

Jul 23 2020

Most of the time the platform will disconnect. When it re-connects everything becomes lagging.

DominicFx

Jul 23 2020

This broker is a thief

When the market watch shows 00.00-02.00, the spread will jump and it can be up to 12 pips.

This is what makes many traders loss imo

Anders G.madsen

Jul 23 2020

Try to use an EA and u'll find many requotes and invalid prices

Marteen Khyrs

Jul 23 2020

After suffering an MC I was traumatized for two years. But then I found FBS about a year ago and I can say that their service is near perfect. The server is reliably fast and my withdrawal is accepted in less than 24 hr.

No requote in sight so far...

Alan 1156

Jul 23 2020

The most accomplished broker I know. Almost all of the necessary trading feature is here. Withdrawal via local banks is also available, n the process is super fast XD

DanyHeit

Jul 23 2020

Two thumbs up for FBS. It is one of the most recommended brokers. They have customer support like no other. They don't make excuses. During my 1.5 year experience with them, everything's still fine.

Steve Wayne

Jul 23 2020

I've tried trading here with low deposit and the service is pretty satisfying. Each problems are replied within 24 hours. I hope my withdrawal next month is also good, fast, and simple. Go FBS!

N Atika

Jul 15 2020

FBS cheated my xau/usd trade. I got MC at 1480.93 while the price on MT4 is at 1479.39...

Vladimir R.

Jul 15 2020

I'm very struck by the possibility of operating pharmaceutical actions with FBS. In these times of the Coronavirus, the health issue is in the first place, it's interesting to be able to trade the shares of pahrmaceutical companies.