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FBS Review

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Editor's Review

FBS Rating
8
9 Security
8 Spreads
7 Customer Service

FBS is a forex broker and international financial and investment servicing company that have branches in a number of countries such as Egypt, Thailand, Malaysia, Indonesia, China, South Korea, and Myanmar. FBS has previously won numerous awards such as The Best Customer Service Broker Asia 2016 and highly recommended broker insurance of the year in Indonesia. Established in 2009, regulated by multiple jurisdictions such as IFSC and CySEC. FBS Markets Inc is stationed in Belize and Licensed for trading in securities services with the Country’s International Financial Services Commission (IFSC).

Trading accounts

FBS offers five trading accounts to the clients. All of them which offers market execution and the chance to trade micro lots in the Cent account. FBS clients may choose between variable spreads, commission-free trading, and zero spread plus commission. Additionally, FBS provides ‘swap-free accounts’ as well as VIP services. STP/ECN environment is also available with FBS.

 

The Company Status

FBS was established in 2009 and is now one of the most rising and popular global forex brokers who has won many awards. FBS offers comprehensive trading conditions, a variety of trading accounts, as well as the most popular and used trading platform MT4 and MT5.

The company FBS Markets Inc is licensed and regulated by the International Financial Services Commission of Belize (IFSC). IFSC has very liberal control over forex broker.

In 2017, FBS went ahead and obtained a forex license in one of the most popular areas of this field, in Cyprus. It operates under the regulatory oversight of the Cyprus Securities and Exchange Commission, CySEC. CySEC requires the broker to comply with lots of different principles such as capital adequacy, reports, and segregation of clients funds which we can safely say FBS has got it all sorted out to be licensed by CySEC.

 

Trading Conditions

If you are a client of FBS, you can open an account and start trading with only $1 deposit required. This minimum requirement is incredibly low compared to what most standard forex brokers offer in the market.

 

Average spreads and commissions

Spreads offered by FBS are mostly floating on the lower than most brokers offer these days. Another quite important point about FBS is that they are quite transparent with their spreads. Many brokers in the industry today claim to provide 0 pip or close to 0 pip spreads and when you actually internally check their service, it is not exactly 0 pip once you count all the commissions that they did not mention. However, FBS has noted their commissions very clearly at the beginning as well as their spreads on their accounts table for you to clearly take a look before you start with their services.

 

Leverage

The maximum leverage provided by FBS is without a doubt among one of the highest in the market for sure of 1:3000. Although this is a quite magnificent offer, traders should always be alerted that high leverage is not always a good thing as it will bring higher risk trading at the same time with higher leverage.

 

Trading Platform

FBS provides two trading platforms, MT4 and MT5. Both platforms are offered for PC, web and mobile devices.

 

Promotions

FBS provides a variety of promotions.

– 100% bonus for deposits

– Welcome bonus $123 for 7 days;

– Cashback program, allowing traders to receive up to $15 per lot.

– Partner Bonus

 

Payment Methods

FBS offers a wide range of payment methods for clients convenience such as VISA, Neteller, Skrill, Stickpay, Bitcoin, Perfect Money, Bitwallet and Astropay.

 

Conclusion

We can safely say and feel that FBS is for sure a great broker that has been in service for over 9 years. FBS brings considerable trading conditions, environment and services such as instruments and platforms and the safest parts are that they are very well regulated and licensed.

 

 


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