Are you looking to know everything about FBS Broker? This is a complete guide on FBS trading. Get unbiased customer reviews, ratings, and many more. Let's rock and roll below!
Demo Account | Yes |
Minimum Deposit | $1 |
Max Leverage | 1:3000 |
Spreads from | 0.01 |
Type of Broker | ECN |
Tradable Assets | Currencies, Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities and Cryptocurrencies |
Deposit Options | VISA, bitwallet, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay, GlobePay |
Established | 2009 |
Regulated by | IFSC, CySEC |
Telephone | +35725123212 |
Customer Support | 24/7 in 18 languages |
When it comes to “choosing Forex broker ” you have so many options to look for and guess what?
FBS Broker is one of them. However, if you end up investing in something that’s not worth it, then you won’t be investing in any business because of “Fear.”
"This Forex broker provides you super-fast trade execution within 0.40 seconds for 95% of trades"
So, that’s why we are assisting the readers with “Complete reviews of Broker” because we know “How important it is to know the in-depth details of the broker you want to invest in.”
If you’ve got a wish of “Investing in FBS Broker,” then we recommend you to read the complete review because we will be breaking down everything without being “Biased.”
Let’s rock and roll!
When talking about the History, FBS Broker came into being in 2009 and started to gain the fame and respect it richly deserved. After the launch, they started to witness 7000 daily investors joining the table and trusting the “FBS Group” all for good reasons.
They started targeting the Forex Market in the beginning, but after achieving so many investors (13 million traders), they inaugurated CFDs, Stock Exchange and a lot more to invest.
That’s enough of the “History” part, and we should now be moving towards regulations, account types, and trading platforms.
Here we go again;
Yes, FBS is regulated by:
But, that doesn’t mean “FBS” is free from the criticism, they are receiving hundreds of reviews on a daily basis, and they are working to improve it.
So, there are different types of accounts that FBS is dealing with, and all have their own privileges. We are listing everything down with a brief detail to help you choose the perfect fit for you.
So, you can choose the account of your type and start your trading real quickly. But wait, there are a lot of things to consider, and you can have the Knowledge of everything by reading the complete content.
Scroll down!
Just like other trading platforms, FBS do deal with different trading platforms, and they are as follow:
You can get MT4 for the following devices:
You can get MT5 for the following devices:
Now, it’s time to step up the game and discuss extremely important topics related to FBS Broker. We will be discussing spread, execution time, commission/fees, leverage/margins, and customer service of the FBS platform.
Let’s break down every single detail.
If you’re planning to open the FBS account, you’ll witness different spreads for each of the accounts. We have discussed everything in detail already, but let’s recall the moments once again.
There are two types of spread that FBS is dealing with:
You can scroll up to see the spread for every account type.
Let’s now talk about the execution time.
Just like other brokers, they do deal with two types of execution:
In the FBS MT4 and MT5 platform, the order is executed at the prices that you offer to the broker. If the broker accepts your “Request” of executing the order, your trading shall be performed instantly.
In the FBS MT4 and MT5 platform, market execution means that “You have the tendency to place an order by defining only the volume.” The advantage of market execution is that “Your client will never reject your request in case of any price hike” and your client will execute the order with current prices.
It’s time to talk about commissions and fees of FBS Broker, let’s get started!
We are writing the details about “Commission and Fees” in a table, have a look at the informational table down below:
Rollover Fee |
There’s no rollover fee that FBS asks you for. |
Margin Interest |
They won’t ask you for any Margin Interest. |
Depositing Fee |
It is completely reimbursed by the FBS. |
FBS is providing you with 5 types of accounts that we have discussed above, and it’s totally up-to with what leverage you want to trade with. They are dealing with leverage from 1:50-1:3000, but the leverage is completely dependent on “What type of account you’re using.”
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It provides you with access to additional funds because you’re asking the other client for money. |
Just like you gain profits, you can lose a lot of money real quick |
You can gain larger positions in the market with the help of FBS Broker Leverage |
With CFD trading account policies, you can lose a lot of money, and that’s totally non-refundable |
Your profit shall increase dramatically with FBS standard and unlimited account leverage |
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Do you want to know the answers to questions related to your account if you run into a situation where you need the help of “FBS Customer Service?” they are 24/7 available to help you.
You can go to the “Faqs” section of the website and search for your questions. They have already answered thousands of questions there.
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24/7 Service |
Limited Knowledge about things |
Fast Responses |
Limited Sharing of Data |
100% Client Satisfaction |
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So, are you convinced with the information above and now willing to open an account on “FBS Broker?” Just follow the instructions given below, and you’ll end up having an account.
Let’s talk about it!
But wait, that’s not the end. Before you get started, they will ask you for the following information:
Let’s now talk about “How to deposit/withdraw profit money from “FBS BROKER.”
To withdraw your money from “FBS BROKER” you’ve to follow the steps/instructions down below:
Let’s now compare FBS Broker with XM
Let’s compare everything in a table to make you understand things clearly:
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Ratings: 9/10 |
Ratings: 9.7/10 |
Spot Forex: Yes |
Spot Forex: Yes |
Forex CFDs: Yes |
Forex CFDs: Yes |
Spread Betting: No |
Spread Betting: No |
Social Trading: Yes |
Social Trading: No |
Forex Currency Pair: 28 |
Forex Currency Pair: 55 |
Commodities Offer: 2 |
Commodities Offer: 15 |
Stock Offered: N/A |
Stock Offered: 160 |
MT4: Yes |
MT4: Yes |
MT5: Yes |
MT5: Yes |
Web Trader: Yes |
Web Trader: Yes |
Custom Platform: No |
Custom Platform: No |
So, that was a brief comparison between the biggest giants. Let’s now talk about the advantages and disadvantages of FBS Broker.
There are a few advantages and disadvantages of every single thing in the world, and so does FBS Broker. Here they are”
To keep yourself updated with every single detail of FBS Bonus, Contest and Promotions, subscribe to their “Daily Mail” notifications because they come up with different things every day.
Currently, they are handing over $50 for opening up an account with the leverage of 1:500 and making your profile and profit growth. To open the account, you can follow the instructions given above.
You can now take part in the FBS Pro Contest where you don’t have to submit the real amount, and you can win up to $450 every two weeks. To keep yourself updated, you’ve to visit their official website to see news/updates.
You can double your amount at the first deposit because they are giving you a 100% deposit bonus as a promotion of FBS. To get this bonus, you have to open the account, and it’s for everyone, not for a specific region.
So, finally, it’s time to move to our last topic, and that is “Pros and Cons of FBS Educations.”
Let’s talk about it!
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Free Education |
Language is still a barrier because it is rolling in more than 190 countries around the globe. |
Education is more than 50 languages |
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Free tutorials on setting up accounts and community to educate you to learn hot topics |
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So, that’s all from the topic “FBS Broker” and if you still have any questions in mind? Feel free to comment down below.
With Demo-account, you can learn Forex market trading, master and test your own trading strategies and expert advisors online absolutely free of charge. Trade under real trading conditions on virtual funds. Choose Demo upon registering an FBS account.
You can fund your account in your Personal area, via “Financial operations” section, choosing any of the available payment systems. Withdrawal from a trading account can be executed in your Personal area via the same payment system that was used for depositing. In case the account was funded via various methods, withdrawal is executed via the same methods in the ratio according to the deposited sums.
You can recover your PIN-code in your Personal Area on the PIN-code recovery page (available after clicking on the green button near your name in the upper panel). You will need to fill in as many fields in the appearing form as possible, attach color copies of the documents that you used for account verification and click “Send Request” button.
Your request will be considered within 24 hours. In case your identity is confirmed, you will receive an e-mail with a recovery link. This link can be used only once. The page with your new PIN-code will be available for 24 hours only. We strongly recommend you to remember or save your new PIN-code in a secure place.
Margin Call is an allowed margin level (40% and lower). At this point, the company is entitled but not liable to close all open positions of a Client due to the lack of free margin. Stop Out is a minimal allowed level of margin (20% and lower) at which the trading program will start to close Client’s open positions one by one in order to prevent further losses that lead to negative balance (below 0 USD).
Verification is necessary for work safety, prevention of unauthorized access to personal data and funds stored in your FBS account, and easy withdrawal.
1. Choose the Verification section in your Profile settings (green button near your name in the upper left-hand part of the screen) or follow this link.
2. Fill in the necessary fields. Please, enter correct data, exactly matching your official documents.
3. Upload color copies of your passport or government-issued ID with your photo and address proof in 'jpg', 'jpeg', 'png', 'gif' or 'pdf' format of a total size not exceeding 5 Mb.
4. Click the button “Send request”. It will be considered shortly after, the maximum time of consideration being 24 hours. In case your request is declined, you will receive a notification to your e-mail address; the reason of decline will be stated in your Personal area.
You can change leverage in your Personal Area on the account settings page (available after clicking on the account number you need in the table on the left) in the “Leverage” section.
You will need to click on “Change leverage” link, set the necessary leverage adjustment and then click on "Save". Attention! Leverage change is possible only once in 24 hours. It is impossible to change leverage if there are any open orders on the account.