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FBS Review

FBS Review

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General Features, Location and Regulation of FBS Broker

FBS is an international broker with more than 190 countries of presence. 9 000 000 traders and 370 000 partners have already chosen FBS as their preferred Forex company.

To provide the best customer experience FBS organizes seminars and special events, providing its clients with training materials, cutting-edge trading technologies and latest strategies on the Forex market. Both newbie and professional traders will find these sessions useful.

Reviewed broker: FBS

Established in 2009

Operating under FBS Markets Inc and Tradestone Limited 

Location: Russia

ECN: yes

STP: yes

Regulation: IFSC; Cysec (Cyprus Securities and Exchange Commission)

Account types, except ECN account, support the following trading instruments: 35 currency pairs, 4 metals, 3 CFD, and 4 cryptocurrencies including Bitcoin

Broker Achievements

Founded in 2009, FBS has received numerous international awards, proving its worth to the customers. The company received the titles of the Best FX IB Program, Best FX Broker Indonesia, Best Forex Broker Southeast Asia and Best Forex Broker Thailand, Best International Forex Broker, and an award for the restoration of a damaged road and houses reconstruction for the villagers issued by the Government of Indonesia in 2017, as well as Best Customer Service Broker Asia 2016, Top IB Program 2016, Highly Recommended Broker Insurance Company in Indonesia of the year, Best Forex Brand, Asia 2015, Best Safety of Client Funds Asia 2015, Best broker in Asia-Pacific region 2015, Best broker in the Middle East, and many others.

Why should you choose FBS?

With FBS it is easy to make money trading Forex. The broker strives to provide the best customer experience and give the widest opportunities to the traders!

FBS Broker Features

Trading Platform Features of FBS

Trading platforms: Metatrader 4, Metatrader 5

Account types: cent, standard, zero spread, ECN

Islamic swap free accounts: yes

Trading signals: yes

VPS services: yes

Automated trading: yes

Scalping: allowed

Hedging: allowed

Spread types: floating, fixed

Spreads start from 0 pips (floating), 3 pips (fixed)

Commission: from $20 (zero spread account), from $6 (ECN account)

Maximum leverage: up to 1:3,000

Limit on open and pending positions: 200

Order volume: from 0,01 lots

Currency pairs: 31

Margin call: 40%

Accounts

FBS Account Reviews

Deposits/Withdrawals Payment methods within the broker

Payment methods: credit cards, fasapay, Indonesia local banks, neteller, okpay, perfectmoney, skrill, webmoney, wire transfer, Thai local banks, Exchangers, Malaysian banks and Bitcoin by Skrill

Minimum deposit requirement: $1

Customer Service

Online chat: available

Email support: yes

Phone representatives: yes

Educational Material and Promotions

Education: Forex analytics with latet forecast and currency trading ideas, webinars, Forex TV, economic calendar, central banks rates, forex guidebook, tips for traders, video lessons, seminars.

Promotion: 100% deposit bonus, bonus $50, Cashback receive up to $7 per lot, Get an iPhone X just for trading with FBS, VPS server, Fix rate, FBS Pro trade demo account and win up to $450, "Get car from FBS", "Dreams come true" 

Advantages

  • Choice of Several Accounts
  • Regulation
  • Demo Account

Disadvantages

  • High spreads on some accounts

Frequently asked questions

How does Demo account differ from a Real trading account?

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.

How can I make a deposit and withdraw funds?

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.

How can I change leverage?

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.

What are Margin Call and Stop Out levels?

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).

When can I trade?

Time of the trading server operation is from 00:00 on Monday to 23:00 on Friday terminal time (GMT+3).

How to see the full list of available symbols (trading tools) on Metatrader 4?

Right-click in the “Market Watch” window and choose “Show All” option in the opened menu.

How was the rating of FBS performed compared to other brokers? 

This 2020 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on FBS FX broker performance and features. 

Overall our online FBS review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online FBS or you find inaccurate details FBS Capital broker review please get in touch with us and the changes will be applied.