FBS Review 2024 Pros and Cons

BROKER REVIEWS

Summary of FBS Trading Company

 

FBS is an international broker operating in 190 countries.
FBS provides services in the Forex market globally. FBS offers its trading clients optimal working conditions and popular financial instruments.The regulator of FBS is the Cyprus Securities and Exchange Commission(CySEC), there is a guarantee of transparency and safety of the trader’s funds.

The brokerage company has been on the market for over 10 years, and during this time it has earned about 40 international awards.In addition to classic currency pairs, the company’s clients can trade indices, futures contracts, exotic currencies, and metals.FBS clients can trade currency pairs, including exotic currencies, trade indices, metals.

Pros and Cons

Pros

Pros
accounts, relatively low spreads starting from 1 pip
・a large selection of trading instruments
good trading conditions: two types of real accounts, as well as two options
 for demo trading
・a good set of financial instruments:
 you can trade currencies, contracts for differences, and metals

protection against a gap (negative balance) – will prevent the loss of the deposit
the support service works 24/7

Cons

Cons
・only two real accounts
・not suitable for short-term trading, such as scalping
・the support service works in a limited number of languages

Trading Conditions for FBS Users

Trading Conditions
Account currency USD,EUR
Minimum deposit $1
 Leverage 1:3000
Spread 1 pip〜
Instruments Forex, indices, metals, futures contracts
Margin Call / Stop Out 40% / 20%
Trading platform MetaTrader 4, MetaTrader 5, FBS Trader
Accounts Standard account, cent account, demo standard account, demo cent
Replenishment/Withdrawal Cards: Visa, MasterCard; e-wallets: Skrill, Neteller, Wire Transfer,
Rapid Transfer
Liquidity provider Currenex
Orders execution Market Execution
Trading features Advisors can be used
Contests and bonuses Yes

The FBS brokerage company offers very attractive trading conditions for traders living all over the world.Popular and exotic currency pairs, indices, futures, and metals are offered as trading instruments.

The minimum trade volume is 0.01 lot for all trading accounts. The minimum deposit is EUR 10 and the spread is 1 pip.

Account Types

Micro Account Standard Account Zero Account
Leverage  Up to 1:1,000 Up to 1:1,000 Up to 1:500
Spread 1 pip〜 1 pip〜 0 pips〜
Commission Zero Zero $5 per $100,000 traded
Base Currency Options USD,EUR,JPY USD,EUR,JPY USD,EUR,JPY
Contract Size 1 Lot=1,000 1 Lot=100,000 1 Lot=100,000
Negative balance protection
Spread on all majors As Low as 1 Pip As low as 1 Pip As low as 0 Pip

FBS Commissions & Fees

Account type Spread (minimum value) Withdrawal commission
Standard $1〜 No
Cent $1〜 No

Bonuses Paid by the Broker

・100% deposit bonus
・Cash back
・Trade 100 Bonus

100% deposit bonus

A welcome bonus allows you to double your deposit.
The bonus is unlimited. But it is only provided upon request through your personal account.

Cash back

By activating the option in the personal account, a trader can receive a cashback of up to $15 per lot.

Trade 100 Bonus

The trader registers a $100 bonus account and uses the broker’s money for a month.

Withdrawal Options and Fees

・The trader can withdraw funds to Visa and MasterCard bank cards.
・Withdrawals to electronic wallets, Skrill, Neteller, wire transfer, and Rapid Transfer are available.
・The broker does not charge a commission, but the commission can be withdrawn
by the bank/electronic payment system.
・The maximum processing time for a withdrawal request by
a brokerage company is 48  hours.

Customer Support Service

・You can contact support 24/7
・Support respond quickly
・Many options for communication
・Multilingual support: English, French, German, Italian, and Portuguese are available

FBS is the right broker for beginners and professional traders

FBS combines functionality, unique trading tools, and productivity. It also provides high-quality training materials that allow novice traders to quickly get used to trading in the foreign exchange market, as well as in the markets of stock indices and futures contracts.

The brokerage company is suitable for traders trading a wide variety of strategies.
Orders are executed quickly and spreads are relatively low. In addition, it is possible to connect the swap-free account option.

Traders cooperating with FBS trade through popular platforms such as MetaTrader 4 and MetaTrader 5.Web versions of terminals are also available. In addition, a trader can choose FBS’s proprietary mobile platform.

Open my account with FBS

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