At tradingcritique.com, we have conducted a comprehensive review of FBS, an internet-based brokerage firm that specializes in Forex and CFD trading. Our analysis delves deeply into the credibility of the broker, as well as their leverage offering, spreads, and minimum deposits.
Table 1: FBS-Online Forex Broker Overview
| FBS Broker Highlights | |
|---|---|
| Account Types | Standard AccountCent AccountECN AccountZero Spread AccountMicro AccountCrypto Account |
| Demo account | YES |
| Islamic Account | YES |
| Market Instruments | ForexMetalsIndicesEnergiesForex ExoticStocks |
| Trading Platforms | FBS TraderMetaTrader 4MetaTrader 5 |
| Minimum deposit | $1 |
| Maximum Leverage | 1:3000 |
| Funding & Withdrawal Methods | Visa, MasterCardE-walletsWire Transfer |
| Customer Support | 24/7 |
FBS Broker Review- An Intro
FBS is a global broker with offices in more than 150 countries. It is already the preferred Forex Company of 17 million traders and 410 thousand partners.
Regulations and Trust ability Review of FBS Broker
FBS is a reputable Forexbroker with a license from the International Financial Services Commission (IFSC), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the FSCA since 2009, making it a trustworthy and trusted broker. It has its headquarters in Belize. It is an official commercial partner of FC Barcelona and an official main partner of Leicester City Football Club. The Negative balance protection is provided by the broker
Table 2: Regulation Details in FBS -Online Forex Broker Website
| Entities Name | Regulation | Country | License Number |
|---|---|---|---|
| FBS Markets Inc. | The International Financial Services Commission(IFSC) | Belize | IFSC/000102/198 |
| Trade Stone Limited | The Cyprus Securities and Exchange Commission (CySEC) | Cyprus | 331/17 |
| FBS Oceania | The Australian Securities and Investments Commission (ASIC) | Australia | 426359 |
| Trade Stone SA (PTY) Limited | The South Africa Financial Sector Conduct Authority (FSCA) | South Africa | 50885 |
Review of Accepted & Denied Countries of FBS Broker
Table 3: Accepted & Forbidden Countries in FBS – Online Forex Broker Website
| Accepted countries | Forbidden countries | |
|---|---|---|
The United Kingdom Austria Slovakia Slovenia Spain The Netherlands Norway Poland Portugal Romania Liechtenstein Lithuania Luxembourg Malta Croatia | Iceland Ireland Italy Latvia France Germany Greece Hungary The Czech Republic Denmark Estonia Sweden Finland Belgium Bulgaria | Japan The Islamic Republic of Iran The USA Israel Canada Brazil The UK Myanmar Malaysia Israel |
Review on Awards of FBS Broker
FBS was formed in 2009 and has won multiple international awards.
Table 4: Awards in FBS – Online Forex Broker Website
| Awards of FBS | |
|---|---|
| – Best Forex Broker Thailand – Best Investor Education – 2017 – Best FX IB Program – China 2017 – Best Copy Trading Application Global – 2018 – Best Forex Broker Asia – 2018 – Most Transparent Forex Broker – 2018 – Best Forex Trading Account – 2018 – Best International Forex Broker – Best Customer Service Broker Asia – 2016 – Best FX IB Program | – Best broker in Asia-Pacific region – 2015 – Best Broker in the Middle East – Best Forex Broker Vietnam – 2019 – Top IB Program – 2016 – Best Forex Broker Southeast Asia – Most Progressive Forex Broker Europe – 2019 – Best Forex Brand Asia – 2015 – Best Safety of Client Funds Asia – 2015 – Best FX Broker Indonesia |
Trading Instruments Review of FBS Broker
FBS offers FX and CFDs on stocks, stock indices, commodities, and cryptocurrencies, among other markets.
Assets of FBS
Forex
Metals
Indices
Energies
Forex Exotic
Stocks
Forex
With a daily turnover of trillions, the foreign exchange market, usually referred to as Forex or the FX market, is the largest trading market in the world.
Metals
FBS trades precious metals such as gold, silver, platinum, and palladium.
Indices
Indices, often known as indexes, track the price fluctuations of a set of stocks over time.
Energies
Crude oil is the most popular commodity in the energy industry. WTI and Brent are the two main crude oil brands that you may trade with FBS.
Forex Exotic
A lightly traded currency is referred to as an exotic currency in the foreign exchange market. Exotic currencies trade in small volumes, are highly volatile, lack market depth, and are illiquid.
Stocks
Stocks are a sort of capital that can be raised by a company issuing and consenting to shares. It refers to the buying & selling of stocks, shares, and equities on a stock exchange.
Table 5: Most Popular Assets in FBS – Online Forex Broker Website
| Assets | Metals | Indices | Energies | Forex Exotic | Stocks | Crypto |
|---|---|---|---|---|---|---|
| ACADAUDIOAUDREYANDAUGUSTCATCHCHFJPYMURADEURUSDGBP AUDGBPCADGBP CHFNZDUSDUSDCAD | AUGUSTXAUUSD | AU200DE30ES35EU50FR40HK50JP225UK100US100US30US500 | ZBRUSHXNGUSDXTIUSD | ENJOYEACHAUTRYUSDBRLUSDCNHUSD RUBUSDTRYUSD ZAR | AMAZONANDAPPLECOCA-COLADELLDISNEYEBAYFACEBOOKFORDGOOGLEINTEL | BITCOIN CASHBINANCE COINBITCOINDASHEOSETHEREUMLITECOINNEOSHIBATRONSTELLARRIPPLEZCASH |
Trading Platforms Review of FBS Broker
MetaTrader is the most popular trading platform in the world, with millions of users. MetaTrader 4 and 5 are available for both web and desktop at FBS. In addition to the MetaTrader 4 and 5, FBS offers its own FBS Trader mobile app for mobile trading.
Trading Platforms of FBS
FBS Trader
MetaTrader 4
MetaTrader 5
FBS Trader
FBS Trader is an app for mobile devices which is available in both App Store and Google Play. You may open real & demo accounts, log into existing ones, and track your success on the market with the FBS app. In only a few clicks, you can follow markets and place orders, and invest in Forex, stocks, cryptocurrency, metals, and energy.
MetaTrader4
MetaTrader 4 is available from FBS for Windows and Mac, as well as IOS and Android mobile platforms. MT4 offers a trading platform at your fingertips, allowing you to evolve as a trader from anywhere and at any time technical analysis features include 50 indicators & charting tools, one-click trading and integrated news, four types of pending orders, Hedging Icon, Hedging positions, VPS Icon, and VPS service support. You can download the MT4 platform for android, windows, apple iOS, apple macOS, web trader, and MultiTerminal.
MetaTrader5
MetaTrader 5 has a broader range of analytical tools, and the ability to trade equities and commodities. It provides technical analysis tools such as 90 indicators & charting tools, one-click trading and embedded news, 6 types of pending orders, VPS service assistance, an economic calendar, hedging positions, and 21 periods. You can download the MT5 platform for windows, android, apple macOS, apple iOS, & web trader.
Account Types Review of FBS Broker
The account registration procedure is simple and takes less than ten minutes to complete. It provides six different account types.
Account Types of FBS
Standard Account
Cent Account
ECN Account
Zero Spread Account
Micro Account
Crypto Account
Standard Account
The Standard account features ultra-low spreads and no commissions. You may choose the leverage you want (up to 1:3000) and take advantage of our appealing promotions, such as the Level Up Bonus, which offers you up to $140 for free, and the 100% Deposit Bonus. The Forex, metals, indices, energies, Forex exotic, and stocks trading instruments are supported by the Standard account. This account supports both the MT5 & M4 trading platform.
Cent Account
A cent account is a trading account where the balance is presented in cents and transactions are also completed in cents. It implies that if you deposit $10, your account will be credited with 1000 cents. The risk of trading on the Cent account is minimal. The Cent account allows customers to trade smaller lot sizes and start an account with a cheaper initial investment than any other account. To open a Cent account, you simply need to deposit $1. The Forex, metals, indices, energies, Forex exotic, and stocks trading instruments are supported by the Cent account. This account supports both the MT5 & M4 trading platform.
ECN Account
Professional traders who want the best trading conditions can choose this type. Buyers and sellers can trade directly without the use of a middleman with an ECN account. An initial deposit of $1000 is required to start an ECN account. The primary benefits of this account are the fastest market execution, low spreads (from – 1 pip), best quotations with no wait, and a large choice of liquidity providers. The spread upon this ECN account is so tight, FBS charges a $6 commission. This account supports both the MT5 & M4 trading platform.
Zero Spread Account
The key aspect of a Zero Spread account is that it has no spread. Trading with a zero spread will allow you to maximize your profit and produce more accurate income forecasts. Although this account does not require a spread, it does demand a $20 per lot fee. It provides traders with a leverage of up to 1:3000 and a maximum of 200 active positions and pending orders. The Forex, metals, and Forex exotic trading products are supported by the Zero Spread account. On MetaTrader 4, FBS offers the Zero Spread account.
Micro Account
A micro account is the best option if you want to know information about your profit. FBS’s trading tools, such as the Trader’s calculator, and the Micro account may help you assess your profit accurately. It features a fixed spread of 3 pips and leverage of up to 1:3000, making it ideal for individuals looking to acquire expertise and develop trading strategies. The Forex and metals trading instruments are supported by the Micro account. On MetaTrader 4, the Micro account is accessible at FBS.
Crypto Account
If you want to experience the world’s newest and most fascinating asset class “cryptocurrency” the Crypto account is an excellent choice. Due to the significant volatility of Bitcoin, Ethereum, and other digital currencies, traders can profit from price fluctuations. More than 100 instruments are supported by the Crypto account, including coins, coin-fiat, coin-coin, and coin-metals. Only MetaTrader 5 allows you to open a crypto account.
Demo Account Review of FBS Broker
Demo accounts are available for the Cent and Standard accounts at FBS. There is MT4 and MT5 integration, as well as a variety of instruments accessible for practice trading with no deposit required.
Islamic Swap – Free Account Review of FBS Broker
FBS also offers swap-free Islamic accounts that adhere to Sharia law.
Review on Fees and Commissions of FBS Broker
Spreads, minimum deposits, withdrawal fees, and other related charges are the most important ways to estimate the cost of operations with FBS. There are no fees for deposits, withdrawals, inactivity, or account maintenance.
Table 6: Fees & Commissions of all Accounts in FBS – Online Forex Broker Website
| Details | Standard Account | Cent Account | ECN Account | Zero Spread Account | Micro Account | Crypto Account |
|---|---|---|---|---|---|---|
| Initial Deposit | $100 | $1 | $1000 | $500 | $5 | $1 |
| Spread | From 0.5 pip | From 1 pip | From 1 pip | Fixed, 0 pip | Fixed, from 3 pips | From 1 pip |
| Order Volume | 0.01-500 lots | 0.01-1000 lots | 0.1-500 lots | 500 lots | 0.01-500 lots | 0.01-500 lots |
| Leverage | Up to 1:3000 | Up to 1:1000 | Up to 1:500 | Up to 1:3000 | Up to 1:3000 | Up to 1:5 |
| Commission | $0 | $0 | $6 | From $20/lot | $0 | 0.05% for opening & 0.05% for closing positions |
| Maximum Open Positions & Pending Orders | 200 | 200 | No trading limits | 200 | 200 | 200 |
| Market Execution | From 0.3 sec, STP | From 0.3 sec, STP | ECN | From 0.3 sec, STP | From 0.3 sec, STP | From 0.3 sec, STP |
Funding Methods Review of FBS Broker
The cent account offers the minimum deposit, which starts at $1. FBS accepts a variety of payment options, including a variety of electronic payment systems, credit and debit cards, bank wire transfers, and currency exchangers. It does not charge a fee for making a deposit.
Table 7: Funding Method & Processing Time in FBS – Online Forex Broker Website
| Deposit Method | Processing Time |
|---|---|
| E-Payments | Instantly |
| Credit or Debit Cards | Instantly |
| Bank Wire | Instantly |
Withdrawal Methods Review of FBS Broker
You may withdraw money using credit/debit cards, bank transfers, or E-wallets. All withdrawal requests are processed on a first-come, first-served basis by the FBS Financial Department. The time it takes to transfer funds to your account will, however, be determined by the payment method. A bank wire withdrawal requires a minimum of $50 and $1 for all other payment systems. Withdrawing funds from FBS is completely free.
Table 8: Withdrawal Method & Processing Time in FBS – Online Forex Broker Website
| Withdrawal Method | Processing Time |
|---|---|
| E-Payments | 15-20 minutes, max 2 days |
| Credit or Debit Cards | 15-20 minutes, max 2 days |
| Bank Wire | 48 hours of processing time |
Basic Currencies Review of FBS Broker
USD
EUR
Trading Conditions Review of FBS Broker
Execution Policy
Leverage
Copy-Trading
Trading hours
Execution Policy
Asset values fluctuate in milliseconds, and your capacity to make and implement choices has a direct impact on performance. As a result, FBS feels committed to providing clients with the fastest feasible order execution. 95 percent of orders are fulfilled in under 0.4 seconds. Orders are executed via Market Execution in all FBS accounts. Market orders, limit orders, stop orders, and trailing stop orders are all available to FBS clients.
Leverage
Leverage allows a trader to place orders for sums far greater than their original deposits, allowing them to earn handsomely even with little input. You choose the leverage you want to trade with at FBS, which ranges from 1:50 to 1:3000. The amount of leverage you have will also be determined by the sort of account you have. Only at FBS will you discover such a one-of-a-kind Forex service with the leverage of 1:3000.
Copy Trading
This social trading tool allows you to follow the best market performers’ techniques & copy them to make money quickly. It introduces people to the financial market and assists you in making intelligent investment decisions.
Trading Hours
Stocks are not available 24/7 which is dependent on stock exchanges. Some instruments, like cryptocurrency pairings, are accessible 24/7. It provides equities from a variety of stock exchanges throughout the world, knowing the instrument’s open hours on your trading interface.
Table 9: Trading Hours in FBS – Online Forex Broker Website
| Continent | Trading Hours |
|---|---|
| American (New York) | 15:00 – 00:00 |
| European (London) | 10:00 – 19:00 |
| Asian (Tokyo) | 02:00 – 11:00 |
| Pacific (Sydney) | 00:00 – 09:00 |
Trader’s Tools Review of FBS Broker
Trading Platforms of FBS
Economic Calendar
Trading Calculator
FBS currency converter
Economic Calendar
An economic calendar is a tool that allows traders to conduct fundamental analyses of markets related to economic news.
Trading Calculator
The Trader’s Calculator is a helpful tool for calculating potential costs and risks prior to opening a position in trading. This calculator will assist you in making the best possible trading selections.
FBS Currency Converter
The FBS Currency Converter is a free online currency converter. It translates one currency to another and calculates the exchange rate.
Education and Research Review of FBS Broker
On the FBS website, there is a thorough training section where anyone can learn everything they need to know about trading. A fast guide to Forex, trading advice and video lessons are all available from the firm. Webinars are also held by the firm. Beginner, elementary, intermediate, and advanced levels are grouped into this area.
Bonuses & Promotions Review of FBS Broker
A Level up Bonus of up to $140 is available, as well as a 100% Deposit Bonus, Cashback Bonus, as well as a variety of additional incentives. You may double your deposit with a welcome bonus. The bonus is limitless. A trader can get a payback of up to $15 per lot by enabling the option in their account. The trader opens a $100 bonus account and borrows money from the broker for a month.
Rewards & Risk Review of FBS Broker
FBS Broker has both advantages and disadvantages which are listed in table 10.
Table 10 :Rewards and Risks of the FBS Broker
 Pros |  Cons |
|---|---|
| 100% deposit bonus for trading. | Fees on both deposits and withdrawals vary depending on the payment method. |
| Easy-to-use trading instruments. | EU, UK, and Australian clients have fewer account options compared to those from other regions. |
| Regular contests and promotions. | |
| Affiliate commissions are transparent, offering up to $80 per lot. | |
| Deposits and withdrawals available in any currency via any mechanism. | |
| 24/7 customer service in the native language. |
Customer Support Review of FBS Broker
In 20 languages, a professional support team responds to clients’ questions by email, phone, callback, live chat, & social media. Customer service is accessible in the EU from 8:00 a.m. to 24:00 p.m. (GMT + 3), excluding significant holidays. In certain areas, though, help is accessible 24 hours a day, seven days a week.
| FBS Social Media Pages | FBS Multilingual Customer Service | |
|---|---|---|
| https://www.facebook.com/financefreedomsuccess | EnglishIndonesianMalayChineseJapaneseKoreanArabicUrduSpanishPortugueseVietnameseThaiTurkishGermanItalianFrenchBurmese | |
| YouTube | https://www.youtube.com/user/FBSforex | |
| https://twitter.com/FBS_news | ||
| https://www.instagram.com/FBS_forex/ | ||
| Website | https://fbs.com/ | |
| mailto:%20info@fbs.eu | ||
| Phone | \+357 25313540 | |
| Telegram | https://t.me/fbsonlinetrading | |
In a Nutshell
If you’re looking for a safer way to grow your trades, then consider utilizing trading critique’s blogs. These can provide valuable insights without the risks associated with live trading. To get started, check out our tradingcritique.com website where you’ll find free trading tips and reviews of various brokers to help you make informed decisions.
