FBS Review

ECN / STP Forex Broker Review: FBS

FBS Forex

FBS REVIEW

FBS General Info

Company Name: FBS is the Trading Name of FBS Markets Inc.

FBS Offices: FBS maintains headquarters in Russia and has other offices in many Asian Countries (China, Malaysia, South Korea, Indonesia, China and India)

FBS Regulation: FBS is regulated by CRFIN (Russia- 009069697) and registered also with IFSC (Belize -IFSC/60/230/TS/12)

FBS Foundation: FBS was found in 2009

Online since: FBS is online since 2009

US Clients: FBS doesn't allow US Traders (NO)

Islamic Accounts: FBS offers provides SWAP-Free Accounts (YES)

FBS Execution Type: ECN / STP Broker

FBS Customer Support:

FBS 24/5 Customer ServiceFBS PHONE SUPPORTFBS LIVE CHAT

Trans

FBS Trading Info

FBS Server Time Zone: GMT+3

FBS Typical Spread: 1.0 pip on EUR/USD, 1.1 pip on USDJPY and 1.9 pip on GBPUSD

FBS Leverage: FBS maximum leverage is 1000:1

FBS lot: 0.01 (standard accounts) and 0.1 (unlimited account)

FBS Scalping: (YES) it is allowed by FBS

FBS Hedging: (YES) it is allowed by FBS

Automated Trading: (YES) it is provided by FBS

FBS Minimum Account: Minimum account at FBS is just 1 USD

FBS Account Currencies: FBS provides accounts in the two main currencies EUR and USD

FBS Deposit Methods:

FBS Bank WireFBS Credit CardsFBS Offer DEBIT CARDSFBS Offer MoneyBookersFBS Offer Web MoneyNettellerWESTERN UNIONCashu ForeXMoney Gram Forex

FBS Withdrawal Methods:

FBS Bank WireFBS Credit CardsFBS Offer DEBIT CARDSFBS Offer MoneyBookersFBS Offer Web MoneyNettellerWESTERN UNIONCashu ForeXMoney Gram Forex

» Visit FBS

FBS Platforms

FBS Currency Pairs

FBS offers 28 Forex pairs, plus many assets via CFD and Futures trading:

◘ AUDCAD, AUDCHF, AUDNZD, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDSGD

FBS Platforms

FBS Platforms: FBS offers only one platform, MetaTrader4

FBS Mobile Trading: FBS offers app for iPhoneAndroid and Windows Mobile

FBS ANDROIDFBS Offers App for iPhoneFBS Offers App for Windows Mobile

FBS Web-Site Languages:

■ English, Russian, Spanish, Portuguese and many Asian languages are supported by FBS

■ Bengali, Chinese, Indonesian, Korean, Malay, Tamil, Thai, Vietnamese

FBS Pros and Cons

FBS PROS

FBS PROS

FBS CONS

FBS CONS

√ Automated Trading and Scalping allowed X Only MetaTrader4
√ Tight spreads (Floating but also Fixed spreads)
X Not very High Regulated
√ No trading commissions charged  
√ 60% Deposit Bonus -FBS offers also a free $5 Cash Reward 
 
√ Trading Contests and other Promotions
 
√ Multilingual customer service (Supports Many Asian Countries too)  
√ Cent Account ($1 minimum deposit) which is ideal for Forex beginners  
√ Great variety of Fund Methods, no fees on withdrawals / no inactive fees  

» FBS Trading Accounts

FBS Review -Final Conclusions

Total FBS RatingFBS is an ECN / STP broker founded in 2009 that maintains offices in many Asian countries. The web-site of the broker as its customer service are both multilingual and focusing mainly on Asian clients. The FBS customer service is operating 24/5 and supports email, phone, live chat but also a useful Forum. FBS offers fair trading terms as it provides typical spread for EURUSD at 1.1 pips without commissions. Moreover the typical spread for GBPUSD is 1.9 and 1.1 typical spread for USDJPY. The maximum leverage can be up to 1000:1. The minimum lot is 0.01. FBS offers a good asset index containing 28 Forex pairs but also other assets via CFD and Futures trading. As concerns regulation, FBS is regulated mainly by CRFIN (Russia) and it also registered with IFSC (Belize). Traders may choose from a Cent trading account type ($1 minimum deposit) to an unlimited account type which offset orders directly into the Currenex ECN System. Many fund methods are supported by FBS including cards, bank wire, Webmoney, Moneybookers, CashU, MoneyGram and many others. No deposit or withdraw fees are charged by FBS. As concerns welcome bonus, there is a 60% welcome bonus available at the time of this review, while other promotions include Demo Contests etc. As concerns platforms, FBS provides solely MT4 and supports automated trading and scalping. Mobile trading is provided for iPhone, Android and Windows devices. The broker offers also many freebies to its clients including Free Daily Analysis, the FX-Bazooka network and more. In overall, FBS can be considered a fair choice for trading Forex especially as concerns traders from Asia who can probably enjoy customer support in their own language.

FBS achieved 70.03% rating using the formula v4.0

■ Find the FBS rating analysis at fxPros.net: ► FBS Rating

 

» Visit FBS Web
 

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■ ECN Forex Broker Review: FBS

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