FBS RATING -Using the Formula V.4.0.
FBS is a popular Forex Broker for Asian traders, offering a wide variety of financial assets and a multilingual customer support.
FBS Rating Summary
This is the sum of FBS Rating Analysis (1, 2, 3, 4)
| FBS RATING SUMMARY | |||
| MAX | ACHIEVED | (%) | |
| 1. Safety of Funds | 26.00% | 10.28% | 39.53% |
| 2. FBS Cost of Transaction | 28.00% | 23.50% | 83.93% |
| 3. FBS Trading-Options | 26.00% | 22.25% | 85.58% |
| 4. FBS Technological Efficiency | 20.00% | 14.00% | 70.00% |
| Overall Rating | 100.00% | 79.40% | 70.03% |
FBS Full Rating Analysis
This is the full FBS rating.
| RATING ANALYSIS of FBS | ||||
| TOTAL RATING | 100.0% | FBS | ||
| Weight Analysis | Factor Analysis | 70.03% | ANALYSIS | |
| 1. SAFETY OF FUNDS at FBS | 26.00% | RATING WEIGHT | 10.28% | FBS Credibility Analysis |
| 1.1 FBS Level of Regulation | 12.00% | FSC (BVI) = 1.0%, | CYSEC = 3.0%, | FFMS = 3.0%, | RAFMM = 3.0%, | CBI = 4.0%, | ASIC = 4.0%, | FSC (NZ) = 4.0%, | FSA (UK) = 6.0%, | BAFIN = 6.0%, | NFA = 6.0%, | CFTC = 6.0%, | FINMA = 8.0% | and MiFID = +4.0% | 1.00% | FBS is regulated by CRFIN = 1.0% |
| 1.2 FBS Headquarters Base | 5.00% | General Offshore = 0%, Cyprus , Latvia = 2.0%, Ireland, Spain, Italy, Belgium, Israel = 3.0%, Canada, Australia, New Zeeland = 4.0%, USA, UK, Germany, Scandinavian, France, Switzerland = 5.0% | 2.00% | FBS is owned and operated by FBS Markets Inc with headquarters in Russia |
| 1.3 FBS Years in the Market | 5.00% | 0-1 Years = 0 %, 2-5 Years = 2.0 %, 5-10 Years = 4.0 %, 10+ Years = 5.0 % | 4.00% | FBS was founded in 2009 (5-10 years) = 4% |
| 1.4 FBS Segregated / Bank Accounts | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Yes, FBS provides Segregated Bank Accounts to all clients = 2.0% |
| 1.5 FBS Web Ratings (Usage for differentiating results) | 2.00% | ForexPeaceArmy Rating = 1.0 %, | EarnForex Rating = 1.0 % | 1.28% | FBS FX FPA=3.439 / 5.00 & Earn Forex= 5.9 /10.00, Total= 6.389 / 10.0 = Rating 1.2778% |
| 1.6 (+) ADJUSTMENTS | ||||
| 1.6.1 Size Factor | 1.00% | More than 1 Million Active Traders = +1.0 % | 0.00% | Criteria not met = 0% Rating |
| 2. TRADING COST at FBS | 28.00% | RATING WEIGHT | 23.50% | FBS Competition Analysis |
| 2.1 FBS Typical Spread on EURUSD | 8.00% | < 0.3 pip = 8.0%, | <0.4 pip = 7.5%, | < 0.5 pip = 7.0%, | <0.6 pip = 6.5% | <0.7 pip = 6.0%, | <0.8 pip = 5.5%, | <1.0 pip = 5.0%, | < 1.25 pip = 4.5, | < 1.5 pip = 4.0%, | <1.75 pip = 3.5%, | >2 pip = 3.0%, | < 2.5 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 5.00% | Typical EURUSD spread is 1.0 pip = 4.5% |
| 2.2 FBS Typical Spread on GBPUSD | 5.00% | < 1.0 pip = 5.0%, | <1.25 pip = 4.0%, | < 1.5 pip = 3.0%, | < 1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.25 pip = 1.5%, | < 2.5 pip = 1.0% | < 3 pip = 0.5% | 2.00% | Typical GBPUSD spread is 1.9 pips = 2.0% |
| 2.3 FBS Typical Spread on USDJPY | 4.00% | < 1.0 pip = 4.0%, | <1.25 pip = 3.5%, | < 1.5 pip = 3.0%, | <1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 3.50% | Typical USDJPY spread is 1.1 pips = 3.5% |
| 2.4 FBS Trading Commissions | 7.00% | No Commissions = 7% | Commissions < $5 / lot = 3% | Commissions < $8 / lot = 1% | Higher Commissions = 0% | 7.00% | No commissions charged (tested account types) = 7.0% |
| 2.5 FBS Deposit / Withdrawal Commissions | 2.00% | No = 2.0 %, | Yes = 0 %, | 1-Free / Month = 0.5 % | 2.00% | No withdrawal Commissions charged by FBS = 2.0% |
| 2.6 FBS Maintenance and Inactive Fees | 2.00% | No = 2.0 %, | Yes = 0 % | 2.00% | No Inactive Fees or similar Commissions charged by FBS = 2.0% |
| 2.7 (+) ADJUSTMENTS | ||||
| 2.7.1 FBS Execution | 2.00% | ECN = +2.0 % / STP = +1.5 % | Market Makers = +0.0% | 2.00% | ECN / STP Forex Orders Execution = +2% |
| 3. TRADING OPTIONS at FBS | 26.00% | RATING WEIGHT | 22.25% | FBS Trading Analysis |
| 3.1 FBS Forex Asset Index | 8.00% | 45+ Currency Pairs = 8.0%, | 40+ Currency Pairs = 7.0%, | 35+ Currency Pairs = 6.0%, | 30+ Currency Pairs = 5.0%, | 25+ Currency Pairs = 4.0%, | 20+ Currency Pairs = 3.0%, | 15+ Currency Pairs = 2.0%, | 10+ Currency Pairs = 1.0%, | Less than 10 pairs = 0% | 4.00% | FBS offers 28 Forex Currencies = 4.0% |
| 3.2 FBS CFD and Spot Trading | 2.00% | CFD Trading = 2.0 % | Only Spot = 1.0 % | Nothing = 0% | 2.00% | FBS offers CFD contractss = 2.0% |
| 3.3 FBS Demo / Practice Account | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Demo account is available at FBS = 2.0% |
| 3.4 Leverage at FBS | 2.00% | >100:1 = 2.0%, | > 75:1 =1.5%, >50:1 = 1.0% | 2.00% | 1,000:1 max Trading Leverage at FBS = 2.0% |
| 3.5 FBS Bonus & Rebate | 6.00% | 6.00% | ||
| 3.5.1 FBS Bonus (%) | Bonus (Higher or Equal): >50% = 6%, | >40% = 5%, | >30% = 4%, | >20% = 3%, | >15% = 2%, | >10% = 1% | 6.00% | 60% Deposit Bonus Policy by FBS | |
| 3.5.2 FBS Rebate (%) | Rebate (Higher or Equal): >30% = 6%, | >25% = 5%, | >20% = 4%, | >15% = 3%, | >10% = 2%, | >5% = 1.0% | 0.00% | ||
| 3.6 FBS Minimum Deposit | 1.00% | Min Deposit < $500 = +1%, | Min Deposit < $1,000 = +0.5% | 1.00% | Minimum Deposit is $1 = 1.0% |
| 3.7 FBS Fund / Deposit Methods | 2.50% | For each deposit method available = 0,5%, max = 5 methods | 2.50% | 8+ deposit methods by FBS = 2.5% |
| 3.8 FBS Fund / Withdrawal Methods | 2.50% | For each withdrawal method available = 0,5%, max = 5 methods | 2.50% | 8+ deposit methods by FBS = 2.5% |
| 3.9 (+) ADJUSTMENTS | ||||
| 3.9.1 Offering 100+ Currency Pairs | 1.00% | Yes = 1.0 % / No = 0 % | 0.00% | 28 Forex Currencies = +0% |
| 3.9.2 Interest on Funds | 0.50% | Yes = 0.50 %, No = 0.0 % | 0.00% | No interest on client funds by FBS = +0% |
| 3.9.3 FBS Competitions / Championships | 0.25% | Yes = 0.25 % / No = 0 % | 0.25% | Yes Demo Account Competition is available = +0.25% |
| 4. FBS TECHNOLOGICAL EFFICIENCY | 20.00% | RATING WEIGHT | 14.00% | FBS Technological Analysis |
| 4.1 FBS Available Platforms | 5.00% | Each Supported Platform = 1.0%, max = 5 platforms | 1.00% | FBS offers only MT4 = 1.0% |
| 4.2 FBS Slippage | 4.00% | Slippage < 0.5 pip = 4.0% | Slippage < 0.75 pip = 3.5% | Slippage < 1 pip = 3.0% | Slippage < 1.25 pip = 2.5% | Slippage < 1.5 pip = 2.0% | Slippage < 1.75 pip = 1.5% | Slippage < 2.0 pip = 1.0% | 2.50% | Below 1.25 pips = 2.5% |
| 4.3 FBS Automated Trading | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | Yes, FBS allows Expert Advisors = 2.0% |
| 4.4 FBS MT4 / MT5 Availability | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | MT4 platform is available at FBS = 2.0% |
| 4.5 FBS Mobile Trading | 2.00% | Each Supported Device = 0.50 % (iPhone, iPad, Android, Windows Mobile, Blackberry), max = 4 devices | 1.50% | MT4 App for iPhone, Windows and Android = 1.5% |
| 4.6 FBS Scalping / Hedging Policy | 1.00% | Yes both = 1.0 % | Yes only Hedging or Scalping = 0.5% | No = 0 % | 1.00% | Yes to both = 1.0% |
| 4.7 FBS Customer Service | 4.00% | 24/7 = 1.0 %, | 24/6 = 0.5 %, | 24/5 = 0 %, | email = 1.0%, | Phone = 1.0 %. | Live Chat = 1.0 %, | Skype = 0.5 %, | Call-Back = 0.5 % | Forum = 1.0% | 4.00% | 24/5 Customer service = 0%, eMail, Phone, Live Chat, Forum = 4.0% |
| 4.8 (+) ADJUSTMENTS | ||||
| 4.8.1 FBS PAMM / Managed Accounts | 0.50% | PAMM = 0.5 % / Simple Managed = 0.25%, No = 0 % | 0.00% | No PAMM accounts are not available yet = +0.0% |
| 4.8.2 FBS API Trading | 0.50% | Yes = 0.5 % / No = 0 % | 0.00% | No, API trading is not available at FBS by the time of this rating = 0.0% |
FBS Rating Review Special Metrics
These are the special metrics for FBS according to the three categories of trading experience.
| FBS SPECIAL METRICS | |
| (based on sub-formulas) | RATING (100%) |
| FBS Overall Rating | 70.03% |
| Forex Beginners | 77.42% |
| Advanced Traders | 74.83% |
| Pro Traders | 66.47% |
■ FBS.com Rating
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