FBS review

Submitted by fxpros on Mon, 04/18/2022 - 14:13

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Founded in 2009, FBS is an ECN/STP Forex broker offering MT4, MT5 and a multilingual customer service supporting many Asian languages.

FBS REVIEW

FBS General Corporate Info

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

◘ FBS Offices: FBS maintains headquarters in Cyrpus and Belize and has other offices in many Asian countries (China, Malaysia, South Korea, Indonesia, China, and India)

◘ FBS Regulation: FBS is registered with IFSC (Belize -IFSC/60/230/TS/12)

◘ FBS Foundation: FBS was founded 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: 24/5 via Phone and Live Chat

 

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: for European traders 30:1 | maximum trade leverage 1000:1

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

◘ FBS Scalping/Hedging: (YES) allowed by FBS.com

◘ Automated Trading: (YES) fully allowed by FBS.com

◘ FBS Minimum Account: Minimum account  is just 1 USD

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

◘ FBS Funding Methods: BANK WIRE | CARDS | SKRILL | WEBMONEY | CASHU | MONEYGRAM | NETELLER

» Visit FBS

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 Trading Platforms

◘ FBS Platforms: FBS offers MetaTrader4 | MetaTrader5 | FBS Trader

◘ FBS Mobile Trading: FBS offers an app for iPhone and Android

◘ FBS Web-Site Languages:

  • EUROPEAN: English, Russian, Spanish, Portuguese
  • ASIAN: Bengali, Chinese, Indonesian, Korean, Malay, Tamil, Thai, Vietnamese

 

FBS Review Pros and Cons

FBS.com PROS

FBS.com CONS

√ Automated trading and scalping are fully allowed X Regulation and headquarters base
√ Tight spreads without trading commissions  
√ No trading commissions charged  
√ 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 funding methods, no fees on withdrawals / no inactive fees  

» FBS Trading Accounts

FBS Review -Final Conclusions

Founded in 2009, FBS is an ECN/STP broker focusing on Asian traders. Their customer service is multilingual and supports many Asian languages via email, phone, live chat, and a useful Forum. FBS offers fair trading terms as it provides a 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 trading leverage for European traders is limited to 30:1 but the maximum trading leverage can be up to 1000:1. The minimum lot is 0.01. FBS offers a good asset index containing 28 Forex pairs and other financial assets via CFD and Futures trading. As concerns regulation, FBS is regulated by IFSC (Belize). Traders may choose from a Cent trading account type ($1 minimum deposit) to an unlimited account type which offsets trading orders directly into the Currenex ECN System.

Many funding methods are supported, including cards, bank wire, Webmoney, Skrill, CashU, MoneyGram, and many others. No deposit or withdrawal fees are charged by FBS. As concerns the welcome bonus, currently, there is a 60% welcome bonus available, while other promotions include Demo Contests, etc. As concerns their trading platforms, FBS offer MT4 and MT5 by fully supporting automated trading and scalping. Mobile trading is provided for iPhone and Android devices. The broker also offers many freebies to its clients including Free Daily Analysis, the FX-Bazooka network, and more. 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 languages.

FBS achieved a 70.03% rating using the formula v4.0

  • Find the full FBS rating analysis at FxPros.net: FBS Rating

 

» Visit the FBS Website


ECN/STP Forex Broker Review: FBS.com Review

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