FBS RATING -Using the Formula V.4.0.
FBS is a popular Forex Broker for Asian traders, offering multilingual customer support.
FBS Rating Summary
Sum of each Main Factor 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
Analysis of each Sub-Factor forming FBS total rating result.
| RATING ANALYSIS of FBS | ||||
| TOTAL RATING | 100.0% | FBS Broker | ||
| 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. The rating results are based on different weights of the same formula.
| 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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