FBS Broker Review
- Fast execution
- Live support
- top educational materials
|Support Types||Live support|
|Trading Platform||MetaTrader 4| MetaTrader 5| FBS Trader|
|Minimum 1st Deposit||$0, $100 no deposit bonus|
|Minimum Account Size||$0|
|Minimum Trade Amount||0.01 Lot|
|Bonus||100% Deposit Bonus|
|Leverage||up to 3000:1, the highest in forex Market|
|Spread||Starting from 1.2|
|Free Demo Account|
|Regulation||IFSC and CySEC|
|Account Types||Classic , ECN , Micro , Cent , 0 Spread|
|Deposit Methods||Credit Card, Neteller, PerfectMoney, Skrill|
|Withdrawal Methods||Credit Card, Neteller, PerfectMoney, Skrill|
|Trading Methods||All trading methods are accepted|
|Types of Assets||Forex, Metals, CFD, Stocks, Forex Exotic|
|US Traders Allowed|
- Broker is regulated by CySEC and the IFSC
- Access to investor compensation in case of broker fraud
- Comprehensive trader education Good variety of research tools
- Low capital requirements for account opening
- Spreads are higher than many retail brokers
- Regulation of global brand is not as robust as the EU brand
General FBS Review
FBS is an online forex broker with over 12 million traders. The broker has been in the business since 2009 and has been expanding since then. Currently, it is based in over 190 countries. FBS offers many trading instruments that include forex, CFDs, stocks, metals and others.
FBS broker review
The broker was founded in Belize and has been working in Latin America, the Middle East, Asia, and other regions. For 10 years, the broker developed a priceless experience which was the key to enhance a multidimensional service. These services introduced Europen traders in the ligne and crowned FBS as the best forex broker in 2019. The trophy was given by The European Magazine which was specialized – besides economic reviews, leadership tips, and technological updates- in initiating the Global Business Awards.
In this FBS review, we are not revising whether FBS is trustworthy or not, but we are revising its professionalism since the broker won also the most transparent broker in 2018 by Shares Magazine’s UK. In addition, it won the best forex broker in Asia in 2018. The series of titles are long so that we cannot list them all. However, we just give a glimpse to our valuable readers to help them chose the broker they look for.
FBS account types
|Type of traders||Perfectly suits those who are just starting on their way to success on Forex||Ideal for those who want to calculate their profit precisely||For experienced market players making their way to Forex heights||Designed for those who prefer trading at the fastest speed||For those who want to feel the full power of trading with ECN technologies.|
|Spread||From 1 pip||Fixed, from 3 pips||From 0.5 pip||Fixed, 0 pip||From 1 pip|
|Order volume||0.01 - 1000 cent lots||0.01 - 500 lots||0.01 - 500 lots||0.01 - 500 lots||0.1 - 500 lots|
|Leverage||Up to 1:1000||Up to 1:3000||Up to 1:3000||Up to 1:3000||Up to 1:500|
|Open account||Open account||Open account||Open account||Open account|
FBS bonus 100 Dollars
FBS demo contest
“Demo contest allows you to win real money trading only in demo account. The competition is organized each 15 days. To participate CLICK THIS LINK
To read more about the contest, CLICK THIS LINK
In addition to the demo contest, FBS also offers demo accounts where traders can practice their skills.
Besides, this FBS review covers also regulations which we will cover next.
In fact, FBS regulations aren’t that sophisticated as the best firms because most trusted brokers are regulated by organizations like the CFTC, NFA, FCA, ASIC, and CySEC. Belize is a tax haven, and the regulatory guidelines of IFSC are still under debate as to whether it can be compared to the more established and highly reputed international regulatory organizations.
Regardless of this debate, FBS, as regulatory directives, keeps traders’ money in separate bank accounts and don’t use it for their own operations. This is done to maintain traders’ investment safe even if the broker undergoes losses.
Concerning The European Union traders, FBS protects them through the Investors’ Compensation Fund (ICF) scheme. In case of broker insolvency, investors should receive compensations up to €20,000Visit Broker