FBS Review

FBS is a forex broker that offers trading services to traders. Since 2009, it has grown to serve clients, offering forex, commodities, stocks, and indices. FBS provides spreads and deposit requirements, with account types for traders. 

The broker has limits – support options in regions and fewer assets than others. FBS remains a choice for traders who need tools and resources for trading.

FBS Pros and Cons

Is FBS Secure?

FBS is a trustworthy broker regulated by FSC. The FSC has built a reputation as a regulator that is combating money laundering and terrorist financing. 

Markets and Products

FBS offers many trading instruments shown below. The leverage FBS offers goes up to 1:3000. Some instruments have a fixed leverage like

• Stock – 1:100
• Indices and Energies – 1:200
• Metals – 1:500
• Forex – Is not fixed

Forex

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

Metals

XAUAUD	Platinum	XAUGBP	Palladium
XAUEUR	XAUUSD	XAGEUR	XAGUSD

Indices

UK100	US100	US30	US500
DE30	AU200	ES35	EU50
FR40	HK50	JP225

Energies

XBRUSD

XTIUSD

XNGUSD

Stocks

#MFA	#MLM	#BP	#EZJ
COIN	#AAL	#ULVR	#DGE
#LGEN	#RDSB	#ABF	#AZN.UK
#BARC	#BA	#BAP	NIKE
SPCE	#GLEN	#RIO	#ASML.US

Forex Exotic

USDHKD	USDGO	EURHKD	EURPLN	AUDDKK
SGDJPY	USDZAR	GBPSEK	USDPLN	USDSEK
USDTHB	USDHUF	EURZAR	EURDKK	EURNOK
EURSEK	EURSGD	GBPDKK	GBPNOK	GBPSGD

FBS Fees and Charges

FBS doesn’t charge any depositing and withdrawal fees. If any fees occur, they’re imposed by the bank.

FBS Account Types & Account Opening

There are three account types you can open at FBS, Standard, Cent account and Demo.

How to Open an Account

If you want to open an account, simply:

• Click the green “Open account” button on the site and follow the instructions 
• Choose the account you want and make your first deposit. 

Trading Platforms

The two trading platforms FBS offers are MetaTrader 5 and MetaTrader 4. MetaTrader 4 offers intuitive charts, one-click trading, and a stable performance. The MetaTrader 5 offers advanced analysis tools, an economic calendar, improved expert advisors and other modern features.

Mobile Trading Platform

If you prefer trading on your mobile device, there’s an FBS mobile app you can download on your Android or iPhone. There’s nothing that the browser option has that the mobile one doesn’t.

FBS Research Tools

When it comes to useful trading tools, FBS offers:

• VPS – A remote server that helps optimize your trading process.
• Economic calendar – Major economic and political events affecting the global market.
• Trading calculators – Use this calculator to estimate profits and losses from any trade

FBS Educational Content

FBS really is making sure that all types of traders get the education they deserve. The FBS Academy on the website has two types of guides. One is for beginners, and one for advanced traders. Besides that, the Trader’s blog is full of quality content to improve your trading skills. What is also great is that they post almost daily.

Customer Service Overview

You can contact FBS via:

• Live chat
• Phone:+357 22 010970; +501 611 0594
• Email: support@fbs.com
• Schedule a Callback

FBS Deposit and Withdrawals

There are several payment methods you can use to deposit your funds. The minimum deposit is $5, but it varies for different payment methods so:

• Neteller: – $10
• Skrill – $12
• Perfect Money – $5
• Ethereum – 0.01 ETH
• Tether – 10 USDT
• Litecoin – 0.2 LTC
• Bitcoin Cash – 0.05 BCH
• Bitcoin – The minimum recommended deposit is $36. Smaller deposits are processed manually and may take longer.

FBS recommends depositing $100 for a smooth trading experience. 

Withdrawal Methods and Payout Times

Withdrawal time depends on the payment methods you choose:

• Electronic payments like Skrill and Perfect money – up to 30 minutes
• Credit/Debit card- up to 4 business days
• Bank transfer – up to 10 days
• Bitcoin wallet –  from a few minutes to a couple of days

FBS Online User Reviews and Ratings

FBS has over 3k reviews on Trustpilot. Over 60% of the reviews are 5-star. Users enjoyed trading with FBS, mentioning it’s easy to use and the customer support is replying fast. The 12% of 1-star reviews are mostly users that violated the Customer agreement.

Author Opinion on FBS

FBS is a broker that many traders choose to trade on. It’s suitable for both beginners and professionals. It really stands out as a versatile forex broker with a range of account types. A great thing is that FBS doesn’t charge an inactivity fee. You can trade whenever you want, and make pauses as long as you like. The number of trading instruments is quite low compared to other brokers. But, FBS’s transparency makes it a reliable choice in the trading industry.

FAQ