Fbs india review

The standard account is open to all non-EU and EU traders, and you will require a deposit of $100.

Best forex bonuses

Floating spreads from 0.5 pips and leverage of up to 1:3000 make this account a popular choice across the board. Deposit $5 and enjoy fixed spreads from 3 pips with no commission and leverage of up to 1:3000. The micro account is better suited to those of you that like to calculate the exact profits.

FBS review

Editors summary

With accounts to serve even the lowest volume traders and plenty of tools to help you become established as a good trader, there is a lot to love about this broker. The licensing and regulation in the EU, and internationally make them a reliable choice for traders. There is a bonus for non-EU traders to welcome you and get you off to a great start as well as excellent customer support and an intuitive and easy to navigate website. If you want to find an excellent all-around broker that can help you become a better trader, then this is a solid choice.

Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Introduction

FBS markets has been established and offering forex services now for a decade having launched in 2009. Based in belize and cyprus and regulated by the cyprus security and exchange commission (cysec) and the international financial services commission (IFSC), they offer their services to 1.3 million customers in 120 countries.

Like many forex brokers, they offer trading on the popular metatrader4 and metatrader5 platforms on a secure website and offer a choice of 37 currency pairs in which to trade. Whether you are an absolute beginner or more experienced in forex, this platform is suitable for all strategies. There are several accounts and many educational features.

Like all things, when it comes to choosing the best product or service for you, there are many things to consider. The fact that there is so much choice only makes it a more difficult decision. Which broker is the right one for you? How do you decide which of them will provide the right conditions? We endeavour to help your choice with our detailed review:

Account types

FBS markets provide a great deal of choice when it comes to account types. Not only do they have a demo account, but they also have a demo cent account. In addition to this, there are several live accounts with deposit requirements ranging from $1 to $1,000. The number of accounts depends on where you are trading. While there are six open to non-EU residents, if you are within the EU, the number is two. The two available to EU traders are the standard and cent account with different deposit requirements.

Demo account

There are two types of practice account – the standard demo and demo cent. The difference is that you can be more cautious and trade smaller lots with the demo cent version. Both are free to use and allow you to test the platform with virtual funds until you are ready to go live.

Cent account

With a deposit of just $1, you can open a cent account. With floating spreads from 1 pip and leverage of up to 1:1000, there is no commission charged, ideal for beginners who wish to practise on a live account as a next step up from a demo.

Micro account

Deposit $5 and enjoy fixed spreads from 3 pips with no commission and leverage of up to 1:3000. The micro account is better suited to those of you that like to calculate the exact profits.

Standard account

The standard account is open to all non-EU and EU traders, and you will require a deposit of $100. Floating spreads from 0.5 pips and leverage of up to 1:3000 make this account a popular choice across the board.

Zero spread account

Fixed spreads of 0 pips and leverage of up to 1:3000 can be enjoyed by those of you that deposit a minimum amount of $500. The zero spread account attracts commission of $20 per lot.

ECN account

ECN traders that wish to use the power of ECN technology can open this particular account with a minimum deposit of $1,000 and benefit from floating spreads from 1 pip and commission of $6 per lot.

Read our FBS review and learn more about this award winning broker

In the world of forex trading, there are so many options when it comes to picking a broker. However, if you find yourself picking the wrong one it can be a decision that weighs very heavy on your bank balance. A good place to start is by reading some forex broker reviews, so you’re already on the right path because you’ve found your way here.There are a number of things to bear in mind when making your decision and you’ll find we cover most of them in our honest reviews. We are going to be looking at an award winning broker known as FBS, and after reading all the important details you’ll soon appreciate why they have received so many accolades.

$123gifted for a start

Max leverage:1:3000

Spread:1

Forex licence:IFSC

A brief introduction to FBS

FBS introduced itself to the world of forex trading in 2009, and now enjoys a presence in more than 120 countries with a customer base of more than 700,000 traders. And from the very beginning awards have been coming in left right and center. For example, in 2010 FBS received an award or best mini forex-broker; in 2012 it was named as the fastest growing broker in asia; in 2013 it received best broker in asia, and the awards were still coming in 2015. The activities of FBS are regulated by the international financial services commission, and while this may not be the FCA, bafin or cysec it is still a trustworthy regulator. FBS is owned by FBS markets company that has offices in a number of asian cities.

FBS has chosen metatrader 4 as its trading platform

A number of top forex brokers choose MT4 for their trading platform, and it comes as no surprise that FBS has done the same. It performs equally well for all operating systems including windows, MAC, android, and ios. There is no need for a download and automated trading is supported. It is one of the most functional trading platforms currently available and comes complete with a number of distinctive features. And for those of you who are keen to use the upgrade to this popular software, FBS now offer metatrader 5.

Five different account types to suit a range of different traders

FBS offer five different account types, each with their own special requirements and benefits. From traders who prefer to keep risks to a minimum right up to those who are ready to invest big and trade in large volume, all are catered for. Including those who much prefer to risk no money at all and get in some practice with virtual money.
Cent account

Minimum deposit $1

Floating spreads from 1 pip

No commission

Leverage up to 1000:1

Maximum of 50 open positions and pending orders

Micro account

Minimum deposit $5

Floating spreads from 3 pip

No commission

Leverage up to 3000:1

Maximum 100 open positions and pending orders

Standard account

Minimum deposit $100

Floating spread from 1 pip

No commission

Leverage up to 3000:1

Maximum 100 open positions and pending orders

Zero spread account

Minimum deposit $500

Floating spread from 0 pip

Commission from $20 per lot

Leverage up to 3000:1

Maximum 100 open positions and pending orders

Unlimited account

Minimum deposit $500

Floating spread from 0.2 pip

No commission

Leverage up to 500:1

No trading limits

All the above accounts have access to 3 currency pairs and 2 metals, and all support swap-free trading with the option of free funds insurance. In addition, there is the opportunity to become a VIP client if an account is funded with $10,000 and 50 lots are traded. VIP status entitles traders to priority processing of deposits and withdrawals, consultations with a personal account manager who speaks your mother tongue. VIP gifts and a certificate.
A number of payment methods are supported including visa and mastercard, neteller, skrill, webmoney and a number of other local methods. Skrill and yuupay are the only methods that incur additional charges and many payment methods are processed immediately.

FBS are celebrating the 2016 olympics with some great giveaways

It seems that the 2016 olympics are being seen as a great excuse to give away lots of prizes. For example:

Olympic giveaway with more than 300 unique gifts

Prize fund of $1000 for demo account traders who make the most virtual profit

Money prize for traders who send in a photo of them wearing their FBS t-shirt

And these are on top of the bonuses and promotions already being offered by FBS. There is a 100% deposit bonus, a $123 bonus, cashback, FBS lucky T-shirt, and the gift of an iphone 5s plus.

Educational material is limited but it hasn’t been forgotten

There are the standard offerings of market analysis and calculators as well as an economic calendar, but there are no online tutorials, webinars, videos, or ebooks, however, if you can make it to one of the venues there are some real life seminars available to participate in. We happen to miss the usual fare of training material, and many beginners are sure to be disappointed.
Customer service is more than adequate with an FBS representative available on several international numbers, but mostly these seem to be in asia. There is also an email support address, as well as a live chat option. Although the live chat option is only available in english.
FBS is a reputable broker that has received numerous awards, although these are mostly for its endeavors in asia. Customer feedback is very positive so they must be doing something right. One thing, however, that makes them unique is their ‘breakeven trading’ insurance scheme. We haven’t come across anyone else allowing traders to insure deposits, which if lost during trading FBS guarantee to pay you back. If you like the sound of this or any other of their features you can try them out risk-free by opening a demo account.

Company	FBS markets inc.
Website	https://fbs.Com/
headquarters	belize
established	2009
languages	english, spanish, lithuanian, portuguese, russian, arabic, bengali, chinese, bahasa indonesia, japanese, korean, bahasa malaysia, thai, urdu, vietnamese, tamil, lao, burmese.
Deposit methods	regularpay, visa/mastercard, NETELLER, skrill, webmoney, perfectmoney, OKPAY, wire transfer, yuu collect, sahibexchange and zaw forex service

The average spread ratio is 1

Residents of belize, the USA and japan are not currently permitted to create a forex account.

Free forex seminars & workshops.

The quickest and easiest way to contact customer support is through live chat, which is available 24/5.

The remote forex licences has been issued by the IFSC.

FBS REVIEW - IS FBS A GOOD FOREX BROKER?

BRKV - FBS is rising as one of the best forex brokers for the asian regions in 2019, especially in thailand and indonesia. So, today I will give an FBS review for new traders who are still struggling to find themselves a suitable forex broker. FBS was founded in 2009. They allow traders to trade up to 35 currency pairs, 4 precious metals, 2 CFD, and cryptocurrencies.

When finding the best brokers, we need to have standards to rate them. These standards are the fundamentals that any brokers who want to become the best should meet. Those are:

Trustworthy	trading costs	trading conditions	local services
regulations	low spread	good quotes	payment system
historical activities	low commission	trading platforms	local offices
low slippages	availability
good rebate / bonus
low swap

Now, let’s have an FBS review based on the standards mentioned above. Also, I will compare some aspects of this broker to the top brokers such as exness or XM.

Credibility of FBS review

When it comes to credibility, of course I’m talking about regulations. The first and foremost factor used to judge a broker is their regulations. Regulations are the licenses that trusted financial organizations give to a broker to manage that broker. Regulation is the thing that makes sure a broker has to follow a certain set of rules to guarantee traders’ safety. Only big forex brokers can meet the demands of those regulations. FBS is regulated by cysec and IFSC , two of the most trusted regulations. So you can rest assured that you are in safe hands.

Speaking of regulations, there is one thing I think I need forex traders to understand. Some new traders tend to think that the broker who has more regulations is better than those who have less. This is actually a wrong idea. Having many regulations doesn’t mean that broker is better in term of trading. There are two scenarios here. If your country already has a regulation, you should work with broker who has that regulation. You won’t need any other regulations from elsewhere. Your own country’s regulation is enough. FBS has IFSC, a south african regulation, so traders in south africa can be safe when trading with FBS. On the other hand, if your country does not have a regulation, like most asian countries, you should trade with brokers who have at least one trusted regulation, FBS in this case is cysec. Too many regulations will only put more limits on the broker. Regulation is just a signal that lets us know that this broker is decent, reliable, and safe to trade with. A broker only need one trusted regulation.

Trading costs of FBS review

Spread of FBS review

Most traders would love to do business with a low-spread broker. Spread is the difference between the ask price and the bid price of a currency pair. The spread of FBS is only from 0.2 to 1.1 pip which is in the top low spread brokers . And it's spreads are much lower than XM, FXTM, FXCM. CHECK FBS SPREAD -> HERE.

Commission of FBS review

Some brokers charge commissions for income, so does FBS. Based on the type of account, FBS has different commission rates. For the cent and standard accounts, there is no commission. CHECK FBS COMMISSION RATE -> HERE.

Bonuses of FBS review

FBS offers many types of bonuses like deposit bonus, welcome bonus, or loyalty program. They have a bonus with the highest rate ever, up to $100. Their deposit bonus gives back trader 100% of the deposit amount. Also, there is the cashback program, which rebate you $7 for every lot traded. Right now, they are having the $50 bonus. You just need to sign up and $50 will be transferred to your account immediately. CHECK FBS BONUSES -> HERE.

Trading conditions of FBS review

Account types of FBS review

BRKV - FBS offers traders 4 different types of account, which are the regular accounts (cent account, standard account, and fixed spread account) and the ECN account. Each account type has its own features that are suitable for different types of traders.

Cent account: this is the account for beginners or new traders. Why so? The required deposit is only $1. When you first start trading, you don’t want to put too much money in it because 90% of new brokers lose everything when they begin trading. With only $10, I think you can practice trading in real-life conditions for up to 3 months. The spread is relatively low, only around 1 pip. The order volume is from down to 0.01 lot cent up to 1000 lots. The lower the better because that way you won’t lose too much money. And even better, this type of account does not charge any commission, so you can trade as much as you want without costing a penny.

CHECK FBS CENT ACCOUNT NOW.

Standard account: traders with a bit more experience will trade with this account. The minimum deposit is average, at about $100. The spread is better, only around 0.5 pip. The leverage is up to 1:3000, which is pretty high. Higher leverage is better. XM’s standard account leverage is only 1:888. The order volume is from 0.01 to 500 lots. And just like cent account, this account is commission free, which is amazing.

Fixed spread account: it is also called zero spread account. You can tell it by the name. This type of account has no spread. Instead, it charges traders $20 for commission. This is understandable because spread is main income of brokers. If the spread is zero, the broker must charge commission. The minimum deposit for this acco unt is $500. The other features are the same as standard account like the leverage and the order volume.

ECN account: this is the account for experts and long-term traders. The minimum deposit required is $1000, which is pretty high, but the commission are much lower than other brokers ($6). Actually, this commission rate is just as low as that of exness and XM, which is $5 and $6 respectively.

CHECK FBS ECN ACCOUNT NOW.

Payment system of FBS review

I’m sure that some US or UK brokers are very good in their country, but overseas, they are relatively bad, especially in asian countries like thailand or indonesia. In asia, if traders deposit by their credit cards, their banks will charge them from 1.7 to 4% of their total fund. Having a profit rate at 5% monthly is hard enough and now they have to pay 4% just for depositing? I don’t think so. That’s why it is not wise for thai traders to trade with those US and UK brokers. Therefore, choosing brokers who can offer local payment systems is very important. FBS is great in this field. They offer depositing and withdrawing through almost all local banks and e-wallets in asian countries. Furthermore, what makes FBS really wonderful is their transferring speed. They only come second to exness , the fastest in the market. Transactions at FBS only take from half to an hour to complete through banks, while other brokers can waste you hours or even days.

Customer support of FBS review

Customer care is vital in this forex field, because forex is a very complicated subject. Traders are constantly need as much help and support from brokers as possible. That’s why how a broker assist its clients is a standard to evaluate it. FBS supporting team is fantastic in my opinion. They can support clients in english 24/7 on live chat. You can even tell them to call you back. That can show how dedicated they are to customers. For non-english speakers, they have offices in indonesia, malaysia, egypt, thailand, china, korea and myanmar that are always ready to help customers 5 days a week.

Fanara filippo

Hey, I’m fanara filippo. I’m the founder of this site. I'm currently living in bangkok, thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Let’s review brokers today.

South asian airlines are about to launch blockhain payment

FBS review and tutorial 2021

FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.

Trade on nearly 50 leveraged forex pairs.

FBS is an online broker that offers financial market trading in forex and cfds. Our review in 2021 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading.

History & headlines

FBS is a global broker founded in 2009. In the EU, FBS is operated by tradestone ltd and regulated by the cyprus securities and exchange commission (cysec). The global branch is run by FBS markets inc and regulated by the international financial services commission of belize (IFSC).

FBS has a head office location in cyprus and claims to have over 15 million active traders across more than 190 countries, from malaysia and indonesia to south africa, pakistan and the EU.

Trading platforms

FBS uses a non-dealing desk (NDD) system with STP for rapid order execution. After registration and login clients have a choice of two platforms to access the markets.

Metatrader 4

MT4 is a market-leading platform that FBS clients can download for PC. The trading platform includes a range of features:

One-click execution and copy-trading

Expert advisors (EA) service and apis

Wide range of technical indicators and charting tools

Support for clients using a virtual private server (VPS)

FBS metatrader 4

The global branch of FBS also offers MT4 multiterminal, which allows clients to operate multiple accounts simultaneously.

Metatrader 5

This broker recently added MT5 integration to its portfolio. This platform is a recent update to MT4 with greater versatility that offers the following:

Hedging & netting

Market depth view

More technical indicators

More order types and timeframes

FBS metatrader 5

MT4 and MT5 are also both available without a download via any browser through the webtrader solution. This service works across all operating systems and has all the features of the original software.

Markets

Clients can access a wide range of assets for trading:

Forex – 28 standard pairs plus 16 exotics

Metals – four precious metals

Energies – WTI and brent crude oil

Stocks (global only) – 40 company shares

Indices – four indices including the NASDAQ

Unfortunately trading on the FTSE100 is not offered and neither is cryptocurrencies, such as bitcoin.

Trading fees

Spreads offered by FBS vary by account type and region. For EURUSD, the global firm offers a spread of 3.0 pips on its micro account, 1.1 on its standard and cent accounts and zero pip spreads on its zero and ECN accounts. In the EU the same spread is 0.7 pips with both the standard and cent accounts. Our review was pleased to see competitive spreads with the zero and ECN accounts.

The global branch charges a fixed rate commission of $20 per lot on the zero spread account and $6 on the ECN account. It also charges $3 for stock trades and $25 for CFD trading.

FBS charges overnight rollover fees (swap-free is available) and a cancellation fee of €5 for transactions that have taken advantage of price latency. Accounts dormant for 180 days are charged a €5 monthly fee.

FBS leverage

The maximum leverage available depends on account type and branch. In the EU the broker provides leverage up to 1:30 on standard and cent account types. Globally it offers up to 1:1000 on the cent account, 1:500 on the ECN account, and 1:3000 on other account types.

FBS has a margin call of 40% and lower, whereafter it is entitled to close a client’s position.

Mobile apps

FBS trader app

The owner and CEO have ensured that FBS trader is a free and fully-featured trading app. It can be downloaded to android (APK) devices from google play. Outside the EU it’s also available on ios. The broker’s downloadable app offers forex and top instruments for trading, alongside real-time stats and easy management.

FBS mobile app

MT4 & MT5 apps

Both metatrader platforms are also available as mobile apps from the app store and google play. The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go.

FBS metatrader mobile trading

Payments

The minimum deposit at the online forex broker is different for each account type and trading region. The EU firm requires an initial deposit of €10 on the cent account and €100 on the standard. The global branch offers minimum deposits of $1, $5, $100, $500, and $1000 for the cent, micro, standard, zero spread, and ECN accounts respectively. Our review was pleased to see the low minimum deposit offering.

Several deposit and withdrawal methods are available including wire transfer (EU only), visa, and electronic payment systems, such as skrill and neteller. Deposits are instant for all methods bar wire transfer and withdrawals take up to 48 hours. Commission fees apply to withdrawals at the global FBS firm and identifying documents may be requested.

Demo account review

FBS offers demo versions of the cent and standard accounts in the EU. MT4 and MT5 integration are available and a range of instruments are offered to practice trading with zero deposit requirement. Once comfortable with the broker’s services, you can then sign up for a live account.

Trading bonuses

FBS has a wide selection of promotions and bonuses advertised on its global website. For example, the broker offers a trade $100 bonus with no deposit necessary. The broker credits clients with $100 and if the client has 30 active trading days with 5 lots traded, the bonus can be withdrawn. FBS also offers a 100% deposit bonus, which doubles the deposit available for trading, and many contests.

Licensing

FBS is a legitimate broker with regulations from respected authorities. The company that owns the EU branch of FBS is regulated by the cyprus securities and exchange commission (cysec). The global branch is regulated by the international financial services commission of belize (IFSC).

In the EU, the broker also offers negative balance protection to retail clients. Overall, we’re happy FBS is not a scam.

Note, traders from the USA cannot register for an account, though clients from most other countries are accepted, including canada, india and nigeria.

Additional features

The FBS website has an analysis section with resources including forex-related news, market updates, and a forex TV feature that displays informational videos, weekly insights, and trading plans. This broker also provides an economic calendar and forex calculators alongside extensive educational materials such as live webinars and tutorials.

FBS economic calendar

Copy trading

The copytrade solution from FBS lets beginners replicate the success of top traders with secure, flexible trading tools. Clients can use the user-friendly mobile app to compare traders, allocate funds and create a unique trading portfolio.

Trading accounts

New clients have the option of several live account types. In the EU, the broker offers the standard and cent accounts. The global branch additionally offers the micro, zero spread, and ECN account. Order volumes are the same across account types. The ECN account has no trading limits and market execution is by ECN, unlike the other accounts which use STP. In general, the more you can deposit the higher the account tier and the more competitive the trading requirements.

When opening an account, you’ll need to submit documents to verify your name, address and the country you’re registering from.

Pros and cons

Benefits

Advantages of trading with FBS include:

MT4 and MT5 integration

Ultra-low minimum deposits

Competitive zero-pip spreads

Range of promotions & deposit bonuses

Drawbacks

Bad areas flagged in our review include:

Fewer account and trading options in the EU

Commissions payable on many trade types at the global firm

Trading hours

The FBS broker website is available at all times. Opening hours for each asset depends on the market and timezone, but forex runs 24 hours a day on weekdays. The broker also provides a virtual private server (VPS) service, which allows the client to keep their trading platform on a virtual machine 24/7.

Customer support

Customer support is available in english, spanish, portuguese, french, german and italian:

Email – info@fbs.Eu

Live chat – logo in bottom right

Contact number – +357 25313540

Address – vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus

Global

Contact options including live chat, callback, and whatsapp are available on the global website.

Trader safety

FBS ensure client personal information and privacy is safeguarded. Transactional information is also protected using transport layer security (TLS). The metatrader platforms also offer dual-factor authentication at the login stage for added security.

FBS verdict

FBS is an international forex broker that offers low minimum deposits and a variety of trading accounts with MT4 and MT5 integration, alongside the FBS trader app. Spreads are competitive, and both novice and advanced traders will feel at home with this broker.

Accepted countries

FBS accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use FBS from united states, japan, canada, myanmar, brazil, israel, iran.

Where is FBS regulated?

This broker is regulated in the EU by the cyprus securities and exchange commission (cysec) and elsewhere by the international financial services commission of belize (IFSC).

Is FBS a good broker?

FBS is a legitimate broker and not a scam. It is licensed by respected financial authorities and has positive online reviews.

Does FBS offer any bonuses?

The global branch of FBS offers 100% deposit bonuses and promotions where no deposit is required. This broker also offers trader contests and a VPS service.

What is the minimum deposit at FBS?

Clients can open an account with $1 at the global branch and $10 in the EU. The greater the initial deposit, the tighter the spreads and more advanced the trading tools.

What platforms does FBS offer?

FBS has both MT4 and MT5 platforms, which are available on any browser and as mobile apps. This broker also offers FBS trader, an in-house mobile application.

Does the FBS broker have trading on nas100?

Yes, clients can trade on the NASDAQ and three other major indices, including the S&P 500, dax30, and dow jones.

FBS india - forex broker review

FBS india is one of the leading forex brokers accepting traders from india and has gained the trust of indian forex traders since 2009. It started its operation in russia, and later, it opened its offices in most asian countries like china, malaysia, philippines, indonesia, jordan, and vietnam. FBS claims that it has more than 700,000 clients from 120 different countries around the world.

FBS forex broker complies with the international financial services commission IFSC in belize, a tax haven primary regulatory organization that regulates all the financial components of the company. It is still under debate whether it can be compared to the highly reputed and more established international regulatory organization such as the CFTC, NFA, FCA, ASIC, and cysec. However, FBS is still considered a trustworthy broker and was able to receive numerous awards and recognitions due to its positive review from existing customers. However, it is not free from criticisms either.

One of the many reasons why indian forex traders open an account with FBS is because of its low minimum deposit of $1, which is for an FBS cent account.

Is FBS forex broker legal in india?

This is one of the most important questions that indian traders always ask. Even though forex trading is very popular around the world, there are some countries like india that it has some restrictions. Although it is not illegal to trade forex in india, indian traders have to follow RBI’s guidelines while trading forex. RBI guidelines allow forex traders in india to trade currency pairs having INR as a base currency, like USD/INR, GBP/INR or EUR/INR to name a few. As per RBI regulations, forex trading is allowed in india with india based regulated brokers and only with permitted currency pairs.

However, FBS forex brokers accept indian traders like several other overseas brokers as their country of business allows them to do business globally. So FBS has thousands of indian forex traders registered with them and trading in a demo or a live account. You must, however, consult a legal advisor seeking clarification before doing business with FBS forex in india.

However, the forex traders trust and rely upon on FBS forex as a global forex broker because of its high standard services.

FBS forex: your complete guide and review

FBS forex is a company that has run its operations for more than a decade. It was founded back in 2009 and has risen in the ranks to be among the most sought after brokers in the market. The website is owned and operated by FBS markets inc. It continues to improve its services meeting all the desires of its customers. This explains why it has 14884703 registered users who flood its website to place trades.

You can find this company in 190 countries worldwide which over 70000 accounts being active every single day placing trades. It's fully licensed and regulated to operate as a trading platform offering its users 46 different instruments to choose from. This gives you a chance to diversify your portfolio and spread the risk. Rely on the customer support available 24/7 ready to assist you in any way possible as you go about your trading activities. The website can be translated into 18 languages.

It has won many awards over the years the most recent being the 'most progressive broker europe 2019'. Other awards won are the 'best trading account 2018', the 'best broker asia 2018', and the 'best international broker 2017'. Enjoy the bonus when you make a deposit to your trading account. The broker gives a 100% bonus on the amount you deposit with the minimum accepted being $1. This broker is the official trading partner of FC barcelona.

Is FBS forex a reliable forex broker?

This broker has managed to create an impressive operation over the last decade rising the ranks to become one of the best in the business. With over 14884703 users, it continues to improve its services ensuring all its clients feel safe and secure while trading. This is a fully licensed and regulated broker by respected authorities which cements its reliability.

In europe, FBS is regulated and licensed by cysec which is one of the most recognized authorities when it comes to supervising trading companies operating within the EU. The FBS is also a member and contributor of the ICF (investor compensation fund) which gives european traders an added layer of protection. Each trader can be granted 20000 euros in case the broker goes belly up and isn't able to pay its traders for any reason.

Outside the EU, traders are protected by the IFSC (international financial services commission) that operates out of belize. All these steps taken to be regulated and licensed gives traders the added security that they're dealing with a transparent and trustworthy company.

Types of trading accounts

The types of accounts on FBS forex can be grouped into 4 categories:

Demo account

EU traders accounts

International traders accounts

Islamic accounts

Demo account

The demo account for this broker is called the 'trade 100 bonus'. Use this account to train and get more trading experience before you start investing real money on different instruments. You must register which is done by three means. You can sign up via your facebook account, google account, or through email.

You get $100 free from the broker to practice with on the bonus account. Learn as much as you can by using the video tutorials and put that knowledge to the test by using this bonus amount.

EU traders accounts

Being a resident of any country within the european union limits the types of accounts you can register on this platform. This is because of EU regulations that limit you to only two types of accounts.

Standard account

It takes only a few minutes to register the standard account. You should deposit a minimum amount of 100euros to start using this account for trading purposes. You're permitted to have 200 positions that are open and have pending orders while the accepted leverage is 1:30.

Cent account

As a beginner in europe, this is the best account to start trading with after the demo account. You only deposit a minimum amount of 10EUR to start trading. The open positions permitted are 200 and the leverage is 1:30.

International traders account

Traders outside the EU have access to more types of accounts than those residing within it. This means you can choose the best account depending on where you're located in the world. FBS has a presence in 190 countries worldwide.

ECN account

It's better to open this account if you have more experience in trading or are a professional in the industry. The minimum deposit is $1000 and you get -1pip floating spread. There is a fixed commission charged $6 with leverage of up to 1:500. When it comes to pending orders and the maximum positions that can be open, there are no limits to this whatsoever. ECN is the market execution used.

Cent account

As a beginner, this is the best account to start trading with because you can gain more experience and not use so much money in the process. This is because you're permitted to deposit as low as $1 into your trading account with a leverage of 1:1000. Hi get you an order volume of 0.01 minimum and you use floating spreads that start at 1 pip. There are no restrictions when it comes to using the robots and strategies provided by this broker.

Unlimited account

The minimum deposit accepted for this type of account is $500. 0.2 pips are the floating spread. This account grants you access to all the pending orders and open positions you want without any limit to how many you can have at a time. This gives you the freedom to trade as you see fit without any worry of restrictions limiting your reach.

Standard account

As a mid-level trader with more experience and confidence in your trading skills, this is the right account for you to open. The minimum deposit accepted is $100 with a leverage of 1:3000. With this account, you can focus on reducing risks while improving your profit margins.

Zero spread account

More experienced traders need this type of account that accepts a minimum deposit of $500 to start trading. You execute all trades without any spread. This gives you more room to study the current conditions of the market and there effect on trade. A $20 commission is charged per lot.

Islamic accounts

The broker has taken into account its muslim traders and allows them to swap their accounts to those that adhere to a 100% sharia law. These swap-free accounts are available to all citizens residing in countries that have islam as one of the major religions. For those countries where this is not the case, contact customer service for assistance to change the account.

FBS trading platforms

Both windows and mac can use the MT platform software that this broker supports. Simply download it onto your device and start using it. Both MT4 and MT5 are used for trading and you benefit from their features.

There are limitless possibilities when using MT4 as the preferred software for all the trades you place. Through it you can trade in many instruments under cfds, indices, forex, stocks, etc. The leverage for this global platform is 3000 and you don't have to worry about any re-quotes.

Features of meta trader 4

There are helplines that are inbuilt on the MT4 and language for meta-quotes that are ready to offer any assistance needed.

MT4 is built with the capacity to handle orders in the largest possible quantities

You know all the latest market news from around the world and can even live stream.

Trading is executed fast and precise with only one click required to activate it.

You can customize it to have various time frames and indicators that are designed to suit your trading requirements.

You can import or export all historic data stored in it while managing your database adequately.

There is a wide variety of tools for charting and indicators numbering 50 in total for comprehensive analysis.

You can use advisors that are experts in the field.

Easy download and installation onto any device you want.

Meta trader 5 is more advanced than the MT4 and soon it shall replace it completely. You work with various activities simultaneously and can trade on several instruments like cfds, metals, forex, among others. There are no requotes and 3000 is the leverage expected.

Features of meta trader 5

Fast trading with only one click required

Spreads are low for this platform

Graphic orders have parameters that can be edited.

Option to use the 'history' tab to select specific times in history

The chart displays all orders that are still active

Uses the most advanced technical tools of the two platforms

Inbuilt online store with already created scripts, indicators, and advisors for trading.

Trading instruments

Trading instruments that you expect to get from this broker are cfds, currency pairs, and metals, stocks (for international traders only).

Forex (currency pairs)

All currency traded in the forex market is in pairs which means you should compare the value of the two to obtain their relative value. The major currencies in the world get most of the activity as forex carries the largest volume of trade in the world. It also has the highest liquidity of any other asset for trading. All currencies traded in forex must be abbreviated, an example, EUR, USD, CAD. Pairs are written as EUR/USD where the first abbreviated currency is the base followed by the quote currency. Units of the quote currency are used to calculate the price of the base.

All the currencies traded are divided into three groups namely major, exotic, and crosses. The major currencies see the most activity on the forex market making them the most popular among traders. They're the currencies of the major economies of the world like USD, AUD, EUR, JPY, GBP, and CHF.

Exotic currencies are those from the developing economies paired with major currencies. The developing economies are mainly mexico, brazil, and india which gives you pairs like USD/TRY, EUR/SEK. Crosses are major currencies paired together but don't include the USD. This gives you pairs like EUR/AUD, JPY/GBP.

FBS forex majors on currency pairs for the forex market but experienced traders prefer to diversify their portfolio by adding more assets like cfds. This enables you to spread out your risk while increasing your chances of turning a profit. Contracts of difference are between a seller and buyer witnessed by a broker who acts as the connection between the two.

The price of an underlying asset is the one that bases the CFD and traders benefit from the difference between the price for the seller and the buyer. You don't physically own the asset which reduces the risk you incur in this trade. They permit you to open both buy and sell trades and trade on the usual MT5 platform that you're familiar with.

Metals

Trading in metals can be traced throughout history especially when it comes to precious metals like silver and gold. They don't lose value and can be used for exchange anywhere in the world. As you diversify your trading portfolio, consider adding metals to your assets as they're rarely affected by economic changes anywhere in the world. You should not worry about inflation either.

When trading in metals, you're not buying it physically. You don't get actual gold when you place a trade on it, you use the spot price of this precious metal as it goes up or down in the market. This fluctuation in price symbolizes certain changes in the world economy influenced by several factors.

There is never much change when it comes to trading in gold and most investors prefer is for this stability in pricing. It's the safest assets to trade in when times are uncertain and gold acts more as a currency than a commodity that can be bought or sold. Other precious metals are platinum and silver.

How to open an account on FBS forex

To trade using money means you open a trading account and deposit money into it. Do this after you've tried your skills on the demo account and are confident enough you can take part in real trade. Opening a trading account is easy and only requires a few minutes to complete the process.

Open a blank browsing page and input the FBS website www.Fbs.Com

Once the homepage loads, click on 'open account' to start the registration process to get a trading account on the personal area

There is the option to register an account using your google or facebook social pages

Choose the type of account you want to operate. Refer to the types of accounts on this review and select the one that suits your needs and level of trading experience. Beginners are best suited to use the cent account that has a minimum deposit of $1.

Fill in your full name and email then click on 'register as a trader'

This opens a new page that you use to sign in if you have a google account. You can still head to your email and activate the trading account by clicking on the link sent to you.

Follow this by depositing funds to start trading.

How to deposit on FBS

It's important to follow the registration process by depositing money into your new account before you can start trading. The process for deposit is straightforward and there are several methods available to use on this platform. The various methods for you to choose from are visa, neteller, sticpay, skrill, perfect money, and bitwallet. To deposit money:

Load the website for FBS and log into your trading account on the personal area.

Scroll to the 'financial operation' then select 'deposit funds' from the provided list of activities.

Choose the method you prefer to use for depositing funds into your trading account

Input the account details and the amount your wish to deposit into the account keeping in mind the limit for the type of account you opened.

Choose the currency you prefer to transact in

Click on 'deposit account' which then redirects you to the payment page for the selected method, for example, neteller.

Receive the PIN code for the method of payment to authorize the transaction which you then fill on the provided space.

Click on 'continue' then 'confirm payment' to complete the process.

How to withdraw from FBS

You must know that the same method you use to deposit money is the same one to use when withdrawing. You can't be allowed to use different methods for the two processes.

Load the website for FBS and log into your trading account on the personal area.

Scroll to the 'financial operation' then select 'withdraw funds' from the provided list of activities.

Choose the method you prefer to use to withdraw money from your trading account

Input the account details and the amount your wish to withdraw

Choose the currency you prefer to transact in

Click on 'withdraw account' which then redirects you to the payment page for the selected method, for example, neteller.

Receive the PIN code for the method of payment to authorize the transaction which you then fill on the provided space.

Click on 'continue' then 'confirm payment' to complete the process.

There might be a withdrawal commission depending on the method you use to transact which also determines the processing time.

Monitor the status of your transaction by clicking on 'transaction history'.

What makes FBS different from other brokers?

On top of constantly improving its services to give the customer the best trading experience on the platform, FBS is fully licensed and regulated. This means it has to run a transparent and honest operation that is above board. It's a contributor to the IC fund means to compensate customers in case the company falls into financial hardships. Each user can expect to get up to $20000 from the compensation fund.

A reliable customer support network ensures clients from all across the world get fast assistance no matter where they're located. This company has a presence in 190 countries and sees to it that all these users are catered to. You can chat up an agent on the homepage of the website to ask any question or lodge a complaint.

There is extensive material to learn all about trading with a guidebook that takes you through all the major processes involved. As a beginner, this is the best place to start and learn as much as you can. There are even tips that traders can use to make good decisions while trading on this platform.

Great educative content and materials

Easy account registration process

Regulated and licensed in europe and internationally

Swap-free option for muslim traders

Only has MT4 and MT5 platforms

⚖️ is FBS forex regulated in indonesia, brazil, south africa, india, nigeria, kenya, and other countries?

Yes, this broker is regulated in all the regions and countries it operates from. It's regulated in europe by cysec and internationally by IFSC.

�� how to open an FBS forex demo account?

Open an account following the process of a trading account but ensure you specify you want to use it as a demo account first.

�� how can you close an FBS forex account?

FBS doesn't permit you to close an account. You can choose to leave it inactive for 90 days when it shall be archived. To restore access, simply log in and start trading.

�� does FBS forex provide investors with any bonuses?

You can benefit from bonuses provided on this platform. You get a 100% bonus on your first deposit on a new trading account and you can withdraw profits you get while using the bonus.

⚙️ what instruments are can you access from this forex broker?

Forex, cfds, shares, and metals.

�� does FBS forex have an app?

Yes, there is an official FBS app that you can download on your android or ios smart device.

Conclusion

Overall this is a well-designed platform with a user-friendly interface. All the educative content helps beginners learn as much as they can about trading the right way. Take time to practice on the demo account then open a live account depending on the type you want and where you're located.