Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform. Contact options including live chat, callback, and WhatsApp are available on the global website. 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.

Our FBS review team found that the broker processes withdrawal requests incredibly fast compared to competitors. You should receive e-wallet and card withdrawals within 20 minutes and bank wire transfers within 48 hours. Account access, trade executions, and system response may be adversely affected by market conditions, quote delays, system performance, and other factors. It is recommended that investors seek independent advice before trading, according to research.

The terminals support the installation of new indicators and advanced trading systems for deep market analysis. They allow the use of pending orders, automatic trading advisers, hedging, scalping, and mobile trading, not to mention the display of the most actual market news. By the way, a convenient trading terminal, WebTrader, can be launched in your browser. As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients. FBS is not a common broker that is based and operates in a particular area. It is actually a typical international trading platform that has many offices alongside the entire world. The headquarters and the basic administrative centers of FBS are located in the Asian countries Indonesia, Malaysia and China.

fbs review

In addition, the FBS got international branches with customer support in more than 150 languages and countries. FBS is very well-known through live events and charity for poor people. The broker is specialized in forex trading, which you can see on the broker’s homepage. FBS tries to give its clients the best conditions for trading currencies. With this broker, you can types of brokers start trading with any amount of money because the minimum deposit is only $ 1. FBS was established in 2009 and has grown to become a favorite international brokerage company that has won various accolades. It has great trading conditions, a good number of trading account options, the option to choose between fixed and variable spreads and different payment methods.

Company Information

This proves that it’s important for the company to see the real problems that users of the service face. Of course, you’d like to know whether we should regard FBS as another scam or not. Well, having thoroughly studied the capabilities of the platform, today we can confidently say – no! When opening a trading account with FBS Inc, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on FBS Inc trading platforms here.

  • If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.
  • You head onto the account funding section right there on your dashboard.
  • It is available on any of the accounts at FBS and you can use either of the trading platforms corresponding to those accounts.
  • There are many currency pairs available, but the choice of CFDs is also very high.
  • FBS could spend a bit more time and effort to describe the strategies more in depth, especially for new traders to get a better picture of what each strategy is about.
  • Under the MiFID directives, all the brokerage companies that are regulated by CySEC are entitled to carry out their operations in the EU.

In addition, Forex traders can use the FBS Trading Calculator to get full information on a trade before entering it. FBS Markets Inc does not provide services to Japan, USA, Canada, UK, Myanmar, Brazil, Malaysia, Israel and the Islamic Republic of Iran. In the EU and the UK, FBS is operated by Tradestone Limited, which is authorised and regulated by the Cyprus Securities and Exchange Commission . In Australia, FBS is operated by the Intelligent Financial Markets Pty Ltd with the Australian Securities and Investments Commission regulation . Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation.

The Leverage Was Changed Without My Knowledge And This Caused My Loss Service Use: Livelength Of Use: 6

Jitan is a currency trader and an accredited Market Technician with more than 15 years of experience working with fund managers and on several proprietary trading floors. He is regularly quoted in the financial media for his currency market insights and forecasts and is based in London. FBS also offers its own proprietary trading platform, FBS Trader. As for the link to MT4 client, please be informed fbs review that it leads to the official website of MetaQuotes Software Corp., the leading developer of financial trading software. It often happens that antivirus software products perceive the hacking protection mechanisms of the MetaTrader 4 client terminal as a virus threat. Therefore, we would recommend using more reputable antivirus products rather than the aforementioned “Zillya” antivirus.

fbs review

Although this doesnt mean FBS Inc are awful, we recommend trading with regulated brokers. You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card. Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms.

Instruments Traded

There are at least two of these a day and you can refine them based on whether you want a Technical Analysis idea or a Fundamental Analysis viewpoint. For example, on the beginner level they went through some of the most elementary disciplines of Forex including the differences between Technical and Fundamental Analysis. The Forex guides are helpful step-by-step posts that take you through numerous disciplines in Forex trading. These are positioned at traders of all skill levels and are fairly comprehensive.

fbs review

We hope you got a bulletproof concept about this broker which will help you to choose this broker as your gateway to enter into the money-making world. According to an online survey, we found there are many traders who think FBS login is not available in Malaysia, Indonesia, or some other countries. FBS Malaysia, FBS Indonesia, and FBS for other Asian countries are available and well-managed by FBS central. So, don’t worry or be confused if you are from a trading unfriendly country because FBS will never discriminate whether you are from an active country or not.

When Was Fbs Inc Founded?

Then you choose the right amount for you and the payment method. With electronic methods like credit cards, the money will be directly in your trading account. In addition, you can choose a free bonus to get even more money to trade with. FBS generates its revenue primarily from spreads which is the difference between bid and ask prices as well as swap rates charged on holding forex platform trading positions overnight. FBS doesn’t offer ECN accounts and therefore is not charging trading commissions. Spreads start as low as 1.0 pip and increase depending on the liquidity of the currency pair. The broker offers “Swap Free Islamic Accounts” accounts in order to offer their services to Muslim traders who are prohibited by their faith to accept or be charged interest.

Usually, Bitcoin deposits are credited within 24 hours. If the funds are not credited in 24 hours, then you can contact our support team () with the payment confirmation. Our Financial department will contact the payment processor and clarify the status of your deposit transaction. FBS does not provide its services to clients who live in Japan, USA, Canada, UK, Myanmar, Brazil, Malaysia, Israel and the Islamic Republic of Iran. FBS boasts of 12 million traders and 370, 000 partners from over 190 countries. Now I am passionate about reviewing and comparing forex brokers. Thespreads charged on our forex, stocks, and indices trades were much lower than the industry average.

fbs review

These include the most common ones available for the FBS CY entity and much more at its international branch. No, FBS is not a scam, FBS is a brand name used by the Tradestone Limited, which is a Cyprus registered company, EU and MiFID regulated investment firm registered with CySEC. All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website. It is licensed by respected financial authorities and has positive online reviews.

So, we decided to test out the FBS customer support to see how they stack up. This is the most well-known trading trading platform platform that was first released in 2005. It is used by millions of traders and countless brokers.

The broker has international and European licenses, which is why fraud is ruled out. In summary, we can recommend the provider, as he offers to trade in the forex market very cheaply. The broker scores points with numerous account types and bonus offers. The trading platform MetaTrader is also professional and available in versions 4 and 5. In addition, the support replies very fast in different languages. Of course, there are also negative aspects of the platform, which mainly relate to problems with the withdrawal of capital, unprofessional managers, long verification, etc. Do note that a representative of the organization works online, analyzing the comments of the clients.

Payment System, Deposits, And Withdrawals

The MT4 Multi-terminal which is used to manage multiple accounts is also available. FBS probably uses an MT4 bridge to be able to offer STP with this platform. In this review, you can find all the information you need to decide whether FBS is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how FBS scored in each of our high-priority categories.

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