FBS the online forex broker founded in 2009, with over 10 years in the market and now the choice broker for over 14 million traders! Guys, that’s a lot! FBS has a presence in over 190 countries and since 01 January 2020 became official trading partners with one of the if not the greatest soccer team in the world – FC Barcelona. Although spending mega-bucks on football teams isn’t the perfect review indicator, it does tell you their reputation and how far they have come. FBS continues to win many awards including Most Progressive Forex Broker 2019, Best Investor Education 2017, Best Forex Trading Account 2018 and a plethora of others.
FBS is headquartered in Limassol, Cyprus. For European clients (all EEA region) the regulation is under CySEC, and for everyone else by their Belize entity which is regulated by the IFSC. The FBS regulated brokers apear to be owned by a Marshall Islands “group” company called FBS Inc. Your payments are handled by a processor company (same people) called HDC Technologies Ltd, in Cyprus.
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Note, FBS (the brand) does not provide brokerage service to customers from: Japan, USA, Canada, Myanmar, Brazil, Malaysia, Israel and the Islamic Republic of Iran
fbs.com – FBS Markets Inc is regulated by IFSC, license IFSC/60/230/TS/19
fbs.eu – Tradestone Limited; authorized by CySEC, license number 331/17.
FBS online broker offers various account types to suit the different level of traders, the account types include:
This account is ideal for experienced traders, it offers a spread from 0.5 pip with an initial deposit of $100 and leverage up to 1:3000.
A cent account suits those who are just beginning their journey in forex, it offers spread from 1 pip with an initial deposit of $1 and leverage up to 1:1000.
FBS Orders are executed within the NDD (Non-Dealing Desk) and STP (Straight Through Processing) technologyi.e. Market Making, STP from one legal entity to another :o)
This account is ideal for those who want to be able to calculate their profits precisely, it offers a fixed spread from 3 pips with an initial deposit of $5 and leverage up to 1:3000. The fixed spread never widens/changes, so provides a constant which often works out cheaper than variable spread accounts, which can dramatically widen during market volatility.
Zero Spread Account
Zero spread is designed for traders who value speed in their trading activities, it offers a fixed spread from 0 pip with an initial deposit of $500 and leverage up to 1:3000. Note this account type carries a commission charge of $20 per lot.
For all you ECN fans out there, this account is designed for traders who want to feel the full power of ECN trading technologies, it offers flaoting spreads from -1 pip (like a ‘cash back’) with an initial deposit of $1000 and leverage up to 1:500.
FBS Bonuses and Promotions
Unlucky Europe – no prizes for you. Congratulations everywhere else! FBS offers a decent range of introductory bonuses and loyalty promotions.
FBS Trading instruments and Platforms
FBS offers trading instruments in forex, metals, CFD, Stocks, Forex Exotic. FBS operate the most popular trading platforms which are the MetaTrader 4 (MT4) – this platform is performing well on Android, IOs and desktop- plus the MetaTrader 5 (MT5) and the new FBS Trader app all of which comes with their benefits. For those who prefer other traders to do all the work, there is also a nice Copy Trading app to download … and, well … copy successful traders.
FBS Customer support and feedback
Customer support can break or make traders experience FBS support is available in 18 different languages with 24/7 support, phone email and live chat is available for traders.