FBS Review

FBS Video Review:

FBS Inc Financial Brokerage Services (FBS.com) is an internationally based broker with satellite offices in Indonesia, Malaysia and China. The company was incorporated in 2009, with its registered address as 301, Sterling House, Lislet Geoffroy St, Port Louis, Mauritius. Its Panama headquarter is located Plaza 2000, 10th Floor, 50th Street, Panama, Republic of Panama. The addresses for the satellite offices are:

• Jakarta, Indonesia

Skyline Building 19th Floor, Sakura Suites, Jl. M.H. Thamrin Kav.9 Jakarta 10340, Indonesia

• Surakarta, Indonesia

Honggowongso Square, Jalan Honggowongso No.57 Block B6, Surakarta/Solo, Jawa Tengah, Indonesia

• Selangor, Malaysia

No 21-2 Jalan Sepah Puteri 5/1B, Seri Utama Trade Center, Kota Damansara, 47810 Petaling Jaya

Tagged by Global Banking & Finance Review as the “Fastest Growing Forex Broker Asia 2012”, the company is poised to set new heights in 2012.

Platforms

FBS.com Review

FBS uses a trading platform called “FBS Trader 4” which is based on Meta Trader 4. They also offer mobile trading through their “FBS Trader Mobile” app for mobile devices. To facilitate their clients’ trading, FBS Inc offers three types of trading accounts:

• Micro Accounts – for beginners in Forex trading
• Standard Accounts – for more experienced traders in Forex
• Unlimited Accounts – for Professional and investors

Each type of account confers different benefits and cost of trading.

Commissions and Spreads

FBS Inc does not charge any commissions on trades done with them. In lieu of commissions, they charge spreads instead. The amount of spreads charged will depend on the type of trading account held by the trader. For Micro Accounts, the spread is fixed and can go as low as 2 pips. For Unlimited Accounts, the spread is floating and starts from 0.4 pips. Leverages offered starts from 1:100 to 1:500.

Customer Service

FBS Inc offers customer support in several languages. Apart from English, The website is available in:

• Bahasa Indonesia
• Bahasa Malaysia
• Chinese
• Russian
• Spanish

The customer support team can be reached 24/5 through Live Chat, email at support@fbs.com or calling them at the following international numbers:

• China (North):  - (10 800 713 1251)
• China (South):  - (10 800 130 1212)
• India:  - (000 800 100 7131)
• Indonesia:  - (001 803 015 203 9782)
• Malaysia:  – (1 800 815 301)
• Panama:  - (+230 403 4437)
• Russia:  - (8 800 555 444 2)
• South Korea:  - (00 308 132 524)

Reliability

One of FBS Inc’s strength lies in their analytical support. Their analytical department is staffed by leading experts in the financial markets. Their analyses are frequently published by major media outlets as financial news which sort of indirectly giving testimonial as to the reliability of FBS Inc.

Promotions

FBS Inc is presently conducting several promotional offers:

• $5 Cash Reward for opening a micro account
• The “«999» monthly trader demo contest”

Winners of this contest get the following prizes:

1st prize – $555
2nd prize –$333
3rd prize – $111 

• FBS MasterCard for FREE!

When you deposit $500 or more, the cost of the FBS MasterCard is waived.

Pros:

• Good customer support
• No hassle withdrawal of profits with the FBS MasterCard
• Good market analysis provided
• High leverage
• Low start-up for trading
• Reliable trading platform
• Mobile trading support
• Low spreads
• Tiered types of trading accounts
• Insurance for Breakeven Trading provided

 Cons:

Some people might find the fact that FBS Inc is not regulated in any major markets an issue of concern.

Conclusion

Overall, FBS Inc seems to be a reputable broker to deal with. They have already won numerous awards and the feedbacks on review sites indicate that many clients are happy with their services. What makes FBS Inc truly unique among other brokers is their “Breakeven Trading” insurance scheme. They are the only company that allows you to insure your deposits (10 to 100%) and if you lose it during trading, the company guarantee to pay you back. This, in my mind, indicates very strongly that the company is not a scam job.