The broker also provides access to online Video Lessons covering a wide variety of topics for all types of traders. The broker also lists its Forex Webinars Schedule online, allowing users to register online as well.
For clients from the EU and UK, FBS offers free online Forex courses for traders of any level.
Trading Experience
“FBS provides a simple trading offering to trade on most major markets on the MetaTrader 4 and MetaTrader 5 trading platform across a variety of different types of trading accounts which include commission-free and commission-based trading with fixed or floating spread options.”
From our observations, FBS provides a simple trading offering suitable for both beginner and advanced traders. The broker offers five different trading accounts to access commission-free trading and commission-based trading with fixed or floating spreads on the MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Web, Android and iOS.
Opening an account is a simple process with access to a wide variety of different funding options. The broker also provides access to additional trading features such as the FBS CopyTrade app which will interest both beginner traders looking to copy other traders and experienced traders looking to find investors and be rewarded for their trades.
However, it is important to note that the broker is regulated offshore by the International Financial Services Commission (IFSC) of Belize and does not mention the segregation of client funds from its own anywhere in its Terms and Conditions.
FAQ
Is FBS regulated?
Yes, by the International Financial Services Commission (IFSC) of Belize; the Financial Sector Conduct Authority (FSCA, South Africa); the Cyprus Securities and Exchange Commission (CySEC, Cyprus); and the Australian Securities and Investment Commission (ASIC, Australia)
Where is FBS based?
FBS is based at 2118, Guava Street, Belize Belama Phase 1, Belize; 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol, Cyprus; Level 4, 350 George St, Sydney, NSW 2000, Australia
How does FBS make money?
FBS makes money mainly through spreads, swaps and commissions on certain trading accounts and asset classes.
How do I deposit in FBS account?
Funds can be deposited into a trading account via Credit/debit card; wire transfer, Skrill, Neteller, Rapid Transfer, STICPAY, Perfect Money, local banks, local payment systems, and local exchangers.
What is the min. deposit for FBS?
The minimum deposit is $1.
How do I withdraw money from FBS?
Funds can be withdrawn via Credit/debit card; wire transfer, Skrill, Neteller, Rapid Transfer, STICPAY, Perfect Money, local banks, local payment systems, and local exchangers.
What is the max leverage in FBS?
The maximum leverage offered by FBS is 1:3000.
How do I open an account with FBS?
An account can be opened at the click of a button on the FBS website.
Does FBS use MetaTrader?
Yes, MetaTrader 4 and MetaTrader 5.
Conclusion
“FBS is a Forex and CFD broker offering to trade on Forex, Indices, Stocks, Metals and Energies on the MetaTrader 4 and MetaTrader 5 trading platforms for PC, Mac, Web, Android and iOS with a maximum 1:3000 leverage, copy trading services and a range of bonus promotions.”
FBS was established in 2009 and is the official trading partner of FC Barcelona. The broker boasts a presence in more than 150 countries with 16 million traders and 410,000 partners.
FBS is a brand name of FBS Markets Inc which is authorised and regulated by the International Financial Services Commission (IFSC) of Belize. FBS also operates a European entity which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). This review is based on the services provided by the entity regulated by the IFSC.
Users are offered five different trading accounts called Cent, Micro, Standard, Zero Spread and ECN. Each account comes with different features and benefits such as the ability to trade commission-free with floating or fixed spreads or commission based on an ECN account.
FBS offers the ability to trade on multiple asset classes covering Forex and CFDs on Stocks, Indices, Metals and Energies on the MetaTrader 4 and MetaTrader 5 trading platforms for PC, Mac, Web, Android and iOS operating systems. Users can also access copy trading services via FBS CopyTrade.
The broker also provides access to a range of different research and education tools through articles, video lessons and webinars, as well as a wide variety of bonus promotions such as the 100% deposit bonus, as well as different trading contests. Users can contact the broker 24 hours a day, 7 days a week via callback, live chat and other mediums such as Viber, Telegram and Facebook messenger.
- Commission-free trading accounts available.
- Access to ECN accounts.
- Can trade on MetaTrader 4 and MetaTrader 5.
- Provides access to copy trading via FBS CopyTrade app.
