8 /10
Overall Rating

FBS Review

Visit FBS

In every broker review, we focus on the information available to clients with direct contact with the brokers representative. Furthermore, we often consult with traders having accounts on the broker to get a neutral opinion about the services offered. Overall we use direct interaction with the broker, public opinion analysis, live and demo account testing, and even the accuracy of the price chart. Please go through this page on how we conduct our broker reviews.

FBS is a Forex and CFD broker which offers trade on Forex, Indices, Stocks, Metals and Energies on the MT4, MT5 and FBS Trader trading platforms for PC, Mac, Web, Android and iOS.

However, there is more to know about this broker. Is it wise to make an account here? Continue to read AtoZ Markets’ full FBS broker review to learn more.

Overview

Company
8 /10
Trust
9 /10
Trading Platform
9 /10
Account Types
9 /10
Costs
9 /10
Customer Support
9 /10
Regulation
9 /10

Company

8 /10

FBS is a leading Forex broker offering trading opportunities in a wide range of financial instruments that includes multi-market Forex, metals, CFDs and more. 

Operating since 2009, FBS has won numerous prestigious awards including Best FX IB program and best international Forex Broker. The  CySEC and IFSC regulated forex broker is trusted in 197 countries for its unrivalled customer services, ideal trading conditions and technological sophistication. 

Some of the top highlights from our FBS review are listed below:

  • Easy account opening 
  • Extremely well-regulated
  • Top-notch educational facilities 
  • Wide-range of financial instruments 
  • Multiple types of trading accounts 
  • Unparalleled promotional offers and bonuses

Trust

9 /10

During our review, we found that FBS emphasizes transparency to meet trader’s expectations. Therefore, the company has taken several measures to ensure the safety of funds.

Furthermore, FBS strictly follows the regulatory compliance audit with regular accounting audits for traders' pace of mind. As forex trading puts pressure on trader's minds, keeping funds separate from broker's funds ensures traders enjoy a hassle-free trading experience.

Besides the fund safety, this broker published all of its legal documents on the website. Therefore, traders can see how the company is operating with its partners.

Trading Platform

9 /10

FBS utilises one of the most famous and useful trading platforms which are MetaTrader 4 and  MetaTrader 5 trading platforms. The MT4 trading platform is considered the most renowned platform in the world which has been widely adopted by financial brokers within the industry due to its robustness and reliability.

Moreover, traders also like the MetaTrader 4 trading platform due to the fact that it provides trading tools that are incorporated into the platform itself. With the MetaTrader 5 trading platform, traders can look forward to several trading features which is essentially an updated version of MetaTrader 4. The MT5 trading platform is designed to handle trading in multiple asset classes. 

Both the MT5 and MT4 trading platforms are available on desktop which means there’s no need to download any additional software as WebTrader is essentially a web-based site for FBS.

Account Types

9 /10

One of the most important factors to open an account with the forex broker is their account type, which we can say FBS leads among other brokers in the market. FBS offers a wide range of trading accounts to their customers, from beginners to experts traders of course.  

For customers who use fbs.com can take advantage of five different trading accounts called Cent, Micro, Standard, Zero Spread and ECN that fits for all types of traders. 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.

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

There are four different trading accounts offered on the site (fbs.eu), including Standard Account for experienced traders, the Cent account for beginner traders and Demo Standard Account and Demo Cent Account.

Costs

9 /10

As per data provided in the FBS website, we can say that the broker is highly competitive in terms of cost. All the cost provided by the broker for different account types is highly reasonable. Each account comes with different features and benefits. For example, the Cent, Micro and Standard account are commission-free. Each of these offers fixed or floating spread options and different minimum initial deposits from just $1 to $100.

The Zero Spread Accounts offers a fixed spread of zero pips with a high commission from $20 per lot, as well as high leverage of 1:3000. 

Moreover, customers can also access the ECN account which has the highest minimum deposit of $1,000 with commissions of $6 per lot, floating spreads from 1 pip and maximum leverage up to 1:500.

Deposit Options: Credit Card, Neteller, PerfectMoney, Skrill, Wire Transfer

Withdrawal Options: Credit Card, Neteller, PerfectMoney, Skrill, Wire Transfer

Customer Support

9 /10

As per our readers' feedback, we can say that FBS provides great customer support. Their customer service is available in multiple languages. With 24/7 support, which is exceptional for the forex industry where the standard is 24/5. Support is available by telephone, email, live chat and social media channels.

Moreover, FBS also provides support in a wide range of languages including English, Spanish, Portuguese, Arabic, Chinese, Japanese, Indonesian, Malaysian, Thai, Urdu, Vietnamese etc. On the top of it, FBS Inc has a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

 The broker’s Live Chat support system is very responsive, and the support agents are very professional and knowledgeable about the FX market. 

Regulation

9 /10

FBS broker is regulated by top most regulatory bodies, which are IFSC (fbs.com) and CySEC (fbs.eu).

The website is owned and operated by Tradestone Limited (address: 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol, Cyprus) under the registration number HE 353534 and the broker is authorized by Cyprus Securities and Exchange Commission, license number 331/17. Also, FBS is regulated by the International Financial Services Commission (IFSC) in Belize.

The broker has offices in a number of Asian countries, including Malaysia, China, Indonesia, South Korea, Thailand and Myanmar with an active traders base of over 14 million traders worldwide. 

Conclusion

As per our AtoZ Markets FBS review, the broker offers all the great services including dedicated education facilities, unparalleled promotional offers, top-notch customer care and high fund security. Based on AtoZ Markets FBS review and feedback from our clients, we conclude that FBS as a reliable and trustworthy broker. 

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