What is FBS?
FBS is a reputable CFD broker operating globally. It offers competitive fees for stock and stock index CFDs, and there are no charges for account inactivity. Opening an account with FBS is quick and straightforward, and the deposit and withdrawal processes are convenient and free of charge. The broker provides excellent customer service and offers comprehensive educational materials for traders. However, FBS has a limited product portfolio focused solely on CFDs. Additionally, the availability of account base currencies is limited, and non-EU clients do not have investor protection. Based on an analysis of 500+ criteria and live account testing, BrokerChooser has given FBS a rating of 4.5/5.
What Are the Pros and Cons of Trading with FBS?
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👎 Cons of FBS |
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FBS Reviews Account Opening
Can You Open an Account at FBS?
Experience the versatility of FBS by choosing between the Standard account on either MetaTrader 4 or MetaTrader 5. Feel free to explore the demo version to test the account before diving in. Start your trading journey in the captivating world of FBS by opening a Standard account today!
If you have trouble creating an account on FBS. Don't worry, we will help you. Please follow the steps below in the correct order to ensure successful registration:
- Step 1 – Create an account, open Exness official website www.FBS.com, and select Open Account in the top right corner.
- Step 2 – Fill in your details in the form: Add your email address and set your password. In addition, you have the option to authorize your account using your Google or Facebook credentials. This convenient feature allows for a seamless login process.
- Step 3 – Select Account
- Select the option to ‘proceed’ and the account types will open then select options.
- Step 4 – After activating the account, the user can commence trading by depositing funds.
How Many Account Types Does FBS Offer?
FBS provides a variety of account types catering to traders of all experience levels, offering both demo and live trading accounts to meet your specific needs.
When opening an account, you have the option to choose between the Standard Account and the Cent Account. The Cent Account is particularly suitable for beginners as it has lower requirements and involves lower risks.
FBS account types to select from:
- Cent Account: Designed for low-risk trading, the Cent Account reflects balances in cents, creating a favorable environment for traders.
- Micro Account: With a wide range of tools, the Micro Account enables traders to calculate their profits more accurately, enhancing their trading experience.
- Standard Account: Offering a traditional and conventional trading experience, the Standard Account caters to traders seeking a familiar trading environment.
- Zero Spread Account: The Zero Spread Account features spreads starting from 0.0 pips, providing traders with competitive pricing and optimal trading conditions.
- ECN Account: Chosen by advanced and professional traders, the ECN Account offers access to an Electronic Communication Network (ECN) for direct market interaction.
- Crypto Account: With over 100 instruments featuring digital currencies, the Crypto Account provides traders with opportunities in the dynamic world of cryptocurrencies.
FBS Bonus
How to get 100% deposit bonus?
A welcome bonus at FBS gives you the opportunity to double your deposit. While the bonus is unlimited, it is available upon request through your personal account.
- Register and open an account with FBS
- Make a deposit
- Claim the Bonus for Personal Area
Trade 100 Bonus
The trader can register a $100 bonus account and utilize the broker's funds for a duration of one month.
What Is the Leverage Offered by FBS?
FBS provides leverage of up to 1:3000, although the specific leverage offered may vary based on the jurisdiction and asset class.
FBS Review Deposit and withdrawal
FBS excels in providing exceptional deposit and withdrawal services, offering a wide array of options without any additional fees. However, it would be advantageous for clients if FBS expanded its offering to include a wider selection of account currencies to cater to different preferences and needs.
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FBS Review Commissions & Fees
FBS offers competitive fees for stock and stock index CFDs, with low charges and no withdrawal or inactivity fees. However, its forex CFD fees are considered average compared to other brokers.
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FBS Market instruments
FBS gives you the options to trade in:
- Forex
- Metals
- CFD
- Stocks F
- Forex exotic
- Crypto
FBS Trading Platforms
FBS utilizes the MetaTrader web trading platform, which provides a highly customizable interface with a robust search function and clear fee reports. However, it is worth noting that the platform lacks two-step login and price alert features.
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FBS Safety and Security
FBS is under the regulation of the Cyprus Securities and Exchange Commission (CySEC), which ensures that the broker complies with financial regulations and requirements. This regulatory oversight establishes transparent rights and obligations for both clients and the company, creating a secure environment for the protection of traders' funds.
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FBS Awards
Throughout its operational history, FBS has accumulated over 40 international awards, reinforcing its reputation as a transparent broker renowned for its exceptional customer service and esteemed standing in the global market.
FBS has been honored with more than 60 international awards, solidifying its reputation as a reliable broker. Here are some notable awards:
- Best Forex Broker – Thailand 2021 – Global Banking & Finance Review
- Best Mobile Trading Platform Asia 2020 – Global Banking and Finance
- Best Forex Broker Vietnam 2019 – Global Banking and Finance
- Best FX IB Program 2017 – CFI
- Best Forex Broker Asia Pacific 2015 – International Finance Awards
- Best Forex Broker in the Middle East 2014 – ForexExpo
- Best Broker in South-East Asia 2013 – Forex Awards
FBS is dedicated to offering the best services possible, with a wide range of profitable features and diverse trading assets. Once you become an FBS client, you are welcomed to the FBS community for life.
FBS Review Markets and Products
At FBS, the available trading options are primarily focused on CFD products, excluding popular asset types such as real stocks and ETFs.
FBS specializes in CFD trading and offers a diverse range of CFDs for investors to trade. If you're looking to enhance your understanding of CFDs, we recommend reading our CFD trading tips.
While FBS boasts an extensive selection of crypto CFDs, it's worth noting that its offering of other CFD asset classes may not be as comprehensive when compared to the product portfolios of other competitors in the market.
Disclaimer: It's important to recognize that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. According to data, 75.2% of retail investor accounts experience losses when trading CFDs with this provider. Before engaging in CFD trading, it's crucial to carefully consider whether you fully comprehend the mechanics of CFDs and if you can afford to take the significant risk of losing your funds.
FBS Review Research
FBS provides traders with a variety of easy-to-use research tools, such as trading ideas and a comprehensive economic calendar, enabling them to perform thorough analyses. However, the news feed feature could benefit from some enhancements.
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FBS Customer support
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| Many options for communication | In order to engage in the online chat, you are required to provide your email address. |
| Multilingual support: English, French, German, Italian, and Portuguese are available | |
| The website features a FAQ section where you can find answers to the most commonly asked questions. | |
| You can contact support 24/7 | |
| Support respond quickly |
FBS Education
FBS provides a diverse range of educational resources, encompassing top-quality texts, webinars, and videos. Users can further enhance their trading skills with a demo account available for practice. Notably, FBS offers Forex Intensive, a comprehensive five-week course designed to cater to the needs of both beginners and advanced users.
To apply the knowledge acquired from the FBS website, the brokerage company's specialists highly recommend opening a demo account. This account provides a risk-free environment for practicing trading strategies without using real money. Once confident, traders can progress to opening a cent account, which allows them to trade in the real market with reduced risks compared to a standard account.
To further assist traders, FBS has dedicated an analytical section on its website. This section includes valuable tools such as an economic calendar, currency converter, and calculators, providing additional support for making informed trading decisions.
Top 3 FBS Customer Reviews
John trader: “I have been collaborating with FBS as both a trader and an affiliate for approximately one year. Thus far, the experience has been stable, with timely payments received. However, the commission rate is relatively low. Despite this, the affiliate program consistently generates a steady income, albeit at a smaller scale.”
Rick professional trader: “The registration process with the broker was quite lengthy, and the verification procedure was even more challenging. After overcoming these hurdles, I finally managed to open a cent (micro) account. I have been trading cautiously, gradually gaining experience. The execution of orders has been swift and efficient. As for the withdrawal of funds, I have yet to reach that stage, so I cannot provide any feedback on it at the moment.”
Nick professional trader: “What initially attracted me to FBS is the company's favorable trading conditions and the presence of a regulatory body. One of the notable advantages I have experienced is the fast execution of orders. However, I have encountered occasional freezes in the trading terminal, which has been somewhat unpleasant. Another aspect to note is the absence of cryptocurrency trading and the lack of provision for trust management, which is a disappointment. On the positive side, the customer support has been commendably prompt and responsive.”
