FBS.com Review

Forex Brokers

FBS Forex Broker -Review

Founded in 2009, FBS is a popular Forex broker in Asia. The company is based in Russia and regulated by CRFIN.

FBS offers both variable and fixed spreads with no commissions. Variable spreads start as low as 0.2 pips on EUR/USD, with a typical EUR/USD spread around 1.1 pips. Fixed spreads begin at 2.0 pips on EUR/USD and 3.0 pips on USD/JPY and GBP/USD. Regarding trading platforms, FBS provides FBS Trader 4 (based on MetaTrader 4) and FBS Trader 5 (based on MetaTrader 5). The broker offers 28 Forex currency pairs, futures, CFDs, and stock market assets. Mobile trading is available on Android, Windows, and iPhone devices. Both automated trading and scalping are permitted.

FBS customer service operates 24/5 via phone, email, live chat, and a dedicated forum. The broker is especially popular in Asia and has received awards such as the “Best Forex Broker of South-East Asia.” FBS offers four account types, with minimum deposits starting from just $1. Multiple funding methods are supported, including credit/debit cards, wire transfer, Western Union, Moneybookers, and CashU. The broker also provides segregated accounts, where 70% of trading funds are held in the trader’s personal bank account, with only 30% deposited with the broker.

Numerous promotions are available, including a demo contest. New clients can benefit from a 60% welcome bonus, currently offered up to $60,000. Additionally, FBS runs a $123 no-deposit bonus promotion.

» Visit FBS Website

FBS FOREX COMPANY INFO & FBS FOREX ACCOUNTS

FBS Instruments & Execution Type
 

■ FBS operates as an ECN Forex Broker

■ CFDs

■ Futures

■ 5-Digit Quotes
US Traders
 □ FBS forbids US Traders -No-
FBS Forex Regulation & Foundation
 

■ FBS was found in 2009

■ Headquarters in Russia

■ In 2013, FBS joined the regulated partnership CRFIN (Centre for Regulation in OTC Financial Instruments and Technologies)

■ Segregated accounts (70% of all funds can be maintained in the trader's bank)
FBS Minimum Forex Account Size
 □ Minimum account size at FBS is just $1
FBS Fund Methods Available
□ Credit Cards / Debit Cards
□ Wire Transfer
□ Western Union
□ MoneyBookers
□ MoneyGram
□ WebMoney
□ CashU
□ EgoPay
□ Neteller
□ FasaPay
There are additional fund methods for Asian traders.
FBS Forex Account Currencies
□ United States Dollar (USD)
□ Euro (EUR)
FBS Forex Bonus Policy
■ 60% deposit bonus
■ $123 No-Deposit Bonus (Free)
 
Information about the 60% FBS Welcome Bonus:
At the time of this review, there is a 60% welcome bonus offer. The broker offers a 60% bonus to all clients depositing $500 or more in their account.
  • 60% welcome bonus (credit bonus)
  • The bonus is up to $60,000
  • Trade Forex using the bonus funds and withdraw profits
 
Information about the $123 FBS No-Deposit Bonus:
  • $123 is credited for 7 days
  • In 7 calendar days, you will be able to withdraw as much profit received on the bonus funds as many lots you have traded x3
  • For instance, 10 lots mean 30$ of profit available for withdrawal
  • No verification and contact details required
 
» FBS Forex Account
TRADING WITH FBS
FBS offers both variable and fixed spreads. The variable spreads starts from 0.2 pip on EURUSD but the typical variable spread is 1.1 pip. Fixed spreads start from 2.0 pips on EURUSD, and 3.0 pips on GBPUSD and USDJPY.
FBS offers four (4) Forex Trading Account Types:
(1) Cent Account for beginners where $1 minimum deposit is required
(2) Standard Account, minimum deposit $500
(3) Fixed Account, minimum deposit $500
(4) Unlimited Account, minimum deposit $500 (Currenex ECN system)
FBS Forex Leverage
 ■ FBS offers trading leverage up to 2,000:1
FBS Forex Execution Type & Other Info
 ■ FBS is an ECN Forex Broker■ Server Time: GMT+3
Margin Call level
 40%
Stop-Out level 20%
Distance Stop/Limit orders 3 pips
FBS Minimum Lot Size □ 0.01 for all basic account types□ 0.1 only for Unlimited Account Types
FBS Spread Type
 ■ FBS offers Fixed and Variable Spread
FBS EUR/USD Spread
 
 □ 1.1 pip typical Variable Spread□ 2.0 Pips Fixed Spread

FBS Forex GBPUSD Spread
 □ 1.9 pip typical Variable Spread□ 3.0 Pips Fixed Spread
FBS Forex USD/JPY Spread
 □ 1.1 pip typical Variable Spread□ 3.0 Pips Fixed Spread
FBS Trading Forex Commissions
 ■ FBS does not charge any Trading Commissions
FBS Number of Forex Currency Pairs
 ■ FBS offers 28 Forex pairs

 

FBS FOREX TRADING PLATFORMS

FBS offers Metatrader4 and allows both scalping and automated trading. As concerns free tools, there is free daily market analysis, economic calendar, and a Forex calculator. There are also some trading contests. In addition, FBS provides a forum for experienced forex traders and also the FX-Bazooka which works as a financial information center.
FBS Forex Desktop Platforms
 
□ FBS MetaTrader-4
□ FBS MetaTrader-5
FBS Forex Mobile Platforms
□ FBS Forex Android
□ FBS Forex iPhone
□ FBS Forex Windows Mobile
FBS Forex Automated Trading
■ FBS provides automated trading via MT4
FBS Forex Hedging / Scalping ■ FBS allows Scalping and Hedging

 

 FBS FOREX CUSTOMER SERVICE

FBS Customer Support
□ Email
□ iPhone
□ Forum
□ Live Chat
FBS Customer Service
■ FBS Forex offers 24/5 Customer Support
■ FBS Forex provides Individual Account Manager
 
□ 8 Customer Support Languages: Chinese, English, Arabic, Indonesian, Malay, Russian, Thai, Vietnamese
FBS Website Languages □ 17 Languages available, English, Russian, Spanish, Portuguese, Arabic, Korean, Chinese, Bahasa Indonesia, Bahasa Malaysian, Turkish, Vietnamese, Bengali, Lithuanian, Sri Lankan, Thai

 

» Start Trading with FBS Forex

 

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