简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:FBS is a well-known forex and CFD broker that has been operating since 2009. The company is headquartered in Cyprus and has offices in several countries worldwide, including China, Indonesia, Malaysia, and Thailand. FBS has a wide range of account types, which cater to traders of all levels and preferences. Whether you're a beginner or an experienced trader, FBS has an account that will suit your needs. The broker also offers an impressive range of trading instruments, including over 40 currency pairs, precious metals, CFDs on stocks, and cryptocurrencies. FBS offers its clients the MetaTrader 4 and MetaTrader 5 trading platforms, which are widely regarded as the industry standards. These platforms are available for desktop, web, and mobile devices, allowing traders to access their accounts and trade on the go. FBS also offers its proprietary mobile trading app, FBS Trader, which is available for both iOS and Android devices. FBS is committed to providing excellent customer support,
FBS | Basic Information |
Registered Country | Cyprus |
Founded in | 2009 |
Regulatory Authority | ASIC, CySEC, FSC (Offshore) |
Tradable Assets | Forex, CFDs, Stocks, Cryptocurrencies, Metals, Energies |
Account Types | Cent, Micro, Standard, Zero Spread, ECN, Crypto |
Demo Account | Yes |
Minimum Deposit | $5 |
Maximum Leverage | 1:3000 |
Spreads | From 0.7 pips |
Trading Platforms | MetaTrader 4, MetaTrader 5, FBS App |
Deposit/Withdrawal Methods | Credit/Debit cards, Bank wire transfer, Electronic wallets |
Educational Tools | Articles, Video Tutorials, Webinars, Courses, Glossary |
Customer Support | 24/7 Live Chat, Phone, Email, Telegram, Viber, WhatsApp |
FBS is a forex and CFD broker established in 2009. With its headquarters situated in Cyprus, the company maintains a global presence through offices in various countries such as China, Indonesia, Malaysia, and Thailand.
Catering to a diverse clientele, FBS offers an array of account types suitable for traders of varying experience levels and preferences. Whether you're a novice or a seasoned trader, FBS provides tailored account options to align with your requirements. The broker boasts an extensive selection of trading instruments encompassing over 40 currency pairs, precious metals, CFDs on stocks, and cryptocurrencies.
FBS equips its clients with the widely acclaimed MetaTrader 4 and MetaTrader 5 trading platforms, recognized as industry benchmarks. These platforms are accessible across desktop, web, and mobile devices, allowing traders to manage their accounts and execute trades on the move. Additionally, FBS introduces its proprietary mobile trading app, FBS App.
FBS is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under regulatory license number: 426359, and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus under regulatory license number:331/17.
This FBS is operated by FBS Markets Inc., and it is authorized and offshore regulated by the Financial Services Commission (FSC) in Belize under regulatory license number: IFSC/60/230/TS/17.
FBS offers over 550 across 5 classes of popular and mainstream tradable assets, covering Currency Pairs, Metals, Energies, Indices and Shares. However, this broker does not support cryptocurrency and option trading.
Tradable Assets | Supported |
Currency Pair | ✔ |
Matals | ✔ |
Energies | ✔ |
Indices | ✔ |
Shares | ✔ |
Cryptos | ❌ |
Options | ❌ |
Regarding trading accounts, FBS offers three live account options:Standard, Cent and Pro.
The Standard account is the most popular choice, offering competitive spreads and no commission fees. It's ideal for both new and experienced traders who want to trade with a relatively low initial deposit and enjoy the benefits of FBS's trading conditions.
For those who prefer to trade with smaller amounts, the Cent account is a good option. It allows traders to trade with cents instead of dollars, so they can better manage their risks and test different trading strategies. The Cent account has the same features as the Standard account, but with smaller contract sizes.
FBS also offers a Pro account, which allows traders to trade with cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. This account type is suitable for those who want to take advantage of the volatility of the cryptocurrency market and speculate on their price movements.
Each account type has its pros and cons. The Standard account offers more trading instruments and requires a higher minimum deposit, but it has competitive spreads and no commission fees. The Cent account is ideal for those who want to start trading in smaller amounts, but it has wider spreads and fewer trading instruments. The Crypto account has a lower minimum deposit yet wider spreads.
To help traders become more comfortable with the broker's platforms and hone their trading abilities without putting any of their own money at risk, FBS provides free demo accounts with virtual monies. You can test out various trading methods with these accounts, and you can also see how fast the broker executes orders.
Registering an account with FBS is a straightforward process that ensures a hassle-free start to your trading journey. Here's a step-by-step overview:
The maximum leverage offered to clients with FBS is 1:3000, which gives traders, especially experienced traders and scalpers great flexibilities in trading.
When it comes to choosing a spread that suits their trading strategy, FBS offers flexibility. Traders can select from various spread types, including floating spreads starting from as low as 0.2 pips, fixed spreads starting from 3 pips, and even the option to trade without any spread (fixed spread of 0 pips). The choice of spread type and its associated value is determined by the specific account type a trader uses.
To enhance precision and accuracy in trading, FBS provides up to 5-digit quotes on all account types. This high level of precision is especially crucial for traders who engage in short-term orders.
Here is a table comparing the spreads on EUR/USD, Gold, and Indices by FBS, eToro, Exness, and IC Markets:
Broker | EUR/USD Spread | Gold Spread | Indices Spread |
FBS | 0.7 pips | From 0.3 pips | From 0.3 pips |
eToro | 1 pip | From 45 pips | From 75 pips |
Exness | 0.1 pips | From 25 cents | From 0.8 pips |
IC Markets | 0.1 pips | From 20 cents | From 0.5 pips |
Apart from trading fees, there may be other charges that traders should be aware of when using FBS. Here are some non-trading fees to consider:
FBS offers its clients a variety of trading platforms to choose from, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Both platforms are widely used by traders all around the world, and they offer a range of advanced tools and features to help traders analyze the markets and execute trades.
MT4 is a widely-used trading platform that is known for its reliability and ease of use. It offers a range of advanced charting tools, customizable indicators, and the ability to use expert advisors (EAs) to automate trading strategies. MT4 is available in both desktop and mobile versions, making it accessible to traders on-the-go.
MT5 is an upgraded version of MT4 and offers even more advanced features and tools. It has a more advanced charting package, as well as more timeframes and order types available. MT5 also allows traders to trade on the exchange markets, in addition to Forex.
In addition to these two popular platforms, FBS also offers a proprietary trading platform called FBS App, which is designed for mobile trading. The FBS App is available for both Android and iOS devices and offers traders access to over 50 markets, including Forex, stocks, and commodities.
FBS offers multiple deposit and withdrawal methods, including:
As for withdrawals, there are also no fees charged by FBS, but certain payment methods may have their own fees, such as bank wire transfer. The processing time for withdrawals may vary depending on the payment method chosen, but FBS aims to process withdrawals as quickly as possible.
FBS offers customer support through various channels, including email: support@fbs.com, phone: +357 22 010970, +501 611 0594, live chat, and social media (Facebook, Instagram, YouTube, Telegram). Their website is also available in multiple languages, making it more accessible to traders worldwide. The broker's customer support team is available 24/7, and they have received positive reviews from traders for their quick and helpful responses.
FBS offers solid and rich educational resources for traders of all skill levels. These resources include:
Overall, FBS is an online forex and CFD broker that has a long-standing reputation for providing popular tradable instruments, flexible account types, and solid educational resources. Besides, FBS also provides a proprietary mobile app, and industry-leading trading platforms, such as the MetaTrader 4 and MetaTrader 5. However, this broker has higher spreads and commissions than some of its competitors, as well as some restrictions on the availability of specific account types in select regions. This way, it appears to work for both novice and experienced traders, but the latter are more likely to benefit.
Is FBS a legit broker?
:Yes. It is licensed by the Australia Securities & Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC), and offshore regulated by the Financial Services Commission (FSC) in Belize.
What trading instruments are available on FBS?
Forex currency pairs, metals, energies, stocks, and cryptocurrencies.
What trading platforms are available on FBS?
FBS offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as a proprietary mobile trading app called FBS Trader.
Does FBS offer any educational resources for traders?
Yes, FBS offers a range of educational resources, including video tutorials, webinars, e-books, market analysis, and a comprehensive FAQ section on their website.
Is FBS a good broker for beginners?
FBS can be a good option for beginners due to its low minimum deposit requirement, flexible leverage options, and solid educational resources.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Hidden costs like spreads, swaps, and slippage can eat away at your profits if not managed carefully. Brokers often gloss over these costs, leaving traders unaware of their true impact. Understanding how these fees work is essential for any trader who wants to maintain profitability and avoid unnecessary losses.
When entering the world of online trading, finding a legitimate broker is essential. However, fraudulent entities like Top First Group often target unsuspecting investors. It is suspected that this company operates under false pretences, drawing in traders with attractive promises but raising significant concerns.
The Securities Commission Malaysia (SC) has issued an updated Investor Alert List for September, highlighting unauthorized websites, investment products, companies, and individuals involved in unregulated financial activities.
TD Securities was fined $15M for manipulating the U.S. Treasury market through an illegal spoofing strategy. SEC and DOJ impose penalties for broker-dealer failures.