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FBS Forex Broker -Review

Found in 2009, FBS is a popular Forex broker in Asia. FBS is based in Russia and it is regulated by CRFIN.

FBS offers variable and fixed spreads without commissions. The minimum FBS spread starts as low as 0.2 pip on EURUSD while the typical EURUSD spread is 1.1 pip. The fixed spreads start as low as 2.0 pips on EURUSD and 3.0 pips on USDJPY and GBPUSD. As concerns trading platforms, FBS offers the FBS-Trader 4 which is actually a MetaTrader4 platform and the FBS-Trader 5 which is an MT5 platform. The broker offers 28 Foreign Exchange Currencies, Futures, CFDs and Stock-market assets. Mobile trading is available for Android, Windows, and iPhone. Automated trading and scalping are both allowed.

The FBS customer service is 24/5 including phone, email, live chat, and a specialized forum. FBS is very popular in Asia and has won awards such is 'Best Forex Broker of South-East Asia Award'. As concerns the trading accounts, there are four account types starting from just $1. There are many fund methods available, including cards, wire, western union, Moneybookers, cashU etc. FBS offers also segregated accounts whereby 70% of all trading funds can be maintained in the trader's personal bank and only 30% of all trading funds must be deposited in the broker's account. Many promotions are available including a Demo Contest. FBS offers also a welcome bonus to all new clients, currently, there is a 60% welcome bonus promotion, up to $60,000. There is also 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 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:
  • $123 is credited for 7 days
  • In 7 calendar days, you will be able to withdraw as much profit received on the bonus funds as many lots you have traded x3
  • For instance, 10 lots means 30$ of profit available for withdrawal
  • No verification and contact details required
 
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
MT-4MT-5
FBS Forex Mobile Platforms
□ FBS Forex Android
□ FBS Forex iPhone
□ FBS Forex Windows Mobile
ANDROIDWINDOWS
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 availableEnglish, 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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