Overall, founded in 2009, FBS is a respectable broker with global regulatory coverage, allowing traders to leverage up to 1:3000 and deposit as little as $5 USD. The company has won multiple accolades and employs more than 200 people.
In this in-depth review you’ll find the following information:
- A complete FBS broker review
- FBS minimum deposit details
- An overview of FBS Account Types
- Details regarding FBS Demo account offered
- Steps to Register a new FBS live account.
- Pros and Cons of FBS
- Details on FBS sign up bonus
- FBS vs Exness vs AvaTrade
- Information on FBS Partnership option
And lots more…
Let’s dive right in…
FBS at a Glance
Broker | FBS |
---|---|
📜 Regulated | FSC |
🕖 Time to open an account | 1 day |
🚀Bonus | Yes - Deposit Bonus |
🗺️ Country of regulation | Belize |
📊Trading Islamic Account | Yes, available |
💳 Demo Trading Account | Yes |
💰Spreads | 0.9 pips |
💰Leverage | 1:3000 |
💰 Minimum deposit | $5 USD |
📅 Year of Foundation | 2009 |
📙 Website Languages | Dutch, English, Spanish, Italian, Portuguese, Turkish, Chinese, Arabic, Korean, Vietnamies |
💵 Account currencies | USD, EUR, JPY, |
🥇 Trading Instruments | Currency pairs, Metals, Energies, Indices, Shares, Crypto |
📈 Trading Platforms | FBS Trader, MT4, MT5 |
🎓Affiliate Program | Yes |
🚀 Open a account | 👉Click Here |
Min Deposit
USD 1
Regulators
IFSC, FSCA, ASIC, CySEC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
250
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
FBS Review – 20 Keypoint Overview
FBS Overview
𝗕𝗿𝗼𝗸𝗲𝗿 | 𝗢𝗽𝗲𝗻 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 𝗠𝗶𝗻𝗶𝗺𝘂𝗺 𝗱𝗲𝗽𝗼𝘀𝗶𝘁 | 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘀 |
---|---|---|---|
FBS | 👉Click Here | $5 USD | FSC (Belize) |
The FBS CFD trading platform was founded in 2009 by investors who were interested in trading research and technical analysis. FBS provides global markets with transparent and trusted applications for more than 27M CFD traders.
Today, FBS is an international brand present in over 150 countries. The brand unites several companies offering their clients opportunities to trade Margin FX and CFDs. The companies include FBS Markets Inc. (licensed by IFSC), Tradestone Ltd. (licensed by CySEC), Intelligent Financial Markets Pty Ltd. (licensed by ASIC), and TRADE STONE SA (PTY) LTD. (licensed by FSCA).
Regarding security, state-of-the-art electronic trading platforms, research and education, FBS is rated highly as a trusted retail broker and is safe to use for forex traders in Africa.
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Is FBS Regulated?
🧾 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿 | 🔎 𝗔𝗯𝗯𝗿𝗲𝘃𝗶𝗮𝘁𝗶𝗼𝗻 | 📈 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗡𝘂𝗺𝗯𝗲𝗿 |
---|---|---|
🥇 Financial Services Commission | 📌 FSC | 000102/460 |
The International Financial Services Commission (IFSC) oversees FBS Markets’ ability to provide trading services to foreign exchange traders. The International Financial Standards Commission (IFSC) plays a vital role in the growth and well-being of financial markets. It also keeps an eye on companies like FBS Markets to make sure that laws and regulations are being followed.
FBS is a global brand that is currently available in more than 150 nations. The brand brings together a number of businesses that provide their customers with margin FX and CFD trading alternatives. The firms are Tradestone Ltd. (licensed by CySEC), Intelligent Financial Markets Pty Ltd. (licensed by ASIC), FBS Markets Inc. (licensed by IFSC), and TRADE STONE SA (PTY) LTD. (licensed by FSCA).
FBS Minimum Deposit
💰 Account | 🚀 Open an Account | 💰 Min Deposit |
---|---|---|
📌Standard | 👉Click Here | $5 USD |
Types of FBS Account
Standard Account
🥈𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 | 📌𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 |
---|---|
Minimum deposit | $5 USD |
Maximum leverage | 1:3000 |
Spread | 0.7 pips |
Commission | No commission |
Instruments | 550+ Instrument |
🚀𝗢𝗽𝗲𝗻 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 👉Click Here |
Min Deposit
USD 1
Regulators
IFSC, FSCA, ASIC, CySEC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
250
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
FBS Sign-Up Bonus
𝗔𝘀𝗽𝗲𝗰𝘁 | 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 |
---|---|
💰Broker | FBS |
🎉 Sign Up Bonus | 100% Deposit Bonus |
💰 Minimum Deposit | $5 USD |
🤝 Partnership Option | Yes |
🚀 Open an Account | 👉Click Here |
FBS Demo Account
𝗔𝘀𝗽𝗲𝗰𝘁 | 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 |
---|---|
🥇Broker | FBS |
🆓 Demo Account | Yes |
💰 Virtually Funded | Not Indicated |
💻 Terminal Access | Full |
🚀 Open an Account | 👉Click Here |
Clients can register and sign up for a free demo account which is instantly available to start trading virtual (fake) money. An FBS demo account gives you access to the forex and CFDs market. You can trade in real-time under real market conditions but with zero risks of losing real money on a forex trade order.
Once beginner traders have spent time learning how to trade on a free demo account, they can progress to opening a live trading account.
FBS Islamic Account
𝗔𝘀𝗽𝗲𝗰𝘁 | 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 |
---|---|
🥇Broker | FBS |
☪️ Islamic Account | Yes |
💻 Accounts Offered | Standard |
🚀 Open an Account | 👉Click Here |
How to Open an FBS Account – Step-by-Step Guide
1. Step 1: Start your Registration
Open the official website for FBS and navigate to either one of the options ” Open Account” or “Start trading now”
2. Step 2: Complete information
Complete your email address and full name and select Register. Traders can also use there Facebook, Google account or Apple account to create an account.
3. Step 3: Select your account option
Select whether you would like to trade with real account or demo account. If real mode is selected , choose “Open account”
4. Step 4: Select your account option
Make your selection of the Trading Platform, Account Currency and Leverage you would like to use for your account and select “Open Account”
5. Step 5: Time to deposit
As soon as your account has been registered and email verified, you will be taken to a screen with your MetaTrader login details and the option to start depositing and you can start trading
FBS Pros and Cons
✅ Pros | ❎ Cons |
---|---|
Various Financial Instruments | FBS charges inactivity fees if an account remains dormant for a specified period. |
Educational resources available | Limited Deposit and Withdrawal Options |
Leverage options provided | Only offers one account type. |
FBS Markets is regulated |
FBS VS Exness VS AvaTrade – Comparison Table
𝑭𝒆𝒂𝒕𝒖𝒓𝒆𝒔 | ☑️𝑭𝑩𝑺 | ☑️𝑬𝒙𝒏𝒆𝒔𝒔 | ☑️𝑨𝒗𝒂𝑻𝒓𝒂𝒅𝒆 |
---|---|---|---|
Regulation | FCS | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | CBI, ASIC, BVIFSC, FSCA, ADGM, ISA |
Minimum Deposit | $5 USD | $10 USD | $100 USD |
Sign Up Bonus | 100% Deposit bonus | No | Bonus Calculator available. With Minimum deposit of $200 receive $40 bonus |
Islamic Account | Yes | Yes, available | Yes, available |
Leverage | 1:3000 | 1:Unlimited | 400:1 |
Withdrawal fee | yes | Yes | Zero |
Spreads | 0.7 pips | The minimum spread across all accounts is 0.1 pips | 0,9 pips |
Demo Trading Account | yes | Yes | Yes |
Account Types | Standard Account | Standard, Cent, Raw, Zero and Professional Account | Standard, Islamic, and demo account |
🚀𝑶𝒑𝒆𝒏 𝒂𝒏 𝑨𝒄𝒄𝒐𝒖𝒏𝒕 | 👉Click Here | 👉Click Here | 👉Click Here |
FBS Customer Reviews
Strong side
FBS broker is on the one hand is very simple, on the other one it’s a big advantage, ain’t it?
I believe so. You don’t need to spend oodles of time researching the information about its services, everything is in the website and there are some words about the brand itself online.
I suppose it’s cool. That’s why I continue working with them without any second thoughts.
Narrow spreads and lowest commissions
If I had to choose between FBS and any other broker I have dealt with before, I would certainly choose FBS.
When you have something to compare with, you realize the importance of tight spreads and commissions even more.
I actually joined FBS brokers cos of a Promo they ran
I actually joined FBS brokers cos of a promo they ran late least year, met all T&C at the end of the contest, & I was truly rewarded. Traded with the profit, was able to withdraw after making further profit in a live trading account.
One amazing feature with FBS is their speedy deposit & withdrawal. In all fairness, they are super fast & efficient. I use to use a broker that it takes them over 48hrs before i either get credited or making deposit. It takes FBS minutes in making deposit (to live trading account) & less than 6hrs in crediting my local bank (when making withdrawal).
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Deposits and Withdrawal
➡️ Methods to deposit money into an FBS trading account
- credit or debit cards
- electronic funds transfer (EFT)
- virtual wallets such as Skrill, Neteller, Sticpay
Deposits are processed instantly into your FBS account when you use traditional electronic payment systems. Deposits take about 1 to 2 hours if you use other payment systems. Bank wire transfers can take up to 7 working days to appear in your trading account.
➡️ Withdraw money from an FBS account
You withdraw funds from an FBS trading account with the same payment system you used to deposit funds into your account. Go to the Finance section in the Personal Area and select the Withdrawal option. Follow the easy steps to withdraw funds from your FBS account.
➡️ Timeframe on FBS withdrawals take?
- e-payments: up to 30 minutes
- Credit or debit cards: 3 to 4 working days
- Bank wire: 7 to 10 working days
Steps to Withdraw Funds from FBS Account
𝗦𝘁𝗲𝗽𝘀 | 𝗙𝗕𝗦 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹 |
---|---|
𝗦𝘁𝗲𝗽 𝟭: | Log into FBS on the official FBS Markets website and select “Withdrawal” from the “Finances” section. |
𝗦𝘁𝗲𝗽 𝟮: | Choose a preferred payment method and select “Withdraw”. |
𝗦𝘁𝗲𝗽 𝟯: | Select your FBS Markets trading account from which to withdraw funds and complete information |
𝗦𝘁𝗲𝗽 𝟰: | Type the amount to be withdrawn. |
𝗦𝘁𝗲𝗽 𝟱: | Select the “Confirm Withdrawal” banner. |
FBS Fees, Spreads, and Commission
𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 𝗦𝗽𝗿𝗲𝗮𝗱𝘀 | 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗲 | 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 |
---|---|---|---|
Standard account | 0.9 pips | 1:3000 | 0% |
FBS Partnership Options
FBS provides Introduction broker program and Affiliate program as well as Partnership commission.
FBS Product Portfolio
🔎𝗜𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁 | 📌𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 |
---|---|
☑️Forex | Major, minor and exotic currency pairs |
☑️ Metals and energy | Brent crude oil, WTI crude oil, silver and gold |
☑️Stocks | Apple, Amazon, Microsoft, Facebook, Tesla, Netflix etc. |
☑️Indices | DAX, S&P500, US100 etc. |
FBS Broker Trading Platforms
FBS offers its clients a choice of three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5) and a proprietary platform called FBS Trader. All three FBS trading platforms are available as mobile apps.
➡️ MetaTrader 4
MetaTrader is a pioneer electronic trading platform developed by MetaQuotes Software. Since 2002, MetaQuotes Software has released several software applications for trading but the company hit the jackpot with MT4.
Today, MT4 is the most popular and widely-used electronic trading platform for retail foreign exchange (forex) speculative traders.
➡️ MetaTrader 5
MetaTrader 5 (MT5) was developed by MetaQuotes Software Corp. and launched in June 2010. MT5 is not a new and improved version of MT4. It was created to broaden MetaTrader’s functionality from a single-market trading platform to a multi-market platform, offering traders an advanced trading platform to trade a broader range of financial instruments.
MT5 is a multi-asset platform that traders and investors use to trade forex, CFDs on stocks, commodities, cryptocurrencies, indices, and exchange-traded futures. MT5 provides traders with superior tools for comprehensive price analysis, algorithmic trading applications. MT5 uses custom indicators and Expert Advisors for trading automation
➡️ FBS Trader
FBS Trader is a proprietary trading platform app that offers the broker’s clients a convenient way to trade multiple financial assets. The proprietary trading app provides all the functionality of MetaTrader 4 but in a simplified format. FBS Trader is compatible with iOS and Android devices and is available from the App Store and Google Play.
Min Deposit
USD 1
Regulators
IFSC, FSCA, ASIC, CySEC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
250
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
In conclusion, by serving as middlemen for foreign exchange market dealers, FBS makes it easier for anyone to access foreign currency markets. The majority of traders can begin with a $5 USD minimum deposit, and with 0.7 pip fluctuations, leverage can reach 1:3000 USD. FBS is fully regulated and provides new traders with a bonus on their first deposit.
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Disclaimer
Forex and CFDs are complex instruments and trading these instruments come with a high-risk warning. Trading forex and CFDs involves a high risk of losing money rapidly due to leverage and margin. You need to understand how forex trading works and decide whether you can afford to take the risk of losing money on trade orders that do not go your way.
Forex Trading Africa annually reviews brokers and financial instruments and provides information to help traders and investors make better decisions when trading on global markets. The information provided is published to help improve your knowledge and understanding of international multi-asset trading and market participants.
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Frequently Asked Questions
Does FBS have a Welcome Bonus?
Yes, FBS offers a Welcome Bonus in the form of a Quick Start no-deposit bonus. New clients get $100 to trade live accounts, and no initial deposit is required.
What type of broker is FBS?
FBS is a hybrid No Dealer Desk (NDD) broker and offers STP and ECN accounts.
How do you withdraw the FBS trading bonus?
You can trade lots on a real account in FBS Trader and withdraw your bonus profit:
- $5 for every lot you close
- $2,5 for every lot with a hedge
Can I start trading with no money in my live FBS account?
No, you cannot start trading forex if you have not deposited the required minimum deposit for your FBS trading account. You can only trade with no initial deposit on a free demo account. A demo account allows you to trade forex with ‘fake’ money but you don’t earn profits from any trades.
What does FBS charge to withdrawal funds?
FBS charges a minimum withdrawal fee of $50 for bank wire transfers. A fee of $1 is charged for all other payment systems.
What leverage does FBS offer?
FBS offers maximum leverage up to 3000:1 on the Micro, Standard and Zero Spread trading accounts. The leverage on the Cent account is 1000:1 and 500:1 on the ECN account.
Does FBS offer an Islamic account?
Yes, FBS offers an Islamic swap-free option on the Cent and Standard live accounts.
Does FBS charge a deposit fee?
No, FBS does not charge a deposit fee. However, your bank will charge relevant transaction fees.
Does FBS have Nasdaq?
Yes, FBS offers NASDAQ-100 (US100). US100 is traded as a CFD on the MT4, MT5 or FBS proprietary platform. The NASDAQ-100 (US100) assigns a capitalisation-weighted index containing 100 of the largest publicly traded non-financial businesses on the Nasdaq composite index. The US100 is one of the most significant large-cap growth indexes in the world.
Does FBS offer a free demo account?
Yes, FBS offers a free demo account on the MetaTrader 4 and MetaTrader 5 trading platforms.
Where is FBS’ headquarters based?
FBS headquarters are based at 21 Vasili Michallidi, 3026 Limassol, Cyprus.
Is FBS legit?
Yes, FBS is a legitimate forex and CFDs broker and electronic trading platform. FBS is a market name of FBS Markets Inc, which is licensed and regulated by four top-tier authorities. FBS operates under license to perform multi-asset trading services in over 150 countries with over 400 000 brokerage partners and some 16 million forex traders.
Who is the CEO of FBS?
The founder and CEO of FBS is Marrck (full name is Satthakarn Chuenkomol).
Does FBS offer online support?
Yes, FBS offers dedicated online Customer Support for its forex traders via Live Chat on their website. Live Chat is available 24-hours a day, 5-days a week. You can also contact FBS Customer Services via email or telephone.
Does FBS offer a demo account for forex traders?
Yes, FBS offers a free demo account for beginner forex traders. A demo trading account is funded with virtual money but provides all the features of a live account. It’s the perfect account for beginner forex traders to improve their trading skills before moving onto a live forex account.
Does FBS have a mobile app for forex trading?
Yes, FBS offers an easy-to-use mobile app for MetaTrader 4, MetaTrader 5 and FBS Trader.
Does FBS publish an Economic Calendar?
Yes, FBS publishes an Economic Calendar.