In the fast-moving world of forex industry, it’s super important to pick the best forex broker for your success as a trader. There are so many choices out there, but it’s crucial to choose wisely based on your trading goals. And we have found, FBS broker has recently getting a buzz due to their exceptional service. We will take you on an exciting adventure to explore FBS review. Let’s find out what makes them special and why people really like them. So, come along with us and let’s learn about FBS!
FBS is a well-known online forex and CFD (Contract for Difference) broker that provides trading services to clients worldwide. The company was established in 2009 and has since grown to become one of the leading players in the forex industry. FBS offers a range of financial instruments, including currency pairs, stocks, indices, precious metals, and cryptocurrencies, which can be traded through their user-friendly trading platforms.
FBS broker has its main office in Belize and follows rules set by a group called the International Financial Services Commission (IFSC). They’ve grown a lot and now they operates in different countries to help traders from all over the world.
People like FBS broker because they make sure trading is safe and open. They offer different types of accounts to fit what each trader needs. And they give lots of helpful stuff like learning materials, market analysis, and tools to make trading easier and more successful.
FBS Broker Review: Quick Summary
Year Established | 2009 |
Headquarter | Cyprus |
Active Clients | 2.3 million |
Regulations | Cyprus Securities and Exchange Commission (CySEC) |
Awards | Yes |
Minimum Deposit on FBS | $1 |
Trading Desk Type | Market Maker, No dealing desk |
Take US Clients | No |
FBS Welcome Bonus | Yes |
Bonus Amount | $140 |
Islamic Account | Yes |
FBS Demo Account | Yes |
Account Types | Cent, Micro, Standard, Zero Spread, ECN, Crypto |
Platforms | FBS Trader, MetaTrader 4, MetaTrader 5 |
Language Options | Deutsch, English, Español, Français, Italiano, Português, Bahasa Indonesia, Bahasa Melayu, Tiếng Việt, Türkçe, اردو, العربية, हिंदी, ภาษาไทย, 中文, 한국어 |
Deposit and Withdrawal Methods | Visa, Neteller, Sticpay, Skrill, Perfect Money, Bank Wire Transfer |
Trading Instruments | Forex, Metals, Indices, Energies, Stocks, Forex Exotic, Crypto |
Forex Pairs | 36 |
Major Forex Pairs | GBP/USD, EUR/USD, USD/JPY, AUD/USD USD/CAD, USD/CHF, , NZD/USD, GBP/JPY |
Minor Pairs | Yes |
Exotic Pairs | Yes |
CFDs | Yes |
Base Currencies | Euro, USD |
FBS Forex Broker Spreads | 0.0 pips |
FBS Leverage | Up to 1:3000 |
Spot Trading | Yes |
Withdrawal Fees | Yes |
Instant Deposit and Withdrawal feature | Yes |
Negative Balance Protection | Yes |
VPS Hosting | Yes |
Education | Education, Educational Webinars, Daily Market Analysis and News, Economic Calendar |
Customer Service | 24/7 |
FBS offers mainly three types of accounts Standard, Cent and Pro. Let’s see each account features and benefits.
FBS Review: Standard Account
The Standard Account from FBS forex broker is a really good choice for traders of all levels. Whether you’re just starting to trade or already know a lot about it, this account will be good for you.
With this account, you can control big trades even if you don’t have a lot of money. You can trade $3000 worth of stuff with just $1, so you are getting 1:3000 leverage.
The cost of trading with this account is low. You can trade many different things like currencies and metals, and the fees are competitive.
You can have up to 500 trades happening at once, which is pretty cool. And you can trade a little bit or a lot, depending on what you like.
You don’t have to pay any extra fees for using this account, so you can keep more of your money. You only need $1 to start, so it’s easy to begin even if you don’t have a lot of money.
In short, the Standard Account from FBS is a great choice for all kinds of traders. It gives you lots of chances to make good trades and helps you learn and grow in the world of trading.
FBS Review: Cent Account
If you want to try forex trading with less risk, you should check out the Cent Account from FBS Forex Broker. It’s like a special account for people who are just starting or still learning how to trade.
The cool thing is, even if you only have a little bit of money, you can still trade big stuff! They give you 1:1000 leverage, which means you can trade $100,000 worth of things with just $100 in your account. You can have up to 500 trades happening at the same time. That’s a lot of trading going on!
The FBS Cent Account is a super way to start your trading journey. It’s low risk, which means it’s safer for you to learn and practice. Whether you’re new to trading or getting better at it, the FBS Cent Account is a great choice to start your trading adventure.
FBS Review: Pro Account
If you’re a seasoned trader looking for the best trading experience, FBS broker offers something special called the Pro Account. It’s designed for experts who want to take their trading to the next level.
The Pro Account gives you some really cool advantages. First, you can use 1:2000 leverage which means you can control bigger trades with only a small amount of money.
In the fast-paced forex market, speed and accuracy are super important. As per the FBS broker review, with the Pro Account, you get really low spreads starts from 0.5 pips. This helps you get the best prices for major currency pairs, like EURUSD and USDJPY.
The Pro Account lets you do lots of trading at once, with no limits. You can even use special trading programs called algorithms to help you make smart decisions automatically.
To get the Pro Account, you must put in at least $200. This way, you’ll have enough money to manage big trades.
Apart from these accounts you will also get FBS ECN account, Zero Spread and Crypto account.
Common Features in All Accounts
Orders get processed very quickly from 0.1 sec, so you won’t have to wait long for your trades to happen. This helps you avoid problems when the market changes quickly. To keep you safe, there are some rules to make sure you don’t lose all your money. They will give you a warning when you’re close to losing too much and stop your trades if it gets really bad.
You can trade lots of different things with this account, like currencies, metals, energies, indices, stocks, and cryptocurrencies. They offer different ways to trade, which makes it easier for you.
FBS offers some special platforms to help you trade smoothly and easily. They’re known for being great platforms that traders like.
FBS Review: FBS Trading Platform
Apart from third party platform MetaTrader 4 and MetaTrader 5, FBS offer their in-house platform called FBS Trader. Let’s get to know more about each platform.
FBS Trader, a special app for trading in financial markets.
FBS Trader
FBS Forex Broker made this app to help traders like you stay connected and trade wherever you are. It’s like having the power of trading in your hands! With FBS trading platform, you can trade lots of different things all in one place. You can trade currencies, stocks, metals, energies, indices, and even cryptocurrencies like Bitcoin.
The app is really easy to use. You can see charts and tools that help you understand how prices are moving, so you can make smart choices. Plus, there’s a special Cashback program that gives you some money back for every trade you make.
You can quickly check your orders and profits, and you have lots of ways to deposit and withdraw money from the app. No matter if you’re new to trading or have some experience, FBS Trader is made for everyone. They even have a chat support that you can use 24/7 if you need help.
FBS Forex Broker Review: MetaTrader 4 (MT4)
FBS broker MT4 is like a special tool that helps traders trading in the financial markets. You can use it on lots of devices like computers, phones, and tablets! With FBS broker MT4, you get to trade in a super safe and private way. Your trading activities are kept secure with special encryption.
The best part is that FBS MT4 lets you use special tools called expert advisors and scripts. These tools can help you trade automatically, based on certain rules you set. It’s like having a helper robot for your trades!
MT4 also gives you lots of cool charts and indicators to help you analyze the markets and make smart trading decisions. When you trade, time is really important. MT4 makes it easy for you to place trades with just one click, so you can take advantage of the fast-moving markets.
MT4 even has a special VPS that keeps your trading platform running smoothly, even if your internet or power isn’t working well.
FBS Markets Review: MetaTarder 5
MT5 is an upgraded version of MetaTrader 4, a trading tool that helps people buy and sell things in the financial markets. It’s even better than the old version because it has more cool features!
With MT5, you can use many tools to study the markets and make intelligent decisions. You can even create your special indicators and robots to help you trade better.
MT5 makes it easy to place trades quickly with just one click. It also tells you the latest market news, so you can stay informed and make smart choices.
You can also plan your trades with something called pending orders. It gives you more control over your trading.
MT5 lets you trade not just currencies but also stocks and commodities. That means you can explore different ways to invest and make money.
The platform even has a special calendar that tells you about important events that might affect the markets. This helps you be prepared and make better decisions.
FBS Trading Review: Instruments and Markets
FBS broker offer forex currency pairs, where you can trade more than 28 different currency pairs. No matter how much money you have, you can access all these pairs and take advantage of low trading costs.
If you’re interested in trading indices, FBS has 11 major ones available, like AU200, DE30, FBS Nasdaq and Dow Jones. You can start with just 10 lots.
Love precious metals? You can trade silver and gold! Gold is especially popular because it’s a valuable metal.
Fancy something unique? FBS forex review found that they offers 9 special currency pairs for Forex Exotic trading, and the lot size for these is fixed at 100,000 units.
Energy markets are also open for trading! You can trade Natural Gas, WTI Crude Oil, and Brent Crude Oil. The lot size varies for each, but you can explore them all.
Further, forex FBS broker lets you trade stocks from famous companies.
And for all the crypto enthusiasts out there, FBS broker has you covered! They offer lots of different cryptocurrencies to trade. You can pair them with regular currencies, other cryptocurrencies, or even precious metals.
FBS Trading Review: FBS Leverage and Margin Requirements
FBS broker offers flexible leverage options, allowing traders to choose their preferred leverage level based on their risk tolerance and trading strategy. The maximum leverage offered by forex FBS is typically up to 1:3000, which means that traders can control a position size up to 3000 times their account balance.
Regarding margin requirements, FBS broker usually has different margin requirements for different trading instruments. Margin requirements are typically expressed as a percentage of the total trade value and represent the amount of funds required to open and maintain a position. The specific margin requirements can vary depending on the currency pair, commodity, or other financial instruments being traded.
FBS Review: Trader Tools
FBS broker provides a comprehensive set of tools for forex trading, catering to the needs of traders at all levels. These tools, including the Economic Calendar, Forex Calculators, and Currency Converter, are designed to enhance productivity and facilitate more informed decision-making, ultimately helping traders to achieve greater success in the forex market.
Economic calendars tell traders about important events in the economy, like when interest rates might change or how well the economy is doing. By knowing these things, traders can make better decisions about buying and selling money.
Another important tool is the forex calculators. These calculators help traders figure out important things in their trades. One calculator tells you how much each little change in the money value is worth. Another calculator helps you know how much money to trade based on how much risk you’re comfortable with. And there’s a calculator that gives you an idea of how much money you might make or lose in a trade. These calculators are helpful for traders to make smarter choices.
FBS broker also has a Currency Converter, which is a very useful tool. It helps you quickly change one type of money to another. This is especially helpful when trading money online. The converter saves time and makes sure you get the right amount of money without mistakes. It also lets you see how well your trading is going over time.
They also offer copy trading tools. As per the FBS copy trade review, it is easy to use with quick execution, and there are no issues with getting things done efficiently.
FBS Review: Final Words
Forex FBS broker has been gaining popularity due to its outstanding services. As a well-known online forex and CFD broker, FBS offers a wide range of financial instruments, including currencies, stocks, indices, precious metals, and cryptocurrencies. Operating under the regulations of the International Financial Services Commission (IFSC) in Belize, FBS ensures the safety and security of clients’ funds.
FBS caters to traders of all levels with its various FBS account types, such as Standard, Cent, and Pro accounts. Each account comes with its unique features, making it suitable for different trading styles and preferences. The broker provides user-friendly trading platforms like FBS Trader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5), ensuring smooth and convenient trading experiences.
So, this forex FBS review suggest that, it is a great forex trading broker for trader of any levels.