Is Fbs A Scam? Or Legit Forex Broker?

For dealing in stocks, the users need to conduct trading with a minimal spread between 1 and 50, while the typical spread lies between 2 and 200. In stock trading, the order value is estimated by multiplying the lot volume with the opening price of the stocks. The commission fee for trading in stocks is 0.7% of the order value.

FBS offers phone, email, and chat support for each client. The support is in multi-languages and available 24/7 a week. In addition, every trader gets personal support through an account manager who can help you by frequently asked questions. Another big plus for FBS is the free contests and awards for traders.

Fbs Review 2022: Is Fbs Broker Legit Or Scam?

The traders of the EU region are offered the Cent and Standard Accounts. The international offices of the FBS allow the users to open ECN, Zero Spread, and Micro Accounts. The non-dealing broker system of FBS and the FBS copy trade apps enable the rapid market execution of trading orders. Post registration and login, the website of FBS allows the users to get access to two types of MetaTrader trading platforms for trading and investment in a wide range of assets.

One needs to visit the Financial Operations section in the Personal Area of the FBS website to deposit funds in the account for trading through the MetaTrader platforms of FBS. The platform allows the deposit of money in EUR USD currencies through wire transfer VISA, Neteller, Sticpay, Skrill, Perfect Money, and Local exchanges. Cryptocurrency trading takes place by the exchange of crypto coins, crypto coins against fiat money, crypto coins against precious metals, and crypto coins against crypto coins. For a standard lot size of 1, the minimal spread varies between 275 and 25010.

FBS review – Regulations, Trading Platforms, Leverage and users Ratings.

High Leverage And Negative Balance Protection For Fbs Traders

If your support request is taking a bit longer than you would like then you can always reach out to them through one of their numerous social media and messaging channels. If you do create an account at FBS and have an account related query then you are perhaps best suited to deal with their support through their ticket system. Perhaps the quickest way to get help from them is through their online chat function. From a technology point of view, there are a number of things that are now included on the MT5 platform. For example, it has a slightly more intuitive UI and you also have more chart customisation options.

According to their Privacy Policy, this company is regulated by the Cyprus Securities and exchange commission. A Tesla car, that no one was driving, crashed into a tree in Texas. It raised questions over Tesla’s Autopilot and Full Self-Driving features. This broker is regulated by leading agencies around the world, including CySEC, ASIC, FSCA, and IFSC. Not only is FBS regulated, but it follows the regulatory frameworks of these leading agencies very closely to ensure the highest standards of safety. The global branch of the company is regulated by the International Financial Services Commission of Belize, IFSC. This regulatory agency is very well-known in the Forex trading market.

Most of the international awards they received are about recognizing them as a transparent broker with some of the best levels of customer service. Signals in MetaTrader 4 allow users to automatically copy the activity of other traders in real time. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, an email, or a push notification to a mobile device. This allows traders to stay on top of the real time prices of their favorite instruments.

The FBS Daily Market Analysis is broken down into technical analysis and fundamental analysis and may offer the best feature this broker offers. Forex traders can easily navigate the research, but the extent of each analysis is rather limited and refined to a few basic aspects of technical analysis summed up in one paragraph. The fundamental analysis is a bit more detailed and offer Forex traders basic coverage of key topics. FBS offers a rather limited selection of assets with only 28 currency pairs and two metals.

  • The platform offers cashback bonuses for every order placed by the traders.
  • Webinars have gained in popularity and more Forex brokers are using them in order to engage with their traders.
  • However, for transactions through bank transfer, the deposit and withdrawal methods take at least 48 hours for confirmation.
  • Our review is based on a live Standard Account, using the MetaTrader 5 platform, opened with the Tradestone Ltd.
  • MetaTrader 4 allows users to develop, test and apply Expert Advisors .
  • We tested the debit card withdrawal and it took less than a day.

FBS does not charge deposit or withdrawal fees to traders under the Cyprus entity. Belize and Australian entities mostly do not charge any deposit fees, but there are some withdrawal fees. The broker also charges commission on trades with some asset class and account tiers. What I like from FBS is that it supports easy ways to deposit money.

Established in 2009, FBS has become one of the leading Forex brokers in the market. The company operates in numerous jurisdictions around the world, including the EU. The head office of the FBS Forex broker is located in Cyprus.

FBS review, we cover and discuss everything you’ll need to know about the online platform. We’ll go through the key features, interface, important fees, commissions, regulations, and more. And FBS is one of the special brokers which supports crypto deposits in 2018. The available deposit methods are Wire Transfer, Visa/Mastercard, Neteller, Skrill, Perfect Money, OkPay, YuuPay, AstroPay, etc.

You can read my articles about the best forex brokers on this page. Customer care is vital in this forex field, because forex is a very complicated subject. Traders are constantly need as much help and support from brokers as possible. That’s why how a broker assist its clients is a standard to evaluate it.

Evaluate Your Trades

It will perhaps best replicate the trading that you will get on a live account. This is the most well-known trading Forex dealer platform that was first released in 2005. These are trading software that is provided by the MetaQuotes company.

FBS does not approve if the proof of address document is older than 3 months. We look for specific features such as customizability and trading signals. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. Each broker we review is judged on the same 10 key areas. FBS, an ECN/STP Forex broker, is regulated and authorized by Centre for Regulation in OTC Financial Instruments and Technologies under license number A-10.

This means that you can easily drag and drop the various windows into the ideal positions for your trading preferences. This is ideal for those traders with more than one screen. The MT4 is well tuned for Forex trading and has a long track record among brokers. It also makes switching brokers that much easier as the software is standard.

Fbs  Reviews

Comments including inappropriate, irrelevant or promotional links will also be removed. Tell our team and traders worldwide about your experience in our User Reviews tab. This section is for more advanced Forex traders who are in the process of developing their own trading strategy or trying to decide which trading strategy to follow.

Fbs Login

Tradestone LTD is an investment firm registered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC License Number 331/17). Cyprus is part of the European Union and offers a great mix of regulation and freedom to operate as a global financial firm. Prior to acquiring the CySEC license, the firm was offering its services from its Belize registered subsidiary and was well known for its aggressive market expansion. The disadvantage of the FBS broker is that it does not support cryptocurrency or CFD trading.

What Is The Maximum Leverage Offered By Fbs?

Zero spread account is one of the most popular accounts at FBS. The minimum deposit FBS for a zero spread account is $500, and it offers traders fixed spreads of 0 pip. It offers traders access to leading trading platforms, such as MetaTrader 4 and MetaTrader 5. There are numerous available trading assets at FBS, including Forex, Metals, Energies, Stocks, Indices, as well as Cryptocurrencies.

Traders need to open login from both web and mobile devices to get the full $140 bonus. When we initiated the withdrawal request on the credit card, the broker asked us to provide a copy of our bank card for verification. FBS does not have any account maintenance or inactivity fees. It offers a variety of benefits, but the best was FBS League.

You cannot set alerts and notifications on the FBS mobile platform. To get a better understanding of these terms, read our overview of order types. However, the designfeels outdated and some features are hard to find. We tested the debit card withdrawal and it took less than a day.

Fbs Summary

You will have to meet a certain minimum traded lots in order to be able to withdraw this bonus. There are a number of other conditions that may be attached so be sure to read the bonus T&Cs. We have often found that customer support can make or break a trading experience. So, we decided to test out the FBS customer support to see how they stack up.

Overall, the international broker site of FBS is highly secure and customers may trade safely at all times. The feature-rich platform of FBS is accessible in mobile devices, like smartphones, tablets, and laptops, through the mobile app of FBS. The FBS copy trade app is compatible with every operating system and is available in the app stores of Android, Windows, and Apple.

One of the key features of the FBS platform is its integration with the MetaTrader 4 software. MT4 provides a trading experience that is seamless and easy to understand. There Eurobond are two main types of commodities in the commodities market – hard and soft commodities. Hard commodities are mineable and extractable raw materials like metals and gases.