FBS Broker Review for 2023

A Look into the History and Growth of FBS: From a Small Asian Broker to a Global Leader in Online Forex and CFD Trading

FBS is an online forex and CFD broker that was founded in 2009. The company is based in Belize and is regulated by the International Financial Services Commission (IFSC) of Belize.

In the early years of its operation, FBS focused on providing trading services to clients in Asia, particularly in Indonesia, China, and Vietnam. The broker quickly gained popularity due to its competitive trading conditions, including low spreads and high leverage.

In 2011, FBS was granted the title of the “Best mini Forex broker” by the World Finance Awards. This award helped the company to establish its reputation as a reliable and professional broker.

In 2012, FBS expanded its services to include trading in metals, indices, and energies. It also launched its own online trading platform, the FBS Trader, which was designed to be user-friendly and easy to use for traders of all levels.

FBS continued to grow and expand its services over the following years, and in 2015, it became an official partner of the football club FC Barcelona. This partnership helped to further increase the company’s global visibility and reputation.

Today, FBS is one of the leading online forex and CFD brokers in the world, with over 15 million registered traders and a daily trading volume of over $1.5 billion. The company is known for its competitive trading conditions, its range of trading instruments, and its excellent customer support.

FBS Review: Regulation

FBS is regulated by the International Financial Services Commission (IFSC) of Belize, which gives it a level of oversight and accountability to ensure that it operates in a legal and ethical manner. This is a positive aspect of the broker and can give traders some peace of mind when it comes to the safety of their funds.

FBS Review: Platform and Tools

FBS offers the MetaTrader 4 and 5 platforms, which are among the most popular in the industry. The platforms are well-designed and easy to use, and they come with a wide range of tools and features that can help traders to analyze the markets and make informed decisions. The platforms are also available for a range of devices, including desktop and mobile.

FBS Review: Fees and Spreads

FBS offers competitive spreads on its forex pairs, which can be as low as 0 pips on certain accounts. The broker also charges no commission on trades, which can help to keep trading costs low. However, traders should be aware that there may be overnight rollover fees, which can add to the cost of holding positions overnight.

FBS Review: Execution Speed and Slippage

FBS claims to execute trades in milliseconds, which can be beneficial for traders who are trying to take advantage of fast-moving market conditions. The broker also claims to have low slippage, which can help to prevent unexpected losses. However, it’s always good to test the platform with a demo account before trading live.

FBS Review: Leverage and Margin

FBS offers leverage up to 1:3000, which is among the highest in the industry. This can be beneficial for traders who want to trade with a small amount of capital and take advantage of the high leverage. However, it can also be risky, as high leverage can lead to large losses if the trade goes against you.

FBS Review: Customer Service

FBS offers customer service through live chat, email, and phone, and the support team is available 24/5. The broker also has a range of educational materials on its website to help traders learn more about trading and the markets.

FBS Review: Payment Methods in Indonesia

FBS offers a range of payment methods for Indonesian traders, including bank transfer, credit/debit card, and e-wallets such as Skrill, Neteller, and Perfect Money. Local payment methods such as FasaPay and QIWI are also available.

FBS Review: Research and Education

FBS offers a range of educational materials on its website, including webinars, video tutorials, and an economic calendar. The broker also offers market analysis and news, which can help traders stay up-to-date with the latest developments in the markets.

FBS Review: Account Types

FBS offers a range of account types, including Micro, Standard, Zero Spread, and Unlimited. Each account type has different features and is suitable for different types of traders. For example, the Micro and Standard accounts are suitable for beginners, while the Zero Spread and Unlimited accounts are more suitable for experienced traders.

FBS Review: Bonus and Promotions

FBS offers a range of bonuses and promotions, including a welcome bonus, a deposit bonus, and a loyalty program. These can be beneficial for traders who want to increase their trading capital, but traders should be aware that bonuses and promotions may come with certain terms and conditions, and they may not be suitable for all traders.

Assessing the Pros and Cons of FBS Forex Broker: Understanding the Advantages and Disadvantages of Trading with FBS

FBS Review: Advantages of FBS Forex Broker:

FBS Review: Disadvantages of FBS Forex Broker:

A Comprehensive List of Platforms and Trading Instruments offered by FBS Forex Broker: Understanding the Options Available to Traders

FBS Review: Platforms offered by FBS Forex Broker:

FBS Review: Trading Instruments offered by FBS Forex Broker:

Publication date: February 24, 2023

Frequently Asked Questions

Is the FBS broker legit?

It is difficult to say definitively whether or not FBS is a legitimate broker without more information. However, FBS is a well-established broker in the online trading industry, and it is regulated by the International Financial Services Commission (IFSC) of Belize. Additionally, it has received various awards for its services, such as "Best Customer Service Broker" and "Fastest Growing Forex Broker" which gives a positive indication about its legitimacy. However, as with any financial investment, it is important to conduct your own research and due diligence before deciding to trade with any broker, including FBS.

What does FBS mean?

FBS stands for "Financial Brokerage Services."

How to Deposit FBS?

To deposit funds into your FBS trading account, you can use one of the following methods:

  • Bank transfer
  • Credit/debit card
  • E-wallets such as Skrill, Neteller, and Perfect Money
  • Local payment methods, such as QIWI, WebMoney, and FasaPay
  • To make a deposit, log in to your FBS account and go to the "Deposit" page. Select your preferred deposit method and follow the instructions provided. The deposit process may vary depending on the method you choose. Keep in mind that some methods may have minimum and maximum deposit limits, and may also be subject to fees.