FBS Review

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Broker Details	FBS
Founded Year	2009
Minimum Deposit	$5
Maximum Leverage	3000:1 *
Address	2118, Guava Street, Belize Belama Phase 1, Belize, Belize
Contact	support@fbs.com, +35 7251 23212
Customer Support	Live Chat, Email, and Phone
Regulators	CySEC, FSC
Prohibited Countries	United Kingdom, United States, Iran, Israel, Myanmmar
Trading Platforms	MetaTrader4, MetaTrader5, FBS app
Dealing Desk	❌No
ECN	✅ Yes
Margin Call / Stop Out:	40% / 20%
Web Trading	✅ Yes
Mobile Trading	✅ Yes
Currencies	(70+)
Cryptocurrencies	(5+) Bitcoin, Litecoin, Ethereum
CFD	(495+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities
EAs/Robots	✅ Yes
News Trading	✅ Yes
Scalping	✅ Yes
Copy Trading	❌No
Deposit Methods	VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
Withdrawal Methods	VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay

Pros

• Protection from negative balances: You won’t lose more money than you have in your account.
• Wide range of trading options: FBS offers many instruments like forex, CFDs, stocks, and more.
• 24/7 support: Their customer support team is available around the clock to help.

Cons

• No auto-copying feature: You can’t automatically copy trades from other traders.
• No PAMM accounts: FBS doesn’t offer investment accounts managed by professional traders.
• Not ideal for quick trades: Scalping and very short-term trading may not work well here.
• Limited language support: Customer support is only available in a few languages.
• Only two account types: FBS offers fewer choices for real trading accounts compared to some brokers.

FBS Forex Broker: Why It’s Popular and Where It Falls Short

FBS is a renowned international forex and CFD broker established in 2009. With its headquarters in Belize, FBS has expanded its operations globally, including regional offices in Cyprus and the Marshall Islands. Offering a wide range of trading instruments, platforms, and account options, FBS caters to both novice and experienced traders, making it a notable choice in the trading community.

Regulations and Licensing

FBS operates under strict regulatory oversight to ensure a secure trading environment for its clients. The broker is regulated by the following authorities:

1. Australia: Licensed by the Australian Securities and Investments Commission (ASIC) with license number #426359.
2. Belize: Regulated by the Belize Financial Services Commission (IFSC) under license number #000102/460.
3. Cyprus: Overseen by the Cyprus Securities and Exchange Commission (CySEC) under license number #331/17.

These regulations enhance FBS’s credibility and ensure compliance with international financial standards.

Trading Platforms and Styles

FBS offers a versatile range of trading platforms designed to cater to various trader preferences and styles.

1. MetaTrader 4 (MT4): A globally popular platform suitable for all levels of traders, featuring advanced charting tools, multiple timeframes, and automated trading capabilities.
2. MetaTrader 5 (MT5): A more advanced version of MT4, offering additional features like more timeframes, built-in indicators, and a comprehensive economic calendar.
3. FBS Proprietary App: A mobile trading application designed for seamless trading on the go.

All platforms are available in desktop, mobile, and web versions, ensuring flexibility and accessibility.

Permitted Trading Styles: FBS allows a range of trading strategies, including:

• EA/Robots: Automated trading through expert advisors.
• Scalping: Quick trades targeting small price movements.
• News Spike Trading: Trading on high volatility during news releases.

Account Types and Trading Instruments

FBS provides a variety of account types to suit diverse trader needs.

1. Minimum Trade Size: The minimum trade size starts at 0.01 lots, making it accessible for beginner traders.
2. Leverage: FBS offers one of the highest leverage levels in the industry, up to 3000:1. However, leverage varies based on the traded instrument, account type, and trader’s location.
3. Minimum Deposit: Traders can open a live account with as little as $5.

Trading Instruments: FBS offers an extensive range of instruments, including:

• Forex: Over 70 currency pairs.
• Cryptocurrencies: Popular options like Bitcoin, Ethereum, and others.
• Precious Metals: Gold, Silver, and other metals.
• Stocks and Indices: CFDs on global stocks and indices.
• Commodities: Oil, agricultural products, and other commodities.

To understand specific trading conditions, including leverage and margin requirements, traders are advised to consult the official FBS website or customer support.

Deposit and Withdrawal Options

FBS offers multiple deposit and withdrawal methods to accommodate traders worldwide. These include:

• Credit/Debit Cards: VISA and MasterCard.
• E-Wallets: Neteller, Skrill, PerfectMoney, and SticPay.
• Local Exchangers: Country-specific payment solutions.

It is essential to note that the availability of these methods may vary depending on the trader’s country of residence. Additionally, some methods may have associated fees or processing times. Traders are encouraged to verify the latest information on the FBS website or by contacting customer support.

Trading Restrictions

While FBS caters to a broad international audience, there are certain restrictions regarding client acceptance. FBS does not accept clients from the following countries:

• United States
• Iran
• Israel
• Myanmar
• United Kingdom

Traders from these regions should explore alternative brokers that comply with their local regulations.

Why Choose FBS?

FBS stands out for its competitive trading conditions, robust platforms, and regulatory compliance. Key highlights include:

1. Low Entry Barrier: A minimum deposit of $5 allows almost anyone to start trading.
2. High Leverage: Up to 3000:1 leverage offers opportunities for significant profit, though traders must manage risks carefully.
3. Diverse Instruments: From forex to commodities and cryptocurrencies, FBS provides a wide array of trading opportunities.
4. Accessible Platforms: MT4, MT5, and a proprietary app ensure traders have the tools they need to succeed.

Important Considerations

Before trading with FBS, consider the following:

• Leverage can amplify both profits and losses. Use it cautiously and understand the risks.
• Deposit and withdrawal methods may vary over time and by location. Always confirm the latest options on the official FBS website.
• Ensure compliance with regional restrictions and regulations if you reside in a restricted country.

Final Thoughts

FBS has positioned itself as a reliable broker for traders worldwide, offering an array of features and services tailored to various trading styles. With robust regulations, a wide range of instruments, and flexible trading platforms, FBS remains a top choice for both beginners and experienced traders.