FBS Forex Broker -Review

Found in 2009, FBS is a popular Forex broker in Asia. FBS is based in Russia and it is regulated by CRFIN.

FBS offers variable and fixed spreads without commissions. The minimum FBS spread starts as low as 0.2 pip on EURUSD while the typical EURUSD spread is 1.1 pip. The fixed spreads start as low as 2.0 pips on EURUSD and 3.0 pips on USDJPY and GBPUSD. As concerns trading platforms, FBS offers the FBS-Trader 4 which is actually a MetaTrader4 platform and the FBS-Trader 5 which is an MT5 platform. The broker offers 28 Foreign Exchange Currencies, Futures, CFDs and Stock-market assets. Mobile trading is available for Android, Windows, and iPhone. Automated trading and scalping are both allowed.

The FBS customer service is 24/5 including phone, email, live chat, and a specialized forum. FBS is very popular in Asia and has won awards such as 'Best Forex Broker of South-East Asia Award'. As concerns the trading accounts, there are four account types starting from just $1. There are many fund methods available, including cards, wire, western union, Moneybookers, cashU etc. FBS offers also segregated accounts whereby 70% of all trading funds can be maintained in the trader's personal bank and only 30% of all trading funds must be deposited in the broker's account. Many promotions are available including a Demo Contest. FBS offers also a welcome bonus to all new clients, currently, there is a 60% welcome bonus promotion, up to $60,000. There is also a $123 No-Deposit Bonus Promotion.

» Visit FBS Website

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