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.
FBS FOREX COMPANY INFO & FBS FOREX ACCOUNTS
FBS Instruments & Execution Type
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■ FBS operates as an ECN Forex Broker ■ CFDs ■ Futures ■ 5-Digit Quotes |
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US Traders
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□ FBS forbids US Traders -No- | ||||||||||
FBS Forex Regulation & Foundation
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■ FBS was found in 2009 ■ Headquarters in Russia ■ In 2013, FBS joined the regulated partnership CRFIN (Centre for Regulation in OTC Financial Instruments and Technologies) ■ Segregated accounts (70% of all funds can be maintained in the trader's bank) |
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FBS Minimum Forex Account Size
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□ Minimum account size at FBS is just $1 | ||||||||||
FBS Fund Methods Available
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FBS Forex Account Currencies
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FBS Forex Bonus Policy
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■ 60% deposit bonus
■ $123 No-Deposit Bonus (Free)
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- 60% welcome bonus (credit bonus)
- The bonus is up to $60,000
- Trade Forex using the bonus funds and withdraw profits
- $123 is credited for 7 days
- In 7 calendar days, you will be able to withdraw as much profit received on the bonus funds as many lots you have traded x3
- For instance, 10 lots mean 30$ of profit available for withdrawal
- No verification and contact details required
FBS FOREX TRADING PLATFORMS
FBS offers Metatrader4 and allows both scalping and automated trading. As concerns free tools, there is free daily market analysis, economic calendar, and a Forex calculator. There are also some trading contests. In addition, FBS provides a forum for experienced forex traders and also the FX-Bazooka which works as a financial information center.
FBS Forex Desktop Platforms
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□ FBS MetaTrader-4
□ FBS MetaTrader-5
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FBS Forex Mobile Platforms |
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FBS Forex Automated Trading |
■ FBS provides automated trading via MT4
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FBS Forex Hedging / Scalping | ■ FBS allows Scalping and Hedging |
FBS FOREX CUSTOMER SERVICE
FBS Customer Support |
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FBS Customer Service |
■ FBS Forex offers 24/5 Customer Support
■ FBS Forex provides Individual Account Manager
□ 8 Customer Support Languages: Chinese, English, Arabic, Indonesian, Malay, Russian, Thai, Vietnamese
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FBS Website Languages | □ 17 Languages available, English, Russian, Spanish, Portuguese, Arabic, Korean, Chinese, Bahasa Indonesia, Bahasa Malaysian, Turkish, Vietnamese, Bengali, Lithuanian, Sri Lankan, Thai | ||||
» Start Trading with FBS Forex
Other Reviews: » MultibankFx.com Review| » StrategyQuant Review | » IronFx.com Review | » EA Builder Review
■ FBS.com Forex Broker Review
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