FBS Review 2024

What is FBS?

In the context of forex, FBS is an international broker that operates in the financial market. It provides a platform for trading a variety of instruments, including forex, indices, metals, and futures contracts. FBS has been on the market for over 10 years and during this time, it has earned about 40 international awards. It is regulated by the CySEC under license number 331/17. The company is especially popular in Asian countries such as India, Malaysia, and Indonesia. One of the key concepts in forex trading is the spread. The spread is the difference between the Bid (buying) and Ask (selling) prices. Brokerages like FBS have an agreement with a liquidity provider that has access to the real Forex market. This company gives FBS a way to operate in the Forex market, providing broker’s clients with real prices of assets. A liquidity provider gives FBS a price with a spread included, and FBS gives the price to its customers with this spread. When you buy an asset, FBS opens your order at an Ask price, and vice versa; when you sell an asset, FBS opens your order at a Bid price. Therefore, a spread can also be a fee for opening a trade because you “pay” the spread every time you open a trade. Smaller spreads mean better conditions for traders. FBS has account types with spread starting from -1 point, which is incredibly convenient for all traders. FBS offers different types of spreads to satisfy every trader. These include:. Fixed spread: This is not changing and remains on the same level no matter what happens in the market. It is way more convenient for traders, especially in volatile times. Zero spread: This is a variation of a fixed spread. If you do not want to bother with spread calculations, choose a Zero spread account and pay no spread. However, a commission for the order opening is applied. In conclusion, FBS is a reputable broker that offers a wide range of trading instruments and competitive spreads. It is a good choice for both beginners and experienced traders.

What is the Review Rating of FBS?

What are the Pros of FBS?

FBS, a well-established broker in the forex market, offers several advantages that make it a popular choice among traders. Here are some of the key benefits:. Wide Range of Trading Instruments: FBS offers a variety of trading instruments, including classic currency pairs, indices, futures contracts, and metals. This diversity allows traders to diversify their portfolio and find opportunities in different markets. Flexible Trading Conditions: FBS provides flexible conditions for Forex trading. It supports various trading strategies like hedging, scalping, and algo-trading. , making it a versatile choice for traders globally. High Leverage: FBS offers a leverage of up to 1:3000. , which is one of the highest in the industry. This high leverage can potentially lead to larger profits, but it also comes with increased risk. Low Minimum Deposit: The minimum deposit to open an account with FBS starts at just €10. This low entry barrier makes it accessible for traders with different investment capacities. Negative Balance Protection: FBS offers negative balance protection. , which means that traders cannot lose more money than they have deposited into their account. This feature provides an extra layer of security for traders. Award-Winning Brokerage: FBS has been in the market for over 10 years and has won about 40 international awards. These awards attest to the broker’s reliability and high-quality services. 24/7 Support: FBS’s support service works 24/7. , ensuring that traders can get assistance whenever they need it. Regulated by Reputable Authorities: FBS is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 331/17. This regulation ensures that FBS adheres to strict standards of transparency and fairness. Please note that while FBS offers many advantages, trading in the forex market involves significant risk. It’s important to understand these risks and consider your financial situation and trading experience before starting to trade.

What are the Cons of FBS?

FBS is a popular online forex and CFD broker that offers various trading instruments, platforms, and account types to its clients. However, like any other broker, FBS also has some drawbacks that you should be aware of before opening an account with them. Here are some of the cons of FBS that you may want to consider:. No cryptocurrency trading: FBS does not offer any trading opportunities in the cryptocurrency market, which is one of the most volatile and dynamic segments of the financial market. If you are interested in trading digital currencies, you may want to look for a broker that supports this option. No auto copying or PAMM accounts: FBS does not provide any tools or services for automated trading or social trading. You cannot use third-party software or platforms to copy the trades of other successful traders or join a managed account service. This means you will have to rely on your own skills and strategies to trade. Not suitable for short-term trading: FBS is not designed for traders who prefer fast-paced and frequent transactions, such as scalping or day trading. The minimum deposit required to open an account with FBS is $10, which may be too high for some traders who want to start small. Moreover, the maximum leverage offered by FBS is 1:3000, which may be too high for some traders who want to reduce their risk exposure. Limited support service: FBS only offers customer support in a limited number of languages, such as English, Russian, Turkish, Arabic, Chinese, and Vietnamese. If you speak another language or prefer a different communication channel, you may find it difficult to get in touch with FBS customer service. Only two real accounts: FBS only offers two types of real accounts: Standard and ECN. The Standard account has fixed spreads starting from 1 pip and no commission. The ECN account has zero spreads but charges a commission of $20 per lot. Both accounts have a minimum deposit requirement of $100 and a maximum leverage of 1:3000. There is no demo account available for testing purposes. . These are some of the cons of FBS that you should keep in mind before deciding whether to trade with them or not. Of course, there are also some pros of FBS that you should consider as well, such as low stock and stock index CFD fees. , easy and fast account opening. , excellent customer support & education. , negative balance protection, and many international awards. Ultimately, the choice depends on your personal preferences and trading goals.

What are the FBS Current Promos?

FBS is a leading online forex and CFD broker that offers various promotions and bonuses to its clients. Here are some of the current promos that FBS is running in 2023:. LEVEL UP BONUS: This is a new promotion that allows all FBS clients, new and existing, to get a free bonus of $140 without making a prior deposit. The bonus can be used for trading on any account type and any instrument. The bonus has no expiration date and can be withdrawn at any time. To claim this promo, you need to register on the FBS website or app and verify your identity. Cashback: This is a promotion that rewards FBS clients for trading with the company. You can get up to 20% cashback on your trading losses every month. The cashback amount depends on your account type, trading volume, and VIP level. You can withdraw your cashback via bank transfer or e-wallets. To activate this promo, you need to log in to your FBS personal area and go to the Cashback section. VPS Service: This is a promotion that provides FBS clients with a virtual private server (VPS) service for free. A VPS service allows you to run multiple trading accounts simultaneously on one computer, without affecting its performance. You can also use the VPS service for backtesting, strategy testing, or running automated trading systems. To get this promo, you need to have an active trading account with FBS and contact their support team. VIP Analytics: This is a promotion that gives FBS clients access to exclusive market analysis tools and reports. You can get daily market updates, technical indicators, trading signals, economic calendar, sentiment analysis, and more. You can also interact with other traders and experts on the FBS community forum. To enjoy this promo, you need to have an active trading account with FBS and subscribe to the VIP Analytics package. These are some of the current promos that FBS is offering in 2023. If you are interested in any of them, you can visit their website or app for more details and instructions on how to claim them. Happy trading! ?.

What are the FBS Highlights?

FBS, a global leader in the Forex market, has been making significant strides in the financial sector. The year 2021 was particularly eventful for the FBS family, with the broker hitting new records. One of the key highlights of FBS is its commitment to responsible trading, efficient financial transactions, and top-notch customer support. This commitment has solidified FBS’s position as a broker that genuinely cares about its traders’ success. FBS is recognized for its variety of trading instruments and prompt support. It caters to both beginners and experienced traders working on PCs and smartphones. The brokerage company has been on the market for over 10 years and has earned about 40 international awards. Regulated by the CySEC under license number 331/17, FBS provides flexible conditions for Forex trading. In addition to classic currency pairs, the company’s clients can trade indices, futures contracts, exotic currencies, and metals. FBS is especially popular in Asian countries such as India, Malaysia, and Indonesia. Another highlight of FBS is its ability to execute orders quickly and accurately for over 550 trading instruments. This efficiency is evident from the list of accolades pertaining to 2023. The International Finance Expo has crowned FBS as the most reliable forex broker in the dynamic world of forex trading. In summary, FBS is a broker for those who appreciate a variety of trading instruments, prompt support, and a commitment to responsible trading. With its record growth and exciting new features, FBS continues to empower traders for success in Forex.

Is FBS Regulated and who are the Regulators?

Yes, FBS is a fully regulated broker in the forex market. The regulatory bodies overseeing FBS’s operations are:. Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investments Commission (ASIC) International Financial Services Commission (IFSC) of Belize Financial Sector Conduct Authority (FSCA) of South Africa . These regulatory bodies are responsible for ensuring that FBS adheres to the strictest standards and requirements. This includes maintaining fairness in pricing and trading conditions. It’s important to note that the specific regulatory body overseeing your interactions with FBS may depend on your location. For instance, if you are a resident of the European Economic Area (EEA), your interactions with FBS would be overseen by CySEC. If you are in Australia, your interactions would be overseen by ASIC. For other countries, the Financial Services Commission of Belize (FSC) or the Financial Sector Conduct Authority (FSCA) of South Africa may be the relevant regulatory body. Regulation by these top-tier authorities significantly enhances the safety of any given broker. These regulators apply the strictest requirements and standards that brokers overseen by them must adhere to. As a client of a broker with top-tier regulation, you will have important safeguards in place with respect to the fairness of pricing and trading conditions that your broker provides. If you’re uncertain about your broker’s regulatory entity, it’s recommended to reach out to their customer support team.

Did FBS win any Awards?

FBS, a leading online trading platform, has been recognized with several awards in 2023. Most Reliable Forex Broker 2023 FBS has been recognized as the “Most Reliable Forex Broker 2023” by the International Finance Expo. This award is a testament to the platform’s reliability and trustworthiness in the forex trading industry. Best Trading Account for Beginners FBS’s efforts in providing user-friendly and accessible trading solutions for newbie traders have been recognized by FxScouts. They awarded FBS with the title of "Best Trading Account for Beginners". This highlights FBS’s commitment to making forex trading accessible and understandable for beginners. Best Client Support in Latin America FBS’s client support has been recognized at the Global Brands Magazine Awards, where they won the “Best Client Support in Latin America” award. This award underscores FBS’s benchmark approach to assisting its clients, particularly in the Latin American region. In addition to these awards, FBS has also been nominated in various categories at the Forex Awards. The company has been in business since 2009 and is regulated by IFSC, CySEC, ASIC, FSCA. It provides services in over 150 countries and has been chosen by more than 17 million traders and 410,000 partners as their preferred trading broker. FBS offers competitive leverage, valuable bonuses, free educational materials, and 24/7 multilingual support. They also provide six types of accounts to choose from, depending on the client’s region and their personal preferences. FBS’s recognition in these areas demonstrates their commitment to providing a reliable, user-friendly, and supportive trading environment for their clients. These awards are a testament to FBS’s ongoing efforts to excel in the forex trading industry.

How do I get in Contact with FBS?

If you want to get in contact with FBS, one of the leading online forex and CFD brokers, you have several options to choose from. Here are some of the ways you can reach out to FBS support team: Live chat on the official website: You can access the live chat feature on the FBS website by clicking on the “Contact Us” button at the bottom right corner of the page. You will be connected to a friendly and professional customer service representative who can assist you with any questions or issues you may have. Facebook page: You can also follow FBS on Facebook and send them a message or comment on their posts. The official Facebook account of FBS is here. You can also join the FBS Official Group and use the chat function to communicate with other traders and experts. Email: If you prefer to send an email, you can use the contact form on the FBS website or write to support@fbs.com. Make sure to include your account number, trading platform, and a brief description of your inquiry or problem. Phone call: Another option is to call FBS directly at +44 203 555 00 00. This number is available from Monday to Friday, 9:00 AM to 5:00 PM (GMT+2). You will be able to speak to a live agent who can help you with your query or issue. Visit the office: If you are in London, you can also visit the FBS office at 3rd Floor, 1st Avenue, London W1B 4JL. The office is open from Monday to Friday, 9:00 AM to 5:00 PM (GMT+2). You will need to make an appointment in advance by calling +44 203 555 00 00. Twitter: You can also follow FBS on Twitter @FBSforex and send them a direct message or tweet at them. They usually reply within a few hours and provide helpful information and tips. WeChat: If you are using WeChat, you can add FBS as a friend and send them a message or scan their QR code. The WeChat account of FBS is @fbsforex. FBS is committed to providing excellent customer service and support for its clients. They have a team of qualified professionals who are ready to assist you with any questions or issues you may have regarding forex trading. Whether you need help with opening an account, depositing funds, placing trades, withdrawing profits, or resolving disputes, FBS has got your back!.

Where are the Headquarters from FBS based?

FBS, a renowned player in the forex market, has its headquarters in multiple locations around the world. FBS in Cyprus The primary headquarters of FBS is located in Limassol, Cyprus. The exact address is 21, Vasili Michallidi. This strategic location in the heart of the Mediterranean serves as a crucial hub for the company’s operations. FBS in Belize In addition to its Cyprus headquarters, FBS also maintains a significant presence in Belize. The Belize office is situated at No.1 Orchid Garden Street, Belmopan. Belize, known for its robust financial services sector, provides an ideal environment for forex operations. FBS in the United States FBS has a footprint in the United States as well, with an office located in Fargo, North Dakota. The exact location is 4601 33rd Ave S, Fargo. The U.S. office further extends FBS’s global reach and influence in the forex market. FBS in Italy Lastly, FBS has established its presence in Italy, with its office located at Via Senato, 6, Milan. Italy, being one of the largest economies in the Eurozone, offers a strategic advantage for FBS’s operations. In conclusion, FBS’s multiple headquarters reflect its global presence and commitment to providing top-notch forex services to its clients worldwide. Each location plays a vital role in the company’s operations, contributing to its reputation as a leading player in the forex market. Please note that this information is accurate as of the last update and may be subject to change.

What kind of Customer Support is offered by FBS?

FBS, a renowned forex trader, offers a comprehensive customer support system that is designed to cater to the needs of both beginners and experienced traders. Live Chat: The most recommended means of inquiry is through live chat. This service allows users to communicate with the support staff in real time. It is particularly useful for immediate problem-solving and is available 24 hours a day on weekdays. Email Support: FBS also provides email support. This can be a good option for non-urgent inquiries or for issues that require detailed explanations. Phone Support: FBS offers phone support through a callback request system. This can be a convenient option for users who prefer to discuss their issues over the phone. It’s important to note that FBS support does not respond to inquiries about trading methods and strategies, forecasting market price movements, or how to use Metatrader (MT4, MT5). They are also not able to answer any questions regarding investment advice as this is prohibited by law. However, for inquiries related to account issues, withdrawal requests, order placement or closure errors, and other frequently asked questions, the support desk is readily available. In addition to these support channels, FBS also provides a comprehensive FAQ section on their official website. Users are encouraged to check this section first before reaching out to the support team. In conclusion, FBS offers a robust and user-friendly customer support system that ensures a smooth trading experience for its users.

Which Educational and Learning Materials are offered by FBS?

FBS is a forex broker that offers various educational and learning materials to help traders of all levels improve their skills and knowledge. Some of the materials that FBS provides are: General educational videos: FBS has a series of videos that cover the basics of forex trading, such as what is forex, how to read charts, how to use indicators, how to manage risk, and more. These videos are suitable for beginners who want to learn the fundamentals of the market. Quality educational texts: FBS also has a collection of articles that explain different aspects of forex trading, such as technical analysis, fundamental analysis, trading psychology, trading strategies, and more. These texts are useful for intermediate and advanced traders who want to deepen their understanding of the market. Platform tutorials: FBS offers platform tutorials that show how to use its trading platform, MetaTrader 4 (MT4), which is one of the most popular and widely used platforms in the industry. The tutorials cover topics such as how to open an account, how to deposit and withdraw funds, how to place orders, how to use tools and features, and more. These tutorials are helpful for traders who want to familiarize themselves with the platform. Demo account: FBS gives its clients access to a demo account that allows them to practice trading with virtual money without risking real money. The demo account has realistic market conditions and allows traders to test their strategies and skills before switching to a live account. The demo account is ideal for traders who want to gain experience and confidence in trading. FBS’s educational and learning materials are designed to help traders achieve their goals and learn how to invest smartly in the forex market. By using these materials, traders can improve their knowledge, skills, and performance in trading.

Can anyone join FBS?

FBS, a well-known forex broker, offers a variety of account types and trading platforms, making it a popular choice for both beginners and experienced traders. Eligibility Criteria. To join FBS, traders must meet certain eligibility criteria. These include:. Email Verification: Traders must verify their email address. Account Registration: Traders need to register a Level-Up Bonus account in the FBS Personal Area. Trading Activity: Traders who show consistent trading activity over 20 consecutive days become eligible to withdraw any profits made on the bonus account. Unique Features. What sets FBS apart from other brokers is its unique features such as the ‘Cent Account’ type, which helps beginners trade in the live market while taking minimal risk. This broker also takes a progressive approach to pricing with low inactivity fees and no withdrawal fees, even by bank wire. Regulation. FBS is regulated by top-tier regulators like CySEC in the EU and ASIC in Australia. These regulators offer a degree of safety and security to traders in their jurisdictions. Conclusion. In conclusion, while anyone can join FBS, they must meet certain criteria to do so. FBS offers a range of features and benefits that make it an attractive choice for both new and experienced traders. However, as with any financial decision, it’s important to do your own research and consider your individual circumstances before joining a forex broker.

Who should sign up with FBS?

FBS, a worldwide broker brand, is an ideal platform for a variety of individuals interested in forex trading. Here are some categories of people who might find FBS beneficial:. Beginners in Forex Trading: FBS offers a special test for all newcomers during registration. This helps determine the level of Forex experience and suggests the type of account to open. The platform also provides extensive trading education material, available to anyone, whether they are a registered client or not. Experienced Forex Traders: FBS caters to 23 million active traders from more than 150 countries. It offers flexible and dynamic trading options, account types, and a choice between powerful trading platforms. The platform is known for its competitive trading conditions. E-commerce Sellers: FBS is suitable for seasoned e-commerce sellers looking to expand their online businesses without worrying about increasing costs or fulfillment capabilities. Traditional Retail Sellers: Those looking to establish an omnichannel presence on a leading e-commerce platform can also benefit from FBS. FBS is regulated by several financial regulatory authorities worldwide, including the International Financial Services Commission of Belize (IFSC), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA). This makes FBS a legitimate broker, providing reassurance to both beginners and experts. In conclusion, FBS is a versatile platform that caters to a wide range of individuals, from beginners to experienced traders, and from e-commerce sellers to traditional retail sellers. Its strong regulatory framework, extensive educational resources, and diverse trading options make it an attractive choice for anyone interested in forex trading.

Who should NOT sign up with FBS?

FBS is a well-known online trading platform that offers investment opportunities in forex and CFD trading of stocks, indices, cryptocurrencies, and other equities. However, it may not be suitable for everyone. Here are some categories of people who might want to reconsider signing up with FBS:. Residents of Prohibited Countries: FBS operates under various financial regulatory authorities, including the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), and International Financial Services Commission (IFSC). However, residents of regions not governed by these authorities may not be allowed to open trading accounts with FBS. Beginners Expecting Deposit Bonuses: Some beginners might be attracted to brokers offering deposit bonuses. However, it’s important to note that brokers offering such bonuses could potentially be scammers. FBS, being a reputable broker, does not seem to offer deposit bonuses. Traders Seeking Certain Tradeable Instruments: While FBS offers a range of tradeable instruments, including Forex, Crypto, Commodities, Indices, and Stocks. , it might not cater to all types of traders. If a trader is interested in a specific instrument not offered by FBS, they might want to look for a different broker. Traders Uncomfortable with STP, ECN, NDD Broker Types: FBS operates as an STP, ECN, NDD type of broker. Traders who prefer a different type of broker might not find FBS suitable. In conclusion, while FBS is a reputable broker with a wide range of offerings, it might not be the best fit for everyone. Potential traders should carefully consider their individual needs, preferences, and circumstances before signing up with any broker. It’s always a good idea to do thorough research and perhaps even consult with a financial advisor before making such decisions. Remember, investing in the financial markets always carries risk, and it’s important to be fully informed before diving in.

Does FBS offer Discounts, Coupons, or Promo Codes?

FBS, a mid-size investing & trading app store, does offer discounts, coupons, and promo codes, although they are very rarely issued. Here are some details:. Promo Codes: FBS has been known to offer promo codes that can provide significant savings. For instance, there was a recent unverified code that offered an extra 20% off on select products. However, these codes are not always available and it’s recommended to check their website or other coupon curating sites for the most recent codes. Discounts: FBS offers various discounts on its products and services. For example, shoppers have saved an average of 20.0% on purchases with coupons at fbs.com. In addition, there have been offers where FBS items were up to 25% off. Competitor Codes: FBS also offers competitor codes which can get you up to 50% off on investing & trading apps. Deals: Apart from promo codes and discounts, FBS also provides deals on its products. For instance, there was a deal where you could receive as much as 5% off on deal products. Free Shipping: On certain occasions, FBS offers free standard shipping deals when you buy FBS products. Please note that these offers are subject to change and it’s always a good idea to check the official FBS website or other reliable coupon sites for the latest information. Remember, investing in Forex involves risk, and it’s important to only invest what you can afford to lose. Happy investing!.

Which Account Types are offered by FBS?

FBS, an award-winning international broker with a global presence in over 150 countries, offers eight different account types to cater to the diverse needs of forex traders. Cent Account: This account type is unique as transactions are carried out in cents, making it a low-risk option. The minimum deposit is $5 USD, and it offers a leverage of up to 1:1000. Micro Account: The Micro Account is another option for traders, with a minimum deposit requirement and details similar to the Cent Account. Standard Account: The Standard Account is ideal for traders interested in a traditional trading experience. It offers ultra-competitive spreads without any commissions. The minimum deposit is $5 USD, and it provides a leverage of up to 1:3000. Zero Account: As the name suggests, the Zero Account offers zero spreads for a more streamlined trading experience. ECN Account: The ECN Account provides direct access to the interbank market, making it a good choice for more experienced traders. Crypto Account: For those interested in cryptocurrency trading, the Crypto Account is a suitable choice. Islamic, Swap-Free Account: This account type is designed to comply with Islamic law, which prohibits earning interest on business transactions. Demo Account: The Demo Account allows traders to practice their strategies without risking real money. Each account type has its unique features and benefits, catering to the different needs and preferences of traders. It’s important for traders to choose the account type that best suits their trading style and risk tolerance.

How to Open a FBS DEMO account?

Opening a FBS DEMO account is a simple process that allows you to practice forex trading with virtual money using real market data. Here’s a step-by-step guide:. Step 1: Open your Personal Area. This is the first step towards setting up your FBS DEMO account. The Personal Area is where all your account information will be stored. Step 2: Find the “+ Create account” button and click on it. This will lead you to the page where you can choose the type of account you want to create. Step 3: On the opened page, click on the “Demo” button. This will set your new account as a Demo account, allowing you to trade with virtual money. Step 4: Click on the “Open account” button. This will take you to a page where you can customize your Demo account. Step 5: You can choose the MetaTrader version, account currency, leverage, and initial balance. These settings will determine the conditions under which you will be trading in your Demo account. Step 6: Click on the “Open account” button. This final step will create your Demo account with the settings you’ve chosen. Remember, using a Demo account is an excellent way to learn how to trade. You will be able to practice by pressing the buttons and grasp everything much faster without being afraid of losing your own funds. Happy trading!.

How Are You Protected as a Client at FBS?

As a client at FBS, you are protected in several ways:. Investor Protection: Some or all of FBS’s clients have access to investor protection. This protection guarantees the return of your money if your broker goes bankrupt. FBS operates in a country - or has entities that operate in a country - with an established investor protection scheme in place. The amount of investor protection you’re eligible for differs from entity to entity. Negative Balance Protection: FBS offers negative balance protection. If the balance on your account goes into negative, you will be protected. According to FBS’s Customer Agreement, if a negative balance is displayed after closing all your orders, they immediately add the required amount to restore the account balance to 0. Segregated Accounts: FBS keeps client funds and the company’s operating fund on segregated accounts. This means that the money is protected even in case the company goes bankrupt. Please note that the level of protection can vary depending on the country of the client and the legal entity of FBS that the client is dealing with. For example, clients in the EEA are protected up to €20,000 by the Cyprus Securities and Exchange Commission (CySEC) under Tradestone Ltd. However, there is no protection for clients in Australia, South Africa, and other countries dealing with other legal entities of FBS.

Which Funding methods or Deposit Options are available at FBS?

FBS, a renowned international Forex and CFD broker, offers a wide range of convenient payment options for depositing funds into a live trading account. Here are the available deposit methods:. Credit/Debit Cards. Visa (Credit/Debit): Accepted currencies are USD and EUR. There is no minimum amount, and the fee is 1%. The deposit is processed instantly. Mastercard: Accepted currencies are USD and EUR. There is no minimum amount, and the fee is 1%. The deposit is processed instantly. Electronic Payment. Neteller: Accepted currencies are USD and EUR. There is no minimum amount, and the fee is 3.9%. The deposit is processed instantly. Skrill (Moneybookers): Accepted currencies are USD and EUR. There is no minimum amount, and the fee is 1%. The deposit is processed instantly. 1Pay: The accepted currency is VND. There is no minimum amount, and the fee is 9.901%. The deposit is processed instantly. Qiwi: Accepted currencies are USD, EUR, and RUB. There is no minimum amount, and the fee is 4%. The deposit is processed instantly. Fasapay: Accepted currencies are USD and IDR. There is no minimum amount, and the fee is 0.5%. The deposit is processed instantly. FilsPay: The accepted currency is USD. There is no minimum amount, and the fee is 6%. The deposit is processed instantly. WebMoney: Accepted currencies are wmz, wmr, wme, and wmu. There is no minimum amount, and there is no fee. The deposit is processed instantly. MyPayPocket: The accepted currency is THB. There is no minimum amount, and there is no fee. The deposit is processed instantly. WeChat: The accepted currency is CNY. There is no minimum amount, and there is no fee. The deposit is processed instantly. 支付宝: The accepted currency is USD. There is no minimum amount, and the fee is 3.5%. The deposit is processed instantly. PerfectMoney: Accepted currencies are USD and EUR. There is no minimum amount, and there is no fee. The deposit is processed instantly. OKPAY: Accepted currencies are USD and EUR. There is no minimum amount, and the fee is 0.5%. The deposit is processed instantly. Yandex Money: The accepted currency is RUB. There is no minimum amount, and the fee is 0.5%. The deposit is processed instantly. Moneta.ru: Accepted currencies are USD, EUR, and RUB. There is no minimum amount, and the fee is 2.5%. The deposit is processed instantly. Bank Wire Transfer. Bank Transfer: Accepted currencies are USD and EUR. There is no minimum amount, and there is no fee. The deposit is processed in 5 – 7 days. YuuPay: Any currencies are accepted. There is no minimum amount, and the fee is 3%. The deposit is processed in 5 – 7 days. Please note that deposit requests via other payment systems are processed within 1-2 hours during FBS Financial dept. business hours: Monday to Friday 07:00 – 19:00 GMT +3. In case the currency of transferred funds and the base currency of the live account are different, the deposit amount will be converted into the currency of the live account, according to the current official exchange rate on the day of the deposit execution.

What is the Minimum Deposit Amount at FBS?

FBS, an international Forex and CFD broker, offers a range of account types, each with its own minimum deposit requirement. Cent Account: This account type is best for beginners with small amounts of money. The minimum deposit for a Cent Account is $1. Micro Account: This account type is also suitable for beginners. The minimum deposit for a Micro Account is $5. Standard Account: This is an average trading account. The minimum deposit for a Standard Account is $100. Zero Spread Account: This account type is best for news trading. The minimum deposit for a Zero Spread Account is $500. FBS offers a range of convenient payment options for depositing funds into a live trading account. These include wire transfer, e-wallets such as Skrill and Neteller, and bank cards such as MasterCard and Visa. However, the availability of these payment systems may depend on your country of residence. FBS does not charge any fees when you are depositing money. Most payment methods are free. However, Sticpay is the only method where fees of 2.5% + $0.3 commission apply. Please note that deposits for smaller amounts are processed manually and may take longer. The minimum deposit amount, in general, is $5. However, the minimum deposit for different payment systems may differ. For example, the minimum deposit for Neteller is $10, for Skrill is $12, for Perfect Money is $5, for Ethereum is 0.01 ETH, for Tether is 10 USDT, for Litecoin is 0.2 LTC, and for Bitcoin, the minimum recommended deposit is $36.

Which Withdrawal methods are available at FBS?

FBS, a top-ranking broker in the Forex market, offers several methods for withdrawing funds. Here is a detailed guide on how to withdraw money from FBS:. Step 1: Create an FBS Account The first step is to open an FBS account. During the registration process, you’ll be asked if you want a demo or a real account. Note that you need a real account to make withdrawals. Step 2: Log in to Your Personal Area After you applied, log into your trading account with the login details generated during the account-opening stage. You can access your FBS trading area directly from the broker’s Home page. Step 3: Withdraw from Your FBS Account From your Profile, visit the Finance page. Then, choose “Withdrawal” and follow the withdrawal instructions. Always remember that your preferred withdrawal method must match your deposit method for an easy withdrawal process. More so, you can withdraw funds into your bank account just as you can into your FBS trading account. Confirm your withdrawal when you’re done. Step 4: Wait for the FBS Approval The FBS Financial Department processes all withdrawal requests on a first-come, first-served basis. The withdrawal process depends on the chosen payment system. For instance, it takes between 5 and 7 business days to process bank wire while withdrawal through a credit or debit card takes between 15 and 20 minutes. In some extreme cases, it may take longer but not more than 2 business days. For eWallets, withdrawal takes between 15 and 20 minutes and a maximum of 48 hours in extreme cases. Step 5: Check Your FBS Withdrawal Status You can check your withdrawal status at your convenience. Simply visit the “Transaction History” tab on your Finance page and monitor it. Available Withdrawal Methods FBS supports multiple withdrawal methods. These include:. Bank transfer. Credit/debit cards. Skrill. Neteller. WorldPay. Wire Transfer. Western Union. WeChat Pay. Sticpay. RBK Money. Mastercard. Credit Card. Please note that the withdrawal commission depends on the payment system you choose. Also, remember that you can only withdraw funds to accounts that are in your name.

Which Fees are charged by FBS?

FBS, a popular online broker, charges various types of fees for its services. Here’s a detailed breakdown:. 1. Trading Fees: FBS’s trading fees are generally low, making it suitable for frequent trading. The fees are built into the spread, which is the difference between the ask and bid price of the order. Here are some examples:. S&P 500 CFD: The fees are built into the spread, 1.5 points is the average spread cost during peak trading hours. Europe 50 CFD: The fees are built into the spread, 3.2 points is the average spread cost during peak trading hours. EURUSD: For a standard account, the fees are built into the spread, 0.9 pips is the average spread cost during peak trading hours. 2. Commission: The commission is charged whenever you execute a trade. It can be a flat fee or volume-tiered. For a standard account, the commission is zero. 3. Non-Trading Fees: These fees are related to withdrawal and deposit fees. It also includes account inactivity fees. 4. Overnight Costs: While trading on leverage, the broker charges for holding the position overnight. This can be charged in the form of swap points or in a percentage. 5. Inactivity Fee: FBS does not charge an inactivity fee. Please note that the charges will vary from one trading account to another as FBS offers 5 different trading accounts. Also, remember that 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Which Trading Platforms are offered by FBS?

FBS offers a variety of trading platforms to cater to the diverse needs of traders worldwide. Here are the key platforms provided by FBS:. FBS Trader. : This is a proprietary mobile trading platform offered by FBS. It’s designed to make Forex trading easy and accessible from anywhere, anytime. The platform offers real and demo accounts, low spreads, seamless deposits and withdrawals, and a wide range of assets including FX, digital assets, commodities, and stocks. It also provides market signals, an economic calendar, and 24/7 chat support. FBS Trader has been recognized as the Best Mobile Trading Platform Europe 2021. MetaTrader 4 (MT4). : MT4 is a popular trading platform in the Forex industry, known for its user-friendly interface and powerful trading tools. FBS provides MT4 as one of its platform offerings, allowing traders to benefit from its advanced charting capabilities, numerous technical indicators, and automated trading systems. MetaTrader 5 (MT5). : As an upgrade to MT4, MT5 offers additional features such as more timeframes, advanced pending orders, and a built-in economic calendar. Like MT4, FBS also offers MT5 to its clients. Each of these platforms is designed to provide traders with a unique trading experience, catering to different trading styles and strategies. Whether you’re a beginner or a seasoned trader, FBS has a platform that can meet your trading needs.

Which Trading Instruments are offered by FBS?

FBS, a renowned online broker, offers a diverse range of trading instruments to cater to the varied needs of traders. Here’s a detailed look at the trading instruments offered by FBS:. Forex Currency Pairs: FBS offers a wide array of Forex currency pairs for trading. This includes popular majors, minors, and exotics. Metals: Traders can trade in various metals including Platinum, Palladium, and others. Forex Exotic: FBS provides an opportunity to trade in Forex exotic pairs, which include pairs like CNHJPY, EURCNH, EURTRY, USDTRY, and many more. Indices: FBS offers trading in various indices such as JP225, US100, US30, US500, AU200, EU50, FR40, HK50, UK100, DE30, ES35, and others. Energies: Trading in energy commodities like XTIUSD, XBRUSD, XNGUSD is also available. Cryptocurrencies: FBS also offers trading in popular cryptocurrencies like BTCUSD, ETHUSD, LTCUSD, XRPUSD, BCHUSD. Stocks: FBS offers a vast range of stocks for trading. This includes stocks from various sectors and geographies. It’s important to note that the availability of these trading instruments may vary according to the account type. FBS is known for its diverse range of markets, reputable MetaTrader platforms, and attractive trading promotions. It’s a great choice for traders of all experience levels and budgets.

Which Trading Servers are offered by FBS?

FBS, a renowned online Forex & CFD broker, offers four different server names for trading accounts. These servers cater to various types of accounts, providing a robust and flexible trading environment. FBS-Real-Micro-Cent: This server is specifically designed for Micro and Cent accounts. These account types are ideal for beginners or those who wish to practice their trading strategies with minimal risk. FBS-Demo: As the name suggests, this server is dedicated to FBS demo accounts. Demo accounts are a great tool for traders to familiarize themselves with the trading platform and test their trading strategies without risking real money. FBS-Real-2 & FBS-Real: These servers are for accounts other than Micro, Cent, and Demo. They are designed to handle the demands of experienced traders who require more advanced trading conditions. In addition to the server names, FBS also provides server IP addresses as login credentials. Traders can directly connect to FBS’s trading servers using these IP addresses. For real accounts, the IP address is 88.85.67.6:443, and for demo accounts, it’s 88.85.67.7:443. These diverse server offerings ensure that FBS can cater to a wide range of traders, from novices testing the waters to seasoned professionals seeking advanced trading conditions. This flexibility is part of what makes FBS a popular choice in the Forex & CFD trading community. Please note that the information is current as of the time of writing and may be subject to change. For the most accurate and up-to-date information, it’s always best to visit the official FBS website or contact their support team directly.

Can I trade Crypto with FBS? Which crypto currencies are supported by FBS?

Yes, you can trade cryptocurrencies with FBS, a leading international trading broker with more than 13 years of experience. FBS has recently offered the most innovative and fascinating asset class in the world today: cryptocurrency. FBS is regulated by the International Financial Services Commission (IFSC/000102/198), which makes it trustworthy and reliable. FBS offers two different platforms: MT5 and FBS Traders. MT5 is recommended for professionals as it offers a more convenient user experience. FBS Traders is highly recommended for beginners since it offers a user-friendly interface with a wide variety of crypto instruments. The trading conditions for an FBS crypto account are as follows. : Initial deposit: $1 Spread: Floating spreads from 1 pip Commission: 0.05% for opening and 0.05% for closing positions Leverage: Up to 1:5 Maximum open positions and pending orders: 200 Order volume: from 0.01 to 500 lots (with 0,01 step) Market Execution: from 0.3 sec, STP . The crypto account has a very low spread in the market, indicating low volatility and high liquidity. Leverage on a Bitcoin account is available up to 1:5. The minimum initial deposit is $1. You can trade more than 100 cryptocurrencies around-the-clock at FBS. Cryptocurrencies are often exchanged for one another while trading cryptocurrency pairs. There is a “base currency” and a “quote currency,” much like with Forex. FBS offers a wide range of crypto pair types. For instance, it is possible to exchange cryptocurrency for fiat money such as USD, EUR, AUD, or even precious metals like gold and silver. The cryptocurrencies offered at FBS are Bitcoin, Dash, Litecoin, and Ethereum. In conclusion, FBS provides a comprehensive platform for trading cryptocurrencies, with a wide range of supported currencies and favorable trading conditions. Whether you’re a beginner or an experienced trader, FBS’s crypto trading account could be a good fit for your needs.

What is the Leverage on my FBS Trading Account?

Leverage is a crucial concept in forex trading, and your FBS Trading Account offers this feature. When you trade on margin, you use leverage, which allows you to open positions with more significant amounts than you have on your account. For instance, if you trade 1 standard lot ($100,000) while having only $1,000, you use a leverage of 1:100. This means that leverage increases the volatility of your portfolio. In simpler terms, using leverage, you can earn more with the same amount of money. However, the risk of losses is also higher. Let’s consider an example. With a leverage of 1:100, you can open a $10,000 trade having only $100 on your account. If the trade moves by 1% in your direction, you will receive a profit of $100. Conversely, a 1% move in the opposite direction will result in a loss of $100. It’s important to note that changing your leverage can have significant implications. If you change your leverage to a smaller one, there is a risk of losing your funds since a higher margin will be required to enter a trade. If you change your leverage to a bigger one, some of your opened positions might be closed, as trades with a higher leverage more significantly affect your profits or losses. The maximum available leverage on your FBS Trading Account is 1:3000. However, specific leverage rules correlate with the equity amount. The company is entitled to apply leverage changes to the positions opened earlier, as well as to the reopened positions, according to these limitations. Equity 0 - 199: Leverage 1:3,000. Equity 200 - 1,999: Leverage 1:2,000. Equity 2,000 - 4,999: Leverage 1:1,000. Equity 5,000 - 29,999: Leverage 1:500. Equity 30,000 - 149,999: Leverage 1:200. Equity 150,000 or more: Leverage 1:100. In your Personal Area, you can see your Equity as “Available” funds. You can check this line in the account settings to find out the current Equity or Available funds on your trading account and adjust your leverage limits accordingly. Remember, leverage can only be changed for Forex and Forex Exotic. For all other instruments, the leverage is fixed. Please note that trading with bigger leverage bears higher risks. A high leverage might eat your margin faster than a medium or low one.

What kind of Spreads are offered by FBS?

FBS, a renowned player in the forex market, offers a variety of spreads to cater to the diverse needs of traders. The spreads offered by FBS are designed to provide traders with the best possible trading conditions and opportunities. Types of Spreads: Fixed Spreads: These are spreads that remain constant regardless of market conditions. They are ideal for traders who prefer stability and want to know their trading costs upfront. Floating Spreads: These are spreads that fluctuate based on market conditions. They can widen during major economic news releases or bank holidays when liquidity in the market decreases. Floating spreads can provide traders with better trading conditions during normal market times. . Spread Range: The spread range at FBS varies from as low as 0.05 pips to as high as 3 pips. This range is quite competitive in the forex market, providing traders with the opportunity to trade cost-effectively. Trading Costs: Trading with FBS involves fees from $6 USD. However, FBS also offers commission-free trading depending on the account type selected by the trader. This allows traders to choose an account type that best suits their trading style and cost preferences. In conclusion, FBS offers a variety of spreads designed to cater to the diverse needs of forex traders. Whether you prefer the stability of fixed spreads or the potential advantages of floating spreads, FBS has options to suit your trading needs.

Does FBS offer MAM Accounts or PAMM Accounts?

In the realm of forex trading, there are several types of accounts that traders and investors can use to manage their investments. Two of these are MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts. However, it’s important to note that not all forex brokers offer these types of accounts. According to the information available, FBS, a well-known forex broker, does not offer MAM or PAMM accounts. This means that traders and investors using FBS will not be able to take advantage of the features and benefits that these types of accounts typically offer. However, it’s worth noting that FBS does offer a partnership program. This program allows individuals to refer clients to FBS and earn a commission from their trading activity. While this is not the same as a MAM or PAMM account, it does provide an opportunity for individuals to earn income from the trading activity of others. For those unfamiliar with MAM and PAMM accounts, here’s a brief overview:. MAM Accounts: These accounts are designed for fund managers and allow them to manage multiple trading accounts from a single interface. This type of account can raise the level of complexity and potential of short-term returns, offering advantages to both the investor and the manager of the account. PAMM Accounts: These accounts allow investors to mimic the financial operations of professional forex traders and potentially earn an income without actively participating in the trading process. The profits or losses are divided among the users, according to their investments. . Despite FBS not offering MAM or PAMM accounts, there are other brokers that do. Therefore, if a trader or investor is specifically interested in these types of accounts, they may need to consider using a different forex broker. In conclusion, while FBS offers a range of services and features to its users, MAM and PAMM accounts are not currently among them. However, their partnership program does provide an alternative way for individuals to earn income from the trading activity of others.

Does FBS allow Expert Advisors?

FBS, a well-known international broker in the financial market, does indeed allow the use of Expert Advisors (EAs) for automated trading. This is a significant feature for traders who prefer to trade manually and use expert advisors. FBS’s Trading Conditions. FBS offers favourable trading conditions that accommodate almost all trading strategies without any restrictions. This includes the use of automated trading with the help of EAs, scalping (pipsing), and hedging. These flexible conditions make FBS suitable for both beginners and experienced traders working on PCs and smartphones. Restrictions and Responsibilities. However, it’s important to note that while FBS allows the use of EAs, it does not provide any Expert Advisors. This means that the results of trading with any Expert Advisor are the responsibility of the trader. Additionally, according to the Customer Agreement, FBS does not allow the usage of arbitrage strategies on connected markets (e.g., currency futures and spot currencies). In case a client uses arbitrage in either a clear or hidden way, FBS reserves the right to cancel such orders. Conclusion. In conclusion, FBS provides a platform that supports the use of Expert Advisors, offering traders the flexibility to employ a variety of trading strategies. However, traders should be aware of the restrictions in place and understand that they bear the responsibility for the results of their trades.

Does FBS offer Copytrading?

Yes, FBS does offer Copytrading. The FBS CopyTrade is a social trading platform that allows investors to follow the strategies of selected professional traders, automatically copy the top traders in the FBS community, and profit from their operations in the markets. The platform is designed to be user-friendly and is suitable for both experienced traders and beginners. It provides a Risk-Free option for newcomers without any experience with investment apps to practice investing. This feature sets FBS CopyTrade apart from other investment apps as it not only helps people earn more on online trading but also allows newbies to develop trading and investment skills. Investors can start investing from just $1. They can copy trading experts in just one click and profit with their success. For traders, they can share their account, trade as they would, and earn a commission. Traders can also set their own commission and earn even more. FBS CopyTrade provides detailed real-time statistics for each trader’s market activity. Investors can check the real-time statistics of their earnings and the profit of traders they want to copy anytime. They can control all their investments’ profitability – start or stop investing at any time. The platform supports over 100 payment systems to deposit and withdraw such as Neteller, Skrill, CardPay. It also provides 24/7 support in 16 languages. FBS is a licensed international online broker and the Official Principal Partner of Leicester City Football Club. It has been providing secure and innovative financial services for more than 12 years.