FBS REVIEW
FBS is a Forex Broker based in Cyprus offering MT4/MT5 and a wide variety of trading options. The broker is ideal for East European and Asian Traders.
FBS REVIEW SUMMARY
- Broker Type: ECN/STP Model (GMT+2 server time)
- US Traders: NO
- FBS Regulation: CySEC (Cyprus)
- FBS Platforms: MetaTrader-4, MetaTrader-5, and MT4 MultiTerminal for Money Managers
- Mobile Trading: iPhone, Android, and Windows Mobile
- Automated Trading & Scalping: Yes
- FBS Assets: 54 Forex Pairs, Precious Metals, Energies
- FBS Minimum Account: $5
- Fund Methods: Cards, Wire, Skrill, Neteller, Western Union, MoneyGram, FasaPay, EgoPay, OKPAY, QIWI, UnionPay, WebMoney, Yandex
- FBS Welcome Bonus: N/A (at the moment)
FBS RATING SCORE
This is the Rating Score of FBS:
| FBS.COM RATING (USING FORMULA) | (100%=max) |
| (1) Safety of Funds when Trading at FBS | 27.00 % |
| (2) Cost of Trading | 62.50 % |
| (3) Trading-Options Available at FBS | 88.40 % |
| (4) Trading Technology | 100.00 % |
| FBS Total Rating | 65.80 % |
The full FBS.com Rating Calculations: » FBS Full Rating Score
FBS FULL REVIEW
Introduction to FBS
FBS is an ECN/STP Model Forex broker established in Russia. The broker maintains offices in many Asian countries.
□ FBS Headquarters: FBS headquarters are in Limassol, Cyprus
□ FBS Regulation: Regulated by CySEC
□ FBS Foundation: 2009
□ FBS Account Segregation: YES {FBS provides segregated accounts for those holding over 80,000 USD}
FBS ASSET INDEX & SPREADS
You may trade Forex, Equities, and Commodities
- 54+ Forex currency pairs – Forex majors, Forex crosses, and exotics
- FBS offers 5-digit pip pricing
- Trading Precious Metals (Gold, Silver, Platinum, and Palladium)
- Trading Energies (Brent and WTI Oil)
FBS TRADING PLATFORMS & TECHNOLOGY
FBS offers the MetaTrader platform in many versions (for Windows and Mac).
□ FBS Desktop Trading: MetaTrader-4, MetaTrader-5, and MT4 MultiTerminal
□ FBS Mobile Trading: iPhone, Android, and Windows Mobile apps
□ Automated Trading: YES
□ Hedging/Scalping: YES
□ PAMM/MAM Accounts: Money Managers (MT4 Multi-Terminal)
Here is some more information about FBS trading platforms:
- 41 Trading Tools and 50 Technical analysis indicators and charting tools
- Trades Forex Pairs, CFDs, and Futures
- Functional EAs (Expert Advisors)
- 1-click trading
- Embedded News
- VPS support (Free for deposits over $450)
FBS TRADING ACCOUNTS
Six (6) account types are offered by FBS.com:
- You may trade either with micro or standard lots
|
|
CENT
|
MICRO
|
STANDARD
|
ZERO SPREAD
|
UNLIMITED
|
ECN
|
|---|---|---|---|---|---|---|
|
Minimum Deposit
|
$5 | $5 | $100 | $500 | $500 | 1,000$ |
|
Trade Spread
|
From 1 pip | From 3 pips | From 1 pip | Fixed 0 pip | From 0,7 pip | From 0.1 pip |
|
Trade Commissions
|
NO | NO | NO | from $20 | NO | 6$ |
|
Leverage
|
1:1000 | 1:3,000 | 1:3,000 | 1:3,000 | 1:500 | 1:500 |
|
Order volume
|
0,01 to 1000 cent lots | 0,01 to 500 lots | 0,01 to 500 lots | 0,01 to 500 lots | 0,1 to 500 lots | 0,1 to 500 lots |
|
Market Execution
|
from 0,3 sec, STP | from 0,3 sec, STP | from 0,3 sec, STP | from 0,3 sec, STP | Momentary, STP | ECN |
| » FBS New Accounts (Demo/Real) | ||||||
□ FBS Minimum Account: $5
□ All FBS Fund Methods: Cards, Bank Wire, Skrill, Neteller, Western Union, MoneyGram, FasaPay, EgoPay, OKPAY, Perfect Money, QIWI, UnionPay, WebMoney, and Yandex
□ FBS Withdrawal Commissions: NO (Deposits/withdrawals are fast and easy )
The maximum time for FBS to process any withdrawal request is 2 business days (bank wire transfers may take up to 7 days)
□ Multilingual Personal Account Manager: Yes (24/5)
□ Customer Support Methods: Live Chat, Phone, Email, and Forum
□ Customer Support / Web-Site Languages:
- English, Arabic, Bengali, Chinese, Hindi, Indonesian, Japanese, Malay, Urdu, Vietnamese
FBS CURRENT PROMOTIONS / FREE EDUCATION
□ Free Education via Video Tutorials, Live Webinars, and Seminars
FBS REVIEW -MAIN PROS & CONS
|
FBS.COM REVIEW PROS √ |
FBS.COM REVIEW CONS X |
|
(√) Great Variety of Platforms and Trading Options (√) Automated Trading & Scalping are allowed (√) MetaTrader-4 / MetaTrader-5
(√) Low Minimum Deposit Requirements / Many Fund Methods (√) Multilingual customer support covering tens of Asian Languages (√) Free VPS Hosting (For deposits over $450) |
(x) Narrow Selection of CFD assets, no Indices |
FBS REVIEW –FINAL THOUGHTS
FBS is a Cyrpus-based ECN/STP Forex broker founded in 2009 and regulated by Cyprus. The broker offers segregated bank accounts for deposits over 80,000 USD.
There are many different account types including:
- Cent (minimum deposit $1, but expensive spreads)
- Micro (minimum deposit $5)
- Standard (minimum deposit $100)
- Zero Spread (minimum deposit $500)
- Unlimited (minimum deposit is $500)
- ECN Account (minimum deposit is $1,000)
The maximum trading leverage is up to 3,000:1. The trading assets include 54 Forex pairs, Gold, Platinum, Palladium and Silver, Brent, and WTI oil.
The minimum deposit is just $1 and you can fund your account via Credit/Debit Card, Wire, and almost all essential Electronic Wallets (Skrill, Webmoney, Neteller, etc.). FBS clients can withdraw money using the method of deposit.
FBS is a good choice for all Asian Traders as it supports many popular Asian payment methods and a great variety of Asian languages as customer support (Arabic, Bengali, Chinese, Hindi, Indonesian, Japanese, Malay, Urdu, and Vietnamese)
◙ FBS.com Review
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