FBS review

FBS

About the broker

FBS is a brokerage company established in 2009 and headquartered in Belize. The company is regulated by the International Financial Services Commission (IFSC) and, for European clients at FBS.eu, by the CYSEC regulator. The broker offers trade execution through ECN and STP models. The spread starts from as low as 2 pips, and the maximum leverage is up to 1:30.

The minimum deposit is only 1 dollar, making FBS accessible to a wide range of smaller traders. Supported deposit and withdrawal methods include bank transfer, Skrill, Neteller, WebMoney, PerfectMoney, OKPay, DIXIPAY, and EGOPAY. The broker allows trading in exotic currencies, CFDs on gold, silver, oil, and major and minor currency pairs.

FBS Trading Platforms

Traders can utilize a wide range of platforms, including MetaTrader 4, MT4 Webtrader, MT4 for mobile, MT4 Multiterminal, and MetaTrader 5. Accounts can be maintained in EUR or USD.

Other features of FBS.com include a cent account, scalping and hedging allowed, support for automated trading systems (AOS), segregated bank accounts, free deposits and withdrawals, virtual private server (VPS), Islamic accounts, online support, and a proprietary client area. They also offer an unlimited demo account for free, which is ideal for practicing and testing trading strategies without the risk of losing real money.

FBS does not offer options for social trading. Social trading is becoming increasingly popular among traders as it allows copying trades of more experienced colleagues. The absence of this feature is limiting for clients who want to take advantage of social trading benefits.

Minimum Deposit and Withdrawals

The minimum deposit for a Cent account is only $10, making it an attractive option for beginner traders. The Standard account requires an initial deposit of only $100, allowing even experienced traders to start with relatively small amounts. For Crypto accounts, the minimum deposit is even just $1. FBS offers a wide range of withdrawal options and does not charge any fees for withdrawals or deposits. However, it is always good to check directly with your payment provider if any fees are charged, especially concerning the country of origin.

Withdrawing money is a simple process. Just log in to the account management and submit a withdrawal request. FBS typically processes withdrawals within 1-2 business days, but additional processing time by your payment provider should be taken into account.

Risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.21%% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information
Regulations Cysec
Number of CFD asset classes 5
Broker type ECN, STP
Customer support Mail Chat
Deposit from 1 EUR/USD
Spreads 2 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs
Platforms MetaTrader 4 (MT4) MetaTrader 5 (MT5)
Instruments CFD Commodities, Share CFDs, Forex, ETF, Indicies
Established 2009
Location Arch. Makariou 111 & Vyronos Р. LORDOS CENTER, BLOCK В, 2nd floor, Office 203 3105, Limassol, Cyprus
Country Cyprus

About the broker

FBS is a brokerage company established in 2009 and headquartered in Belize. The company is regulated by the International Financial Services Commission (IFSC) and, for European clients at FBS.eu, by the CYSEC regulator. The broker offers trade execution through ECN and STP models. The spread starts from as low as 2 pips, and the maximum leverage is up to 1:30.

The minimum deposit is only 1 dollar, making FBS accessible to a wide range of smaller traders. Supported deposit and withdrawal methods include bank transfer, Skrill, Neteller, WebMoney, PerfectMoney, OKPay, DIXIPAY, and EGOPAY. The broker allows trading in exotic currencies, CFDs on gold, silver, oil, and major and minor currency pairs.

FBS Trading Platforms

Traders can utilize a wide range of platforms, including MetaTrader 4, MT4 Webtrader, MT4 for mobile, MT4 Multiterminal, and MetaTrader 5. Accounts can be maintained in EUR or USD.

Other features of FBS.com include a cent account, scalping and hedging allowed, support for automated trading systems (AOS), segregated bank accounts, free deposits and withdrawals, virtual private server (VPS), Islamic accounts, online support, and a proprietary client area. They also offer an unlimited demo account for free, which is ideal for practicing and testing trading strategies without the risk of losing real money.

FBS does not offer options for social trading. Social trading is becoming increasingly popular among traders as it allows copying trades of more experienced colleagues. The absence of this feature is limiting for clients who want to take advantage of social trading benefits.

Minimum Deposit and Withdrawals

The minimum deposit for a Cent account is only $10, making it an attractive option for beginner traders. The Standard account requires an initial deposit of only $100, allowing even experienced traders to start with relatively small amounts. For Crypto accounts, the minimum deposit is even just $1. FBS offers a wide range of withdrawal options and does not charge any fees for withdrawals or deposits. However, it is always good to check directly with your payment provider if any fees are charged, especially concerning the country of origin.

Withdrawing money is a simple process. Just log in to the account management and submit a withdrawal request. FBS typically processes withdrawals within 1-2 business days, but additional processing time by your payment provider should be taken into account.

Risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.21%% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Basic information
Regulations Cysec
Number of CFD asset classes 5
Broker type ECN, STP
Customer support Mail Chat
Deposit from 1 EUR/USD
Spreads 2 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs
Platforms MetaTrader 4 (MT4) MetaTrader 5 (MT5)
Instruments CFD Commodities, Share CFDs, Forex, ETF, Indicies
Established 2009
Location Arch. Makariou 111 & Vyronos Р. LORDOS CENTER, BLOCK В, 2nd floor, Office 203 3105, Limassol, Cyprus
Country Cyprus

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