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90. FBS Review (A-Z) | Broker House Review | Forex BD

Min. Deposit: 5US$
Max. Leverage: 1:30 | 1:3000
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: ASIC #426359, FSC #IFSC/60/230/TS/18, CySEC #331/17, FSCA 
Year Founded : 2009
Cryptocurrencies: ✅ Yes (30+)
Deposit Methods: Bank Wire, VISA, MasterCard, Alipay, Bitcoin, Ether/Ethereum, Litecoin, Local Bank Deposits, PerfectMoney, WebMoney, USDT

 

If you are looking for a reliable and trustworthy forex broker, FBS is a name you might have heard. FBS has been providing forex trading services since 2009, and it has grown into a global broker with a presence in over 190 countries. But is FBS the right broker for you? In this FBS broker review, we will take a closer look at the features, pros, and cons of FBS to help you make an informed decision.

Table of Contents

  • Introduction
  • Company Overview
  • Account Types
    • Cent Account
    • Standard Account
    • Zero Spread Account
    • ECN Account
  • Trading Platforms
    • MetaTrader 4 (MT4)
    • MetaTrader 5 (MT5)
    • FBS Trader App
  • Deposits and Withdrawals
  • Customer Support
  • Education and Resources
  • Pros and Cons
  • Conclusion
  • FAQs

Company Overview

FBS is a forex and CFD broker that was founded in 2009. It is regulated by the International Financial Services Commission (IFSC) in Belize and the Cyprus Securities and Exchange Commission (CySEC). FBS offers a range of trading instruments, including currency pairs, metals, and CFDs.

Account Types

FBS offers four different account types, each with its own features and requirements.

Cent Account

The Cent account is designed for beginners who want to start with a small deposit. The minimum deposit is only $1, and the maximum leverage is 1:1000. Spreads start from 1 pip, and there is no commission.

Standard Account

The Standard account is suitable for more experienced traders who want to trade with higher volumes. The minimum deposit is $100, and the maximum leverage is 1:3000. Spreads start from 0.5 pips, and there is no commission.

Zero Spread Account

The Zero Spread account is for traders who want to trade with no spreads. Instead, FBS charges a commission of $20 per lot. The minimum deposit is $500, and the maximum leverage is 1:3000.

ECN Account

The ECN account is for traders who want to trade with institutional-grade liquidity. The minimum deposit is $1,000, and the maximum leverage is 1:500. Spreads start from 0 pips, and FBS charges a commission of $6 per lot.

Trading Platforms

FBS offers three different trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the FBS Trader App.

MetaTrader 4 (MT4)

MT4 is the most popular trading platform among forex traders. It is user-friendly and offers a range of tools and indicators for technical analysis.

MetaTrader 5 (MT5)

MT5 is the successor to MT4 and offers more advanced features, such as more timeframes, depth of market, and more order types.

FBS Trader App

The FBS Trader App is a mobile trading platform that allows you to trade on the go. It is available for both iOS and Android devices and offers a range of features, including real-time quotes, advanced charting, and one-click trading.

Deposits and Withdrawals

FBS offers a range of deposit and withdrawal methods, including credit/debit cards, bank transfers, and e-wallets. Deposits are processed instantly, while withdrawals can take up to 2 hours for e-wallets and up to 5 business days for bank transfers.

Customer Support

FBS offers 24/7 customer support via live chat, email, and phone. The support team is available in over 18 languages, and they are responsive and helpful in resolving any issues or answering any questions.

Education and Resources

FBS provides a range of educational resources to help traders improve their skills and knowledge. The resources include webinars, video tutorials, market analysis, and a forex guide. FBS also offers a demo account for traders who want to practice their trading skills before trading with real money.

Pros and Cons

Here are some of the pros and cons of using FBS as your forex broker:

Pros

  • FBS is a regulated broker, which means that your funds are protected.
  • FBS offers a wide range of account types to cater to different trading styles and experience levels.
  • FBS offers a range of trading platforms, including the popular MT4 and MT5.
  • FBS offers competitive spreads and low commissions on some of its account types.
  • FBS provides 24/7 customer support in over 18 languages.
  • FBS offers a range of educational resources to help traders improve their skills and knowledge.

Cons

  • FBS charges high commission fees on its ECN account.
  • FBS’s customer support can be slow during peak hours.
  • FBS’s trading platforms may not be suitable for advanced traders who need more advanced features.

Conclusion

Overall, FBS is a reliable and trustworthy forex broker that offers a range of account types and trading platforms to cater to different trading styles and experience levels. FBS also provides 24/7 customer support and a range of educational resources to help traders improve their skills and knowledge. However, FBS’s ECN account charges high commission fees, and its trading platforms may not be suitable for advanced traders who need more advanced features.

 

Min. Deposit: 5US$
Max. Leverage: 1:30 | 1:3000
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: ASIC #426359, FSC #IFSC/60/230/TS/18, CySEC #331/17, FSCA #50885
Year Founded : 2009
Cryptocurrencies: ✅ Yes (30+)
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, Bitcoin, Bitcoin Cash, Boleto, Ether/Ethereum, Litecoin, Local Bank Deposits, Mobile Money, PerfectMoney, WebMoney, USDT
Top 10 Forex Brokers List
5/5

Name

Details

Rating

Min. Deposit: 5US$
Max. Leverage: 1:30 | 1:3000
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: ASIC #426359, FSC #IFSC/60/230/TS/18, CySEC #331/17, FSCA #50885
Year Founded : 2009
Cryptocurrencies: ✅ Yes (30+)
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, Bitcoin, Bitcoin Cash, Boleto, Ether/Ethereum, Litecoin, Local Bank Deposits, Mobile Money, PerfectMoney, WebMoney, USDT
Max. Leverage: 1:100 | 1:2000 | Unlimited
Trading Platforms: MT4, MT5, Web Trader

Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
Founded: 2008
Founders: Petr Valov, Igor Lychagov
Year Founded : 2008
Deposit Methods: VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto (MORE)

Min. Deposit: 50 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader
Regulation:  CySEC #278/15,  Labuan FSA #MB/18/0028,  FSA-S #SD 008,  FSCA #FSP 49464,  FCA #717270
Year Founded : 2010
Cryptocurrencies: ✅ Yes
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation:  CySEC #183/12,  FSC Mauritius #C110008214 ,  SVGFSA #22747 IBC 2015,  FSA S #SD015,  FSCA #46632,  DFSA #F004885,  FCA #801701
Year Founded : 2010
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT (MORE)
Min. Deposit: 10US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: CySEC
Year Founded : 2009
Cryptocurrencies: ✅ Yes (30+)
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, Bitcoin, Bitcoin Cash, Boleto, Ether/Ethereum, Litecoin, Local Bank Deposits, M-Pesa, Mobile Money, Monero, PerfectMoney, Ripple, WebMoney
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader
Regulation: ASIC #443670, FSC #000261/309, CySEC #120/10, DFSA #F003484
Year Founded : 2009
Cryptocurrencies: ✅ Yes (50+)
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT
Min. Deposit: 5US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader, (MobileApp)
Regulation: CySEC #372/18, SVGFSA #19776
Year Founded : 2011
Cryptocurrencies: (25+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Bank Deposit, VISA, awepay, Bitcoin, FasaPay, Local Bank Deposits, Local Bank Transfers, Neteller, paytm, Skrill, UnionPay,  USDT
 
 

Leverage: 1:20 | 1:500
Regulation:  CySEC, FCA, DFSA, FSCA, FSA.
Min. Deposit: 50 US$
Min. Withdraw : 50 US$
HQ: Australia, Cyprus, and the UK.
Platforms: MT4, cTrader, web trading
EAs/Robots: ✅ Yes | News Trading: ✅ Yes | Scalping: ✅ Yes
Cryptocurrencies: 20+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, Crypto. USDT

 
 

Leverage: 1:20 | 1:500
Regulation: CySEC, FCA, DFSA, FSCA, FSA.
Min. Deposit: 100 US$
Min. Withdraw : 100 US$
HQ: Cyprus, the UK, Australia, and the United States.
Platforms: MT4, cTrader, web trading
EAs/Robots: ✅ Yes | News Trading: ✅ Yes | Scalping: ✅ Yes
Cryptocurrencies: 20+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, Crypto. USDT

 
 

Leverage: 1:20 | 1:500
Regulation:  CySEC, FCA, DFSA, FSCA, FSA.
Min. Deposit: 50 US$
Min. Withdraw : 50 US$
HQ: Australia, Cyprus, and the UK.
Platforms: MT4, cTrader, web trading
EAs/Robots: ✅ Yes | News Trading: ✅ Yes | Scalping: ✅ Yes
Cryptocurrencies: 20+) Bitcoin, Litecoin, Ethereum
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, Crypto. USDT

Min. Deposit: 50 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader, Web Trader
Regulation:  CySEC #278/15,  Labuan FSA #MB/18/0028,  FSA-S #SD 008,  FSCA #FSP 49464,  FCA #717270
Year Founded : 2010
Cryptocurrencies: ✅ Yes
Deposit Methods: Local Deposit, Bank Wire (BankTransfer), VISA, MasterCard, Neteller, Skrill, WM, PM, Crypto, USDT
Most Visited Forex Brokers
5/5

Forex trading is a popular financial activity that involves buying and selling currencies to profit from the fluctuations in exchange rates. As with any financial activity, it is essential to choose a reputable and regulated broker to ensure the safety of your funds and a fair trading environment. In this article, we will discuss some of the top regulated forex broker houses.

Some Reliable & Popular Online Trading Deposit Payment Methods
5/5

Online forex trading payment methods refer to the various payment options available for forex traders to deposit or withdraw funds from their trading accounts. In the world of forex trading, payment methods play a vital role in facilitating smooth transactions, and it is important to choose a secure and reliable payment method that suits your needs.

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Risk Warning: Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and take into account your investment objectives and level of experience.
Disclaimer : Forexbd.ltd is not encouraging anyone to do forex/stock trading, as there are investments and financial risks involved. ForexBD channel or videos are educational and informative. Before deciding to invest in the forex market, you should carefully consider your investment objectives, level of experience, and risk appetite.

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