In this FBS Review, we will first talk about the origin. FBS is a well-known Forex broker which resides in Belize with branches in many countries such as Indonesia, Malaysia, Egypt, Thailand, China, Korea, and Myanmar. FBS won the Best Customer Service Broker Asia 2016 and Highly Recommended Broker Insurance of the year in Indonesia. Like other larger brokers, FBS supports more than 40 trading symbols: 35 currency pairs, four metals, and 2 CFD. The Forex Broker FBS was founded in 2009, and it is regulated by IFSC and CySEC.
FBS offers many trading accounts such as Cent, Micro, Standard, Zero Spread and ECN. So there are altogether five trading accounts. You can trade in Cent account with a minimum deposit of 1$. The cent account is a perfect opportunity for new less experienced traders to get the necessary experience real accounts with no risk at all. Cent account has a spread of 1:1000, and there is a floating spread.
You can start using a Micro account from a minimum deposit of 5$ and with a leverage of 1:3000. The Micro account has a fixed spread of 3 pips. The standard account has a minimum deposit of 100$, and it has a floating spread which starts from -1 pip. FBS also has an ECN account which you can trade with the real market trading conditions.
Finally, there’s a demo account for the new traders who are starting their trading career. You can begin trading in a demo account by just defining an initial balance. As FBS does not provide the demo account lifetime, we can assume that the demo account does not expire.
Bonuses & Promotions
At the time of writing, many bonuses are offered by FBS. You can click here to see a list of bonuses. FBS has a 100% deposit bonus. So if you deposit an amount to your account, you’ll get a 100% bonus back. There is another bonus which is called 123$. You’ll get 123$ to trade. Once you complete the requirements, you can withdraw the profits.
There were several bonuses available when doing this review. For example, every deposit into any of the accounts traders can get up to a 100% bonus. There was also a $123 deposit bonus. Furthermore, FBS offers a 50$ no deposit bonus for all the new and existing traders. You can withdraw profits from this bonus up to 200$. You can see more info here.
FBS has a lot of educational materials and some calculators. For different level traders, there are many textual guides by FBS which covers many topics. The FAQ also contains better things for the new traders to trade successfully.
When talking about the trading platforms, unfortunately, FBS supports only MetaTrader 4 and MetaTrader 5. However, that’s enough for you to start with them. You can also get the MetaTrader mobile apps for Android and Apple.
Deposits & Withdrawals
With FBS you can fund your account in many ways as below.
Customer support is a crucial feature of a better Forex Broker. FBS support is available 24/7. Traders can chat with FBS, contact FBS representatives via phone. Also, you can email the FBS support team. The company official website is available in many languages such as Arabic, Chinese, English, Indonesian, Malay, Korean, Thai, Vietnamese, Spanish, Portuguese, French, Japanese, Urdu, Lao, Bangla, Turkish, Burmese, German, French, and Italian.
Why we recommend FBS?
More suitable if you an Asian
Offer many account types
They offer leverage up to 3000:1
Deposit and No Deposit Bonuses
Professional Customer Support.
Safe and secure trading
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