English, Spanish, Portuguese, Russian, Chinese, Bangla, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Urdu, Malay, Hindi and More
Free Demo Account
USD, EUR, THB
Minimal Order Volume
Yes, for all accounts
Interest on margin
Deposit/ Withdraw Options
Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller, Skrill and More
MetaTrader4, MetaTrader5, MultiTerminal, Mobile Trading and FBS has special app FBS CopyTrade
Type of Spread
Fixed and even Negative
Lowest spread on EURUSD
"FBS is running Level Up promo now. In this promo you can open Level Up Bonus account (https://fbs.com/promo/levelupbonus) and get $70 free in FBS Personal Area and $140 free in the FBS Personal Area app.
FBS Broker Review and Analysis in 2021/2022
FBS Broker Overview
FBS is one of the most popular Forex brokers worldwide, which was founded in the year 2009. Currently, they are providing services in over 150 countries. By providing professional services since their start, they gained 16 000 000 registered live traders, 410 000 partners, and an average annual profit nearest $500 000 000 per year. They are providing various trading services, including Stocks, Cryptocurrencies, Commodities, and of course, forex trading included. FBS is regulated all over the world by A category regulatory organizations. Let's try to discover the detailed features of this trading broker.
As a reputable broker in the market, FBS should offer the best trading platform worldwide because millions of traders are trading with them. The broker brings first MT4 and MT5 platforms for their traders. They provided services through these two platforms but recently launched a new trading app for FBS Trader. It is launched for only mobile traders it can't be used from any computer devices.
MT4 and MT5 are the genius production from the MetaQuotes corporation. There are no competitors available in the market nearest them. That's why every broker is offering these platforms for their traders. FBS has said the MT4 and MT5 platforms could be used from P.C., Laptop, Tab, or Mobile because the company has developed different versions.
Internet browsers are available to access the web terminal for P.C. users, and clients also can download the desktop application to use it without browsers. To use from any mobile or tab or iPhone, clients have to download the .apk version of the app from the Google play store. For iPhone, they have to download it from the Apple store.
FBS broker trading accounts
There are five different types of trading accounts for clients that are offering by the broker FBS. FBS designed the following accounts Micro Account, Standard account, Cent account, ECN account, and Zero Spread Account. Here we are going to discuss the details of these accounts.
This is for small investors who are testing trading platforms with FBS. The initial deposit for the account is $1; the Floating spread starts from 1 pip, the maximum leverage is 1:1000, Maximum open positions, and pending orders 200.
The initial deposit for the micro account is $5, and the fixed spread starts from 3 pip. Clients can use maximum leverage is 1:3000, Maximum open positions, and pending orders 200.
The minimum deposit is $100 for the standard account. The maximum leverage is 1:3000 for a trader,
Floating spread starts from 0,5 pip, open positions, pending orders 200, and orders volume of 0,01 to 500 lots.
Zero spread account
Zero spread account is different from all of the other account types because there is no spread to pay, but a $20/lot commission must pay by traders. A client has to deposit $500 while starting with this account. The maximum leverage is 1:3000, Maximum open positions, and pending orders 200.
This type of accounts is using by pro traders where they can trade with unlimited positions and pending orders. ECN account needs $1000 initial deposit, $6 commission has to pay per lot, and floating spread starts from 1 pip.
FBS broker promotions
There is always a 100% deposit bonus available for clients. Sometimes they are offering a forex no deposit bonus program for a couple of days.
Deposit and withdrawal at FBS
It's very to make a deposit and withdraw funds from FBS because they bring all user-friendly funding methods for their partners and traders. Almost all e-wallets are available, including Skrill, Neteller, Fasapay, and WebMoney. FBS also allowed Mastercard, visa, or debit cards for making payments. Clients also can choose the wire transfers if they want.
Customer Supports and Management
FBS customer support is very responsible for their customers. However, millions of traders are trading with them, so it's pretty hard to respond from the company immediately. Still, they respond over phone calls within 3-5 minutes and reply to email within an hour which is appreciable to clients. Overall, they are excellent performing in the customer support department.