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FBS group includes 3 related companies.
FBS AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
FBS CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
FBS BZ - located in Belize, regulated by the Financial Services Commission of Belize (FSC).
Be aware, CY company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Unfortunately, AU company also has been imposed with trading leverage limitations by ASIC since the end of March 2021.
FBS group accepts clients from all over the world, excluding USA, UK, Israel, Iran, Myanmar.
Forex broker offers the following underlying assets for trading.
| 70+ Currency Pairs | Based on major and minor world currencies. |
| 5 Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple. |
| 11 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 8 Metal CFDs | Based on Gold, Silver, Platinum and Palladium. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 450+ Stock CFDs | Based on shares of US, UK and EU companies. |
Founded in 2009, FBS is an international forex and CFD brokerage company registered in Cyprus, Belize and Australia, and fully regulated by government agencies in all three countries. As such, the Cyprus-based branch of FBS follows all regulations from the European Securities and Markets Authority (ESMA), which means that leverage for EU-based clients is limited to 1:30. Similarly, the Australian branch must follow regulations from the Australian Securities and Investments Commission (ASIC), which has implemented the same leverage limitation.
For international clients assigned to the Belize-regulated branch, however, no such limitations exist, and leverage can go as high as 1:3,000 in some cases.
Since its founding, FBS has received a large number of awards, particularly for its activities in Asia. Among these are the Best Forex Broker Southeast Asia, Best Customer Service Broker Asia 2016, and Best Forex Trading Account 2018. And while these types of awards do not necessarily reflect a brand's quality accurately, they do show that the broker has a certain track record in the industry spanning several years.
When it comes to trading platforms, FBS offers both the classic MetaTrader 4 (MT4) platform and its successor MetaTrader 5 (MT5). These are both extremely popular trading platforms in the forex trading community, and they include some of the largest selections of custom trading strategies and indicators in the entire industry. As usual, MT4 and 5 are available for both Mac and Windows PCs, as a web version, and as mobile apps for use on Apple and Android phones.
In addition to these two main trading platforms, FBS has also developed its own mobile trading app, available in Google's Play store and in the Apple App Store. The app allows traders to trade on the go, with lightning-fast order execution (from 0.01 seconds).
FBS further offers trading in a large selection of more than 70 forex pairs, as well as CFDs based on a selection of cryptocurrencies, precious metals, stock indices, nearly 500 single stocks listed in the US and Europe, and energy commodities.
In terms of account types, FBS has made things simple for its clients with only one standard trading account. This is a traditional STP-style account that offers floating spreads from 0.7 pips, no commissions on trades, and leverage in line with local regulations. The account is available for all clients with a minimum deposit of just $5. For Muslim traders, the account can also be set up as a swap-free account with no overnight interest charges.
Like many other brokers, FBS also offers a free demo account for traders who want to practice their skills before risking real money.
Deposits and withdrawals on FBS can be made via various methods depending on the currency the client wishes to pay in. With the exception of Perfect Money, deposits from all funding methods are accepted free of charge by the broker. Withdrawals are also for the most part processed free of charge, with a few exceptions. Most withdrawal requests are handled within 15-20 minutes, although they can in some cases take up to 7 business days, according to the broker.
Lastly, FBS offers customer service via either live chat, phone, or a callback function found on the website. In addition, messaging apps like Facebook Messenger, Telegram, Line and WhatsApp can also be used to contact the broker for those who prefer that.
The broker's website is available in English, Spanish, Portuguese, Indonesian Bahasa, Malay Bahasa and Thai.
Compared to other brokers, this is one of the most affordable, they are beginner friendly in terms of cost and ensure to provide quality services. The minimum deposit is one of the lowest I have come across, which is just $5 and they provide just one account type, so it's a good deal.
This broker has been very reliable since onset, and has kept to every promise offered.
Withdrawals through crypto blockchain is easy and very fast. It can be complicated for beginners but I recommend it anyways.
The payout methods are one of the main reasons for using this broker, you'll never get stuck because there are various methods and they also have speed!
It seems that guys from support service of this broker are real professionals...
They helped me solve my problem and did it very quickly. I am grateful to them for their help.
It is important to choose the right broker that aligns with your needs and fortunately I came across FBS broker and the quantity of services that they offer is really huge. The trading platform has a lot of advanced tools and everything works without heavy failures. Well done, FBS!
I love how improved their trading platform is comparred to before, kudos to this broker!
Apparently, this broker is one of the top ones, even though it has no account types to choose from. It's really unusual, but it's okay I guess.
The broker is reliable and I haven't had any problems since I started working with this company.
The most reliable broker among other competitors since they launched in 2009. I have been trading for over 2 years with them and I haven't had any problems with trading. I recommend it to everyone!
A solid broker to trade with. Having access to trade forex exotic is nice addition to other fx pairs. Sometimes when I do my market analysis I find appealing opportunities with positively skewed reward-to-risk ratios exactly in exotic pairs. So, thanks to FBS I can catch chances in them. I also trade occasionally stocks, however, swaps on them here are a bit high.
What I like about FBS and why I continue trading on this platform is its cost-effectiveness due to tight spreads and no trading fees. However, there are areas where they could improve.
As I trade primarily forex currency pairs, my journey with FBS is amazing thanks to their tight spreads on FX. Just several days ago I exited from a good trade on AUD/USD. Also, there are FX exotic.
They say trading is a men's game but I am crushing it. And I owe my success much to the FBS' educational resources combined with their excellent market analytics!
FBS is amazing. It has great tools and offers quality service to clients. I am one of those clients.
Loving FBS trading and it's amazing! I can navigate my tools easily. Highly recommend it!
The cost of trading on this platform is one of the main advantages of FBS. Their spreads are like having an ECN account type, but without paying those annoying hefty trading fees! Great job FBS!
Nothing suspicious with this platform. All the features and amenities exemplify an intricate tapestry of trading tools which are designed to cater to the multiple-layrered needs of traders.
At least we can be sure that this broker is reliable. Valid licenses are the best proof.
My preferred broker among the many competing for my attention.
Earlier this year the broker did make a few changes to their platform. So some things might differ.
It's a pity that the EU clients can’t enjoy the leverage on full scale. At least they've got the same execution type which really makes the difference.
Quite a detailed description. I especially liked the fact that they paid attention to regulation.
The thing that always blows my mind is the leverage. I am always like...what?!!! But there are those traders who can take advantage of such a leverage. Not too many of them are out there though. FBS is a broker that is attractive to a wide range of traders, just like its leverage. Whatever trading style a trader uses, I strongly believe that FBS can suit it.
Easy and fast account opening process, which only takes a few minutes. I really like how it is made from the perspective of user friendliness and stuff like that.
My main choice from a wide range of trading brokers!
When selecting a broker, I prioritize their ability to perform withdrawals quickly and cheaply. FBS stands out for me due to the promptness of their withdrawal process.
Definitely one of the best brokers I've ever seen in the whole industry for more than 10 years since I started trading. Everything works simply perfect. The broker is doing what every broker should do. They are just a tremendous example of efficiency and great service.
This broker is more fit for seasoned traders as the assets selection and the account types provide market pros the necessary choices they need. Beginners may have a hard time to figure out all the peculiarities of the broker and won't evaluate them properly.
I first learned about the broker about five years ago, when I wasn't a trader. I knew about trading but I didn't take it seriously. Now I already trade with it and I can characterize it positively.
