The news is by your side.

FBS Review 2022: Is FBS Broker Legit or Scam?

Are you a small-town trader or a professional with big dreams? Do you wish to make it big in the industry of online trading and investment objectives? If yes, then it is now time to gear up for the best online trading experience ever. FBS, an online platform, is designed to enable trading in a wide range of assets. One need not have exorbitant capital at their disposal to start with the best forex pairs, commodities, and other assets, as the brokerage company of FBS offers ideal leverages and margin call. Read the FBS review one click trading and non dealing desk to know more about the best forex broker site of the FBS trading platform today.

FBS Overview

Official Website
Headquarters Cyprus
Founded Year 2009
Product offered Forex, Metals, Indices, Energies, Forex Exotic, Stocks, Crypto
Minimum Initial Deposit Cent Account:- $1
Micro Account:- $5
Standard Account:- $100
Zero Spread Account:- $500
ECN Account:- $1000
Crypto Account:- $1
Maximum Leverage Cent Account:- 1000:1
Micro Account:- 3000:1
Standard Account:- 3000:1
Zero Spread Account:- 3000:1
ECN Account:- 500:1
Crypto Account:- 5:1
Islamic Accounts Yes
Demo Account Yes
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
Trading fees Not for all Accounts Except the Below One:-
Zero Spread Account:- $20/lot
ECN Account:- $6
Crypto Account:- 0.5% for Opening & Closing Positions
Inactivity fee No
Withdrawal fee Depends on Payment Methods
Supported currencies USD, EUR, BTC, LTC, ETH, DASH
Customer Support Yes via Live Chat, Callback, Email, & FAQ Support

What Is FBS?

The online brokerage platform of FBS allows access to international markets for trading in CFDs and forex. Established in 2009, FBS is governed by Tradestone Limited and secured by the Cyprus Securities and Exchange Commission (CySEC), which means that the broker is registered by Cyprus, according to the company’s customer agreement of the company reserves.

The international offices of the FBS are regulated by the IFSC (International Financial Services Commission) of Belize and operated by FBS Markets Inc. Headquartered in Cyprus, a transparent broker firm of FBS is associated with more than 17 million traders from 150 countries across the world.

FBS Platform Interface

The most preferred forex company, an FBS broker, offers access to the MetaTrader platforms to enable trading and investment in foreign exchange, metals, energy commodities, stock trades and shares, cryptocurrencies, and indices. Read on to know more about the forex broker forum of FBS.

Features of FBS

The official trading partner of FBS is FC Barcelona. Apart from being the trading partner of FC Barcelona, the site is also the partner of Leicester City. The features of the trading platform of FBS are described in a nutshell below:-

Trading Platforms

The non-dealing broker system of FBS and the FBS copy trade apps enable the rapid market execution of trading orders. Post registration and login, the website of FBS allows the users to get access to two types of MetaTrader trading platforms (mt4 and mt5) for trading and investment in a wide range of assets.

MetaTrader 4

The MetaTrader 4 broker of FBS is a regulated and highly advanced site. It is easily available for download and installation in the devices of the users. The trader may access the MetaTrader 4 platform for the following reasons:-

  • One-click market execution of trading orders and copy trading
  • The availability of an impressive array of charting tools and technical indicators for tracking trading conditions
  • Easy access to Expert Advisors (EAs) for auto trading capabilities and automated copy trading in markets
  • Quick execution of trading and investment orders on the go through mobile applications of the platform
  • VPS (Virtual Private Server) trading support availability for the FBS clients
  • The international offices of FBS offer access to the MetaTrader 4 Multi Terminal to allow the clients to operate several live trading accounts at the same time.

FBS MetaTrader 4 Platform

MetaTrader 5

The trading platform of MetaTrader 5 has been recently integrated with the website of FBS with an aim to diversify the portfolio of registered investors. In mt4 and mt5, the MetaTrader 5 is an upgraded version of MT4 that offers all the services of the latter, along with additional services, as listed below:-

The trading platforms of FBS offer a chance for netting and hedging

  • Advanced technical indicators and tools for predicting reliable trading conditions despite the risks involved.
  • Availability of greater market leader depth view.
  • Accessibility to a wider variety of order variety and different timeframes for copy trading.
  • Both the MetaTrader platforms can be accessed directly at the website of the FBS without the need for download and installation. The services of the MT4 and MT5 platforms are compatible with every operating system.

FBS MetaTrader 5 Platform

Financial Markets

The users of FBS are provided with seamless access to an extensive variety of markets to allow trading in a broad spectrum of financial assets.

The markets available for trading and investment are listed below:-

  • Forex: 28 standard international currency pairs and 16 exotic currency pairs in the best forex markets.
  • Energy commodities: WTI and Brent crude oil.
  • Precious metals: 4 metals.
  • Indices: Cash-based indices listed at NASDAQ and other global exchanges.
  • Stocks and shares: 40 US, 30 German, 30 UK publicly listed company stocks.
  • Cryptocurrencies: FBS allows the traders to conduct trading costs and investment in digital currencies through the online Personal area and the FBS Trader App. The users can engage with payment provider directly, trading 35 cryptocurrency pairs against other cryptos or fiat currency.

FBS Trader

Trading Fees

The trading platform of FBS offers spreads that vary according to the regional boundary of the user and their trading account type. For the EUR USD pairing, the user is provided with a fixed spread of 3.0 pips for the Micro Account, 0.0 pips for the ECN and Zero FBS Accounts, and 1.1 pips for the Standard and Cent Accounts.

The same spread value becomes 0.7 pips for the Cent and Standard Accounts in the European Union. It seems from the review FBS , that the spreads are pretty competitive with the Zero and ECN Accounts.

The international offices of FBS impose a fixed commission charge of USD 6 per lot at the ECN Account and USD 20 for each lot at the Zero Account. The offices charge USD 25 for CFD trading and USD 3 for trading in stocks and shares. The crypto brokers charge a nominal commission fee of 0.05% for opening and closing positions in digital currencies at crypto markets.

The trading platform of FBS imposes an FBS overnight fee, along with a cancellation fee of USD 5 for each transaction that is made on the basis of the price latency. If a trading account stays inactive for more than 180 days then the platform charges a monthly penalty fee of USD 5 and this is one of the ways…

Read More : FBS Review 2022: Is FBS Broker Legit or Scam?

You might also like
Leave A Reply

Your email address will not be published.