FBS Review Summary | |
Founded | 1995-01-23 |
Registered Country/Region | Belize |
Regulation | Regulated |
Market Instruments | Forex(Currency pairs), Energies, Indices, Metals, Shares, and Stocks |
Demo Account | ✅ |
Leverage | Up to 1:3000 |
Spread | From 0.7 pips |
Trading Platform | FBS, MT4 & MT5 |
Min Deposit | $1 |
Customer Support | Phone:+357 22 010970/+501 611 |
Email: support@fbs.com | |
Online Chat | |
Social Media: Facebook, Instagram, YouTube & Telegram |
FBS Information
FBS is a regulated broker that provides various tradable instruments, including forex(currency pairs), energies, indices, metals, shares, and stocks, and also offers different account types, including cent, mini, standard, zero spread, and ECN. In addition, FBS sets a spread from 0(except ECN: -1 pips), a minimum deposit of $1, and a maximum leverage of 1:3000.
Pros and Cons
Pros | Cons |
Regulated | Official website inaccessible |
Demo/Islamic account available | Missing withdrawal information and processing time |
Leverage up to 1:3000 | |
Various trading assets: forex(currency pairs), energies, indices, etc. | |
MT4/MT5 available |
Is FBS Legit?
FBS is regulated. These agencies and corresponding license numbers are ASIC: 462359, CSEC: 331/17, and FSC: 000102/460. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.
What Can I Trade on FBS?
Traders can invest in 550+ trading instruments, involving forex(currency pairs), energies, indices, metals, shares, and stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Precious Metals | ✔ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Account Type
FBS has five types of accounts: cent, mini, standard, zero spread, and ECN. Mini, Standard, and Zero Spread accounts offer a maximum leverage of 1:3000. Traders who want to make a minimum deposit can choose to open a cent account that is $1. If traders want low spreads and low leverage, they can choose to open an ECN account.
Account Type | Cent | Mini | Standard | Zero Spread | ECN |
Minimum deposit | $1 | $5 | $100 | $500 | $1000 |
Maximum leverage | 1:1000 | 1:3000 | 1:3000 | 1:3000 | 1:500 |
Spread Type | Float | Fixed | Float | Fixed | Float |
Minimum Spreads | 1.0 pips | 3.0 pips | 0.5pips | 0.0 pips | -1 pips |
FBS Fees
The spread is from 0(except ECN: -1 pips), and the commission is from 0%.
Leverage
The maximum leverage is 1:3000, which means that profits and losses are magnified 3000 times. The leverage is too high to be highly risky.
Trading Platform
FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app. Traders can download the APK, as well as get on the APP store and Google Play.
Trading Platform | Supported |
FBS app | ✔ |
MT4 | ✔ |
MT5 | ✔ |
Deposit and Withdrawal
The minimum deposit is $1. FBS offers methods for deposits and withdrawals, including VISA and Mastercard.
Customer Support Options
FBS provides 24/7 customer support, and traders can communicate via phone, email, online chat, and social media, including Facebook, Instagram, YouTube, and Telegram.
Contact Options | Details |
Phone | +357 22 010970+501 611 |
support@fbs.com | |
Online Chat | ✔ |
Social Media | Facebook, Instagram, YouTube & Telegram |
Supported Language | English |
Website Language | English |
Physical Address | Not mentioned |