FBS

FBS Markets Inc.

fbs_best_forex_broker

Website: FBS
Established: 2009
Headquarters: Belize, C. A.
Regulation: CRFIN (Russia), 009069697 IFSC (Belize), IFSC/60/230/TS/12
Min. Deposit: USD $5
Account Types : Cent, Micro, Standart, Zero Spread, Unlimited
Spread: Starting 0 Pips
Min.Lot size: 0.01
Leverage: up to 1:2000
Scalping: Allowed
Expert advisors (EA Robot) : Allowed
Payments Options: Skrill, Neteller, Wire Transfer, Credit Cards, Webmoney, Perfect Money, RBK Money, Dixipay, Cash U, etc
Trading Platform: MetaTrader4, Metatrader 4 , Mobile platforms Available for Windows/iPhone/iPad/Android.

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FBS forex broker Review

FBS best forex broker review

FBS review

Financial Brokerage Services Inc. (FBS) is an international forex broker that provides financial as well as investment services. In addition to offering a wide range of services, the ECN/STP broker provides a competitive trading environment. The company was established in 2009 in Belize, Central America, and has satellite offices in Malaysia, China and Indonesia. The forex broker operates under the regulatory purview of International Financial Services Commission (IFSC), Belize. In December 2013, FBS joined the non-profit self-regulated partnership Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) Russia. CRFIN develops as well as introduces legislative framework for the regulation of the forex market by making the activities of the brokers more transparent. The aim of this FBS review is to provide you with right information about the forex broker so that you can decide for yourself as to whether you want to work with them or not to achieve your financial goals.

Trading Platforms

FBS provides FBS Trader 4, the MetaTrader 4 (MT 4) based platform, for forex trading, CFDs, futures as well as stock markets. MT 4 is the most popular forex trading platform in the world. To help you trade on the go, the broker also makes available FBS Trader Mobile, the trading platform (app) for mobile devices. However, you need to download FBS Trader 4 on to your PC.

Account Information

Types of Account FBS

Cent

It is the ideal account if you are a beginner trader. It enables you to obtain trading experience on a real account with minimal risks. In fact, the risk exposure will be 100 times less when compared to trading using standard dollar accounts. In addition, you can make use of any strategies or robots for trading without any restrictions.

Minimum Deposit – $1
Minimum Order Volume – 0.01
Leverage – 1: 1000
Spreads – Floating; Starts at 1 pips
Commission – 0
Trading Instruments – Currency Pairs 28, Silver, Gold

Micro

Micro account allows you enjoy the advantages of STP trading and fixed spreads.

Minimum Deposit – $5
Minimum Order Volume – 0.01
Leverage – 1: 2000
Spreads – Fixed; Starts at 3 pips
Commission – 0
Trading Instruments – Currency Pairs 28, Silver, Gold and Futures CFDs

Standard
Standard account is best suited to traders who have already crossed the beginner stage and are testing their trading strategies. Standard account focuses on maximizing profits and reducing risks through reduced floating spreads.

Minimum Deposit – $100
Minimum Order Volume – 0.01
Leverage – 1: 2000
Spreads – Floating; Starts at 1 pips
Commission – 0
Trading Instruments – Currency Pairs 28, Silver, Gold and Futures CFDs

Zero Spread

This all-purpose account enables you to execute your trades with no spread. If you are a beginner trader, you will find this account to be helpful as it enables you to get familiar with market conditions. Professional traders will also find this account to be helpful as they can apply profound technical analysis with maximum efficiency.

Minimum Deposit – $500
Minimum Order Volume – 0.01
Leverage – 1: 2000
Spreads – Fixed; Starts at 0 pips
Commission – From $20 per lot
Trading Instruments – Currency Pairs 28, Silver, Gold and Futures CFDs

Unlimited

This is the ECN account and the most close to the trading conditions of the real market. It provides endless possibilities as well as freedom of action.

Minimum Deposit – $500
Minimum Order Volume – 0.01
Leverage – 1: 500
Spreads – Floating; Starts at 0.2 pips
Commission – 0
Trading Instruments – Currency Pairs 28, Silver, Gold and Futures CFDs

Segregated

In Segregated account, 70% of your funds will be maintained in your personal bank account to ensure more safety for your money. You need to deposit only 30% of the total amount to trade 100% on the basis of the trading conditions applicable for the Unlimited account.

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Demo-account

In addition to all of the above, FBS provides a demo account which allows you to trade under real market conditions using virtual money. All you are required to do is choose a suitable account type and specify your initial account balance. You can learn forex trading, test as well as perfect your trading strategy and verify the operation of your Expert Advisors free of charge.

Expert Advisors, use of any trading strategy and hedging are applicable for all of the account types.

Deposits

You can deposit funds into your trading account either in USD or EUR. The options available for depositing funds include debit/credit cards (MasterCard, VISA), SAFECHARGE, RBK Money, Bank Wire, WebMoney, NETELLER, Skrill, CashU, Perfect Money, OK PAY and EGO Pay, among many others.

Withdrawals

FBS allows you to withdraw funds from your account through almost all of the options made available for depositing funds. However, you need to withdraw at least $50 if you want to withdraw money through bank wire. For all the other options, the minimum withdrawal amount is $1.

FBS MasterCard

For the convenience of making deposits and withdrawing funds, FBS offers the FBS MasterCard. To get the card, all you need to do is open a trading account and then apply for the card. It costs you $20, but if you deposit $500 or more, it is free.

Customer Services

FBS provides customer support in multiple languages. In addition, the forex broker makes the website available in as many as 14 languages. You can access the services of the friendly customer support team of FBS 24/5 either through email (support@fbs.com), live chat, or telephone.

Final Thoughts

The forex broker FBS Inc. offers a number of positive features such as excellent customer support, hassle-free profits withdrawal using FBS MasterCard, good market analysis, high level of leverage, low minimum deposit for starting trading, reliable trading platform, mobile trading support, low spreads, a wide variety of account types and insurance for breakeven trading.

Overall, FBS is a reputable broker. The broker has won several awards and client reviews on the website show that they are happy with the services offered by FBS. The uniqueness of FBS is the low minimum deposit required to start trading and the breakeven trading insurance scheme that they offer.

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