The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go. You can trade on a decent range of UK, US and German shares with a competitive 0.7% commission on US stocks. The free economic calendar can also be used to track major events and inform strategies, whilst the daily market analysis offers a dedicated Stocks section. One of the standout features of the FBS Forex Trading Platform is its advanced charting capabilities.
- In fact here you can get as much as $100 in real trading cash with no deposit.
- Its chief mission is to oversee investment services and maintain a watchful eye on transactions related to transferable securities within Cyprus.
- Accounts can be opened in a limited selection of currencies, currently only EUR, USD.
- There are numerous available trading assets at FBS, including Forex, Metals, Energies, Stocks, Indices, as well as Cryptocurrencies.
- Venturing into the vast realm of FBS, you’ll quickly discern why it stands out as a prominent figure in the global financial landscape.
- Through dedicated hard work, we have been honored with 75 awards in the financial sector.
FBS is a globally recognized online forex and CFD broker that was established in 2009. The company is headquartered in Cyprus and has offices in various countries, including Thailand, Malaysia, Indonesia, Egypt, and China. FBS is regulated by the International Financial Services Commission (FSC) of Belize, which requires the broker to follow strict regulatory guidelines to ensure the safety and security of its clients’ funds. Trading with FBS involves fees from $6 USD, spreads from 0.05 pips to 3 pips, and commission-free trading depending on the account traders select. FBS offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. The minimum deposit amount required to register an FBS live trading account ranges from $5 USD up to $200 USD.
Our reviewers do not have access to our advertising data or campaign planning. However, keep in mind that traders from certain regions won’t be able to receive these bonuses due to the local regulations in their jurisdiction. In this part of our broker FBS review, we will be discussing the FBS mobile trader app. For professional traders who want the best experience, the ECN (Electronic communication Network) account is the choice. The ECN account allows direct transactions between buyers and sellers, meaning no middlemen are involved. To execute trades, it’s recommended that beginners use the FBS trader application.
Deposits & Withdrawals
The platform’s intuitive design is a boon for traders, both novice and experienced, seeking seamless navigation. It also provides the option of trading without spreads (fixed spread of 0 pip). The FBS Standard account is ideal for traders who are interested in a traditional trading experience.
And for those of you who are keen to use the upgrade to this popular software, FBS now offer MetaTrader 5. FBS is a regulated brokerage offering online trading on a limited amount of Forex and CFDs via the MetaTrader platforms. They also provide a range of trading tools, market analysis and educational materials. Good but not perfect I have been trading for just a few months, and fbs.com is generally satisfied. Low spreads, fairly fast withdrawals, one of the highest leverage, and a lot of means of payment.
FAQs about FBS
With a thriving community of over 17 million clients, it’s clear why many view FBS as a bastion of reliability and security in the brokerage world. And these are on top of the bonuses and promotions already being offered by FBS. There is a 100% deposit bonus, a $123 bonus, cashback, FBS lucky T-shirt, and the gift of an iPhone 5s Plus. It is important to ask about regulation when it comes to brokers, so is FBS regulated? FBS regulation has been well licensed as the broker has been around for over 12 years. Are you willing to venture out of the forex market and try out cryptocurrencies?
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They are available 24/7 through email at or via the live chat feature on our website and official app.Thank you again for your positive feedback and for choosing FBS as your trading partner. In conclusion, FBS Forex Broker offers a competitive trading environment with a variety of account types, trading instruments, and user-friendly platforms. The broker’s commitment to customer support and education is commendable, making it an attractive choice for both beginner and experienced traders.
FBS does a great job in supporting scalping and is a very popular choice in this regard. This comes thanks to a very fast execution speed https://forex-review.net/fbs-review/ with orders executed within 0.01 seconds. As a testament to its industry prowess, FBS proudly holds over 60 international accolades.
The Cent account is a trading account on which the balance is displayed in cents, and transactions are carried out in cents as well. For example, if you deposit $10, you will have 1000 cents in your account. Once the beginner is more familiar with the platform, they can start investing real money by getting a Cent account or a Micro account.
Customer Reviews
Tradestone LTD is an investment firm registered in Cyprus (Company Registration Number ) and is regulated by the Cyprus Securities and Exchange Commission (CySEC License Number 331/17). Cyprus is part of the European Union and offers a great mix of regulation and freedom to operate as a global financial firm. Prior to acquiring the CySEC license, the firm was offering its services from its Belize registered subsidiary and was well known for its aggressive market expansion. Since the acquisition of the license, traders can rest assured that their funds are safe and that the regulator ensures that FBS will comply with the directives of the legislative and regulatory framework. The broker boasts competitive spreads, starting from 0.2 pips, presenting a significant advantage for traders mindful of cost.
Crypto Account
When it comes to account types, FBS offers a range of options to cater to different trader preferences and experience levels. The most basic account is the Cent account, which allows traders to start with as little as $1 and trade https://forex-review.net/ in micro-lots. This account type is ideal for beginners who want to test the waters without risking significant capital. FBS also offers standard and ECN accounts with varying minimum deposit requirements and trading conditions.
What are FBS Fees?
FBS offer a good selection of forex pairs which include the major and the minor currency crosses. If you’re looking for a bigger offering of assets, you might want to check out IG. However, if you just want to trade forex then FBS should have a good enough selection. The Forex Guidebook is the ultimate introduction to the world of forex trading.
You can reach out to us via live chat on our official website or by emailing us at you for choosing FBS, and we look forward to continuing to provide you with a top-notch trading experience.Best regards,FBS Team. FBS is a regulated Forex broker in Cyprus and enjoys the regulatory body of the EU. Clients can trade with confidence knowing their funds are protected and FBS complies with all regulatory requirements.
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