FBS

FBS Review: Is FBS Broker Good?

Broker overview and general information

FBS is one of the most popular international Forex and CFD brokers, operating in over 150 countries. With over 27 million clients and 700,000 partners, FBS's strengths lie in its competitive trading conditions, wide range of trading instruments, and user-friendly platforms. The company is committed to creating a transparent and user-friendly trading experience, focusing on providing traders with comprehensive education and support.

In 2024, FBS celebrated its 15th anniversary, developing and expanding its services to meet the needs of modern traders. One of the most significant changes was the increase in the leverage for trading precious metals to 1:500 and the launch of the new FBS App, designed to provide users with a more efficient market access. The company also underwent a major rebranding to reflect its modern image and business philosophy that emphasizes transparency and responsibility towards clients. It was also the main sponsor of the Finance Magnates Summit 2024, demonstrating its commitment to contribute to the overall development of the Forex industry. FBS remains one of the most recognized brokers among traders worldwide.

Broker Licensing and Regulation

If you ask whether FBS broker is good or not, you probably have to start by considering the registration and licensing factors first. FBS Markets Inc. is registered by the Financial Services Commission under the Securities Industry Act 2021, license number 000102/6 and is regulated by the IFSC (Belize), license number 000102/460.

In addition, the broker is also licensed by the following international authorities:

• Australian Securities and Investments Commission (ASIC) license number AFSL426359 under Intelligent Financial Markets Pty ltd.

• Cyprus Securities and Exchange Commission (CySEC) No. 331/17 under Tradestone Ltd.

FBS Broker Products and Services

Trading products

FBS offers a wide range of trading instruments to meet the needs of traders of all levels, offering trading in 72 Forex currency pairs, covering major, minor and exotic currency pairs. Traders can also access the commodity market with 8 precious metals such as gold and silver, as well as 3 energy products such as crude oil and natural gas.

For those interested in investing in indices and stocks, FBS offers 11 stock market indices and 474 stocks of leading companies to trade, as well as 5 cryptocurrency pairs to respond to crypto market trends. With a wide range of instruments offered, FBS provides an opportunity to diversify your investment portfolio and create a trading strategy that suits each investor's style.

• 72 Forex Currency Pairs

• 8 precious metals

• 3 energy products

• 11 stock market indices

• 474 shares of leading companies

• 5 Cryptocurrency Pairs

Trading Platform

One of the reasons why FBS broker has so many users and reviews is because it is easy to use, trades through multiple platforms, and facilitates traders to use it anywhere, anytime.

FBS offers a wide range of trading platforms to meet the needs of traders of all levels, including FBS App, MetaTrader 5 (MT5), and MetaTrader 4 (MT4). Each platform is designed for high performance, ease of use, and support for in-depth analysis.

• FBS App is an application designed specifically for FBS users. It features a user-friendly interface, supports real-time trading, account management, and market tracking in one place.

• MetaTrader 5 (MT5) is an advanced platform ideal for traders who require sophisticated analytical tools, high execution speeds and a wide range of instrument options.

• MetaTrader 4 (MT4) is a popular and easy-to-use trading platform for both beginner and professional traders, with technical indicators, chart analysis tools and automated trading systems (Expert Advisors).

Review of FBS Broker Account Types

FBS offers a single trading account type designed for traders of all levels, with the option of a Demo Account and a Real Account, which includes Swap-Free Features for those who want to trade without overnight interest fees.

• Floating Spreads starting at 0.7 pips

• Flexible leverage up to 1:3000

• There is no commission on trading.

• Swap-Free option for those who don’t want to pay overnight interest fees

• Minimum deposit starts at $5

Deposit and withdrawal with FBS

FBS supports over 200 deposit and withdrawal methods, covering local banks, electronic payment systems, credit/debit cards and cryptocurrencies. Traders can flexibly choose the method that suits them.

• Deposits - Process instantly or within minutes, depending on the method chosen, with no fees.

• Withdrawals - This can take anywhere from a few minutes to 48 hours depending on the method used, with some methods offering instant withdrawals.

For traders in Thailand, FBS supports Thai QR Payment, which allows for fast and commission-free deposits, with a minimum deposit of only 350 THB. The withdrawal system is also designed for high security, with identity verification to prevent unwanted transactions.

FBS Customer Support and Service

• Contact channels – There are many channels, including:

  • Telephone numbers: +357 22 010970 and +501 611 0594

  • Email:support@fbs.comFor contact and cooperation

  • Live Chat & Callback System: Provided viaFBS Help Center

• Support Hours – Available 24/7

• Supported Languages – Supports 10+ languages including English, Spanish, Portuguese, Indonesian, Malay, Thai, Swahili, Filipino/Tagalog, Turkish, and Arabic (coming soon).

FBS Broker Review Overview Summary

Based on all the information, it is safe to say that FBS is one of the most popular and regulated Forex brokers in over 150 countries. With competitive trading conditions, user-friendly accounts and comprehensive trading platforms, the broker offers traders 550+ trading instruments, including Forex, stocks, indices, commodities and cryptocurrencies, with an execution speed of 0.01 seconds and no trading commissions.

FBS focuses on educating and developing traders through a comprehensive range of educational resources such as FBS Academy, market analytics, and webinars, as well as 24/7 customer support in 10+ languages to support traders all over the world. Deposits and withdrawals are made easily via 200+ methods, with some transactions being instant.

However, FBS only offers one type of trading account, which may not be suitable for traders who want a wide range of options. And while it offers leverage of up to 1:3000, it comes with risks that need to be managed carefully.

Overall, FBS is a broker suitable for both beginners and professional traders who want a complete platform, good trading conditions and accessible support. However, it is important to consider account types and the risk of high leverage before deciding to trade.

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FBS Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions, and more with real user reviews to help you decide on the broker that suits your needs.