Its mission is to make trading seamless, accessible, and rewarding. The customer service provided at FBS is professional and easy to reach. They are available through the web-based chat function as well as through email or phone. There is also a well-stocked FAQ section that can help you answer many questions without the need to contact support. The leverage you can access for trading with FBS will depend on where you are located.
Core Functions in the App
FBS only charges you commission fees if you choose to trade indices or commodities. Forex trading is commission-free, as are deposits and withdrawals via all banking methods. This transparent pricing plan allows you to calculate your costs easily and makes the broker great for beginners and experienced traders alike.
FBS Broker Review: Is it a good choice for you?
- They continue building more localized offerings for such markets.
- With advanced charting tools and market analysis reports to facilitate the process of decision-making.
- Discover the best demo account with each feature and performance.
- Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst.
- TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
FBS is a brand name used by Tradestone Limited, which is a Cyprus-registered company, EU and MiFID-regulated investment firm registered fbs broker reviews with CySEC. Also, Broker obtained licenses from Australia ASIC and FBS Belize too. However, Belize’s local regulator Financial Service Commission or FSC mainly just register companies rather than regulate them. Yet, together with regulation from European CySEC it makes FBS a broker compliant with regulatory requirements and therefore offers reliable trading conditions.
- FBS offers various methods for depositing and withdrawing funds, allowing traders to choose the most convenient and rapid option.
- The FBS website does very well in supporting a total of 6 different languages.
- Also, while the platform supports a wide range of CFDs, it’s not built for long-term investing.
- Whether it’s discussing effective trading strategies, exploring market psychology, or demystifying complex concepts, I aim to provide value & empower fellow traders to make informed decisions.
- There were times where I opened some trades and then I had to go outside, and I was checking the trade from my phone.
Trading Conditions and Costs
You will be able to get $75 by inviting friends to profit together. But, is FBS a regulated broker in other parts of the world as well? Not only is this broker regulated in the world, but it has licenses from some of the best-known regulatory agencies globally. This feature is especially useful for beginners who want to participate in the market without active management. Deposits are instant and no FBS does not charge for deposits except for Sticpay which charges a 2.5% and an additional $0.30 / R 4.80 ZAR commission.
Commissions
Start with the online registration form on the FBS website, entering your personal information, email address, and creating a secure password. Next, FBS will ask you to select your preferred account type and trading platform. There are numerous bonuses and promotions available at FBS. 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.
A Reliable Broker with Good Service, but Spreads are a Bit High
There are numerous educational materials and programs provided by FBS also that are designed to enhance the trading capabilities of its clients. This account type fits those who want to feel the full power of trading with ECN technologies. While opening an account you may choose between Standard Account and Cent Account, which is a perfect option for beginners due to its much lower requirements and risks involved. Support is available 24/7 and generally receives positive reviews for responsiveness and professionalism.
I work from Germany with small budgets and the broker provides this opportunity. The spread is both floating and fixed, depending on the account. In general, the disadvantages are minimal, globally I am satisfied with the broker and I will continue trading on this platform. The instrument range is good but mainly consists of popular assets, also Crypto Trading is available via international trading. So we advise check conditions based on entity well, since they vary and quite different in terms of account types and instrument selection alike. For a more comprehensive and rewarding crypto trading experience, we suggest exploring our list of best crypto brokers that focus on cryptocurrency markets.
We’ve come to the end of our comprehensive and detailed FBS broker review. After analyzing this trading platform, we’ve concluded that it offers a user-friendly interface with access to both MT4 and MT5 platforms. Moreover, FBS offers multiple account types to suit all users with differing budgets.
Some content is region-specific, with examples and terms that match local markets. Spreads might widen slightly, but the interface doesn’t freeze, and chart updates continue without stuttering. That includes the web version, the desktop terminals, and the mobile app. Withdrawal minimums vary based on the method, but they’re not restrictive.
Now I already make few trade, profit not big but okay for beginner… Another good point to admit about FBS is the customer support it provides. The support is available 24/7 through live chat, international phone lines, email, and even social media. Many languages are supported, and in case some are not available Live Chat agent offers to speak either in English or use Google Translate, which is rather convenient.
FBS was established in 2009 and has since grown to become a prominent online broker, offering services across forex, CFD, commodities, and cryptocurrencies in more than 190 countries worldwide. FBS frequently runs welcome bonuses and deposit promotions, but the availability of these offers depends on your region and current campaigns. Canadian clients may have access to some of these bonuses, so it is best to check the official FBS website for the most current information.
