FBS

Founded in 2009, FBS is a well-regulated STP broker. They have regulation in place from a number of top-tier industry regulators including CySEC (Tradestone Ltd) and ASIC (Intelligent Financial Markets Pty Ltd). FBS has collected 68 awards over the years since its inception.

They are also noted as a broker that provides very low spreads on trading across a wide range of markets. FBS is a popular choice with Asian and African traders in particular.

Is FBS Regulated? Legit? Safe?

FBS is regulated by FSC, FSCA, ASIC and CySEC within the European Union, which makes FBS an ESMA compliant broker.

Here below you can find a summary of all the FBS regulations:

• FBS Markets Inc: FSC in Belize (FSC/000102/460);
• Trade Stone SA (PTY) LTD: FSCA in South Africa (50885);
• Traderstone Limited: CySEC in Europe (331/17);
• FBS Oceania: ASIC in Australia (426359).

FBS was founded in 2009. Since that time they have worked hard to expand their offering to traders worldwide. They manage operations through the two following office locations in Cyprus and Belize.

FBS broker is very well-decorated in the industry. They regularly win awards for all aspects of their service and they have won 68 awards since they were founded. This includes a recent award of Best Broker in 2024.

They have also collected 2 awards as the best broker in Asia, and other awards as the best broker in Indonesia, Vietnam, Thailand, and more. This backs up their very strong reputation in the industry.

How does FBS protect clients’ money?

FBS provides for several protection measures to make sure that the funds you deposit with the broker remain safe and secure.

This includes a negative balance protection which means you can never lose more than you deposit. Added to that, your funds will also be placed in segregated accounts so that if the company does come under any financial difficulty like bankruptcy or insolvency, your funds remain protected.

What platforms does FBS offer?

The FBS trading platforms available are listed below:

• MetaTrader 4 (MT4), available as webtrader, desktop and mobile
• MetaTrader 5 (MT5), available as webtrader, desktop and mobile
• FBS Trader platform, available as webtrader

An upside here is that the FBS Trader platform is more visually appealing and user friendly than metatrader. It also supports both deposits and withdrawals and the team offers live support if you need it.

What are the FBS account types?

XM offers a very wide range of accounts. The FBS account types can be found below.

• FBS Demo Account
• FBS Standard Account
• FBS Cent Account
• FBS Islamic Account
• FBS Professional Account

For whom are account types suitable?

• FBS Standard account: Best for intermediate traders
• FBS Cent account: Best for beginners traders
• FBS Islamic account: Best for Muslim traders
• FBS Professional account: Best for high-volume traders

FBS trading spreads and commissions

An important point to note for you and all other traders is that fact that FBS offer opportunities to trade with either fixed spread or variable spread. This may not be the case with some brokers and at least allows you the freedom of choice.

Both the FBS fixed spread and FBS variable spread available are very competitive when compared with the industry average. This should give you a certain peace of mind for trading.

What is the FBS minimum deposit?

The FBS minimum deposit is $5.

What are the FBS deposit and withdrawal methods?

As you would expect with a major forex broker, there are a number of deposit methods catered for. This includes wire transfers and typically take 3-4 days processing time.

Keep in mind though, that some of these payment methods may be not be available in some regions.

Are there bonuses or promotional offers on FBS?

There are also a few additional offers to be aware of if you are trading with FBS.

FBS No Deposit Bonus: The FBS no deposit bonus is available under FSC regulation only. In fact here you can get as much as $100 in real trading cash with no deposit. There are a number of conditions though so you can only actually withdraw from this money if you have met these conditions within the past 30 days.

FBS VPS Server: An FBS VPS server is available to you if you deposit enough and make a certain volume of trades. This offer is unlimited and having a VPS in place allows you to fully exploit the use of EAs and trade on a 24/7 basis with the backing of a very fast and stable connection from the broker.

What assets can you trade on FBS?

FBS is a CFDs broker, every asset listed on the platform is offered as CFDs.

At FBS you can trade CFD assets on forex, commodities, indices, cryptocurrencies and stocks.

Is FBS good for scalping?

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 with orders executed within 0.01 seconds. Market execution is in place which also makes requotes impossible.

Also, you are permitted to use a VPS and the broker can provide you one that meets their requirements such as the one that only 500 open positions and pending orders can exist (400 for EU traders). Overall, these features despite the limited assets, make FBS a top scaping broker choice.

In Which Countries is FBS not Available?

FBS has over 16 million customers from 150 different countries. Despite this excellent worldwide offering, there are still a few places the broker remains unavailable as follows: Brazil, Canada, United Sates, China, India, Israel, Iran, Japan, Malaysia and Myanmar.