Abstract:FBS is an international broker with 11 years of experience in providing clients with more possibilities in the financial markets.FBS currently holds a full license from the Cyprus Securities and Exchange Commission (license number: 331/17) and a retail foreign exchange license from the Financial Services Commission of Belize (license number: IFSC /60/230/TS/17). Additionally, FBS provides a continuous stream of educational resources, including free webinars, daily analysis, etc., to help users quickly learn about financial forex.
General Information & Regulation
FBS is an international broker with 11 years of experience in providing clients with more possibilities in the financial markets.FBS currently holds a full license from the Cyprus Securities and Exchange Commission (license number: 331/17) and a retail foreign exchange license from the Financial Services Commission of Belize (license number: IFSC /60/230/TS/17). Additionally, FBS provides a continuous stream of educational resources, including free webinars, daily analysis, etc., to help users quickly learn about financial forex.
Markets Instruments
Investors can trade popular Forex mainstream currency pairs, minor currency pairs, exotic currency pairs, metals, stocks, energy, and indices through the FBS trading platform.
Minimum Deposit
Six live trading accounts are listed on FBS platform: Cent, Micro, Standard, Zero-spread, ECN and Crypto accounts. The minimum initial deposit of the cent and crypto accounts is $, sounds the good option for news traders to get started. The ECN account is abviously for seasoned traders, with the minimum initial deposit of $1,000.
Spreads & Commissions
For FBS Standard and Cent accounts, the minimum spread is 0.5 pips for EURUSD, 2.1 pips for EURGBP, 10 pips for XAUUSD, 2 pips for XAGUSD, 1 pip for Alibaba stock, 1 pip for Amazon stock, 3 pips for USOil, and 1 pip for UKOil. FBS calculates tradng costs into spreads.
Trading Platforms
FBS offers traders a variety of trading platforms: FBS Trader (for Android and Apple), MT4 (for Android, web, Windows, Apple, macOS), MT5 (for Android, web, Windows, Apple, macOS). FBS Trader is an all-in-one trading application that allows users to trade with ease. FBS Trader includes all the necessary features, is lightweight and straightforward, allowing traders to trade anywhere, anytime.
Deposit and withdrawal
FBS Trader supports various deposit and withdrawal methods: VISA, MASTERCARD, Maestro, Wire Transfer, Skrill, Rapid Transfer, NETELLER.
Customer Support
Customer service is not something most traders will ever use, but FBS has a multi-lingual support staff available 24/7. Since the Forex market is closed on weekends, it is unclear why support staff would be available or if it indeed is. E-mail support certainly remains available at all times.