FBS Review 2024
Minimum
deposit:
  • €10

Trading platform:

  • MetaTrader4
  • MetaTrader5
  • FBS Trader
Regulation:
  • CySEC
Bonus for deposit:
  • 100%

FBS Review 2024

Updated: February 28, 2024
Updated: February 28, 2024
Your capital is at risk. 76.5% of retail accounts

9.22

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • €10

Trading platform:

  • MetaTrader4
  • MetaTrader5
  • FBS Trader
Regulation:
  • CySEC
Bonus for deposit:
  • 100%

Note!

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Summary of FBS Trading Company

FBS is one of the top brokers in the financial market with the TU Overall Score of 9.22 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FBS clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company. FBS ranks 9 among 395 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.

FBS (fbs.com) is an international broker operating in 190 countries. The brokerage company has been on the market for over 10 years, and during this time it has earned about 40 international awards. It is regulated by the CySEC under license number 331/17 and provides flexible conditions for Forex trading. In addition to classic currency pairs, the company's clients can trade indices, futures contracts, exotic currencies, and metals. FBS is especially popular in Asian countries such as India, Malaysia and Indonesia.

💰 Account currency: EUR
🚀 Minimum deposit: €10
⚖️ Leverage: 1:3000
💱 Spread: From 1 pip
🔧 Instruments: Forex, indices, metals, futures contracts
💹 Margin Call / Stop Out: 40% / 20%

👍 Advantages of trading with FBS:

  • negative balance protection;
  • a large selection of trading instruments;
  • the support service works 24/7.

👎 Disadvantages of FBS:

  • no cryptocurrency;
  • auto copying is not available;
  • no PAMM accounts;
  • not suitable for short-term trading, such as scalping;
  • the support service works in a limited number of languages;
  • only two real accounts.

Evaluation of the most influential parameters of FBS

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

9.17

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

6.96

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

9.57

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.02

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

9.50

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

7.58

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

9.03

/10

Trade with this broker, if:

  • You value the flexibility to deposit and withdraw funds through a wide range of methods. FBS currently supports over 200 options for deposit and withdrawal, including bank transfers, credit and debit cards, cryptocurrency wallets, and various online payment systems.
  • You wish to thoroughly explore the trading platform. To facilitate this, FBS provides multiple avenues for traders. Firstly, you can open a free demo account. Additionally, they offer a cent account where you can start trading with a deposit of just $5, enjoying fee-free trading with leverage up to 1:1000.

Do not trade with this broker, if:

  • Your interest lies in passive income opportunities. FBS does not offer copy trading or joint accounts. While the company does have a partnership program, it may not be as financially rewarding as those of its competitors, and the income generated is not passive.

We checked the office of the FBS brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:

Vasileos Georgiou A 89, Office 101, Potamos Germasogeias 4048, Limassol, Cyprus

Verified the company's address
* The results of this inspection shall not be regarded as an advice to choose the broker.
Detailed report on the visit to the company’s office FBS

NOTE!

Do not miss a chance to get additional monthly bonuses and payouts for trading at FBS.

Login preview

Enter the referral code when you register on the website or FBS app.

29159

Login preview

*TU may receive partnership reward for registration of the client on the company’s website on a referral link.

Your capital is at risk.
76.5% of retail accounts lose money when trading ᏟᖴᎠs with this provider.

Geographic Distribution of FBS Traders

Popularity in

27.13%
PH
Philippines
6.25%
ZA
South Africa
5.25%
BR
Brazil
3.86%
IN
India
3.32%
MY
Malaysia
3.09%
PK
Pakistan
2.82%
ID
Indonesia
2.61%
VN
Vietnam
2.41%
AE
United Arab Emirates
1.73%
EG
Egypt
41.53%
Others
Others

Video Review of FBS i

Expert Opinion

Thomas Wettermann about FBS

Contributor
254

FBS, established in 2009 and regulated by CySEC, ASIC, and IFSC, navigates the financial seas with a diverse fleet of trading instruments – Forex, CFDs on various assets, and even cryptocurrencies. Its good reputation and clean regulatory record offer smooth sailing for many traders.

FBS equips its crew with a multitude of account types: cent, micro, standard, zero spread, and ECN, catering to different risk appetites and trading styles. Swap-free options and VPS support add further flexibility. A low $1 minimum deposit and multiple payment methods make setting sail affordable, while a demo account and free educational resources help navigate the choppy waters.

However, hidden reefs lurk beneath the surface. FBS's product portfolio leans heavily on Forex and CFDs, leaving stocks, ETFs, and options off the map. This limits diversity for those seeking broader horizons. High commissions on certain instruments, like stock CFDs and ECN accounts, can erode your profits. Research tools, though present, lack depth and sophistication, leaving some in the dark. Customer support, limited to phone and email, doesn't operate 24/7, so help might not be a phone call away in stormy times.

Therefore, FBS shines for Forex and CFD traders who value low fees, fast execution, and varied account options. Promotions and bonuses add further allure. Crypto enthusiasts seeking high leverage and low spreads will also find safe harbor here. But if your chart includes stocks, ETFs, or options, or you require more competitive fees, comprehensive research tools, and constant customer support, you might need a different seafaring vessel.

Richard Best about FBS

Forex and Crypto Expert
155

Established in 2009, Cyprus-based FBS is a globally recognized online Forex and CFD broker with over 27 million traders across 150 countries. With a user-friendly interface, competitive spreads, low minimum deposit, and a range of educational resources, FBS caters to traders of all levels, making it an accessible option for anyone entering the world of financial markets.

Though not as extensive as its top competitors, FBS offers a diverse range of trading instruments, including Forex, stocks, commodities, indices, and cryptocurrencies. This diversity allows traders to diversify their portfolios and explore various markets within a single platform. Additionally, FBS offers competitive spreads and leverage options, providing traders with flexibility in executing their strategies.

The broker's commitment to customer support is evident through its multilingual customer service team, available 24/7 to assist clients with any inquiries or issues they may encounter. Furthermore, FBS offers various deposit and withdrawal methods, ensuring convenient transactions for traders worldwide.

However, while FBS provides a comprehensive trading environment, some users have reported occasional lags in platform performance during high volatility periods. Additionally, the availability of certain trading tools and features may vary depending on the account type, which could be a drawback for traders seeking specific functionalities.

Despite minor drawbacks, its robust customer support and educational resources make it a viable option for individuals looking to navigate the financial markets efficiently. FBS has earned a solid 4-star review on Trustpilot.

FBS Latest Comments for 2024 i

68 comments
Total score:
6.5 /10
  • Best
  • Last
  • Oldest
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sharol425

I like this company. I almost doubled my deposit in six months. This is a very good result for me. But the most important thing is that FBS withdraws money without any problems. That is, the company fulfills all agreements with a client. Therefore, I believe that FBS can be trusted.

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dilanharshana

For me, FBS was one of the first brokers I started trading with; earlier, they used to advertise more online. They had contests, and I even won one of them. Overall, I traded with FBS for a couple of years, and everything suited me. They had a separate blog with analytics, where there were some good materials. Now, many things are no longer available, although the broker continues to operate in the Forex market.

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don2902

The minimum deposit threshold in fbs is only €10, so don't waste your time and open an account here. Trading conditions are much better than with the most popular brokers, spreads are so much better!

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nmmc

In general, FBS is an okay broker. Despite the complex market conditions in recent years, it has managed to stay afloat. Withdrawals are processed without any issues, and accounts are not blocked. The customer support, while taking a while to respond, does help to resolve all queries. Occasionally, fund withdrawals may take longer than expected. Overall, collaborating with FBS is fine.

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14forexjob

Before opening an account with FBS, I studied the company's operations. It turns out that this broker has been in the financial markets for over 10 years. Not all reviews are positive, of course, but many recommend trying trading here. I opened an account with FBS six months ago. So far, I can't say anything negative about the broker. I haven't withdrawn any money yet.

Responses to a comment
robin to 14forexjob

I hope that even after a year of collaboration, you won't have a negative opinion about the FBS company. I have been trading here for over a year, and I have no plans to change the company.

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musafir

I have invested a lot of time and energy into learning about Forex trading, but choosing a reliable broker has proven to be a challenging task. Luckily, I was able to find a good brokerage company. This is FBS. I have no problems with order execution, spreads are really small, and the platform works quite quickly, without any visible failures. In general, I am satisfied with this broker.

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mayang09

The FBS platform works perfectly. FBS is adept at creating excellent platforms. Even after several years since the release of this platform, the FBS terminal continues to receive technical updates. I believe that in the future, many will trade through this platform.

Expert Review of FBS

The FBS broker fulfills its obligations as a partner to Traders Union and is recognized by the members of the Union as a company that offers clients optimal trading conditions.

The FBS brokerage company provides traders with several trading accounts to choose from: a free demo account and several types of real accounts with different conditions. This allows its clients to choose the best option based on the trading strategy and financial instrument, as well as individual requirements. The broker provides all traders with negative balance protection.

Considering all this, we can say that the FBS broker is suitable for both novice traders and professionals of foreign exchange trading. It should be noted that the company's support service works around the clock, 7 days a week, and you don't have to wait long for an answer. The broker's website is simple, you can understand it intuitively.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Latest FBS News

28.02.2024
​Broker FBS celebrates the 15th anniversary of its activity, and in honor of this event, it holds a raffle among its traders. "For 15 years, we have
03.04.2023
The popularity of the Forex market in Indonesia has grown rapidly in recent years, and as a result, many new traders are having difficulty finding a

Dynamics of FBS’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

FBS is the right company for those traders who prefer to trade manually and use expert advisors. However, the broker does not offer passive investment options other than trading robots. The company does not provide for the possibility of investing in PAMM accounts or automatic copying of trading operations of experienced traders. 

However, the lack of investment programs is more than offset by the abundance of trading instruments. Thus, FBS clients can trade currency pairs, including exotic currencies, trade indices, metals, and CFDs. In addition, the brokerage company offers quite lucrative affiliate programs. With their help, traders, as well as SEO specialists and influencers can easily generate additional income. There is also a program for novice businessmen.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

FBS’s affiliate program

  • Cooperation. This is a classic affiliate program that provides a reward for each attracted client. The amount of income from the affiliate program depends on the amount that the attracted client has deposited. There is also an option to receive a percentage of trades. FBS provides partners with convenient tools, including traffic analysis and promotional materials.

  • CPA. This program is suitable for bloggers, SEO specialists, and marketers. By placing the broker's banners and advertising on its website page on a social network or YouTube channel, the affiliate earns income. Profit, as in the previous case, depends on the amount of the attracted client's deposit. FBS provides the affiliate with marketing tools for promotion and also allows consulting with a personal manager.

  • Introducing Broker (IB). In this case, the affiliate opens a branch of the brokerage company and manages the business processes. The amount of income depends on individual conditions. The broker provides developmental support.

The terms of affiliate programs offered by the brokerage company allow you to choose the best option and form your own referral system, from which you can provide yourself a stable income.

Trading Conditions for FBS Users

The FBS brokerage company offers very attractive trading conditions for traders living all over the world. The minimum trade volume is 0.01 lot for all trading accounts. The minimum deposit is EUR 10 and the spread is 1 pip. Traders can connect an Islamic account option to all live accounts, allowing them to trade according to Sharia law. Popular and exotic currency pairs, indices, futures, and metals are offered as trading instruments.

€10

Minimum
deposit

1:3000

Leverage

24/7

Support

💻 Trading platform: MetaTrader 4, MetaTrader 5, FBS Trader
📊 Accounts: Standard account, cent account, demo standard account, demo cent
💰 Account currency: EUR
💵 Replenishment / Withdrawal: Cards: Visa, MasterCard; e-wallets: Skrill, Neteller, Wire Transfer, Rapid Transfer
🚀 Minimum deposit: €10
⚖️ Leverage: 1:3000
💼 PAMM-accounts: No
📈️ Min Order: 0.01 lots
💱 Spread: From 1 pip
🔧 Instruments: Forex, indices, metals, futures contracts
💹 Margin Call / Stop Out: 40% / 20%
🏛 Liquidity provider: Currenex
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: Advisors; Hedging; Protection against a gap.
🎁 Contests and bonuses: Yes
Your capital is at risk. 
76.5% of retail accounts lose money when trading ᏟᖴᎠs with this provider.

Comparison of FBS with other Brokers

FBS RoboForex Exness FxPro AMarkets TeleTrade
Trading
platform
MT4, MobileTrading MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading, MT5, cTrader, FxPro Edge MT4, MT5, AMarkets App MT4, MT5
Min deposit $1 $10 $10 $100 $100 $1
Leverage From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:3000
From 1:1
to 1:10
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.2 points From 0 points From 1 point From 0 points From 0 points From 0.8 points
Level of margin call
/ stop out
40%  /  20% 60%  /  40% No  /  60% 25%  /  20% 50%  /  20% 70%  /  20%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution, Instant Execution
No deposit bonus $5 No No No No No
Cent accounts Yes Yes No No No No

Broker comparison table of trading instruments

FBS RoboForex Exness FxPro AMarkets TeleTrade
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto No No Yes Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes
Stock No Yes Yes Yes Yes Yes
ETF No Yes No No No Yes
Options No No No No No No

FBS Commissions & Fees

Information
The experts at Traders Union checked the broker for trading and non-trading commissions. In the category of trading commission, the company's spread was considered, and as a non-trading commission, various additional fees for withdrawing funds from the account were considered.
Account type Spread (minimum value) Withdrawal commission
Standard From $1.7 No
Cent From $1.3 No

We have also analyzed and compared FBS trading fees with its competitors. Based on the results obtained, each brokerage company was assigned an appropriate level: low, medium, or high.

Broker Average commission Level
FBS $1.5 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo FBS
$1.5
$1
$8.5

Detailed Review of FBS

FBS provides services in the Forex market globally. The company has been operating for a little over 10 years. The broker takes a responsible approach to performing the tasks assigned to it. FBS offers its trading clients optimal working conditions and popular financial instruments. The company is characterized by convenient trading terminals, including a mobile version of its own platform, and frequent innovations.

Because the regulator of FBS is the Cyprus Securities and Exchange Commission (CySEC), there is a guarantee of transparency and safety of the trader's funds.

FBS is the right broker for beginners and professional traders

FBS combines functionality, unique trading tools, and productivity. It also provides high-quality training materials that allow novice traders to quickly get used to trading in the foreign exchange market, as well as in the markets of stock indices and futures contracts. You can choose a demo account for training. It is free because trading is done with virtual funds. For those who want to try trading on the real market, but are not yet ready to risk even a hundred euros, you can choose a cent (micro) account. On it, the minimum deposit is 10 euros.

The brokerage company is suitable for traders trading a wide variety of strategies. So, there is the possibility of trading robots, and you can make money on the news. The broker is also suitable for calm intraday trading, medium-term and long-term strategies. Orders are executed quickly and spreads are relatively low. In addition, it is possible to connect the swap-free account option. This will allow trading following Sharia law.

Traders cooperating with FBS trade through popular platforms such as MetaTrader 4 and MetaTrader 5. Both desktop versions for Windows and MAC are available, as well as mobile versions for devices running Android and iOS. Web versions of terminals are also available. In addition, a trader can choose FBS’s proprietary mobile platform. For now, owners of gadgets on Android can trade on it and a version for iOS is expected soon.

Analytical services of the FBS broker:

  • Forex News, Forex TV, and an economic calendar to track events that affect the volatility of trading instruments;

  • daily analytics are available to track fundamental and technical analysis of the market;

  • Forex calculators and currency converter is for comfortable trading and you can calculate how much money is needed, what is the expected spread, etc.

Advantages:

1

good liquidity;

2

the availability of a regulator;

3

quotes using 5 points after the decimal point;

4

good trading conditions: two types of real accounts, as well as two options for demo trading accounts, relatively low spreads starting from 1 pip;

5

a good set of financial instruments: you can trade currencies, contracts for differences, and metals;

6

plenty of materials for training - allows a beginner to quickly master the principles of Forex trading;

7

protection against a gap (negative balance) - will prevent the loss of the deposit;

8

you can trade robots - it makes it possible to conduct automated trading;

9

hedging is allowed - allows you to reduce risks.

How to Start Making Profits — Guide for Traders

FBS offers its clients several types of accounts from which to choose. The euro is used as the currency for replenishment. The company provides an opportunity to open a demo account that replicates real market conditions. This makes it possible to test your strategies without risking any or very much capital.

Account types:

Account Type
Description
cent (micro)
The minimum deposit for this type of account is €10. The spread is floating, starting from 1 pip. You can open a maximum of 400 positions during pending orders. The transaction volume is 500 cent lots maximum. The minimum is 0.01 lot. Market execution is the method used to send trade orders in 0.3 seconds. The leverage is 1:3000;
standard
The trading conditions on this type of account are identical to those provided on the cent account. The only difference is that the minimum amount of deposit replenishment is already 100 euros. Of course, no cents are traded here.

For trading, FBS provides both MT4 and MT5 trading platforms for computers, and a mobile terminal. There is also a web version of these trading terminals and a proprietary trading platform called FBS Trader for mobile devices.

FBS - How to open, deposit and verify a trading account | Firsthand experience of Traders Union

FBS tested by Rinat Gismatullin

Bonuses Paid by the Broker

100% deposit bonus

A welcome bonus allows you to double your deposit. The bonus is unlimited but it is only provided upon request through your personal account.

Bonuses Paid by FBS - 100% deposit
Bonuses Paid by FBS - 100% deposit

Cashback

By activating the option in the personal account, a trader can receive a cashback of up to $15 per lot.

Bonuses Paid by FBS - Cashback
Bonuses Paid by FBS - Cashback

Trade 100 Bonus

The trader registers a $100 bonus account and uses the broker's money for a month.

Bonuses Paid by FBS - Trade 100 bonus
Bonuses Paid by FBS - Trade 100 bonus

Investment Education Online

Information

The FBS website has an impressive training section where everyone can get the information they need to trade successfully on Forex and beyond. The broker provides a quick guide to Forex, tips for traders, and video tutorials. The company also conducts webinars. The section is divided into levels for beginners, elementary, intermediate, and advanced levels.

Information available in the Education section
Information not available on the FBS website
How to read currency quotes and buy/sell currency pairs in the FBS trading terminal, as well as how to calculate your financial results
There is no detailed analysis of each question in the articles on the site
Fundamental and technical analysis of the market
 
How to understand trends, ranges, and breakouts
 
Trading styles
 
Psychology of traders and risk management
 
Glossary
 
Webinars and video tutorials
 

To practice the knowledge gained on the FBS website, the specialists of the brokerage company recommend opening a demo account. You can practice on it without risking real money. The next step is to open a cent account which will allow you to trade in the real market, but with lower risks than on a standard account.

To support traders, a separate analytical section with an economic calendar, a currency converter, and calculators have been created on the site.

Security (Protection for Investors)

Information

FBS is regulated by the Cyprus Securities and Exchange Commission (CySEC). This means that the FBS broker carries out financial activities following the regulations and the requirements of the regulator. Thanks to this, the rights and obligations of clients and the company are clearly defined and this guarantees the safety of traders' funds.

👍 Advantages

  • Client deposits are not available for use by the broker because they are kept separate from the company's funds
  • Negative balance protection
  • Dispute resolution is carried out with the involvement of an independent agent
  • Insurance: since the broker is a member of the Investor Compensation Fund, in the event of bankruptcy of the broker and inability to fulfill its obligations, its clients are compensated

👎 Disadvantages

  • Regulators do not consider claims of private traders trading small amounts

Withdrawal Options and Fees

  • The trader can withdraw funds to Visa and MasterCard bank cards.

  • Withdrawals to electronic wallets, Skrill, Neteller, wire transfer, and Rapid Transfer are available.

  • Withdrawals are made in euros.

  • The broker does not charge a commission, but the commission can be withdrawn by the bank/electronic payment system.

  • The maximum processing time for a withdrawal request by a brokerage company is 48 hours.

  • The processing time of the application by the bank may take 5-7 working days.

Customer Support Service

Information

The company's support service is ready to answer questions and advise traders 24 hours a day, 7 days a week.

👍 Advantages

  • Many options for communication
  • Multilingual support: English, French, German, Italian, and Portuguese are available
  • The site has a section with answers to the most popular questions (FAQs)
  • You can contact support 24/7
  • Support respond quickly

👎 Disadvantages

  • To communicate in the online chat, you must enter your email address

Available communication channels with customer support specialists include:

  • directly via phone numbers indicated on the website;

  • by email;

  • in the online chat on the website of the brokerage company;

  • in Facebook messenger.

Support is available from the FBS website and from your personal account.

Contacts

Foundation date
Registration address Vasileos Georgiou A 89, Office 101, Potamos Germasogeias 4048, Limassol, Cyprus
Regulation
Official site
Contacts
Your capital is at risk. 
76.5% of retail accounts lose money when trading ᏟᖴᎠs with this provider.

Review of the Personal Cabinet of FBS

To make it easier for you to start cooperation with the FBS broker, Traders Union suggests that you note the following information:

1

You can enter your FBS personal account from the main page of the company's website. To do this, click "Log in".

FBS Official Website
FBS Official Website
FBS Official Website
2

To log in, you need to enter your email address and password. You can also go through authorization using your Google or Facebook account.

Authorization on FBS Website
Authorization on FBS Website
3

If you have not opened an account yet, click on "Open Account" and go through the registration procedure. Indicate the country of residence and enter all the requested data in the appropriate fields. You will also need to go through verification of your personal information such as your passport data, etc.

FBS account opening
FBS account opening
4

After you register or log in, your personal account will become available. There you can replenish your account, download, and launch a trading platform convenient for you.

5

In your personal account, you can choose a financial instrument, replenish a deposit and withdraw funds. There you can also apply for a bonus that doubles the deposit amount.

Your personal account will also contain:

  • up-to-date analytics and quotes;

  • statistics on the effectiveness and profitability of affiliate programs;

  • useful information about the foreign exchange market, video tutorials, and webinar schedules;

  • service window for professional advice.

Disclaimer:

Your capital is at risk.  76.5% of retail accounts lose money when trading ᏟᖴᎠs with this provider. ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

User Reviews of FBS i

Register on the website and sign in to submit a review about your experience of working with a broker. Everyone is welcome to post a review.

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giet0904

I have been trading with FBS for more than two years. Everything suits me a lot, like the lowest spreads, the number of trading assets, and the choice of platforms. But funds are not always withdrawn quickly. Also, the support staff is constantly delaying the answer; thus, you have to wait a very long time.

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dhakafx

FBS has no flaws. At least, I have never been caught on the fact that the stop order did not close or something like that happened. And the broker has existed for a long time, I have not even read any special claims on the Internet.

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SevipInfose

I have an account with several brokers. One of them is the FBS broker. I can not say that the broker is perfect. There are failures on its platform, there are sometimes delays in withdrawing funds. But more can be said that trading with FBS you can make a profit and withdraw it.

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jonigw16

In general, I recommend FBS for those who want to trade in the Forex market. I am sure that you will be satisfied with the quality of service and the level of professionalism of the broker.

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shanalb16

FBS is a real broker. Proven by both times and rating among traders. Of course, those who are used to trading in "our kitchens" will have a hard time getting used to a real broker. There are no usual bonuses, there are commissions, other payments. Yes, they work with FBS mainly through the bank. But you need to get used to normal brokers.

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taredowafer17

Three years with the broker fbs.com brought me a very good profit. I can't say that everything always goes smoothly. A couple of times I had to write to support to cancel some transactions. I can positively say that if there is fault, FBS always resolves issues in favor of the trader.

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mayang09

The FBS platform works perfectly. FBS is adept at creating excellent platforms. Even after several years since the release of this platform, the FBS terminal continues to receive technical updates. I believe that in the future, many will trade through this platform.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
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FAQs

Do reviews by traders influence the FBS rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FBS you need to go to the broker's profile.

How to leave a review about FBS on the Traders Union website?

To leave a review about FBS, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about FBS on a non-Traders Union client?

Anyone can leave feedback about FBS on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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