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FBS Forex Broker provides real users with * positive reviews, * neutral reviews and * exposure review!

FBS Broker Review

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FBS 2025 Review: Everything You Need to Know

  FBS has established itself as a prominent player in the forex and CFD trading arena since its inception in 2009. With a user base exceeding 27 million across more than 150 countries, it offers a range of trading options and educational resources. This review synthesizes various insights from recent evaluations, highlighting both the strengths and weaknesses of FBS while providing a comprehensive overview of its offerings.

  Note: Its essential to consider that FBS operates under different entities across regions, which can lead to variations in trading conditions and regulatory protections. This review aims to provide a fair and accurate representation of the broker's services.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 8
Tools and Resources 8
Customer Service and Support 7
Trading Setup (Experience) 8
Trustworthiness 8
User Experience 7
Overall 7.5

  How we rate brokers: Our ratings are based on extensive research, user feedback, and expert evaluations.

  

Broker Overview

  Founded in 2009, FBS is a global forex and CFD broker headquartered in Belize and Cyprus. It operates under multiple regulatory authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission (IFSC) of Belize. FBS provides traders with access to the popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as its proprietary FBS Trader app. The broker offers a diverse range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies.

  

Detailed Breakdown

  

Regulatory Regions

  FBS is regulated in several jurisdictions, including:

  • Cyprus: Under CySEC, providing a high level of investor protection.
  • Australia: Regulated by ASIC, known for robust regulatory standards.
  • Belize: Governed by IFSC, which offers comparatively less stringent oversight.

  

Deposit/Withdrawal Currencies

  FBS supports various currencies for deposits and withdrawals, including USD, EUR, and several others. Cryptocurrency deposits and withdrawals are also supported for specific accounts.

  

Minimum Deposit

  • Cent Account: Minimum deposit of $1.
  • Standard Account: Minimum deposit of $100.
  • ECN Account: Minimum deposit of $1,000.

  

Bonuses/Promotions

  FBS frequently offers promotional bonuses, including a no-deposit bonus of $100 for new clients and a 100% deposit bonus. However, these promotions may vary based on the regulatory entity.

  

Tradable Asset Classes

  FBS provides access to a wide array of trading instruments:

  • Forex: 36 currency pairs, including major, minor, and exotic pairs.
  • Stocks: CFDs on approximately 125 stocks from various markets.
  • Indices: 11 global indices, including major ones like the S&P 500 and NASDAQ.
  • Commodities: Trading in precious metals and energies like gold, silver, and oil.
  • Cryptocurrencies: Limited to a few major cryptocurrencies.

  

Costs (Spreads, Fees, Commissions)

  FBS offers competitive spreads starting from 0.7 pips on standard accounts, with floating spreads available on other account types. The broker does not charge deposit or withdrawal fees for most payment methods, although some fees may apply for specific transactions.

  

Leverage

  FBS offers high leverage options, up to 1:3000 for non-EU clients, while EU clients are limited to a maximum of 1:30 due to regulatory restrictions.

  

Allowed Trading Platforms

  FBS supports multiple trading platforms, including:

  • MetaTrader 4 (MT4): Widely recognized and user-friendly, suitable for various trading strategies.
  • MetaTrader 5 (MT5): Offers advanced features and additional trading options.
  • FBS Trader App: A proprietary app designed for mobile trading, providing a simplified interface.

  

Restricted Regions

  FBS does not accept clients from several countries, including the USA, Canada, Japan, and Israel, due to regulatory limitations.

  

Available Customer Support Languages

  FBS offers customer support in multiple languages, including English, Spanish, Portuguese, and several Asian languages, ensuring accessibility for a diverse clientele.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 8
Tools and Resources 8
Customer Service and Support 7
Trading Setup (Experience) 8
Trustworthiness 8
User Experience 7
Overall 7.5

  

Detailed Evaluation

  

Account Conditions

  FBS offers a variety of account types, including cent, standard, zero spread, and ECN accounts. The cent account is particularly appealing to beginners due to its low minimum deposit and reduced risk. According to TradingPlatforms.com, the standard account provides competitive spreads and zero commissions, making it suitable for more experienced traders. However, trading conditions can vary by entity, with some users expressing concerns about the limitations of available instruments.

  

Tools and Resources

  FBS excels in providing educational resources, including webinars, video tutorials, and market analysis. According to 55 Brokers, the educational materials are comprehensive and well-structured, catering to both novice and experienced traders. However, some users noted that the research tools could be further improved to match industry leaders.

  

Customer Service and Support

  FBS offers 24/7 customer support through various channels, including live chat, email, and social media. While many users reported positive experiences with responsive support, some reviews highlighted delays in response times during peak hours, as mentioned in ForexMT4Indicators.com.

  

Trading Setup (Experience)

  The trading experience on FBS is generally smooth, with rapid order execution times reported (95% of orders executed within 0.4 seconds). Reviewers from Broker Tested noted that the user-friendly interface of the MT4 and MT5 platforms enhances the overall trading experience, making it accessible for traders of all skill levels.

  

Trustworthiness

  FBS is considered a reputable broker due to its regulatory compliance with CySEC and ASIC, which offer significant investor protection. However, the presence of its Belize entity, which is less regulated, raises some concerns. As stated by BrokerChooser, it is crucial for traders to be aware of the regulatory environment under which they are trading.

  

User Experience

  Overall, user reviews of FBS are mixed, with many praising its low minimum deposit requirements and competitive spreads. However, some users expressed dissatisfaction with the limited range of trading instruments compared to other brokers. According to TradingPlatforms.com, while FBS provides a solid trading environment, it may not be the best fit for traders seeking a broader selection of assets.

  In conclusion, FBS stands out as a reliable and user-friendly broker suitable for both beginners and experienced traders. Its competitive trading conditions, educational resources, and robust customer support make it a compelling choice in the forex market. However, potential clients should carefully consider the differences in trading conditions based on their geographical location and regulatory entity.