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FBS Broker Review 2024 Pros & Cons

That’s why fraudulent brokers tend to operate in the shadow, hiding their actual location. FBS keeps client funds in segregated accounts with trusted financial institutions, which means that client funds are kept separate from the company’s operating funds. This provides an additional layer of security and ensures that clients’ funds are protected in the unlikely event of the company’s insolvency. FBS also participates in the Investor Compensation Fund (ICF), which provides additional protection to clients in the event that the broker becomes insolvent. The ICF is designed to compensate clients for up to a certain amount if the broker is unable to meet its financial obligations.

  1. As seen in the FBS forex review, you can deposit funds into your account via credit card, debit card, Neteller, PerfectMoney, Skrill, Sticpay, and many more.
  2. Energies (commodities) are offered to trade by CFDs (contract for difference).
  3. The global branch of FBS also offers MT4 MultiTerminal, which allows clients to operate multiple accounts simultaneously.
  4. Cryptocurrencies are digital assets that are impossible to counterfeit and are based on a blockchain network.
  5. From the website, you can access a well-designed Forex calculator, an Economic Calendar for keeping up with the latest news, and a currency converter for quick calculations.
  6. The app allows traders to access their trading accounts on-the-go and trade a wide range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies.

The minimum deposit at the online forex broker is different for each account type and trading region. The firm requires an initial deposit of $5 on the Cent and Standard accounts and $200 on the Pro solution. Furthermore, FBS account types also include both demo and live trading accounts, ensuring that you get precisely what you want, regardless of your degree of experience. For beginners and to experience the FBS Forex trading environment, a demo account is highly advised. To participate in the scheme, scammers ask traders to deposit a significant amount of money into a managed account, persuading them to use it for Forex trading under the expertise of their team.

There are three types of different platforms for the broker, which we will review later. Last but certainly not least on the list of potential alternatives to consider, XTB, as one of the world’s largest Forex brokers, can’t be ignored. This European broker was founded back in 2002 and is traded on the Polish stock market since 2016. Interestingly enough, the company gained 4% in value on the first day after doing so and currently has offices in 12 countries. The main advantages of the broker are they provide access to one of the best trading platforms currently available (Station 5) and the are very transparent with their fees and commissions.

It is licensed by respected financial authorities and our experts were pleased with the selection of products, assets and tools available upon testing. Several deposit and withdrawal methods are available including wire transfer, Visa, Maestro, Mastercard and electronic payment systems, such as Skrill, Rapid Transfer and Neteller. Trading with a registered broker like FBS who conforms to high standards is, without fbs broker reviews a doubt, the first and most significant step you should take before signing up with any trading organization. In this case, FBS has strict money-protection rules in place, as a result of its obtained license and compliance with the MiFID directive. Are you willing to venture out of the forex market and try out cryptocurrencies? This account is perfect for those looking to invest in the latest digital asset.

What is cryptocurrencies trading?

Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Note, these promotions are not available in certain regions where regulation prohibits bonuses. Also check the terms and conditions upon registration as promotions will expire after a certain period. New vouchers are also added frequently, meaning investors get a boost to their trading capital upon sign-up.

We highly recommend our readers to personally get in touch if there are still concerns or open questions. To deposit and withdraw money, FBS offers its clients multiple payment options, including bank transfers or payments via credit card. In the wake of global stagflation, investors are looking for safe havens to protect and diversify their financial assets. This is why we take a closer look at FBS, a successful global broker, which is already active in more than 150 countries with over 27 million traders worldwide. Sticpay users need to pay a commission fee of 2.5%, along with a fee of USD 0.3 for withdrawal within minutes.

Cent Account

WBO, an international business magazine, has also named FBS as its top choice for the ‘‘Best Customer Service Broker Global 2022’. Trades can get additional money for their accounts to trade with higher risk. We have to mention that the bonus depends always on certain conditions. The deposit and withdrawal of money are as easy as registration with FBS. The broker offers different payment methods to do your transactions.

Since 2009, the company has grown significantly and can boast over 16 million active merchants in 2021. The broker is internationally active and also possesses the necessary licenses through the IFSC (Belize) and CySEC (Europe). Besides regulatory bodies, customers should take a look at unbiased reviews to get an insight in the experiences of other customers. Therefore, the following section summarizes positive and negative reviews. As part of this program, you will receive high commissions and regular payouts. Meanwhile, you can also make withdrawals 24/7 and start receiving 20% of your affiliate’s partner’s income and even more!

What is FBS?

For withdrawals, there are some commissions that you have to pay. You can see the commissions direct in your account dashboard. The MetaTrader offers a huge range of tools for professional analysis. Choose between different chart types and develop a successful strategy. In addition, it is possible to download external tools and integrate them into the software.

This can help a trader who has a different currency from the trading instrument. You can then use this tool to convert currencies based on prevailing rates. This tells me that the other account offers don’t go in line with EU financial regulations. So to avoid losing their license, they just offered that one account. Most of the international awards they received are about recognizing them as a transparent broker with some of the best levels of customer service.

How to sign up at FBS?

By confirming the account registration, the client agrees to comply with all the company’s AML policy requirements. An Anti-Money laundering policy is designed to prevent criminals from disguising illegally obtained funds as legitimate income. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. Before you activate the bonus, you should read the conditions.

FBS Review

The international offices of FBS impose a fixed commission charge of USD 6 per lot at the ECN Account and USD 20 for each lot at the Zero Account. The offices charge USD 25 for CFD trading and USD 3 for trading in stocks and shares. The crypto brokers charge a nominal commission fee of 0.05% for opening and closing positions in digital currencies at crypto markets. The broker has both MT4 and MT5 platforms, which are available on any browser and as mobile apps. This firm also offers FBS Trader, an in-house mobile application. All platforms are suitable for beginners and offer risk management tools, graphs and charts, plus one-click trading.

So, if someone offers you the opportunity to get rich quickly, they will most likely get rich at your expense, leaving you with nothing. The applicant can now choose to Deposit Funds or proceed to the client area. In the following review, we will give you all facts about the broker you need to know.

To avoid these practices, always look after the regulation of the broker before you start investing real money. According to the FBS review, one can make deposits in various payment methods that include bank transfer, credit and debit cards, e-wallets, and exchangers. The minimum deposit amount varies with the type of Account and lies between USD 1 and USD 1000.


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