FBS Review
Overall Rating
4.3 / 5
Fees
4.1 / 5
Safety
4.5 / 5
Platforms
4.4 / 5
Education
4.0 / 5
Min. deposit
$5
FBS — At a Glance
- Regulation
- ASIC (Australia), CySEC (Cyprus), FSC (Belize), FSCA (South Africa)
- Broker Type
- STP, ECN
- Minimum Deposit
- $5
- Payment Methods
- Bank Transfer, Local Bank Transfer, Debit Cards, Credit Cards, Skrill, Neteller, Perfect Money, SticPay, FasaPay
- Account Currencies
- EUR, USD
- Assets Offered
- Forex, CFDs
- Trading Platforms
- Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Demo Account
- Yes
- Maximum Leverage
- 1:3000
- Spread Type
- Variable
- Spread From
- Variable
- Commission
- No commission
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 500
- Swap Free Account
- Yes
- Managed Account
- No
- PAMM / MAM Trading
- No
- Joint Account
- No
- Social / Copy Trading
- No
- Hedging
- Yes
- Scalping
- Yes
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Bonuses
- Yes
- Contests
- Yes
- Headquarters
- 9725, Fabers Road Extension, Unit 1, Belize City, Belize.
- International Offices
- Belize, Cyprus
- Languages
- English, Portuguese, Indonesian, Spanish, Thai, Malay, Tagalog, Filipino
- Customer Support
- Live Chat, Email, Telephone
Pros & Cons
Pros
- +Strong regulatory oversight.
- +Established in 2009 with a strong and proven track record.
- +Trusted broker with a large global user base (20M+ traders).
- +Segregated client funds.
- +Fast and simple account setup process.
- +Wide range of global market access through CFDs.
- +Very low minimum deposit (from $5).
- +Multiple fast and secure payment methods.
- +Negative balance protection.
- +Low forex trading fees.
- +No deposit or withdrawal fee for most payment methods.
- +Beginner-friendly account options (Cent Account).
- +Great educational content for beginners.
- +User-friendly mobile and web proprietary platforms.
- +Supports MetaTrader 4 and 5 integration.
- +High leverage trading capability.
- +Great customer support service, available 24/7.
Cons
- −Product offering is limited to forex and CFDs.
- −Limited account currency options.
- −No TradingView integration.
- −No integrated social, copy, and PAMM trading features.
- −Limited research tools.
- −Educational content is limited.