FBS Review 2025: Read Before You Trade

FBS Review 2025: Read Before You Trade

fbs forex review

Any FBS withdrawal must first be made through Payment Method 2 until the total amount deposited via Payment Method 2 is fully withdrawn (either in whole or in parts). FBS allows withdrawals on payment method 1 only after the payment method 2 is completely withdrawn. As you would expect with a major forex broker, there are a number of deposit methods catered for. This includes wire transfers which are only available in Europe, and typically take 3-4 days processing time.

FBS Customer Support Test

  • Nevertheless, limited products are available and there’s no protection for non-EU users.
  • In addition to the MetaTrader 4 and 5 apps, FBS provides a feature-rich proprietary app.
  • FBS is a global forex and CFD broker regulated by multiple financial authorities, including FSC, CySEC, and ASIC.
  • There are some real life seminars available at various locations and venues, all of which are advertised on the site.
  • In this platform, buying and selling forex is very simple and easy to understand.
  • It has a client base of over 27 million and thousands of accounts are opened each day.
  • Additionally, you should review the broker’s policy and terms of service.

It also does not have any investor protection scheme for non-UK/EU traders. Additionally, FBS does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives. Trades can get additional fbs forex review money for their accounts to trade with higher risk.

Automated Trading

The leverage you can access for trading with FBS will depend on where you are located. FBS is a CFDs broker, every asset listed on the platform is offered as CFDs. There are also a couple of other fees to consider if you are starting to trade at FBS. Rapid Transfer is also available in the EU for withdrawals, as are Globe Pay, Stic Pay, and Perfect Money under FSC.

With their motto of “easy to maintain for beginners – functional to satisfy professionals”, the broker has brought many opportunities for new and veteran traders alike. The account types at FBS provide flexible trading conditions, including a wide range of order volumes (0.01 to 500 lots) and many open positions (up to 500). While FBS showcases many admirable qualities, it’s crucial for potential users to conduct meticulous research before opting to trade with them. Evaluating one’s trading requirements, preferred strategies, and risk acceptance is essential. The aptness of a broker is predominantly subject to individual trading inclinations and objectives. These notifications are customizable, allowing traders to tailor them to suit their preferences and trading requirements.

FBS withdrawals follow the LIFO (last in first out) system in case of multiple payment methods. They are also noted as a broker that provides very low spreads on trading across a wide range of markets. FBS is a popular choice with Asian and African traders in particular.

Assets & Markets

FBS offers a comprehensive educational and analytical toolkit. The platform provides many resources, including Market and VIP Analytics for global clients and financial news, webinars, and expert analysis available through Forex TV for EU clients. These demo accounts are funded with virtual money, allowing you to practice trading the broker’s 550+ instruments without risking real money.

fbs forex review

News Trading: Acceptable Choice

You must provide your email and full name, then click the “Register as a trader” button. The information must be current and accurate, as it will be used later for identity verification. FBS is regulated by several international regulators, ensuring transparency and security of client services.

fbs forex review

  • On the negative side, only USD and EUR are available as account currencies and the depth of investment products trails some alternatives.
  • Moreover, the low trading fees make the platform more accessible.
  • For instance, the typical EUR/USD spread is 0.9 pips, and for the Dow Jones 30, it’s 5.92 points.
  • I liked the wide range of features including deposits, live chat, and robust charting from TradingView.
  • Deposits are all instant, apart from wire transfers, which take 3-4 business days to process.
  • Some traders were also disappointed by the lack of comprehensive educational resources about trend trading.
  • The typical spread for the EUR/USD on the FBS Standard and Cent accounts is 0.7 pips.

FBS furnishes an extensive array of tradable instruments, catering to a multitude of trading preferences and tactics, covering a variety of asset classes. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The courses within the client portal include basic modules like an Introduction to Online Trading to advanced material like Algo Trading with MQL5. The material is broken down into short lessons with a summary at the end, making it easy to digest.

FBS Trader is Easy to Use

This compares well to forex brokers such as OANDA, whose spread starts from 0.8 pips for the same currency pair. FBS aims to ensure quick and efficient deposit and withdrawal processing to give traders timely access to their funds. FBS offers a variety of deposit and withdrawal methods to accommodate traders worldwide.

Once confident in my trading strategies, I was able to seamlessly transition to a live account from the client dashboard. To safeguard client investments, the broker employs strict account segregation. Client funds are held in separate accounts, insulated from the broker’s operational risks, and their safety is ensured under various circumstances.