FBS Review

FBS Forex Review

Compare Fx Brokers

FBS Total Rating -FxPros.net» Check the FBS rating analysis

FBS GENERAL INFORMATION

Found: FBS was found in 2009

Headquarters: FBS Markets Inc. has offices in Russia

US Residents: FBS does not accept US traders –No-

Islamic Accounts: FBS provide Islamic Accounts (SWAP-Free) –Yes-

Regulated: FBS is regulated by CRFIN (No 009069697)

Web-Site Languages: FBS website supports many languages (English, Spanish, Russian, Portuguese, Arabic, Chinese, Korean, Indonesian and many other Asian Languages)

FBS TRADING INFO SUMMARY


■ Broker Type: ECN /
STP

■ CFD Trading: -Yes-

Platforms: FBS-Traders which are actually a MetaTrader4 and a MetaTrader5

Trading Time Zone: GMT+3

■ Demo Account: FBS is providing a Demo Account Yes-

■ Typical Spread EUR/USD: 1.0 pips (no commissions)

■ Leverage: Leverage at FBS is up to 1:1000

Scalping /Hedging: are allowed at FBS Yes-

■ Bonus Policy: FBS offers 60% deposit bonus for all new clients

■ Minimum Account: $1 (Cent Account) to $500 (Standard Account)

Visit the FBS Website

 

FOREX ASSET INDEX


□ FBS is providing 28 popular Forex Currencies (Check Forex assets table below at Spreads & Commissions section).

□ Commodities and Stocks via Futures and CFD contracts

Gold and Silver on Spot

 

SPREADS, COMMISSIONS & LEVERAGE

The following slider includes spreads and Swap charges for Unlimited Account type (Immediate orders offset into Currenex ECN system). Press slider to reveal the information:

 

Minimum Spread

Typical Spread

Swap Long

Swap Short

AUDCAD

0.2

3.3

0,51

-0,52

AUDCHF

0.2

2.9

0,77

-0,65

AUDNZD

0.2

5.0

0,07

-0,02

AUDJPY

0.2

2.0

0,72

-0,71

AUDUSD

0.2

1.4

0,65

-0,6

CADCHF

0.2

3.0

0,15

-0,31

CADJPY

0.2

2.5

0,14

-0,32

CHFJPY

0.2

2.1

-0,18

-0,02

EURAUD

0.2

2.6

-1,01

1,1

EURCAD

0.2

4.3

-0,42

0,1

EURCHF

0.2

2.5

0

-0,2

EURGBP

0.2

1.9

0,07

-0,01

EURJPY

0.2

2.3

-0,06

-0,12

EURNZD

0.2

5.5

-1,4

1,25

EURUSD

0.2

1.1

-0,08

-0,11

GBPAUD

0.2

3.4

-1,2

1,21

GBPCHF

0.2

5.0

0,12

-0,21

GBPCAD

0.2

5.8

-0,53

0,18

GBPJPY

0.2

2.8

-0,02

-0,21

GBPUSD

0.2

1.9

0,1

-0,15

NZDCAD

0.2

3.8

0,54

-0,53

NZDCHF

0.2

4.0

0,71

-0,64

NZDJPY

0.2

2.7

0,76

-0,86

NZDUSD

0.2

2.4

0,8

-0,54

USDCAD

0.2

2.0

-0,3

0,23

USDCHF

0.2

1.9

-0,04

-0,1

USDJPY

0.2

1.1

-0,09

-0,1

USDSGD

1

4

-0,02

-0,05

XAUUSD

10

30

-2,01

-1,32

XAGUSD

2

5

-1,56

-1,03

EUR/USD spread starts from 0.2 pips on Unlimited accounts

■ 2.0 pips EURUSD spread on Fixed-Spread Accounts

No commissions are charged by FBS

TRADING PLATFORM & MOBILE

 

FBS TRADING PLATFORM & MOBILE

FBS is offering MT4 and MT5

Scalping and Hedging are allowed at FBS.

Demo account is available at FBS

FBS offers a mobile version of Metatrader4 for iPhone, Android, and Windows Mobile

Trading server: GMT+3

 

NEW ACCOUNT INFORMATION

The minimum initial deposit required for opening an account on FBS is 1 USD.

Account Currencies: EUR, USD

TRADING ACCOUNT TYPES

Here are all the Account Types at FBS:

  Cent Standard Fixed Spread Unlimited
Minimal deposit 1 USD 500 USD
Minimal lot size 0.01 0.1
Max Leverage 1:1000 1:500
Min Spread Floating Spread from 1 pip Floating Spread from 1 pip Fixed Spread from 2 pips Floating Spread from 0.2 pip
Precision pricing 5 digits
Account Currencies USD, EUR
Margin Call / Stop Out levels 40% / 20%
Automated Trading Yes
Scalping / Hedging Yes

Open a New Account with FBS

 

FBS FUND METHODS

FBS Fund Methods:

Credit / Debit Cards

Bank Wire

MoneyBookers

■ WebMoney

■ Neteller

Western Union

■ MoneyGram

■ FasaPay

■ EgoPay

-Additional Fund methods are available

-No withdrawal fees are charged

 

 

FBS Review Conclusions:

FBS is an ECN /STP broker owned by FBS Markets Inc. FBS was found in 2009 and has headquarters in Russia. The broker maintains also offices in many Asian countries (Indonesia, Malaysia, China). FBS is regulated by CRFIN (Russia). The asset index contains 28 Forex pairs, CFDs, Futures and Gold and Silver on spot. As concerns trading platforms, FBS offers only MT4 and MT5 desktop but also an MT4 mobile trader for all the popular mobile devices (Android, iOs, and Windows). Automated trading, scalping, and hedging are all allowed. The broker offers fair trading conditions. EURUSD spreads start from 0.2 pips but the typical EURUSD spread starts from 1.0 pips. FBS offers also Fixed spreads starting from 2.0 pips (2 pips for EURUSD and 3 pips for GBPUSD and USDJPY). The trading leverage can be up to 1000:1.

The minimum deposit to open an account is just $1 while an account may be held in EUR or USD. Many fund methods are available by FBS including Cards (Visa, MasterCard), WebMoney, Wire Transfers, MoneyBookers Skrill, WebMoney, MoneyGram, PerfectMoney, EgoPay, DixiPay, OKPay, Neteller. No deposit or withdrawal commissions are charged by FBS. There are four main account types available (check table above) but true ECN execution seems to appear only in the Unlimited Account type as this account offset directly into the Currenex ECN system. As concerns innovation, FBS provide a pretty unique deposit insurance system (a fee is paid in order for the broker to cover part of the potential loss). They also provide a number of contests and free tools. The Fx-Bazooka for example which operates as an information center between Forex traders. The customer service is 24/5 available via Chat, Phone, eMail, and Forum. The broker at the time of this review offers a 60% deposit bonus.

 

FBS REVIEW PROS & CONS (According to competition)

FBS REVIEW CONCLUSIONS

FBS PROS

FBS CONS

√ ECN Trading (Unlimited Account Type)

√ Fair trading spreads and no commissions charged

√ 28 Forex Currencies plus Futures and CFDs

√ Segregated Client Bank Accounts

√ Automated Trading and Scalping

√ Many Promotions including Demo Contest

√ 60% deposit bonus (at the time of the review)

X Regulated only by CRFIN Russia

 

Visit the FBS Website

 

 

L MORE REVIEWS

• COMPARE

□ Forex Brokers Comparison □ Expert Advisors (EAs) □ Forex Trading Systems    

• ECN BROKERS

HotForex  JustForex IC Markets FXCC Forex

LQDFX

• STP BROKERS

► XM IronFx FBS (Russia)    

 

FBS Review

TradingCenter

Pin It

About TradingCenter

TradingCenter provides essential information and tools for learning and trading the Global Financial Markets. TradingCenter helps investors to improve their skills and their level of understanding regarding core mechanisms of the trading process.

Latest

18 March 2019
17 March 2019
© (2012-2019) TradingCenter.org by Qexpert.com

Search