FBS broker review 2025 ++ Is it scam or not? Real test

FBS broker review 2025 ++ Is it scam or not? Real test

fbs forex review

To open the ECN account, you need to make an initial deposit of $1000. The spread on the ECN account is ultra-competitive, hence FBS requires a commission of $6. In the demo version of the account, all the tools and features are similar to the real account but no real capital is needed to execute trades. Basically, the demo account becomes a trial of sorts for users who want to venture out to try new account types. For the more advanced traders, the recommendation based on the FBS forex review is either the Standard, Zero-spread, or ECN account.

Does FBS provide VPS?

  • FBS Trader supports all the trading tools and provides important statistical reports, updated in real-time for the latest information.
  • The second feature that you can enjoy as a trader is the MetaTrader 4.
  • Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
  • However, the company reserves the right to withhold previously reimbursed amounts in case of abuse of the commission compensation policy or lack of trading activity.
  • Having a responsive customer service team that can be contacted easily is important should you encounter any issues.
  • MT4 provides a trading experience that is seamless and easy to understand.
  • FBS has no trading restrictions, meaning any strategy can be used at this broker, including hedging and scalping.

Some users praise its competitive spreads and various offerings, but others face issues with executing withdrawals and funding transactions. Customer support can be an area for improvement, as many users reported inconsistent quality. While some traders were happy about the responsiveness of the customer support employees, many expressed their frustration.

Money Protection

From our experience, the FBS Trader is better than the MetaTrader mobile app because it is more user-friendly. Get access to over 250 different markets with your mobile phone. You can set prices and news alerts so that you do not miss anything on the markets. With the FBS Trader, it is very easy to trade, but we recommend using the demo account first to practice it. In addition, you can make deposits and withdrawals directly in your mobile app. To evaluate brokers, we test the accounts, trading tools and services provided.

FBS Features, Charting, and Analysis

Two accounts are available at FBS, along with the Crypto Account. These restrictions are primarily due to international sanctions and local financial regulations. Traders from these regions are advised to consult local laws and regulations before attempting to use FBS’s services. The FBS website does very well in supporting a total of 6 different languages. This includes EU languages and Asian languages including English, Spanish, Portuguese, Indonesian Bahasa, Malay Bahasa, and Thai.

Step 1: Open a Trading Account

Once you deposit $100, you become eligible for freebies and gifts that enhance your trading journey. The higher the deposit, the better promotions and bonuses you’re eligible for. Additionally, your chances increase when you become more active.

  • And also please add a feature of countdown bar close to the price, it helps us to execute trades accurately.
  • The broker tries to give a trader the best conditions for his capital.
  • In this review, we will take an in-depth look at FBS, exploring its features, pros, cons, and more.
  • FBS aims to ensure quick and efficient deposit and withdrawal processing to give traders timely access to their funds.
  • He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.

FBS offers better-than-average spreads in some instruments, like forex majors, but there is room for improvement in other asset classes. The broker does not charge for deposits and withdrawals, and there are no account maintenance or inactivity fees. FBS offers a relatively extensive and high-quality set of analytical tools and materials. This enables traders to get relevant information and develop their professional fbs forex review skills. Like most other trading platforms, the main source of revenue for FSB comes from added spreads on trades and commissions and fees.

fbs forex review

Does FBS Offer Low Forex Trading Fees?

The FBS regulation allows the site to follow the licenses based on any user’s country that is available by the platform. To mention again, FBS is regulated by CySEC, IFSC, FSCA, and ASIC. From our review broker FBS, the customer service will more or less respond within 24 hours.

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