FBS is a Non Dealing Desk, non market maker broker, which forwards all the customer's orders to the interbank market. This indeed requires time, which cannot be shortened due to objective reasons.
...We would also like to remind you, that despite the common belief, fastest on Forex does not mean the best, as some brokers might promise you faster execution without actually forwarding your orders to the interbank market, which might mean, that you will not be actually trading on Forex Market.
Unfortunately, we cannot consult you regarding the speed of order execution in a different broker company, however we can assure you that the orders on our ECN account are processed as fast as possible and are forwarded to the interbank market.(
If you are having a serious problem with a company, you should open your own thread in Scam Alerts and give details.According to my experience, FBS has worst latency and tremendous slippage (see the pictures for details).
View attachment 53100
As you can see, the time for opening the sell position is 2391 millisenconds (more than two seconds) and the time needed to close it is 1859 milliseconds (more than 1.5 seconds): these numbers talk enough, no comment is needed.
More, the negative slippage I got for this trade was 457 points, it means 45.7 PIPs...!
It's a very, very, very negative behavior.
Stay away from this broker.