FBS review - Regulations, Trading Platforms, Leverage and users Ratings.
2.552 •
354 REVIEWS
Finance Brokerage Services
Updated: Oct 2, 2023
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FBS.com
4 star review by chico.trader, Brazil
I'm a forex newbie from Brazil and FBS is one of the few brokers that offers a full experience for Brazilian traders. I mean, support in Brazilian Portuguese, local Facebook page, training material in PT-BR also etc. Even messengers like Telegram and FB Messenger available for me in my language. This is a huuuge difference from other brokers that accept customers from Brazil. Since fx is not regulated here (not illegal too, just not regulated) and brokers cannot offer the service for us, FBS ends being the only one fully available. And I had zero issues with them in more than a year using the service...
What is FBS?
FBS is an international forex and CFD broker established in 2009 with headquarters in Belize and regional offices in Cyprus and Marshall Islands.FBS Broker Regulations.
FBS is regulated in:
- Australia by ASIC (#426359)
- in Belize by the International Financial Services Commission (IFSC #IFSC/60/230/TS/18)
- in Cyprus by the Cyprus Securities and Exchange Commission (CySEC #331/17)
- in South Africa by the Financial Sector Conduct Authority (FSCA #50885)
FBS Platforms and Trading Styles.
FBS offers the MT4 and MT5 platforms. This includes desktop, mobile and web versions. FBS also offers its own proprietary trading platform, FBS Trader.All trading styles are permitted including EA/Robots, Scalping, and News Spike Trading.
FBS Account Information and Trading Instruments
- The minimum trade size offered by FBS is 0.01 lots.
- The maximum leverage on forex pairs is 3000:1.
- The minimum amount of deposit to open a live account is $1
Leverage frequently varies by item being traded and may also vary based on account type, what country you are based in, and other factors. Please consult the FBS.com website or contact the company’s support to be sure you understand all the details of any items you wish to trade.
FBS Deposit and withdrawal methods
Deposit and withdrawals choices for clients of FBS include VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, and SticPay.
Deposit and withdrawal methods may vary over time. Not all methods may be available in all countries. Please check with broker support or visit their website for the most current information on available deposit and withdrawal options.
FBS Trading Restrictions.
FBS does NOT accept clients from the USA. FBS also does not accept traders from Brazil, Canada, Iran, Israel, Japan, Malaysia, Myanmar, the United Kingdom.
Please read FBS Broker Reviews below and share live trading experiences with this company.
Other websites of this company include fbs.eu, fbsaustralia.com, fbs.ae, fx-fbs.cn, fbs-india.com, fbs.id, mstradefbs.com, frfbs.com, jpfbs.com, esfbs.com, ptfbs.com, fbs.ae, vnfbs.com, fbsaustralia.com, fbsidbroker.com, turkfbs-invest.com, etc.
Broker Details
| Minimum Trade Size: | 0.01 |
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| Maximum Leverage: | 3000:1 |
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| Minimum to Open Live: | $5 |
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| Established: | 2009 |
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| Address: | 2118, Guava Street, Belize Belama Phase 1, Belize, Belize |
| Contact: | support@fbs.com, +35 7251 23212 |
| Regional offices: | |
| Regulators: | ASIC #426359, FSC #IFSC/60/230/TS/18, CySEC #331/17, FSCA #50885 |
| Prohibited countries: |
| Trading platforms: | MT4, MT5, WebTrader, FBS Trader |
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| Web Trading: | ✅ Yes |
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| Mobile Trading: | ✅ Yes |
| Currencies: | (35+) |
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| Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
| CFD: | (145+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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| Hedge: | ✅ Yes |
|---|---|
| EAs/Robots: | ✅ Yes |
| News Trading: | ✅ Yes |
| Scalping: | ✅ Yes |
| Deposit Methods: | VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay |
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| Withdrawal Methods: | VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay |
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2.552 •
354 REVIEWS
Recent User Reviews of FBS
A
Athicha Sukharom
Thailand, Thailand,
Sep 19, 2023,
Registered user
FBS Broker Seizes Profits
Service use: Live
Length of use: 0-3 Months
FBS is no longer the trustworthy broker it used to be. If you make money, they will do everything possible to seize your profits. My account is 110190881. After trading with FBS brokers for a month, I earned a profit of $9682. However, on September 13th, the FBS brokers shamelessly seized the $9682 profit in my account. Afterwards, I actively communicated with the FBS brokers, but they made various excuses to say that my account had illegal activities, but they were unable to provide any evidence. This is my experience, please take it as a warning.
Reply by FBS Official Manager submitted Sep 27, 2023:
Dear Athicha,
We want to investigate your case in more detail to understand better what happened to your account 110190881 on September 13 and take appropriate steps to resolve this issue.
Sincerely,
FBS Team.
We want to investigate your case in more detail to understand better what happened to your account 110190881 on September 13 and take appropriate steps to resolve this issue.
Sincerely,
FBS Team.
K
Kaseamsan Sartsamai
Thailand, Thailand,
Sep 14, 2023,
Registered user
Seize account funds and refuse customer withdrawals
Service use: Live
Length of use: 0-3 Months
Please refer to the FBS platform's overlord clause. On September 12th, the FBS platform seized $13643.56 from my account. The process is as follows: my account is 110182935/110190744. I deposited and started trading on August 7th, and everything went smoothly. However, on September 12th, the FBS platform sent an email stating that I violated clause 5.8 of the customer agreement. After detailed inspection, it was found that I did not violate any of clause 5.8 of the customer agreement. I actively communicated with FBS about this, but they repeatedly emphasized that I violated the FBS customer agreement, And confiscated $13643.56 from my account. The FBS platform has no basis for doing so, and they have not provided any evidence. Do they only allow losses and not profits?
Reply by FBS Official Manager submitted Sep 27, 2023:
Dear Kaseamsan,
We have carefully reviewed your complaint and the situation you have raised regarding the FBS platform. Let us respond to your comment directly.
At FBS, we have established policies and regulations to provide clients a safe trading environment and maintain transparency in our operations. We strictly follow them and expect the same from our dear clients. Kindly remind you that you were asked to read and accept the terms and conditions of the Customer Agreement upon your registration at FBS. Our customer support team contacted you and requested additional information for the internal investigation. Unfortunately, you have not provided it. We have informed you about the status of your case at each stage by email. Our clients can only withdraw profits from trading accounts if it is consistent with the conditions.
Moreover, we are interested in our clients trading profitably, and we try to help them in this: we monitor the quality of educational material we provide, conduct seminars, publish financial news, etc. Your satisfaction as a trader is essential, but we must ensure that all clients comply with the agreed-upon terms. If you still have questions, please address them to our support team via support @ fbs.com. They will gladly assist you. Have a lovely day.
Sincerely,
FBS Team.
We have carefully reviewed your complaint and the situation you have raised regarding the FBS platform. Let us respond to your comment directly.
At FBS, we have established policies and regulations to provide clients a safe trading environment and maintain transparency in our operations. We strictly follow them and expect the same from our dear clients. Kindly remind you that you were asked to read and accept the terms and conditions of the Customer Agreement upon your registration at FBS. Our customer support team contacted you and requested additional information for the internal investigation. Unfortunately, you have not provided it. We have informed you about the status of your case at each stage by email. Our clients can only withdraw profits from trading accounts if it is consistent with the conditions.
Moreover, we are interested in our clients trading profitably, and we try to help them in this: we monitor the quality of educational material we provide, conduct seminars, publish financial news, etc. Your satisfaction as a trader is essential, but we must ensure that all clients comply with the agreed-upon terms. If you still have questions, please address them to our support team via support @ fbs.com. They will gladly assist you. Have a lovely day.
Sincerely,
FBS Team.
P
Phannipha Phimpha
Thailand, Thailand,
Sep 13, 2023,
Registered user
Deduction of profits to prevent withdrawal
Service use: Live
Length of use: 0-3 Months
FBS is not a trustworthy broker. If you make money, they will deduct your profits without notifying you and make excuses to say that you have violated customer agreements, but they cannot provide relevant evidence. This is the shameless behavior of FBS brokers. The reason I say this is because I am one of the victims and I want more traders to know. Now I only want to get my own profit.
Reply by FBS Official Manager submitted Sep 27, 2023:
Dear Phannipha,
We thank you for taking the time to leave a review about our services.
However, we would like to clarify the situation to eliminate further misunderstandings. First, we would like to inform you that FBS is authorized and regulated by the Belize Financial Service Commission (FSC). FSC serves as a financial services regulator at the international level and ensures that only the company's high degree of reliability and social responsibility can carry out its activities in Belize and beyond.
We value the rule of international law. Our customer support team contacted you and requested additional information for the internal investigation. Unfortunately, you have not provided it.
Kindly, consider that we have justified our position on this case and the reasons in our correspondence with you. Finally, if you still have questions, please continue communicating with the customer support team through email support @ fbs.com.
Have a great day. Warm regards,
FBS Team.
We thank you for taking the time to leave a review about our services.
However, we would like to clarify the situation to eliminate further misunderstandings. First, we would like to inform you that FBS is authorized and regulated by the Belize Financial Service Commission (FSC). FSC serves as a financial services regulator at the international level and ensures that only the company's high degree of reliability and social responsibility can carry out its activities in Belize and beyond.
We value the rule of international law. Our customer support team contacted you and requested additional information for the internal investigation. Unfortunately, you have not provided it.
Kindly, consider that we have justified our position on this case and the reasons in our correspondence with you. Finally, if you still have questions, please continue communicating with the customer support team through email support @ fbs.com.
Have a great day. Warm regards,
FBS Team.
D
drVladimirMarkovic
Belgrade, Serbia,
Feb 9, 2023,
Registered user
great service
Service use: Live
Length of use: over 1 Year
I was trading with FBS for years. Never had any problem with tham. During this period I regulary withdraw profit (small amounts, up to few thousant eur) and money was on my scril in hours.
Almost year ago FBS stop working with client in Serbia. I kind a predict that could hapend so I withdrawl most of my money. Small amount was left on account. I was really angry on FBS because thay didnt notice my about blocking account, and I stil think that wasnt nice, but I didn't do anyting about that ( it was just about hounder eur).
Today I conntacted tham about that leftover (almost year later) . They unblock my account for withdrawal and I had my money in minutes. I didn't belive this could happend. That is why I'm writing this review. :)
FBS is great broker. I'm so sorry that thay don't work with clienst from Serbia any more!
Almost year ago FBS stop working with client in Serbia. I kind a predict that could hapend so I withdrawl most of my money. Small amount was left on account. I was really angry on FBS because thay didnt notice my about blocking account, and I stil think that wasnt nice, but I didn't do anyting about that ( it was just about hounder eur).
Today I conntacted tham about that leftover (almost year later) . They unblock my account for withdrawal and I had my money in minutes. I didn't belive this could happend. That is why I'm writing this review. :)
FBS is great broker. I'm so sorry that thay don't work with clienst from Serbia any more!
1 trader has found this review helpful
Reply by FBS Official Manager submitted Aug 9, 2023:
Dear Vladimir Markovic,
Thank you for your honest feedback!
To our biggest regret, we had to make a hard decision to suspend the services in Serbia some time ago.
All Serbian clients with funds and active trading could close their pending and open orders and withdraw the funds via any of the available payment methods. We are always open to cooperation to resolve the issues of our customers.
We thank you for being a valued customer of our Company. May you have good luck and favor in your future endeavors.
Kind regards, FBS team.
Thank you for your honest feedback!
To our biggest regret, we had to make a hard decision to suspend the services in Serbia some time ago.
All Serbian clients with funds and active trading could close their pending and open orders and withdraw the funds via any of the available payment methods. We are always open to cooperation to resolve the issues of our customers.
We thank you for being a valued customer of our Company. May you have good luck and favor in your future endeavors.
Kind regards, FBS team.
Shankarandaru
Boyolali, Indonesia,
Nov 15, 2022,
Registered user
Fine broker but... (Please read for detail)
Service use: Live
Length of use: over 1 Year
First thing i like a lot about FBS is that it is a very versatile broker, and the most exciting is withdrawl time proccess is fast, really fast.
But nothing is without mistake, i guess it is an only lack/draw back for fbs. Their TP (take profit execution), they always fix as it is (not once i had possitive slippage) in the other hand, many of order stop and stop loss is often get negative slippage (gap). For me its an obvious conditioned environment by fbs. Keep in mind they is ecn/stp brokers. So i should get positive slippage on take profit which i never get it, even if just for once!
I hope FBS hear it and make them best!
But nothing is without mistake, i guess it is an only lack/draw back for fbs. Their TP (take profit execution), they always fix as it is (not once i had possitive slippage) in the other hand, many of order stop and stop loss is often get negative slippage (gap). For me its an obvious conditioned environment by fbs. Keep in mind they is ecn/stp brokers. So i should get positive slippage on take profit which i never get it, even if just for once!
I hope FBS hear it and make them best!
1 trader has found this review helpful
Reply by FBS Official Manager submitted Aug 8, 2023:
Hello Shankarandaru!
We are sorry to hear about this unsatisfied experience in your trading because the principal objective is for you to get the best experience with us. Your comment is important to us, so thanks for mentioning it.
We are working daily to increase the satisfaction of our clients, for example, with a fast withdrawal time process, as you mentioned; thank you very much for your comment.
Kindly remember that some processes occur automatically way; trading orders could be closed due to the Customer Agreement he agreed with;
If you need to, we will gladly attend to you to refresh o clarify any conditions you got doubts about. Please just write us at support@fbs.com or on any of our social networks according to your preference.
At FBS, we always hear our dear clients and work to their satisfaction.
Sincerely FBS.
We are sorry to hear about this unsatisfied experience in your trading because the principal objective is for you to get the best experience with us. Your comment is important to us, so thanks for mentioning it.
We are working daily to increase the satisfaction of our clients, for example, with a fast withdrawal time process, as you mentioned; thank you very much for your comment.
Kindly remember that some processes occur automatically way; trading orders could be closed due to the Customer Agreement he agreed with;
If you need to, we will gladly attend to you to refresh o clarify any conditions you got doubts about. Please just write us at support@fbs.com or on any of our social networks according to your preference.
At FBS, we always hear our dear clients and work to their satisfaction.
Sincerely FBS.
Frequently Asked Questions
Can FBS be trusted?
The the best way to answer if FBS can be trusted is to read the unbiased traders reviews on ForexPeaceArmy: https://www.forexpeacearmy.com/forex-reviews/5098/fbs-forex-brokers
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we recommend that you check recent FBS community discussions: https://www.forexpeacearmy.com/community/tags/fbscom/
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we recommend that you check recent FBS community discussions: https://www.forexpeacearmy.com/community/tags/fbscom/
What is FBS investment?
FBS is an online Forex Broker.
The investment options from FBS include Forex currency pairs, precious metals, CFDs and stocks.
These assets can be traded on FBS Trader, MetaTrader 4 and MetaTrader 5.
The investment options from FBS include Forex currency pairs, precious metals, CFDs and stocks.
These assets can be traded on FBS Trader, MetaTrader 4 and MetaTrader 5.
What is the minimum deposit for FBS?
The minimum deposit for FBS accounts is generally $1 but depending on the type of accounts there is minimum deposit recommendation.
- Cent Account, the minimum deposit is $1.
- Micro Account is $5.
- Standard Account is $100.
- Zero Spread Account is $500.
- ECN Account is $1000.
Can I withdraw FBS bonus?
The bonus program FBS offers currently is called $100 Bonus.
The $100 bonus itself can not be withdrawn but profits up to $100 made on the top of the $100 bonus is permitted to be withdrawn.
One thing please keep in mind that FBS changes the bonus program from time to time, please go to their website to check out the latest bonus offer.
The $100 bonus itself can not be withdrawn but profits up to $100 made on the top of the $100 bonus is permitted to be withdrawn.
One thing please keep in mind that FBS changes the bonus program from time to time, please go to their website to check out the latest bonus offer.
How long does FBS withdrawal take?
The amount of time a withdrawal takes depends on what withdrawal methods you use. Here is the usual time consumption for a few common payment processors.
- Electronic withdrawals (like Skrill, Perfect Money, etc.) usually are instant, sometimes may take up to 30 minutes.
- Bank card on the average takes 3-4 business days.
- Bank transfer withdrawals are usually processed within 7-10 business days.
How do I fund a FBS account?
- Log in to your FBS "Personal Area" and select the "Deposit funds" option in the Finances menu.
- Choose the suitable payment system and click on it.
- Specify the trading account you want to deposit to.
- Specify information about your e-wallet or payment system account if needed.
- Type the amount of money you want to deposit.
- Choose the currency.
- Click on "Deposit" button.
How do I withdraw money from FBS?
You can withdraw money from your FBS account in your personal area.
- Click on Finances in the menu on the left.
- Choose Withdrawal.
- Choose the suitable payment system and click on it.
- Specify the trading account you want to withdraw from.
- Specify information about your e-wallet or payment system account.
- For withdrawal via card click on "+" sign to upload back and front sides of your card copy.
- Type the amount of money you want to withdraw. 8, Click on "Confirm withdrawal" button.