FBS review - Regulations, Trading Platforms, Leverage and users Ratings.

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!

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, justo 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. It is ok for me.

Mar 18, 2021 - 4 Stars I started trading Forex with another broker then tried FBS. Almost two years after I can assure FBS is good not only for beginners. It is good for intermediate traders too.

It is not perfect (they do not have cryptos yet), but it is good.

Jan 25, 2021 - 4 Stars Eighteen months ago I started one demo account with FBS. Later a real account. Untill now, everything is fine, including some promos that I have enjoyed like bonuses and cashbacks.
Their educational material is helpful and support is newbie friendly. To be 5 stars, I think they should have few limitations in bonuses accounts, but nothing is perfect :)

May 21, 2020 - 4 Stars I'm trying a new feature from this broker and it is being very convenient for me. They call it mobile personal area and it allows me to manage my account and my (veeery small) funds from anywhere. Since I'm a beginner forex trader (just for fun), it is very convenient because I can manage account and trade from bus, school or work. Anywhere. It is good for me.

Apr 6, 2020 - 4 Stars I'm a beginner in forex, just learning. So I started learning the markets with more experienced traders. And FBS has a Copy Trade app - a kind of social trading in mql5 - that is good for me. In the meantime I'm studying forex to make my own trades in future. It is good for me.

Reply by FBS Official Rep submitted Jan 27, 2021 Thank you for your positive comment! We appreciate your feedback and we will continue to do our best. If you have any questions, we will be glad to help you via support@fbs.com or in online chat which you can find directly in application.

I have been trading with FBS for over a year now and all deposits are instant and made couple of withdrawals lately mostly the initial deposit funds so far all withdrawals came through without any issue. Yet to check on how my withdrawals requests for profits will go through in future. The time frame for processing my withdrawal request is usually between 12 to 24 hours. If it is Sunday you would have to wait a bit more time as per my experience.

Overall FBS is working good so far for me, only exception I gave 4 star is their spreads are a bit high on standard accounts when compared to other brokers. Apart from that all good so far.

Hello, on 19.10.2022 I sold a tesla stock before earning the report and the next day I made a profit from my trade. On 26.10.2022 I sold Facebook stock before the earnings report and when FBS realized that Facebook was dropping about 20% during pre-market they decide to manually set TP on my Facebook trade hence preventing me from making almost 3000USD profit the next day. I complained to FBS and they informed me that according to the FBS agreement they are allowed to set TP for a client. I asked them why they didn't set a TP to the Tesla trade because the Tesla trade had the same trade condition as the Facebook trade and they failed to give me a satisfactory answer. FBS's failure to set TP on Tesla trade made me risk 200USD on the Facebook stock with FBS and I lost 147USD plus profits I would have made if I had traded with another broker. My account number is 25467762

Good Day Friends,

FBS has withheld an amount of $30,794.00 and has refused to refund me the funds despite the IFSC asking them to settle a dispute we have.

I owe the bank this money and interest has been adding up as FBS refuses to listen to the IFSC who regulates the FBS License.

Do not trust them with your money as i did.

They are not the best broker as they will not even settle the case with me and resolve as advised by the IFSC.

I trust FBS will settle my case once and for all so I can settle the bank debt I have.

Feb 4, 2021 - 1 Star FBS offers a highly toxic & addictive service. Marrch (Satthakarn Chuenkomol) - CEO refuses to refund me my money!

Reply by FBS Official Rep submitted Feb 8, 2021 Unfortunately, you didn't leave any details so we could check and give you a proper answer.

Please contact us via live chat or support@fbs.com so we could take a look closer at your situation.

We will be happy to help!


FPA Review Moderation Team Note: Moey007 did leave an account number. You should be able to see it when you are logged in as a representative.