FBS Markets Review & User Rating 2021

FBS is an international broker with more than 190 countries of presence and 12 years of expertise. FBS always shares knowledge via free seminars, special events, educational materials, and daily analytics. Moreover, 24/7 customer support quickly resolves incoming issues. Their incredible speed is fewer than 30 seconds per request. Both newbies and professional traders benefit from cutting-edge trading tools and transparent conditions for joining the team. Once on board, clients can make deposits and withdrawals via the most popular payment systems, use various trading instruments, and enjoy a split-second execution of operations.

FBS Markets
Regulated : CySEC, IFSC, IFSC
Min. Deposit : 1 USD
Max. Leverage : 1:3000
Headquarters : Russian Federation

FBS Regulations & Background

As we already told that FBS is very popular among both the traders and b2b partners, it also has a strong regulation by one the most popular regulatory body IFSC (International Financial Services Commission) under the license number IFSC/60/230/TS/17. It is also regulated by CySec. FBS is run by the base company FBS Markets Inc. Apart from its HQ in Russia, it is present in 197 countries including the satellite offices in China, Indonesia, Malaysia, Thailand, Myanmar, Korea & Egypt.

FBS Trading Platforms & Software

FBS contains almost all the common and important trading platforms for the traders. And here is the detail list below:

  • MetaTrader 4 (MT4): If you’ve a minimum knowledge of trading, then you must know Meta Trader is the most popular platform of this industry. And right now, in 2018, maximum users are subscriber of MT4 because this version is being used for many years.
  • MetaTrader 5 (MT5): Meta Trader released its MT5 version a few years ago with some new features like VPS support, 3 types of chart supporting 50 indicators & tools and so on. Now if you already used MT4 before, we’ll suggestion you to upgrade your platform gradually. But for all new traders, we’ll recommend to use MT5 from the beginning.
  • Mobile Trading: To keep the growing number of mobile internet users, FBS provides mobile version of all their trading platforms those are supported for Android, IOS and also for Windows phone.
  • WebTrader (Online FBS MT4 WebTrader): For all Mac and Windows PC users who want to make 1-click trade from online can use WebTrader of FBS MT4. This is a platform where you can easily login and check all updates, charts and initial trades. The pros of using web trader is the ease of trading and opportunity to get up to date all the time with all charts and updates. The con is you need to have a good internet connection every time.

Maximum Leverage & Margin

The most notable feature of FBS is it’s leverage limit. You can trade in FBS with a maximum leverage 1:3000 from leverage 1:50. It means you’ve the chance to maximize your profits up to 3000 times of your deposit. But don’t forget about the margin because FBS will also provide a margin to protect their funds. However, it also offers free deposit insurance where you can save your fund from 10% to 100%.

Average FBS Spreads & Commissions

Depending on accounts, FBS provides both fixed and floating spreads to their clients. Floating spread usually starts from 0.2 pip whereas fixed spread starts from 3 pips. Additionally, you can also trade with a fixed spread of 0 which expands your scopes of trading and help you to make quick money more easily.

FBS Trading Instruments

To start forex trading with FBS, you’ve to deal with three types of instruments. They are: currency pairs, CFDs and metals. And the most important news is FBS is now giving crypto trading services to their clients from a very low investment of 10 USD & 1:3 leverage. And it’s not only helpful to manage your crypto wallet, but also it enhances the security of your wallet, because you are purchasing digital coins through FBS who are solely responsible for protecting your coins. So, the risk of stolen of hacked crypto currencies is notably low here.

FBS Account Types

If you want to be a FBS trader, obviously the first approach will be creating an account with this broker. And the following types of accounts will help you to start your career in FBS markets.

  • Demo Account: This type of account is mainly given for absolute beginners so that they can practice trading in a real market but with demo money. It means you can participate in FX market, but your profit or loss will not be calculated really. Other than beginners, sometime experts also use this account to check the trading experience of the broker to compare with other brokers. But this ratio is too small.
  • Cents Account: This account is designed for the investors who just set their footprint in FX industry. It has the following specs:
  • Initial Deposit: 1 USD
  • Spread: From 1 pip (Floating Spread)
  • Commission: N/A
  • Leverage: Up to 1:1000
  • Micro Account: This account supports 35 currency pairs, 4 metals, 2 CFD & 4 cryptocurrencies. So, if you are a beginner & interested in any of these trading instruments, then go for it.
  • Initial Deposit: 5 USD
  • Spread: From 3 pips (Fixed Spread)
  • Commission: 0 USD
  • Leverage: Up to 1:3000
  • Standard Account: Since initial deposit for this account is little higher, that’s why we’ll recommend this account for the people who have at least basic practical trading knowledge.
  • Initial Deposit: 100 USD
  • Spread: From 0.5 pips (Floating Spread)
  • Commission: 0 USD
  • Leverage: Up to 1:3000
  • Zero Spread Account: Expert money makers can start trading FBS by this account. However, you need a very good knowledge on market & regular trading expertise to maintain this account.
  • Initial Deposit: 500 USD
  • Spread: From 0 pip (Fixed Spread)
  • Commission: From 20 USD per lot
  • Leverage: Up to 1:3000
  • ECN Account: This account supports only currency pairs which allows up to 25 types currency. But since, the initial deposit is high, we’ll suggest it for expert Forex traders.
  • Initial Deposit: 1000 USD
  • Spread: From 1 pip (Floating Spread)
  • Commission: 6 USD
  • Leverage: Up to 1:500
  • Unlimited Account: This account is also for experts. But there are some differences between zero spread & unlimited accounts. For instance, in unlimited account the market execution limit will be momentary whereas zero spread account needs at least 0.3 seconds to execute a trade.
  • Initial Deposit: 500 USD
  • Spread: From 0.2 pip (Floating Spread)
  • Commission: 0 USD
  • Leverage: Up to 1:500

FBS Customer Support

FBS has a multilingual customer support which supports 19 languages including Chinese, Russian, Arabic, French, Italian, Portuguese, Thai, Malay, Korean which covers a wide range of people around the world. Now let’s talk about the time. Like all other good brokers, they have a dedicated 24 * 7 customer support team for ensuring relentless support to the retail traders as well as the partners

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