FBS Review 2021
FBS is a multiple award-winning broker that provides access to Forex, CFDs, indices, shares, commodities. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at FBS.
In terms of features offered to traders, FBS has Demo Accounts, Islamic Accounts, Social Trading and Auto Trading but is missing Signals.
Careful traders will be pleased to know that FBS is licensed to provide trading services by multiple regulatory bodies, 2 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.
FBS Summary
FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.
Ratings
Bonus | None |
---|---|
Instruments | Forex, CFDs, indices, shares, commodities |
Demo Account | ✓ |
Min. Deposit | $1 |
Min. Trade | 0.01 lots |
Regulated By | CySEC, IFSC |
MetaTrader 4 | ✓ |
MetaTrader 5 | ✓ |
cTrader | ✗ |
DMA Account | ✓ |
ECN Account | ✗ |
Mobile Apps | ✓ |
Auto Trading | Yes (EAs) |
Trade Signals | ✗ |
Social Trading | ✓ |
Copy Trading | ✓ |
Islamic Account | ✓ |
CFD Trading
Invest in the markets with CFDs at FBS.
Leverage | 1:30 (EU), 1:3000 (Global) |
---|---|
FTSE Spread | N/A |
GBPUSD Spread | 1.3 |
Oil Spread | 2 |
Stocks Spread | Variable |
Forex Trading
Trade on nearly 50 leveraged forex pairs.
GBPUSD Spread | 1.3 |
---|---|
EURUSD Spread | 0.7 |
EURGBP Spread | 2.7 |
Assets | 44 |
Binary Options Trading
Payout Percent |
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Payment Methods
FBS accepts the following payment methods:
- Visa
- Neteller
- Skrill
- Wire Transfer
- Rapid Transfer
- Mastercard
- Swift
- Sticpay
- WorldPay
- Western Union
- RBK Money
- Credit Card
Awards
FBS is a multiple award-winning broker, with 7 awards received so far.
- Most Transparent Forex Broker 2018
- Best Forex Trading Account 2018
- Best Copy Trading Application Global 2018
- Best Forex Broker Asia 2018
- Best Investor Education 2017
- Best Safety of Client Funds Asia 2015
- Best broker in Asia-Pacific region 2015
FAQ
Is FBS Safe?
Yes, most likely, as we gave FBS a trust score of 60% in this review. The main negative factor in this score is that FBS is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does FBS Accept PayPal?
No, FBS does not accept PayPal payments.
Is FBS Halal?
Yes, FBS does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does FBS support?
With FBS you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.
Is FBS Regulated?
Yes, FBS is regulated by 2 different regulators: CySEC and IFSC.
The fact that FBS is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
FBS vs Other Brokers
If you want to compare FBS with other brokers, use the detailed comparisons below.
FBS vs