FBS Review 2022
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| FBS is a top online broker offering MT4 & MT5 trading across a range of instruments. | ||
FBS is a multiple award-winning broker that provides access to Forex, CFDs, indices, shares, commodities. With FBS traders can use both the MetaTrader4 and MetaTrader5 platforms.
In terms of features offered to traders, FBS has Demo Accounts, Islamic Accounts, Social Trading and Auto Trading but is missing Signals.
FBS also gives traders access to 5 cryptocurrencies: BTC, ETH, LTC, XRP and BCH.
Careful traders will be pleased to know that FBS is licensed to provide trading services by multiple regulatory bodies, 4 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 | ASIC 426359, CySEC 331/17, IFSC/000102/198, FSCA 50885 |
| 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 |
|---|---|
| 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 |
Cryptocurrency Trading
FBS Offer trading on crypto pairs, and fiat / crypto pairs such as BTCUSD and LTCUSD (35 pairs)
| Spread | Floating |
|---|---|
| Coins | BTC, ETH, LTC, XRP, BCH |
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
- WeChat Pay
Awards
FBS is a multiple award-winning broker, with 7 awards received so far.
- Most Reliable Forex Broker MENA 2020
- Best Social Trading Application MENA 2020
- Best Mobile Trading Platform Asia 2020
- Best FX broker Europe 2019
- Best FX IB ProgramMost Transparent Forex Broker 2018
- Best Forex Broker Asia 2018
- Best Safety of Client Funds Asia 2015
FAQ
Is FBS Safe?
Yes, we have given FBS a high 80% trust score in this review and believe traders should be safe here.
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 4 different regulators: ASIC 426359, CySEC 331/17, IFSC/000102/198 and FSCA 50885.
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.
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| FBS is a top online broker offering MT4 & MT5 trading across a range of instruments. | ||