FBS FBS Forex Review

FBS Forex Broker Review & Rating | FBS Metatrader | fbs.com forex trading

Headquarters:  Plaza 2000, 10th Floor, 50th Street, Panama, Republic of Panama.

Country: Panama 

Website: www.FBS.com

Bonus:

$5 no deposit bonus!
Open an account and get $5! No deposit required! 

Guaranteed deposit!

With FBS you can be sure that in case you lose your deposit FBS will return it!

Trader's rate 3.8
Editor's rate 4.1
12 reviews

Micro Account:

minimum deposit: $5

minimum lot size: 1k (0.01 lot)

max leverage: 500:1

 

Standart Account:

minimum deposit: $25

minimum lot size: 10k (0.1 lot)

max leverage: 500:1

 

Unlimited Account:

minimum deposit: $1,000

minimum lot size: 10k (0.1 lot)

max leverage: 500:1

 

Spread:

Fixed, from 2 pips on Micro accounts

Floating, from 0.4 pips on Unlimited accounts

 

Deposit/Withdraw

Bank Wire, Credit card,  MoneyBookers, WebMoney, Liberty Reserve, PerfectMoney, UnionPay

 

Platform:

Metatrader 




The service that we like the most about FBS is the deposit insurance, which helps you to insure between 10% and 100% of your deposit – as long as you have traded a certain number of lots, the broker pays you back the insured amount in case you lose it. This way you can stop worrying about your investment, and can focus on making some dough instead. 

 
And now some more detail. FBS is an international forex broker that offers three different account types to meet the needs of every trader, irrespective of their skill levels and portfolio sizes. 
 
The minimum deposit with FBS is $5 – and you can actually trade with the this amount because of the maximum leverage of 1:500 and micro lot trading possibility. What's even better is that you don't need to deposit in order to try out the broker's services, as FBS offers a $5 no deposit bonus for anyone who opens a Micro account. 
 
And this is not the only bonus offered by the broker: every deposit made via the Liberty Service payment option is topped up by 3%, and every deposit made in general is eligible for a 30% bonus with no cap. 
 
For the more competitive traders, FBS hosts a monthly demo contest, where winners get to share a prize pool of $999. 
 
Complimentary services are also available: the broker offers a branded FBS MasterCard that enables traders to make faster and more convenient payments to and from their trading accounts. While the card is available to any trader at the cost of $20, those who deposit $500 or more get it for free. 
 
 
As far as trading conditions are concerned, FBS' offering is pretty standard: ECN/STP execution, average spreads (2 pips fixed on EUR/USD for Mini accounts, typical variable spread of 2 pips on EUR/USD for Standard accounts and 1.1 pips for Unlimited). 
 
Swap-free accounts and scalping are allowed. FBS doesn't accept U.S. traders.
Latest news about FBS

Spread

Variable spreads as low as 1 pip
Typical spreads:   EUR/USD -2 | GBP/USD –3 | USD/CHF -3 | USD/JPY –2

Pros

Cons

No Commissions 

Fixed or variable spreads - you choose

No

 

Slippage

Pros

Cons

No slippage during normal market conditions

Slippage during news releases 

 


 

Requotes

 

Pros

Cons

No requotes during normal market conditions

 

Requotes during news releases

 

 

Price feed

 

Pros

Cons

No fractional pips

No stop hunting

No price manipulaton 

No

 

 

 

Platform

Pros

Cons

Metatrader 4.0

Very intuitive and easy to handle

Decent charts

Autotrading

Custom indicators

Mobile ready

Some freezes during news releases

Trailing stop is server based

No Web Platform 

 

 

 

Deposit/Withdraw

 

Deposit

Withdraw

Wire пїЅransfer

Credit Card

Web Money

Perfect Money

MoneyBookers

 Wire пїЅransfer

Credit Card 

Web Money

Perfect Money

MoneyBookers

 

Customer service

 

Pros

Cons

Customer service reps are always polite and ready to help

Phone

Request A Call

Live Chat

E-mail  

No

 

 

 

 

 

Summary

 

Pros

Cons

Normal spreads

Metatrader platform

Decent price feed

Various deposit and withdraw methods

Hedging allowed

Scalping allowed

 

Slippage during news releases

 

 

 

 

 

 

 

Traders` reviews for FBS Add review

FBS is a scam broker

They lied to me 4 times and they changed the swap value at 1.1% per night.

In the same time my friends had a 0.64 swap value on the same pair.

THEY DON'T ACCEPT ISLAMIC ACCOUNTS. IT'S A LIE.

Al 08/13/2012

FBS Forex is the best broker for my trading style

I have traded with many brokers and so far FBS seems to be fitting my style best. Their services are of great value, no re-quotes and scalping is not restricted. Customer care is also good. I give them 5 stars.

jimmy h. 06/25/2012

Scalping is allowed on FBS

So far I am satisfied with FBS as a broker – they have fast execution, stable servers and adequate customer service. Scalping is allowed and they offer good bonuses and promotion, and the withdrawal process is quick and simple.

Ollesia 05/25/2012

FBS forex is not a scam

c'mon guys, we all know what scammer means. FBS - scammer? no way, I would not agree with that! all we are to do is to follow the rules and be careful with trading, market changes do not depend on FBS, you know that, so..? I'd say that FBS is a good broker. Their trading conditions are fine and they have MT4 with good server, seriously. I enjoy trading with them (8 months already)!

Trust me, this is the broker you can rely on and enjoy trading with!

Caroline 08/18/2011

Experience is the key

@Caroline: Agree!
To have a good trading result you should have experience in trading and if you don't then broker is not the one to blame ;-)

Danny 08/18/2011

hm, sorry for misprint, guys..))

FBS is a GOOD broker ;-)

Michael 08/16/2011

FBS is a god broker!

FBS is a god broker!
they really follow the rules they write and they give $5 bonus! I made almost $150 of it and got my profit! the main thing here is to be sure that you are aware of what you are doing and how you trade!
I don't know about 3-6 hours, my withdrawal was done for an hour, guess I am lucky :)

Seriously, this is a good broker. FBS, i mean. YEah, customer support is really nice, they help. seems like they have a lot of ppl out there who work for us, traders.
so, i give 5 stars

Michael 08/16/2011

At first I tried FBS just for the free bonus

I worked about 2 Month with FBS , Your program is really fantastic, I already recommended many people to join FBS.

And to add about FBS is that, FBS is one of the best brokers in Forex today, I've had nothing but great experiences with them!

I am very glad to join this broker . They have friendly live support and fast payment .
At first I tried FBS just for bonus but now I already opened a standard account and am glad that i didnt make a wrong decision.

Thank You FBS! Keep up with good work!

Akshaya Desai 08/16/2011

Fbs is a really Good Broker

Fbs is really Good Broker, I've been trading with Fbs for 6 month even I trade with another Broker as well. but FBS has the Fastest Server. i started trading with FBS from 5$ bonus even though I lost it, i didn't give it up, so I start to deposit myself starting from 20$ and I start Using the expert Advisor and Bollinger Band I earn 578$ for one week, and now even bigger. They got Very kind and Helpful Costumer Service which help 24/5. and The best you can Join Competition each month and the Prize is Withdrawable. and also 25% Bonus which Strengthen The Margin. So If all of u want To Trade As Fast as the Fastest Ferrari Try FBS =)

andre 08/16/2011

FBS is a scam broker

4 Stars !!!!!


they are scam !!

i swear the are a scam

A.G 02/09/2011

FBS Forex is a scam!

Yes they are a scam !

My advice : Don't trade with them

Maria 02/09/2011

FBS Forex: No slippage, no requotes

no slipage, no requote during high ipact news as NFP, I give 4 stars, price feed, customer service I give 5 stars, spread I give 3 star. Platform I give stars. Deposit is instan when withdrawal take 3-6 hours on work day I give 4 stars. Overall 4 star

hendra dermawan 10/03/2010