FBS Review, fbs copytrade review.

Fbs copytrade review


Join live discussion of FBS.Com on our forum february 2011: the website appears to be blocked in the USA.

Actual forex bonuses


FBS Review, fbs copytrade review.


FBS Review, fbs copytrade review.


FBS Review, fbs copytrade review.


FBS review


Finance brokerage services


FBS are forex brokers. FBS offers the metatrader 4, metatrader 5, and MT mobile forex online trading top platforms. FBS.Com offers over 30 forex pairs, stocks, gold, silver, other metals, and cfds for your personal investment and trading options.


FBS


Related websites of this company include F-B-S.Com, hotoption.Com and https://fbs.Ae/.


February 2011: the website appears to be blocked in the USA.


Other websites of this company include fibexch.Com, fbs.Ae, fbs.Id, fbsforex.Com, fbs.Cn, jpfbs.Com, esfbs.Com, ptfbs.Com, fbs.Ae, vnfbs.Com etc.


FBS


Broker details


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Live discussion


Join live discussion of FBS.Com on our forum


FBS.Com profile provided by regina FBS, sep 5, 2019


FBS is an international broker with more than 190 countries of presence. 13 000 000 traders and 370 000 partners have already chosen FBS as their preferred forex company. We work since 2009 and provide fast and honest services.


Working with us is easy, convenient and, most of all, profitable. We are happy to offer exclusive terms unprecedented in the forex market.


To provide the best customer experience we organize seminars and special events, providing our clients with training materials, cutting-edge trading technologies and the latest strategies on the forex market. Both newbie and professional traders will find these sessions useful.


If you prefer to choose the best for yourself, FBS is just right for you. We even launched a COPYTRADE app which allows you to earn money both by copying a successful trader and by having people invest in your trading.


Once a client of FBS – always a client of FBS.
Www.Fbs.Com


Unique trading conditions for traders:
• minimal deposit of $1
• spread starting from -1 pip
• leverage up to 1:3000
• 35 currency pairs, 4 metals, 3 CFD
• split-second execution
• no requotes
• minimal order volume of 0.01 lot
• quotes precision of 0.00001
• trade with any advisors or strategies
• customer support in 15 languages
• deposits and withdrawals via visa/mastercard, wire transfer, neteller, skrill, perfect money, fasapay; local indonesian banks: bank central asia, mandiri, bank negara indonesia, bank rakyat indonesia, OCBC NISP; thai banks: krungthai bank, krungsri bank, siam commercial bank, kasikorn bank, bangkok bank; vietnamese bank: vietcombank. Lots of exchangers in different countries



Permanent promotions:
• $100 bonus - work out for more
• 100% bonus on each deposit
• cashback up to $7 per 1 lot


Loyalty program:
• VPS service
• guaranteed lucky T-shirt for a deposit of $500 or more
• guaranteed iphone X gift for a deposit of $5000 and 500 traded lots
• mercedes S-class for platinum status
• VIP membership



Partner program:
• $10 commission on EUR/USD
• monthly partner bonus up to $3000
• 3 levels of payments (15% from 2nd level partners and 5% from 3rd level partners)


Awards:
• best FX broker vietnam 2019
• most progressive broker europe 2019
• best FX broker europe 2019
• most promising broker 2018
• best forex broker asia 2018
• best investor education 2017
• best FX IB program



Fxdailyreport.Com


Forex copy trading has become quite popular over the years. This is essentially a type of trading that allows you to replicate the performance of successful traders at a small fee. This way, you can make profits without having any pertinent skills or experience in the forex market.


There are a lot of forex brokers that offer copy trading platforms. Below are 7 of the most preferred platforms:


Brokerinfobonusopen account
min deposit: $5
spread: from 0.2 pips
leverage: 500:1
regulation: FSA (saint vincent and the grenadines), cysec
50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. Visit broker
min deposit: $1
spread: from 0 pips
leverage: 3000:1
regulation: cysec, IFSC
$100 no-deposit bonus, 100% deposit bonus visit broker
min deposit: $200
spread: from 3 pips
leverage: 400:1
regulation: NFA, FCA, cysec
visit broker
min deposit: $1
spread: fixed spread from 3 pips
leverage: up to 1:1000
regulation: CBR, cysec and FFMS
30% forex deposit bonus visit broker



  • Etoro




Etoro is arguably one of the best trading platforms in the forex market. It has firmly positioned itself as an unrivaled leader, especially in the social trading space. The quality of its services, coupled with credibility earned from many years of operation enables it to outshine the competition.


For novice traders looking to venture into copy trading, etoro makes for the perfect platform to start with. Its simplicity makes it easy for beginners to thrive without having to grasp all the jargon that comes with forex trading. The platform offers those looking to start a copy trading top-notch analysis of the best performing traders. This way you won’t risk copying sketchy traders who deliver nothing but loses.


Although its withdrawal fee is a bit discouraging, etoro’s credibility, simple design, helpful stats on traders and a wide range of markets to choose from makes it one of the best copy trading platforms.



  • FBS



FBS Copy Trade



With operations spanning more than 190 countries, FBS is undeniably one of the largest forex platforms globally. It has largely thrived on ensuring that its users are presented with a boatload of educational resources to help them navigate the forex trading market. They have comprehensive training programs that are custom designed to address the individual needs and skill levels of newbies.


Its copy trading platform is one of the most advanced. They capitalize on high-end software to make it easy for traders to track and copy the performance of top investors.


FBS’ copytrade platform comes with outstanding user experience to make sure that novice traders are not put off. All the complexity that other copy trading platforms employ has been stripped off and replaced with simple design without sacrificing quality. Veteran traders can also earn by sharing the knowledge and secrets they use to be successful. This is the perfect platform for both newbies and veteran investors who don’t have the time to do all the research and collect statistics that will help them earn more.



  • Octafx



OCTAFX Copy Trading



Octa forex launched their copy trading platform on september 2018. Being an internationally recognized broker, the platform has already shown a lot of potential by allowing master traders to earn from their skills, knowledge, and expertise.


Octa forex’s platform provides one of the most transparent social trading services that not only present veteran traders with opportunities to maximize their profits, but also enables novice traders to significantly benefit from the expertise of octaforex’s most successful investors. Traders who wish to be copied are required to create a master profile, publicly outline their strategies and set their own commissions. If you have multiple trading strategies that help you make more profits, you are allowed to create an account for each of them, keeping in mind that the accounts will be ranked separately.


Master accounts are analyzed and their trading history laid bare for the consumption of those who wish to invest in them. Their activities can be monitored live and easily compared with others to enable new traders to choose wisely and quickly.



  • Instaforex




Founded back in 2007 by the insta trade corporation, instaforex has consistently proved to be credible and worthwhile. The platform has attracted many awards, including the “best broker in asia” award. Their copy trading platform, the forexcopy, enables budding traders using their services to replicate the success of the more experienced traders. To start copy trading, you need a minimum of only $10 in your account.


Experienced traders can earn extra income by registering with the forexcopy platform and set their own terms of remuneration. You can charge traders who copy you by utilizing various commission models. These include commission per profitable model, commission per lots traded and commission per subscription day. The forex copy monitoring list provides a list of the most successful investors that others can copy.


If you are an established trader, however, its basic functionality might put you off. In this case, it is recommended to find a more satisfying alternative.



  • Darwinex



Although darwinex operates on the same basic principle of copy trading, it has tweaked its service a bit to make it more interesting. You still get to reap from the skills and expertise of top performing traders, but instead of directly copying their current positions in the market, you buy synthetic assets, famously known as darwins on the platform. The value of these assets varies depending on how the traders you are buying from performing. That is, if the trader earns more, the price of their darwins rises and the more likely your investment is to become profitable.


On the other hand, if the trader performs dismally, the value of their darwins drops and your investment may begin attracting losses.



  • Zulutrade



On many occasions, zulutrade is at par with etoro when you focus on the aspect of copy trading. It has positioned itself as a favorite of many traders looking to reap maximum gains from the efforts of other traders. Its copy trading platform utilizes state of the art technology to offer traders with incredible experience and maximize profits.


Zulutrade provides a wide range of functionalities to enable traders to seamlessly navigate the platform. There are valuable stats on traders you choose to copy plus easy portfolio management to make trading painless. New traders are exposed to many features that make it easy to replicate the performance of other traders and enjoy maximum profits. The platform has been around for a long time and has proved to be highly credible and worth giving a shot.



  • Ayondo



Ayondo is another perfect option for beginner traders. The platform is among the few that offers purely copy trading services. It has grown over the years to secure itself a place in the hearts of those just getting their feet wet with forex trading. Although ayondo may be a bit limiting for veteran traders due to its simplicity, it is the perfect platform to familiarize yourself with the basics of copy trading.


One of the reasons why it has become so popular is because of its remuneration system for top performing traders. This means that if a trader maintains a low-risk profile, they stand to make more profits and enjoying higher visibility. When you perform maximally, your account is more likely to be replicated by other traders which means more profits and credibility on your part.


If you are new to forex trading, copy trading will set you on the right path to success even without gaining the necessary skills and experience. To start you off, test each of the above-listed copy trading platforms and choose one that best suits your needs.



FBS copytrade


Profit by copying skilled traders


Join the league of smart investors with FBS copytrade. This social trading platform allows you to follow the strategies of the top market performers and copy them to earn money effortlessly. When professionals profit, you profit too!


Confusion and insecurity while trading are no more – now a huge professional community is by your side 24/7. Start today and let the selected experts work for you!


FBS copytrade introduces you to the financial market and helps to manage your investments wisely.


Copy the best traders and earn like a pro


Trade together with the best players by following in their footsteps


Get detailed trader information


Browse the list of top traders, check their profit statistics, and pick the most successful ones to copy


Create a unique portfolio


Favorite the best traders, track their progress, network with them, and make money


Start and stop copying anytime you want


Take action when traders are doing their best and alter the schedule depending on your needs


Copy pro traders with the app


Investing has never been easier!



  • Enter the market without any specific financial knowledge

  • Earn money effortlessly – chill while others work

  • Invest in just one tap!

  • Deposit and withdraw via a variety of payment systems

  • Track all your progress and manage risks

  • Increase your investment amount whenever needed



Share your skills and get paid!


Once confident enough, you can become a trader to be followed in FBS copytrade. Just share your FBS account from the personal area. Investors will get a chance to copy your orders, and you will get a commission from their trades. That’s it!


Copy pro traders with the app


Top 5 traders to copy


Return rate over the period



  • 1w

  • 1m

  • 3m

  • 6m

  • 12m



Video tutorial for ios



Video tutorial for android



FBS at social media


Contact us



  • Zopim

  • Wechat

  • Fb-msg

  • Viber

  • Line

  • Telegram

  • Whatsapp


The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize


The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran


Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203


For cooperation, please contact us via support@fbs.Com or +35 7251 23212.


Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.


Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.


Data collection notice


FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.



FBS review


FBS is a regulated brokerage offering online trading on a limited amount of forex and cfds via the MT4/MT5 trading platforms. They also provide a range of trading tools, market analysis and educational materials.


FBS review, pros & cons


  • Only $1 is required to commence live trading

  • Copytrade which is a social trading platform

  • Multiple account types to suit every trader



  • No service to clients from USA, UK, japan, israel, canada and other countries

  • Limited tradable assets; less than 90

  • Very high spreads on cent accounts

  • Limited trading platforms & tools


In this detailed FBS review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.


FBS is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including FBS.


FBS review: summary


FBS is a global online forex and CFD broker that has been in operation for over a decade and has become very popular amongst online traders. FBS inc. Began operations in 2009 and has grown in strength, size and capital. Today, the broker has offices and partners from all parts of the world. The website is translated in over 17 languages.


The broker claims that every day, thousands of new online trading accounts are opened. These accounts belong to both traders and new partners. FBS boasts of millions of clients from over 190 countries across the world.


FBS provides access for traders to buy and sell over 75 trading instruments. The platforms available are the popular MT4 and MT5 trading platforms. The broker uses ECN and STP brokerage model which means that they do not trade against the trader or take the opposite position as a market maker broker would. The brand offers spreads starting from 0 pips along with ECN technology for pricing and executions.


Over the years, FBS has won industry standard awards for its online brokerage services. These awards are in different areas such as trader education, trading accounts and copy trading. Additionally, FBS has won the overall ‘best broker award’ in various jurisdictions.


FBS Review: Online Broker Awards


FBS review: online broker awards


FBS review: regulation


The european arm of the brokerage (www.Fbs.Eu) is owned and operated by ‘tradestone ltd’ which is a financial investment services firm based in cyprus. Tradestone ltd is regulated by the cyprus security and exchange commission (cysec). The registration number is 331/17.


The global website (www.Fbs.Com) is operated by FBS markets inc. Which is regulated by the international financial services commission (IFSC) in belize. The license number is IFSC/60/230/TS/18.


The european clients are given some form of insurance by the investors’ compensation fund (ICF). If for any reason the broker becomes bankrupt, the ICF can compensate traders up to a maximum amount of €20,000.


All clients are fully verified using the ‘proof of id’ and ‘proof of address’ method. The broker also adheres to the anti money laundering (AML) policy.


Industry standard secured socket layer (SSL) has been implemented across all platforms and websites. This is to deter hackers and cyber criminals.


FBS review: countries


FBS does not allow clients from the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran. Some FBS broker features and products mentioned within this FBS review may not be available to traders from specific countries due to legal restrictions.


If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.


FBS review: trading platforms


MT4 & MT5


These are the metatrader platforms made available to FBS clients. These two platforms are the products of metaquotes software corporation which is a firm specialised in developing trading softwares. They came up with the MT4 in 2005 and later in 2010; they developed its updated version known as the MT5. Basically, the two platforms look alike in appearance and have very similar features. The only difference is that the MT5, being the newer version, has more features and even expanded the features already existing in the MT4. Both platforms are available as desktop applications for windows and MAC computers. They are also available as webtrader and as mobile apps. The webtrader version can be accessed from the FBS website on a web browser. It requires no downloads or installations. The MT4 and MT5 apps can be downloaded from the android and ios app stores. The apps are easy to use and have most of the features of the desktop application.


Here are a few of the features of the metatrader platforms:



  • Customisable interface, windows, lists and overall appearance.

  • The market watch and charts display the live ‘bid and ask’ price of every instrument.

  • Three chart styles which includes bar chart, candlestick and line charts.

  • MT4 has 9 timeframes while the MT5 has 21 timeframes.

  • MT4 has 30 inbuilt indicators while the MT5 has 38.

  • Supports the automation of strategies using expert advisors (eas).

  • Access the metatrader market where you can buy trading tools like signals, indicators, eas, etc.



FBS Review: Trading Platforms


FBS review: trading platforms


MT4 multiterminal


This is the version of the MT4 trading platform designed for account managers. The MT4 multiterminal is capable of managing different trader accounts from a single manager account. The manager can place trades in multiple accounts with a single click.


FBS trader


This is the mobile trading platform from FBS for trading on the go. The app is designed for ios and android devices and can be downloaded from their respective app stores. It has a simple interface and is user friendly. It integrates with the metatrader platforms and can also be used to fund and withdraw from trading accounts. With the app, live quotes, charts and statistics can be accessed. Trade positions can easily be entered, modified or closed from the app.


FBS Review: Trader App


FBS copytrade platform


FBS copytrade is a social trading platform where investors replicate the trades of other expert traders who wish to share their strategies. The investor can copy traders whilst the expert trader receives a commission. The copytrade platform ranks the expert traders according to their success. Investors can then profile their statistics and make a choice. The minimum investment amount is $100. Copytrade is only available via its mobile app which is developed for ios and android devices. With the app, you can customise your favourite traders, start and stop copying a trader in one click and also chat with the support team. It should be noted that past performance is by no means any guarantee of future performance.


FBS Review: CopyTrade App


FBS review: copytrade app


FBS review: trading tools


FBS personal area mobile app


This is an android app designed by FBS in order to access the FBS personal area. With this app, you can create both demo and real accounts and manage all of them. From the app, you can manage your personal profile, fund and withdraw from your trading accounts and also view the accounts history. Account verification can be done from the app. Customer support is also accessible from the app.


FBS Review: Personal Area Mobile App


FBS review: personal area mobile app


Virtual private server (VPS)


A virtual private server (VPS) can run your trading platform remotely 24/7 offering reduced latency, consistent internet connection and overall reliability. Traders who use complicated trading systems and automated trading systems (eas) often insist on using VPS to solve the problem of fast connection round the clock. With a VPS, you do not need to keep the trading platform running on your computer as it runs remotely. FBS allows clients to set up a free VPS server. However, the client must be an active trader with a minimum balance of $450.


FBS Review: Virtual Private Server (VPS)


FBS review: virtual private server (VPS)


Economic calendar


This is an important tool for fundamental analysis. This calendar is on the FBS markets website and on the MT5 trading platform. It shows the date and time at which an event is to take place. These events are most likely to have an impact on the forex/CFD market. Analysts’ forecasts and history of past releases are shown on the calendar. The calendar can be searched using filters on the right hand side.


FBS Review: Economic Calendar


FBS review: economic calendar


Currency converter


This is used to convert one currency to another using the prevailing exchange rates. This is useful for traders who have a different currency from that of the trading instrument. It is also useful for traders whose account currency is different from their local currency.


Trader’s calculator


This is a very useful tool used to calculate estimated potential profits from a trade. You are to choose the account type, trading instrument, currency, leverage and prices. The trader’s calculator gives you the estimated profit for the trade based on your inputs.


FBS Review: Trader’s Calculator


FBS review: trader’s calculator


Forex news


The news is updated every business day. It is grouped under the asset classes of commodities, currencies, stocks and economy.


FBS Review: Forex News


Daily market analysis


This analysis is presented by FBS analysts. This section of the website looks at selected trading instruments and uses technical and fundamental analyses to make predictions. Trading ideas are given to traders to either buy or sell. Sometimes even ‘take profit’ and ‘stop loss’ prices are given. There is no guarantee on the quality of the analysis offered due to the unpredictable nature of trading.


Forex TV


This is made up of videos on daily and weekly market insights. There are also videos on daily trading plans and video recordings of past webinars.


FBS Review: Forex TV


FBS review: education


Forex guidebook is the ultimate introduction to the world of forex trading. It is arranged in order for beginners, elementary, intermediate and experienced traders. The guide consists of articles, pictures and clear illustrations.


A library of the recommended forex books is listed on the website. This is to encourage beginners to buy some of these books and read. Most of the books can be bought from amazon and the link to buy is provided. There are over 100 books to choose from.


Webinars and seminars are announced from time to time. Webinars are more frequent as it comes up almost every week. Seminars are periodically held in different cities.


Also, there are video lessons on metatrader, FBS services and general forex trading.


FBS review: trading instruments


FBS offer 28 forex pairs which includes the major and the minor currency pairs. Also there are 9 exotic pairs, 5 metal assets, 3 cfds and 33 US stocks.


FBS review: trading accounts & fees


The following online broker account types are available:



  • Cent account: this minimum opening balance is $1 and the floating spread starts from 1 pip. The trading fee is incorporated into the spread. The maximum leverage is 1:1000. For european clients, the opening balance is €10 and the spread is 1:30.

  • Micro account: the amount required to open this account is $5. The spread is fixed and it starts from 3 pips. The maximum leverage is 1: 3000.

  • Standard account: this is the entry level account for a trader. The minimum account opening balance is $100. The variable spread starts from 0.5 pips and the maximum leverage is 1:3000. For european clients, the opening balance is €100 and the maximum spread is 1:30.

  • Zero spread account: the opening balance is $500 and the spread is fixed at 0 pips. Commissions are charged at $20 per lot. The maximum leverage is 1:3000.

  • ECN account: this is the premium account offered by FBS. The floating spread starts from 1 pip and a commission of $6 is charged. The maximum leverage is 1:500 and the minimum opening balance is $1000.



FBS Review: Account Types


FBS review: account types


Commissions are only charged on the ‘zero spread’ and ECN accounts. Only the standard and cent accounts are available to european clients. The maximum leverage is 1:30 due to ESMA regulations.


Demo accounts are available for all account types. Islamic accounts are available on request. Islamic accounts do not incur rollover charges.


As broker fees can vary and change, there may be additional fees that are not listed in this FBS review. It is imperative to ensure that you check and understand all of the latest information on the official FBS website before opening a brokerage account.


FBS review: customer service


FBS proudly asserts that its customer support desk is always available 24/7. The support team is multilingual and can be reached via phone, email, fax and ‘call back’ form. The call back form is used to schedule a call from the support team at your convenience.


For instant chats, they can be reached on web chat, viber, facebook messenger and telegram. On social media, they are on facebook, instagram, twitter and youtube.


FBS review: deposit & withdrawal


FBS offers multiple payment options. The broker only accepts online payments and card payments. Withdrawal requests are processed within 48 hours. All clients must be verified before withdrawal requests are approved. Here are the account payment options:



  • Credit/debit cards: the acceptable cards are visa and mastercard. The deposits are processed instantly. No commissions are charged because FBS covers the charges.

  • Electronic payments: the electronic payments accepted are perfect money, skrill, neteller and sticpay. FBS covers most of the commissions except for sticpay which is charged 2.5% + $0.3.

  • Bitwallet: this is allowed only in JPY. No commissions are charged and the payments are instantly processed.

  • Local exchangers: FBS allows for local exchanges in several jurisdictions. This is achieved because of the numerous partnerships across the globe.



FBS Review: Payment Options


FBS review: payment options


Accounts can be opened in EUR, USD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.


FBS review: account opening


To register for a new account, click on ‘open account’ found on the topmost right hand side of the website. Fill your email address and name in the form that displays.


FBS Review: Online Broker Account Form


FBS review: online broker account form


Then, click on ‘register as trader’. If you already have a facebook or google account, you can simply click on the icons to allow FBS to receive your profile information from these websites.


You are issued a temporary password but advised to change it. Choose a new password and click ‘change’. An email confirmation is sent to the entered email address. Confirm your email address by clicking on a link in the email. You will be directed to the FBS website and personal area where you can create more accounts, make a deposit and commence trading.


FBS review: conclusion


FBS is an established online trading broker that has been built with a desire to accommodate all levels of traders as well as trading styles. It is a regulated brand that has implemented all the necessary security procedures that are standard in the online brokerage industry.


The beginner is fully supported with unlimited demo accounts and a selection of comprehensive training resources. With as little as $1, live trading can commence on the provided platforms. Spreads start from 0 pips and with ECN technology, trades are executed in seconds with minimal slippage.


The FBS copytrade, analytics and trading tools are also commendable. They have won multiple awards and serve millions of traders across the globe. Despite that, there are other online brokers who offer much more trading instruments and more favourable fees overall.


Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.76.2% of retail accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.


Min $1 deposit


FBS is a regulated brokerage offering online trading on a limited amount of forex & cfds via the MT4/MT5 trading platforms. They also provide a range of trading tools, market analysis & educational materials.



FBS copy trade guide – discover how FBS works


Since there are a lot of websites sugar-coating social and especially copy-trading, we've decided to create these reviews and guides in order to dispel any illusions, you might have. We want you to know exactly what you're getting into.


One of the things you should know right from the start is how traders can inflate their numbers in order to appear more successful than they actually are. Some of the platforms, like FBS copytrade, but also zulutrade, myfxbook, etoro, or metatrader 5 (award winner in 2019) have a certain list of successful traders you can follow. However, following those traders isn't a guarantee at all. You need to be aware of the risks and that its quite possible for a trader to end up on the list even though he does not belong there. We will explain how that's possible and what you need to look at in order to avoid this sort of traders.


This complete guide will shed light on FBS copy trade: scam or legit? Can you withdraw the commission and how long it takes? Are "professional" traders real? Is execution manipulated?


About FBS


FBS markets inc. Is a forex and CFD broker that offers its services across the globe. The company was established in 2009 and since then, the brand has grown in size, capacity and technology. It offers currency pairs, cfds, stocks and metals on its modern platforms. The broker website is available in 18 languages.


Behind the brand is FBS markets inc., a company licensed and regulated by the international financial services commission of belize (IFSC).IFSC has very liberal control over forex brokers, but still, the regime in belize is better than those in other offshore jurisdictions.


The broker offers the suite of metatrader platforms, including metatrader 4 (MT4) and metatrader 5 (MT5), developed by metaquotes software corporation.


FBS offers only 48 instruments, including 37 currency pairs and 11 cfds, four of which are cryptocurrency cfds.


Arbitrage and scalping are not allowed.


The maximum leverage plays negatively to the company’s strength, the 1:3000 leverage is indeed the highest offered by any broker in the industry. Novice and even experienced traders are susceptible to the risks of higher leverage, as a huge margin of 1:3000 can wipe out the investment with just a 3 forex pip move. Considering that the starting bid-ask spread for the micro account is 3 pips, it is easy to understand how a trader can face a margin call copy trading someone with a larger amount in his account.



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Cfds are complex financial instruments traded on margin. Trading cfds carries a high level of risk and may not be suitable for all investors. Please ensure that you understand the risks involved as you may lose all your invested capital. Past performance of cfds is not a reliable indicator of future performance. Most cfds have no set maturity date and a CFD position matures on the date an open position is closed. Please read our ‘risk disclosure notice’. When trading cfds with AM globe services LTD, you are merely trading on the outcome of a financial instrument and therefore do not take delivery of any underlying instrument, nor are you entitled to any dividends payable or any other benefits related to the same.


AM globe services ltd. Is the holding company of AM broker.


AM globe services ltd, the financial services center, stoney ground, kingstown, st. Vincent and the grenadines is incorporated under registered number 24863 IBC 2018 by the registrar of international business companies, registered by the financial services authority of saint vincent and the grenadines.


AM glober services ltd reserves the right to amend and upgrade its policies, terms and conditions. Most updated and valid company policies are published on AM broker website. Using any services of AM broker, clients and partners agree with the current terms and conditions provided in the company's agreements and legal documents. Clients and partners are considered aware of all risks concerning financial services and charges applied by AM globe services ltd.


Please be advised, the services and products described on this website are not offered to citizens of E.U. Member states, the united states, canada, japan, turkey and australia. AM globe services ltd and its products and services offered on the site www.Ambroker.Com are NOT registered or regulated by any U.S. Or canadian regulator and not regulated by FINRA, SEC, NFA or CFTC.


© AM globe services ltd. All rights reserved.



FBS reviews


164 • average


Write a review


Write a review


Reviews 164


I'm with FBS from 2013/2014


I'm with FBS from 2013/2014. I can say best about it.
Earlier mean before 2018 whenever I got any problem with it their customer agent were solving it like it's their own problem.
But now .
Withdrawal : I have done withdrawal of money from 5 days. Still I haven't got my money. I did another withdrawal request it's been 9 hours but it's still in pending where FBS says it takes only 15-20 min for withdrawal. So it's waste.
Customer service : it's worst than ever. Their people like roman answering like they are robot. Every time I feel like I'm talking with an robot. Same answers for some issues. They don't understand that every issue is different. So I mailed them but still no response it's been several hours. And main thing.. Every agent will give you different different solutions which isn't helpful. For an example if you'll come to live chat 3 times for answer of 2 multiply by 2. Then you'll get 3 different answers. Which is big trouble for me.


Not all investment platform are paying


Not all investment platform are paying, I recommend diultimate -coin for guaranteed weekly income


Investing with diultimate -coin is a…


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FBS is not a bad place


FBS is not a bad place, made some good money with them but when I had to withdraw, had some issues and was looking impossible to get my money until I involved swiftreclaimglobal to reach out to them and I got my funds back.


Mostly i trade gold ,,recently FBS has…


Mostly i trade gold ,,recently FBS has increased the spread on gold in a crazy way, today i saw it reached 80 pips so what i have done i removed my FBS MT4 platform from my desktop ..Good luck


Good trading platform but some minor issues


Excellent. I made my first withdrawal from my trading account last week and got it today. The only issue is that their FBS laptop MT5 server is slow. I can't login up till now. I am using my ipad terminal. I prefer the laptop terminal because it helps me trade with algo because I don't have time trading on my own. I don't think I will prefer another option like the FBS copy trading. I personally prefer algo trading than FBS copy trading. Leverage is adjustable from 1:100 to 1:3000. The choice is yours. Thanks FBS but they should please work on the laptop FBS MT5 server. It is really giving me a second thought. I have complained about it to the customer service and they were very responsive in attending to customers. I am still experiencing difficulty logging into the FBS laptop MT5 server. I will keep readers updated.


This is a scam website, please do not involve.


I feel pissed off with this copy trade website due to their scamming scheme. Below is my experience:
1. On saturday 26th december 2020 I topped up my account with 3.875,96 USD
2. I started copying some traders in the CT platform. I checked that they only trade with currencies, not cryptos. So in the weekend, the trades should be closed or pending. But when I started copying, the account immediately started with minus profit.
3. Realizing abnormalities, I stopped all investment with loss of 125$ right within the weekend and contacted support center. Below is their email response:


"
dear nguyen quoc huy!
Thank you for contacting us!
Let us remind you that the market is closed during weekends which means that there are no prices and consequently trader is not trading.


However, you still can start copying. And in this case the system automatically calculates investor’s pnl according to the last price available on friday.
And at the moment of order opening the spread is deducted just as usual. But since there’s no further quotes the pnl freezes till the market opening on monday.
On monday the trading continues and pnl will update.
Please, feel free to contact us if you have any further questions.
We wish you lucky trading!"


So you can see their scamming scheme, I stopped all in the weekend that mean no loss to them at all, but I still got - profit. They do not show current pnl status of traders neither providing current positions of traders, we just see the statistics which is beautiful . They can make up any trader with nice statistic and attract you to join before draining down your capital with a sudden loss from nowhere.
Be smart when investing. Contact me if you need full conversation with them. Don't trust their advertisement.



FBS review and tutorial 2021


FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.


Trade on nearly 50 leveraged forex pairs.


FBS is an online broker that offers financial market trading in forex and cfds. Our review in 2021 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading.


History & headlines


FBS is a global broker founded in 2009. In the EU, FBS is operated by tradestone ltd and regulated by the cyprus securities and exchange commission (cysec). The global branch is run by FBS markets inc and regulated by the international financial services commission of belize (IFSC).


FBS has a head office location in cyprus and claims to have over 15 million active traders across more than 190 countries, from malaysia and indonesia to south africa, pakistan and the EU.


Trading platforms


FBS uses a non-dealing desk (NDD) system with STP for rapid order execution. After registration and login clients have a choice of two platforms to access the markets.


Metatrader 4


MT4 is a market-leading platform that FBS clients can download for PC. The trading platform includes a range of features:



  • One-click execution and copy-trading

  • Expert advisors (EA) service and apis

  • Wide range of technical indicators and charting tools

  • Support for clients using a virtual private server (VPS)


FBS Review, fbs copytrade review.
FBS metatrader 4


The global branch of FBS also offers MT4 multiterminal, which allows clients to operate multiple accounts simultaneously.


Metatrader 5


This broker recently added MT5 integration to its portfolio. This platform is a recent update to MT4 with greater versatility that offers the following:



  • Hedging & netting

  • Market depth view

  • More technical indicators

  • More order types and timeframes


FBS Review, fbs copytrade review.
FBS metatrader 5


MT4 and MT5 are also both available without a download via any browser through the webtrader solution. This service works across all operating systems and has all the features of the original software.


Markets


Clients can access a wide range of assets for trading:



  • Forex – 28 standard pairs plus 16 exotics

  • Metals – four precious metals

  • Energies – WTI and brent crude oil

  • Stocks (global only) – 40 company shares

  • Indices – four indices including the NASDAQ



Unfortunately trading on the FTSE100 is not offered and neither is cryptocurrencies, such as bitcoin.


Trading fees


Spreads offered by FBS vary by account type and region. For EURUSD, the global firm offers a spread of 3.0 pips on its micro account, 1.1 on its standard and cent accounts and zero pip spreads on its zero and ECN accounts. In the EU the same spread is 0.7 pips with both the standard and cent accounts. Our review was pleased to see competitive spreads with the zero and ECN accounts.


The global branch charges a fixed rate commission of $20 per lot on the zero spread account and $6 on the ECN account. It also charges $3 for stock trades and $25 for CFD trading.


FBS charges overnight rollover fees (swap-free is available) and a cancellation fee of €5 for transactions that have taken advantage of price latency. Accounts dormant for 180 days are charged a €5 monthly fee.


FBS leverage


The maximum leverage available depends on account type and branch. In the EU the broker provides leverage up to 1:30 on standard and cent account types. Globally it offers up to 1:1000 on the cent account, 1:500 on the ECN account, and 1:3000 on other account types.


FBS has a margin call of 40% and lower, whereafter it is entitled to close a client’s position.


Mobile apps


FBS trader app


The owner and CEO have ensured that FBS trader is a free and fully-featured trading app. It can be downloaded to android (APK) devices from google play. Outside the EU it’s also available on ios. The broker’s downloadable app offers forex and top instruments for trading, alongside real-time stats and easy management.


FBS Review, fbs copytrade review.
FBS mobile app


MT4 & MT5 apps


Both metatrader platforms are also available as mobile apps from the app store and google play. The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go.


FBS Review, fbs copytrade review.
FBS metatrader mobile trading


Payments


The minimum deposit at the online forex broker is different for each account type and trading region. The EU firm requires an initial deposit of €10 on the cent account and €100 on the standard. The global branch offers minimum deposits of $1, $5, $100, $500, and $1000 for the cent, micro, standard, zero spread, and ECN accounts respectively. Our review was pleased to see the low minimum deposit offering.


Several deposit and withdrawal methods are available including wire transfer (EU only), visa, and electronic payment systems, such as skrill and neteller. Deposits are instant for all methods bar wire transfer and withdrawals take up to 48 hours. Commission fees apply to withdrawals at the global FBS firm and identifying documents may be requested.


Demo account review


FBS offers demo versions of the cent and standard accounts in the EU. MT4 and MT5 integration are available and a range of instruments are offered to practice trading with zero deposit requirement. Once comfortable with the broker’s services, you can then sign up for a live account.


Trading bonuses


FBS has a wide selection of promotions and bonuses advertised on its global website. For example, the broker offers a trade $100 bonus with no deposit necessary. The broker credits clients with $100 and if the client has 30 active trading days with 5 lots traded, the bonus can be withdrawn. FBS also offers a 100% deposit bonus, which doubles the deposit available for trading, and many contests.


Licensing


FBS is a legitimate broker with regulations from respected authorities. The company that owns the EU branch of FBS is regulated by the cyprus securities and exchange commission (cysec). The global branch is regulated by the international financial services commission of belize (IFSC).


In the EU, the broker also offers negative balance protection to retail clients. Overall, we’re happy FBS is not a scam.


Note, traders from the USA cannot register for an account, though clients from most other countries are accepted, including canada, india and nigeria.


Additional features


The FBS website has an analysis section with resources including forex-related news, market updates, and a forex TV feature that displays informational videos, weekly insights, and trading plans. This broker also provides an economic calendar and forex calculators alongside extensive educational materials such as live webinars and tutorials.


FBS Review, fbs copytrade review.
FBS economic calendar


Copy trading


The copytrade solution from FBS lets beginners replicate the success of top traders with secure, flexible trading tools. Clients can use the user-friendly mobile app to compare traders, allocate funds and create a unique trading portfolio.


Trading accounts


New clients have the option of several live account types. In the EU, the broker offers the standard and cent accounts. The global branch additionally offers the micro, zero spread, and ECN account. Order volumes are the same across account types. The ECN account has no trading limits and market execution is by ECN, unlike the other accounts which use STP. In general, the more you can deposit the higher the account tier and the more competitive the trading requirements.


When opening an account, you’ll need to submit documents to verify your name, address and the country you’re registering from.


Pros and cons


Benefits


Advantages of trading with FBS include:



  • MT4 and MT5 integration

  • Ultra-low minimum deposits

  • Competitive zero-pip spreads

  • Range of promotions & deposit bonuses



Drawbacks


Bad areas flagged in our review include:



  • Fewer account and trading options in the EU

  • Commissions payable on many trade types at the global firm



Trading hours


The FBS broker website is available at all times. Opening hours for each asset depends on the market and timezone, but forex runs 24 hours a day on weekdays. The broker also provides a virtual private server (VPS) service, which allows the client to keep their trading platform on a virtual machine 24/7.


Customer support


Customer support is available in english, spanish, portuguese, french, german and italian:



  • Email – info@fbs.Eu

  • Live chat – logo in bottom right

  • Contact number – +357 25313540

  • Address – vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus


Global


Contact options including live chat, callback, and whatsapp are available on the global website.


Trader safety


FBS ensure client personal information and privacy is safeguarded. Transactional information is also protected using transport layer security (TLS). The metatrader platforms also offer dual-factor authentication at the login stage for added security.


FBS verdict


FBS is an international forex broker that offers low minimum deposits and a variety of trading accounts with MT4 and MT5 integration, alongside the FBS trader app. Spreads are competitive, and both novice and advanced traders will feel at home with this broker.


Accepted countries


FBS accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.


Traders can not use FBS from united states, japan, canada, myanmar, brazil, israel, iran.


Where is FBS regulated?


This broker is regulated in the EU by the cyprus securities and exchange commission (cysec) and elsewhere by the international financial services commission of belize (IFSC).


Is FBS a good broker?


FBS is a legitimate broker and not a scam. It is licensed by respected financial authorities and has positive online reviews.


Does FBS offer any bonuses?


The global branch of FBS offers 100% deposit bonuses and promotions where no deposit is required. This broker also offers trader contests and a VPS service.


What is the minimum deposit at FBS?


Clients can open an account with $1 at the global branch and $10 in the EU. The greater the initial deposit, the tighter the spreads and more advanced the trading tools.


What platforms does FBS offer?


FBS has both MT4 and MT5 platforms, which are available on any browser and as mobile apps. This broker also offers FBS trader, an in-house mobile application.


Does the FBS broker have trading on nas100?


Yes, clients can trade on the NASDAQ and three other major indices, including the S&P 500, dax30, and dow jones.



FBS review: is FBS A scam? No, but it’s not worth it!


Is FBS A Scam


If you’re interested in the stock market and foreign exchange as a way to make money online then you’ve probably come across FBS and maybe you’re interested in trying the platform out or still on the fence because you’re unsure if it’s legit or just another scam.


So I did a lot of research and this review is about what I found out about FBS. I suggest you read on to know more about what you’re about to get yourself into. After this review, you’ll be able to make a better judgment about whether to try FBS out or not.


By the end of this review you’ll know:



  • A background on FBS

  • How it works

  • What tools FBS offer

  • The pros and cons

  • If it’s A scam

  • And lots more



FBS review in A nutshell

Product description: international brokerage company


FBS is a forex company that operates in more than 190 countries. It claims to have 410,000 partners and 15,000,000 traders. FBS offers seminars and events that provide training materials and trading technologies. They claim to cater to both beginner and professional traders.


Overall, I’d say FBS is legit but there are a few some red flags you should know about.


Overall


  • Lots of tools

  • Cheap capital




  • No info on who runs it

  • Doesn't operate in large markets because of legal restrictions



User review

Wanna make money online but sick of scams?



What is FBS exactly?


FBS prides itself to be an award-winning international forex broker since 2009. FBS started in belize and later on expanded to cyprus then to other parts of the world.


Want more idea about what forex is? Here's a helpful explainer video:


FBS Achievements


One thing I can tell you is that award committees do not easily give out recognition without doing a lot of research. I must say, FBS passed the legitimacy test with flying colours here.


FBS is also regulated by european financial authorities making them a legitimate forex trading company. (I’ll give you more details about these licenses later on)


Although the claim to be partnering with FC barcelona adds to their credibility, the lack of information on who runs it doesn’t sit well with me. I mean come on, if I join a company, I’d like to know who’s behind it to make sure he’s not just another scammer and that what I’ve read are not just hyped-up claims that will fail to materialise.


Sick and tired of hyped-up claims?

Discover a scam-free way to make money online instead >>


How does FBS work?


First, you make an account by clicking “open live account”. After entering your information, click the “open an account” button. A single mission password will then be emailed to you to verify.


Although FBS offers a total of 6 account types internationally, EU clients are only offered the standard account.


This tells me that the other account offers don’t go in line with EU financial regulations. So to avoid losing their license, they just offered that one account.


Here’s a list of the account types FBS offers:



  • Cent account – this is designed for tyro traders (beginners) who’d like to try their skills with live trading. This starts with a $1 opening balance.

  • Micro account – this is designed for traders who want to calculate their exact profit. This starts with a $5 opening balance.

  • Standard account – this is designed to be the regular account. This starts with a $100 opening balance, for EU clients thought the opening balance is €100.

  • Zero spread account – this is designed for fast speed traders.

  • ECN account – this is for traders who want to experience ECN technology.



To test the waters, FBS also offers a:



  • Demo account – this is designed to allow a trader to simulate the actual trading platforms minus the risks for free. This kind of account is filled with virtual funds of up to one million dollars.



In my opinion, they offer these various trading accounts to cater to the needs of different kinds of traders, so there’s an account for everyone and fewer reasons not to try it out.


FBS is an international company BUT is not available to traders in japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran. That’s a major red flag to me there. These countries have great market potential but FBS is not available for them.


Here’s what I think the reason is:


Japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran have tighter financial regulations and may have already seen this might create issues. The trouble could be in the system itself or in obtaining the necessary licenses.


Whatever the case, I think they are evading these countries for legal restrictions. And I know restrictions are made to prevent fraud.


FBS trading platforms


FBS uses MT4 and MT5, products of metaquotes software corporation, a company that specializes in developing trading systems.


MT4 was developed in 2004 and MT5, its updated version was developed in 2010. The 2 platforms basically look alike. The only difference is that because MT5 is more recent than MT4, so it offers more features.


Both these platforms can be accessed using windows and MAC computers.


How about for other gadgets?


This is also available as an app. That's a big thumbs up for FBS.


They also have an FBS copytrade platform; a social platform that allows traders to copy expert traders’ strategy for a commission. This will be really helpful for those who don’t know all the ins and outs of forex trading.


FBS Trading Platforms


Other FBS tools


1. Personal area mobile app


It allows a trader to access his demo and real accounts, managing them all in one place. From this app, you can manage your personal profile and add or withdraw funds from those accounts.


Makes things more convenient, great to know!


2. Economic calendar


You can find this at the MT5 platform or on the FBS markets website. It shows the time and date of events that impact the forex market. You can then use this to make analyses and calculated forecasts.


3. Currency converter


This can help a trader who has a different currency from the trading instrument. You can then use this tool to convert currencies based on prevailing rates.


4. Trader’s calculator


This can help you estimate potential profits in a specific trade.


5. Forex news


The news is grouped into categories to help you check when the best time to trade is.


6. Forex TV


Allows you to access weekly marketing insights giving you a better picture of the trading status.


What I like about FBS


What I don’t like about FBS



  • No info on who runs it

  • It doesn't operate in large markets because of legal restrictions


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Is FBS A scam?


Although I’ve mentioned a few red flags, I’d still say FBS is legit and here’s why:



  • FBS market inc. Has the registration number: 119717

  • IFSC regulates it and gives it the authority to operate with the registration number: IFSC/60/230/TS/19

  • FBS.Eu is the european branch of the company. Trade stone ltd is its operator, an investment firm in limassol cyprus. Cysec regulates and gives it authority to operate with the registration number: 331/17

  • As a regulatory directive, FBS keeps the traders’ funds in a different bank account and claims that is it now used for company operations. The good thing with this is even if a broker becomes bankrupt, trader’s investments are safe.

  • EU clients are protected by the ICF. This means that if FBS collapses, investors can receive up to €20,000 as compensation.

  • As protection against fraudsters, FBS implemented standard digital security which involves encrypting its website and platforms with SSL.



When a company goes the extra mile to obtain these licenses and security measures, I’d say they’re legit, because if they were not, they’d be behind bars in an instant.


Other than that, they’ve been operating for 11 years, I’d say that much history won’t be possible if they were just scams.


But here’s the thing: even if I believe that they’re legit, I’d still not recommend it to you. Legitimacy doesn’t erase the inherent risk that comes with forex.


The bottom line


Overall I’m pretty impressed with FBS's platforms and history. Plus I put them in the legit list because of the licenses they obtained.


But like what I’ve said earlier, I still won’t recommend it to you.


If I’d give you a bit of advice on how to make money online the legit way, I’d avoid anything that comes with a lot of risk like forex.


As always with these programs, there's a lot of hype around how much you can make, but they don’t say anything about how much you could lose.


The risk warning down at the bottom of the website is just another way of saying there’s no guarantee you can earn from this.


Remember, forex’s last name is risk. Forisk.


A wayyyy better opportunity to make money online is through affiliate marketing.


It’s legit minus the risk forisk comes with. (I’m getting used to that word now!)


With affiliate marketing, you can start from scratch and learn from their training platforms. Not just that, affiliate experts will offer to coach you when needed.


Affiliate marketing also equips you with the tools to build a solid and legit business.


And you can test the waters out for free. If you want to know more about affiliate marketing, check out this link.


And if you want to start building your business, discover how wealthy affiliate can help you with that.


How I make A living online?


After years of working in call centres I finally figured out how to create a 5-figure monthly passive income stream and become financially free.


Thanks to the right training and a lot of hard work I kissed my old boss goodbye and booked a one way ticket to thailand.


How I Make Money Online


So if you're serious about building a thriving online business, click here for the exact step-by-step formula I follow.



FBS review 2021


Regulated by cysec & IFSC | segregates client funds | trust rating: B | true ECN


CFD trading involves high risk be careful with your investement


CFD trading involves high risk be careful with your investement



This post is also available in: deutsch italiano


With this FBS review we want to find out if FBS is really one of the best forex brokers of 2019.
We conducted an in-depth review in january 2021 to find out the answer and bring it to you!


Now here's a real surprise broker that you may not have come across yet!


Founded in 2009 and headquartered in belize, this true ECN and STP broker is authorised and regulated by the cyprus securities and exchange commission (cysec) and has a lot to offer.


They have already won tons of awards, have clients in over 120 countries throughout the world and have established a sound customer base that currently exceeds 5 million traders.


FBS is extremely well represented in important regions across asia and has offices in china, thailand, turkey, malaysia, indonesia, lao, myanmar and egypt.


Clients are entitled to receive all sorts of promotions and trade forex, metals, cfds and four of the major cryptocurrencies: bitcoin, ethereum, litecoin and dash.


�� trading platformmetatrader
�� head officebelize
�� founded2009
⭐ reviews4.4 - 43 reviews trust pilot
↔ maximum leverage3000:1
�� execution servers LD5
�� broker typeECN
�� negative protectionno
�� trading optionsforex, cfds, crypto

OUR RATING: 7.8
the overall raiting is based on review by our experts
�� reliability: 7 / 10 �� spread: 9 / 10
�� offers: 8 / 10�� speed of execution: 8 / 10
�� customer service: 7 / 10�� uptime: 8 / 10
trading conditions
max leverage:3000:1
platform:
min deposit:$1
spread:from 0.0 pips
cuts out dealing desk:yes
methods of deposit and offers
deposit / withdraw:
welcome offer:$123 free and 100% deposit bonus on all deposits
rebates engine forex:coming soon!

FBS Review, fbs copytrade review.


SECURITY, MARGINS AND TECHNOLOGY


SECURITY


In summary



  • Cysec & IFSC regulated

  • True ECN broker

  • No dealing-desk intervention

  • Segregates clients’ funds


FBS is the trading name of FBS markets inc., parallax incorporated, tradestone limited and is licensed and regulated by the cyprus securities and exchange commission (cysec) and the international financial services commission (IFSC).


Deposit insurance of up to 100%
for most account models, the broker offers forex traders so-called deposit insurance. In this way, traders secure the amount of their deposit at 100 per cent. For this purpose, a certain number of positions must be traded. For example, if you want to hedge a deposit of 100 US dollars, you will need 12 trades. In this way, traders can protect themselves against losses of their trading capital without additional investment.


In our FBS forex broker review, we found that dealing with FBS can be considered to be safe and secure. Overall, the company goes a long way to ensure transparency and the safety of its clients' money.


Spreads comparison


PEPPERSTONE

THINK MARKETS

OANDA

IC MARKETS

CHARGES AND MARGINS AT FBS


In summary



  • Spread mark-up or

  • Commissions per standard lot R/T

  • 6 account options to choose from

  • Up to 3000:1 leverage


FBS offers a choice between six unique trading account types, each of which offers distinct advantages and features. Clients can select from MT4 and MT5, true ECN or STP account options.


Minimum deposits range from $1-1000 with a huge maximum leverage of up to 3000:1.


All account types, except its ECN account, support the following trading instruments: 35 currency pairs, 4 metals, 2 cfds and 4 cryptocurrencies. The ECN account focusses solely on forex trading and allows users to trade 25 currency pairs.


Leverage is up to 3000:1 on the micro, standard and zero spread accounts, up to 1000:1 on the cent, and up to 500:1 on the unlimited and ECN account options.


FBS only charges commissions on two of its account types: the zero spread (from $20 per lot round-turn) and ECN ($6 per lot round-turn) accounts.


Here is a quick overview of all six account types and it's main characteristics:



  • Standard account: the FBS standard account can be accessed from a deposit of at least $100. The maximum leverage is selectable up to 3000:1 and the fees are calculated over a variable spread (from 0.5 pips).

  • Cent account: an account from $1 deposit for trading small amounts. There are even cent lots available for trading. The maximum leverage is 1000:1 and the average spreads start from 1 pip.

  • Micro account: an account from $5 with fixed spreads. So the fees are 100% clear for the trader before. The spreads start at 3 pips, and the leverage goes up to 3000:1.

  • Zero spread account: with this account, there is no spread (fixed at zero spread) applied, but a commission of minimum $20 per lot R/T has to be paid. This is an FBS account option that can be accessed with deposits from $500. However, a $20 commission per lot is quite steep.

  • ECN account: direct access to interbank trading with no spread (from -1 pip). A commission of $6 per lot is due, and the maximum leverage can be set to 500:1. You get a direct market execution from an initial deposit of $1000.

  • Unlimited account: an account type similar to the standard account, but with smaller, floating spreads starting from 0.2 pips. Available from $500 deposits with a leverage of up to 500:1.



A comprehensive comparison table of the different settings and features for each of FBS' account types is presented below:


TECHNOLOGY


In summary



  • Metatrader 4 (MT4)

  • Proprietary FBS trader

  • Metatrader 5 (MT5)

  • FBS copy trader


FBS clients are welcome to use the popular MT4 trading platform or can select its younger brother, MT5. Both trading platforms are available for all six account types.


Both platforms can be used with desktop computers or as a browser-based webtrader. Mobile trading is available for all common android and ios devices.


Both metatrader platforms allow for a wide range of leverage and trade execution without requotes. The full set of MT's standard features are available, such as the use and implementation of expert advisors (eas), micro-lot trading, one-click trading and an embedded news section. Technical analysis tools, including 50 indicators and charting tools with three types of charts, are at hand as well as the option for VPS service support.


FBS further offers the metatrader 4 multiterminal, which is a multi-account-management solution for MT4. With this terminal, account and money managers have the ability to manage multiple trading accounts simultaneously under one portfolio. The status of open positions and pending orders can be monitored and controlled via this tool. Quotes and news are received in real time just like on any metatrader account.


FBS trader is the broker's new, proprietary trading platform. The broker highlights that this trading platform is as powerful as the popular metatrader platforms but simpler to use.


The FBS trader is available for download on desktop computers or as a mobile platform for android and ios devices. It offers real-time stats and a smart interface for editing orders and account settings in just a few clicks.


FBS copytrade platform:


FBS jumped on board of the popular social trading train with their FBS copytrade platform. It is a copy trading platform where traders can automatically replicate (copy) the strategies and trades of other traders.


Copytrade enables all types of traders to engage in the financial markets and invest in professional or more experienced traders. The broker provides a list of advanced traders displaying their general profiles, generated returns in a given period, number of copiers and copy-fees charged. A trader can then check the statistics of the relevant traders and select those they want to follow or to copy.


On the other hand, experienced traders can set up their accounts to allow copy trading and specify a commission percentage that they wish to charge. This can serve as a major source of income for successful traders as they can earn huge commissions from a potentially unlimited number of copiers. FBS copytrade is available as an android and ios app, which can be downloaded and installed from the respective app stores.


A free VPS service is available to those clients that meet the conditions of depositing at least $450 and trading a minimum of just 3 lots per month. A VPS is a tool that most professional traders use to stay online and connected to the trading servers anywhere and anytime. Especially those traders using expert advisors (eas) as well as high-frequency traders that require a stable and fast server connection where slippage is reduced to the absolute minimum should consider using a VPS.


Execution of speed comparison


PEPPERSTONE

THINK MARKETS

OANDA

IC MARKETS

CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL FEATURES


CUSTOMER SERVICE AND CLIENTS SUPPORT


In summary



  • 24/7 customer support

  • Global presence with large client base

  • 6 account types to choose from

  • Demo account option available


Customer support service at FBS is available 24/7, a significant advantage given that most other brokers only offer 24/5 support. Support is available in 19 different languages including arabic, chinese, malay, thai, korean, indonesian, russian, laotian, french, italian, spanish and portuguese. Localized support services are available for traders in china, egypt, indonesia, korea, malaysia, myanmar and thailand.


Worldwide, more than 5 million traders from over 120 countries have already chosen FBS’ services and registered a trading account with the company. The company has won tons of industry awards and is ranked as one of the top forex trading providers in asia.


Both new clients to FBS and established traders have access to the multitude of promotions and bonuses on offer. These bonuses and promotions include a $123 no deposit bonus (welcome offer that is available to clients from selected regions only), 100% deposit bonus "trade 100 bonus" and many more.


In addition to providing a news and info section, the company also offers in-depth insight and education on all forex and trading-related topics. This includes webinars, seminars, videos, guidebooks for traders and much more. Both newbies and professional traders can significantly benefit from this wealth of insider information.


An economic calendar, forex market news, daily market analysis and forex TV are all accessible via the forex broker's homepage fbs.Com.


For the more serious or professional traders who have funded their account with at least $10,000 and traded a minimum of 50 lots, FBS offers an individual VIP approach through which clients benefit from consultations with a dedicated account manager, priority deposit and withdrawal processing, and gifts.


All customers can choose between six distinct account types that vary in terms of leverage, minimum deposit amounts, starting spread levels and other features, as shown above.


The available trading products include 35 currency pairs, 4 metals, 3 cfds, a small selection of stocks from around the globe and 4 cryptocurrencies.


Even though other forex brokers offer a more extensive portfolio of trading tools, FBS’ selection of trading tools represents a solid and sound variety that is especially beneficial for a more targeted trading approach that focuses on forex and cryptocurrency trading.


To get started and test FBS' overall trading conditions, we recommend to open a demo account first. This option is free of charge with the broker for both metatrader 4 and 5 platforms.


One of the negative FBS broker experiences is that charges are generally levied for payment transactions with the exception of credit cards or bank transfers. The deposit fees for this vary between 0.8 and 7.5 per cent.


The fees for withdrawals via e-wallet are also quite high. Traders should, therefore, use a credit card wherever possible. For transfers to bank accounts, a flat fee of $30 is charged. This also applies if part of the payment is booked to the credit card. If the payout exceeds the amount previously paid in with the credit card, the difference in excess will be transferred to a bank account of the trading account holder. Payments to third party accounts are not possible here either.


Available deposit / payment methods include:



  • Credit card and debit card (visa only)

  • Neteller

  • Skrill

  • Stic pay

  • Perfect money

  • Bitwallet

  • Bank wire transfer



With the online broker FBS traders have a chance in competing in various contests and trading tournaments. Prices include exclusive products such as cars, electronic devices, vacation or cash.


Clients looking to invest in experienced traders instead of trading themselves will find the FBS copytrade platform interesting. Retail investors can join a network of traders and copy their strategies and trades for a commission set by the individual traders. Typical commission charges vary between 10 and 30% of the trading profits generated by the trader. Followers have access to information and statistics of all available traders. These stats an be viewed and compared at any time.


On the other hand, successful traders have the opportunity to present their trading portfolio and offer to being copied to the FBS network of investors. For each investor following their strategy and copying their trades these strategy managers earn extra commission from successful trades.





So, let's see, what we have: is FBS a good forex broker? Read real reviews, by traders, for traders? Add your rating to the largest forex review database by forex peace army? At fbs copytrade review

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