Review fbs copy trade

Clients can open an account with $1 at the global branch and $10 in the EU.

Actual forex bonuses

FBS Review and Tutorial 2021, review fbs copy trade.

The greater the initial deposit, the tighter the spreads and more advanced the trading tools. The global branch of FBS also offers MT4 multiterminal, which allows clients to operate multiple accounts simultaneously.

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 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 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 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 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 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

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.

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.

Broker details

Video

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

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

Video tutorial for ios

Video tutorial for android

Contact us

Zopim

Wechat

Fb-msg

Viber

Line

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: 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

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 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: 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

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)

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

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

Forex news

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

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: 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

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

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

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 reviews

165 • average

Write a review

Reviews 165

I like everything about FBS

I like everything about FBS, including their digests. I read it all through every tuesday! And always try to test the strategies that they give the info about.

For me the key thing about FBS is that…

For me the key thing about FBS is that it has a license. I trust this broker 100%. In two years from trading, I has no issues with this company.

Cannot recommend this broker. They have fake promotions to attract potential customers, but for me it was the opposit - i did not join. I did the TRADE 100 BONUS —the conditions are so wired that probably only 1% of potential customers can get this bonus, so it's only for publicity and advertisement. You only get 4 pairs to trade and you have to trade 1 lot with a maximum of 0.01 per trade and not more than 6 open at a time and there must be more than 1 h between trades and not in opposite direction! FBS please stop this scam! Such behaviour of a regulated broker is not trustworthy.

I don’t like giving reviews to…

I don’t like giving reviews to anything. But this is the exception because I really enjoy trading with FBS. I have had a big profit two week, and brought a present to my mum. It feels so good when you can afford an expensive bag that she dreamed of. This is a good way to profit.

I am satisfied with FBS

I am satisfied with FBS. For me, 5 is too high for any company. So let it be 4 – good motivation to work the same way further!

I was trying to search for some cons

I was trying to search for some cons, but I failed… everything is amazing!

This is a good broker

This is a good broker! I like their support team. A manager whom I contacted helped me to resolve the issue that I had with depositing so quickly. That was my fault, I should have be more attentive, but that woman was so nice – she explained everything, and I deposited straight away. Thanks, FBS!

FBS is a good company

FBS is a good company. I’ve just joined downloaded copytrade and waiting for the trader I follow to profit big!!

I am completely okay with FBS

I am completely okay with FBS. The only thing is that I want them to create a telegram-channel in my language! I like to receive market news via social media. Apart from that, everything is cool.

I found FBS through social media! My friend reposted the funny fact about forex, and I got to their telegram channel. The social media and learning materials are cool. I opened an account following the recommendation of that friend. I trade for three weeks, but I enjoy really enjoy it already!

FBS launches amaaazing promotions

FBS launches amaaazing promotions! I was so excited by their charity promo trade to help!! This is so awesome that they care for people in need. Good job, FBS! Keep helping the world.

I like copytrade app

I like copytrade app! It’s a good way to profit. FBS trader seems to be like metatrader, but it’s also more convenient for me.

With cent account

With cent account, you can deposit $1 dollar only to start. Hahaha I spend more on coffee…. So I opened it and used trade 100 bonus! This is how it all began. Now, I keep improving my skills. Also with FBS, especially its cool forex guidebook on their website!

As for me

As for me, FBS webinars are the most useful online-classes on trading that I have ever attended. So comprehensive! Highly recommended!

Nothing bad to say about FBS

Nothing bad to say about FBS. The only thing that could make this broker better is sending the notifications about the coming webinars via personal area.

Good broker

Good broker. Cool services, multiple accounts to choose from. I have a demo one – this is the best option as I am new to the market. But now I am learning quickly with video lessons. Will see what happens when I open a standard account.

I don’t see any disadvantages but there…

I don’t see any disadvantages but there is no dutch language so far. Waiting!!

Excellent broker company

Excellent broker company! Everything is of a top quality – conditions, a variety of accounts, support team’s work, and cool apps. I haven’t seen something like this before (I have 5 years of experience in trading). So, like it a lot!

I enjoy trading with FBS a lot

I enjoy trading with FBS a lot. It’s a broker with great reputation. I don’t know what the negative reviews are coming from/ if you don’t know how to trade and don’t want to learn – don’t blame a good company! I am completely satisfied with their services. Thanks for your work, FBS!

Not recommended to people living in japan

I have tried xm, geoforex and fbs.
Out of all these 3, fbs has been the worst. I live in japan and I tried depositing with three different VISA cards but all of them were rejected. They kept telling me to find other ways to deposit so I used bitcoin on which I lost money due to their 2% commision and change in btc price.
My biggest complain is that the trades take too long to execute compared to XM and geoforex regarless of the order type.
Based on my experience, I wouldn't recommend anyone living in japan to use this broker. Rather go for XM or geoforex. They have much more deposit methods and the orders are instantly executed with almost no delay.

We are sorry to hear that you were not satisfied with your experience with FBS. We would like to assure you that we are always working on the refinement of our services and take into account any feedback.

Regarding the card deposits, please, kindly be informed that FBS uses a mediator company's services to transfer funds from clients' credit and debit cards to the company.
It means that the system operates as a third party in the process and they reserve the right to decline some of our clients' transactions in individual cases.

This is the list of the most frequent reasons why debit/credit cards deposits could be declined:
1. The card doesn't have the client's name on it.
2. The card was issued in one country while the client is trying to deposit from another country. A card can be used only in the country where it was issued.
3. The card doesn't belong to the client.
4. Name on the card is different from the client's name in the FBS account (if a client states not a full name in the FBS personal area, this error might happen).
5. The payment system has detected some fraudulent activity.

It seems your case was one of those when the payment system declines payment due to their internal reasons. Unfortunately, payment systems do not provide us with the exact reason why it happens.

Regarding the bitcoin payment, we would like to draw your attention that all the deposit or withdrawal commissions are always determined by the payment system and not by FBS.

We apologize for the inconvenience and want to inform you that we are constantly searching for new payment options. In case you would like to see some payment option on our site, we would highly appreciate if you write your suggestion to our email address support@fbs.Com.

As for the time of execution, please, take into consideration that there are many factors that can affect the execution quality of your orders such as internet connection, geographic situation, market liquidity, order queue, and the specification of your trading device.

We totally understand your need for faster execution and would like to assure you that FBS does its best to provide our clients with the fastest execution: we acquire new data centers and choose only the best ones and keep close tabs on the servers load.
Here are the recommendations for faster execution: try our ECN account for the fastest execution, try to operate using our VPS server, try to rescan the servers, try other internet providers. These arrangements should lessen the execution time.

FBS reviews

165 • average

Write a review

Reviews 165

I can boldly say diultimate -coin is…

I can boldly say diultimate -coin is paying I invested last week now I’ve gotten my pay

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…

Investing with diultimate -coin is a great deal earn 100% income in 7days

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 copytrade launches A new card scanning feature!

The FBS copytrade team has created a new feature for a more convenient app use! To make financial transactions like deposits or withdrawals, users can now scan their cards with their phone cameras.

No need to squint at all those symbols and put them in manually one-by-one. Now to complete a financial transaction, users can tap the card icon in the card number field when filling in card information and let technology do all the dirty work. The app will fill in the card number, cardholder name, and the expiration date – the CVV2 code needs to be put in manually. The feature is available in the FBS copytrade app for both iphone and android users.

FBS copytrade app is the first of FBS products to introduce this feature. We will not stop here: our team is working relentlessly to make sure the investors have a great time using the FBS copytrade app. Our app has received awards as the most user-friendly social trading app – and we work hard to prove that we deserve these awards.

The FBS copytrade app is a dynamically developing platform for social trading. It is usually named the most user-friendly and easy-to-use copy trading application.

The app was launched in 2018. It is used by more than 5 million investors. FBS copytrade allows people who are less experienced in trading to increase their capitals by copying the selected skilled traders. The traders get an income from each copier’s deposit after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.

FBS is an international broker with over 190 countries of presence and 11 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

FBS is an official trading partner of FC barcelona from january 2020.

Review fbs copy trade

14 minutes read / 10 dec 2020

FBS is a broker that has been operational since 2009, having won countless awards since its inception. It offers multiple tradeable instruments and is one of the most popular online trading providers out there today. It serves over 13 million customers from over 190 nations across the globe. Its UK operations are covered under its license with the cyprus securities and exchange commission (cysec).

We’ll endeavour to assess everything that makes this broker a favourite among millions of traders. There are numerous areas where the firm stands out from the crowd, as well as a couple of areas that could be improved.

Broker overview

FBS lower trading fees

What can you trade?

#1 FBS forex review

There is somewhat of a niche speciality for the company as its predominant focus is on FX trading, with metal being the other available asset class. There are over 37 different currency pairs available for you to trade.

Their currency trading offer is popular among traders because of the low spreads offered on most pairs. The company does not have a very huge selection of currency pairs or instruments that clients can trade. They also regularly add new pairs over time, which is a slight positive for the firm.

#2 FBS cfds review

The only other financial instruments that you can trade with the firm are four metals cfds and 32 stocks cfds. The fees are pretty mediocre as this is mainly a platform that focuses on forex trading.

A major focus area within the FBS platform is the copy trading feature combined with the social trading capabilities that are on offer. The social trading function allows you to copy the trades that are being made by some of the best performing traders on the platform. Therefore, you can get started trading and be a potential success by copying successful traders even if you are a complete beginner.

Of course, there is always the chance that your investment will lose decline as well as grow. However, this is a good feature for those learning the ropes of trading, seeing what are smart moves and what should be avoided.

What did our traders think after reviewing the key criteria?

The fee structure is well laid out, allowing you to quickly see what fees you will be charged without having to consider any potentially hidden fees that may arise at a later date. The fees that you are going to pay when making forex trades really depends on the type of account you chose when signing up.

For the cent account, there are floating spreads that begin at 1 pip and you can get leverage of up to 1:10. For a micro account, there is a fixed spread beginning at 3 pips with a leverage of up to 1:30. For the standard account, there is a fixed spread of 1 pip for european traders, with the max leverage being 1:30. For the zero spread account, this is a commission-based tier where you are charged £20 per lot traded. For the ECN account option, the floating spreads begin at 1 pip. Generally, the firm’s cost structure is about average when compared to other brokers in the retail forex sector.

Account types

There are five different types of accounts that you can choose from when trading with the company. The accounts are tailored to suit traders based on their experience levels as well as traders who use different types of trading strategies. Hence, you should always consider your own trading style and experience level when setting up your trading account.

The cent account is great for casual traders who are just looking to dip their foot in the trading space. You can open this account with as little as £1.

The micro account can also be opened with a minimum of £1 and it has fixed spreads of 3 pips. This level is ideal for intermediate traders that prefer to have a set cost for each of their trades as opposed to variable costs.

For the standard account, you get the most flexibility among all the available options and is ideal for traders that have been trading for a while. The spreads are kept reasonably low, but this is dependent on the currency pair you are trading. There is a minimum required first deposit of £100 to open the account.

For the zero spread account, you need to deposit at least £500 at the start and it is suitable for full-time traders who trade often and in large lots. Finally, the ECN account is ideal for those looking to trade using ECN technology and a £1,000 minimum initial deposit is necessary.

Platforms

There are a couple of industry-standard trading platforms that you can use when trading with the company. The metatrader 4 platform is the most common popular platform you will see in the FX brokerage industry since it has many great features and tools that can be used to enhance your trading results. The MT4 software is well supported by the major desktop and mobile devices ut it is best to download and install it on your device for the best trading experience.

There is also the more recently released metatrader 5 platform that you can use. However, most people prefer the metatrader 4 because it has been around for a number of years. Some of the upgrades that come with the metatrader 5 include new types of analysis and charting tools. There is also better support for automated trading. Similar to the metatrader 4, there is a mobile app for metatrader 5 available for both android and ios devices.

Usability

The company’s website design is a bit outdated and some of the pages are a bit clunky to use, with the filtering options also taking a while to process. The navigation system is pretty good as the menu options are straightforward and hard to misinterpret.

A lot of information is laid out in table format, which makes much easier to search for and digest different types of info. For example, you can quickly see what currency pairs are on offer, as well as key factors like their average spread, all within a single table. There are also six different languages you can choose from when using this website.

Customer support

If you have any issue or question with regards to their services, the first place to visit will often be the FAQ section. The section will answer a lot of your potential questions without having to talk directly with a member of the customer support team. Otherwise, you can give the team a call, send them an email or talk with them through the live chat function. In total, there are a dozen different languages catered for by the support team.

Thankfully, the support team can be reached on a 24/7 basis, which means that you are never going to wait too long for a reply. Most brokers in the online trading space today only have open customer support lines on weekdays. Generally, the quality of feedback from the support team is pretty good. Naturally, when dealing with off-peak hours it may take a bit longer to get your issue resolved, but overall you will be well looked after with the support team.

Payment methods

The firm makes a conscious effort to comply with all the relevant anti-money laundering laws in europe, as well as complying with know your customer (KYC) protocols. This means that you will have to verify your trading account before you can make your first withdrawal. This is a standard procedure within the industry today, especially among reputable brokers, and usually takes only a couple of minutes.

When making payments, you can use a major debit or credit card, as well as skrill, neteller and a wire transfer. There is no fee charged on deposits and all the deposit options, except for the bank transfer, will see your funds processed instantly into your trading account. A bank transfer generally takes 3-4 business days before the funds hit your account.

You can use the same methods to withdraw funds from your account as you used when adding funds. The main difference will be the withdrawal processing times. Usually, the withdrawals for the e-wallets are processed within 20 minutes with a maximum processing time of 48 hours. Wire transfer withdrawals take 48 hours, while card withdrawals are usually processed within 20 minutes, however, sometimes it may take 5-7 business days before your bank credits your bank account.

Best offers

One of the best features offered by the company is that you can copy the trades of other successful traders on the platform. This is ideal for hands-off traders that want to take a chance by banking on an experienced trader’s skills. It can also be a way for beginners to learn how more experienced or successful traders set up their trades. The feature is very easy and smooth to use.

There is also an education section, which includes a guidebook, a list of tips for traders of different experience levels, regular webinars, video lessons and a glossary. On the research side of things, there is daily market analysis, forex TV, forex news and a number of tools, such as calculators and converters.

Finally, if you are looking to utilize a virtual private server (VPS), then you can do so after depositing at least £450 and trading at least three lots each month.

Regulation & deposit protection

Currently, the firm is licensed by the cysec for its european operations, which is a respected regulator within the european common market, especially for financial brokers. This means that you get deposit protection on your trading funds of up to £20,000. The broker also has a license for the asia-pacific markets.

All client funds are kept segregated in different bank accounts, which means that creditors cannot touch the funds belonging to clients, in case the company falls into some financial troubles. The firm only uses very reputable banks to safeguard client funds. When assessing the website’s security, they use SSL encryption to protect your personal and private data.

Awards

While FBS has been operating in the space for about a decade, it has received dozens of awards from different regions of the globe for its products and services. The firm has received a total of more than 40 awards over the same period and some of these awards include:

Best international forex broker 2018

Most transparent forex broker 2018

Best investor education 2017

Best forex broker asia 2018

Best forex trading account 2018

As time goes on, the broker will likely win more awards for its offering and its commitment to forex traders. The awards won so far highlight some of the best aspects of its unique offering.

FBS faqs

What is the minimum deposit for FBS?

FBS offers the choice of two account types: cent and standard, besides two demo accounts that match the real account types. The minimum deposit for the cent account is €10 or equivalent in USD, while the initial deposit for the standard account is €100 or USD equivalent. Both the accounts offer identical trading conditions with the main difference in the order volumes.

How to use FBS copy trade?

FBS offers the copy trade feature via the proprietary FBS trader platform, accessible on android and ios. You can use the social trading platform to copy strategies of successful traders while skilled professionals can share their skills and get paid in the form of commissions. To start copying trades, open an account with FBS, go to the personal area and choose the trader you wish to copy, switch on the copy parameters and start trading.

Is FBS broker regulated in south africa?

No, FBS does not come under the regulations of the financial sector conduct authority (FSCA) in south africa. The CFD broker is

Authorised and regulated by the cyprus securities and exchange commission (cysec).

Regulated by the international financial services commission (IFSC) in belize.

So, if you are from south africa, you would have to sign-up with FBS markets inc. The subsidiary is under the regulations of IFSC, belize.

Is FBS legal in malaysia?

FBS does not provide services to residents in malaysia. Also, the CFD broker does not operate in japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran. So, if you are a resident of malaysia, you could look for an alternative broker like IG or plus500 to trade cfds in FOREX and other products.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading cfds with this provider . You should consider whether you understand how cfds work, and whether you can afford to take the high risk of losing your money .

Start earning with FBS copytrade app

Trade your best, be copied by thousands of investors, and get a reward for each person copying you!

1. Open a trading account or use an existing one

Choose an account type that suits your trading style or start right away with an existing account

2. Go to the account page

Go to your personal area and choose an account you’d like to allow for copying

3. Switch on the copy parameters

Click on “share to copytrade” in your trading account settings and set up your profile
to let people copy your deals, make sure the following is valid:
- your trading balance is $100 or more
- your account is verified

4. Get an additional profit from your trades

– get a fixed 5% commission from all your successfully closed trades
– or become a PRO trader and set the commission by yourself.
Click the “start” button and get your reward

Download the FBS copytrade app to check out other traders' progress or to copy them.
With FBS copytrade, you can make even more money from your daily trading sessions. Just allow your trading account for copying by FBS investors and get a reward for their profit. It’s a win-win! Other people gain knowledge, and you get paid!

You don’t need to install any additional software or take any further action. Enable this function in your personal area, trade in your usual style, allow people to follow your example, and get rewarded!

To attract more investors, create a clear and interesting description. Share your top trading instruments and strategies, show your trading style, and provide options how to contact you. The better your account performance is, the more investors choose your orders for copying, and the more profit you get.

Accounts that can be copied:

MT4 standard

MT4 micro

Get the most out of your trading skills with FBS copytrade app!

A huge community of investors is constantly looking for accounts to copy. Use this chance to increase your profit many times over with FBS copytrade app!

The top 5 traders to copy

Return rate over the period

FBS copytrade launches a new card scanning feature!

FBS copytrade app is launching a new feature to be even more convenient to use!

The FBS copytrade team has created a new feature for a more convenient app use! To make financial transactions like deposits or withdrawals, users can now scan their cards with their phone cameras.

The app will fill in the card number, cardholder name, and the expiration date – the CVV2 code needs to be put in manually. The feature is available in the FBS copytrade app for both iphone and android users.

Our app has received awards as the most user-friendly social trading app – and we work hard to prove that we deserve these awards.

About FBS copytrade

The FBS copytrade app is a dynamically developing platform for social trading. It is usually named the most user-friendly and easy-to-use copy trading application.

The traders get an income from each copier’s deposit after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.

FBS is an international broker with over 190 countries of presence and 11 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

FBS is an official trading partner of FC barcelona from january 2020.

Disclaimer: the content of this article is sponsored and does not represent the opinions of finance magnates.

So, let's see, what we have: FBS is a forex trading broker offering a choice of platforms, products and live accounts. See our review for spreads, mobile apps, and fees. Sign up today. At review fbs copy trade