FBS is an online forex and CFD broker that was founded in 2009. The company is headquartered in Belize and has offices in several other countries, including China, Indonesia, and Malaysia. FBS offers a range of trading instruments and account types, as well as 24/7 customer support and educational resources. 

FBS Trading Instruments

FBS offers a wide range of financial instruments for trading, including:

1. Forex: FBS provides access to trading in over 40 currency pairs, including major, minor, and exotic pairs. Traders can trade on the global forex market 24 hours a day, five days a week.
2. Metals: Traders can also trade precious metals such as gold, silver, and platinum. These instruments offer a way to diversify trading portfolios and hedge against inflation.
3. Energies: FBS also provides trading opportunities in energy markets, including crude oil and natural gas. These markets can be volatile and offer high profit potential.
4. Stocks: FBS offers trading in a wide range of global stocks, including those listed on the New York Stock Exchange, NASDAQ, and the Tokyo Stock Exchange. Traders can invest in popular stocks like Apple, Amazon, and Google.
5. Indices: FBS provides access to global stock indices, such as the S&P 500, NASDAQ, FTSE 100, and Nikkei 225. These instruments offer traders a way to diversify their portfolios and hedge against market volatility.
   
   

Trading Conditions

FBS provides leverage of up to 1:3000 for forex trading, which is much higher than many other brokers. However, leverage levels vary depending on the account type and instrument traded.

FBS offers competitive spreads starting from 0 pips for the Zero Spread account type. Spreads for other account types vary depending on the instrument traded.

FBS does not charge any commission for trading on its Cent and Standard account types. However, the Zero Spread and ECN account types charge a commission per lot traded.

Broker offers the popular MetaTrader 4 and MetaTrader 5 platforms, which are available in desktop and mobile versions.

FBS also provides its clients with a range of educational resources, including webinars, video lessons, and trading guides, as well as offers a range of bonuses and promotions, including a $100 welcome bonus, cashback rewards, and trading contests.

Account Types

FBS offers several account types to suit the needs of different traders:

1. Cent Account: This is designed for beginners and those who want to practice trading with smaller amounts. The minimum deposit is just $1, and the minimum order volume is 0.01 lots. The spread starts from 1 pip, and the leverage can go up to 1:1000.
2. Micro Account: This account type is similar to the Cent Account but with a higher minimum deposit of $5. The minimum order volume is 0.01 lots, and the spread starts from 3 pips.
3. Standard Account: This account type is designed for more experienced traders who want to trade with larger volumes. The minimum deposit is $100, and the minimum order volume is 0.01 lots. The spread starts from 0.5 pips, and the leverage can go up to 1:3000.
4. Zero Spread Account: This account type offers zero spreads but charges a commission instead. The minimum deposit is $500, and the minimum order volume is 0.01 lots. The leverage can go up to 1:3000.
5. ECN Account: This account type offers direct market access and is designed for professional traders. The minimum deposit is $1,000, and the minimum order volume is 0.1 lots. The spread starts from 1 pip, and the leverage can go up to 1:500.
6. Unlimited Account: This account type is designed for those who want to trade without any restrictions. The minimum deposit is $500, and the minimum order volume is 0.1 lots. The spread starts from 0.2 pips, and the leverage can go up to 1:500.

Each account type has its own benefits and limitations, and traders can choose the one that suits their trading style and preferences.

Deposits and Withdrawals

FBS offers a variety of deposit and withdrawal methods for its clients, including bank transfer, credit/debit cards, e-wallets such as Skrill, Neteller, and Perfect Money, and local payment methods specific to certain countries.

Deposits are generally processed instantly or within a few hours, depending on the payment method used. FBS does not charge any fees on deposits, but clients may be subject to fees charged by their payment provider.

Withdrawals are also available through the same methods as deposits. Processing times can vary from a few hours to several business days, depending on the payment method used and the client’s account verification status. FBS does not charge any fees on withdrawals, but clients may be subject to fees charged by their payment provider.

It’s important to note that FBS has certain conditions for withdrawals, including minimum and maximum amounts and verification requirements. Clients should carefully review the withdrawal conditions and comply with the necessary requirements to avoid any issues with their withdrawals.

Regulation and Security

The broker operates under two legal entities, namely FBS Markets Inc. and FBS Global Ltd. FBS Markets Inc. is registered in Belize, while FBS Global Ltd. is registered in Mauritius.

FBS Markets Inc. is regulated by the International Financial Services Commission of Belize (IFSC), which is a regulatory body that oversees and regulates financial services companies in Belize. The IFSC is responsible for ensuring that financial services providers operating in Belize comply with international standards and regulations.

FBS Global Ltd. is regulated by the Financial Services Commission (FSC) of Mauritius. The FSC is the regulatory body responsible for overseeing and regulating financial services companies in Mauritius. The FSC is known for its stringent regulations and guidelines, which ensure that financial services providers operating in Mauritius adhere to international standards of compliance and ethics.

In terms of security, FBS uses advanced security measures to protect its clients’ funds and personal information. The broker employs SSL encryption to secure all data transmitted between its servers and clients’ devices. Additionally, FBS keeps clients’ funds in segregated accounts, which are separate from the broker’s operational accounts. This ensures that clients’ funds are protected in the event of the broker’s insolvency or bankruptcy.

Conclusion on FBS

FBS is a well-established and reputable forex broker that offers a wide range of financial instruments, competitive trading conditions, and various account types for traders of all levels. Its user-friendly platform, educational resources, and excellent customer support make it an appealing choice for traders.

However, while FBS is regulated by reputable authorities such as the IFSC and CySEC, it still lacks regulation in some major markets, which may raise concerns for some traders. Additionally, some traders have reported issues with account verification and withdrawals, which may indicate potential problems with FBS’s operations.

Overall, FBS can be a good option for traders who prioritize a diverse range of instruments, low trading costs, and a user-friendly platform, but it’s important to carefully consider the potential risks before trading with them.