✅FBS Forex Broker Reviews | Scam Status :✅Safety
- friendly user App
- Provide multiple account types
- homepage user Friendly
- Copytrading
- well education
- less Stock CFD
- Limited product portfolio
- less regulation broker
What is FBS Forex (Forex) ?
FBS Broker founded in 2009 , operation main is Asia located at 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol service over 700 thousand people in the world wide incoulding China Indonesia, Russia, the Philippines and even Malaysia has opreated office ,FBS is also regulated by Cyprus, a subsidiary of Tradestone Limited, which is a popular jurisdiction for foreign exchange transactions. Tradestone Limited is regulated by the Cyprus Securities and Exchange Commission. According to the MiFID directive, all brokerage companies regulated by CySEC have the right to conduct business in the EU. This makes FBS a safe company that currency traders can invest in.
FBS Forex is Safe or a scam?
We have checked that FBS Forex is subject to national/regional and government regulations, so it is also suitable for safe transactions and negative balance protection. Therefore, if your loss exceeds your deposit, your loss of funds will not exceed your own capital, if In the event of certain uncontrollable market risks, you will not need to pay additional losses in excess of the principal
CySEC (Europe):Company Registration Number: 331/17
IFSC(Belize): Company Registration Number:60/230/TS/17
Trading Leverage
Forex’s Leverage
CySEC (Europe)
- x30 for major currency pairs
- x10 for commodities
- x5 for CFD stocks
- x2 for Cryptocurrencies
Trading fees
No Stock Trading fee
Stock and ETF spread 0.09%
Forex spread is between 1~3 pip
Deposits and Withdrawal
Minimum deposit :50$ fee are 0 %
amount is only 50$ allowing to open either Micro Account or a Standard One, in case you wish to trade with ECN account minimum deposit is competitive also, demanding 500$ as a start. However, the amount varies according to the chosen payment method and trading account validation status. Yet, you can read and find all the necessary info in the Members Area.
list of Major support deposit:
| Deposit/Withdrawal method | Currency | Fee | |
|---|---|---|---|
 | Mastercard | USD, EUR | 0% |
 | Visa | USD, EUR | 0% |
 | Bank transfer | USD, EUR | According to bank charges |
 | China Union Pay (CUP) | CNY | 0% |
 | NETELLER | USD, EUR, INR, BRL | 0% |
 | Skrill | USD, EUR | 0% |
 | BTC | USD | 0% |
 | USDT | USDT | 0% |
Minimum Withdrawal: 25$ fee is 1$
no matter how much money you withdraw is Free each time, but by wire, transfer bank could be take up to 1 $ this has taken by the bank
withdrawal are spend 3~8 days by wire tradsfer
withdrawal are spend 3~5 days by Credit card depend bank working days
Trading Platform
FBS take alot work serving on mobile , trader can esay use on android phone and apple ios
FBS CopyTrade ( ios & android )
for people who trusted other investor they can use CopyTrade without trading by themslfe .
FBS – FX Trading Broker ( ios & Android )
With this tool, you can achieve multiple account management, transaction statistics tracking, performance analysis and other functions with only one login. You can also enjoy investment diversification and various preferential activities.
FBS Trader ( ios & Android )
mobile trading app allow you trading with comforty user UI experiment , let’s say good bye with MT4 MT5 .
Customer Service
FBS offering fantastic Customer Service you can use popular application which is :
- Live Chat
- Viber
- Telegram
- Facebook Messenger
- Phone Call Back
24/7 customer service language option established centers in the Asia region including Indonesia, Malaysia, Thailand, China, as well as Africa region, Europe and more, so it is true to state FBS covers the major world language.
Education
offer trader with diverse Education in home page with comic photo showing esay and shortly story usually take serval minute to study
Research Conclusion
FBS provides research on daily technology and basic news analysis from its internal analyst team. They publish blog updates and daily videos as well as quarterly market forecast reports.
and aslo they have FBS TV which offering trading fast reviewing today financial news they also giving advise for trading .
Summary
FBS offering excellent user UI on mobile App on Android and iOS , when you starting trading at phone which is take can short time to used it , and they aslo offering multiple type acccout
For example, one of the advantages of ECN accounts is more competitive pricing but compared to standard accounts, stop-loss and take-profit prices can only be added after the order enters the market. This restriction is unreasonable.
In addition, if traders want to trade CFDs on stocks, they need to open separate accounts and cannot share foreign exchange accounts, which is very inconvenient.
a few popular US stock now is allow trading at FBS , and hopefully they soon will add more in future .
All in all, FBS provides a variety of options for MT4 and MT5, and a wide range of account options allows traders to operate flexibly. In addition to Bitcoin, the addition of more cryptocurrency CFDs also complements FBS, although it is still not tradable on weekends.
It is difficult for inexperienced traders to choose among the many account types of FBS. In an ideal situation, we hope that the broker can simplify this selection process and recommend the appropriate account type for different experience levels. Finally, the broker’s own automated trading strategy and the trading signal service provided by the internal research team have a good yield.
More Trading Broker Platform You Might Interesting
- Real-time news
- Above average product offering
- Transparent pricing
- Relatively high fees
- No anonymous demo account
- Weak educational platform
OctaFx Started since 2011 offer Forex trading investment is kind new brand of forex trader in market , unfortunately and fortunately under CySEC(EU) regulation therefore only offer low leverage Forex trading , which is limit risk for client for beginner there so important to learn and use to in low leverage
- 0$ Withdrawal fee
- Micro Lot trading available
- Price alerts and push notifications
- Fee Report
- Inactivity fee
- High Indices spread
- Limited deposit and withdrawal option for European clients
- high Leverage can use
- support CopyTrading
- APP support
- Poor education
- No support Web Trading
- high deposit and withdraw fee
As a typical Swiss bank, Dukascopy bank provides reliable supervision. It also provides a low-latency transaction server while opening an account. You can apply for a bank card and bind Apple Pay or Google Pay. This saves the inconvenience of withdrawing money, although the platform itself It does not provide copy orders and transactions, but this problem can be solved by binding EA automatic trading, and there is a trading community for communication and the trader provides a maximum of 500~1500 trading bonuses per week
Although Dukascopy offers JForex trading platform with a wide range of advantages and impressive features, some beginners may find that it takes more time to learn how to use it compared to other platforms.
Dukascopy also offers a wide range of advanced trading and research tools, including SWFX sentiment index, market news and research, calendar, foreign exchange calculator, COT report and Dukascopy TV.
- Bank card instant consumption
- Support cryptocurrency deposits
- No withdrawal fees
- Low latency Trading
- Low leverage
- The minimum deposit amount is 1000$
- No copy trading
Reference
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