I’ve got started with FBS Brokers since 2011 but their achievements have been not considerable, so I decided to stop trading with them. In details, they offered high spreads, high slippage and slow speed of execution but I let my eyes linger on them. After a lot of positive changes from them, I worked with them again. Apparently, they become more popular and offered a lot of promotions: good welcome bonus, inviting offers.
These changes make me so energetic and profitable to all traders, including me. From my FBS reviews, I’m confident to share with you in this review. Also, I will tell the reasons why you should work with FBS brokers.
- Review of Regulations
FBS’s regulation is licensed by CySEC (Cyprus Securities and Exchange Commission). They gave a license to FBS under registration number 353534. Another organization is the International Financial Services Commission (IFSC) of Belize that is given regulations to FBS under the license number IFSC/60/230/TS/18. They are organizations which are very experienced and trusted in forex market. They have responsibility for monitoring and supervising all of the financial service providers in Belize financial industry.
- Review of Reliability
FBS reliability is very outstanding. Many awards are offered by FBS broker. These are some typical names such as: “Best Forex Broker Southeast Asia”, “Best Customer Service Broker Asia 2016”, “Best Forex Broker Thailand”, “Best International Forex Broker” as well. Also, Indonesian Government in disaster relief work is a remarkable award for them in 2017. What they did made their fame so popular. More important, they make social contributions that helps a lot of people have a better life.
- Review of Account Types
Cent Account, Standard Account, Zero Spread Account and ECN account are basic accounts given by FBS’s services. Each kind has a different feature that is suitable for each trader. Here are some of them. Please keep them in mind for your choice.
- Cent Account:
- Deposit of $1 at a minimum, just like Exness minimum deposit.
- Floating Spread
- Commission-free trading
- Scale of 1:1000 Leverage
- Standard Account:
- Deposit of $100 at a minimum
- Floating Spread
- Commission-free trading
- Scale of 1:3000 Leverage
- Zero Spread Account:
- Minimum deposit of $500
- Fixed Spread
- Commission-free trading
- Scale of 1:3000 Leverage
- ECN account
- Minimum deposit of $1000
- Floating Spread
- Commission-free trading
- Scale of 1:500 Leverage
- Review of Commissions & Spreads
Now, FBS brokers are providing Fixed and floating spreads, in which their spreads are very competitive and compatible to average market. Your Fixed spreads can be increased from a minimum of 3 pips and your floating spreads from 0.2 pips at a minimum. This is good signal of trading.
- Review of Deposits & Withdrawal Options
FBS has a lot of payment options which are available for you. It makes you more flexible in choosing the methods of payment. At present, there are more than 70 several kinds of payment options provided by FBS brokers. Different credit cards, bank wire transferring, or e-wallet are popular ways to make transactions.
You can choose a lot of options to withdraw your money. The time for withdrawal just takes a short time. For example, the payout time for credits card is 48 hours at a maximum. For e-Wallets, the payout seems immediate.
- Review of Bonus & Promotions
You will be totally surprised at many types of bonuses offered by FBS brokers. They attract several traders by providing $50 welcome bonus, Bonus 123, and 100% deposit bonus as well. Besides, a lot of attractive and worthy promotions are awarded, even an iPhone X just by trading will be offered if you’re lucky.
- Review of Customer Support
FBS has a system of Customer Support that is very professional and enthusiastic. If you have any questions or problems, just have a look at FAQ made to support their clients or contact their team at any time to be given feedback 24/7 via live chat platform. FBS’s customer support deserves to be highly appreciated, just like the other best forex brokers 2019.