FBS Broker Review: Pros & Cons 2025

The educational material of the broker is very detailed and can be very helpful for Forex traders. Both of the trading platforms, MT4 and MT5 can be used for mobile trading. You can download them on both iOS and Android devices and start trading with FBS. But, this is not all, there is a special FBS Trader that is available for mobile trading. Created by the same software developer company, called MetaQuotes, both MT4 and MT5 are very popular around the world.

FBS Platforms and Trading Styles.

The broker updates its news page frequently (up to three times per day), which makes it an invaluable source for keeping up to date with the latest market developments. If you’re solely interested in forex and CFD trading, AxiTrader will be a good choice. The trading fees are low compared to other brokers and there is no fee for deposits and withdrawals, but customer support is off twice a week.

• FBS offers a versatile range of trading platforms to meet the needs of every trader, whether you’re a beginner or an expert.
• To register for a trading account at FBS, you simply need to provide the broker with your email address and a few personal details, such as your name, age, national ID number.
• FBS offers a comprehensive educational and analytical toolkit.
• In this comprehensive FBS broker review, we will see that it has a user-friendly suite of offerings.
• Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
• It usually takes a max of 48 hours for your account to reflect the transfer.

Review Methodology

The impact that a significant news story can have upon the markets is huge. FBS represents a brokerage company, which relies on fair-trading services and brings an opportunity to every trader no matter the level of expertise or even the size of investments. These FBS fees are very competitive and attractive to traders. New traders will not be able to open these types of accounts anymore. FBS Trader supports all the trading tools and provides important statistical reports, updated in real-time for the latest information.

Licenses & Regulations

The broker provides for a very well-resourced research section. This includes daily news on the forex market, stocks, other assets, and the general global economy. Market analysis both technical and fundamental is also regularly provided. An FBS VPS server is available to you if you deposit enough and make a certain volume of trades. This offer is unlimited and having a VPS in place allows you to fully exploit the use of EAs and trade on a 24/7 basis with the backing of a very fast and stable connection from the broker. The overnight fee is commonly charged by every broker in the industry, and is the fee for holding a position open overnight.

FBS’s mix of reliability, user-centric features, and constant improvement makes it one of the best brokers among Forex traders. FBS has received positive reviews from traders worldwide because they are reliable and user-friendly. On Trustpilot, for example, FBS holds a strong 4.3-star rating.

FBS Islamic Account

MT4 offers advanced charting options and other insights that allow you to make better and more informed investment decisions. You can access quotes in real-time with special analysis tools to maximize your profits. What i like must be obvious, i really like the low fees with trading indices intraday. The spreads are not wide at all, even if the NY session opens for s&p500 and us30. Might be pretty strange, but the first time i didn’t pay for commissions is here.

While slightly behind competitors like Exness (4.7 stars) and IC Markets (4.8 stars), it significantly outshines XM (3.2 stars), showcasing its reputation as a reliable broker. For traders in the Crypto market, FBS charges a commission of 0.05% for both opening and closing positions, keeping the trading costs low while ensuring flexibility in the crypto space. For stocks, FBS lets you trade instruments from major and minor global markets.

• Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs.
• In addition to these accounts, FBS also offers an Islamic account, which doesn’t charge fees for overnight positions.
• Even if you only check in once, it gives you a solid starting point.
• Next, FBS will ask you to select your preferred account type and trading platform.
• The EU firm requires an initial deposit of €10 on the Cent account and €100 on the Standard.

FBS offers multiple competitive spreads, especially if you’re trading major currency pairs. These competitive spreads mean lower transaction fees and a higher profit margin for potential traders. Although FBS offers various account types, other competitors offer more. With FBS, you have many minimum deposit and leverage options that suit your budget and investment goals. Nevertheless, other brokers offer even more versatile choices. The company offers a wide range of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies, making it a versatile choice for traders with diverse interests.

Yes, FBS allows hedging, enabling traders to open multiple positions on the same instrument in different directions. Yes, FBS supports auto-trading through platforms like MetaTrader 4 and MetaTrader 5, which allow the use of Expert Advisors (EAs) for automated trading. To withdraw money from FBS, log in to your account, go to the ‘Finance’ section, select ‘Withdraw Funds’, choose your preferred withdrawal method, and fbs broker reviews follow the instructions.

Zerodha Streak is an algo trading platform designed for strategy automation without coding. Discover its features, charges, and how it compares with other tools. New traders with low capital can start with the Cent or Crypto account.

This average customer rating is based on 7 FBS customer reviews submitted by our visitors. Compare the markets and instruments offered by FBS and its competitors. Please note, some markets may only be available via CFDs or other derivatives. It has been operating since 2009 and is regulated by two reputable authorities, which indicates some level of stability. FBS also claims to segregate client funds, which protects them from being used for the company’s operations.

If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to FBS. Additionally, FBS provides opportunities to trade CFDs on commodities, appealing to those who prefer investing in physical assets such as precious metals and energy products. For instance, they are regulated by the highly regarded ASIC (Australia) and CySEC (Cyprus), which suggests a strong level of oversight. Still, their Belizean regulation (FSC) is considered less stringent than most.

Some users reported that they enjoyed their experience and even praised the responsiveness of the FBS customer support team. All these different options allow traders of all interests, budgets, experience levels, and trading goals to access the market at their convenience. Each FBS account is specifically tailored to meet the needs of certain traders and investors.

Transactions are processed promptly, with instant deposits and withdrawals using secure systems. This ensures that you have uninterrupted access to your funds. The positives of regulation compliance, platform features, and customer service appear to outweigh most limitations as per existing trader feedback. The broker has also partnered with numerous industry leaders around the world to offer traders amazing services and additional opportunities for fun. The company is an official partner of Leicester City and FC Barcelona. There are over 35 currency pairs available at FBS and they are across all types.