FBS Review and Tutorial 2021, fbs copy trade review.

Fbs copy trade review


  • 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
FBS has a margin call of 40% and lower, whereafter it is entitled to close a client’s position.

Top forex bonus promo


FBS Review and Tutorial 2021, fbs copy trade review.


FBS Review and Tutorial 2021, fbs copy trade review.


FBS Review and Tutorial 2021, fbs copy trade review.


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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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: is FBS A scam? No, but it’s not worth it!


FBS Review and Tutorial 2021, fbs copy trade review.


If you’re interested in the stock market and foreign exchange as a way to make money online then you’ve probably come across FBS and maybe you’re interested in trying the platform out or still on the fence because you’re unsure if it’s legit or just another scam.


So I did a lot of research and this review is about what I found out about FBS. I suggest you read on to know more about what you’re about to get yourself into. After this review, you’ll be able to make a better judgment about whether to try FBS out or not.


By the end of this review you’ll know:



  • A background on FBS

  • How it works

  • What tools FBS offer

  • The pros and cons

  • If it’s A scam

  • And lots more



FBS review in A nutshell

FBS Review and Tutorial 2021, fbs copy trade review.


Product description: international brokerage company


FBS is a forex company that operates in more than 190 countries. It claims to have 410,000 partners and 15,000,000 traders. FBS offers seminars and events that provide training materials and trading technologies. They claim to cater to both beginner and professional traders.


Overall, I’d say FBS is legit but there are a few some red flags you should know about.


Overall


  • Lots of tools

  • Cheap capital




  • No info on who runs it

  • Doesn't operate in large markets because of legal restrictions



User review

Wanna make money online but sick of scams?



What is FBS exactly?


FBS prides itself to be an award-winning international forex broker since 2009. FBS started in belize and later on expanded to cyprus then to other parts of the world.


Want more idea about what forex is? Here's a helpful explainer video:



Most of the international awards they received are about recognizing them as a transparent broker with some of the best levels of customer service.


FBS Review and Tutorial 2021, fbs copy trade review.


One thing I can tell you is that award committees do not easily give out recognition without doing a lot of research. I must say, FBS passed the legitimacy test with flying colours here.


FBS is also regulated by european financial authorities making them a legitimate forex trading company. (I’ll give you more details about these licenses later on)


Although the claim to be partnering with FC barcelona adds to their credibility, the lack of information on who runs it doesn’t sit well with me. I mean come on, if I join a company, I’d like to know who’s behind it to make sure he’s not just another scammer and that what I’ve read are not just hyped-up claims that will fail to materialise.


Sick and tired of hyped-up claims?

Discover a scam-free way to make money online instead >>


How does FBS work?


First, you make an account by clicking “open live account”. After entering your information, click the “open an account” button. A single mission password will then be emailed to you to verify.


Although FBS offers a total of 6 account types internationally, EU clients are only offered the standard account.


This tells me that the other account offers don’t go in line with EU financial regulations. So to avoid losing their license, they just offered that one account.


Here’s a list of the account types FBS offers:



  • Cent account – this is designed for tyro traders (beginners) who’d like to try their skills with live trading. This starts with a $1 opening balance.

  • Micro account – this is designed for traders who want to calculate their exact profit. This starts with a $5 opening balance.

  • Standard account – this is designed to be the regular account. This starts with a $100 opening balance, for EU clients thought the opening balance is €100.

  • Zero spread account – this is designed for fast speed traders.

  • ECN account – this is for traders who want to experience ECN technology.



To test the waters, FBS also offers a:



  • Demo account – this is designed to allow a trader to simulate the actual trading platforms minus the risks for free. This kind of account is filled with virtual funds of up to one million dollars.



In my opinion, they offer these various trading accounts to cater to the needs of different kinds of traders, so there’s an account for everyone and fewer reasons not to try it out.


FBS is an international company BUT is not available to traders in japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran. That’s a major red flag to me there. These countries have great market potential but FBS is not available for them.


Here’s what I think the reason is:


Japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran have tighter financial regulations and may have already seen this might create issues. The trouble could be in the system itself or in obtaining the necessary licenses.


Whatever the case, I think they are evading these countries for legal restrictions. And I know restrictions are made to prevent fraud.


FBS trading platforms


FBS uses MT4 and MT5, products of metaquotes software corporation, a company that specializes in developing trading systems.


MT4 was developed in 2004 and MT5, its updated version was developed in 2010. The 2 platforms basically look alike. The only difference is that because MT5 is more recent than MT4, so it offers more features.


Both these platforms can be accessed using windows and MAC computers.


How about for other gadgets?


This is also available as an app. That's a big thumbs up for FBS.


They also have an FBS copytrade platform; a social platform that allows traders to copy expert traders’ strategy for a commission. This will be really helpful for those who don’t know all the ins and outs of forex trading.


FBS Review and Tutorial 2021, fbs copy trade review.


Other FBS tools


1. Personal area mobile app


It allows a trader to access his demo and real accounts, managing them all in one place. From this app, you can manage your personal profile and add or withdraw funds from those accounts.


Makes things more convenient, great to know!


2. Economic calendar


You can find this at the MT5 platform or on the FBS markets website. It shows the time and date of events that impact the forex market. You can then use this to make analyses and calculated forecasts.


3. Currency converter


This can help a trader who has a different currency from the trading instrument. You can then use this tool to convert currencies based on prevailing rates.


4. Trader’s calculator


This can help you estimate potential profits in a specific trade.


5. Forex news


The news is grouped into categories to help you check when the best time to trade is.


6. Forex TV


Allows you to access weekly marketing insights giving you a better picture of the trading status.


What I like about FBS



  • Lots of tools to help make a good trade

  • Low capital required to open an account


What I don’t like about FBS



  • No info on who runs it

  • It doesn't operate in large markets because of legal restrictions


Wanna make money anywhere in the world?

Get started with your FREE step-by-step beginners course here >>


Is FBS A scam?


Although I’ve mentioned a few red flags, I’d still say FBS is legit and here’s why:



  • FBS market inc. Has the registration number: 119717

  • IFSC regulates it and gives it the authority to operate with the registration number: IFSC/60/230/TS/19

  • FBS.Eu is the european branch of the company. Trade stone ltd is its operator, an investment firm in limassol cyprus. Cysec regulates and gives it authority to operate with the registration number: 331/17

  • As a regulatory directive, FBS keeps the traders’ funds in a different bank account and claims that is it now used for company operations. The good thing with this is even if a broker becomes bankrupt, trader’s investments are safe.

  • EU clients are protected by the ICF. This means that if FBS collapses, investors can receive up to €20,000 as compensation.

  • As protection against fraudsters, FBS implemented standard digital security which involves encrypting its website and platforms with SSL.



When a company goes the extra mile to obtain these licenses and security measures, I’d say they’re legit, because if they were not, they’d be behind bars in an instant.


Other than that, they’ve been operating for 11 years, I’d say that much history won’t be possible if they were just scams.


But here’s the thing: even if I believe that they’re legit, I’d still not recommend it to you. Legitimacy doesn’t erase the inherent risk that comes with forex.


The bottom line


Overall I’m pretty impressed with FBS's platforms and history. Plus I put them in the legit list because of the licenses they obtained.


But like what I’ve said earlier, I still won’t recommend it to you.


If I’d give you a bit of advice on how to make money online the legit way, I’d avoid anything that comes with a lot of risk like forex.


As always with these programs, there's a lot of hype around how much you can make, but they don’t say anything about how much you could lose.


The risk warning down at the bottom of the website is just another way of saying there’s no guarantee you can earn from this.


Remember, forex’s last name is risk. Forisk.


A wayyyy better opportunity to make money online is through affiliate marketing.


It’s legit minus the risk forisk comes with. (I’m getting used to that word now!)


With affiliate marketing, you can start from scratch and learn from their training platforms. Not just that, affiliate experts will offer to coach you when needed.


Affiliate marketing also equips you with the tools to build a solid and legit business.


And you can test the waters out for free. If you want to know more about affiliate marketing, check out this link.


And if you want to start building your business, discover how wealthy affiliate can help you with that.


How I make A living online?


After years of working in call centres I finally figured out how to create a 5-figure monthly passive income stream and become financially free.


Thanks to the right training and a lot of hard work I kissed my old boss goodbye and booked a one way ticket to thailand.


FBS Review and Tutorial 2021, fbs copy trade review.


So if you're serious about building a thriving online business, click here for the exact step-by-step formula I follow.



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.


FBS Review and Tutorial 2021, fbs copy trade review.


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.


FBS Review and Tutorial 2021, fbs copy trade review.


Broker details


Video



Your company video here? Contact ad sales


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 review: is FBS A scam? No, but it’s not worth it!


FBS Review and Tutorial 2021, fbs copy trade review.


If you’re interested in the stock market and foreign exchange as a way to make money online then you’ve probably come across FBS and maybe you’re interested in trying the platform out or still on the fence because you’re unsure if it’s legit or just another scam.


So I did a lot of research and this review is about what I found out about FBS. I suggest you read on to know more about what you’re about to get yourself into. After this review, you’ll be able to make a better judgment about whether to try FBS out or not.


By the end of this review you’ll know:



  • A background on FBS

  • How it works

  • What tools FBS offer

  • The pros and cons

  • If it’s A scam

  • And lots more



FBS review in A nutshell

FBS Review and Tutorial 2021, fbs copy trade review.


Product description: international brokerage company


FBS is a forex company that operates in more than 190 countries. It claims to have 410,000 partners and 15,000,000 traders. FBS offers seminars and events that provide training materials and trading technologies. They claim to cater to both beginner and professional traders.


Overall, I’d say FBS is legit but there are a few some red flags you should know about.


Overall


  • Lots of tools

  • Cheap capital




  • No info on who runs it

  • Doesn't operate in large markets because of legal restrictions



User review

Wanna make money online but sick of scams?



What is FBS exactly?


FBS prides itself to be an award-winning international forex broker since 2009. FBS started in belize and later on expanded to cyprus then to other parts of the world.


Want more idea about what forex is? Here's a helpful explainer video:



Most of the international awards they received are about recognizing them as a transparent broker with some of the best levels of customer service.


FBS Review and Tutorial 2021, fbs copy trade review.


One thing I can tell you is that award committees do not easily give out recognition without doing a lot of research. I must say, FBS passed the legitimacy test with flying colours here.


FBS is also regulated by european financial authorities making them a legitimate forex trading company. (I’ll give you more details about these licenses later on)


Although the claim to be partnering with FC barcelona adds to their credibility, the lack of information on who runs it doesn’t sit well with me. I mean come on, if I join a company, I’d like to know who’s behind it to make sure he’s not just another scammer and that what I’ve read are not just hyped-up claims that will fail to materialise.


Sick and tired of hyped-up claims?

Discover a scam-free way to make money online instead >>


How does FBS work?


First, you make an account by clicking “open live account”. After entering your information, click the “open an account” button. A single mission password will then be emailed to you to verify.


Although FBS offers a total of 6 account types internationally, EU clients are only offered the standard account.


This tells me that the other account offers don’t go in line with EU financial regulations. So to avoid losing their license, they just offered that one account.


Here’s a list of the account types FBS offers:



  • Cent account – this is designed for tyro traders (beginners) who’d like to try their skills with live trading. This starts with a $1 opening balance.

  • Micro account – this is designed for traders who want to calculate their exact profit. This starts with a $5 opening balance.

  • Standard account – this is designed to be the regular account. This starts with a $100 opening balance, for EU clients thought the opening balance is €100.

  • Zero spread account – this is designed for fast speed traders.

  • ECN account – this is for traders who want to experience ECN technology.



To test the waters, FBS also offers a:



  • Demo account – this is designed to allow a trader to simulate the actual trading platforms minus the risks for free. This kind of account is filled with virtual funds of up to one million dollars.



In my opinion, they offer these various trading accounts to cater to the needs of different kinds of traders, so there’s an account for everyone and fewer reasons not to try it out.


FBS is an international company BUT is not available to traders in japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran. That’s a major red flag to me there. These countries have great market potential but FBS is not available for them.


Here’s what I think the reason is:


Japan, USA, canada, UK, myanmar, brazil, malaysia, israel, and iran have tighter financial regulations and may have already seen this might create issues. The trouble could be in the system itself or in obtaining the necessary licenses.


Whatever the case, I think they are evading these countries for legal restrictions. And I know restrictions are made to prevent fraud.


FBS trading platforms


FBS uses MT4 and MT5, products of metaquotes software corporation, a company that specializes in developing trading systems.


MT4 was developed in 2004 and MT5, its updated version was developed in 2010. The 2 platforms basically look alike. The only difference is that because MT5 is more recent than MT4, so it offers more features.


Both these platforms can be accessed using windows and MAC computers.


How about for other gadgets?


This is also available as an app. That's a big thumbs up for FBS.


They also have an FBS copytrade platform; a social platform that allows traders to copy expert traders’ strategy for a commission. This will be really helpful for those who don’t know all the ins and outs of forex trading.


FBS Review and Tutorial 2021, fbs copy trade review.


Other FBS tools


1. Personal area mobile app


It allows a trader to access his demo and real accounts, managing them all in one place. From this app, you can manage your personal profile and add or withdraw funds from those accounts.


Makes things more convenient, great to know!


2. Economic calendar


You can find this at the MT5 platform or on the FBS markets website. It shows the time and date of events that impact the forex market. You can then use this to make analyses and calculated forecasts.


3. Currency converter


This can help a trader who has a different currency from the trading instrument. You can then use this tool to convert currencies based on prevailing rates.


4. Trader’s calculator


This can help you estimate potential profits in a specific trade.


5. Forex news


The news is grouped into categories to help you check when the best time to trade is.


6. Forex TV


Allows you to access weekly marketing insights giving you a better picture of the trading status.


What I like about FBS



  • Lots of tools to help make a good trade

  • Low capital required to open an account


What I don’t like about FBS



  • No info on who runs it

  • It doesn't operate in large markets because of legal restrictions


Wanna make money anywhere in the world?

Get started with your FREE step-by-step beginners course here >>


Is FBS A scam?


Although I’ve mentioned a few red flags, I’d still say FBS is legit and here’s why:



  • FBS market inc. Has the registration number: 119717

  • IFSC regulates it and gives it the authority to operate with the registration number: IFSC/60/230/TS/19

  • FBS.Eu is the european branch of the company. Trade stone ltd is its operator, an investment firm in limassol cyprus. Cysec regulates and gives it authority to operate with the registration number: 331/17

  • As a regulatory directive, FBS keeps the traders’ funds in a different bank account and claims that is it now used for company operations. The good thing with this is even if a broker becomes bankrupt, trader’s investments are safe.

  • EU clients are protected by the ICF. This means that if FBS collapses, investors can receive up to €20,000 as compensation.

  • As protection against fraudsters, FBS implemented standard digital security which involves encrypting its website and platforms with SSL.



When a company goes the extra mile to obtain these licenses and security measures, I’d say they’re legit, because if they were not, they’d be behind bars in an instant.


Other than that, they’ve been operating for 11 years, I’d say that much history won’t be possible if they were just scams.


But here’s the thing: even if I believe that they’re legit, I’d still not recommend it to you. Legitimacy doesn’t erase the inherent risk that comes with forex.


The bottom line


Overall I’m pretty impressed with FBS's platforms and history. Plus I put them in the legit list because of the licenses they obtained.


But like what I’ve said earlier, I still won’t recommend it to you.


If I’d give you a bit of advice on how to make money online the legit way, I’d avoid anything that comes with a lot of risk like forex.


As always with these programs, there's a lot of hype around how much you can make, but they don’t say anything about how much you could lose.


The risk warning down at the bottom of the website is just another way of saying there’s no guarantee you can earn from this.


Remember, forex’s last name is risk. Forisk.


A wayyyy better opportunity to make money online is through affiliate marketing.


It’s legit minus the risk forisk comes with. (I’m getting used to that word now!)


With affiliate marketing, you can start from scratch and learn from their training platforms. Not just that, affiliate experts will offer to coach you when needed.


Affiliate marketing also equips you with the tools to build a solid and legit business.


And you can test the waters out for free. If you want to know more about affiliate marketing, check out this link.


And if you want to start building your business, discover how wealthy affiliate can help you with that.


How I make A living online?


After years of working in call centres I finally figured out how to create a 5-figure monthly passive income stream and become financially free.


Thanks to the right training and a lot of hard work I kissed my old boss goodbye and booked a one way ticket to thailand.


FBS Review and Tutorial 2021, fbs copy trade review.


So if you're serious about building a thriving online business, click here for the exact step-by-step formula I follow.



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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 reviews and comments 2021


I'm on xau/USD trade. The spreads are very high that I burned my $300 account.


Ricardo III 18 january, 2021 reply


I'm on the FBS for some time now - lost more that I gained, but that is just the way I was trading. The only part I've got a problem with right now is the debit/credit deposit/withdrawal issue. At the moment ony way to deposit from a CC is through perfect money or bitcoin - which is just not working for me. I do understand regulations and all but this issue is almost 2 months old and still no resolution for it.


Aljosa 14 january, 2021 reply


I need more details on the level up program for FBS.


Sahl 9 january, 2021 reply


Dear sahl, please find information on our website https://fbs.Com/promo/levelupbonus. For more details you can also contact us via email support@fbs.Com


FBS 14 january, 2021


I'm a trader and decided to try the level up promotion and not only are their regulations bad by forcing people to trade but FBS also manipulates price to hit your SL if you are in profit. I have screenshots on my phone of the real chart on trading view vs the chart on FBS MT5 screen. Anybody who wants to use this broker should think twice. Like they say anybody who wishes to help you for no reason has hidden intentions.


Emmanuel 1 january, 2021 reply


I am a newbie, please give me details of FBS copy trading platform.


Muhammad 10 december, 2020 reply


FBS is a scam broker. I can prove it. I am watching market in monday morning because friday night open sell option on gold I am try to close trade but unable. I contact support and asking that gold trade not close and asking working on that some issue find fbs side. I note market crash after some my trade closing live just open ticket. You can refund it?


Umer 7 december, 2020 reply


Dear sir! We bring our sincere apologies for this situation. Please, kindly contact us via support@fbs.Com and provide the details of your account, so we could check the situation and help you.


FBS 23 december, 2020


I am a bit confused, I really wanted to understand that if I succeed with the trade 100 account, the profit will be automatically transferred to my trading account, that's understood, but do i have to deposit again to be able to trade and withdraw my profit?


Adamu ibrahim 7 december, 2020 reply


Hello, sir!
No, no additional deposit is needed with trade 100 bonus. All you need to do is fulfill the conditions and get 100$ profit.
You can check the full list of terms and conditions in your personal area (https://fbs.Com/cabinet/promotions/trade100).


FBS 23 december, 2020


Can advise me once I trade will I be getting the money I trade with plus my profit?


Sue 2 december, 2020 reply


Thank you for contacting us! Yes everything that you deposit and plus your profit belong to you. You can withdraw your funds in any moment without any restrictions.


FBS 7 december, 2020


I just want to know two things: 1. How do I get my profits when trading with the $100 trading bonus. 2. I am a namibian trader and want to find out if FBS allows banking deposit/withdrawal with nedbank.


Chester 2 december, 2020 reply


Thank you for contacting us! For trade $100 bonus, if you have met all the conditions, your $100 profit will be automatically transferred to your trading account. Please, kindly make sure that you have read the promotion conditions which you can find on the bonus page in your personal area. Unfortunately, we don't work with nedbank, but the list of available payment systems, you can find within your personal area menu withdrawal.


FBS 7 december, 2020


I deposited with a master card and tried withdrawing first to know how quick is that but still yet to receive since 4hours late. But my question is that if I deposited with bitcoin after my first transaction with card can I still withdraw with bitcoin? Trying to avoid expiring or blockage of my card in the future.


Adepoju adewale 25 november, 2020 reply


Please be informed that withdrawal with card takes from 5 days about. We would like to draw your attention that with bitcoin you can only make deposits, unfortunately you can't withdraw to bitcoin. To know more information please contact us via live chat or messengers on FBS.Com


FBS 1 december, 2020


I am actually having a very terrible experience with FBS. I initiated a withdrawal and I was asked to present the detail of a card that I had blocked when I lost it, whereas a new card which was issued as a replacement for the lost card which is linked to the same account from the same bank which I had used for both deposit and withdrawal was rejected. And there is no other means of making withdrawal from my account. This is quite unfortunate.


Olatubo adebayo 24 november, 2020 reply


Did you finally got helped withdrawing later on?


Adepoju adewale 25 november, 2020


So, did you later got a withdrawal?


Wilson 10 january, 2021


For me personally. FBS promises, all problems can be resolved quickly, with an easy deposit without taking a long time. And the telegram service at FBS allows me to have discussions with other traders. I am happy to join the FBS broker


Mustopa 23 november, 2020 reply


I have a cent account here. But I never got any profit. I lost 30k INR in 6 months. Is it possible to earn money in forex trading?


Satyalakshmi 21 november, 2020 reply


Sorry to hear that. We obviously have no interest in making you lose your money. You need a bit stronger theoretical bases like: learn more about money management, risk management, and try new strategies. May we suggest that you make use at the training videos, ebooks on the web: fbs.Com, we also provide regular webinars that can be very helpful.


FBS 23 november, 2020


FBS is a broker that offers a chance to grow up as a professional broker. Pro trader is a status that grants you a right to set your own commission rates. With this, you can trade and attract investors more stractigically.


Chris 16 november, 2020 reply


FBS copystar is the a interesting contest for traders. It intantion is help us to attract more copiers and win brand-new devices by apple. Moreover, all the winners get a PRO status that allows the traders to set a commission they see fit. I think it's really interesting.


Vladistag rojas 15 november, 2020 reply


FBS league provides attractive prizes for me to trade with demo accounts only without withdrawing capital for deposits, while honing my trading skills my demo account has a chance to win cash prizes.


Hairul 14 november, 2020 reply


I opened an account with FBS more than a year ago and till now everything is going fine. The errors are mine. But, seriously, FBS is the only broker I know that offers a promo contest with real money prizes in a demo account. It is a game they named FBS league and, yes, real money in a demo account contest. Just check for yourself.


Francisco jorge 9 november, 2020 reply


The FBS copytrade application really has two great advantages: it's really comfortable if your intention is to operate with your mobile device and it is additionally a vital tool if you want to start in the world of trading without experience, by allowing you to copy the trader you like the most, with what you could even learn too. It seems to me a great bet of said platform.


Vladimir rojas 9 november, 2020 reply


If I deposit $25 and make a profit of $50, will I be able to withdraw all of money from FBS, or I can only withdraw profits?


Abolokeng pitse 8 november, 2020 reply


I love promos from this broker, especially dreams come true program. They helped a lot of people around the world fulfill the meaningful wishes.


Nick dinh 8 november, 2020 reply


I think one of the greatest features of FBS is their admin app FBS trader that allows me to trade mobile, anywhere, anytime. It is very well designed and responsive. This gives me some sense of safety while operating mobile. I like and recommend their app.


Francisco jorge 2 november, 2020 reply


If I make profit from free bonus I can easily withdraw my profit without depositing any money into the account?


Elliot 28 october, 2020 reply


Withdrawal very bad service.


Jukiy 26 october, 2020 reply


FBS is a reliable and trusted forex broker for me since 2009. I like their FBS trader, not only help me manage, trade and others activities when I mobile but also they provide quick start bonus for use it. Quick start bonus give us $100 to explore FBS trade and we can learn and get free money with that promo.


Sunny 21 october, 2020 reply


I appreciated most of the offers given by this broker and i learned a lot during my practice. Am from philippines, i saw some local banks listed from our country in my personal area, am ready to epen live account and deposit fund. However before doing so, my question is, is this local bank listed ready for online banking in terms of deposit and withdrawal if ever there is a profit?


Foxer 21 october, 2020 reply


The most difficut broker I have encountered so far to withdraw money, as though I am begging to withdraw my own money, to deposit it is so easy, they don't for any verification, but to withdraw, they give a lot of conditions, some of which are just nonsense.


Qawi 20 october, 2020 reply


Unfortunately you didn't leave any information about your account so we could check. Please, note that withdrawal process and time mostly depends on the payment system you choose, but all withdrawals are processed manually for security reasons. After being accepted by FBS, it's further processed by the payment system. If withdrawal takes more than average, please, contact us via live chat or messengers we will be happy to help.


FBS 23 october, 2020


@qawi, did you get your money in the end? Because im about to deposit them the money just to get my own money. It doesn't make sense at all. Like why should we pay to get our own money?


Daniel 27 october, 2020


I can't log in on my mt5, I have made a deposit but cannot trade.


Karabo 14 october, 2020 reply


It seems you're entering an invalid password. Type it manually or copy-paste without any extra symbols, or try to recover it.


You can recover/access your trading password and details in your personal area.


1. Log in to your personal area: my.Fbs.Com
2. Click on the account number.
3. You will be able to see the "generate new MT5 password " question http://prntscr.Com/v4hpsw
4. Please, click on "create new" next to it.


After that, the new trading password will be generated for you and all the necessary information to log in provided


FBS 23 october, 2020


Taking part in a webinar from FBS allows me to get trading lessons for free. This really helps me to get the basics of forex properly. So that I can immediately start trading well. I hope the webinars on fbs will continue to go on to help newbies like me.


Yura 12 october, 2020 reply


It is so easy to deposit funds but its harder to withdraw funds. I just want a simple bank wire. Not all that skrill and mettler. Why is it not possible to receive funds the same way I deposit?


We make withdrawal for clients as fast and simple as possible: our financial dep. Is working 24/5, you can see the status of your withdrawal in transaction history. For security reasons withdrawals are processed manually by our financial dep. - usually it takes 10-15 min, in some cases this time may be increased. Unfortunately you can't withdraw with card, with card you can only make deposits and return them back. To withdraw profit you can use local banks, E-wallets, exchangers. At the moment we are trying to add as many other convenient payment systems as possible. For more questions, please, contact us in chat or via support@fbs.Com.


FBS 14 october, 2020


I think i will join team with some team in FBS league open demo account and get win with team. I think we can got the reward. No have risk because we trade with demo account.


Mao 8 october, 2020 reply


At times forex newbies get lost facing myriads of offers from various brokers, with only prime and positive information and prognoses bunched up on their sites. How to choose a broker that won't snatch all your hope away? Communicating with more experienced currency traders and reading reviews about forex brokers will help you gain insight into the subject and to understand how much trust this or that broker deserves.


FBS section is dedicated to the comments and reviews of the traders who either currently trade with this broker, or have had such an experience in the past, or are about to open a trading account with the broker soon.


Positive estimates about the broker do not give an absolute guarantee of successful trading with them; at the same time, negative statements do not necessarily mean that you are to remain in discontent after you become their client.


Each trader eventually has to make an individual decision, whereas other clients' reviews just help to get an overall picture. Judgments on FBS can be favorable or opposed to the company, they comprise various issues related to trading operations or customer services; only the authors of these reviews are responsible for what they write about and in which manner they do it.


It has to be clearly understood that comments and reviews reflect only the subjective opinions of their authors. However, in any case forex beginners should pay proper attention to the views and evaluations of their 'cunning fellows' and to be very careful in choosing a broker.


FBS Review and Tutorial 2021, fbs copy trade review.


FBS is a reliable forex broker trusted by millions of traders around the world. The company has been in business since 2009 and now is present in over 190 countries. FBS is regulated be IFSC, cysec. Besides currency pairs FBS offers trading gold, silver, platinum, palladium, BRN, DAX30.



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



  • 1w

  • 1m

  • 3m

  • 6m

  • 12m





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  1. FM home

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  4. FBS copytrade app was awarded as the best copy trading platform


FBS copytrade app was awarded as the best copy trading platform


The application was highly appreciated by the jury of the “top 50 in financial markets” awards.


FBS Review and Tutorial 2021, fbs copy trade review.


In late october, the investment community of egypt gathered at the biggest financial event – egypt investment expo 2019.


Along with other expo activities, the “top 50 in financial markets” awards ceremony was held on the sidelines, recognizing the best services, both local and global.


FBS broker was the one to receive the award for the best copy trading experience. Let’s have an insider look.


FBS copytrade mobile app was launched in 2018. The idea was to create a perfect social trading tool, so even the beginners could understand it right away. It should be simple.


Flawless. Intuitive. Jam-packed with trading tools but still look like a two-button game. FBS developers released many updates over the course of the app’s history, and the “best copy trading platform” award seems to signify that these goals were achieved.


Copytrade allows people to browse a massive traders network and follow their investment strategies and market behavior. On the one hand, it’s meant for traders with little or no trading background who wish to enter the market through repeating after the pros (these users are called investors).


On the other hand, it’s a platform for professionals who want to expose their performance for copying for commission (traders). Most importantly, the app is a social trading community, welcoming traders of all shapes and sizes to interchange skills and boost individual profits through collective effort.


Suggested articles


Understanding the gaps in forex tradinggo to article >>


In the app, users can create their own portfolios and use multiple filters and stats to find the best traders to copy.


For example, they can filter traders by their return rate score, popularity (the number of copiers), risk level, and activity, as well as evaluate their progress with a certain currency pair, or simply sort them out by name and country.


After that, the investor can set the stop loss, take profit, and the maximum risk levels, and hit a single button to start copying. The good thing about FBS copytrade is the possibility to change the settings anytime you want, and also stop/start copying at any moment.


The application was highly appreciated by the jury of the “top 50 in financial markets” awards because of its balance of sophisticated insides and simple outsides. Since the app comes with zero cost, it has the potential of introducing the forex market to a lot of people who haven’t been its target audience before.


Egypt investment expo is an annual event aimed to introduce the best financial opportunities to the investors in egypt and the arab world.


Top 50 in financial markets awards is a part of the forum where an expert jury reviews the top-performing market players and chooses the best of the best in both global and local markets.


FBS is an international broker with more than 190 countries of presence and 10 years of expertise, providing multi-asset financial and copy trading services.



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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 Review and Tutorial 2021, fbs copy trade review.
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 reviews


161 • average


FBS Review and Tutorial 2021, fbs copy trade review.


FBS Review and Tutorial 2021, fbs copy trade review.


Write a review


Write a review


FBS Review and Tutorial 2021, fbs copy trade review.


Reviews 161


FBS Review and Tutorial 2021, fbs copy trade review.


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!


FBS Review and Tutorial 2021, fbs copy trade review.



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


FBS Review and Tutorial 2021, fbs copy trade review.


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 Review and Tutorial 2021, fbs copy trade review.


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!!


FBS Review and Tutorial 2021, fbs copy trade review.


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.


FBS Review and Tutorial 2021, fbs copy trade review.


I found FBS through social media


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 Review and Tutorial 2021, fbs copy trade review.


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.


FBS Review and Tutorial 2021, fbs copy trade review.


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.


FBS Review and Tutorial 2021, fbs copy trade review.


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!


FBS Review and Tutorial 2021, fbs copy trade review.


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!


FBS Review and Tutorial 2021, fbs copy trade review.


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.


FBS Review and Tutorial 2021, fbs copy trade review.


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.


FBS Review and Tutorial 2021, fbs copy trade review.


I don’t see any disadvantages but there…


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


FBS Review and Tutorial 2021, fbs copy trade review.


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!


FBS Review and Tutorial 2021, fbs copy trade review.


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!


FBS Review and Tutorial 2021, fbs copy trade review.



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.





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 fbs copy trade review

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