FBS Review and Tutorial 2021, what is fbs trade.

What is fbs trade


  • 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
the FBS broker website is available at all times.

Top forex bonus promo


FBS Review and Tutorial 2021, what is fbs trade.


FBS Review and Tutorial 2021, what is fbs trade.


FBS Review and Tutorial 2021, what is fbs trade.

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.


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, what is fbs trade.
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, what is fbs trade.
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, what is fbs trade.
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, what is fbs trade.
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, what is fbs trade.
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.



Is FBS a scam?


What is the FBS and how it works?


Can you make money with this platform?


We know that there are many trading platforms the promises you to make money, but many of them are just scams and ponzi schemes


FBS Review and Tutorial 2021, what is fbs trade.


In this FBS review, we are going to cover what is the price to join, what is the compensation plan, what kind of products they have, and whether people making money.


Let’s get right into that.


Disclaimer
please note, I am not a member or an affiliate for FBS. This review is based on research and information available online in the public domain.
Any recommendation and conclusions are only opinions and may not apply to all persons or situations.


Overview


Name: FBS
website: www.Fbs.Com (or FBS.Eu for EU market)
price to join
: $1 to $1,000
recommended: not really. Still, it is an MLM company.
I recommend affiliate marketing. Check the pros and cons of both business models (affiliate marketing vs. MLM).


FBS summary


FBS is an international online broker that offers to trade in forex. This is supposed to be a friendly platform for beginners and advanced traders as well.


However, there is no information about who runs this company.


This company is regulated in the EU by the cyprus securities and exchange commission and by the international financial service of belize.


However, FBS is banned in big trading markets, like the USA, canada, or japan.
The service they offer seems legit, so it is not quite clear why they do not operate in those big markets.


The good thing about the FBS is that the minimum deposit can be $1 (depending on the specific account).


From first sight, it is not quite clear whether FBS is a scam or not, although I would recommend searching for more legitimate platforms.
The reason being is that there are some issues (red flags if you will) with the FBS.


For example, there are a lot of people complaining about the withdrawal process, and also that FBS support is not responding.


My recommendation is – not to get involved with the FBS.


There are many legal ways how to generate consistent income.


I personally prefer affiliate marketing, where I run one website that generates me 4 digits online.
Here is a link to the method I have been using since 2017.


FBS Review and Tutorial 2021, what is fbs trade.
Sign up for free and I will guide you through the platform.
No credit card needed – just your email.


What is FBS?


FBS is an investment company that helps you to generate profit by marketing their services and products. The company was founded in 2009.
According to their privacy policy, this company is regulated by the cyprus securities and exchange commission.


Cyprus is a well-known country due to the fact that a lot of scammy companies have their headquarters there. Now does it mean right away, that FBS is a scam?


No, at least not at this point.


FBS is basically a forex trading company offering services. They also offer education products for forex trades.


FBS Review and Tutorial 2021, what is fbs trade.


The company claims to have more than 15 million active traders in more than 190 countries.
Based on the number of monthly visits the site FBS.Com gets, it is probably about right.
(the site FBS gets more than 2M visits per month).


We are going to find out that people from certain countries (like the US or UK) can’t register with the FBS.
This to me is a red flag.


A person who is allowed to register (the list of countries below) can earn money once opens one of the accounts (we will get there in more details in a bit).
There are 2 ways how o make money:



  • The first way is to through investing and trading

  • The second way is to promote FBS and make commissions



One must be careful when it comes to investing; there are many companies that are literally pyramid schemes, or ponzi schemes (just like beurax or petronpay).


I am sure you know that FBS works as a multi-level marketing company.
You will be paid according to the number of people below you. In fancier words, when you build your team.


Of course, this recruiting part is optional but make no mistake.
The only real money is in recruiting.


So let’s dig a bit deeper.


Who runs the FBS?


It is not clear who the owner is.


I find this as a red flag since most legitimate companies reveal who the CEO or founder is.
Unfortunately, it is not the case with the FBS.


What I also find disturbing is a fact that this company reveals a number of shell companies operating from:



  • FBS inc. In the marshall islands

  • HDC technologies ltd in cyprus

  • FBS markets inc. In belize



Nevertheless, they have their own youtube channel and the person that walks you through webinars is elizabeth belugine.
According to her FB profile, she is from st. Petersburg, russia.


Most likely she is not the founder and only works for FBS.


For example here is a video where she explains, what are the advantages of the forex market?



There are also a lot of videos including webinars that have about 1 hour (or more).
I am sure there is a lot to learn.


Who is it for?


FBS seems like a good platform for both beginners and advanced traders.


As mentioned above, there are certain countries where their service is not available.
Let’s take a look at the countries that are banned from using their services



  • USA

  • Canada

  • Japan

  • Brazil

  • Israel

  • Myanmar

  • Iran



Why?
Could it be that these countries have strict regulations against scammy companies?


Here is the list of countries where 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.


Is FBS a pyramid scheme?


It is important to distinguish between regular MLM and a pyramid scheme.


The fact is that every MLM company has routes in a pyramid scheme.
To make it legitimate, a company must offer retail products.


The distributor or IBO’s (independent business owner) should be able to earn solely from selling these products – whether it is a tangible product (like in the mary kay or amway case) or it could be course or service.


By now we know that FBS offers services, so it can’t be called a pyramid scheme.


But if you want to know how to post a pyramid scheme here is a short video:



How to register with FBS?


You can open an account assuming you are not from the banned country.


Just enter your email and then you will have your account information assigned.


FBS Review and Tutorial 2021, what is fbs trade.


Before you can make a deposit, you are required to fill out the survey.


It concerns your personal data like



  • Date of birth

  • Citizenship

  • Your address

  • Phone number



And other questions that I personally find annoying.



  • Are you a politically exposed person

  • How many times did you trade over the past year?

  • What is your employment status and your “sphere”

  • What is your source of income and your net annual income?



Then based on the results you get the retail status with a recommended deposit you can trade.


FBS Review and Tutorial 2021, what is fbs trade.


After that just select the way how you want to make the deposit.


What products (accounts) does FBS offer?


These are not exactly products, but rather accounts you can open.


FBS Review and Tutorial 2021, what is fbs trade.



  • Standart – this is for experienced market players. The initial deposit is $100.

  • Cent – this is for beginners, people who are just starting to learn about forex and that is why the initial deposit is $1 only.

  • Micro – fits the best for those who like math and can calculate their profit. The minimum deposit is $5

  • Zerospread – this is for those who like trading fast. The minimum deposit – $500.

  • ECN – and finally, this account is the best for those who are confident and want to trade with the ECN technologies. The minimum deposit is $1,000.



So depending on your experience you can start with $1 or $1,000.


You have both (MT4 and MT5 )metatrader platform available also as mobile apps.


FBS Review and Tutorial 2021, what is fbs trade.


These apps allow trading on financial markets via android and ios.
You can also monitor your account status, buy and sell financial instruments, or track the history of trades.


Compensation plan


Most MLM companies have a pretty tricky compensation plan. In many cases, you have to through 20 to 40 pages, and it is still not clear what the deal is.


FBS offers a pretty simple compensation plan.
They use a 3 level system (uni-level) that looks like this:


FBS Review and Tutorial 2021, what is fbs trade.


The trading commission is paid down to 3 levels:



  1. Level 1 – you get 100% on the trading activity of your affiliate (or trader)

  2. Level 2 – 15%

  3. Level 3 – 5%



Is FBS a scam?


FBS is not an outright scam.


People who are just getting started, earn money
but the problem seems to be with support and communication when it comes to withdrawal.


Also due to the MLM structure, I am afraid that most people will not make enough to pay the bills.


Don’t get me wrong. There is certainly a great opportunity to make money with forex.


But I would be careful joining shady companies with unclear ownership and yet operating from a scammy friendly country.


My advice – if you want to learn how to make money with forex, do more research and find a legitimate company with a history that does not ban certain countries.


Please note, that whenever there is an MLM structure involved, it always works as the following:


FBS Review and Tutorial 2021, what is fbs trade.


Before we wrap up…


A long time ago I was involved with one MLM company, and it did not work out.


I went through a lot of jobs and eventually I have learned something about online marketing.


Long story short, now I know how to create a website that drives free traffic, and most importantly, this website earns me 4 figures.


There are plenty of ways on how to make money; I personally think that being in online marketing is the best way to go.
To be more specific I earn money with affiliate marketing.


At the bottom of the post, there is a link that directs to my #1 recommended platform.
It concerns one specific educational platform that teaches how to create a website that generates income.
I am sure you know that it takes special knowledge to succeed online. And this is a perfect platform that teaches everything, step by step from the basic stuff to advanced one.


What I like about FBS


FBS Review and Tutorial 2021, what is fbs trade.



  • The compensation plan that is simple and easy to comprehend

  • Long established company (based in 2009)

  • MT4 and MT5 integration


What I don’t like about FBS


FBS Review and Tutorial 2021, what is fbs trade.



  • Not available in big trading markets

  • No information about who runs the company (who is the founder or CEO?)

  • They have linked shell companies operating out of belize and marshall islands



Conclusion


It does not seem that this is a scam.


Unlike many other forex trading systems, FBS wants their clients to know, that forex trading is very risky and you should use money that you can lose.


However, there is still a number of major red flags that are disturbing.
I personally don’t recommend it.


Remember that, when it comes to investment, keep in mind the following rule:



  • Don’t invest more than you can afford to lose



I would be glad if you can share your personal opinion about FBS. Please use the comment section below, I am sure your opinion will appreciate it by other readers.


Also, in case you have questions don’t hesitate to ask.
I will do my best to provide you with feedback within 24 hours.


Thank you for reading,
mike


How to get started with affiliate marketing?


I have been a member of wealthy affiliate since late 2017 without a prior marketing experience.
Beginning of 2018 I have learned how to build a website that drives traffic and makes sales.


Since the summer of 2019, I am a full-time internet marketer and I work from anywhere I want, whenever I want.
Training within wealthy affiliate teaches how to generate a consistent income in the long run.



Trade forex, cfds, stocks and metals with honest broker


For newbies, risks are 100 times lower


Highest honest leverage on market


Wide payment systems geography


Feel free to choose any account type you like!


For experienced market players making their way to forex heights


Perfectly suits those who are just starting on their way to success on forex


Ideal for those who want to calculate their profit precisely


Designed for those who prefer trading at the fastest speed


For those who want to feel the full power of trading with ECN technologies


To grow your confidence, train your trading skills on a demo account.


Deposit with your local payment systems


FBS Review and Tutorial 2021, what is fbs trade.


FBS Review and Tutorial 2021, what is fbs trade.


FBS Review and Tutorial 2021, what is fbs trade.


FBS Review and Tutorial 2021, what is fbs trade.


FBS Review and Tutorial 2021, what is fbs trade.


FBS Review and Tutorial 2021, what is fbs trade.


Be armed with the latest news


FBS runs a christmas charity event in brazil


Dreams come true winner gets a motorcycle to help him and his students commute


Trading schedule changes due to martin luther king, jr. Day


EUR/USD bulls target again 1.24 area


All attention to biden's inauguration


IBM: breakthrough or reversal?


Market outlook for this week


How to trade ahead and after BOC report?


Market sentiment slightly improved


FBS at social media


Contact us



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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize


The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran


Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203


For cooperation, please contact us via support@fbs.Com or +35 7251 23212.


Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.


Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.


Data collection notice


FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.



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


FBS Review and Tutorial 2021, what is fbs trade.


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, what is fbs trade.


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, what is fbs trade.


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, what is fbs trade.


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, what is fbs trade.


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



What is FBS trading? How can I open FX account and start trading?


What kind of service does FBS offer and what you can do with FBS?


Let’s find out more about this FX broker, FBS!



  • 10 questions and answers to get to know about FBS

    1. What is FBS?

    2. What do they do?

    3. How much do I need to start trading forex with FBS?

    4. How to open forex account with FBS?

    5. How can I get bonuses from FBS?

    6. How much could I lose by trading forex with FBS?

    7. Which account type should I choose?

    8. What are FBS MT4 and MT5 platforms?

    9. I am new to forex trading. Where can I start?

    10. There are many brokers, but is FBS the best choice?



  • Merits of investing in forex with FBS

  • Joining FBS and opening an account is free!


10 questions and answers to get to know about FBS


As the name of FBS grows with over millions of traders, a lot of people may have the same questions.


The article will introduce you the service FBS and what you can do with FBS.


1. What is FBS?


This is a broker company called FBS.


It gives you access to a trading pool called foreign exchange or shortly FOREX.


With FBS, you can invest in forex and cfds (contract for differences) online.


Millions of traders have joined FBS to trade FX and cfds online, and FBS has grown to be one of the largest forex brokers in the world.


2. What do they do?


By opening an account with FBS for free, you can start trading forex and cfds online.


You can also get $100 no deposit bonus for free to start trading without risking your own funds.


The broker works online, letting you earn 24/7 from any location within the planet range.


And you need to work with FBS is an internet access and a smartphone or a computer.


3. How much do I need to start trading forex with FBS?


To start trading forex with FBS, you only need 5 USD, as 5 USD is the required minimum deposit amount.


You can use various methods to transfer investment funds to FBS such as bank wire transfer, credit and debit cards and online wallets (e-wallet).


Although the required minimum deposit amount is very low, you are recommended to have enough funds to support your trading at all times, to avoid margin call and stop out (liquidation of all orders).


If you are not ready to invest with your own money, you can also get 100 USD for free from FBS to tryout the forex trading.


4. How to open forex account with FBS?


To open a forex account with FBS, follow the simple steps below.



  1. Go to FBS registration page

  2. Fill in the required fields

  3. Receive confirmation emails with login credentials for FBS’s client portal and trading account

  4. Login to FBS’s client portal from FBS official website

  5. Make a deposit of your investment fund

  6. Login to FBS MT4 or MT5 and start trading



FBS has several account types for traders. For the comparison of FBS’s account types, please visit the page here.


5. How can I get bonuses from FBS?


FBS runs many bonus promotions and holds trading contests.


The list of the available promotions and campaigns can be found in FBS official website.


To start participating in FBS’s promotions, you must first open an account with FBS.


The terms and conditions (rules) of each promotion can be found in FBS’s client portal.


Before participating in any promotions of FBS, make sure that you have read and understood the rules of the promotions.


6. How much could I lose by trading forex with FBS?


Online forex and CFD trading involves risks.


With FBS, you can lose up to the total deposit amount .


The profit amount you can make is unlimited with FBS.


The maximum loss with FBS is limited to the total deposit amount because of FBS’s NBP (negative balance protection) which protects traders from exceeded losses.


It is important that you do not deposit more than you can afford to lose, even if you are expecting to make profits by trading forex.


7. Which account type should I choose?


FBS offers traders with various account types such as standard, micro, cent, zero spread and ECN accounts.


Each account has different advantages for traders, while the most popular trading account is the “standard account”.


With FBS, you can open multiple trading accounts of different account types.


Open additional accounts to try out all account types, to see which account’s trading condition suits your style.


8. What are FBS MT4 and MT5 platforms?


FBS MT4 and MT5 platforms are the places where you can monitor the markets and place orders.


These platforms will be the hub for your online forex trading, and you must access to them in order to trade forex.


You can download FBS MT4 and MT5 platforms for free from FBS official website.


You can also download FBS MT4 and MT5 on mobiles apps, so you can trade forex and cfds at anytime and anywhere in real time as long as the device has internet connection.


9. I am new to forex trading. Where can I start?


Lucky for you, FBS has full set of educational courses available for free in FBS official website.


If you are new to forex trading, then you can signup for FBS first and get access to the educational materials.


FBS also has multilingual support team 24 hours a day and 7 days a week.


For any inquiries, you can contact them through live chat window, email, phone call and many popular SNS applications.


For more articles, simply search for the keywords in the “search field” on the box available left-up side.


10. There are many brokers, but is FBS the best choice?


Yes, there are hundreds of online forex and cfds broker in the world, and you do not have to choose FBS as your sole broker.


But it is also true that FBS is one of the most popular forex brokers in the world.


We have a list of online forex brokers which is sorted by popularity ranking of brokers.


The top 5 brokers in the list are very competitive, and you may find it very difficult to decide which one is better.


All forex brokers require the same types of documents for account opening and validation, thus you can also open accounts with some brokers at the same time and try them out to see which service is more suited for you.


Merits of investing in forex with FBS


With the above 10 basic questions, you may have now understood who is FBS and what you can do with the company.


For traders who are interested in investing in forex but not sure to choose FBS as your broker, we have lined up some advantages which FBS offers for investors.



  1. FBS has millions of traders
    while many brokers have less than 1 million traders registered to their services, FBS’s community is much larger and you can see how popular FBS is.

  2. FBS supports you 24/7
    no other brokers offer 24/7 multilingual support but FBS does. For any problems or inquiries, contact them and they will come back to you instantly.

  3. FBS has many bonus promotions
    your main purpose to trade forex shouldn’t be the bonuses but still FBS’s promotions can support your trading greatly.

  4. FBS has many account types
    with FBS, you don’t have to worry if their trading condition suits your trading style because FBS has many account types to choose from.

  5. New traders can get $100 for free
    FBS’s trade 100 bonus ($100 no deposit bonus) is the most popular promotion among others. How to get FBS’s $100 no deposit bonus?

  6. Choose from FBS MT4 and MT5
    many brokers offer only MT4, but FBS offers both MT4 and MT5. Get access to 2 of the most popular trading platforms with FBS.

  7. FBS’s service is simple
    while FBS has been improving their service all the time, they always make it simple so investors can understand them easily.

  8. Leverage up to 1:3000
    forex trading’s greatest advantage is the leverage. While the industry average is 1:500 leverage, FBS offers the highest in the world, 1:3000. Find out more about FBS’s leverage condition here.

  9. ECN execution and no re-quotes
    FBS does not manipulate market prices and interfere traders’ orders. With FBS, you have all the tools you need to make profit in forex trading. Find out more about FBS’s order execution here.



Joining FBS and opening an account is free!


All you need to start right now is to sign up via this link and next, learn how to either trade (become a trader) or advertise FBS (become an introducing partner or also called an introducing broker, shortly IB) with the help of some articles available here or FBS’s beautiful video lessons. Everything is for FREE.


Both ways, trading and marketing are very profitable.


Alongside this, you get a personal manager to work even more tightly and develop your campaign more efficiently thanks to our experience and non-stop assistance.


The latter ONLY WORKS FOR THOSE, INTERESTED IN MARKETING (becoming introducing partners).


For traders, FBS gives amazing support and educational materials available by the links above, leading you to the forex guidebook and video lessons.


Visit FBS’s official website today to find out more!



What is forex


Forex (FX) or foreign exchange is the marketplace for buying and selling currencies of different countries against each other. Forex is one of the largest global financial markets for trading various currencies.


The forex market provides services 24 hours a day. It opens five days a week and operates around the world online. It simply means that any person around the globe has access to currency trading — he or she can buy and sell positions at any time of the workweek.


The point is that there is no need for physical presence while currency exchange. Nowadays it is the time of electronic markets. Thus, buying and selling currencies of a particular county against the relative currency of the other county is happening on the internet. Traders open a specific currency position and hope for some strengthening of the desirable currencies if the aim is buying or for some weakening if the aim is selling. Due to such price movements, traders can make a profit.


There is no way to trade a currency one-sidedly. Trading is a relative process — when someone buys, someone sells. Thanks to the difference between these transactions, traders benefit.


FBS Review and Tutorial 2021, what is fbs trade.


How FX works


One of the most important things worth understanding is the fact that the forex market operates as a decentralized structure. In other words, it can be explained like that: there is no physical location where investors go to trade currencies.


Market players are located all over the world. The internet helps them to check the quotes of various currency pairs from different dealers. The main global financial centers accumulate the largest foreign exchange markets. Major cities where these centers placed are london, new york, singapore, tokyo, frankfurt, hong kong, and sydney. All of them perform like so-called milestones for traders. The access to the interbank currency market, traders choose a forex broker who connects them with the international flows.


Who the major forex players are


Forex trading involves many people and organizations. Some of them trade to make profits. Others trade to hedge their risks. Moreover, some traders use foreign currencies to pay for needful goods and services.


The main FX players are super banks like citi, UBS, barclays, deutsche bank, goldman sachs, and bank of america. These banks, collectively known as the interbank market, collect an enormous amount of financial transactions daily.


Large commercial companies are also taking part in the foreign exchange for the purpose of business. Examples of such companies are apple, facebook, and microsoft. Mergers and acquisitions between these companies can create fluctuations in the currency exchange rate. Due to this international cross-border mergers and acquisitions, many currency conversions happen and move the prices.


Apart from super banks and large commercial companies, constant forex market participants are governments and central banks such as the ECB (european central bank), the boe (bank of england), and the federal reserve.


National governments participate in the forex market to handle foreign exchange reserves and provide different trading operations. Central banks affect the market with their policy and statements. They can control inflation and use interest rates for this purpose.


Besides a grand variety of banks, multinational companies, and governments, there are also many risk-seeking investors who are always ready to engage in different sorts of speculations.


It is better to concentrate on the purpose of speculations in the market to clear up what speculation is. This action involves the buying and selling of currencies with the intention to make a profit.


Among a wide range of risk-seekers, are typical retail traders. This group includes individuals, who trade on a daily or weekly basis to earn as much money as possible. Many of them study economic and political news, bank statements, statistical releases, and public announcements, which influence the market mostly, to predict the possible future trend in currencies’ price movements. Other traders prefer to rely on technical indicators paying less attention to what is happening in the world of economics and finances. You can also join this club of people with the aim to profit on price fluctuation and dive deep into the network of different financial institutions.


How to operate on forex


As it was said before, a broker gives traders access to the forex market. Brokers are the companies, which connect people and the interbank market where all the trading processes happen. To make a long story short, any person can trade in the markets with the help of the forex broker.


Brokers provide services for secure and safe trading and software programs, where traders are able to see real-time currency quotes as well as place orders for buying or selling positions (currencies) just in a few clicks.


To start a trading career , it is enough to open an account with the forex broker of your preferences. The spread or commission is the reward for the services of the broker.


How to choose the right forex broker


A trader should pay attention when choosing a broker on three main parameters — reputation, years of expertise, and regulations. Why are these characteristics reliable? The answer is simple — all of them prove that a broker is trustworthy enough to provide financial services. Reputation is responsible for the goodwill of the company and the general outlook. It assets how friendly and supportive a broker is with the clients. Experience in the market means that a broker is qualified enough to organize the trading process with all its peculiarities. As for regulations, this parameter is aimed to make the workflow transparent and secure for the company and its clients. Licensed brokers guarantee protection for traders and their funds.


FBS is a licensed broker, providing high-quality services to its clients since 2009 and is widely recognized as one of the market leaders. The company is awarded numerous international recognitions. For more than 11 years of market expertise company has been showing extremely customer-oriented policy. Despite its worldwide success, FBS meets the needs of every single trades. The team is always ready to help — the support chat is available 24/7.


Moreover, the variety of trading conditions plays one of the leading parts in the process of choosing a broker. Look at the executions, spreads, and commissions that a broker offers. Check whether there is a swap-free option. FBS is famous for its split-second execution, starting from 0 pip spreads in many cases, a 100% deposit bonus for trading, and many other pleasant services for good trading. Our aim is to give traders the best of forex!


This tutorial gives you some central points of the forex itself and foreign exchange trading and may help you to become a successful trader. Please check our next courses out and improve your trading skills.




Interface of the FBS trader


FBS Review and Tutorial 2021, what is fbs trade.


FBS trader - trading platform. Interface. What is what.


FBS trader is a powerful all-in-one trading platform to trade and profit easily. Let’s see, what features the app has.


After registration you will see the main screen with favorite instruments available to trade and your current profit shown in the bottom of the screen.


You can open orders with your favorite instruments in several clicks. To change favorites, go to the list of all instruments*.


You will see the list of all the instruments available in the app, including stocks, metals, etc. Tap the hollow star sign to add it to the favorites. Tap the filled star to remove the instrument from favorites.


There are several more sections to explore in FBS trader. By tapping the orders icon you will open the list of all your orders – active and closed ones.


By tapping the finances icon you will open the screen with your finances. Here you can see how much funds do you have on your account, you can deposit money or withdraw your profit and see the history of your transactions. If you tap the deposit or withdrawal, you will see the list of options available to perform the action. Manage your funds wisely to raise your income with trading!


Tap the сhat icon if you have any issue with the app. Our support team will answer your enquiries quickly.


Tap the more icon to see which account you are using – real or demo one. You can always switch to demo account to practice or switch back to real account to trade on real market. Simply tap the switch button.


Tap on the account settings and see all the main information and your profit with the account on one screen. Know you leverage, transaction history and balance.


Tap on the profile link to see your credentials and address, to set up a PIN and biometrics, to see your login history and logout if necessary.


Congratulations! Now you know the interface of the FBS trader app and can proceed to actual trading.


Forex is easy with FBS trader!



How to trade?


To 'trade forex' means to buy or sell different currency pairs.


For example, the current price of EUR/USD is 1.1000. If you expect the euro to appreciate against US dollar, you buy EUR/USD. This is a common forex transaction. To perform it, you need to open a trading program (metatrader 4 or metatrader 5), click on a “new order” and then choose 'buy'.


As some time passes and the price of EUR/USD rises, you close the position and get the profit. The amount of profit depends on how much the rate of this currency pair has increased as well as on the size of your position.


If your assumption was wrong and EUR/USD declined after you bought it, you will have a loss. Same as with profit, the size of your loss will depend on how much the rate of this currency pair has fallen during this time and the size of your position.


Traders who expect the prices to rise are called ‘bulls’, while those who expect a decline are referred to as ‘bears’. A buy trade is also known as a ‘long position’, while sell trade is also called a ‘short’ position.


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Currency pairs tend to move in trends, i.E. To rise or fall for significant periods of time. “A trend is your friend” is a common saying among traders. If you see a series of higher highs, it’s an uptrend and you should focus on buying. If you see a sequence of lower lows and lower highs, it’s a downtrend and it’s necessary to consider selling. The idea of trend trading is to open positions at the start of the trend and get a big profit as it progresses.


It’s sensible to buy at a lower price and sell at a higher price. Notice though that one currency is always strengthening against another. The same is also true: one currency is always weakening against another. As a result, you have an equal opportunity to buy or sell to enter the forex market. All you need to do is to analyze the chart and the economic potential of the currencies that form a pair and make a forecast about which direction it will move next.


The currency pair rates are volatile and constantly changing. Whichever movements were on the chart in the past, don’t worry that you’ve missed your trade. Right now is your chance to make money on the forex market!



New cashback program in FBS trader


FBS Review and Tutorial 2021, what is fbs trade.


FBS trader – all-in-one trading platform – credits cashback for every closed order. The rule is very simple: more trades – more cashback.


FBS trader is the first mobile trading platform with cashback. Constantly updating its features, FBS trader is a choice #1 for traders in asia and the middle east*. Cashback is one of its promotions that make trading more beneficial for FBS trader clients.


How to get cashback


Cashback is credited on just two simple conditions. When a trader:



  • Activates cashback in FBS trader

  • Has at least 5 lots traded for the past month.



After that, the trader gets as much cashback as the level grants. There are four levels to take advantage of (5%, 10%, 15%, and even 20% of spread), and they are so easy to upgrade anytime. To get a new level, a client simply needs to continue trading.


Who can get cashback


Cashback is available for both new and regular users – no restrictions on that. Anyone can try out new mobile trading with cashback and see how beneficial it is.


Unlike most programs that credit cashback once a month, cashback in FBS trader is credited right on the next day after the order is closed. The waiting time is reduced to a minimum so that a trader would enjoy cashback as fast as possible.


Important to note that there are no restrictions on trading instruments to get cashback. Any instrument counts. Forex, metals, commodities, stocks – they all wait for a trader to take advantage, profit, and get extra cash with every trade.


What is FBS trader


FBS trader is a product of FBS, a trusted broker, which is well-known among the global trading community. FBS strives to offer services and products of the highest quality. This trading platform is available for ios and android devices and allows to trade anywhere.


The easy-to-use interface and outstanding customer support of FBS trader attract clients from all over the world. *in 2020, global banking & finance review awarded FBS trader best mobile trading platform asia. This november, FBS trader got one more award, “best mobile trading platform”, at smart vision egypt investment expo 2020.





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 what is fbs trade

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