Here we will review the whole service of FBS.
Who is FBS?
FBS is a trade name for FBS Markets Inc. It is a online Forex & CFD broker regulated in Russia and Belize.
The broker has opened more than 1 million live/real accounts for its traders, which the number is twice more than other normal brokers. We can say that FBS is one of the most popular broker in the world.
In regards to the regulatory authorities which FBS has registered, they(CRFIN and IFSC) can be categorized as minor regulations.
But FBS has been gaining popularity from all over the world with almost zero rational complains from its clients, so the broker is a honest broker with honest business model.
FBS offers normal number of Forex Currency Pairs, Precious Metals and CFDs through MT4.
The lowest spread is 0.2 pip(including commissions) which is lower than most of the brokers.
The leverage is up to 1:3000 which is the highest leverage in the world.
There is no restrictions on trading methods at all.(we haven’t even heard of complains of profit cancellation regarding to illegal trading activity)
The trading environment by FBS is simply excellent, and it is hard to find in other brokers.
Although, there is no PAMM or Copy Trading system offered directly by FBS.
Bonus & Promotions?
FBS offers about 10 different bonus promotions to traders and all of them are so luxurious.
This proves that FBS is able to afford that much of services and FBS is in a stable financial situation.
Some examples of promotions are as follows:
- $123 No Deposit Bonus(the Profits are available for withdrawal)
- 100% Deposit Bonus(up to $20,000 and available for withdrawal by trading required lots)
- Demo or Live Trading Contest(trade risk free and earn real money)
- Deposit Insurance which FBS will cover all the losses in your account if all criteria is met
These withdrawable promotions are hard to find from other brokers.
Also FBS has organized the conditions of promotions smartly, so there shouldn’t be any troubles in the future between traders and FBS and it is win-win promotions for both sides.
FBS seems really helpful when it comes to help traders benefit more.
You may want to go on a livechat with FBS, as the customer service is more than just excellent.
FBS may have got the most kind and helpful support desk among brokers.
FBS will try to immediately solve troubles for its clients.
Not like other normal brokers, you will not get procrastinated by them every time you ask for something.
Everyone hates the brokers saying “your account manager will come back to you soon.” Well, first of all, who is my account manager?
Complains from traders?
There is no complaints from traders at all.
Some traders have accused FBS regarding its bonus promotions but none of them have got reasonable motives yet, so you just need to make sure that you go through the Terms and Conditions for each promotions before joining them.
On the other side, there is no official warning or penalty charges from its regulatory authorities before.
Well programmed system, No trading method restrictions and Excellent customer support would be the reasons why there is no complains from its clients.
Anything to be careful?
You may want to make sure that you are thorough about the conditions of promotions so you won’t misunderstand the rules.
Other than that, arbitrage trading is restricted just like other brokers.
FBS is the first recommended broker in Hercules.