FBS is an international Forex Broker with physical offices in Vientiane and Yangon. The broker was formed in 2009 and regulated by IFSC (Belize), IFSC/60/230/TS/12.
|Trading Platforms||MetaTrader 4
|Minimum Deposit||$1 (Cent account)|
FBS Trading Conditions
The Forex broker offers reasonable spreads, both floating and fixed. Floating spreads starts from 0.5 pips, which can widen at any time, while you will get a minimum of 5 pip for their fixed spread on EURUSD. This is very high when compared to Profiforex and Oanda spreads, which starts from 0.4 and 2 pip (Variable and Fixe spreads). The broker also offers Zero spreads with a starting commission of $20.
Leverage starts from 1:50 to 1:3000, depending on your account type. Specifically, only their micro, standard and zero spread account can use the 1:300 leverage. ECN account is restricted to a 1:50 to 1:500 leverage. FBS trading instruments includes 31 currency pairs, 2 Metals and Crypto-currencies.
FBS-minimum spot out level is 20% and Margin call Level is 40%.
FBS Trading Account Types and minimum deposit
Cent Accounts – From $1
Micro accounts – From $5
Standard Accounts – From $100
Zero Spread account – From $500
Visa/Master Cards, Neteller, Skrill, Bitcoin, PerfectMoney, Mybitwallet, Okpay, FBSExchanger, Wire Transfer, Automate, AL Amin Echanger, Arthoros FBS, FBSLocal depo Malaysia… many others.
We have not traded with this Forex broker, but you can do well to ask other traders on forums if possible. There are bad reviews on other websites about this broker, but their authenticity cannot be verified. The broker has been around form 7 years till now, which shows that the broker is still available for business. We suggest you start with a small capital and conduct your due diligence.
Please drop your review in the comment section to help others make an informed decision.