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FBS Reviews

4.5 Rating 249 Reviews
97 %
of reviewers recommend FBS
4.5
Based on 249 reviews
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What’s the best FBS trading account type?
Asked by Tipah bin Masayu (2 days ago)
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Asked by jane (6 days ago)
I like the payment variety, once I saw it was 200 options, or more, it was interesting to see. Means they have good relations pretty much with every bank and country government out there. The regulators, ASIC, CySEC, FSC, also nice to see. The reviews are also encouraging, I like the Daytrading review personaly, very in-depth. But here comes the question: what should I be worried about, then? What is the weakest aspect of FBS broker? Because for me right now from the outside its hard to see any, and that is kind of dangerous, I might not know what to look out for.
Asked by Caio Cunha Lima (1 month ago)
That’s true… FBS sits on the top among brokers with the number of payment methods accepted
Answered by Raharjo (1 month ago)
Of course, any broker has its cons, you should dumb to not admit it. Here, I`d say, the main one, is lack of choice in account types… Scalpers or day traders can suffer from spreads, even though, they`re tigh, in time of good volatiilty, when u need to trade, spreads may widen too. In this case, having zero spreads accs in reserved wanna be nice from the broker`s side, but there is no such option.
Answered by C_Montano (1 month ago)
What are your thoughts on FBS payment methods, do they provide any cryptos for deposits and withdrawals?
Asked by Luciano (1 month ago)
FBS has a lot of payment options, and I thought they would only have typical ones like bank cards and wire transfers. But there are so many e-wallets, and even crypto payments are available. The best part? They support USDT, which is my go-to for fast and easy transactions.
Answered by _buritTh (1 month ago)
Tbh, all depends on your location and jurisdiction, in some countries, you can do it by bank wires and credit cards, in some e-wallets, like Skrill, and in some crypto wallets can be used. IT DEPENDS…
Answered by Manuel Soto (1 month ago)
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Asked by lucy (1 month ago)
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Asked by janel joose (1 month ago)
No doubt, FBS is a popular broker, but what makes them so popular?
Asked by Quadros (1 month ago)
FBS app is one of my most frequently used mobile apps] It offers nearly three times as many indicators as MT4 - and actual trading also happens fast. Has not glitched a single time
Answered by G. Victorino (1 month ago)
The payment method was something I was genuinely worried about and that’s because as a novice trader you have to TEST different ones before knowing which would work well for you but with the anti fraud policy you have to pick ONE ☝? from the get go for both deposit and withdrawals. I use the card method here and it’s smooth!?? I'd like to know how secure my funds are?
Asked by Loc (2 months ago)
FBS makes a lot of effort to put a trader in the center of everything. Attention to requests and feedback, for example!! Does it manage to resolve all the negative feedback they got? I doubt. But the very fact thye re trying and building long-term says a lot about careful attitudes to reputation
Answered by Jerome (2 months ago)
What kind of accounts are available to trade at FBS?
Asked by Arnaldo (3 months ago)
Actually there's quite a selection - depending on your needs, there are: - Cent account This is mostly for those who are learning or just trying out trading - There's a standard account With no commission and spreads from 0.7 as they say. This one covers the needs of most traders, and has good leverage. SO the only thing left is the straaegy, and if you have it, then good luck
Answered by David C (3 months ago)
Is FBS good for position trading, I can't seem to find info on the swaps for shares and currency pairs?
Asked by Enzo Aranda (4 months ago)
Oh yeah, FBS is very good for that. Swaps are small, but they exist. Unless you do the islamic account (and you can do it at any time too, don't need to send them the proof, its just a toggle in the UI). One great thing is, they have positive swaps as well. So one of my strategies here is, find the asset that is trending in the direction that has positive swaps (there are usually at least 5-10 of them), and hop in for a trend! Have to make a good entry too, ideally, but the rest just trades itself. That is straight-up positional trading at its finest. And when the trends change, or you get tried of that, can enable swap-free, and contineu trading in any direction you like. Love this.
Answered by Gondo J. (3 months ago)
Is fbs broker popular in the trading community and if so, then... why?:)
Asked by Galang Nugroho (5 months ago)
I dont know how involved you are in the study of brokerage companies, but I can say that I really study many companies in detail to get the most accurate understanding. Sometimes I look for reviews or articles about brokers in other languages. This helps me understand what traders around the world think for example about FBS. And judging by what I've seen about FBS, this broker is respected in many countries around the world. This is matter for the reputation of brokerage company and I think this is exactly what you wanted to know in your question
Answered by Agustin Valdueza (5 months ago)
Well, if take a look on the raw number, it`s a fact that fbs has gained some sort of popuarity among the traders. 150+counties and 27mln traders at 2022, mahke the facts sepaks for themselves, NUMBERS.
Answered by Paulo Araujo Castro (1 month ago)
Does FBS have a good reputation? If so, what influenced it?
Asked by Douglas Santos (5 months ago)
I can talk from my experience with fbs. As I know, they are present in more than 100 countries, it doesn't mean they`re good, you`ll say, but so many people trade with them, it's a point for me. Other confirmation of their credibility for me was on time withdrawals and the fact that they are regulated broker, sorry don`t remember by whom.
Answered by Gabriel C. (5 months ago)
1. Yes 2. Time, one of the best ways to determine if the broker is good or not is to check how long they are working for. FBS ,. has been here for many years and earned the trust of clients. Also, to get the trust, you have to provide superb and transparent trading conditiosn with good support, otherwise people would not stay loyal. As you might have guessed, FBS has it all.
Answered by Carter Weissnat (1 month ago)
What tips would you share for trading with 3000x leverage, which is available with FBS?
Asked by Fernando Perez (6 months ago)
Oh man, the main tip is - know what you are doing. Have your entry and exit points ready and steady, you gotta have some great execution of a trade.
Answered by Renier Vosloo (6 months ago)
How is FBS app better than Metatrader?
Asked by Enrico M (7 months ago)
Those who have ever used mobile version of MetaTrader understand that almost any application is better FBS app has many advantages over the MetaTrader apps and that's probably why FBS has made it
Answered by Steve (7 months ago)
The FBS application comes with lots of analytics and it’s very simplified to use.
Answered by Jeffrey (6 months ago)
Why should I get VIP analytics, is it good?
Asked by Daniel Queirós (8 months ago)
Man, this is really cool thing. I say this because I have experienceThey wouldn't call it a "VIP" if it was a regular analysys. quality here.
Answered by Imani Roob (8 months ago)
What is so essential about their VIP analytics?
Asked by Everardo Almazan (9 months ago)
Nah, there is nothing special about their VIP analytics, it's just a comprehensive, exclusive offer of valuable information which influences trading results in a better way... U see? Nothing special:)
Answered by Mashudu K (9 months ago)
Did anybody try trading crypto with them? How is FBS compared to regular CEXes?
Asked by Phan Quang Vu (10 months ago)
As far as I know, FBS doesn't provide cryptocurrency trading to its clients. At least I didn't find any information about it on official website.
Answered by Felipe Marin (10 months ago)
Yep, I did. the main difference is that its CFDs here, and not futures or spot :) Meaning, for TRADING, fees are lower. But you have extra risks if trades go wrong direction, cant just outsit it. Can't be in a losses for months, and still come out on top. Have to make gains in a week (preferably, in 1-2 days) of a trade being launched. But if you know it, profits are MUCH better than with CEXes.
Answered by Jaquan (1 month ago)
Given the size of the leverage, how risky is it to trade here?
Asked by Devyn Kautzer (11 months ago)
Wut Dude you set the leverage yourself. Go to your Trading Area and change it, even to 1:1 if you want. You make it as risky as YOU want.
Answered by Ilkan Atalay (10 months ago)
Not exactly risky because the leverage is flexible and you have access to very low ratios.
Answered by Maureo Valiente (9 months ago)
What is your favourite strategy to trade at FBS?
Asked by Gideon S. (1 year ago)
My favorite strategy is probably finding divergences using Bill William AO =) Nice tool.
Answered by S. Pinthong (1 year ago)
Having in mind the trading conditions at FBS, which foster tight spreads, low trading costs and generous leverage, all trading strategies can be traded with such terms. I am an intraday trader.
Answered by Christian O (11 months ago)
Well, I don`t have favorites in terms of trading strategy, because I have only one that works for me Since, fbs gives tight spreads with no swaps commissions, I prefer trading for days and holding positions overnight. Here, I used both liquidity levels and RSI indicators, to find out the point of interest, from where the price will bounce. That`s it, I guess. Donates for my insights are welcomed:)
Answered by Johanika (1 month ago)
What is your payout schedule?
Asked by Evandro (1 year ago)
I withdraw monthly. I've tried weekly too, but that adds to the cost. with monthly withdrawals, I reduce transfer costs and at the same time have more trading capital.
Answered by mogamat botha (1 year ago)
I do it monthly to cut on the transfer costs. I use wire transfer and the transfer costs come around $34 on the amount that I usually withdraw.
Answered by Sesto Russo (1 year ago)
What would you say the distinctive advantage is that made you trade exclusively on FBS? What's the one thing that you love?
Asked by Kaya Y. (1 year ago)
It's hard, because I like many things about this broker. Let me name the first thing I liked. Account deposit. It was simple, profitable and convenient.
Answered by Caldera Tercero (1 year ago)
What do you think about the fact that FBS has removed its account types and now offers a single account type? Does it work for you?
Asked by Sau Kum Thai (1 year ago)
I'd say... nothing fundamental has changed. yeah there is only one account now, but it's universal.
Answered by m. cortes (1 year ago)
Is it a good broekr for trading cryptocurrecies or not?
Asked by John (1 year ago)
Oh, I guess not. You know why? As these guys likely deleted cryptos from the list of assets recently :) Back in the day, there were good conditions I should affirm. It's a pity, actually...
Answered by Zandile Goosen (1 year ago)
It would be a cool platform for trading cryptos, if they were available. But there are other assets, so, no worries, brother. I am sure, if you wanna trade then you can pay attention to other markets.
Answered by Franco (11 months ago)
How should I use this broker's leverage in the safest way possible?
Asked by Valentin (1 year ago)
Always put stop losses. This is the only way you can use it safely.
Answered by Iskandar Zian (1 year ago)
You should use it according to your knowledge and skills. For example it is not recommended to use high leverage for newbies. It can be quite detrimental.
Answered by A. Merwe (1 year ago)
Can I trust FBS’ regulation status?
Asked by Araki Teinosuke (1 year ago)
Of course, my friend! By the way, you can check everything yourself on the regulator's website. You can do it by license number.
Answered by N. K. Jassal (1 year ago)
I think you can. At least millions of trader trust CySEC and FCA and all the regulators that FBS has
Answered by Anh (1 year ago)
Did anybody get anything useful from the FBS analytics?
Asked by Julian (1 year ago)
Yeah, from time to time it supplements my personal analytics and rarely contradicts it =)
Answered by Tep Chavalit (1 year ago)
Of course, for what its worth, first and foremost thing you do is that you learn how to look at the markets, you educate yourself in terms of what kind of data you need to look at, that's very useful!
Answered by Razuan Hiresh (1 year ago)
Do you think it is possible to compensate for the profit size by increasing the size of orders on a Cent account? Or is it easier to switch to a Standard account?
Asked by Osman bin Ahad (1 year ago)
It would be way easier to switch to a standard account. It will suit you by default and you will not add one more headache in your daily trading.
Answered by Ricardo M. (1 year ago)
Where are the most reliable FBS reviews for me to read?
Asked by Nkululeko Munyai (1 year ago)
I don't think I'm ready to recommend any specific sites. Although this one is quite reliable. I recommend reading any review about this broker and then comparing it to the information on the official website of the company. If you are interested, I can write my own review: This broker is worthwhile to start trading with.
Answered by Banlop Taksin (1 year ago)
You are already in the right place brother, it is more than enough.
Answered by Christophe Cortez (1 year ago)
Which expert account do you think is better, ECN or Pro?
Asked by Marc P (1 year ago)
I can not say which one is better becuase that is not like one is better than onether. I am using ECN but you can use PRO. Just it fits my needs better. So you have to count on you and decide based on your strategy! Happy trading!
Answered by Hasim Sitorus (1 year ago)
If I were you I would go with pro straigh forward. You will understand why it is called pro.
Answered by Thales Leonardo (1 year ago)
Is scalping allowed on FBS?
Asked by Damilola (1 year ago)
I'm not a scalper, but I do know for sure in the educational section this company provides, there is an article about scalping. Hence, I can make a conclusions that it's allowed to scalp on the platform. I think the company even fosters scalpers, as conditions on ECN account are suitable enough. Plus, I see nothing bad in opening and closing multitude of positions daily within a short period.
Answered by kabelo Kumar (1 year ago)
Yeah, definitely. With the quick execution and tight spreads that the broker offer, it would be a shame not to even try to take advantage and make a quick buck, even if you are a swing trader.
Answered by Alberto Nieto (1 year ago)