FBS is now considered to be one of the best forex brokers in forex market because they offer traders good trading conditions, good customer services. In addition, FBS also give their traders some bonus programs, which are really attractive. In the past, I did not care much about this broker because they had high spreads, slow execution speed and high slippage. However, I change my perspective about this broker because of some reasons. Here are some reasons for me to trade with FBS reviews 2019 now.
Regulations
When it comes to regulations, FBS is regulated by CySEC under registration number 353534. On the other hand, it is also regulated by the International Financial Services Commission (IFSC) of Belize under the license number IFSC/60/230/TS/18.
Reliability
It is acknowledged that FBS won many awards in forex market since they established. They won some awards like “Best Forex Broker Southeast Asia”, “Best Customer Service Broker Asia 2016”, “Best Forex Broker Thailand” and “Best International Forex Broker”. As a result, FBS is considered to be one of the best forex brokers BRKV in forex market now.
Account Types
When it comes to the accounts of FBS, traders will have four options for the accounts, which are Cent Account, Standard Account, Zero Spread Account and ECN account.
- Cent Account: In terms of this account, traders need to deposit $1 as the minimum deposit. It has floating spread. On the other hand, the commission is totally free. The leverage of this account is 1:1000. This account uses the Market Execution of orders.
- Standard Account: The minimum deposit of this account is $100, which is relatively high. In terms of this account, it also has floating spread, while commission is free. The leverage of this account is 1:3000, which is pretty good for traders. This account uses the Market Execution of orders.
- Zero Spread Account: The minimum deposit of this account is $500, which is quite low. In terms of this account, it has fixed spread, while commission is free. The leverage of this account is 1:3000, which is good for traders. This account also uses the Market Execution of orders.
- ECN account: The minimum deposit of this account is $1000, which is very In terms of this account, it also has floating spread, while commission is free. The leverage of this account is 1:1500, which is quite low. This account uses the Market Execution of orders
Commissions & Spreads
FBS, in fact, offers their clients both fixed and floating spreads. 3 pips is the minimum of fixed spreads. The floating spreads begin with the minimum of 0.2 pip. It is obvious that the spreads are very competitive at FBS.
Deposits & Withdrawals Options
In reality, traders have more chances to use different payment methods because FBS is now offering more than 70 types of payment choices, which enables traders to have more options. Traders will be able to choose some payment methods like credit cards, bank wire transfer, and e-wallet. When it comes to withdrawals, it also has many options for traders. Obviously, the payout time will depends on each type of withdrawal payout. For example, if you choose credit cards, the payout time will be 48 hours, while the payout time of e-wallet is spontaneous.
Bonus & Promotions
When it comes to the best forex bonuses and promotions of FBS broker, it is noted that FBS has different types of bonus programs like $50 welcome bonus, the bonus 123, the 100% deposit bonus. Moreover, traders will be able to get an iPhone X because FBS will offer them a special trading promotion.
Customer Support
In fact, FBS forex broker always provide their customers with good services. They have a comprehensive educational center and a detailed FAQ. In addition to these, FBS also supports their traders 24/7 whenever traders are in need. Traders can send them queries through live chat and the support team will answer those queries.