FBS Forex Broker Review and simple forex trading tutorial for you by Pegima Trading Education. FBS Forex Broker provides Web Trader, Meta Trader 4 and Meta Trader 5 trading platforms and is one of the reliable, regulated and licensed broker for forex trading since 2009. A welcome bonus of upto $123 is offered ( Also 100% and $50 bonus offers too are available ). They also provide a free demo account ( A free account that can be used to practice forex trading without making any investment. So it is kind of a free test forex trading account before live trading ). You can start a live trading account at anytime with as low as 5 dollars minimum deposit. So learn more about it by going through the FBS Forex Broker review below.
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
What is Forex Trading ?
Forex is the global foreign exchange market in which buying and selling of currencies take place worldwide among banks, hedge funds, trading & finance institutions and retail traders. In forex trading, you can make a revenue by making correct predictions of price movement via a regulated and licensed international forex broker that provide the trading platform. FBS forex broker is one such highly recommended Forex brokers to trade Forex.
Key Features of FBS Forex Broker Trading ?
Why choose FBS Forex Broker ?
1) Regulated & licensed Forex broker by both CYSEC Cyprus and IFSC Belize
2) Providing trading services since 2009
3) Over 6 000 000 registered traders.
4) Meta Trader 4, Meta Trader 5, Web Trader Supported
5) 24/7 excellent customer support
6) Instant Deposits
7) Generally withdrawals are processed within an average of 1 – 3 days
8) FBS Forex broker supports Deutsch, English, French, Italian, Portuguese, Spanish, Arabic, Bahasa Indonesia, Bahasa Malaysia, Bengali, Burmese, Chinese, Japanese, Korean, Lao, Thai, Turkish, Urdu and Vietnamese languages.
How to open an account at FBS Forex Broker ?
You can refer below video to learn about the process of opening an account at FBS Forex Broker.
Requirements for forex trading with FBS broker ?
Anyone over 18 years or above can register free and start trading using FBS Forex trading platforms such as Meta Trader 4, Meta Trader5 or Web Trader using your desktop ( windows / mac ) or Android or ios smart phone / tab. You will only need to submit a scanned copy of your National Identity Card ( If it is in English ) or Driving License or Passport to verify your identity once the forex broker request these documents from you via your account.
You may refer below video to learn step by step guidelines to verify your profile
( Please note that United States, Japan, Thailand, Beliz and Brazil are not yet supported by the broker. if you are from any of these restricted countries, You may try other suggested brokers by Pegima Free Forex Education )
How to deposit and withdraw funds from FBS broker ?
You can make deposits easily using your master / visa credit card or debit card but making deposits via Skrill or Neteller e-wallets would be much better and easier. Also you can use Skrill or Neteller for profit ( when you are successful in predictions ) withdrawals. Generally deposits take place instantly while withdrawals will take place within about 1 - 3 days to process.
How to trade forex with FBS Forex Broker ?
First we need to download and install the meta trader 4 ( recommended )or meta trader 5 ( or you can use web trader without installing ). Then login to a trading account created using your main account.
You can refer below video to learn about the process
Then it is very simple. You can login to your trading account and place trades.If you assume the price may go up, then you can choose “Buy”. If you assume the price may go down, then you can choose “Sell”. ( Choose any appropriate lot size. 0.01 to 0.1 recommended for beginners )
You can refer below video to learn about the trading process step by step.
FBS Forex Broker Frequently Asked Questions ( FAQ )
Is FBS Broker a regulated and licensed Forex broker ?
The FBS Forex company is regulated and licensed by IFSC in Belize and CYSEC in Cyprus
What are the types of Forex trading accounts offered by FBS Broker ?
STP and ECN type forex trading accounts are offered by Broker.
Can we trust FBS and is it reliable to use FBS Broker ?
Yes, FBS is a forex broker since 2009 with branches worldwide. The company is regulated and licensed by IFSC in Belize and CYSEC in Cyprus
Is FBS Forex Broker a Scam or a Bogus Forex Service provider ?
FBS forex broker is a regulated and licensed broker by IFSC in Belize and CYSEC in Cyprus. So it is not a Scam or bogus scheme.
How can I Deposit and Withdraw funds from FBS forex broker ?
Skrill and Neteller are the two main payment processors supported by FBS Broker. Also you can deposit using master / visa cards. Broker also support several more popular payment methods too.
What is leverage ratio in FBS Forex Broker ?
FBS offers upto 1:3000 leverage.
What is lot size in FBS Forex Broker ?
You can start trading from 0.01 lot size onwards
Does FBS Forex Broker offers Meta Trader 4 and 5 trading platform ?
Yes, FBS broker offers both Meta Trader 4 and 5 for both windows and mac desktop platforms. Also offers for ios and android mobile platforms.
Does FBS Forex Broker offers ctrader trading platform ?
Ctrader is not yet supported
Does FBS Forex Broker support USA client ?
FBS does not support any USA clients
General Risk Warning: The financial products offered by broker companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.