The
Company
Established
back in 2009, FBS is now a popular international broker which has won numerous
awards. It offers its clients competitive trading conditions, wide range of
trading accounts, payment methods, a choice of fixed and variable spreads,
Metatrader 4 and MetaTrader 5, as well as various promotions. Behind the
brand is FBS Markets Inc., a company licensed and regulated by
the International Financial Services Commission of Belize (IFSC).IFSC
has very liberal control over forex brokers, but still, the regime in Belize is
far better than those in other offshore jurisdictions.
In
2017 FBS, undertook an important step and got licensed in one of the most
popular destinations for forex brokers – Cyprus. Its EU entity Tradestone
Limited operates under the regulatory oversight of the Cyprus Securities and
Exchange Commission, a.k.a. CySEC. Forex brokers licensed by CySEC must comply
with a number of requirements regarding capital adequacy, transaction
reporting, clients’ funds segregation, AML policies, etc. Besides, all
licensed entities are members of the Investor Compensation Fund,
which may cover a maximum of 20,000 EUR per person in the event of broker
insolvency. Furthermore, under the MiFID regulations every CySEC-regulated
ibroker is entitled to operate throughout the EU and the EEA.
Company Overview
Company Name
|
FBS Markets Inc
|
Headquarters
|
No.1 Orchid Garden Street,
Belmopan, Belize, C.A.
|
Website
|
|
Regulation
|
IFSC , Cysec
|
Trading Instruments
|
Forex , Metal , CFD ,
Cryptocurrency
|
Trading Platform
|
MT4 , MT5
(desktop , mobile , webtrader &
multiterminal)
|
Deposit /
Withdrawal
|
Visa/Mastercard , Neteller , Skrill
, WebMoney , Perfect Money ,
OkPay , YuuPay , Wire Transfer ,
Local Depositor
|
Bonus
|
Bonus $123 , Bonus $88.8 , Bonus
$50 , 100% Deposit Bonus
|
Services
|
Deposit Insurance , CashBack
Program , VPS ,
FBS Pro Demo Contest
|
Customer Service
|
Live Chat
|
Account
type
|
Minimum
deposit
|
Minimum
trade size
|
Maximum
leverage
|
Average
Spreads (& Commission)
|
Cent
|
$1
|
0.01 lot
|
1:1000
|
2 pips
|
Micro
|
$5
|
0.01 lot
|
1:3000
|
3 pips,
fixed
|
Standard
|
$100
|
0.01 lot
|
1:3000
|
0.9 pips
|
Zero
Spread
|
$500
|
0.01 lot
|
1:3000
|
0 pips,
fixed + $20/lot
|
Unlimited
|
$500
|
0.1 lot
|
1:500
|
1.1 pips
|
ECN
|
$1000
|
0.1 lot
|
1:500
|
form -1
pip + $6/lot
|
While most
brokers provide several account type options, Clients of FBS are offered a
choice of six. All of them offer market execution and the chance to trade in
micro lots in Cent account for easier risk management. Besides, FBS’s clients
may choose between fixed and variable spreads, commission-free
trading and zero spread plus commission. In addition, FBS
provides swap-free (Islamic) accounts as well as VIP Services.
STP/ECN environment is also available with this broker.
The service
that we like the most about FBS is the deposit insurance (available for Cent,
Micro, Standard account types), which helps you to insure between 10% and 100%
of your deposit – as long as you have traded a certain number of lots, the
broker pays you back the insured amount in case you lose it. This way you can
stop worrying about your investment, and can focus on making some dough
instead. Keep in mind that this broker does not provide financial services
to residents of Belize, the USA, Russia and Japan.
*Risk
Warning: Forex and CFD trading involves significant risk to your invested
capital.