FBS

FBS (Finance Freedom Success) is a serious enough international broker that has been providing trading services for forex and CFD speculators all over the world at the markets for many years (since 2009). Today, it is a leading platform with a wide range of functionality, which follows modern trends in trading. More than 13 million clients trust the promising organization and successfully work with it.

And still, is FBS a scam, fraud, deceit or a serious forex broker with impressive features, a functional platform and fast withdrawal? You can find out about all this if you get acquainted with the review of the site.

 

Terms of Trading with FBS

FBS is a successful modern brokerage company, offering its customers favorable terms of cooperation and a large number of assets, as well as CFD and precious metals trading. The company’s website is one of the reasons why you can find a lot of positive feedback from traders on the web. The company has the necessary regulation, fixed spreads, 6 different types of trading accounts, and offers the opportunity to open a micro account. A micro account is a great way for beginners to start trading without a large investment, as the trader receives $5 in the form of a bonus. All the profit that the client received from the bonus, the broker allows to withdraw from the account.

Experienced traders will also be able to fully appreciate the high-quality analytics provided by the broker. The most relevant news are published daily, prepared by experienced experts. Clients can also find detailed reports on the market situation and other useful information that will surely help them make the right trading decisions.

Special attention should be paid to the insurance program of trading accounts against losses, which currently has no analogues among forex brokers. Each client can at any time insure funds on his account and get them back in case of loss in trading.

 

FBS Platform

To ensure smooth and efficient trading, the broker provides clients with reliable forex trading platforms – MetaTrader4 and MetaTrader5. MT4 is the most popular platform among forex brokers, so it is often considered a model trading platform for online trading. The platform is quite easy to use and can adjust to the needs of the client. Also

MetaTrader4 offers a wide range of available instruments, many technical indicators and a comprehensive charting package. Also the platform is popular due to the possibility of automatic trading with the help of Expert Advisor. MT5 is an updated version of the trading platform, which has all the advantages of MT4, but is more advanced. MetaTrader 5 has more technical indicators, has an improved interface and provides better performance.

Broker quotes

As stated on the website fbs.com, the company provides timely and accurate analytical information, as well as full support from FBS specialists ensures the most effective work of traders. The main criterion of broker’s honesty is the Last-price, which means that the company takes the quotes directly from the exchange. FBS broker works according to this very principle and offers its clients the opportunity to trade on CFDs with Last-price values.

 

FBS Mobile App

In addition to the WebTrader versions, the company provides its clients with optimized mobile versions of MT4 and MT5. The application works on both Android and iOS systems and has the basic functionality of the desktop version. You can download the application via Google Play or App Store.

 

Bonuses at fbs.com

Affiliate Program

Those users who become members of the referral program and invite new clients to the project receive additional profits and valuable prizes for successfully attracting clients.

 

Deposit and Withdrawal

CFD and Forex broker FBS is widely known in many respects because of the careful design of the service, which makes interaction with the site comfortable and profitable. The advantage of the company is that transactions in the system are possible with the help of different payment systems. Deposit/withdrawal methods:

• Bank transfers (Visa/Mastercard);
• Payment systems (NETELLER, Skrill, PerfectMoney, OKPAY, Astropay, etc.);
• Cryptocurrencies (Bitcoin, mybitwallet).

Timing of transactions – from 15 minutes to 5 working days, depending on the service that the trader uses.

 

Complaints about the FBS

FBS – is a popular market broker, whose services are used by a large number of traders, so there are a lot of reviews of speculators in the network today. Among the positive points of the platform, clients note the excellent reputation of the broker, favorable conditions, fast execution of transactions, the presence of insurance, demo trading, interesting bonuses and contests, it is also adequate spreads, fast and clear withdrawal of capital without delay (including cryptocurrency, crypto wallets), high-quality analytical materials.

Some traders recommend the company as one of the best on the market for reliable and stable cooperation with the possibility of real income. It should be noted, that a manager works on behalf of the organization, who studies reviews about FBS and answers traders’ questions. This proves that it is important for the broker to hear the user’s opinion. Among the negative reviews about FBS more often there are comments about problems with feedback (long support service answers), delays in withdrawal of funds, scalping trading (slow execution of orders), unprofessionalism of managers, and long verification.

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FBS Broker Regulator

FBS is regulated by CySEC #331/17. Although the Belize International Financial Services Commission is not as well-known an institution as the UK financial regulation and supervision, it is the government organization that regulates at the legislative level all financial market participants in Belize.

fbs.com User Agreement

The “User Agreement” is the main document in which the terms of cooperation between the client and the broker are prescribed, as well as possible risks and other pitfalls. Let’s consider the individual clauses of the agreement in more detail.

It is stated at the beginning of the document that the agreement must be read carefully by the client. Registering on the website fbs.com, the participant guarantees that he has read all the provisions of the agreement, understood their meaning and unconditionally accepted them.

The agreement specifies the spreads and states that the company has the right to change positions on the client’s account with notification of the user. It also applies to already opened positions.

The item “Commission and other expenses” informs that all information about commissions and other expenses is published on the broker’s website. Also the company can change the amount of commission and other expenses without warning the clients about it. All changes related to this clause are published on fbs.com website in the “Company News” section.

Also, the company is not obliged to disclose to the client any reports of profits, commissions and other fees that have been received by the broker for the trading of the client, provided that all applicable rules and regulations of the company are observed.

The agreement states that by registering on the site, the client confirms the fact that he is aware of the possible risks associated with conducting trading operations on global financial markets, including:

• the risk of incurring partial losses or losing all of his initial capital as a result of buying or selling any financial instrument. The client agrees that he is willing to accept this
• risk and accepts the fact that he will not be able to recover the lost funds;
• when trading on “Margin Trading” conditions, a relatively small change in the rate can greatly affect the balance of the Client’s trading account. If the market moves against the Client’s position, the Client may incur losses in the amount of the initial deposit and any other additional funds deposited to support open orders;
• a wide range of instruments has a large change in rates during the day, which implies a high probability of profits as well as losses when trading;
• the user assumes the risk of financial loss due to failure of information, communication, electrical and other systems on his part;
• the risk of irregular market conditions;
• the client acknowledges that in market conditions other than normal, client order processing time may increase, the spread may be widened, and the quote for execution may differ from the quotes in the flow.

Also the Client acknowledges that the only authoritative source of information on the quotes flow is the main server, which serves clients and executes transactions on real accounts. The quotations databases on the client terminal shall not serve as an authoritative source of information on the quotations flow, because in case of unstable connection between the client terminal and the server, some quotations from the quotations flow may not reach the client terminal.

The agreement also describes force majeure circumstances in which the broker may not act by the rules of the agreement. Force majeure circumstances include any actions, events or circumstances (including, but not limited to, any strikes, riots, acts of terrorism, floods, extreme weather conditions, earthquakes, fires, wars, labor disputes, accidents, government actions, connection and power failures, equipment and software failures, etc.) that, in the company’s opinion, lead to market destabilization, termination, liquidation or closure of its activities.

The Customer agrees that in the event of force majeure, the Company shall have the right (without limiting the Company’s other rights under this Agreement) to take any of the following actions without prior written notice and at any time

• increase margin requests;
• close one or all open positions at a quote that the company reasonably believes to be correct;
• suspend or modify the application of one or all of the provisions of this agreement if force majeure prevents the company from complying with those provisions;
• revise the financial result of all trading operations of the Client falling under force majeure by changing quotations, opening or closing orders or completely removing orders.

 

Is FBS a Scam?

FBS – is an impressive international company with great experience today and can rightfully be called the leading Forex/CFD broker. Representation in more than 190 countries, cooperation with more than 7,000,000 traders in Asia, Europe, etc. – all this is an eloquent testimony to the fact that investors entrust their funds to the market leader company. The brand has an active position and many prestigious awards. Offering the client a variety of unique opportunities and favorable conditions, the organization does not stand still, exactly following its mission: maximum satisfaction of investors’ needs, developing and improving service, and making stable and comfortable trading real.

Advantageous working conditions – this is the first thing that attracts users from all over the world to the successful brand (low spreads from 0.2 pips, comfortable leverage up to 1:1000, low market entry threshold – from 1$, fast execution, no slippage, etc.). Trading in the terminal is carried out only by modern and profitable instruments (forex, CFD, cryptocurrency trading (how to make money on cryptocurrency). Carefully thought-out service is another advantage of the company: a wide range of transaction options, professionalism of the support service, informative website, availability of quality training materials, and up-to-date market analytics. The educational process is also very important for you. The site is constantly updated, and free seminars are offered to all traders regardless of their experience.

A leading broker needs to offer the client automatic trading, scalping, and hedging. For its users it has prepared only the best solutions: trading takes place in terminals tested by time and traders all over the world (Metatrader 4 and 5). Of course FBS broker has to do everything to make its clients feel safe when they are trading on the market, that’s why the question of the company’s regulation is one of the priorities. Today the company has licenses of serious financial authorities (IFSC, Cysec), which increases the trust of its users and proves that this is not a scam or a scam, but a reliable platform.

The company is quite popular among traders, there are a lot of reviews about fbs.com, most of them are positive comments (more often traders praise the reputation and great experience of the broker, favorable terms, quality of service and a lot of useful options). There are also negative aspects of the platform, which are mainly related to the problems with the withdrawal of capital, unprofessional managers, long verification, etc. It should be noted that there is a representative of the organization, who parses the comments from customers, in many ways this indicates that it is important for the company to see the real problems of the service, faced by users. Should you consider Forex and CFD broker FBS a scam, a fraud? Having explored the features of the platform in details, today we confidently answer the question – no. The impressive experience of the company, rapidly growing number of clients, a lot of useful options, regulation, feedback from the support managers have influenced this decision.

 

Conclusion

Leading forex broker FBS today is the undisputed leader on the market, it is a worthy international organization with great experience, many prestigious awards, an impressive number of clients all over the world. The reasons for the broker’s popularity are thought-out and high-quality service, providing really favorable trading conditions, different assets, unique options, regulation – all this attracts new clients to the platform.

Traders can trade the most popular instruments: cryptocurrency (the whole truth about cryptocurrency)The company’s informative website, where traders will be able to use analytical and training materials, is also useful. Also, the informative website of the company, where traders can use analytics and training materials, is convenient for full-fledged work. We will not call the broker FBS a scam, but we are waiting for the real feedback from traders about the platform, which will be able to warn the market participants about the presence of various problems in the service.