FBS
FBS Group started its operations in 2009, holds IFSC and CySec licenses. Registered in the Marshall Islands, it serves clients from 20 countries worldwide, excluding the Russian Federation. Contact with the company can be made through online chat or a feedback form. Clients have access to analytical data and professional reports.
FBS Group Trading Conditions
Trading accounts are available in several variations:
- Standard – deposit from $100, leverage 1:3000, spread from 0.05.
- Cent – deposit from $1, leverage 1:100, 1 pip spread, minimum lot 0.01.
- Micro – deposit from $5, spread from 3 pips, leverage 1:300.
- Zero Spread – deposit from $500, fixed spread, leverage 1:300.
- ECN – deposit from $1,000, leverage 1:500, fixed spread.
Account Funding and Withdrawal
Bank transfer, NETELLER, Skrill, PerfectMoney, or a cryptocurrency wallet can be used for account funding. Withdrawals are processed using the same method. Funds are credited within 3-5 days. Verification is required. A commission may be charged by the payment system.
Conclusion
All necessary information and documentation are available on the company’s website. It is recommended to consult with a financial expert before starting trading.
My experience with FBS was incredibly disappointing. Their customer service was next to non-existent, offering generic responses and taking days to respond to urgent queries. The platform is very unstable, often freezing at crucial trading times, which caused me significant losses. Furthermore, the withdrawal of funds was an absolute nightmare, taking much longer than the promised time-frame. Hidden fees seemed to appear out of nowhere, with no reasonable explanation from the FBS team. Overall, I would not recommend using FBS as a broker.