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
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FBS Markets Inc
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Headquarters
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No.1 Orchid Garden Street, Belmopan, Belize, C.A.
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Website
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Regulation
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IFSC , Cysec
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Trading Instruments
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Forex , Metal , CFD , Cryptocurrency
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Trading Platform
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MT4 , MT5
(desktop , mobile , webtrader & multiterminal)
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Deposit /
Withdrawal
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Visa/Mastercard , Neteller , Skrill , WebMoney , Perfect Money ,
OkPay , YuuPay , Wire Transfer , Local Depositor
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Bonus
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Bonus $123 , Bonus $88.8 , Bonus $50 , 100% Deposit Bonus
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Services
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Deposit Insurance , CashBack Program , VPS ,
FBS Pro Demo Contest
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Customer Service
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Live Chat
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Trading Accounts
Account type
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Minimum deposit
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Minimum trade size
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Maximum leverage
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Average Spreads (& Commission)
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Cent
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$1
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0.01 lot
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1:1000
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2 pips
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Micro
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$5
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0.01 lot
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1:3000
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3 pips, fixed
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Standard
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$100
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0.01 lot
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1:3000
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0.9 pips
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Zero Spread
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$500
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0.01 lot
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1:3000
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0 pips, fixed + $20/lot
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Unlimited
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$500
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0.1 lot
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1:500
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1.1 pips
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ECN
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$1000
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0.1 lot
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1:500
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form -1 pip + $6/lot
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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.
