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Score
Belize
5-10 yearsRegulated in Australia
Market Making(MM)
High potential risk
Offshore Regulated
Benchmark
Influence
Add brokers
Comparison
Quantity 19
Exposure
Score
Regulatory Index8.72
Business Index7.48
Risk Management Index0.00
Software Index9.99
License Index8.72
Single Core
1G
40G
Danger
Danger
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Company Name
FBS
Company Abbreviation
FBS
Platform registered country and region
Belize
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
What is reason for the inability of trading since June 14th.
Apply for withdrawal on June 17 and it has not been received yet. FBS becomes a fraud platform now and they have absconded.
Fraud platform FBS refuse to withdraw my money after I earn profit and it requires me to use the card of Postal Savings Bank of China for withdrawal. I hope staff can mediate FBS to allow me withdraw through Bank of China
The website was https://fx-fbs.cn. It rejected my withdrawal for many times even if there was only $132 in my account. I filled in the bank account when depositing as they told but still failed. I wanted to withdraw by SKRILL but they required UnionPay instead. I wanted to withdraw $132 to my former account right now.
Huanhuan Li, Peng Lin, scam me. Be vigilant against FBS. I’m cheated of ¥30,000
I want to withdraw, but the FBS requires me to use card of Postal Savings Bank of China, not the card of Bank of China which I use to deposit yesterday.
Every morning from 5:00 to 6:00, the spread is several hundred pips, which is dozens of times of normal trading. The malicious expansion of the spread is forced to close the position, and the profit order is often forced to close the position.
The extraction condition of so-called complimentary 100 is extremely harsh.Most people couldn’t withdraw it.It needs you to complete 500 shares within 50 days,with 30 days of activity,each time 0.01 at most,maximum 5 orders a time and the profit or loss of the order over 100 microdots.When I nearly completed it and withdrew it,the system show that I was trading illegally.The fact is the illegal trading orders were impossible to be listed.I would warn you to withdraw your fund immediately and not deposit in this platform.It is wasting time of earning the complimentary 100.Shameless!
From 2022.6.14, FBS MT5 cannot place orders, what is the reason, does anyone know?
I submit a withdrawal application on June 1, but I have not received the relevant funds so far. When I contact customer service, they keep saying that they have already remitted, so I should contact the bank myself.
FBS rejected withdrawal for 5 times. The customer service refused to approve it due to many uncertain reasons. I deposited and withdrew as they required. They said the payment system rejected it. They could approve my withdrawal if they wanted to.
Every morning from 5:00 to 6:00 Beijing time, the spread is maliciously expanded. It is difficult to deposit funds when the daily orders are about to be liquidated, and the funds will be restored when the positions are liquidated. When the market fluctuates greatly, it is difficult to deposit funds. This means that the trader indirectly liquidates the position. The following is the malicious expansion of the spread and the liquidation. The corresponding time is about 5:14 Beijing time. The original profit order was forced to maliciously expand the spread and liquidated the position.
Because of the serious slippage,the fixed spread account also floated.The platform had no solution to it.
It is my first to operate on this platform, where it offers only ten more tradable currencies. Though I was given 100 dollars, trades making are apt to be prevented while closing out allowed. That is crappy platform.
Me and my friends are newcomers in Forex. We found a platform and decided to have a try. It’s been a month. Yesterday, January 29th, all their positions were liquidated. All our operations were normal. Don’t invest in this platform. Find yourself a more reliable one.
Things pass by, my friend in a business that understands this platform, because of a bad or something is suitable for, to open an account in gold, and then he learned that give to open an account with a gold, let me try, ok I try, then the profit, this wanted to try out first time, no matter how many, can look out of the idea of gold, if is normal, also exactly this platform, because I itself is more trading platform, has always been very well, ok, profit, to gold, according to requirement is not enough, asked customer service said there is no my account, well, forgive me, after all which has oversight, I let my friend is try, the result is the same,Decisive by black!Fortunately the fund is not big, remind you to collect friend, lift put lift just as well, be careful
FBS Review Summary | |
Founded | 1995 |
Registered Country/Region | Belize |
Regulation | ASIC, CySEC, FSC (Offshore) |
Market Instruments | Forex, metals, indices, energies, stocks |
Demo Account | ✅ |
Leverage | Up to 1:3000 |
EUR/USD Spread | Floating around 1.0 pips |
Trading Platform | FBS app, MT4 & MT5 |
Min Deposit | $1 |
Customer Support | 24/7 support |
Phone:+357 22 010970/+501 611 | |
Email: support@fbs.com | |
Online Chat, callback, Help Center | |
Social Media: Line, Telegram, WhatsApp | |
Regional Restrictions | USA, EU, UK, Israel, the Islamic Republic of Iran, Myanmar |
FBS is a regulated broker thatprovides various tradable instruments, including forex, metals, indices, energies, and stocks with leverage up to 1:3000, spread from 0.0 pips and commissions from 0%. It also offers different account types, including Cent, Mini, Standard, Zero Spread, and ECN account with minimum deposit requirement of just $1.
Pros | Cons |
Regulated | Offshore FSC license |
Demo/Islamic account available | Regional restrictions |
Leverage up to 1:3000 | |
Various trading assets | |
MT4/MT5 available | |
Low minimum deposit requirement | |
24/7 multi-channel cutsomer support |
FBS is regulated. These agencies and corresponding license numbers are ASIC: 462359, CSEC: 331/17, and offshore FSC: 000102/460. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.
Traders can invest in 550+ trading instruments, including forex, metals, indices, energies, and stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Indices | ✔ |
Energies | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
FBS has five types of accounts: cent, mini, standard, zero spread, and ECN. Mini, Standard, and Zero Spread accounts offer a maximum leverage of 1:3000. Traders who want to make a minimum deposit can choose to open a Cent account that is $1. If traders want low spreads and low leverage, they can choose to open an ECN account.
Account Type | Cent | Mini | Standard | Zero Spread | ECN |
Min Deposit | $1 | $5 | $100 | $500 | $1000 |
Max leverage | 1:1000 | 1:3000 | 1:3000 | 1:3000 | 1:500 |
Spread Type | Floating | Fixed | Floating | Fixed | Floating |
Min Spread | 1.0 pips | 3.0 points | 0.5 pips | 0.0 pips | -1 point |
Commission | ❌ | ❌ | ❌ | $20 | $6 |
FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app. Traders can download the APK, as well as get on the APP store and Google Play.
Trading Platform | Supported | Suitable for |
FBS app | ✔ | / |
MT4 | ✔ | Beginners |
MT5 | ✔ | Experienced traders |
FBS says to accept 200+ payment methods, such as VISA and Mastercard, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.
Contact Options | Details |
Service Time | 24/7 |
Phone | +357 22 010970, +501 611 |
support@fbs.com | |
Online Chat | ✔ |
Callback | ✔ |
Social Media | Line, Telegram, WhatsApp, Facebook, Instagram, YouTube |
Supported Language | English |
Website Language | English |
Physical Address | / |
FBS is delightedto announce its sponsorship of the upcoming golf event, The Algorithm Grand Prix, scheduled for November 9th and 10th at the scenic Tandil Golf Club in Argentina. With FBS as the main
We are delighted to announce our partnership with the Peduli Anak Foundation, marking the beginning of our first collaborative project. The recent donation from FBS supported the foundations mission o
FBS is committed to making a positive impact during difficult times. Our partners in Thailand, Kanokwan Sriniang and Hirunyapong Vongfutan, have spearheaded flood relief efforts in the provinces of Ch
Were pleased to remind you that FBS is a Diamond Sponsor of the upcoming Traders Fair in Davao, Philippines.On October 26,ourFBS team will be ready to connect, answer your questions, and help you grow
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