Our FBS broker review takes a closer look at the features, benefits, and drawbacks of this broker to help you make an informed decision about whether it's the right choice for you.
What Is FBS Broker?
FBS Broker is a popular online trading platform that offers a range of financial instruments, including forex, stocks, and commodities. With a presence in over 190 countries including South Africa, FBS has become a well-known name in the world of online trading.
FBS is a fully regulated and award-winning international forex and CFD broker established in 2009 with headquarters in Belize and regional offices in Cyprus and the Marshall Islands.
The broker brings transparent conditions for trading and boasts of over 27 million happy clients. FBS is locally regulated under the FSCA.
FBS Broker Review At A Glance
| 🏅 Broker's Name | FBS |
| ⚖ Iwu | CySEC, ASIC, IFSC, FSCA, |
| 📅 Afọ tọrọ ntọala | 2009 |
| 💳 nkwụnye ego kacha nta | $1 for the cent Account & Standard Account, $200 Pro Spread Account |
| 🏋️♂️ Maximum Leverage | 1: 3000 |
| ☪ Akaụntụ Islam? | $1 for the cent Account & Standard Account, $200 Pro Spread Account |
| 💹 Ụdị ihe eji ere ahịa | Forex, ngwa ahịa, nkekọ, mbak, indices, ebuka, CFD, ọla, ike |
| 🧾 Supported lot sizes | 0.01 - 500 |
| 🎮 Akaụntụ ngosi | ✔ Ee |
| 🗣 Languages supported on Website | Deutsch, bekee, Español,Français,Italiano,Português |
| 💸 Payment methods | Neteller; akwụ ụgwọ; Skrill; zuru okè Money |
| 💹 Is scalping allowed? | ✔ Ee |
| ♻ Are multiple accounts supported | ✔ Ee |
| 📂 A na-akwado PAMM | ❌ Mba |
| ⏬ A na-akwado CopyTrader? | ✔ Ee |
Is FBS Safe or Scam?
FBS is a safe, credible and trustworthy forex broker that has a high trust score of 90 out of 99. Through transparent client relations and its comprehensive 24/7 support team, FBS has built a steadfast reputation for reliability.
FBS is regulated by CySEC, ASIC, IFSA, na FSCA and it has negative balance protection making it a safe broker.
Ụdị Akaụntụ FBS
This FBS review found that the broker offers 3 account types to suit the needs of different traders.
Ụdị akaụntụ FBS ịhọrọ site na:
- FBS Akaụntụ Cent - itule na-egosipụta na cents, na-enye ndị na-ere ahịa ohere azụmaahịa dị ala
- FBS Akaụntụ Standard - na-enye ndị ahịa ahịa ahụmịhe azụmaahịa ọdịnala na nke ọdịnala
- Akaụntụ FBS Pro – Ultimate account for large orders and algo trading by expert traders.
FBS Cent Aakaụntụ
This FBS broker review found that this account perfectly suits beginners who want to risk low amounts and test strategies.
| 📊 Account Type | Akaụntụ FBS Cent |
| 💳 Nkwụnye ego kacha nta | $1 / R 16 ZAR |
| 💸 Floating spreads | Site na 1 pip |
| 💹 Commission | Ịzụ ahịa efu-Commission |
| 🏋🏾♀️ Leverage | 1:1000 |
| 📱 Platform | MT4, MT5 |
| 🚀 Tinye akwụkwọ mpịakọta | site na 0.01 ruo 1000 cent nza, na 0.01 nzọụkwụ |
| 🧾 Market execution | site na 0.3 sekọnd, nhazi-site na nhazi (STP) |
| ☪ Conversion option | Dị ka tọghatara na Islamic Account |
You can compare the FBS Cent account with the HFM Cent account.
Akaụntụ ọkọlọtọ FBS
This FBS account type is an ideal choice for traders of all levels seeking optimal conditions.
| 📊 Account Type | Akaụntụ ọkọlọtọ FBS |
| 💳 Nkwụnye ego kacha nta | $1 / R 16 ZAR |
| 💸 Floating spreads | Site na 0.7 pips |
| 💹 Commission | Ịzụ ahịa efu-Commission |
| 🏋🏾♀️ Leverage | 1:3000 |
| 📱 Platform | MT4, MT5, onye na-ere ahịa FBS |
| 🚀 Tinye akwụkwọ mpịakọta | site na 0.01 ruo nza 500, yana nzọụkwụ 0.01 |
| 🧾 Market execution | site na 0.3 sekọnd, nhazi-site na nhazi (STP) |
| ☪ Conversion option | Dị ka tọghatara na Islamic Account |
Akaụntụ FBS Pro
This FBS broker review found that the FBS pro account is perfect for expert traders who want to place large orders and use algo trading.
| 📊 Account Type | Akaụntụ FBS Pro |
| 💳 Nkwụnye ego kacha nta | $1000 / R 16 000 ZAR |
| 💸 Floating spreads | Site na 0.5 pips |
| 💹 Commission | ❌ Commission-free trading |
| 🏋🏾♀️ Leverage | 1:2000 |
| 📱 Platform | MT4, MT5 |
| 🚀 Tinye akwụkwọ mpịakọta | site na 0.01 ruo nza 500, yana nzọụkwụ 0.01 |
| 🧾 Market execution | site na 0.3 sekọnd, nhazi-site na nhazi (STP) |
| ☪ Conversion option | Dị ka tọghatara na Islamic Account |
You can compare the FBS Pro Account vs the HFM Pro akaụntụ.
This FBS broker review found that the broker recently scrapped other accounts it used to offer namely:
- FBS Crypto akaụntụ
- FBS ECN account
- FBS Zero Spread account
- FBS Micro akaụntụ
New traders will not be able to open these types of accounts anymore.
How To Open An FBS Trading Account: Step-By-Step
Nyocha onye na-ere ahịa FBS anyị chọpụtara na usoro imepe akaụntụ FBS dị mfe ma kwụ ọtọ.
Oge achọrọ: 5 nkeji
Soro usoro ndị a dị mfe iji jiri onye na-ere ahịa FBS mepee akaụntụ azụmaahịa
- gaa Leta Ibe ndebanye Akaụntụ FBS
Gaa na FBS ezigbo akwụkwọ ndebanye aha wee pịa "Mepee akaụntụ” bọtịnụ dị n'akụkụ aka nri elu nke weebụsaịtị.
- Tinye nkọwa gị
Enter your valid email and full name. Make sure to check that the data is correct; it will be needed for verification and a smooth withdrawal process. Then click on “Debanye aha dị ka onye na-ere ahịa"Bọtịnụ.
Ị nwekwara ike ịdebanye aha site na mgbasa ozi mgbasa ozi mana anyị anaghị akwado na ọ gwụla ma saịtị mgbasa ozi ndị a nwere aha gị zuru oke dịka ọ dị na ID gị. - Kwenye email gị
An email confirmation link will be sent to your email address. Make sure you open the link in the same browser as your open Personal Area. The system will generate a temporary password. You can continue using it, but we recommend that you change it for enhanced security.
- Choose your FBS Account type
As soon as your email address is confirmed, you will be able to open your first FBS real or demo trading account.
You will need to choose an account type as FBS offers a variety of accounts.
Ọ bụrụ na ị bụ onye ọhụrụ, họrọ nke ahụ pasent or micro akaụntụ iji obere ego zụọ ahịa ka ị na-amata ahịa.
Ọ bụrụ na ị nwere ahụmịhe azụmaahịa Forex, ị nwere ike ịhọrọ ọkọlọtọ, efu gbasaa or ecn akaụntụ - Budata ikpo okwu na-arụ ọrụ maka ngwaọrụ gị
This FBS review found that the broker offers MT4, MT5 and FBS trader platforms for trading. Choose your preferred platform and download it
- Chekwaa ozi nbanye gị
Ị ga-ahụ akaụntụ gị ozi egosipụta mgbe nbudata gị n'elu ikpo okwu.
Gbaa mbọ hụ na ịchekwa ozi a ma debe ya n'ebe nchekwa.
Rịba ama na ị ga-achọ itinye nọmba akaụntụ gị (nbanye MetaTrader), paswọọdụ azụmaahịa (paswọọdụ MetaTrader), na sava MetaTrader na MetaTrader4 ma ọ bụ MetaTrader5 ka ịmalite ịzụ ahịa.
Mgbe ịmechara usoro ndị a, ị ga-emepụta akaụntụ FBS gị nke ọma.
Nyocha gbasara mgbasa FBS
This FBS broker review found that you have the option to either trade with a spread starting from 1 pip or be offered one with a tight spread. The typical spread on the Standard account for the EUR/USD pair is 0.9, and on the Cent Account, the EUR/USD spread is 3 pips.
Ụgwọ ịzụ ahịa FBS
FBS charges overnight rollover fees (swap-free is available) and a cancellation fee of €5 for transactions that have taken advantage of price latency. Accounts dormant for 180 days are charged a €5 monthly fee.
Ụgwọ FBS ndị a na-asọmpi ma maa mma ndị ahịa.
Nkwụnye ego kacha nta FBS
This FBS review found that the broker offers a minimum deposit of just $1 / R16 on all its accounts except the Pro account which has a minimum deposit of $1000 /R16 000.
This makes the broker easily accessible for local South African beginner traders who can start without risking a lot of money.
FBS Minimum Withdrawal
The minimum withdrawal via e-wallets Perfectmoney & Skrill is $1 / R16 whole Sticpay has a minimum of $3 /R48.
Withdrawals via Bitcoin have a minimum requirement of $20
FBS Deposit & Withdrawal Methods
Nyocha FBS anyị chọpụtara na ọtụtụ ụzọ nkwụnye ego na nwepụ dị gụnyere, Visa, na usoro ịkwụ ụgwọ eletrọnịkị, dị ka Skrill, Neteller na Azuzu zuru oke. Ị nwekwara ike itinye ego na wepụ site na Bitcoin.
Deposits are instant and no FBS does not charge for deposits except for Sticpay which charges a 2.5% and an additional $0.30 / R 4.80 ZAR commission.
Fbs Withdrawal Review
How long does FBS withdrawal take in South Africa?
Withdrawals from FBS in South Africa via obere akpa e-wallets like Skrill and Perfectmoney take ruo nkeji iri anọ na ise. Mwepu site na Kaadị kredit ma ọ bụ debit na-ewe ụbọchị azụmahịa 3-4.
FBS Withdrawal Fees: How much is it to withdraw from FBS?
Our FBS review found that the broker charges withdrawal fees as follows:
| 💳 Withdrawal fees – Ebe E Si Nweta / Debit | $1 / R 16 ZAR commission |
| 📉 Withdrawal fees –Neteller | 2% with a minimum commission of $1 / R 16 ZAR and a maximum of $30 / R 480 ZAR. |
| 📈 Withdrawal fees –nnyapade | 2.5% along with a commission of $0.30 /R 4.80 ZAR. |
| 📊 Withdrawal fees –Skrill | 1% along with a $0.32 / R 5.12 ZAR commission. |
| 💰 Withdrawal fees –zuru okè Money | 0.50% commission. |
FBS Platform
FBS offers the MT4 and MT5 platforms. This includes desktop, mobile and web versions. FBS also offers its own proprietary trading platform, FBS Trader.
Nyochaa ahia ahia Fbs: Akụ Azụmahịa
Otu nyocha azụmaahịa FBS anyị chọpụtara na ndị ahịa nwere ike nweta ọtụtụ akụ maka ịzụ ahịa gụnyere:
- Forex – 28 ọkọlọtọ ụzọ abụọ gbakwunyere 16 exotics
- ọla – anọ dị oké ọnụ ahịa ọla
- Ike - WTI na Brent mmanụ crude
- Ebuka (naanị ụwa) - 40 US, 30 UK, na 30 ụlọ ọrụ German
- Ngosi – a long list of cash-based indexes including the NASDAQ
- Cryptocurrency - Azụmahịa Crypto dị site na ngwa FBS Trader na mpaghara nkeonwe dabere na webụ. Enwere ike ịzụ ahịa crypto ozugbo yana n'ụdị ụzọ abụọ 35 - crypto/crypto ma ọ bụ crypto/fiat, dị ka BTC/USD na LTC/USD.
Nyocha FBS: Nkwado ndị ahịa
This FBS review found that the broker has exceptional support. You will find FBS Customer Support available 24/7 accessible either through live chat, international phone lines, email or even social media.
Definitely, FBS stands at a quality support level which is always good and necessary throughout your trading process. FBS gives relevant and fast answers to concerns and questions and is marketed as a client-oriented broker.
Oge nzaghachi FBS:
| Ọwa nkwado | Nkezi Oge Nzaghachi | User Based Response time |
| 📲 Phone | Nkeji ole na ole | Instant to a few minutes |
| 24 awa | Within a few hours or less | |
| 🗣 Live chat | Otu awa | Instant to a few minutes |
| 💻 Social Media | Nkeji ole na ole | Instant to a few minutes |
| 💰 Mgbakwunye | Nkeji ole na ole | Within a few hours or less |
Nyocha FBS: Mmụta
Enwere Ọtụtụ ihe nkuzi na mmemme nke FBS wetara nke e mere iji welie ike ịzụ ahịa nke ndị ahịa ya.
Nke a bụ isi ihe dị mma maka ndị na-azụ ahịa mmalite, dịka nke mbụ ị kwesịrị ịghọta ụlọ ọrụ ahụ nke ọma, na-eme atụmatụ site na Akaụntụ Demo, nke dị na ndabere na-akparaghị ókè wee soro azụmaahịa Live.
At the FBS learning centre, you will find a range of Webinars, Forex Guidebooks, numerous Tips for traders, Video Lessons with Glossary materials. All in all, FBS education is quite sustainable and well organized, also you will find other good tools including research and analysis very important at any step of the trading career.
FBS Review: Pros & Cons
👍🏾Uru
- Obere nkwụnye ego kacha nta
- Edere nke ọma
- Ụdị akaụntụ dị iche iche
- Ụdị ihe mmụta dị iche iche
- Nkwado ndị ahịa na-anabata
- Leverage ruo 1: 3000
- Enyele deposit bonus
- Free ngosi asọmpi
👎🏾Cons
- Mba Zar akaụntụ
- Enweghị ọrụ ndị ahịa si USA, UK, Japan, Israel, Canada
- Anaghị enye mbipụta akwụkwọ
Hụ FBS Nhọrọ
Nyocha FBS: Mmechi
Our FBS trading review has shown that this is a regulated and safe broker that is very competitive in terms of its trading fees. The broker is trustworthy and credible as shown by the fact that 17 million people have chosen FBS to be their broker of choice globally.
FBS represents a brokerage company, which relies on fair-trading services and brings an opportunity to every trader no matter the level of expertise or even the size of investments.
The range of account types, platforms advanced tools, and convenient customer support prove this. Trading costs are average, and there is no misunderstanding in the market that FBS is a model company as an ECN Broker.
We recommend this as one of the Forex kacha mma na South Africa.
Frequently Asked Questions On FBS Review
FBS offers an ECN account to its clients.
FBS is a credible and trustworthy forex broker that has a high trust score. The broker is by CySEC, ASIC, IFSA, na FSCA
Yes, FBS accepts traders from South Africa.
Withdrawals from FBS in South Africa via obere akpa e-wallets like Skrill and Perfectmoney take ruo nkeji iri anọ na ise. Mwepu site na Kaadị kredit ma ọ bụ debit na-ewe ụbọchị azụmahịa 3-4.
Yes, FBS Broker is suitable for beginners as it offers a user-friendly trading platform and a wide range of educational resources.
Yes, FBS is regulated with the Financial Sector Conduct Authority (FSCA) as FBS Markets Pty Ltd under licence number 50885
The article is very easy to scan through because of how the information is presented. As someone who has used the broker, it is mostly accurate. However, there are a few things that have changed since. For instance, there is no copy trading service on the platform anymore.
Thanks for that. I will update the article soon.