Trading with the best forex brokers has always been a burning desire of all forex traders in forex market. Recently, FBS forex broker becomes more and more popular in the market because FBS offers traders many promotional programs. In the past, FBS was not really good because they offered high spreads, high slippage and slow execution. However, FBS reviews is considered to be one of the best forex brokers in the world because of some following reasons.
Regulations
In reality, FBS is regulated by the International Financial Services Commission and Cyprus Securities and Exchange Commission, which are really reliable. Trading with FBS can help traders gain more profits easily without risking a lot.
Reliability
In terms of the reliability of FBS, this broker won many awards in forex market. They won some awards like “Best Forex Broker Southeast Asia”, “Best Customer Service Broker Asia 2016”, “Best Forex Broker Thailand” and “Best International Forex Broker”. It is obvious that FBS is one of the best forex brokers in the world when they won many awards. Traders will be safer when trading with this broker.
Account Types
When it comes to types of account of FBS, FBS offers their clients four types of accounts, which are Cent Account, Standard Account, Zero Spread Account and ECN account. Traders will be able to choose their suitable accounts when it comes to trading. Now, we will look at these four accounts and some basic information of each account.
- Cent Account: This account requires only $1 as the minimum deposit, which is very low. In fact, this account is much more suitable for new traders because new traders do not want to deposit a lot. The account has floating spread, while the commission is free. The leverage of the account is 1:1000. The account uses Market Execution of orders.
- Standard Account: Traders have to deposit $100 for the minimum deposit, which is relatively high. The account offers floating spread and commission-free trading. The leverage of this account is 1:3000, which is good for traders. The account also uses Market Execution of orders.
- Zero Spread Account: When it comes to the minimum deposit of this account, traders have to deposit $500. The account offers fixed spread, while the commission is free. The leverage of this account is 1:3000, which is pretty high. The account uses Market Execution of orders.
- ECN account: Traders have to deposit $1000 as the minimum deposit, which is very high. This account seems to be suitable for experienced traders. The account offers floating spread and commission-free trading. The leverage of this account is only 1:500. The account uses Ecn Execution of orders.
Commissions & Spreads
Basically, FBS offers their customers both fixed and floating spreads, which are really competitive. Floating spreads will begin from a minimum of 0.2 pip, while fixed spread is 3 pips.
Deposits & Withdrawals Options
Speaking of FBS deposit, traders will have different options. In fact, FBS offers their clients more than 70 types of payment options, which are very amazing. Traders can choose credit cards, bank wire, and e-wallet to deposit their money.
In terms of the withdrawals, traders also can choose different options. We have to wait for a certain amount of time when it comes to each withdrawal payout. For example, the payout time of e-wallet is spontaneous, while traders will wait for 48 hours when it comes to credit cards.
Bonus & Promotions
In general, FBS offers their clients many types of the best forex bonuses in 2019 on their website, ranging from welcome bonus to deposit bonus. Traders, in fact, will be able to win an Iphone X thanks to one trading promotion of FBS.
Customer Support
Customer support is always a big concern for the number of forex traders because of the complexity of forex market. Therefore, it would be better for traders to find a broker who offers them good customer services. FBS has a comprehensive educational and a detailed FAO, which help traders address difficulties during their trading. They also support their clients through live chat, which is 24/7.