MyFxBots In-Depth Review of FBS: Strategy Analysis, Backtests, & Live Trading Results

FBS offers several account types designed to accommodate both beginner and professional traders. Account options vary by features such as spreads, commission models, and execution methods:

• Standard Account – Ideal for most users, offering balanced trading conditions
• Cent Account – Suitable for novices looking to practice with low risk
• Pro Account – Designed for experienced traders needing tighter spreads and faster execution
• ECN Account – Offers direct market access with raw spreads and commission
• Crypto Account – Supports cryptocurrency CFD trading
• Demo Account – Risk-free environment to practice strategies
• Islamic (Swap-Free) Account – Available for clients following Shariah principles

All accounts can be accessed via MetaTrader 4, MetaTrader 5, or the proprietary FBS Trader app.

FBS provides over 200 local and global payment methods, making deposits and withdrawals accessible for clients worldwide. The broker does not charge transaction fees and supports instant automated withdrawals for verified accounts. Payment methods include:

• Bank cards (Visa, MasterCard)
• E-wallets (Skrill, Neteller, Sticpay, Perfect Money)
• Local bank transfers
• Cryptocurrency methods (availability varies by region)

Withdrawals are protected with OTP and 3D Secure verification. All client funds are held in segregated accounts at top-tier banks.

FBS maintains a transparent fee structure with highly competitive trading costs. The broker offers:

• Floating spreads starting from 0.7 pips on major currency pairs
• Commission-free trading on Standard and Cent accounts
• ECN accounts with raw spreads and fixed commissions
• Swap charges apply on overnight positions (except for Swap-Free accounts)
• Weekly commission on exotic pairs for Islamic (Swap-Free) accounts
• No internal fees for deposits or withdrawals — all payment charges are covered by the client’s payment provider only

Overall, FBS offers a cost-efficient environment compared to many other forex brokers.

FBS offers flexible leverage up to 1:3000, empowering traders to maximize position sizes while using smaller capital. Leverage settings vary by asset class:

• Forex: Adjustable leverage up to 1:3000
• Metals: Fixed at 1:500
• Indices & Energies: Fixed at 1:200
• Stocks: Fixed at 1:100

Leverage can be changed at any time via the trader’s account settings. While high leverage increases profit potential, FBS encourages responsible trading and provides negative balance protection to help mitigate extreme risk.

FBS offers several promotional bonuses to reward both new and existing clients. These incentives are designed to support traders at different stages of their journey:

• Welcome Bonus — Available during selected promotional campaigns
• Level Up Bonus — A no-deposit bonus for beginners to test strategies
• Loyalty Program — Earn points for trading activities, redeemable for gifts or cash
• Cashback Program — Get a rebate on spreads and commissions
• Partner Bonuses — High CPA and multi-level referral rewards

Bonus availability may vary based on region and account type. FBS ensures that all rewards are offered with transparent terms and withdrawal eligibility.

FBS supports a variety of trading platforms to suit different trading styles and devices:

• MetaTrader 4 (MT4) – A classic choice among forex traders, offering stability and custom indicators
• MetaTrader 5 (MT5) – An upgraded platform with more order types, timeframes, and advanced analysis tools
• FBS Trader App – A proprietary mobile trading app optimized for speed, simplicity, and on-the-go execution
• MultiTerminal (MT4) – Useful for managing multiple accounts simultaneously

All platforms support fast execution, one-click trading, technical analysis tools, and automated strategies through Expert Advisors (EAs).

FBS provides access to a broad selection of tradable assets, appealing to both diversified investors and focused forex traders. The instruments include:

• Major, minor, and exotic currency pairs (70+ CFDs)
• Precious metals – Gold, Silver, Platinum, and Palladium
• Indices – Global benchmarks like S&P 500, NASDAQ 100, FTSE 100, and Nikkei 225
• Energy commodities – Brent, WTI, and Natural Gas
• Stocks – 470+ CFDs on global companies (e.g., Boeing, Tesla, AstraZeneca)
• Cryptocurrencies – Available via dedicated crypto accounts

All instruments are available on MetaTrader 5, while MetaTrader 4 has slightly fewer options, particularly in exotic pairs.

FBS operates under the regulation of the FSC (Belize), ensuring compliance with international anti-money laundering standards and client fund protection. Measures in place include:

• Segregated Accounts – Client funds are kept separate from company capital in top-tier banks
• SSL Encryption – All data transmission is secured using advanced encryption protocols
• Two-Factor Authentication (2FA) – Adds an additional layer of account protection
• Negative Balance Protection – Traders can’t lose more than they deposit
• Verified Withdrawals – Protected by one-time passwords and 3D Secure

These policies place FBS among the safer choices when compared with many other forex brokers.

FBS offers 24/7 multilingual customer support to ensure traders receive timely assistance across all time zones. The support channels include:

• Live Chat – Available on the website and inside the FBS Trader app
• Email Support – Typically responds within a few hours
• Callback Request – Schedule a call through the main dashboard
• Help Center – Extensive knowledge base with FAQs and tutorials

Whether users face technical issues, account questions, or platform navigation concerns, FBS maintains a professional and responsive service standard that surpasses many forex brokers.

FBS provides a comprehensive educational hub through its FBS Academy, offering resources tailored for all skill levels. Educational features include:

• Beginner Section – Covers the basics of forex trading, platform usage, and terminology
• Advanced Tutorials – Focused lessons on risk management, strategy development, and market analysis
• Trader’s Blog – Tips, news, and trading ideas curated by experts
• Glossary – A searchable reference of essential trading terms
• Live Sessions – Periodic webinars and training streams hosted by in-house analysts

This structured learning environment supports growth for both novice and seasoned forex traders.

FBS offers robust research tools to support strategic decision-making across all asset classes. These include:

• Economic Calendar – Live updates on global events and key data releases
• Trading Calculators – Tools to compute margin, pip value, swaps, and potential profits
• VIP Analytics – Daily curated market reports available in 7 languages
• Market Insights – Trade ideas and asset forecasts from in-house experts
• Top Trades Tracker – Leaderboard showing real trades and strategies from high-performing clients
• Telegram Integration – Join real-time updates via the official FBS Telegram channel

These tools provide an edge for forex traders seeking timely, data-driven insights.

Over the years, FBS has earned global recognition for its client-centric approach, competitive trading conditions, and platform innovation. As one of the most distinguished forex brokers, the broker has received over 100 industry awards.

These accolades reinforce FBS’s reputation as a trusted and innovative forex broker in multiple regions.

FBS stands out as a reliable and versatile forex broker, offering flexible trading conditions, comprehensive asset coverage, and world-class educational and analytical resources. From beginner-friendly features like low deposit thresholds and tutorials to expert tools such as VIP analytics and ECN access, the broker is structured to support traders at every level. Its multilingual support, strong regulatory foundation, and award-winning infrastructure position FBS as a competitive choice among global forex brokers.