FBS Offering of Investments | A Forex Trading Broker

Pros

Cons

  • Forex and CFD trading
  • Metals and energies trading
  • Indices, shares, and commodities trading
  • Crypto trading
  • No ETF trading

Introduction

FBS is an online forex and CFD broker that’s founded in 2009. It’s operated by Tradestone Ltd and regulated by the Cyprus Securities and Exchange Commission (CySEC) and the International Financial Services Commission of Belize (IFSC).

Trading Products

FBS provides a lot of trading instruments on its platform. These instruments include forex pairs, CFDs, metals, indices, crypto, commodities, shares, and energy trading.

The main disadvantage here is that there is no ETF trading on its platform.

Disclaimer: CFDs have a high risk of losing money rapidly. About 80% of retail investor accounts lose money due to leverage when trading CFDs with this provider. Please note that CFDs are not complying with the islamic religion. And if you want to trade in CFDs you should consider a swap-free account to follow islamic rules.

Learn more about CFDs for muslims.

FBS Offering of Investments

 

FBS

Currency Pairs

28 pairs

Exotics

16

Metals

4

Energies

WTI and Brent crude oil

Indices

Long list of indices

Real stocks

40

ETFs

No

Cryptocurrencies

5

Note:

The FCA bans crypto trading for the UK retail customers from 6th of Jan 2021.

Social Trading

As well as the offering of investments above, there’s also an option to social trading in the FBS platform. This is done by browsing the list of top traders, checking their profit statistics, and picking the most successful ones to copy.

The advantage here is that you can start and stop copying anytime as you want depending on your needs.

FAQs

  1. Does FBS allow bot trading?
  • Yes, it does allow bot trading.
  1. Does FBS provide an islamic account?
  • You can choose any of the swap free accounts like the Cent, Micro, Standard, or Zero spread accounts. All of the previous accounts have an option of swap-fee.
  1. Does FBS give a bonus?
  • Yes, it has up to $140 as a welcome bonus.
  1. Does FBS allow scalping?
  • Yes, FBS does allow trade with scalping.
  1. Can I open more than one trading account?
  • Yes, you can open up to 10 accounts of each type within one Personal area if 2 conditions are accomplished:
  1. Your Personal Area is verified
  2. The total deposit to all your accounts is $100 or more.


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