Fbs withdrawal methods

Be aware that the minimum withdrawal amount for bank wire is $50. For all the other payment systems, it is $1.

Free forex bonuses

Deposit and withdrawal, fbs withdrawal methods.

Trade 100 bonus is a great way to start your trading career. You cannot withdraw the bonus itself, but you can withdraw profit gained on trading with it if you fulfill the conditions required:

Deposit and withdrawal

Choose the most comfortable payment method!

Frequently asked questions

How can I withdraw money from my account?

Open the withdrawal within the finances section in your personal area .

Select the preferred payment method and click the withdraw button.

Select the FBS account you wish to withdraw funds from and fill in all the necessary fields.

Type the amount of money you want to withdraw.

Click on the confirm withdrawal button.

Please note that you must verify your account to request a withdrawal.

How long does it take to process my withdrawal?

FBS financial department processes all withdrawal requests on a first-come, first-served basis. As soon as it approves your withdrawal request, we send you the funds. However, the final time required to transfer funds to your account will depend on the payment method used:

Bank wire: 7-10 business days

Credit or debit cards: 3-4 business days

E-payments: up to 30 minutes

Be aware that the minimum withdrawal amount for bank wire is $50. For all the other payment systems, it is $1.

Can I withdraw trade 100 bonus?

Trade 100 bonus is a great way to start your trading career. You cannot withdraw the bonus itself, but you can withdraw profit gained on trading with it if you fulfill the conditions required:

Trade at least 30 days.

Have more pips from profitable than losing orders.

Have at least 5 lots traded during 30 active trading days.

Fulfill the above conditions within 50 days from the moment of getting the bonus.

Is FBS a legit broker?

FBS is a legitimate forex broker regulated by the international financial services commission, license IFSC/000102/124, which makes it a trustworthy and reliable broker. FBS offers its services for more than 11 years already and has over 16 million active traders.

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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.

FBS broker withdrawal tutorial

FBS withdrawal is the process you go through when you want to take out your profits from the online broker. The withdrawal process is quite as important as the deposit process. That is because the essence of trading in the first place was to trade and make money off trading. Thus, traders should be properly educated as to the way of getting their profits from their trading accounts. In this article, we want to show you how to withdraw your money with FBS and which methods are available.

FBS broker withdrawal methods

Facts about the FBS withdrawal:

Available methods are credit cards, neteller, sticpay, skrill, perfectmoney, and bank transfer

There is a commission charge depending on the payment method

Withdrawals are done in a maximum of 48 hours

(risk warning: your capital can be at risk)

How to withdraw your funds from FBS

“how can I withdraw my funds from my trading account?” seems to be the question coming from many traders, especially the newbies. When it comes to withdrawing your funds from your FBS account, the process is not so complicated. However, there are some steps to take and some instructions to adhere to before you can get that done.

Below, we outline the steps that you have to take, and then some of those instructions:

You can withdraw money from your account in your personal area. All you need to do is log into your trading account and go to the dashboard. Go to “personal area,” the section that concerns all profile issues. Click on “finances” in the menu on top of the page. Choose “withdrawal.”

Choose a suitable payment system and click on it. Specify the trading account you want to withdraw from. Specify information about your e-wallet or payment system account. If the withdrawal is via card, click on the “+” sign to upload the back and front sides of your card. You then type in the amount of money you want to withdraw. Please, ensure to click on the “confirm withdrawal” button.

One good thing about FBS is that you need to have the ability to monitor the status of your financial requests in the transaction history. So, you know the stage where the withdrawal request is at a particular moment.

Commission and fees for withdrawals

It is important to note that withdrawal commission depends on the payment system you choose. Some systems require commissions while some others don’t. We will go into detail when we speak about the payment methods.

Withdrawal process time also depends on the payment system, as we will explain further below.

How long does it take to process my withdrawal?

FBS processes all withdrawal requests on a first-come, first-served basis. As soon as the broker approves your withdrawal request, they send you the funds. However, the final time required to transfer funds to your account will depend on the payment method used:

Electronic payment systems withdrawals (such as skrill, neteller, etc.) should be credited immediately, but sometimes may take up to 30 minutes. However, the problem is that they may take longer some times.

In case you withdraw to your card, please, be reminded that, on average, it takes 3-4 business days for the funds to be credited. Withdrawals done via bank transfers or wire transfers are the longest. They are usually processed within 7-10 business days, and sometimes even longer.

FBS broker withdrawal methods:

FBS provides traders with a variety of methods through which they can process their withdrawals from their trading accounts. The broker allows traders to use any card processors, electronic wallets, and even bank transfers. Those are some of the most diverse payment systems you will ever find from a forex broker. We outline each of them and their features below:

Card processors

FBS allows you to make withdrawals through card payment processors – either debit or credit cards. They make use of the most popular card processors – mastercard and visa. However, these are not the only options available. There are also very popular providers such as union pay and maestro. Nevertheless, we will quickly review how each of the card providers works with FBS.

FBS withdrawal with VISA

The visa payment system of FBS is facilitated by cardpay, an electronic money institution regulated by the central bank of cyprus that focuses on online payment processing. Another firm that helps FBS process its visa payments is ecommpay. With headquarters in london, UK, ecommpay is a payment service provider and direct card acquirer, providing institutions with apis to facilitate payments. It is regulated by the financial conduct authority (FCA) of the united kingdom.

The visa payments of FBS are available in EUR and USD. FBS charges $ 1 commissions for facilitating payments via visa, and the payments are usually processed within a maximum of 2 days. However, it may take between a day and 7 days on the part of your bank for your money to get to you.

Mastercard

Cardpay and ecommpay are also the ones that facilitate FBS payment via mastercard. Just as with visa, the currency option available for mastercard is the EUR. This is not the best you can get, though, as there are many brokers that give you access to other global currencies – most especially the USD.

It takes FBS between 15 and 20 minutes to complete and process your payments made via mastercard. At times, however, it might take up to 2 days. But that is the maximum. It may take your bank up to 5 to 7 days to, however, finally process the payment. FBS does not charge any commissions for withdrawals.

Wire transfer

FBS withdrawal wire transfer

The wire transfer is made directly to a trader’s bank account. This option is available to traders who don’t have access to either the bank cards or the E-wallet options. Hence, the only thing they have left is to get the money withdrawn to their actual bank account. It is worth noting that FBS is one of the few forex brokers that go all out to ensure that they give this option to their traders as most brokers don’t offer it.

This is because the option of the bank or wire transfer is quite stressful and very slow. Even though FBS processes your wire transfer withdrawals in 48 hours, it takes at least 7 days or even more to get to you. The reason for that is the scattered and non-uniform banking system all over the world. Nevertheless, we have to admit that this is still the most secure payment method available.

E-wallets

Due to the lack of uniformity in the global banking system, electronic wallets have become quite popular in making international payments quite easier than was the case. We have to note that every serious forex broker must provide their traders with the option of an electronic wallet as it has become the most used option.

FBS allows only two (2) E-wallets on its platform, namely skrill and neteller. However, this is not the best. Many other brokers provide their traders with far more options as far as E-wallets are concerned. There are more E-wallet providers that facilitate payments all over the world. Other popular names include perfect money, webmoney, globepay, fasapay, and many others. Nevertheless, we will outline both providers that are available:

Skrill

Skrill is a digital wallet provider enabling a range of online payment and money transfer services globally. It is registered under the company, skrill limited, a UK-based firm that is licensed as a money service business and regulated by the financial conduct authority (FCA). Skrill limited is a subsidiary of the paysafe group.

Founded as far back as 2001 with headquarters in london, it today boasts of over 20 million customers. Skrill is one of the two E-wallets that process payments for FBS. FBS charges 1% +$ 0.32 commissions for payments made via skrill and the time-period for payments is between 15 minutes and 48 hours.

Neteller

Neteller is an e-money transfer service used to transfer money to and from merchants, such as forex trading firms, social networks firms. It can withdraw funds directly using the net+ card or transfer the balance to their own bank accounts. Interestingly, it is also a member of the paysafe group just like skrill.

Neteller also boasts of millions of customers who are spread across over 150 countries. Neteller is available via a web platform as well as a mobile application which you can download on both the google play store and the apple app store. Its payment time is also the same as for skrill.

There is also the service, rapidtransfer, a special program introduced by skrill. Traders can use this if they desire very fast withdrawals, although they must be ready to pay the additional costs. The commissions are 1% + $ 0.3.

Important note

It is very important you note that you can withdraw funds from your account only via the payment system that you used for the deposit. This is already included in the customer agreement which the trader agreed to from the beginning of opening the account. While this arrangement might not always be convenient for the trader, it is aimed to benefit the trader as FBS wants to prevent fraud.

In some countries there are additional payment methods like the following:

Sticpay

Perfectmoney

Conclusion on the FBS broker withdrawal

One of the hallmarks of a good broker is simplicity. The simplicity should apply to every aspect of its services, including such things as deposit and withdrawal. FBS is one such broker. Above, we outlined the simple FBS withdrawal system. Overall, FBS is a trusted broker that guarantees to pay out the profits very fast.

(risk warning: your capital can be at risk)

Deposit and withdrawal

Choose the most comfortable payment method!

Frequently asked questions

Can I make a deposit in my national currency?

Yes, you can. In this case, the deposit amount will be converted into USD/EUR according to the current official exchange rate on the day of the deposit execution.

How can I deposit funds into my account?

Open the deposit within the finances section in your personal area .

Choose the preferred deposit method, select offline or online payment, and click the deposit button.

Select the account you wish to deposit funds into and enter the deposit amount.

Confirm your deposit details on the next page.

The FBS payment method is quick and simple. However, note that your payment provider may ask you for some additional steps.

What payment methods can I use to add funds to my account?

FBS offers different funding methods, including numerous electronic payment systems, credit and debit cards, bank wire transfers, and exchangers. There are no deposit fees or commissions charged by FBS for any deposits into the trading accounts.

What is the minimum deposit amount?

FBS minimum deposit varies depending on the trading account you choose. Cent account has the smallest initial deposit from $1, while the minimum deposit required to open the ECN account is $1000.

How do I deposit funds into my metatrader account?

Metatrader and FBS accounts synchronize, so you do not need any additional steps to transfer funds from FBS directly to metatrader. Just log into metatrader, following the next steps:

Download metatrader 4 or metatrader 5.

Enter your metatrader login and password that you have received during the registration at FBS. If you didn't save your data, get new login and password in your personal area .

Install and open metatrader and fill in the pop-up window with login details.

Done! You are logged into metatrader with your FBS account, and you can start trading using the funds you have deposited.

How long does it take to process a deposit/withdrawal request?

Deposits via electronic payment systems are processed instantly. Deposit requests via other payment systems are processed within 1-2 hours during FBS financial dept.

Business hours: from monday to friday. The maximum time of processing a deposit/withdrawal request via an electronic payment system is 48 hours since the moment of its creation. Bank wire transfers take up to 5-7 bank business days to process.

How can I make a deposit and withdraw funds?

You can fund your account in your personal area, via “financial operations” section, choosing any of the available payment systems. Withdrawal from a trading account can be executed in your personal area via the same payment system that was used for depositing. In case the account was funded via various methods, withdrawal is executed via the same methods in the ratio according to the deposited sums.

Contact us

Zopim

Wechat

Fb-msg

Viber

Line

The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.

RECOMMENDED FOREX BROKERS

FBS’s responsive and reliable website will surely lure you in as it offers quick and easy links to its informative sub sections. But relying on aesthetics and accessibility alone is not enough to survive in the world of forex. Does FBS have what it takes?

Two companies are operating under the FBS brand name.

The FBS.Eu, or tradestone limited is regulated by cyprus securities and exchange commission (cysec) and is authorized to provide online trading services in all EU countries. As one of the world’s top regulatory bodies, cysec has made a name of itself as a reliable protector of trader’s rights, as well as insuring brokers are operating within the laws that govern their operations. FBS is also a member of the investors compensation fund allowing for client compensations of up to €20 000 if the broker cannot meet its obligations to the trader. This broker is limited to a maximum leverage of up to 1:30, as sanctioned by ESMA.

The FBS.Com or FBS markets inc. Is regulated by the international financial services commission (IFCS) based in belize. The IFSC strives to promote belize as a safe heaven for international brokers, because it offers tight control over investment firms and protects the interest of traders. However, offshore regulatory bodies, like the IFCS, are not bound by the rules and governance of more renowned european institutes such as the FCA, cysec or ESMA. That’s why the maximum leverage available to FBS.Com clients is 1:3000.

FSB.Com allows for the trade of forex pairs, metals, stock cfds, and some crypto currencies, while FBS.Eu comes equipped with a very limited choice of trading assets: forex and metals.

FSB proves its stature as a global broker by giving us a galore of supported languages: german, english, french, italian, spanish, portuguese, arabic, indonesian, malaysian, bengali, chinese, japanese, korean, lao, thai, turkish, urdu and vietnamese.

FBS.Com offers 3 platforms in total. It’s unsurprising that MT4 and MT5 are here, but the brokers very own mobile-only FBS trader is a welcome addition.
FBS.Eu clients have access only to MT4.

METATRADER 4

МТ4 is a must. Traders cannot ever go wrong with this platform, as 80% of the entire online trade market revolves around it. And for many reasons. Its expert advisors will allow for automatic trading, leaving you free to do as you please while your account is being traded with. Expect features that will grant you better access and more freedom: real-time charts, advanced charting tools, over 50 customizable trading indicators and much more. VPS is also available.

The spreads begin from 0.0 pips to 3 pips; all depend on the account type the client picks. For the standard account the spread starts from 0.5 pips with no commission whatsoever. The EU and UK are under ESMA directive, and are limited to a leverage of no more than 1:30. Outside this jurisdiction the leverage can reach a staggering 1:3000.

The platform can be accessed on windows, android and apple devices, including mobile and tablet. An MT4 browser version is also accessible (no eas).

METATRADER 5

MT5 strives to replace MT4 but fails to do so, not because it’s inferior but because most brokers nowadays use MT4 as the default terminal. Nevertheless, MT5 comes with new and handy features that traders will surely find useful. There are auto trading bots, plus VPS.

The spreads begin from 0.0 pips to 3 pips; all depend on the account type the client picks. For the standard account the spread starts from 0.5 pips with no commission what so ever. As decreed by ESMA the UK and EU leverage cannot surpass 1:30. Outside these zones it can reach 1:3000.

MT5 is available on all desktop, mobile and tablet devices that support the common operating systems- windows, ios and android. A browser version is also there, in addition to the desktop one.

FBS TRADER

Note that FBS trader is currently available solely to fbs.Com clients.

This mobile-exclusive metatrader substitute is much easier to use, and features all the necessary tools for competent trading. However, as easy as it is, MT4 still offers much more.

Spreads and leverages don’t vary from the ones on MT4/5. Your choice of account has a direct impact on them. This goes for the commission as well.

The expected spread lingers on 1.1 pips, while the leverage can reach 1:3000.

Traders can get access to it on any ios device, with the android version, as of writing this review, is still in development.

FBS MINIMUM DEPOSIT

The minimum deposit for a cent account with FBS.Com is just $1.

The minimum deposit for a trading account with FBS.Eu is $100.

Fund your account using with FBS.Com with one of the following funding methods: bank transfer, VISA, mastercard, neteller, sticpay, skrill, perfect money or bitwallet.

FBS.Eu accepts deposits with VISA, mastercard, wire transfer, skrill and neteller.

Only wire transfer can take up to 4 days to process, while all other methods are instant.

Sticpay method user will be commissioned a 2.5% fee on each deposit, while perfect money may be taxed from the payment system itself. The rest are toll-free.

FBS.Com supports trading accounts in EUR, USD, JPY. Clients of FBS.Eu are limited to EUR and USD accounts.

FSB WITHDRAWAL TIME AND FEES

Those trading under FBS.Eu, as licensed by cysec, are assured that their withdrawals will be as safe and secure as possible.

FBS.Com clients can cash out using VISA, mastercard, neteller, sticpay, skrill, perfect money or bitwallet. FBS.Eu cash out options are limited to VISA, mastercard, wire transfer, skrill and neteller

Bitwallet processes are instant, while all other methods are processed between 1-2 days. Once the money is processed by the broker, it may take some time before it reaches your personal account. Wire transfer time is between 3-7 working days and there may be fees depending on the client’s bank.

No method is spared by fees. With VISA it’s $1, neteller gets 2%, sticpay is 2.5%, skrill charges 1%, perfect money obtains 0.5%. Bitwallet users may also get charged but it is not specified by how much.

FBS BONUSES

FBS.Eu just like all other forex brokers based in EU doesn’t offer any bonuses because of ESMA regulations.

FBS.Com however offers a number of bonuses to its potential clients:

– once in a while users are picked at random for a brand new luxury car.
– you can get $100 as bonus to start trading with your account of choice (demo excluded).
– clients can double their initial deposits by activating the 100% deposit bonus.
– cashback offers you $15 per traded standard lot.
– increase your intake by up to $3000 each month by activating the partner account.
– earn loyalty points by trading, and exchange them for prizes and more.

FBS broker withdrawal tutorial

FBS broker withdrawal methods

Facts about the FBS withdrawal:

Available methods are credit cards, neteller, sticpay, skrill, perfectmoney, and bank transfer

There is a commission charge depending on the payment method

Withdrawals are done in a maximum of 48 hours

(risk warning: your capital can be at risk)

How to withdraw your funds from FBS

Below, we outline the steps that you have to take, and then some of those instructions:

You can withdraw money from your account in your personal area. All you need to do is log into your trading account and go to the dashboard. Go to “personal area,” the section that concerns all profile issues. Click on “finances” in the menu on top of the page. Choose “withdrawal.”

Choose a suitable payment system and click on it. Specify the trading account you want to withdraw from. Specify information about your e-wallet or payment system account. If the withdrawal is via card, click on the “+” sign to upload the back and front sides of your card. You then type in the amount of money you want to withdraw. Please, ensure to click on the “confirm withdrawal” button.

Commission and fees for withdrawals

Withdrawal process time also depends on the payment system, as we will explain further below.

How long does it take to process my withdrawal?

FBS broker withdrawal methods:

Card processors

FBS withdrawal with VISA

Mastercard

Wire transfer

FBS withdrawal wire transfer

E-wallets

Skrill

Neteller

Important note

In some countries there are additional payment methods like the following:

Sticpay

Perfectmoney

Conclusion on the FBS broker withdrawal

(risk warning: your capital can be at risk)

RECOMMENDED FOREX BROKERS

Two companies are operating under the FBS brand name.

FSB.Com allows for the trade of forex pairs, metals, stock cfds, and some crypto currencies, while FBS.Eu comes equipped with a very limited choice of trading assets: forex and metals.

FBS.Com offers 3 platforms in total. It’s unsurprising that MT4 and MT5 are here, but the brokers very own mobile-only FBS trader is a welcome addition.
FBS.Eu clients have access only to MT4.

METATRADER 4

The platform can be accessed on windows, android and apple devices, including mobile and tablet. An MT4 browser version is also accessible (no eas).

METATRADER 5

MT5 is available on all desktop, mobile and tablet devices that support the common operating systems- windows, ios and android. A browser version is also there, in addition to the desktop one.

FBS TRADER

Note that FBS trader is currently available solely to fbs.Com clients.

This mobile-exclusive metatrader substitute is much easier to use, and features all the necessary tools for competent trading. However, as easy as it is, MT4 still offers much more.

Spreads and leverages don’t vary from the ones on MT4/5. Your choice of account has a direct impact on them. This goes for the commission as well.

The expected spread lingers on 1.1 pips, while the leverage can reach 1:3000.

Traders can get access to it on any ios device, with the android version, as of writing this review, is still in development.

FBS MINIMUM DEPOSIT

The minimum deposit for a cent account with FBS.Com is just $1.

The minimum deposit for a trading account with FBS.Eu is $100.

Fund your account using with FBS.Com with one of the following funding methods: bank transfer, VISA, mastercard, neteller, sticpay, skrill, perfect money or bitwallet.

FBS.Eu accepts deposits with VISA, mastercard, wire transfer, skrill and neteller.

Only wire transfer can take up to 4 days to process, while all other methods are instant.

Sticpay method user will be commissioned a 2.5% fee on each deposit, while perfect money may be taxed from the payment system itself. The rest are toll-free.

FBS.Com supports trading accounts in EUR, USD, JPY. Clients of FBS.Eu are limited to EUR and USD accounts.

FSB WITHDRAWAL TIME AND FEES

Those trading under FBS.Eu, as licensed by cysec, are assured that their withdrawals will be as safe and secure as possible.

FBS.Com clients can cash out using VISA, mastercard, neteller, sticpay, skrill, perfect money or bitwallet. FBS.Eu cash out options are limited to VISA, mastercard, wire transfer, skrill and neteller

FBS BONUSES

FBS.Eu just like all other forex brokers based in EU doesn’t offer any bonuses because of ESMA regulations.

FBS.Com however offers a number of bonuses to its potential clients:

FBS review

Overview

The company FBS was founded in 2009 and today it’s among the most popular brokers of the world. The company has managed to become the favorite currency trading solution for many traders around the globe.

Details

broker	FBS
website URL	www.Fbs.Com
founded	2009
headquarters	russia, st. Petersburg, ul. Professor popov, 37
support number	8-800-555-444-2
support types	chat, phone, call back, email
languages	english, japanese, turkish, portuguese, korean, german, etc.
Trading platform	metatrader 4, metatrader 5, webtrader
minimum 1st deposit	$1
bonus	bonus for the first deposit 100%
leverage	1:3000
spread	from 0 points
free demo account	open demo
regulated
regulation	IFSC (№/60/230/TS/17), cysec (№331/17)
account types	standard, cents, micro, unlimited, zero spread, ECN
deposit methods	credit/debit cards, bank transfer, skrill, cashu, OKPAY, RBK money, QIWI, FBS master card, neteller, yandex.Money, ru, webmoney, etc.
Withdrawal methods	credit/debit cards, bank transfer, RBK money, QIWI, FBS master card, neteller, yandex.Money, webmoney, etc.
Number of assets	40+
types of assets	currency, metals, CFD, crypto-currency (bitcoin, ethereum, litecoin, dash)
account currency	USD, EUR
US traders allowed
mobile trading
overall score	9.0/10

Full review

Certainly, as their potential customer, you’d like to learn whether this company’s another fraudster or a serious company, full of impressive features, and which provides a functional trading platform and ensures fast withdrawal of earnings. Your curiosity will be satisfied below.

The FBS brand, which is well-known all over the world today, actually belongs to the organization FBS markets inc., founded in 2009 by combining several successful dealing centers. The broker’s mission can be defined as follows: the creation and implementation of high-quality services in order to maximize the needs of investors. In 2016, more than 2 million traders joined the company. Since that time the number of clients on the platform has drastically grown and the company is still booming. Undoubtedly, in many respects, this speaks to people’s trust in the organization. Today FBS is represented in more than 190 countries around the world. It successfully cooperates with a wide network of partners (approximately 300,000 companies). Up to 7,000,000 traders make use of this platform on a regular basis. The broker works transparently and honestly, and it pays much attention to the professionalism of its employees. One of its indisputable advantages is constant improvement of the services provided. Moreover, the list of available options for trading is lengthened on a regular basis. On FBS’s official website, the broker rightly notes that its platform ensures convenient and easy trading in the foreign exchange market (here you can learn the whole truth about forex).

The company offers a variety of high-quality investment and financial services in europe, asia and the CIS. It has offices in egypt, indonesia, china, malaysia, thailand, etc. The prestigious awards the company has won comments on the internet, including the recommendations of the platform by the clients, testifies to the company’s seriousness liquidity providers as well as custodians of clients’ funds are represented by such serious financial organizations as bank of america, citibank, jpmorgan, goldman sachs, etc. Trading takes place with the help of such reliable and sophisticated software solutions as metatrader 4 and metatrader 5. These platforms have been recognized by traders around the world as the best and most functional because of their excellent functionality. The terminals support the installation of new indicators and advanced trading systems for deep market analysis. They allow the use of pending orders, automatic trading advisers, hedging, scalping, and mobile trading, not to mention the display of the most actual market news. By the way, a convenient trading terminal, webtrader, can be launched in your browser.

Among the advantages of this forex and CFD broker, we note the high speed of execution of orders, the absence of slippage, low spreads and the minimum threshold for entering the market ($1). Additionally, it offers free account insurance. Its clients can receive a plastic card to conduct purchases throughout the world. Different assets (metals, cfds, most popular cryptocurrencies, etc.) are available to the company’s clients. To ensure that trading is a simple and understandable process for users, FBS organizes free seminars for both newcomers and experienced traders, provides high quality materials, profitable forex strategies (learn here how to choose a forex broker), and market analytics. The company has a convenient website, full of useful information. It’s translated into many languages, which makes it more comfortable to work with.

Replenishment and withdrawal of funds

The CFD and forex broker FBS has gained wide popularity in many areas due to a careful and substantial approach to its services. The company has done a lot to make interaction with the site comfortable and profitable. Different payment systems can be used for transactions in the system.

Methods of replenishment /withdrawal of funds include:

Bank transfers (visa/mastercard),

Electronic payment systems (NETELLER, skrill, perfectmoney, OKPAY, astropay, etc.),

Crypto assets (bitcoin, mybitwallet).

The terms of transaction range from 15 minutes to 5 working days, depending on the service that the trader uses.

Complaints about FBS

FBS is a popular broker. It’s actively used by a large number of traders, so you can find a lot of reviews about it on the internet. As for the most positive comments, the clients of the platform note the excellent reputation of the broker, favorable conditions, rapid execution of transactions, the availability of insurance, demo trading, interesting bonuses and contests, as well as adequate spreads, fast and simple withdrawal of earnings without delay (including cryptocurrencies), and qualitative analytical materials.

Some traders recommend the company as one of the best on the market for reliable and stable cooperation with a possibility to earn a decent income. Also, a manager works online on behalf of the organization. He studies the comments of traders and answers their questions, which proves how crucial it is for the broker to be in touch with its clients.

Among the negative aspects, traders point to feedback issues (long wait time for answers from the support service), delays in withdrawal of funds, trade in scalping (slow execution of orders), unprofessional managers and long verification.

If we find complaints about FBS, we will post it on social media. Follow us to be well informed:

Is FBS a scam?

FBS is an impressive international organization with extensive experience. Today it can be rightly called a leading forex/CFD broker. Representation in more than 190 countries of the world, cooperation with more than 7,000,000 traders in asia, europe, russia, etc. – all of this clearly speaks about the fact that investors trust their money to this market leader. The brand has an active position and many prestigious awards. Offering a variety of unique opportunities and favorable conditions to its clients, the organization doesn’t grow stagnant. It proceeds with its mission: to satisfy the needs of investors, constantly develop, improve services and ensure stable and comfortable trading.

Favorable working conditions are the first thing that traders from all over the world notice on this site. Traders enjoy low spreads from 0.2 points, comfortable leverage up to 1: 1000, fast execution of orders, no slippage and a low entry threshold (from $1). For trading, only up-to-date financial instruments are available: forex, CFD and digital coins (learn here how to quickly earn on crypto assets). A well-built service is the next advantage of the company. Traders appreciate the company’s informative website, a large choice of transaction options, professionalism of the support service, materials provided, and relevant market analysis. The training process is also well organized here: the site materials are constantly updated and free seminars are held, which would be useful to any trader regardless of his or her trading experience.

It’s crucial for a leading broker to offer its clients such attractive options as automatic trading, scalping and hedging. For its users the company has come up with the best solutions: the trading process takes place in the time-tested terminals, highly praised by traders around the world (metatrader 4 and metatrader 5). Of course, the FBS broker needs to do everything to ensure that its clients feel secure while working in the market, so the issue of regulation of the organization is of supreme importance. Today the company has been licensed by serious financial bodies (IFSC, cysec), which increases its credibility in the eyes of users and proves that it’s not a fraudster but rather a reliable and trustworthy trading platform.

The company is quite popular with traders. There are a lot of reviews about it on the internet, and most of them are positive (as a rule, traders praise the company’s high reputation and its extensive experience, favorable conditions, high quality services and many useful options). Of course, there are also negative aspects of the platform, which mainly relate to problems with the withdrawal of capital, unprofessional managers, long verification, etc. Do note that a representative of the organization works online, analyzing the comments of the clients. This proves that it’s important for the company to see the real problems that users of the service face. Of course, you’d like to know whether we should regard FBS as another scam or not. Well, having thoroughly studied the capabilities of the platform, today we can confidently say – no! This decision was influenced by the impressive experience of the company, the constantly growing number of customers, a lot of useful options, the presence of regulation, and highly responsive support managers.

Regulation of FBS

The broker belongs to FBS markets inc. (registration number: 119717). It’s important for the company to provide its users with a reliable working platform, so the issue of regulation is taken very seriously. Today FBS has the licenses of the following financial bodies: IFSC (no./60/230/TS/17), cysec (no. 331/17).

Conclusion

Today the forex/CFD broker FBS is the undisputed leader in the market. It’s a trustworthy international organization with a wide range of work experience, many prestigious awards, and an impressive number of clients all over the world. The constantly growing popularity of the broker can be explained by its thoughtful and high-quality service, the provision of really profitable terms of trade, a rich choice of assets, unique options, and its adherence to regulation. Undoubtedly, all of this attracts new customers to the platform.

On the platform traders can work with the most popular financial instruments – crypto assets (here you can read the whole truth about digital coins), forex, CFD – so a decent income is guaranteed. For high-quality work, traders can use the company’s highly informative website, where they can find analytics as well as training materials. Right now we won’t label FBS as a scam, but we’re waiting for feedback from traders about the platform. This feedback might warn investors aboutt various issues, which might show up on the platform in the future and also impact the company’s rating on our web portal.

FBS review and tutorial 2021

FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.

Trade on nearly 50 leveraged forex pairs.

FBS is an online broker that offers financial market trading in forex and cfds. Our review in 2021 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading.

History & headlines

FBS is a global broker founded in 2009. In the EU, FBS is operated by tradestone ltd and regulated by the cyprus securities and exchange commission (cysec). The global branch is run by FBS markets inc and regulated by the international financial services commission of belize (IFSC).

FBS has a head office location in cyprus and claims to have over 15 million active traders across more than 190 countries, from malaysia and indonesia to south africa, pakistan and the EU.

Trading platforms

FBS uses a non-dealing desk (NDD) system with STP for rapid order execution. After registration and login clients have a choice of two platforms to access the markets.

Metatrader 4

MT4 is a market-leading platform that FBS clients can download for PC. The trading platform includes a range of features:

One-click execution and copy-trading

Expert advisors (EA) service and apis

Wide range of technical indicators and charting tools

Support for clients using a virtual private server (VPS)

FBS metatrader 4

The global branch of FBS also offers MT4 multiterminal, which allows clients to operate multiple accounts simultaneously.

Metatrader 5

This broker recently added MT5 integration to its portfolio. This platform is a recent update to MT4 with greater versatility that offers the following:

Hedging & netting

Market depth view

More technical indicators

More order types and timeframes

FBS metatrader 5

MT4 and MT5 are also both available without a download via any browser through the webtrader solution. This service works across all operating systems and has all the features of the original software.

Markets

Clients can access a wide range of assets for trading:

Forex – 28 standard pairs plus 16 exotics

Metals – four precious metals

Energies – WTI and brent crude oil

Stocks (global only) – 40 company shares

Indices – four indices including the NASDAQ

Unfortunately trading on the FTSE100 is not offered and neither is cryptocurrencies, such as bitcoin.

Trading fees

Spreads offered by FBS vary by account type and region. For EURUSD, the global firm offers a spread of 3.0 pips on its micro account, 1.1 on its standard and cent accounts and zero pip spreads on its zero and ECN accounts. In the EU the same spread is 0.7 pips with both the standard and cent accounts. Our review was pleased to see competitive spreads with the zero and ECN accounts.

The global branch charges a fixed rate commission of $20 per lot on the zero spread account and $6 on the ECN account. It also charges $3 for stock trades and $25 for CFD trading.

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.

FBS leverage

The maximum leverage available depends on account type and branch. In the EU the broker provides leverage up to 1:30 on standard and cent account types. Globally it offers up to 1:1000 on the cent account, 1:500 on the ECN account, and 1:3000 on other account types.

FBS has a margin call of 40% and lower, whereafter it is entitled to close a client’s position.

Mobile apps

FBS trader app

The owner and CEO have ensured that FBS trader is a free and fully-featured trading app. It can be downloaded to android (APK) devices from google play. Outside the EU it’s also available on ios. The broker’s downloadable app offers forex and top instruments for trading, alongside real-time stats and easy management.

FBS mobile app

MT4 & MT5 apps

Both metatrader platforms are also available as mobile apps from the app store and google play. The apps have the main features of the native platforms including technical analysis with the convenience of one-click trading on-the-go.

FBS metatrader mobile trading

Payments

The minimum deposit at the online forex broker is different for each account type and trading region. The EU firm requires an initial deposit of €10 on the cent account and €100 on the standard. The global branch offers minimum deposits of $1, $5, $100, $500, and $1000 for the cent, micro, standard, zero spread, and ECN accounts respectively. Our review was pleased to see the low minimum deposit offering.

Several deposit and withdrawal methods are available including wire transfer (EU only), visa, and electronic payment systems, such as skrill and neteller. Deposits are instant for all methods bar wire transfer and withdrawals take up to 48 hours. Commission fees apply to withdrawals at the global FBS firm and identifying documents may be requested.

Demo account review

FBS offers demo versions of the cent and standard accounts in the EU. MT4 and MT5 integration are available and a range of instruments are offered to practice trading with zero deposit requirement. Once comfortable with the broker’s services, you can then sign up for a live account.

Trading bonuses

FBS has a wide selection of promotions and bonuses advertised on its global website. For example, the broker offers a trade $100 bonus with no deposit necessary. The broker credits clients with $100 and if the client has 30 active trading days with 5 lots traded, the bonus can be withdrawn. FBS also offers a 100% deposit bonus, which doubles the deposit available for trading, and many contests.

Licensing

FBS is a legitimate broker with regulations from respected authorities. The company that owns the EU branch of FBS is regulated by the cyprus securities and exchange commission (cysec). The global branch is regulated by the international financial services commission of belize (IFSC).

In the EU, the broker also offers negative balance protection to retail clients. Overall, we’re happy FBS is not a scam.

Note, traders from the USA cannot register for an account, though clients from most other countries are accepted, including canada, india and nigeria.

Additional features

The FBS website has an analysis section with resources including forex-related news, market updates, and a forex TV feature that displays informational videos, weekly insights, and trading plans. This broker also provides an economic calendar and forex calculators alongside extensive educational materials such as live webinars and tutorials.

FBS economic calendar

Copy trading

The copytrade solution from FBS lets beginners replicate the success of top traders with secure, flexible trading tools. Clients can use the user-friendly mobile app to compare traders, allocate funds and create a unique trading portfolio.

Trading accounts

New clients have the option of several live account types. In the EU, the broker offers the standard and cent accounts. The global branch additionally offers the micro, zero spread, and ECN account. Order volumes are the same across account types. The ECN account has no trading limits and market execution is by ECN, unlike the other accounts which use STP. In general, the more you can deposit the higher the account tier and the more competitive the trading requirements.

When opening an account, you’ll need to submit documents to verify your name, address and the country you’re registering from.

Pros and cons

Benefits

Advantages of trading with FBS include:

MT4 and MT5 integration

Ultra-low minimum deposits

Competitive zero-pip spreads

Range of promotions & deposit bonuses

Drawbacks

Bad areas flagged in our review include:

Fewer account and trading options in the EU

Commissions payable on many trade types at the global firm

Trading hours

The FBS broker website is available at all times. Opening hours for each asset depends on the market and timezone, but forex runs 24 hours a day on weekdays. The broker also provides a virtual private server (VPS) service, which allows the client to keep their trading platform on a virtual machine 24/7.

Customer support

Customer support is available in english, spanish, portuguese, french, german and italian:

Email – info@fbs.Eu

Live chat – logo in bottom right

Contact number – +357 25313540

Address – vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus

Global

Contact options including live chat, callback, and whatsapp are available on the global website.

Trader safety

FBS ensure client personal information and privacy is safeguarded. Transactional information is also protected using transport layer security (TLS). The metatrader platforms also offer dual-factor authentication at the login stage for added security.

FBS verdict

FBS is an international forex broker that offers low minimum deposits and a variety of trading accounts with MT4 and MT5 integration, alongside the FBS trader app. Spreads are competitive, and both novice and advanced traders will feel at home with this broker.

Accepted countries

FBS accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use FBS from united states, japan, canada, myanmar, brazil, israel, iran.

Where is FBS regulated?

This broker is regulated in the EU by the cyprus securities and exchange commission (cysec) and elsewhere by the international financial services commission of belize (IFSC).

Is FBS a good broker?

FBS is a legitimate broker and not a scam. It is licensed by respected financial authorities and has positive online reviews.

Does FBS offer any bonuses?

The global branch of FBS offers 100% deposit bonuses and promotions where no deposit is required. This broker also offers trader contests and a VPS service.

What is the minimum deposit at FBS?

Clients can open an account with $1 at the global branch and $10 in the EU. The greater the initial deposit, the tighter the spreads and more advanced the trading tools.

What platforms does FBS offer?

FBS has both MT4 and MT5 platforms, which are available on any browser and as mobile apps. This broker also offers FBS trader, an in-house mobile application.

Does the FBS broker have trading on nas100?

Yes, clients can trade on the NASDAQ and three other major indices, including the S&P 500, dax30, and dow jones.

XM vs FBS 2021

Overview

FBS was founded in 2009 and since then has become one of the leading belize based brokers with more than 190 countries of presence, 16 000 000 traders, and 410 000 partners. XM was founded in 2009 as a cyprus-based forex and CFD broker, and it is regulated by cysec, and the british financial conduct authority (FCA). This broker was formerly known as XE markets and had several thousand traders around the world. The range of products offered by these forex brokers varies, and you’ll need to know more before choosing a broker that provides a wider range of tradable offerings, including currency pairs, indexes, commodities, shares, and cryptocurrencies, among others. Our comparative review of XM and FBS will help you choose the forex broker best suited to you.

XM

Features

XM group was established in 2009. With a presence in 195 countries, XM group is one of the most popular online brokers registered by trading point holdings ltd.

XM is a broker based in cyprus and provides excellent services for trading foreign exchange. It offers a wide choice of instruments, which include cfds on commodities, indices, currency trading, energies, precious metals, and stocks on metatrader 4 and metatrader 5. 99.35% of XM’s trades are executed within one second. It also provides attractive bonuses and promotions for its traders.

XM is regulated by the cyprus securities and exchange commission (cysec). XM global limited was founded in 2017, and it is regulated by the international financial service commission (IFSC).

XM is an award-winning broker backed by excellent research. It provides educational tools for all types of traders, starting from beginner, advanced, and intermediate users who have different expertise in trading, and it offers features that are up to date. XM publishes research, market overview, XM TV, trade ideas, technical summaries, and forecasts on its website for traders.

At XM, all clients receive the same quality services, the same execution, and the same level of support regardless of net capital worth, account type, or size of the investment. All our

This broker provides over 1000 instruments that cover forex, indices, commodities, stocks, energies, 55+ currency pairs, and precious metals. XM offers trading platforms that are globally recognized, like metatrader 4 and metatrader 5 for mac, PC, ios, web, and android systems.

XM offers dow jones (US30) as cash and futures cfds. There is a 0.1% commission on the UK, french and german markets and a 0.04% commission on US markets.

Cfds on over 100 US, UK, and germany shares are available to trade on the XM platform.

Awards

Best customer service experience – global- awarded by global business awards 2020

Best FX service provider for 2020 – awarded by city of wealth management awards 2020

Best customer service global 2019 – awarded by capital finance international magazine (CFI.Co)

Best market research and education global 2019 – awarded by capital finance international magazine (CFI.Co)

Best FX service provider – awarded by city of london wealth management awards 2019

Best forex customer service – awarded by shares magazine

Best market research & education – awarded by capital finance international magazine (CFI.Co)

Best trading support for 2017 – awarded by capital finance international magazine (CFI.Co)

Best FX service provider for 2017 – awarded by city of london wealth management awards 2017

FBS

Features

FBS inc is one of the most popular online brokers with a presence in more than 190 countries. This broker has more than several million clients across five continents and is a prominent name in the trading industry.

FBS inc uses state-of-the-art technology on its website. FBS provides great trading conditions on both metatrader 4 and metatrader 5 trading platforms.

Like many leading brokers who operate in the international markets, FBS is regulated in the european union through the cyprus securities and exchange commission. This allows clients flexibility in leverage and other benefits, which include loyalty programs and trading bonuses.

Clients are provided maximum leverage of up to 1:30, and if you are a professional trader, you qualify for 1:500. By having an international subsidiary, FBS provides leverage as high as 1:3000 to its retail and professional traders.

To provide the best customer experience FBS organizes seminars and special events, providing its clients with training materials, cutting-edge trading technologies and latest strategies on the forex market.

Awards

Best FX IB program

Best FX broker indonesia

Best forex broker southeast asia

Best international forex broker

Best customer service broker asia 2016

Best forex brand, asia 2015

Best safety of client funds asia 2015

Best broker in asia-pacific region 2015

Best broker in the middle east

Best forex trading account 2018

Best copy trading application global – 2018

Best forex broker asia-2018

Best investor education – 2017

Best FX IB program – china 2017

The most progressive forex broker europe 2019

Best forex broker vietnam 2019.

Comparison of pros and cons

Let’s take a look at the pros and cons of these brokers:

XM	FBS
pros
regulated by top-tier authorities like cysec, ASIC, IFSC	regulated by top-tier regulatory bodies like IFSC and cysec
the minimum deposit is very low and provides demo account for its traders	minimum deposits are low and provide a demo account for its members
offers attractive bonus and promotions	offers a variety of promotions
provides negative balance protection	provides negative protection, and traders can use stop orders for minimizing the trading risks
provides excellent trading platforms	FBS provides great live support
cons
does not accept traders from the US, canada, and israel	provides limited trade instruments

Comparison – general features

features	XM group	FBS
established in	2009	2009
headquartered in	cyprus	belize
minimum deposit	$5	$1
fees
inactivity fee	Y	Y
commission	N	N
deposit fee	N	N
withdrawal fee	N	N
minimum trade	0.01 lot	0.1 lot
maximum trade	50 lots	none
account types
VIP account	N	Y
micro account	Y	Y
standard account	Y	Y
zero spread account	Y	Y
demo account	Y	Y
islamic account	Y	Y
funding methods
bank transfer	Y	Y
american express	N	N
credit card	Y	Y
neteller	Y	Y
skrill	N	N
paypal	N	N
bitcoin	N	N
trading instruments
forex	Y	Y
indices	Y	Y
majors	Y	Y
dow jones	Y	N
penny stocks	N	N
IPO	Y	N
FTSE	Y	N
energy	Y	N
metals	Y	Y
etfs	Y	Y
agricultural	N	N
bitcoin	N	N
other features
social trading	N	N
forex variable spreads	Y	N
price alerts	Y	N
scalping	Y	Y
fixed spreads	N	Y
hedging	Y	Y
limit orders	N	Y
stop-loss orders	Y	N
one click trading	Y	Y
trailing stops	Y	N
expert advisors	Y	Y
virtual private server	Y	Y
market maker	Y	Y
direct market access	N	N
trading signals	Y	Y
ECN broker	N	N
STP broker	N	Y

Comparison – regulation and safety

XM

XM is regulated by the australian securities and investment commission and also by the international financial services commission of belize.

This broker is regulated by cysec, which provides a guarantee to clients funds. Clients funds are covered through compensation schemes. All their deposits with regulated brokers in cyprus are covered with 20,000 euros per client, and they are guaranteed by the investor compensation fund.

Risk warning – your capital is at risk. Between 74-89% of retail investor accounts lose money when trading cfds.

FBS

FBS is regulated in cyprus by the cyprus securities and exchange commission(cysec) and the international financial services commission (IFSC) in belize. These licenses help this broker to service clients throughout the european union and around the world. FBS does not service a few countries like the US, japan, UK, canada, malaysia, israel, myanmar, brazil, and the islamic republic of iran.

FBS provides european traders negative balance protection since it has obtained a cysec license in 2017.

XM brokers vs FBS – commissions and spreads

XM

Not all of XM’s trading accounts are available for fixed spreads. XM provides variable spreads; it offers commission-free accounts that are 1.7 pips on currency pairs like EUR/USD. Zero account spreads are averaged to 1.1 pips on currency pairs like EUR/USD. Trading costs on zero spread account amount to 0.8 pips, which includes commission. You can open a zero trading account with a minimum deposit of $100. As a market maker, XM group may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements, and no commission on trades.

FBS inc

This broker offers the following types of spreads –

Fixed starting from 3 pip

At FBS, the average spread for one of the most popular currency pairs, the EUR/USD, is 1 pip.

Floating starting from 0.2 pip

Trading without spread – the fixed spread of zero pip

The value and the spread are determined by the account type used by the user

Comparison of XM and FBS – trading instruments

XM has a wide range of CFD instruments that are available to trade on their platform. It offers 6 asset classes that can be traded in more than 1000 instruments. Some of the trading costs like spreads, overnight swap rates, and commissions vary depending upon the instrument being traded and the account type.

FBS provides users around 75 trading instruments that include forex, energies, indices, stocks, and metals. Some of the trading costs like spreads, overnight swap rates, and commissions vary based on the instrument and the account type of the user.

Risk warning – your capital is at risk. Between 74-89% of retail investor accounts lose money when trading cfds.

Comparison of XM and FBS – account types

XM provides the investors with 4 types of accounts, micro, zero, standard, and ultra-low, with low spreads. The micro account and standard account minimum deposit are $5. The zero accounts minimum deposit is $100 with the lowest spreads. A commission of $3.5 is charged for every $100,000 traded. Ultra-low account minimum deposit is $50 and allows the user to trade with micro or standard lots, and it also offers a lower spread.

FBS provides five account types: standard account, cent account, micro account, ECN account, VIP account, and zero spread accounts for international investors.

The standard account is for experienced users, and the cent account for beginners in the forex trading markets.

Both FBS and XM offer an islamic account service.

FBS account types

XM brokers vs FBS – mobile trading platforms

XM users can download trading platforms MT4 and MT5 from the google play store and apple app store.

FBS also provides its users access to mobile trading through metatrader 4, metatrader 5; FBS trader mobile trading apps are available for both IOS and android devices. Links to the app can also be found on the broker’s website client portal area.

XM brokers vs FBS – leverage

Brokers provide leverage to customers so they can trade larger amounts than they have on deposit. Many people who start trading tend to go with brokers with the biggest leverage possible. They ultimately lose money when trading because of over-leveraging their accounts blowing them in a short space of time.

Leverage can be good in forex, though, so it just needs to be used wisely.

XM provides flexible leverage of 1:1 to 1:500. By using leverage, the user can trade positions larger than the amount in the trading account. The leverage is always expressed in ratios like 1:50,1:100, and 1:500.

FBS offers of up to 1:3000, and the user can execute orders by using this amount exceeding initial deposits that can make more money as profit with smaller investments.

Risk warning – your capital is at risk. Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

Comparison of XM brokers vs FBS – trading platforms

XM

XM trading platforms

XM provides both trading platforms MT4 and MT5. Metatrader 4 offers technical indicators, expert advisors(eas), advanced charting packages, and extensive backtesting options.

According to various XM reviews , XM also provides a free virtual private server (VPS) for both existing and new users of XM. With a minimum deposit of $5,000 and they need to trade a minimum of 5 round turn lots a month. It allows VPN hosting 24 hours, 5 days a week.

FBS

FBS trading platforms

FBS inc is an STP broker and offers its users metatrader 4, metatrader 5, and the mobile trading platform. Metatrader 4 is one of the most popular trading platforms because of its technical indicators, extensive backtesting environment, advanced charting tools, expert advisors. These features allow users to automate their trading. Metatrader 4 is available on desktop and mobile.

FBS trader is the proprietary trading platform app available on android and IOS devices for all types of accounts.

Risk warning – your capital is at risk. Between 74-89% of retail investor accounts lose money when trading cfds.

XM brokers vs FBS – bonus and promotions

XM

Welcome bonus

XM provides a deposit bonus of 15% as a welcome bonus account of up to $500 or currency equivalent

The bonus is credited automatically and instantly

Users can deposit more to maximize their bonus amount

Available in metatrader 4 and metatrader 5 accounts

This is a non-withdrawable bonus.

XM loyalty program

XM loyalty program offers rewards and incentives to users. It also offers a special seasonal bonus a few times a year available for a limited period. It also provides a highly exclusive bonus available only on an invitation basis.

Refer a friend

XM has a “refer a friend program” where you can invite your friends to start trading on the platform. You can earn up to $35 for each reference.

Free VPS services

XM provides free 24×7 VPS services. This eliminates downtime when you are trading on the platform. It also helps speed up trades ideal for eas.

FBS

FBS deposit bonus

Bonus and promotions

Get a car from FBS

FBS trader parties

100% deposit bonus

Trade 100 bonus

Cashback

FBS loyalty program

FBS provides “FBS loyalty program” whereby joining this program the traders have a chance to get silver, gold, platinum, or green status prices which includes rolex watches, a brand new car, or a trip to FBS headquarters. The users get the prices in exchange for the points earned by attracting new clients or by trading.

Free VPS

FBS inc provides free VPS, if the trader deposits $450 and trades 3 lots in the first month, they get a free VPS (virtual private server), and they can use it for free if they continue to trade three lots each month.

Comparison of deposit and withdrawal methods

XM accepts several local payment methods, including credit card, debit card, neteller, skrill, bank transfer, and several more. The website accepts deposit and withdrawal transfer fees that are made through moneybookers, neteller, skrill, and all major credit cards like visa, visa electron, mastercard, maestro, and china unionpay. All withdrawals and deposits more than $200 are processed by a bank transfer, which is included in the zero fees policy

FBS inc website provides a wide choice of deposit methods such as bank transfer, neteller, skrill, visa, sticpay, bitwallet, perfect money, and several more. All deposit methods are free of charge with the exception of instant deposits with sticpay, which charges commission. Withdrawal charges are based on commission, neteller withdrawal has a commission of 2%, skrill withdrawal has a commission of 1% plus $0.32 commission. Withdrawals through e-wallets are processed in 48 hours.

Comparison of education

XM provides live education, platform tutorials, and videos. Webinars are offered seven days a week in 18 languages by several webinar instructors. The live education room is divided into basic and advanced rooms. They cover the trading session analysis, trading fundamentals, and a Q&A section. Users can access these rooms for free.

FBS inc offers a wide choice of educational resources, including guide books, webinars, tips for traders, seminars, glossary sections, and video lessons. Online training courses guide new, intermediate, and advanced traders. Video lessons cover a wide range of topics for traders with different levels of expertise. It also hosts webinars that help users register for an online program.

Comparison of customer care

XM provides customer support 24×5, and they can be contacted from monday through friday via email, phone, and live chat. They also offer customer support in english, simplified chinese, greek, traditional chinese, german, russian, french, spanish, italian, polish, arabic, portuguese, and romanian.

FBS inc. Customer support can be contacted 24X7 through online live chat, call back service, facebook, telegram, and messenger in english, french, spanish, portuguese, malaysian, and arabic. Support covers issues regarding verification and registration, recovering and changing personal data, trading conditions, financial operations, trading platform, etc.

Wrap up

When it comes to forex brokers, you want to make sure that the broker you’re looking at is transparent and trustworthy. A market maker has information that is not available to anyone else in the general public, so aligning yourself with them will ensure the validity of the information you receive. Both XM and FBS are market makers and provide several features like different types of trading accounts, demo accounts, and excellent customer care. If you are an experienced trader, you can sign up with XM that offers low variable spreads, and choose to trade with metatrader 4 or metatrader 5.

FAQ’s

1. Which broker has lower trading costs and fees?

Both brokers provide low-cost trading opportunities equally. FBS charges withdrawal and deposit fees, while XM group charges inactivity fees but has lower non-trading fees.

2. Which broker is more reliable, XM group or FBS inc?

XM is the more reliable broker since it is regulated by the financial conduct authority, ASIC, IFSC, and cysec, and provides negative balance protection; FBS is regulated by IFSC, cysec and also provides negative balance protection.

3. What trading platform does each broker host?

FBS inc. And XM group host both metatrader 4 and metatrader 5. Features include one click trading, mobile trading, pending orders, and trailing stop-loss.

Investment advice – your capital is at risk. Trade with caution. These products might not be suitable for everyone, so make sure you understand the risks involved.

So, let's see, what we have: to withdraw funds, you can use either local exchangers or the most convenient payment systems: visa, perfectmoney, skrill, and others. At fbs withdrawal methods