FBS.eu is a forex broker that offers trading of 4 types of metals and 6 CFDs (which are on stocks, indices and commodities) in addition to currency pairs trading. Learn more about CFDs here. FBS is a registered trademark of Tradestone Limited, this company is licensed in Europe by the Cypriot regulatory authority CySEC, so the broker can legally offer its services in said continent. The minimum deposit for FBS broker is set at $10.
FBS Review – Broker overview
| Minimum deposit | 10 USD |
| Platform | MT4, MT5, their own |
| Regulated broker | Yes |
| Regulations | CySEC |
| Demo account | Yes |
Special features and advantages
| Automatic trading (EAs) |
Trading platforms
FBS offers its clients a total of 3 trading platforms – MT4, MT5 and FBS Trader. MT4 and MT5 are very popular among traders and serve very well not only for opening and closing trades but also for analyzing markets, both platforms also support automated trading systems (EAs). They can be traded directly from a web browser, or the platforms can be downloaded to a computer or mobile device. FBS Trader is a proprietary platform from broker FBS that traders can use to trade on mobile.
FBS fees (spreads)
Just like any other CFD broker, FBS charges a spread fee. For the current value of this fee, please visit the FBS website. We have prepared a small comparison table here, where you will find the amount of FBS spread fees on popular currency pairs compared to 2 other popular CFD brokers.
EUR/USD | EUR/USD | USD/JPY | GBP/USD | AUD/USD |
| Plus500* | 0.6 | 0.7 | 1.1 | 0.6 |
| XTB* | 0.8 | 1.4 | 2.0 | 1.7 |
| FBS** | 0.9 | 2.0 | 0.9 | 0.8 |
**the spread value was gathered from the broker’s trading platform 12/02/2020
FBS Review – Summary
FBSs must comply with strict regulatory guidelines from the CySEC regulatory authority. The broker offers a total of 3 trading platforms and a limited time free demo account. The range of assets here is quite weak, there are only 31 forex pairs, 4 types of metals and 6 CFDs. The website is available in 6 world languages.
Advantages
- Relatively strict regulation
- Convenient spreads
- More trading platforms to choose from
- Low minimum deposit
Disadvantages
- Very narrow asset range
