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Overview

FBS Forex is a world-renowned broker, whose services are used by Forex traders and investors in more than sixty countries all over the world. Broker offers quality services for operations on the foreign exchange, commodity and stock markets, and these services are highly appreciated by its customers and professionals in the financial services industry. FBS Forex received numerous prestigious awards at international exhibitions, among the latest the following ones can be mentioned: "The Best Mini Forex Broker 2010", "The Best Mini Forex Broker 2011", "The Fastest Growing Forex Broker in Asia 2012", "The Best Forex Broker in Asia" and "The Best Trading Platform MT4 2012".

Among the well-known brokers there are few that can offer a fixed spread in one point and FBS Forex can do it, and it does, allowing its customers to receive the maximum profit.

The broker also holds on its site a large number of promotions and contests, which are open to all its customers. Winners of competitions receive from FBS Forex as an award gifts and various Forex bonuses that are immediately accrued on the trading account.

Broker tries to provide services at the highest level and one of its latest innovations is the deposit insurance system, which allows Forex traders to return a part of the lost funds even in case of losing trading.

Bonuses

FBS Forex holds on its site a variety of promotions and competitions for customers, participating in which any trader can win prizes or receive bonuses from the Forex broker.

The promotion Forex Bonus of $5 is designed for new customers who have just familiarized with the broker and the conditions of trading on the foreign exchange market. Broker gives every new customer the opportunity to open a trading micro account, where the Forex bonus of $5 will be accrued. This bonus will allow trading all sorts of currency pairs and learn more about the conditions of trading, which are offered by FBS Forex.

The contest FBS Pro is available to all customers of the broker. The competition is held on special demo accounts with a startup capital of $10,000. Participants of the contest have to trade within a month on the foreign exchange Forex market on the provided account with a leverage of 1:100. At the end of the month the results are summarized and Forex traders, who show the greatest profit, obtain Forex bonuses from FBS Forex.

Forex bonuses:

- 1 place - 450 dollars

- 2 place - 250 dollars

- 3 place - 150 dollars

- 4 place - 100 dollars

- 5 place - 50 dollars.

The promotion FBS Master Card is intended for all customers of the broker. Those who want to get a free card FBS Payoneer MasterCard should apply and credit the trading account at not less than $500. When the customer's documents that are loaded on the site of the broker are verified (it is enough to have color photocopies of the passport with address and photo), he receives the card MasterCard via the mail. The cost of this card is $20, but it can be received free of charge according to this promotion.

The promotion FBS Insurance of Funds is available for all customers of FBS Forex, but mostly for those traders who trade actively on the foreign exchange market and are often at risk. Users can insure their funds that are present on the trading account and in case of their loss, the broker is willing to pay up to 70% of the insured sum, but it is necessary to have a certain trade turnover, which is calculated for each amount individually.

The promotion 3% from the Liberty Reserve is suitable for those customers who replenish their accounts using the payment system Liberty Reserve. The 3% Forex bonus is accrued for each transfer via this system.

The promotion Forex Bonus 30% on Deposit is available for all traders. Funding account in any possible way the trader receives Forex bonus of 30% of the paid amount to a special credit account. In order to make bonus available for withdrawal, the user should have a certain trade turnover on the foreign exchange Forex market.

The trade turnover is calculated as follows:

- $1000 is credited

- Forex bonus 30% - $300

- 300 divided by 3 (like any other sum).

Equals 100, i.e. it is necessary to trade 100 lots for Forex bonus receiving.

The contest Super Trader is held among the broker's customers on actual accounts. The competition involves two groups of accounts. The first group includes trading accounts with a deposit from 100 to 1000 dollars, and the second group consists of trading accounts with a deposit from 1001 to $10,000. Despite the group of traders, they will get the same prizes in case of victory. The competition is held within three days, at the end of this period, the winners are determined, i.e. traders who gain the highest amount of lots while trading.

Distribution of prizes:

- 1 place - iPhone5

- 2 place - Blackberry10

- 3 place - Samsung Galaxy SII

- 4-15 place - cash Forex bonuses.

Training

Currently FBS Forex does not publish training materials on its website and it does not conduct online training, the only thing that it can offer is an opening of a demo account, where any user can trade in real time with virtual money without any risk.

Terms of trading

Broker FBS Forex offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $5

- the leverage is 1:500 (the decrease to 1:1 is possible)

- a lot of currency pairs, securities, gold, silver, futures)

- spread is fixed from 1 point (the floating one is from 0.2 points).

FBS Forex offers its customers several types of accounts: micro, standard, unlimited and generated.

MetaTrader 4

- multi-language support

- Instant Execution order

- MetaQuotes Language 4 (operations with Forex trading advisors)

- quotes export via DDE

- charts printing.

Forex indicators (recommended)

- Big Bars FromH

- 4h Vegas Meta Trader4h Chart

- Day Implus

- Divergence Trader Ron

- Zero Cross Alert.

Forex expert advisors (recommended)

- RelativeR2 (an automatic Forex advisor that operates on the basis of the indicator Stochastic Oscillator, showing due to it a good profit on different currency pairs)

- Megadroid (an automatic Forex advisor, proven itself from a very good side among professional traders, as it makes a profit while trading on the foreign exchange Forex market for all currency pairs and especially on the EUR/USD pair)

- NeroProfit (a mechanical Forex advisor that requires the minimum setup and even though it gives good results while trading of different currency pairs).

Investments

FBS Forex offers its customers to invest funds in successful managers. Unlimited accounts will be suitable for this direction of business. Successful traders can work on them, making a profit by trading on the foreign exchange Forex market.

Unique features

FBS Forex gives the opportunity to all its customers to earn on an affiliate program that has several levels:

- 1 level - starting an affiliate program

- 2 level - VIP affiliate program

- 3 level - an official Representative Office.

At the first level the partner attracts customers by using advertising materials provided by the broker. The second level does not differ much from the first one, but the working conditions become more favorable, as commission fees are received from attracted customers. The third level is the highest one, enabling a partner, who proves himself to be effective, to open an office of FBS Forex in his country and region.

By the way, among the partners competitions are constantly held, where valuable prizes, including smartphones, netbooks, laptops, tablets and others are drawn.

Add/withdraw funds

FBS Forex offers several ways to replenish accounts: VISA, MasterCard, Liberty Reserve, moneybookers, Perfect Money, DIXIPAY, Money Gram, Contact, WebMoney, Anelik, Western Union, FBS Deposit Card and bank transfer.

Contacts

FBS Forex provides 24 hours a day support to all its customers via online chat and by e-mail address [email protected]

Cons and pros

+ the worldwide known broker

+ the minimum deposit is $5

+ small spread

+ good leverage

+ many promotions and contests

- no online training.

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