FBS Forex Broker Review | Is FBS a Scam?

FBS are forex brokers. FBS offers the MetaTrader 4 and MT Mobile forex online trading top platforms. FBS.com offers over 80 forex pairs, gold, silver, other metals, and CFDs for your personal investment and trading options.

Established in 2009, FBS is a leading forex broker that is based in Belize. The FBS brand is managed by a holding company called FBS Markets Inc. Its head office is located at Address: No.1 Orchid Garden Street, Belmopan, Belize, C.A. Today, FBS is servicing clients in more than 190 different countries. FBS strives to provide its customers with the best trading experience. It does this by providing educational materials, advanced trading technologies and organizing special events. To cater to their diverse clientele base, FBS has also provided a wide range of trading accounts for them to choose from.

Regulations
In terms of regulatory oversight, FBS is regulated by CySEC (Cyprus Securities and Exchange Commission) under registration number 353534. Also, FBS is regulated the International Financial Services Commission (IFSC) of Belize under the license number IFSC/60/230/TS/18. The agency was established in 1999 to monitor and supervise all financial services providers in the Belize financial industry.

Reliability
As for FBS’s reliability, the broker has over the years since it has been operational, won numerous awards. Some of its achievements include “Best Forex Broker Southeast Asia”, “Best Customer Service Broker Asia 2016”, “Best Forex Broker Thailand” and “Best International Forex Broker”. FBS also won an award from the Indonesian Government for disaster relief work in 2017. All these awards serve to show that FBS is a socially responsible broker with high ethics.

Trading Platforms
For trading platforms, FBS uses the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. The MT4 trading platform is the world’s most popular trading platform. It is widely adopted by brokers in the industry due to its reliability and robustness. Traders also prefer the MT4 trading platform to other trading platforms due to the numerous trading tools that are integrated into the trading platform itself. As for the MT5 trading platform, it also comes with numerous trading features that are highly appreciated by traders. An updated trading platform, the MT5 was developed to handle trading in various asset classes and not just the currency market. Both the MT4 and MT5 trading platforms are available as a WebTrader or a Desktop client.