FBS

Maximise FBS Broker Earnings with Cashback Bonuses

FBS and STIC Cashback are offering traders exclusive access to the cashback bonus program, where every trader is eligible for cashback on their trades. Bonuses take the form of credit sent directly back to their trading account and are based on a percentage of trade volume.

While we always recommend keeping an eye out for other promotions to enhance the trading experience, one of the most unique parts of the FBS offering is its multi-award-winning partnership program. With the opportunity to earn a commission of up to 43% as a percentage of the spread from every trade your clients make, the program currently has more than 700,000 partners and has won 90+ awards.

FBS Cashback Bonus – Key Terms and Conditions

• FBS offers 3 different account types in partnership with the STIC Cashback bonus

• STIC Cashback bonus is ¢3.30 on the Cent Account, $ 2.30 on the Pro Account and $3.30 on the Standard account (per lot)

• Settlement period is weekly

• Minimum lot size is 0.01

FBS Broker Background and History

Established in 2009. FBS has more than 27 million clients worldwide with their legal address registered in Cyprus. Regulated by three financial authorities globally, they have won an impressive range and number of awards to date, including Most Trusted Forex Broker and Best Forex Trading Support (FXDaily 2024), Outstanding Mobile Trading App Global (Brands Review Magazine 2024) and Best Trading Application Asia (World Business Outlook 2024).

FBS Broker Regulation and Safety

Companies operating under FBS are regulated by three financial authorities. FBS Markets Inc. is regulated by the Financial Services Commission (FSC) of Belize under license number 000102/460. Tradestone Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 331/17. Intelligent Financial Markets Pty Ltd. is regulated by the Australian Securities and Investment Commission (ASIC) under ABN: 48 155 185 014.

They offer a transparent fee structure with all fee information readily available in the Client Agreement on the FBS website.

FBS has also put several measures in place to protect client funds. These include negative balance protection, segregated accounts, regulated payment compliance and SSL certification. The FBS mobile app employs several data protection measures including data encryption and secure login with Face/Touch ID for iOS and Biometric ID for Android devices.

FBS Broker Account Registration, Verification and Login

Account opening is quick, easy and fully digital. Users must pass a profile verification, confirm personal information to access the Client Portal and then submit documents to complete standard ID verification. A low minimum deposit makes this accessible for all types of traders, while users can also practise with a demo account.

FBS encourages all traders to build on their knowledge using the free educational materials available on the website. Accounts are typically set up within 24 hours.

Once the account setup is complete, it’s time to register the trading account details to receive cashback. Users need to set up an account with STIC Cashback or link their existing STICPay account. Finally, they need to confirm that the trading account is approved via the ‘My Cashback’ menu.

Account Options at FBS Forex Broker

FBS offers two different account types:

• The Cent account is ideal for beginners, allowing trade-in cents with smaller lots to reduce risk. It has a floating spread and no commission, with a maximum leverage of 1:1000.

• The Standard account is suitable for more experienced traders, offering a standard trading experience with competitive spreads.

Traders can also open a demo account and trade with virtual money using real market data, the ideal way to try and test different strategies without any risk or pressure.

FBS also offer a swap-free Islamic account designed to make trading accessible for all. With this account, a weekly commission is applied for long-term positions only of Forex Exotic instruments, charged seven days after the initial rollover and every weekend until the position is closed. For other instruments, there is no weekly commission.

The minimum amount of deposit to any account is $5. For payment systems such as Neteller or Skrill, the minimum deposit is $10. However, the amount you need to open a trade will depend on your account type, trading pair, leverage, and volume (lot) you use to open an order.

FBS Forex Trading Platforms

FBS trading is primarily done through the popular, super-powerful MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available on desktop, mobile and web (including Windows, Mac, Apple and Android). Key features and advanced functionality are designed to support traders at all levels in executing a tailored strategy to optimise profits.

Advanced analytical tools include 21 chart timeframes and 38 technical indicators (MT5), while traders can also access automated trading and precise trading algorithms via the Expert Advisers. Economic calendars allow traders to monitor the markets in real time while utilising up to 8 pending order types to maintain control of their chosen position. Extensive market coverage offers access to trading on 550+ instruments.

FBS further support their brokers with trading on the go via their dedicated Forex trading app. The app offers a user-friendly interface where traders can access the full trading experience including the option to deposit, withdraw, manage accounts, analyse real-time charts and access quick trade execution with 550+ instruments. Balance management and comprehensive analytics support users in consistently tweaking and improving their trading strategy.

FBS Broker Trading Instruments

FBS offers trading with a variety of instruments including major and exotic Forex pairs, metals, indices, energies and stocks. They offer a high number of instruments within each asset class. Accounts operate with (tight) floating spreads from 0.7 pips and FBS works closely with a range of liquidity providers to ensure spreads correlate with market rates as far as possible. There is no commission due on any instruments.

FBS Forex Trading Conditions

Leverage varies by account type with the Cent account offering a maximum leverage of 1:1000 and the Standard account offering competitive leverage (specific amounts may vary). Traders can adjust their leverage via the Trader Area account settings.

As with trading in any fast-paced market, slippage may occur but FBS trade order execution is fast, at around 0.01 seconds.

FBS Forex Fees and Costs

Spreads are not pre-determined as FBS has floating spreads but they do not charge commissions on instruments.

FBS Broker Deposit and Withdrawal Methods

FBS offers 200+ global and regional-specific payment methods, including a huge range of electronic payment systems, credit and debit cards, bank wire transfers, crypto and exchanges.  There are no deposit fees or commissions charged by FBS for any deposits into the trading accounts and no withdrawal fees, other than those imposed externally by the banks.

Withdrawal processing times are fast, typically up to just 20 minutes with the majority of payment methods except for bank transfers which can take up to 48 hours. There is no commission due except that applied by the individual payment system.

FBS Broker Customer Support

FBS offers a wide range of customer support channels, including WhatsApp, Facebook Messenger and Live Chat. They also offer a callback service. Customer service support is offered 24/7 in a variety of languages including English, Spanish, Thai and Filipino. Response times are generally reported as faster than the industry average.

The FBS website also includes a detailed FAQ section broken down into bite-sized sections to answer common queries quickly and efficiently. The website further offers a range of educational support services including access to their active, supportive social media communities as well as tutorials, courses and webinars for both beginner and expert traders.

FBS Forex FAQs

How much do I need to start trading?

The Trading Calculator on FBS’s official website will show every trader how much they need to open a trade. This is based on factors including account type, trading tool, lot size, currency of your account, and leverage.

What is your VPS service?

FBS traders can access the VPS “Virtual Private Server” by making an initial deposit of $450 to any of their trading accounts (after the first month, a monthly fee of $33* is deducted from the account specified by the client during the server setup).

The VPS offers a number of exclusive benefits including a fast, stable connection to the trading platform, 24/7 operation, including offline mode, and the ability to trade from anywhere.

*This service will remain free if you trade at least 3 standard lots within the previous month. If no funds are available on your accounts and the trading volume condition was not fulfilled, the service is disabled.

How many trading accounts can I open?

You can open up to 10 trading accounts of each type (MetaTrader 4 and MetaTrader 5) if your Trading Area is verified and if the total deposit to all your accounts is $100 or more.