FBS Journal

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FBS Profile
Website
Year
2009
Country
Belize
Branches
18
Regulation
IFSC Belize, CySEC Cyprus
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted countries
Not serving
х Brazil, Canada, Iran, Israel, Japan, Malaysia, Myanmar, UK, US
Broker type
STP, DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
30 ms
LPs total
7
LPs quality
Tier-1 Banks, Tier-2 PoPs
LPs names
Bank of America, Citibank, Goldman Sachs, HSBC, JPMorgan, Nomura, UBS

FBS Accounts
STP
ECN
Minimum Deposit
100 $
1000 $
Leverage
3000 : 1
500 : 1
Minimum Lot
0.01 lots
0.1 lots
EURUSD spread
0.5 pips
0 pips
Commission
0 $/lotRT
12 $/lotRT
Volume
500 lots
500 lots
Margin Call
40 %
40 %
Stop Out
20 %
20 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Update broker

Is FBS safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: IFSC Belize, CySEC Cyprus
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is FBS trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • FBS website: highly detailed, updated ★★★★★
  • FBS popularity (by visitor count): top visited ★★★★★

How FBS works

9.5.3. The current rates for the underlying assets are those calculated by the Company on the basis of the quotes received by the Company. All issues regarding the market prices determination lie within the sole cognizance of the Company.

Market Execution: An execution of the Client’s order at the liquidity providers’ best price.

Dealer - 1) A Company, with which the Client has made agreements, regulating a legal basis for executing trading operations on the conditions of the margin trading; - 2) a trading server and/or a Company employee who processes requests and orders of Clients, executes orders, stop out and margin calls.

2. Company’s services

2.1. The term “Company’s services” refers to any interactive services or software provided by the Company, which allow the Client to:

2.1.1. Connect the Company or authorized third Party, receive information and/or quotes from the Company or authorized third party

3.2.6. In case the order has reached the dealer and has “Order is in process” status, such order cannot be cancelled.

d) In case the Client uses an electronic advisor performing over 30 requests per minute the Company reserves a right to ban such EAs.

3.2.8. In case the current quote of the financial instrument changes at the moment when the Company is processing the Client’s request, the Company reserves the right to use the new price (Bid/Ask). In such case, the Client’s request will be processed at the new price.

9.5.1. The Client accepts that in the queue of orders on the server there can be only one order. An attempt to submit any new order will be rejected and in the order window a notice will appear “Order is blocked".

9.5.4. The Client unconditionally accepts the quotes provided by the Company to its Clients as exclusively correct;

https://cdn.fbs.com/docs/FBS_agreement_en.pdf

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