FBS RATING REVIEW
-FOREX BROKER RATING {63.0%}
FBS is a Russian-based Forex Broker regulated by CRFIN and IFSC (check below for full licenses). FBS offer No-Dealing Desk execution and a great number of different account types including zero-spread accounts. The minimum amount to open a new account with FBS is just $1 and you may fund it via a great number of different fund methods including Skrill, Neteller, WebMoney and many other methods suitable for Asian-based traders. FBS offer also the FBS Mastercard which allows deposit and withdraw money in any part of the world. There is also a 60% welcome bonus promotion for all new clients. FBS allows automated trading and scalping and offer normal spreads. Overall FBS is a good choice for Asian Forex traders as it provides many suitable fund methods plus multilingual customer support focusing on Asian countries (Russian, Chinese, Indonesian, Malay, Thai and Vietnamese).
- Minimum Account: 1 USD
- Fund Methods: Cards | Wire| Skrill | Neteller | CashU | DIXIPAY | EgoPay | FasaPay | Liqpay | Moneta.Ru | OKPAY | PAYSBUY | Perfect Money | QIWI | UnionPay | WebMoney | Yandex.Money
- Account Currencies: United States dollar | Euro
- Platforms: MetaTrader4 | WebTrader | Mobile Apps
- Forex Index: FBS offers a great Forex asset index containing tens of Fx pairs
- Forex Futures: Dollar Index | Australian Dollar Futures | Swiss Frank Futures | Euro Futures | British Pound Futures | Japanese Yen Futures
- Metals: Gold Futures | Silver futures
- Energy: Brent Crude Oil Futures | Natural Gas
- Indices: Dow Jones | S&P 500 | Nasdaq 100 | EuroStoxx | DAX Futures | Hang Seng Futures | Korea Composite | Kuala-Lumpur Composite | Tokyo Stock Market
- Customer Support: 24/5 via Live Chat, Phone, Email, Forum
- Support Languages: English | Arabic | Chinese | Indonesian | Malay | Russian | Thai | Vietnamese
Here is the FBS Rating Summary
» FBS WEB
| FBS RATING SUMMARY | |
| Based on the Main Rating Table | (MAX 100%) |
| A. FBS FUNDS SAFETY | 43.4% |
| B. FBS TRANSACTION COST | 66.1% |
| C. FBS TRADING OPTIONS AVAILABLE | 74.0% |
| D. FBS TECHNOLOGY | 70.0% |
| Overall FBS Rating | 63.0% |
| RATING PER TRADING EXPERIENCE | |
| Based on FBS Sub-Formulas | (MAX 100%) |
| Forex Beginners | 67.5% |
| Advanced Forex Traders | 65.2% |
| Professional Forex Traders | 60.8% |
| Overall FBS Rating | 63.0% |
» FBS WEB-SITE | » FBS NEW ACCOUNT REGISTRATION
FBS FULL RATING REVIEW
This is the full FBS Rating Report using the Rating Formula v4.1 (under authorization)
| FBS FOREX RATING REPORT | ||||
| FBS TOTAL RATING | 100.0% | FBS Broker | ||
| 63.0% | ANALYSIS | |||
| A. FBS FUNDS SAFETY | MAX WEIGHT | 26.0% | 11.3% | FBS Forex Safety of Funds Rating |
| A.1 FBS Forex Regulation | FSC (BVI) = 1.0% rating | CYSEC (Cyprus) = 3.0% rating | FFMS (RU) = 3.0% rating | RAFMM (RU) = 3.0% rating | CBI (IR) = 4.0% rating | ASIC (AU) = 4.0% rating | FSC (NZ) = 4.0% rating | FSA (UK) = 6.0% rating | BAFIN (GE) = 6.0% rating | NFA (US) = 6.0% rating | CFTC (US) = 6.0% rating | FINMA (SW) = 8.0% | and MiFID (EU) = +4.0% rating | 12.0% | 2.0% | Regulated by CRFIN (Russia) and IFSC Panama = 0.0% = Total = 2.0% rating |
| A.2 FBS Forex Headquarters | Offshore Countries = 0% | Cyprus and similar = 2.0% rating | Spain, Italy and similar = 3.0% rating | Australia and similar = 4.0% rating | USA, Germany, UK, Switzerland and similar = 5.0% rating | 5.0% | 2.0% | FBS is based in Russia = 2.0% rating |
| A.3 FBS Forex Years of Operation | 0-1 Years Operation = 0 % rating | 2-5 Years Operation = 2.0 % rating | 5-10 Years Operation = 4.0 % rating | 10+ Years Operation = 5.0 % rating | 5.0% | 4.0% | FBS Foundation in 2009 = 4.0% rating |
| A.4 FBS Forex Client Bank Account Segregation | Yes Provided = 2.0 % rating | No it isn't Provided = 0.0 % rating | 2.0% | 2.0% | Yes = 2.0% rating |
| A.5 FBS Forex Web Ratings (Used for differentiating rating results) | EarnForex Rating = 1.0 % rating | ForexPeaceArmy Rating = 1.0 % rating | 2.0% | 1.3% | ForexPeaceArmy =3.439 / 5.00 | EarnForex= 5.9 /10.00 | Rating 1.278% rating |
| A.6 (+) FBS Forex ADJUSTMENTS | ||||
| A.6.1 Company Size Factor | 1+ Million of Active Traders = +1.0 % rating | 1.0% | 0.0% | No = 0% rating |
| B. FBS TRANSACTION COST | MAX WEIGHT | 28.0% | 18.5% | FBS Forex Transaction Cost Rating |
| B.1 FBS Forex EURUSD Spread | < 0.3 pip = 8.0% rating | <0.4 pip = 7.5% rating | < 0.5 pip = 7.0% rating | <0.6 pip = 6.5% rating | <0.7 pip = 6.0% rating, | <0.8 pip = 5.5% rating | <1.0 pip = 5.0% rating | < 1.25 pip = 4.5% rating | < 1.5 pip = 4.0% rating | <1.75 pip = 3.5% rating | >2 pip = 3.0% rating | < 2.5 pip = 2.0% rating | < 2.5 pip = 1.0% rating | < 3 pip = 0.5% rating | 8.0% | 3.5% | EURUSD at 1.7 pip = 3.5% rating |
| B.2 FBS Forex GBPUSD Spread | < 1.0 pip = 5.0% rating | <1.25 pip = 4.0% rating | < 1.5 pip = 3.0% rating | < 1.75 pip = 2.5% rating | < 2 pip = 2.0% rating | < 2.25 pip = 1.5% rating | < 2.5 pip = 1.0% | < 3 pip = 0.5% | 5.0% | 1.0% | GBPUSD at 2.3 pips = 2.0% rating |
| B.3 FBS Forex USDJPY Spread | < 1.0 pip = 4.0% rating | <1.25 pip = 3.5% rating | < 1.5 pip = 3.0% rating | <1.75 pip = 2.5% rating | < 2 pip = 2.0% rating | < 2.5 pip = 1.0% rating | < 3 pip = 0.5% | 4.0% | 1.0% | USDJPY at 2.3 pips = 3.5% rating |
| B.4 FBS Forex Trading Commissions Charged | No Commissions = 7% rating | Commissions < $5 / lot = 3% rating | Commissions < $8 / lot = 1% rating | Higher Commissions = 0% rating | 7.0% | 7.0% | No commissions on the account types = 7.0% rating |
| B.5 FBS Forex Funding Commissions | No Funding Fees = 2.0 % rating | Yes = 0 % rating | One Free Withdrawal Per Month = 0.5 % rating | 2.0% | 2.0% | No deposit / withdrawal fess = 2.0% rating |
| B.6 FBS Forex Maintenance / Inactive Fees | No Maintenance / Inactive Fees = 2.0 % rating | Yes Maintenance / Inactive Fees = 0 % rating | 2.0% | 2.0% | No such fees = 2.0% rating |
| B.7 (+) FBS Forex ADJUSTMENTS | ||||
| B.7.1 FBS Forex Execution | ECN / DMA Execution = +2.0 % rating | STP Execution = +1.5 % rating | Dealing Desk Execution = +0.0% rating | 2.0% | 2.0% | ECN orger execution = +2% rating |
| C. FBS TRADING OPTIONS AVAILABLE | MAX WEIGHT | 26.0% | 19.3% | FBS Forex Trading Options Rating |
| C.1 FBS Forex Index of Forex Assets | 45+ Forex Pairs = 8.0% rating | 40+ Forex Pairs = 7.0% rating | 35+ Forex Pairs = 6.0% rating | 30+ Forex Pairs = 5.0% rating | 25+ Forex Pairs = 4.0% rating | 20+ Forex Pairs = 3.0% rating | 15+ Forex Pairs = 2.0% rating | 10+ Forex Pairs = 1.0% rating | Less than 10 Forex Pairs = 0% rating | 8.0% | 4.0% | 28 Currencies = 4.0% rating |
| C.2 FBS Forex CFD Trading | Yes CFD Trading = 2.0 % rating | No CFDs = 0.0 % rating | 2.0% | 2.0% | CFD trading = 2.0% rating |
| C.3 Availability of Free Demo Account | Yes = 2.0 % rating, No = 0.0 % rating | 2.0% | 2.0% | Demo account = 2.0% rating |
| C.4 FBS Forex Capital Leverage | Leverage > 100:1 = 2.0% rating | Leverage > 75:1 =1.5% rating Leverage > 50:1 = 1.0% rating | 2.0% | 2.0% | Capital Leverage up to 1,000:1 = 2.0% rating |
| C.5 FBS Forex Promotions | 6.0% | 3.0% | ||
| C.5.1 FBS Forex Welcome Bonus (%) | Welcome Bonus >50% = 6% rating | Welcome Bonus >40% = 5% rating | Welcome Bonus >30% = 4% rating | Welcome Bonus >20% = 3% rating | Welcome Bonus >15% = 2% rating | Welcome Bonus >10% = 1% rating | 3.0% | Welcome Bonus up to 60% = 6.0% | Credit Bonus (no withdrawals) thus 50% of all rating | 6% x 50% = 3% Final Rating | |
| C.5.2 FBS Forex Trading Rebate (%) | Trading Rebate >30% = 6% rating | Trading Rebate >25% = 5% rating | Trading Rebate >20% = 4% rating | Trading Rebate >15% = 3% rating | Trading Rebate >10% = 2% rating | Trading Rebate >5% = 1.0% rating | 0.0% | ||
| C.6 FBS Forex Minimum Account | Min Account < $500 = +1% rating | Min Account < $1,000 = +0.5% rating | 1.0% | 1.0% | Minimum Deposit only one USD = 1.0% rating |
| C.7 FBS Forex Deposit Methods | For every available deposit method = 0.5% rating max = 5 methods | 2.5% | 2.5% | More than eight (8) fund methods = 2.5% rating |
| C.8 FBS Forex Withdrawal Methods | For every available withdrawal method = 0.5% rating max = 5 methods | 2.5% | 2.5% | More than eight (8) fund methods = 2.5% rating |
| C.9 (+) FBS Forex ADJUSTMENTS | ||||
| C.9.1 Asset Index with more than 100 Forex Pairs | Yes more than 100 Pairs = 1.0 % rating / No = 0 % rating | 1.0% | 0.0% | No = 0% rating |
| C.9.2 Interest on Unused Funds | Yes Interest on Funds = 0.50 % rating No = 0.0 % rating | 0.5% | 0.0% | No = 0% rating |
| C.9.3 FBS Forex Contests / Championships | Yes Available = 0.25 % rating | No = 0 % rating | 0.3% | 0.25% | Demo competitions by FBS = +0.25% rating |
| D. FBS TECHNOLOGY | MAX WEIGHT | 20.0% | 14.0% | FBS Forex Technology Rating |
| D.1 FBS Forex Trading Platforms Availability | For every Trading Platform = 1.0% rating max = Five (5) platforms | 5.0% | 1.0% | Only one (1) platform, MetaTrader-4 = 1.0% rating |
| D.2 FBS Forex Slippage on Execution | Slippage < 0.5 pip = 4.0% rating | < 0.75 pip = 3.5% rating | < 1 pip = 3.0% rating | < 1.25 pip = 2.5% rating | < 1.5 pip = 2.0% rating | < 1.75 pip = 1.5% rating | < 2.0 pip = 1.0% rating | 4.0% | 2.5% | Less than 1.25 pips slippage = 2.5% rating |
| D.3 FBS Forex Allowance of Automated Trading | Yes it is Allowed = 2.0 % rating / No = 0 % rating | 2.0% | 2.0% | Expert Advisors (Forex Robots) are allowed = 2.0% rating |
| D.4 FBS Forex MT4 Platform Availability | Yes it is Provided = 2.0 % rating / No = 0 % rating | 2.0% | 2.0% | Yes, MetaTrader-4 = 2.0% rating |
| D.5 FBS Forex Mobile Trader Availability | For every Mobile Device = 0.50 % rating, max = Four (4) mobile devices | 2.0% | 1.5% | 3 Apps (iOs, Android and Windows mobile) = 1.5% rating |
| D.6 FBS Forex Scalping / Hedging Allowance | Yes to both = 1.0 % rating | Only Hedging or Scalping = 0.5% rating | No to both = 0 % rating | 1.0% | 1.0% | Both are allowed by FBS = 1.0% rating |
| D.7 FBS Forex Customer Support | 24/7 Customer Support = 1.0 % rating | 24/6 Customer Support = 0.5 % rating | 24/5 Customer Support = 0 % rating | email support = 1.0% rating | Phone support = 1.0 %. | Live Chat support = 1.0 % rating | Skype support = 0.5 % rating | Call-Back = 0.5 % rating | 4.0% | 4.0% | 24/5 support = 0%, eMail =1 0%, Phone = 1.0%, Live Chat =1.0%, Forum =1.0% = 4.0% rating |
| D.8 (+) FBS Forex ADJUSTMENTS | ||||
| D.8.1 FBS Forex PAMM / MAM Accounts | Yes PAMM / MAM = 0.5% rating | No = 0 % rating | 0.5% | 0.0% | PAMM not available by FBS = +0.0% rating |
| D.8.2 FBS Forex Availability of API Trading | Yes to API trading = 0.5 % rating | No API trading not available = 0.0 % rating | 0.5% | 0.0% | No = 0% rating |
| TOTAL FBS RATING | 63.0% | |||
FBS Global Full Licenses and Authorizations
(1) CRFIN (Russia), Number 009069697
(2) IFSC (Belize), Number 60/230/TS/12
(3) Client funds are stored in the segregated bank accounts, separated from the company’s funds. FBS has to observe the strict international requirements for the minimum equity capital as well as be audited periodically.
» FBS WEB-SITE | » FBS NEW ACCOUNT REGISTRATION
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□ FBS Rating -Review FBS
ForexValuation.com (c)
Note: The above FBS Rating was made using the TradingCenter Rating Formula v4.1 under authorization
Rating Formula Concept by George M. Protonotarios, MSc “International Banking and Finance”
