Jan 02 2022 13

FBS broker has been popular recently. Their trade volume’s leading Thailand market as FBS offers a great range of attractive promotions from $100 Welcome Bonus, 100% Deposit Bonus and Mercedes GLA Promotion.

Remember my advice: “Professional traders don’t like forex bonus”? Some of the most frequent questions are: Should I trade with FBS forex broker? Is it reliable? Are they a scam broker? All of your questions will be answered in this detailed review.

should I trade with FBS

I’ve been trading with FBS Broker since 2011. At that time I didn’t stay long because it had high spreads, slow execution speed and high slippage. Of course, I left after a few months trading. In June 2016, FBS forex broker became more and more popular because of its promotions such as welcome bonus (we do love free stuff!). There were so many changes that made me quite surprised when I got back. Here are the reasons why you should trade with FBS FX broker:

FBS Forex Broker offers fast fund withdrawal and less fee

This seems to be their biggest advantage. FBS is the only foreign broker allowing you to deposit through local bank. What’s more, you can deposit via mobile top-up card for small transactions, which allows you to test the broker and learn more. Therefore, it applies a very small fee compared with depositing via your Visa/ MasterCard and other online payment gateway. In addition, you’ll get up to a 100% bonus for depositing.

Who else can offer fast fund withdrawal?

FBS may be fast in this category, but it is nowhere near Exness. In the forex market, the fastest broker in terms of deposit and withdrawal is Exness. It built a completely automatic system that can process client's orders in the matters of seconds. Thousands of forex traders choose Exness because of this speedy feature.

Check Exness deposit/withdrawal system here

FBS offers various account types that fit your trading strategy

You just started trading. You have already read all the trading guide books and have traded with demo account for at least one month. You are now good to go with a real account! Start with the FBS Cent account since you don’t have much experience. You just need to deposit $10 in the account, then you will have 1000 cents. Just trade this 1000 cents as $1000 to gain more insights and experiences. Don’t start with a big deposit without experiences. Most of successful traders have started out with Cent Accounts. More than 90% of traders lose when start trading forex. Therefore, you should trade with Cent Account to secure your fund until you are ready. If you are not sure of high and uncontrollable spreads, trade with Zero Spread Account. Spread is zero for this account (as its name!). However, you need to pay a trading fee with a minimum of $20 per lot, which depends on the pairs you choose.

Most traders open Unlimited Account at FBS. This account has some advantages such as low spread starting from 0.2, minimum deposit is $500.

FBS review

FBS has low spread

I have used many softwares to compare FBS spread with other big brokers such as Saxobank, IG Group, ICMarket, etc. It turns out the FBS spread is always the low one. EURUSD is usually smaller than 1 pip. Moreover, the trading commission for EURUSD is only $20 if you are using the Zero Spread Account. This is considered an extreme low commission for EURUSD.

Who else have low spread like FBS?

Well actually, there are some brokers who can offer spread as low as FBS or even lower.

Are they better than FBS?

I will say yes, because of the regulations. FBS has IFSC regulation, which can only protect traders in South Africa. There are other brokers for European traders like Exness (FCA regulated) and XM (also FCA regulated). Exness and XM has even lower spread than FBS if you ask me.

 Check Exness spreads here.

 Check XM spreads here.

Good support team

FBS broker has a good support team for each market. There is no need to worry about any problems occurred while trading because the support team is very approachable. They answer all of the questions on websites and Facebook. In terms of supporting, I think FBS Broker obviously stands out from other foreign brokers. FBS has a representative office in some countries such as: Thailand, Indonesia, Vietnam, China,... However, FBS doesn't educational seminars like XM seminars. So if you're thinking getting educational support brokers, you can consider XM.


Peter Pan

Hey, I’m Peter Pan. I am a writer currently resided in Thailand. For my forex experience, I have been trading with many forex brokers from all over the world for 5 years now. I hope that my articles about forex brokers can help you succeed in this market just like me.

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13 Comment


Dec 06 2020

I have been trading with FBS Copytrade app for three years and this is really exciting to me with FBS Copystar contest for copy traders like me, from which I could win much more prizes. Though support sometimes delay, still a good broker to me!



Nov 23 2020

FBS, which is really the best broker with existing facilities, and an attractive bonus promo, one of which is the FBS league where we can train our skills by competing with other traders to become pro traders. It's really fun to join the FBS broker


Vladimir Rojas

Nov 18 2020

It's interesting the categories of Trader PRO with the FBS CopyTrade application, in which they are categorized as reliable, experienced and trained to be copied thus reducing investment risks.



Sep 18 2020

thank you FBS for providing a telegram channel where I can update the news about forex on that channel, it helps me to trade



Jun 08 2020

i like their services! the withdrawal is very efficient, makes my trading experiences quite easy and pleasant



Jun 08 2020

Metals (Gold and Silver) is the best instrument to trade now.I also like trading Metals (gold) with FBS because the trading condition is really good for me also spread is normal.In this situation, I recommend you to trade Gold and you can get best trading condition of gold with FBS, like I found.



Jun 03 2020

In the current coronavirus pandemic, I prefer trading in Phama stocks. I see on FBS, this stock is very popular where many Phama companies are competing to make vaccines for coronavirus. I see the chart is quite promising. For trading I use mt5 because the performance is very fast. So that it can provide quick profit for me.


Francisco Jorge

Apr 29 2020

I'm using the FBS Trader app for Android and it is pretty god. Some minor bugs, since it is a new feature, but is nice to see they are improving and getting more mobile. It is useful for me, since I'm a part time Forex trader and use it at my spare time at metro, bus etc. Good for me.



Mar 30 2020

FBS promotion is good. I like every promotion. It makes me enjoy when I exchange money and receive promotions at the same time.



Sep 27 2019

FBS.to sum it up.they are a straight greedy,BS broker.they will rob you with their spread manipulation, Their candles ARE NOT THE SAME WITH OTHER CLEAN BROKERS.They simply don't want anyone to win.I am trading with a group of traders and we all experienced the same shit with FBS.Overall 1/10.If you are new to trading don't go to FBS.If you are a master in trading please go there to kill them on their leverage.Oh and their withdrawal process???do they even have money to payout????or should others lose first in other for them to payout, Thank God He blessed with clean brokers.FBS can burn in Hell.Devils Broker


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