FBS Cashback Rates
If the trading account that you want to assign to our partner group was opened earlier, you need to send a request to the broker. A sample letter is shown on the right. The transfer of an account to a partner group occurs at the sole decision of FBS.
Once your trading account has been transferred to our partner group, please send us an email notification support@globegain.com. This is necessary to speed up the approval of the invoice in our system.
Dear Sirs,
Please place my account xxxxxxxxxxx under IB 350149.
Kind regards,
John Brown
FBS Review 2024
FBS is a Forex broker that offers online trading services for individuals who want to invest in the financial markets. The company was founded in 2009 and has since grown to become a well-known and respected broker in the industry, with offices in various countries around the world.
One of the main advantages of FBS is the wide range of trading instruments available to its clients. The broker offers over 40 currency pairs, as well as CFDs on stocks, indices, commodities, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of different market opportunities.
Another strength of FBS is the range of account types available. The broker offers six different account types, including Cent, Micro, Standard, Zero Spread, ECN, and Crypto. Each account type has its own specific features and trading conditions, allowing traders to choose the one that best suits their needs and preferences.
FBS also offers a variety of trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as a proprietary mobile trading app. These platforms are user-friendly and feature a wide range of tools and indicators that can help traders analyze the markets and make informed trading decisions.
In terms of regulation, FBS is licensed and regulated by the International Financial Services Commission (IFSC) in Belize, as well as the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. This provides traders with an added layer of security and ensures that the broker operates in a transparent and ethical manner.
Overall, FBS is a reputable and reliable Forex broker that offers a range of trading instruments, account types, and platforms to suit the needs of different traders. While no broker is perfect, FBS has built a solid reputation in the industry and continues to attract new clients from around the world.
Bonuses & Promotions
The Promo section on the FBS page introduces an array of enticing offers tailored to traders seeking an edge in the market. Whether it's deposit bonuses, cashback rewards, or any other offers, this section unveils a spectrum of opportunities to amplify trading strategies. Stay informed and take advantage of these promotions to potentially elevate your forex trading journey.
Unlock your potential for doubled profits with 100% Deposit Bonu – simply fund your account, activate the bonus, and trade with twice the initial deposit.
Setup a free VPS to protect yourself from power shortages and connection problems that can be critical for your trades. Make your trading fast, stable, and secure.
Loyalty program is an exclusive club where your devotion to FBS counts for real gifts – from company merch to hi-tech gadgets! Just trade to earn points and get prizes.
FBS Trading Accounts
FBS offers three different types of trading accounts to suit the needs of different traders. These accounts vary in terms of their minimum deposit requirements, trading conditions, and features. Below is a brief overview of each account type:
- Cent Account - This account is designed for beginners who want to start trading with a small deposit. The minimum deposit requirement is $1, and traders can trade in micro-lots (0.01 of a standard lot). Spreads start from 0.7 pips, and there is no commission charged.
- Standard Account - This account is suited for more experienced traders who want to trade with larger volumes. The minimum deposit requirement is $1, and traders can trade in standard lots. Spreads start from 0.7 pips, and there is no commission charged.
- Pro Account - This account is suited for advanced traders who want to trade in a true ECN environment. The minimum deposit requirement is $200, and traders can trade in standard lots. Spreads start from 0.5 pips, and there is no commission charged as well.
Each account type comes with its own specific features and trading conditions. Traders can choose the account that best suits their needs and preferences, and can switch between account types at any time.
Below is a table with the full specification of FBS trading accounts.
FBS Introducing Swap-Free Accounts: The Ideal Trading Solution for Long-Term Strategies
Why Choose Swap-Free Accounts?
Swap-free accounts are an optimal choice for traders who aim for long-term strategies without the hassle of additional fees. With these specialized accounts, traders don't have to worry about swap fees, as they are consistently set to zero. This feature allows for a more straightforward trading approach that doesn't penalize you for keeping positions open overnight.
Understanding SWAP in Forex Trading
In the world of Forex trading, SWAP is the overnight fee charged for holding a trading position. The fee is derived from the central bank interest rates of the countries whose currencies are being traded. If you're trading currency pairs, it's essential to understand that swap fees can either work for you or against you, depending on your trading strategy and the prevailing interest rates.
Defining Swap-Free Accounts
Swap-free accounts differ from standard trading accounts in one crucial aspect: they do not accrue daily swap fees, whether positive or negative. In other words, traders neither gain extra income nor incur losses due to these overnight charges, making swap-free accounts especially beneficial for those with long-term trading plans.
How Does It Work?
Let's illustrate this with an example. Suppose you're trading the EUR-USD currency pair. When you buy EUR, you essentially borrow USD. If the American Central Bank has an interest rate of 1.5% and the European Central Bank's deposit rate stands at 0.5%, you'll face a swap fee based on these rates. Each time you keep your position open through midnight, you would have to pay a 1.5% interest rate on your borrowed amount from the American Central Bank while receiving a 0.5% interest on your deposit in the European Central Bank. Swap-free accounts eliminate these complications, making your trading experience more comfortable and enjoyable.
Availability Across Trading Instruments
One of the key benefits of swap-free accounts is their applicability to all trading instruments. However, traders should note that a weekly commission is applicable to long-term positions involving Forex Exotic instruments. This commission is first levied at least seven days after the initial rollover and then charged every subsequent weekend until the position is closed. The commission rate is determined by multiplying the swap value (either long or short, based on the trade direction) by seven.
By choosing swap-free accounts, you're opting for a more streamlined, cost-effective trading experience that accommodates long-term trading strategies. Activate your swap-free account today and trade without the burden of extra charges.
Awards and Recognitions
Since its inception in 2009, FBS has garnered an impressive collection of more than 70 prestigious international awards. These accolades stand as a shining testament to the company's unwavering commitment to excellence within the global marketplace. Here are just a few notable examples from their extensive collection:
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Deposit & Withdrawal Options
FBS, as a renowned forex broker, provides a variety of deposit and withdrawal options to cater to the diverse needs of its global client base. This includes a range of payment methods such as bank wire transfers, credit/debit cards, and numerous e-wallets. The processing times for these transactions typically depend on the chosen method, and while deposits are often instant, withdrawals might take some time.