FBS Forex Review Malaysia 2020
FBS Forex Malaysia Review 2020 – FBS started its service in 2009. It is an online Forex and CFD trading platform registered in Belize as a global financial trading company. FBS Broker complies with IFSC license with License Number – IFSC/60/230/TS/19; Address: No.1 Orchid Garden Street, Belmopan, Belize, C.A. FBS recently completed 11 years of unparalleled service in the financial market. This flourishing brokerage firm promoted investments in assets and derivatives globally in the international markets. FBS trading platform gives traders a vast range of assets for trading beyond Forex currency pairs, which include indices, commodities, and individual stocks bound as CFDs over both major and minor financial markets.
Accounts Types – FBS offers different account types that fit every type of Forex traders in Malaysia
There are five different account types to pick from with FBS. In addition to these account types, you can also choose to use the COPYTARDE feature of FBS. There is a provision to activate the Swap-Free feature of traders belonging to the Islamic faith. Explore more about FBS in this FBS Forex Review Malaysia article.
- Min $1 deposit
- Spread from 1 pip
- Leverage 1:1000
- Min $5 deposit
- Fixed Spread from 3 pip
- Leverage 1:2000
- Min $100 deposit
- Spread from 0.5 pip
- Leverage 1:3000
- Min $1000 deposit
- FloatingSpread from 1 pip
- Leverage 1:500
- Min $500 deposit
- Fixed Spread 0 pip
- Leverage 1:3000
ACCOUNT TYPES – FBS FOREX
- Standard Account – can be opened with a deposit of $100, and it offers spread starting from 0.5 pips.
- Cent Account – with a deposit of just $1, and it has a forex spread starting with 1 pip. The minimum trading lot size is 0.01 lots.
- Micro Account – that needs a minimum deposit of $5, and it has a fixed spread from 3 pips, the minimum trade size is 0.01 lots.
- Zero Spread account – with a $500 minimum deposit, you get the Zero Spread account. These accounts have 0 pips spread. The minimum order size is 0.01 lots.
- ECN account – requires a minimum deposit of $1,000 and adds all the available services in addition to the capacity for personal trading requirements and ECN features.
- Islamic Account – The traders belonging to Islamic faith can avail of a swap-free Forex trading account. Open any type of Account shown above and activate the Swap Free feature. Now, your Account is an Islamic Forex trading account, which is swap-free and complies with the Islamic Financial practices.
Bonus Deposit and Promotions
All accounts come with various types of Bonus deposits. There are always several attractive promotions going on with FBS, you participate in those raffle draws and bonus deposit schemes.
FBS’s exclusive TRADE100 Bonus and 100% Deposit Bonus are the most popular offers among traders. The traders get access to all trading instruments, unrestricted access to the company’s educational library, and a daily market analysis email at the beginning of every trading day.
The traders can trade all major Forex pairs, as well as gold and silver. The FBS trading platform offers Forex pairs, Commodities, Stocks, and Indices CFD trading. FBS offers a demo account, as is typical with almost all spot Forex providers. Islamic accounts are the specialty of FBS; they understand the Islamic Forex trading account better than any other brokers. Find out more Forex brokers in Malaysia.
FBS Forex Review Malaysia – Features of FBS Forex
FBS also supports educational content about Forex trading, which can be helpful to customers, especially for amateurs or less experienced traders concerned about their capacity to operate the market successfully.
MT4 and MT5 Platform – FBS clients can use MT4 and MT5 platforms, which are the most advanced trading platform in the industry. The traders have access to the mobile version of the platforms too. The Mobile platforms are available for both Android and iOS mobiles and give the traders access to the market on the go.
FBS’s educational offering is focused on an education section included within its website. The section several trading guides and a Forex glossary, free webinars, and a comprehensive video library. Excellent training materials available for beginners, intermediates, and experienced traders.
Bonuses and Promotions
The traders can avail of a 100% first-time deposit and start their trading with double the amount of deposit.
Depositing funds is simple and safe. It can be done in two currency values: USD and EUR. You can fund your Account using a variety of ways, including credit cards, bank wire transfer, and an extensive range of E-Wallets. Withdrawals can be made through the same means, except withdrawals higher than deposited amounts are instead processed by wire transfer.
FBS accepts VISA, Master Card, BitWallet, Neteller, STICPAY, SKRILL, Perfect Money, and Local Exchanges for depositing funds. You can always contact their support support team if you need assistance for depositing funds.
FBS Broker Review Malaysia
Platforms : Meta Trader 4 (MT4) and Meta Trader 5 (MT5)
Meta Trader 4 and Meta Trader 5 are the self-reliant trading platform produced for trading Forex, commodities, and other products and is one of the most advanced and simple platforms to use. It continues the gold standard of trading platforms.
In addition to the extensive variety of markets available to trade, the MT4 and MT5 platforms gives traders with a multilingual interface, immediate execution, built-in help guides for MT4 and MetaQuotes Language 4, a full technical study package including a full range of built-in signs and charting tools, several custom indicators, and more.
Automated trading is also introduced through the MT4 and MT5 platform, where traders can build and test their automated trading tactics by using the Meta Editor, Strategy Tester, and Compiler tools within the platform.
With this trading system, they can build Expert Advisors, software programs allowing traders to control the markets steadily. Custom Indicators help traders to foretell future price movements by examining past and current price data. And the Scripts feature lets traders set up automatic renewal of particular actions such as closing all positions with a single keystroke.
The Web Trader platform gives access to a modern, fully personalized trading set, without the need to connect any software on your P.C. Web Trader ensures safe access to your Account by utilizing state of the art Web technologies. It is only the online version of the tried and experimented endlessly successful Metatrader 4 trading platform.
Forex Copy Trading with FBS
FBS has an outstanding collection of expert traders who offer their trades for Copy Trading. The top 5 rankings have hundreds of followers and have consistently profitable results.
As an FBS client, you can copy the best traders and earn like a professional trader. You can also learn trading from the best traders by following their trades while earning from these trades. FBS has a dedicated COPYTRADE app that helps traders to follow and copy best traders. If you are looking for Forex Copy Trading in Malaysia, you may not find any better collection of traders than FBS has in offer.
Crypto trading with FBS
Most Forex and CFD brokers don’t allow trading in cryptocurrencies, but FBS is an exemption. They don’t just offer Bitcoin or Ethereum, but users have access to Ripple, Litecoin, and Bitcoin Cash, as well. All of which are matched versus the U.S. Dollar, as it was common in the cryptocurrency market. Therefore, with FBS, you have the option to trade either of the top 5 cryptocurrencies by market capitalization.
Mini-contracts are allowed in Bitcoin, Ethereum, and Bitcoin Cash. This means it is likely to trade position sizes as small as one micro-lot in any of the five cryptocurrency pairs on the proposal. This is another impressive highlight of FBS’s cryptocurrency offering, as many other brokers require far higher trade minimums.
As cryptocurrencies are considerably unpredictable, FBS requires a few limitations on cryptocurrency trading, which are intended to defend both the broker and the trader.
Customer assistance is available through Live Chat and Callback. Clients can reach an FBS agent by telephone or request a call back during business hours and can use online chat or email at any time of the day.
FBS appears to have an attractive offering for traders wishing to trade a mix of major and minor Forex pairs, as well as the most famous global individual shares, commodities, indices, and futures. Retail and higher net value traders based in the Middle East and Asia are likely to find this provider exceptionally charming.