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FBS Review

FBS is considered average-risk, with an overall Trust Score of 75% out of 100. The fees with FBS are competitive, however, FBS is not regulated by the Capital Markets Authority but FBS is still an ideal option for traders despite their trading experience

Updated : September 28, 2022

Jump to:

Regulation and Safety of Funds

Account Types and Features

Account Registration

Range of Markets

Fees

Deposits and Withdrawals

Education and Research

Affiliate Program

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

USD 1 / 116 KES

Regulators

IFSC, FSCA (South africa), ASIC, CySEC

Trading Desk

MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading platform.

Crypto

Yes

Total Pairs

Islamic Account

No

Trading Fees

Low

$140 (16 373 KESFind out More)

Account Activation Time

24 Hours

FBS Overview

FBS Review Overview 👉 Overall, FBS is one of the best forex and CFD brokers for Kenyans. They offer a great choice between trading accounts and feature an innovative and powerful proprietary trading app. The fees with FBS are low, competitive, and traders can rest assured that their client funds are secure.   👉 FBS has been in business since 2009 as an international CFD broker. FBS has built a reputation over the last 12 years as a trustworthy and safe broker. As an online forex broker that has swiftly acquired popularity and is well-regarded by its clients, FBS is consistently adding 10,000 new clients every day.   👉 While FBS is not regulated by the Capital Markets Authority (CMA) in Kenya, the broker is still an ideal option for Kenyan traders despite their trading experience or styles.   👉 FBS is regulated by CySEC and IFSC in over 150 countries, giving traders trust. When it comes to processing, FBS uses a combination of Straight Through Processing and Electronic Communications Network.   👉 In addition to modest capital requirements, FBS traders get access to an extensive library of educational videos, webinars, and articles. Every sort of trader may be accommodated by FBS, which has a wide variety of account options to choose from.   👉 This FBS review will provide traders with the details that they need to consider whether the broker is suited towards their unique trading objectives and needs.  

Distribution of Traders

FBS Review Distribution of Traders 👉 The distribution of traders with FBS is as follows: ➡️️​ Malaysia – 9.3% ➡️️​ Philippines – 9.1% ➡️️​ India – 9% ➡️️​ Kenya – 6.6% ➡️️​ South Africa – 4.6%  

Popularity among traders who choose FBS

🥇 While FBS does not have a significant market share in Kenya specifically, the broker is popular in Africa, and it falls within the Top 20 brokers for Kenyan, South Africa, and Kenyan traders.

FBS At a Glance

🏛 HeadquarteredBelize
🏙 Kenyan Based OfficeNo
✅ Accepts Kenyan Traders?Yes
🗓 Year Founded2009
📞 Kenyan Office Contact NumberNone
🤳 Social Media Platforms• Facebook
• Twitter
• Telegram
• Instagram
• YouTube
⚖️ RegulationIFSC, CySEC, ASIC, FSCA

🪪 License Number• Belize – 000102/198
• Cyprus (Tradestone) – 331/17
⚖️ CMA RegulationNone
🚫 Regional RestrictionsJapan, United States, Canada, United Kingdom, Myanmar, Brazil, Malaysia, Israel, the Islamic Republic of Iran
☪️ Islamic AccountYes
💻 Demo AccountYes
🛍 Retail Investor Accounts6
📊 PAMM AccountsNo
🤝 Liquidity ProvidersCurrenex
💸 Affiliate ProgramYes
📲 Order ExecutionMarket
📊 Average spread0.0 pips
📞 Margin Call40%
🛑 Stop-Out20%
Crypto trading offered?Yes
💰 Offers a Kenyan shilling Account?No
👨‍💻 Dedicated Kenyan Account Manager?No
📊 Maximum Leverage1:3000
🚫 Leverage Restrictions for Kenya?No
💰 Minimum Deposit (KES)100 Kenyan shilling equivalent to $1
✅ Kenyan shilling Deposits Allowed?Yes
📊 Active Kenyan Trader Stats70,000+
👥 Active Kenyan-based FBS customersUnknown
💳 Kenya Daily Forex Turnover$100 million+
💵 Deposit and Withdrawal Options• Credit Card
• Debit Card
• Neteller
• Sticpay
• Skrill
• Perfect Money
• Local Exchanges
🏦 Segregated Accounts with Kenyan Banks?No
📊 Trading Platforms• FBS Trader
• MetaTrader 4
• MetaTrader 5
✔️ Tradable Assets• Forex
• Precious Metals
• Indices
• Energies
• Stocks
• Exotic Forex
• Cryptocurrencie
💸 Offers USD/KES currency pair?No
📈 USD/KES Average SpreadN/A
📉 Offers Kenyan Stocks and CFDsNo
🗣 Languages supported on WebsiteEnglish, German, Spanish, French, Italian, Portuguese, Indonesian, Malay, Vietnamese, Turkish, Korean, and others
📞 Customer Support LanguagesMultilingual
⏰ Customer Service Hours24/7
👥 Kenyan-based customer support?No
✅ Bonuses and Promotions for KenyansYes
📚 Education for Kenyan beginnersYes
📱 Proprietary trading softwareYes
💰 Most Successful Kenyan TraderPatrick Mahinge (Net Worth – Private)
✅ Is FBS a safe broker for Kenyans?Yes
📊 Rating for FBS Kenya9/10
🤝 Trust score for FBS Kenya75%
👉 Open an account👉 Open Account

Regulation and Safety of Funds

FBS Review Regulation And Safety

👉 The International Financial Services Commission (IFSC) in the area has licensed FBS under license number 000102/198, making it a reliable international broker.

👉 Cyprus-based Tradestone Ltd is FBS’ European subsidiary and the Cyprus Securities and Exchange Commission (CySEC) has licensed Tradestone Ltd under license number 331/17.

👉 The Investors Compensation Fund provides insurance to European consumers (ICF). The ICF can compensate traders up to €20,000 if the broker goes bankrupt for whatever reason.

👉 The FBS Know Your Client procedure is mandatory for all traders who open an account with the company. Trading accounts must be verified by traders submitting a confirmation of their identity and residency. All deposits and withdrawals from/to unknown accounts must comply with FBS’ Anti-Money Laundering standards, which traders should notice.

👉 If a Kenyan trader loses a considerable amount of money, they are protected from losing their whole account balance by applying negative balance protection to their retail investor account. Trader leverage is commonly used when the market goes against them, resulting in larger position size and more risk.

👉 To ensure the safety of its clients’ money, FBS uses only top-tier banks. This prevents FBS from using customer monies to run its business or meet its financial commitments.

Account Types and Features

FBS Review Account Types And Features

👉 Six retail investor accounts can be utilized to link Kenyan traders to various financial markets, such as the Forex market, via FBS. Traders of all skill levels can easily benefit from FBS’ wide range of trading options, which include both newcomers and seasoned pros.

➡️ FBS Cent Account

➡️ FBS Micro Account

➡️ FBS Standard Account

➡️ FBS Zero Account

➡️ FBS ECN Account

➡️ FBS Crypto Account

Live Trading Accounts

FBS Cent Account

FBS Review Cent Account

👉 As the name suggests, the FBS Cent Account’s primary feature is the use of cents for both the account’s balance and all transactions. Inexperienced traders will find the Cent Account an excellent choice because of its low-risk trading environment.

👉 Traders with more experience might use this account as a proving ground for their trading methods. The Cent Account has a cheaper initial deposit and allows for smaller positions.

Account FeatureValue
💰 Minimum Deposit100 Kenyan shilling or an equivalent to $1
📊 Average spreadFloating, from 1 pip
💵 CommissionNone
📈 LeverageUp to 1:1000
📊 Maximum opening positions200
💰 Order volumeBetween 0.01 to 1,000 cent lots
💸 Market ExecutionFrom 0.3 seconds, STP
📱 Trading PlatformMetaTrader 4, MetaTrader 5, FBS Trader
💻 Tradable InstrumentsForex, precious metals, indices, energies, forex exotics, stocks
☪️ Swap-Free Islamic OptionYes

FBS Micro Account

FBS Review Micro Account

👉 The Trader’s Calculator is a strong trading tool that helps novice and professional traders precisely calculate their winnings. Bonuses like the 100% deposit bonus, level-up bonus, and cashback are available on the Micro Account.

Account FeatureValue
💰 Minimum Deposit500 Kenyan shilling or an equivalent to $5
📊 Average spreadFixed, from 3 pips
💵 CommissionNone
📈 LeverageUp to 1:3000
📊 Maximum opening positions200
💰 Order volumeBetween 0.01 to 500 lots
💸 Market ExecutionFrom 0.3 seconds, STP
📱 Trading PlatformMetaTrader 4, FBS Trader
💻 Tradable InstrumentsForex and precious metals
☪️ Swap-Free Islamic OptionYes

FBS Standard Account

FBS Review Standard Account

👉 Traders who prefer a more traditional approach to forex trading will find everything they need in this account type. Competition in spreads and commission-free trading are the hallmarks of the Standard account.

Account FeatureValue
💰 Minimum Deposit11,400 Kenyan shilling or an equivalent to $100
📊 Average spreadFloating, from 0.5 pip
💵 CommissionNone
📈 LeverageUp to 1:3000
📊 Maximum opening positions200
💰 Order volumeBetween 0.01 to 500 lots
💸 Market ExecutionFrom 0.3 seconds, STP
📱 Trading PlatformMetaTrader 4, MetaTrader 5, FBS Trader
💻 Tradable InstrumentsForex, precious metals, indices, energies, forex exotics, stocks
☪️ Swap-Free Islamic OptionYes

FBS Zero Account

FBS Review Zero Account

👉 With this account type, a 0-pip spread is the most notable characteristic. Increased profit margins and more accurate profit calculations may be achieved by using this method. While there is no spread with this account type, there will be commissions.

Account FeatureValue
💰 Minimum Deposit57,000 KES or an equivalent to $500
📊 Average spreadFixed, 0 pips
💵 CommissionFrom $20 per lot
📈 LeverageUp to 1:3000
📊 Maximum opening positions200
💰 Order volumeBetween 0.01 to 500 lots
💸 Market ExecutionFrom 0.3 seconds, STP
📱 Trading PlatformMetaTrader 4, FBS Trader
💻 Tradable InstrumentsForex, precious metals, Forex Exotics
☪️ Swap-Free Islamic OptionYes

FBS ECN Account

FBS Review ECN Account

👉 Professional traders looking for the finest terms might consider opening an Electronic Communications Network (ECN) Account. For both buyers and sellers, this account type eliminates any intermediaries, making trades fast and transparent.

Account FeatureValue
💰 Minimum Deposit57,000 KES equivalent to $500
📊 Average spreadFloating from -1 pip
💵 Commission$6
📈 LeverageUp to 1:500
📊 Maximum opening positionsNone
💰 Order volumeBetween 0.01 to 500 lots
💸 Market ExecutionECN
📱 Trading PlatformMetaTrader 4, FBS Trader
💻 Tradable Instruments25 forex currency pairs
☪️ Swap-Free Islamic OptionNo

FBS Crypto Account

FBS Review Crypto Account

👉 Crypto traders will find this account to be appropriate for their needs. With the FBS Crypto Account, Kenyans can trade a range of crypto coins, crypto to fiat, crypto to crypto as well as crypto to precious metals.

Account FeatureValue
💰 Minimum Deposit100 Kenyan shilling or an equivalent to $1
📊 Average spreadFloating from 1 pip
💵 Commission0.05% for opening and 0.05% for closing positions
📈 Leverage1:5
📊 Maximum opening positions200
💰 Order volumeBetween 0.01 to 500 lots
💸 Market ExecutionFrom 0.3 seconds, STP
📱 Trading PlatformMetaTrader 5
💻 Tradable InstrumentsCryptocurrencies
☪️ Swap-Free Islamic OptionNo

Demo Account

FBS Review Demo Account

👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. 

👉 There is a certain degree of risk involved when trading financial markets and FBS offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.

Islamic Account

FBS Review Islamic Account

👉 Depending on the forex trader’s trading style and trading plan, they may hold their trading positions open for more than 24 hours throughout a trading day.

👉 This might result in the trader incurring an overnight or rollover cost. This is a banned sort of interest under Sharia law’s Riba rules, which implies that Muslim merchants are often excluded from currency trading.

👉 FBS provides Muslim traders with a swap-free Islamic account on the following account types:

➡️ FBS Cent Account

➡️ FBS Micro Account

➡️ FBS Standard Account

➡️ FBS Zero Account

Account Registration

FBS Review Account Registration

👉 To create an account, traders can click on the “Open Account” link on the official website, which will take them to the personal section after they have registered.

👉 Following the completion of the account application, traders must pass a profile verification process that requires them to produce evidence of identification and address. Once traders’ accounts have been validated, they can choose their preferred trading platform and begin trading.

FBS Vs FXTM Vs Trade Nation – Broker Comparison

FBSFXTMTrade Nation
⚖️ RegulationIFSC, CySECCySEC, FSCA, FCA, FSC MauritiusFCA, ASIC, FSCA, SCB
📱 Trading Platform• MetaTrader 4
• MetaTrader 5
• FBS Trader
• CopyTrade
• MetaTrader 4
• MetaTrader 5
FXTM Trader
• MetaTrader 4
Trade Nation
💰 Withdrawal FeeYes,YesNo
📊 Demo AccountYesYesYes
📈 Minimum Deposit100 KES2,200 KES0 KES
📈 LeverageUp to 1:30001:2000• 1:30
• 1:200
📊 SpreadFrom 0.0 pips

0.0 pipsFixed, from 0.4 pips
💰 CommissionsFrom $6From $0.4None
✴️ Margin Call/Stop-Out40%/ 20%• 60%/40%
• 80%/50%
50%
✴️ Order ExecutionMarketInstantMarket, Market
💳 No-Deposit BonusYesNoNo
📊 Cent AccountsYesNoNo
📈 Account Types• FBS Cent Account
• FBS Micro Account
• FBS Standard Account
• FBS Zero Account
• FBS ECN Account
• FBS Crypto Account
• Micro Account
• Advantage Account
• Advantage Plus Account
High leverage
• Low Leverage
⚖️ CMA RegulationNoNoNo
💳 KES DepositsYesYesNo
📊 Kenyan shilling AccountNoYesNo
👥 Customer Service Hours24/724/524/5
📊 Retail Investor Accounts632
☪️ Islamic AccountYesYesNo

Trading Platforms

FBS Review Trading Platforms

 

Desktop Platforms

FBS Review Desktop Platforms

➡️ MetaTrader 4

➡️ MetaTrader 5

👉 FBS customers have access to both MetaTrader 4 and 5 platforms. MetaTrader 4 and 5 are very flexible and user-friendly trading platforms.

👉 Trades can be informed by a variety of technical indicators on both platforms. Additional features include one-click trading, live news, and complete data back-up on the platform.

WebTrader Platforms

FBS Review WebTrader Platforms

➡️ MetaTrader 4

➡️ MetaTrader 5

👉 Both platforms are similar in appearance and feature set. The main difference between the MT4 and the MT5 is that the MT5 has additional features and has further increased the functionality of the MT4. Desktop programs for both platforms are available for Windows and Mac computers.

👉 Alternatively, Kenyan traders can use their internet browser to access the FBS WebTrader version from the broker’s website with no need to download or install it.

Trading App

FBS Review Trading Platforms

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ FBS Trader

 

👉 In addition to the desktop and WebTrader apps, Kenyan traders can use MetaTrader 4 and 5 on iOS and Android devices. The mobile app offers Kenyan traders flexibility while still delivering sophisticated and user-friendly solutions and services.

👉 FBS has developed an Android app that allows Kenyan traders to access their own FBS area. Demo and actual accounts can be created and managed simultaneously with this software. Personal information, trading accounts, and account history are all accessible via the app.

👉 The app can also be used to verify a user’s account and in addition, the app also provides access to customer service.

Range of Markets

FBS Review Range of Markets

👉 The range of markets that Kenyan traders can expect with FBS include:

➡️ Forex

➡️ Precious Metals

➡️ Indices

➡️ Energies

➡️ Stocks

➡️ Exotic Forex

➡️ Cryptocurrencies

Broker Comparison for Range of Markets

FBSFXTMTrade Nation
➡️️​ ForexYesYesYes
➡️️​ Precious MetalsYesYesYes
➡️️​ ETFsNoNoNo
➡️️​ CFDsYesYesYes
➡️️​ IndicesYesYesYes
➡️️​ StocksYesYesYes
➡️️​ CryptocurrencyYesNoNo
➡️️​ OptionsNoNoNo
➡️️​ EnergiesYesYesYes
➡️️​ BondsNoNoNo

Trading and Non-Trading Fees

Spreads

FBS Review Spreads

👉 Based on the financial instrument traded, the account type used, and the market circumstances, FBS traders should anticipate a wide range of spreads (in the case of variable spreads). FBS offers traders the following spreads, all of which are below the industry average:

➡️ FBS Cent Account – Variable, from 1 pip

➡️ FBS Micro Account – Fixed, from 3 pips

➡️ FBS Standard Account – Variable, from 0.5 pips

➡️ FBS Zero Account – Fixed, 0 pips

➡️ FBS ECN Account – Floating, -1 pips

➡️ FBS Crypto Account – Floating, from 1 pip

 

Commissions

FBS Review Commissions

👉 Commissions are charged on the following retail investor accounts:

➡️ FBS Zero Account – from $20 per lot

➡️ FBS ECN Account – $6

➡️ FBS Crypto Account – 0.05% for opening as well as 0.05% for closing positions

 

Overnight Fees, Rollovers, or Swaps

FBS Review Overnight Fees

👉 Based on the financial instrument traded, the account type used, and the market circumstances, FBS traders should anticipate a wide range of spreads (in the case of variable spreads). FBS offers traders the following spreads, all of which are below the industry average:

➡️ EUR/USD – a long swap of -6.37 and a short swap of -0.69

➡️ XAG/USD – a long swap of -1.77 and a short swap of -1.24

➡️ XAU/USD – a long swap of -2.12 and a short swap of -1.35

➡️ US100 – a long swap of -85.91 and a short swap of -117.2

➡️ XBR/USD – a long swap of -7.74 and a short swap of -6.28

➡️ AAPL – a long swap of -2.58 and a short swap of -2.42

 

Deposit and Withdrawal Fees

FBS Review Deposits And Withdrawals

👉 At a rate of 2.5% + $0.3 commission, FBS levies deposits on Sticpay payments. These payment methods levy withdrawal fees:

➡️ Credit Card – $1 commission

➡️ Debit Card – $1 commission

➡️ Neteller – 2% with a minimum of $1 and a maximum of $30

➡️ Sticpay – 2.5% + $0.3 commission

➡️ Skrill – 1% + $0.32 commission

➡️ Perfect Money – 0.50% commission

Deposits and Withdrawals

FBS Review Deposits And Withdrawals

👉 FBS offers the following deposit and withdrawal methods:

➡️ Credit Card

➡️ Debit Card

➡️ Neteller

➡️ Sticpay

➡️ Skrill

➡️ Perfect Money

➡️ Local Exchanges

 

How to Deposit Funds with FBS

FBS Review How To Deposit Funds

 

👉 To deposit funds, Kenyan traders can follow these steps:

➡️ Traders can select “Deposit” from the Finances tab in the Personal Area.

➡️ Select a payment method, online or offline, and click on “Deposit”

➡️ Select the trading account and enter the deposit amount.

➡️ Confirm the deposit details on the following page.

 

How to Withdraw Funds with FBS

FBS Review How To Withdraw Funds

 

👉 Traders can use their FBS personal section on the official website or trading platform to request a withdrawal of their cash, using the following steps to complete the withdrawal:

➡️ The “Withdrawal” option is found in the Finances section.

➡️ Choose the preferred withdrawal method.

➡️ To withdraw money, choose a trading account from which the cash will be taken.

➡️ Traders must ensure that their withdrawal request is complete.

➡️ Determine how much money must be withdrawn and indicated it in the required field.

➡️ Confirm and submit the withdrawal request.

 

👉 Before requesting a withdrawal, traders need to ensure that their account is validated. Requests are handled in the order in which they are received by FBS. FBS staff will release monies after withdrawal requests have been accepted by the company’s management.

 

👉 Bank wire takes the longest, up to 10 days, while other payment methods are quick or take up to 4 days, which is something traders must consider.

FBS Education and Research

FBS Review Education And Research

👉 FBS offers the following Educational Materials:

➡️ Forex Guidebook

➡️ Tips for Traders

➡️ Webinars

➡️ Educational Video Lessons

➡️ Seminars

➡️ Glossary

➡️ FAQ

 

👉 FBS offers Kenyan traders the following Research and Trading Tools:

➡️ Forex News Feed

➡️ Daily Market Analysis

➡️ Forex TV

➡️ VIP Analytics

➡️ Economic Calendar

➡️ Forex Calculators

➡️ Currency Converter

Bonuses and Promotions

FBS Review Bonuses And Promotions

👉 FBS offers Kenyan traders the following bonuses and promotions:

➡️ FBS Traders Parties

➡️ Get a Car from FBS

➡️ Level-up Bonus

➡️ 100% Deposit Bonus

➡️ Cashback

➡️ Cashback

➡️ Quick Start Bonus

➡️ Referral Program

➡️ Risk-free investments

➡️ Loyalty Program

➡️ Trade to Help

➡️ FBS Winning Season

➡️ FBS Leaders’ Summit

➡️ FBS League

➡️ FBS Gift Season

FBS Social Responsibility

FBS Review Social Responsibility

👉 For FBS, the most important thing is that the individuals who use their trading services can benefit from the prospects for financial independence that the firm provides. In addition, FBS, together with philanthropic traders, tries to aid those in need across the globe.

 

👉 A monthly social media contest called Wishes Come True allows individuals to share their most treasured dreams with FBS, and the broker will make them come true for them.

 

👉 Every year the contest is held, the FBS team could observe how many people’s lives are changed by the random acts of kindness that are a part of it.

 

👉 A charity trade promotion is held each year and FBS works with local and international organizations. When a trader deposits money, it is multiplied by 300%, and any commissions earned by that trader are given to charity.

 

👉 This shows a team effort to improve the world for the better. Many individuals have benefited from the advertising campaign, which has gone by various titles.

FBS Affiliate Program

FBS Review Affiliate Program

👉 FBS has a wide-ranging collaboration program that may help partners earn more money. Commissions for EUR/USD trades are $15 per lot, and FBS assures regular commission pay-outs.

 

👉 In addition, affiliates that join the program will have access to a dedicated affiliate manager and 24/7 customer support. In addition, the FBS Partnership Program offers the following features and benefits:

➡️ It allows partners to grow their companies and accumulate riches over the long term.

➡️ It enables partners to make money without taking any risk.

➡️ In addition, partners may earn fees of up to $80 for every lot exchanged by the customer of the partner.

➡️ The more active a partner is in obtaining new customers, the more money they may make.

➡️ There is a wide range of promotional materials offered.

➡️ Promo materials that may be used offline can be sent to partners as part of a partnership agreement.

Verdict on FBS

👉 Traders who want to trade and invest in a wide range of assets should consider FBS. The popularity of FBS as a trading platform for CFDs, stocks, and FX is well-founded.

 

👉 For those who prefer the familiarity of MT4 or MT5, FBS delivers a safe trading environment that is accompanied by a complete instructional library kit that includes videos, webinars, and articles on how to best use the FBS ecosystem and invest in general.

 

👉 Kenyan traders can easily take advantage of FBS’ high leverage and margins by using the mobile app to trade on the move. High-quality training information and a wide range of trading options are what set FBS apart from its competitors in the forex sector.

 

👉 A few tweaks, such as the addition of more trading instruments and the elimination of geo-blocking limitations, are required. To sum it up, the FBS brokerage firm is a great place to start trading for both new and experienced investors.

FBS Popularity Trend

👉 According to Google Trends, FBS has had an increase in search on Google in Kenya in the past month. 

FBS Review Google Trend

FBS Pros and Cons

✔️ Pros❌ Cons
FBS is well-regulated and ensures client fund safetyThe spreads are very wide on some account types
FBS charges low commissions and offers competitive spreadsThe demo account will expire after 40 days
There are several bonuses and promotions offeredThere are inactivity fees that are applied to dormant accounts
Kenyan traders are welcome and can expect some of the best trading conditionsThere are withdrawal and deposit fees charged
There is a range of markets and account types to choose fromCurrency conversion fees are applied when traders deposit in currencies other than USD and EUR
There are powerful trading platforms offered
A plethora of educational materials are offered
Customer support can be contacted 24/7

Frequently Asked Questions

Is FBS regulated and by whom?

Yes, FBS is regulated by the International Financial Services Commission (IFSC) and The Cyprus Securities and Exchange Commission (CySEC).

 

What is the minimum deposit for FBS?

The FBS minimum deposit is 100 Kenyan shilling equivalent to $1

 

Does FBS offer leverage and what is the maximum ratio offered?

Yes, FBS offers leverage up to 1:3000.

 

What is the overall rating for FBS out of 10?

The overall rating for FBS is 9/10

 

Which trading platforms are supported by FBS?

FBS supports the use of these trading platforms:

  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
8.5/10 - (2 votes)