FBS is a well-established forex and CFD broker recognized for its flexible account types and region-specific promotions. For traders in the Philippines, it offers a convenient gateway to global markets with user-friendly tools, competitive leverage, and accessible funding methods.
The broker caters to both beginners and active traders by providing cent, standard, and ECN-style accounts, each designed to match different levels of experience and trading capital.
Key Strengths
Cent Accounts for Real-World Testing
FBS allows traders to start small through cent accounts, where each pip value is much lower than in a standard account. This setup lets users test live execution and real spreads without taking large financial risks.
Transparent Leverage Structure
The broker applies a leverage ladder system, meaning maximum leverage depends on account balance. This approach helps control exposure while still allowing flexibility for smaller traders to manage higher position sizes.
Copy Trading Options
FBS supports copy features under specific branded programs. These tools allow users to mirror trades from experienced investors, helping beginners learn market behavior while staying in control of their capital.
Points to Review Before Trading
- Promotional Terms and Turnover Rules: FBS is known for its regional promotions, including deposit bonuses and loyalty rewards. However, every offer includes turnover requirements that must be met before withdrawal. Traders in the Philippines should review these conditions carefully.
- Spread and Swap Widening: During rollover periods or low-liquidity sessions, spreads and swaps may expand temporarily. Monitoring open positions around these times helps avoid unexpected costs.
- Processor and Transfer Fees: Depending on the payment method, external transaction fees may apply on both deposits and withdrawals. Choosing local processors can reduce these charges.
Account Types
FBS offers several account models suitable for Filipino traders:
- Cent Account – Ideal for beginners and strategy testing.
- Standard Account – Balanced conditions for most traders.
- ECN Account – Direct market access with raw spreads and commission per lot.
Each account type includes variable spreads, leverage options up to 1:3000 (depending on region), and negative balance protection to safeguard traders from excessive loss.
Trading Platforms and Tools
FBS supports both MetaTrader 4 and MetaTrader 5, offering advanced charting, algorithmic trading, and mobile compatibility.
Other available features include:
- Economic Calendar for upcoming events.
- Market Analytics for daily insights.
- Risk Calculator to plan position sizes accurately.
These tools help traders manage entries, exits, and exposure efficiently.
Education and Community
The broker invests heavily in trader education. Filipino users can access webinars, e-learning courses, and market updates in English.
In addition, FBS maintains active online communities and social media channels that share trading ideas and strategy discussions relevant to local traders.
Funding and Withdrawals
Deposits and withdrawals can be made using credit/debit cards, e-wallets, or local payment partners. Processing times are short, though third-party processors may charge small service fees. Account verification through government-issued ID is required before any fund withdrawal.
