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FBS Nigeria can be summarized as a credible broker with very low spreads and commissions. FBS is considered low-risk with a brag-worthy volume per month traded on their platform.
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.
Overall, FBS can be summarized as a credible broker with very low spreads and commissions. FBS is considered low-risk with a brag-worthy volume per month traded on their platform. FBS offers 24/5 efficient online support which gives them a score of 99 out of 100.
Broker’s Name
FBS
Overall Rating
4.9/5
Headquartered
Cyprus
Accounts
Cent account; Micro account; Standard account; Zero Spread account; ECN account; Crypto account
Bonus
Open any one of the Level Up accounts and receive $140
Year Founded
2009
Regulators
IFCS, CySEC, ASIC, FSCA
Countries not accepted for trade
Japan, USA, Canada, UK, Myanmar, Brazil, Malaysia, Israel and the Islamic Republic of Iran
Islamic account (swap-free)
Yes
Deposit Bonus
100% Deposit Bonus, $140 Sign Up Bonus
Demo Account
Yes
Account Activation Time
Instant
Maximum Leverage
1:3000
Minimum Deposit
$1
PAMM Accounts
None
Deposit Options
Withdrawal Options
Platform Types
MT4, MT5
OS Compatibility
Android, Apple iOS, Web, Windows, macOS, Multiterminal
Tradable assets offered
Forex, commodities, bonds, shares, indices, stocks, CFDs, metals, energies
Languages supported on Website
Deutsch, English, Español, Français, Italian, Portuguese
Customer Service Hours
24/7
Good for Beginners
Good for Experts
Copy Trading
Bonuses
Regulations and Safety
Low Spread
Low Commissions
Negative Balance
Protection
$10 Minimum
Deposit
Unlimited
Leverage
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. It is important that you do not trade any money that you can’t afford to lose because regardless of how much research you have done, or how confident you are in your trade, there will always be a risk of loss.
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