Der beste Broker fur binare Optionen fur 2020!
Ideal fur Anfanger!
2 Platz in der Rangliste! Zuverlassiger Broker!
Binary Options Brokers and Platforms – Reviews and Comparison
We have compared the best regulated binary options brokers and platforms in April 2020 and created this top list. Every broker and platform has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The sortable broker comparison list below shows which binary trading sites came out on top based on different criteria.
You can sort the list using payout (maximum returns), minimum deposit, bonus offers or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. Below the comparison list is some advice on how to pick the best trading platform for you, as this will often come down to your personal requirements and needs.
Top Brokers in Russia
|Spectre||$10 (ETH)||Up to 200%*||» Visit|
|OptionField||$5||93%||Pro Account Discount and 10% Cashback||» Visit|
|Nadex Exchange||$250||100%||» Visit|
|RaceOption||$250||90%||100% Deposit match bonus||» Visit|
How to Compare Brokers and Platforms
In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from Russia. Here at binaryoptions.net we have provided a list with all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:
- What is the Minimum Deposit? (These range from $5 or $10 up to $250)
- Are they regulated or licensed, and with which regulator?
- Can I open a Demo Account?
- Is there a signals service, and is it free?
- Can I trade on my mobile phone and is there a mobile app?
- Is there a Bonus available for new trader accounts? What are the Terms and
- Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?
- Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices and stocks – and how many of each?
- Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of day, long term etc?)
- How much is the minimum trade size or amount?
- What types of options are available? (Touch, Ladder, Boundary, Pairs etc)
- Additional Tools – Like Early closure or Metatrader 4 (Mt4) plugin or integration
- Do they operate a Robot or offer automated trading software?
- What is the Customer Support like? Do they offer telephone, email and live chat support – and in which countries? Do they list direct contact details?
- Who has the best payouts or maximum returns? Check the markets you will trade.
We cover as many of these comparison factors as possible in our list above, but we go into much more depth within each review.
Regulated Binary Brokers
Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option.
|Binary.com||Malta GA||BO, CFD|
|IQ Option||CySEC||BO, CFD, Crypto, Forex|
|BDSwiss||CySec||BO, CFD, Crypto, Forex|
|24Option||CySEC||BO, CFD, Crypto, Forex|
|Nadex Exchange||CFTC||BO, Forex|
Leading regulatory bodies include:
- CySec – The Cyprus Securities and Exchange Commission (Cyprus and the EU)
- FCA – Financial Conduct Authority (UK)
- CFTC – Commodity Futures Trading Commission (US)
- FSB – Financial Services Board (South Africa)
- ASIC – Australia Securities and Investment Commission
There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organisation. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort.
Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner.
Der beste Broker fur binare Optionen fur 2020!
Ideal fur Anfanger!
2 Platz in der Rangliste! Zuverlassiger Broker!
Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment or risk free trade . Whatever the form of bonus, there are terms and conditions that need to be read.
It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&Cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt out’ of taking a bonus.
Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over trade’. If the bonus does not suit you, turn it down.
Binary options demo accounts are the best way to try both binary options trading, and specific brokers’ software and platforms – without needing to risk any money.
You can get demo accounts at more than one broker, try them out and only deposit real money at the one you find best. It can also be useful to have accounts at more than one broker. For example, payouts for two different assets might be best at different brokers. You can shop around, and use whichever account has the best payout for that asset.
Demo accounts offer the best way to try out a brand, risk free. Likewise if we recommend a brand, you can try it first, before risking anything.
Low Minimum Deposits
If you are looking to get involved with binary options for the first time, low minimum deposit requirements may be of interest. For traders just looking to try binary options, a low minimum deposit broker might be best. A small initial deposit keeps risks low. Minimum deposits start at just $5 and there are a growing number of brokers offering low minimum deposits – “low” would be any minimum under $50.
Likewise, all brokers will have a minimum trade requirement or trade amount too. These can vary greatly between platforms. Minimum trade figures range from $1 to $25 – which is a large difference if a trader plans to trade frequently. For some traders, this might be less of a factor in terms of finding the best broker for them, but for others it will be very important. Practice accounts are a zero risk way of learning to trade.
One element many traders use to find the best binary options trading account, is the payout percentage on offer. This is not always a simple comparison however. Payouts will change based on the underlying asset being traded, and the expiry time of the option. In addition, payouts will change as the broker manages their own risk. So if one broker was originally the best price, things may then revert and mean that another now has the top payout.
So the most an investor can do, is to check the payouts for assets, and expiry times they are most likely to make, and judge which brand offers the best terms most often. Demo accounts are good when researching payouts on specific assets and trades.
Exchange traded and over the counter brokers will have different payouts – and they will not be easy to compare. In general, exchange traded options offer superior value. Nadex are one example of an exchange.
So as you can see, finding the best trading account and broker is not always easy – but it is worth noting that you are free to move between brokers whenever you like. So even if an account turns out to be poor, it is easy to up sticks and find a new trading firm. Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade.
Which is the Best Binary Trading Platform?
Naming the best trading platform is not easy, simply because trading platforms and proprietary (bespoke) software are normally a question of personal taste. One user might like a simple layout, while others might need a lot of data on screen all the time.
However, platforms do have different levels of quality, both in terms of ease of use, and features. Broadly speaking, brands which offer Contracts for Difference (CFDs) in addition to binary options, deliver a more feature-rich trading platform or advanced software.
So the likes of Nadex and IQ, will deliver a very professional trading platform. MetaTrader integration is also normally provided at the more professional brokers (Some use both mt4 and mt5 functionality) . This difference in quality is evidence of the maturity of binary options as a product, but binary brands will catch up very quickly.
Intro To The IQ Option Platform
How do Brokers Make Money?
Binary options brokers make money via one of two business models:
- As a counter-party, ensuring an ‘over round’ via payout percentages. Known as ‘Over the counter’ (OTC)
- Via a spread or commission on an exchange traded model
People who have experience of other forms of trading, and are now approaching over-the-counter (OTC) brokers for the first time may find themselves asking the question: “Where is the commission?”.
With OTC binaries however, there is no commission. In theory, the term ‘brokers’, is not correct. Binary firms are not arranging a deal or acting as a middleman, or as a market maker; What they are, is the counter-party to each of their customers’ positions. So there is no fee or commission for the trade. Instead, each customer is essentially betting against the house. Where brokers have both sides of a trade covered, they have a handsome margin. Where they do not, the payout still gives them a level of protection. In certain circumstances, the broker will also hedge it’s own position to mitigate risk.
Those companies (Nadex, for instance) that trade binary options via an exchange operate much more like a ‘broker’. Unlike the OTC market where the platform is the counter party, with exchange traded options, the broker is the middleman – matching buyers with sellers and charging a commission. This charge is normally hidden within the spread, rather than an explicit cost. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader. Brokers can be actively compared using the spread – the tighter the spread (difference between buy and sell prices) the cheaper it is to trade.
Brokers using the spread model often also offer leverage, or trading on ‘margin’ via their software. This increases the trade size for the trader – and profit for the platform.
Should You Use Multiple Brokers?
There are some very good arguments for having more than one binary trading account:
- Brokers suit certain trades. Different brokers will suit different trading styles, or trade types. So one broker might be excellent for shorter term trade types, and have great payouts on forex pairs. But that same brand may be slightly less good when it comes to offering boundary trades or indices payouts. If a rival had a full set of long term expiries with great payouts, and lots of choice of boundary trades – it makes sense to have accounts with both platforms, and place trades with the broker that offered the best deal for each trade.
- Demo accounts. Multiple demo accounts makes perfect sense – you want to try as many brokers and trading platforms as possible before deciding where to trade.
- Reduce risk. Accounts at more than one broker protects you from any issues with a particular firm. From issues as serious as insolvency, to smaller things, like website downtime, software issues or a market being closed – multiple accounts reduces your risk of being affected by any hardship a broker might face.
- Multiple offers. Each sign up can mean a new bonus, so it might be worthwhile taking up more than one account to receive all the offers. As ever, read the terms – and also note that on occasion, larger deposits might mean larger bonuses – so splitting them may not be the best choice.
- Spread winnings. Some brokers may look for winning traders on their books, with a view to restricting their trading, perhaps limiting trade size – or worse. While this threat is thankfully small, multiple accounts means spreading the winnings out. Most brokers will search for “winners” based on total profit rather than strike rate, so hiding the volume across broker accounts can help you stay below their radar.
Exchange versus OTC (Over the Counter) Brokers
A broker that offers an exchange is much closer to a traditional ‘broker’ than OTC brokers. An exchange performs the job of ‘middleman’. They will match a seller of an asset, with a buyer of the same asset, and charge a commission for putting the deal together. The market itself will decide the prices – if there are more sellers than buyers, the price will drift down until demand rises. If there are more buyers than those willing to sell, the option price will rise.
A broker operating an exchange does not mind who wins and who loses. They take no risk on the trade themselves (unless the traders are trading on credit). The broker will make their commission on the trade regardless of the outcome.
Due to this reduced risk for the broker, the returns for a winning trader are generally larger. Commissions are usually small relative to the size of the trade, meaning they do not impact the payout too much. Other benefits include the fact that stop losses can be applied, and also that trades can be closed at any time (to take a profit or reduce losses).
The complications with exchanges, comes from the structure. An exchange traded binary option will “trade” somewhere between 0 and 100. Where 0 is the figure used where an event did not occur, and 100 where it did. If the current price is currently 30, a ‘buyer’ would risk 30 times his trade size, to potentially win 70. A ‘seller’ therefore, would risk 70 to win 30. While not a complicated equation, it is slightly more complex than the straight forward over the counter option.
OTC (Over The Counter) Brokers
The most common type is the Over the counter (OTC) broker, but this type of firm is not really a ‘broker’ at all strictly speaking. They are the counter-party to one side of the trade. So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses. Only where the broker has another trader who has made the exact opposite trade, will they have assured profits.
Due to this increased risk, the brokers will offer a lower payout which mitigates some of the risk they are taking. It is therefore likely to be lower than an exchange traded broker. Some firms will also have built in ‘hedging’ mechanisms to reduce risk further. In some cases, one side of trade might be made unavailable if liabilities get too large.
The simplicity of binary options is retained with OTC brokers. They have also made great strides in competing with exchanges by offering ‘cash out’ values for options, allowing traders to close positions early, and set up stop losses. Once those features become common the gap between OTC and exchanges will get smaller. For now, traders are better off trading on an exchange – but might be advised to learn the differences via demo account.
Have you had a problem with your broker? Submit a complaint
Deposit and withdrawal options do vary at each brokerage. Each of our reviews will explain which each firm offer, but below is a list of the most common options.
If you are looking for brokers that support a specific payment method:
- Wire Transfer
- Credit cards / Debit cards
All of the factors covered above will ultimately affect the way a trader plays the market, and therefore, their profitability. The ideal situation is to get a binary broker that offers:
- Several financial assets spread across several markets
- Offers a reasonable bonus with a good payout approaching 90%
- Offers flexible expiration dates without boxing traders into very long expirations.
Trading using a broker’s platform will only be enjoyable, and profitable, if you are using a reputable operator. You also need to choose one that suits your trading style best – only you will know what that is. Read the above binary broker reviews carefully before making that crucial trading decision, but remember you are not tied in to any single broker, and can pick and choose.
Broker Vergleich – Online Broker Test & Vergleich
Der deutsche Anbieter BANX Broker geht eine Kooperation mit Interactive Brokers ein und bietet über diesen günstiges online Brokerage der Extra-Klasse an. Extra-Klasse deshalb, da unterschiedlichste Handelsplattformen wie die TraderWorkStation, ein Webtrader, ein MobileTrader aber auch eine API Schnittstelle zur Verfügung gestellt wird. Banx Broker orientiert sich sicherlich an Personen, welche über Tradingerfahrung verfügen und welche mit den zur Verfügung gestellten Instrumenten auch dementsprechen umgehen können, denn die Möglichkeiten sind vielfältig.
Bei BANX kann auf über 120 Börsenplätzen in 23 verschiedenen Ländern gehandelt werden. Dabei ist das Depot kostenlos und auch für die Kontoführung wird nichts verlangt. Zugang erhält man über das kostenlose Depot zum Wertpapier- und Devisenhandel (Aktien, Optionen, Futures, Forex, Anleihen, ETF, CFD).
BANX Broker bietet verfügt über folgendes Angebot für Trader die mehr möchten:
- Gratis Depot- und Kontoführung
- Aktientrades ab 3,90 Euro
- Optionentrades & Futures ab 2 Euro
- Über 100 Börsenplätze und 1,2 Millionen Wertpapiere
Bei Banx Broker handelt es sich um einen Introducing Broker, welcher als Vermittler und Anbahner fungiert. Banx bietet deutschen Kundenservice mit günstigen Tradingkosten an.
Vorteile und Nachteile
Sehr günstige Konditionen Rasche Eröffnung Großes Angebot (bis auf Fonds)
Gewinne/Verluste müssen selbst versteuert werden Ausländischer Anbieter Eher für Trader mit Erfahrung geeignet, da komplexe Software für Trades
Test und Vergleich
Broker-Test.at hat das Broker Angebot von BANX getestet und so bewertet im Test:
Wie diese Bewertung des BANX Angebots zustande kommt, erfahren Sie über die einzelnen Bewertungskriterien.
Kosten und Gebühren
Keine Kontoführungsgebühren, keine Depotgebühren und Aktien-Trades ab 3,90 Euro bzw. Optionen und Futures ab 2,00 Euro.
|Depotgebühr:||0,00 Euro p.a.|
|Kontoführungsgebühr:||0,00 Euro p.a.|
- 1.000,00 Euro: 3,90 €
- 2.000,00 Euro: 3,90 €
- 3.000,00 Euro: 3,90 €
- 5.000,00 Euro: 6,00 €
- 10.000,00 Euro: 12,00 €
- 20.000,00 Euro: 24,00 €
Ordergebühren Xetra Frankfurt:
- 1.000,00 Euro: 3,90 €
- 2.000,00 Euro: 3,90 €
- 3.000,00 Euro: 4,20 €
- 5.000,00 Euro: 7,00 €
- 10.000,00 Euro: 14,00 €
- 20.000,00 Euro: 28,00 €
Die Ordergebühren von BANX gestalten sich je nach Börsenplatz wie folgt:
- Xetra (Aktien) – 0,14 % Ordervolumen (Min. 3,90 € / Max. 99,00 €)
- Xetra (ETFs) – 0,14 % Ordervolumen (Min. 3,90 € / Max. 29,00 €)
- Aktien USA/Kanada – 0,01 USD bzw. CAD pro Aktie (Min. 3 USD bzw. CAD / Max. 1 % des Ordervolumens)
- Aktien Österreich – 0,12 % Ordervolumen (Min. 3,90 € / Max. 120,00 €)
Das Angebot von BANX Broker umfasst folgende Wertpapiere:
- Metalle (Gold und Silber)
BANX Broker ist ein Anbieter mit Sitz in Deutschland und lediglich ein Introducing Broker. Damit ist es BANX Broker auch nicht möglich die Kursgewinnsteuer automatisch abzuziehen oder einen automatischen Ausgleich von Verlusten zu Kursgewinnen durchzuführen. Dies obliegt damit gänzlich dem Depotinhaber – kann natürlich ein Vorteil sein, auf jeden Fall muss es in der jährlichen Einkommensteuererklärung berücksichtigt werden, sofern Kursgewinne oder -verluste anfallen.
BANX Broker bietet nur das Brokerage Angebot an – weitere Dienstleistungen sind nicht im Portfolio enthalten.
Service, Beratung & Support
BANX Broker bietet neben Webinaren auch ein Magazin an, in dem es Informationen rund um den Wertpapierhandel anbietet. Die steuerlichen Informationen sind getrost zu vergessen, da sie diese auf den deutschen Nachbarn beziehen und für Österreicher nicht hilfreich sind. Erste Hilfestellungen bieten auch die FAQ und von Montag bis Freitag können zwischen 9:00 bis 19:00 Uhr mittels eines Live-Chats oder unter der deutschen Telefonnummer 0049 211 9717785 Fragen gestellt werden. Außerhalb dieser Zeiten können mit einem E-Mail an [email protected] Fragen gestellt werden.
BANX im Broker Test
Im Broker-Test.at Vergleich haben wir unsere Erfahrungen mit BANX Broker einfließen lassen und den Broker in den einzelnen Kategorien wie folgt bewertet:
Die größten Vorteile und Nachteile von BANX lassen sich im BANX Test wie folgt herauskristallisieren:
Breakout Zones System for Binary Options
I wanted to know, if there is no video of instructions like to use the indicator. Thank you for your answer
good day, do you have any videos on how it is to be used? I really work like to try this out
Honest FBS Forex Broker Review 2020
Table of Contents
|(4.5 / 5)||IFSC, CySEC||Starting – 1.0 Pips||50+|
You are looking for experiences with Forex Online Broker FBS Markets Inc.? – Then you are exactly right on this page. As traders with more than 7 years of experience in the financial markets, we have examined the provider and share in the following texts and summaries my experience and the results of the test report. Is it really worth to invest your money with FBS? – Find it out in my trusted broker review.
The official homepage of FBS Forex Broker
What is FBS? – Forex Broker presented
FBS Markets is an Online Forex Trading Broker and for Contracts for Difference (CFDs), founded in 2009. Since 2009, the company has grown significantly and can boast over 2.5 million active merchants in 2020. The broker is internationally active and also possesses the necessary licenses through the IFSC and CySec (Europe).
International clients are accepted by this company. In addition, the FBS got international branches with customer support in more than 20 languages. The biggest customer base is in Asia. FBS is very well-known through live events and charity for poor people. The broker is specialized for Forex Trading, which you can see on the broker’s homepage. FBS tries to give its clients the best conditions for trading currencies. With this broker, you can start trading by any amount of money because the minimum deposit is only 1$.
Facts about the company:
- Founded in 2009
- International broker
- Specialized on Forex Trading
- More than 2.5 million traders and active partners
- Charity and sponsor program
- Interesting bonus programs
- Main customer base is in Asia
(Risk warning: Your capital is at risk)
Regulation and safety of customer funds
When it comes to trade with real money an official regulation of a broker is very important. There are some scam brokers which act without a real regulation to do fraud on the customer’s money. To avoid these practices always look after the regulation of the broker before you start investing real money.
FBS is regulated by the IFSC in Belize and the CySEC in Europe (Cyprus). The registration number of Belize regulation is 119717 and the license is IFSC/60/230/TS/18. This is an official regulation where the companies headquarters is. You can check it by yourself. The broker only gets this regulation by acting as a serious Forex Broker. In addition, FBS uses only regulated payment methods for the customer’s transactions. This is also a very important point. In conclusion, it seems to me that FBS is a reliable broker for online trading. It is a regulated company so fraud cannot happen in our opinion.
- Regulated by the IFSC in Belize
- Regulated by the CySEC in Cyprus (Europe)
- Only regulated payment methods
Broker awards of FBS
What are the conditions for trades at FBS Forex Broker?
We looked closely at the conditions for traders. At first glance, the provider makes a very good impression on us because he offers many different account models. You can, therefore, adjust your account to the deposit capital and the trading style. The minimum deposit is only 1$ and you have the chance to get a free bonus for your capital.
The spreads depend on the account type and start at -1.0 pips. An account with low spreads usually incurs one commission per lot traded. Overall, you are always cheaper with a commission account in the markets. Again, there is a plus for me. You can try the platform with a free demo account. There are 3 types of different platforms of the broker which we will review later.
FBS Markets specializes in Forex Trading. This is also noticeable in the selection of tradable assets. There are many currency pairs available, but the choice of CFDs is rather low. As we recognized the broker tries to increase his offer of tradeable markets. American Stocks are added to the portfolio in the past.
Facts of the conditions:
- Trade Forex, Stocks, and Commodities
- Different account types for any trading style
- 3 different platforms for any device
- Start with only 1$ deposit
- Low spreads
- Bonus Program
The best conditions for traders
High leverage and negative balance protection for FBS Traders
In the FBS platform traders can choose different leverage for their accounts. It is possible to get huge leverage of maximum 1:3000. In our opionion, it is not useful to use such high leverage but some strategies require it. Sometimes high leverage is very risky, especially if you trade the market news. Some traders fear a negative balance.
FBS offers negative balance protection for its clients. If you make a huge loss you will get stopped out before your balance will be negative. In conclusion, you can trade very safety with FBS even with the high leverage of 1:3000.
(Risk warning: Your capital is at risk)
Review of the FBS Trading Platform
Which trading platforms are offered by FBS? – The broker offers the classic and popular trading platform Metatrader in version 4/5 and also a Web Trader. The MetaTrader software has been widely known among private traders for many years. It belongs, so to speak, to every successful dealer in the equipment.
With the MetaTrader, you can try out and adopt different strategies. The software offers almost unlimited options. It is available for the smartphone, tablet, browser, and desktop.
Even we have gained good experience with the MetaTrader. Almost every big broker offers this software. After a short introductory phase, it is easy to use. FBS helps its clients with video tutorials and coaching to understand how to trade successfully. In the following section, we will show you some facts about the platform.
The MetaTrader is available for any device
Professional charting and analysis
The MetaTrader offers a huge range of tools for a professional analysis. Choose between different chart types and develop a successful strategy. You can use free indicators on the platform. It is very easy to configure them. In addition, it is possible to download extern tools and integrate them into the software.
For technical analyses, there are drawing tools to analyze the chart. Furthermore, FBS offers everyday new analysis and trading ideas to its clients. Each tool is personally customizable for any strategy. Another big advantage of the software is automatic trading. It is possible to create an automatic system that is running 24/7. The MetaTrader supports VPS Server for a little amount of money per month. In conclusion, MetaTrader offers all that you need for successful trading.
Facts about the platform:
- Available for any device
- Free indicators
- A huge range of technical tools
- Automatic trading possible
- Customizable and user-friendly
- Mobile Trading
How to open your account with FBS
To open an account with FBS is very easy and uncomplicated. The broker only needs some information about your identity to start trading. You can open your real trading account in less than 60 seconds. Start with your email address and a safety keyword.
Open your real account
Free and unlimited Demo Account
We recommend for beginners who want to try this broker to open a demo account. This is an account with virtual money. You can trade without risk. It is like trading with real money. The demo account is the best way to practice and develop a strategy for beginners. Also, advanced traders can try new markets or methods with it. FBS offers a free and unlimited demo account.
Which account type should I choose with FBS?
FBS offers different account types for forex trading. Each account is for a special purpose. The broker tries to give a trader the best conditions for his capital. There is the opportunity to trade with 1$ or less risk in each trade with the cent account. If you deposit more than 1$ you can get better conditions and lower spreads. In the following section, we will explain the different account models of FBS.
This table will present you the different facts about the account types:
|Spread:||0.5 Pip||1 Pip||Fixed 3 Pip||Fixed 0 Pip||– 1 Pip|
|Leverage:||Max. 1:3000||Max. 1:1000||Max. 1:3000||Max. 1:3000||Max. 1:500|
|This account is for:||Normal traders with average deposit of 100$||Mini account for traders with small deposits||Traders who want to have a fix spread||Lower fees but higher deposit required||The best conditions for large traders|
As you see above in the table FBS offers a different account for different deposit amounts. You can say that if you deposit more money with FBS you get better conditions and lower spreads. On the other hand, it is a huge advantage that they offer accounts for traders with a very small deposit. The contracts are special in the cent account and you can trade with less risk.
(Risk warning: Your capital is at risk)
Review of the deposit and withdrawal with FBS Broker
The deposit and withdrawal of money are as easy as the registration with FBS. The broker offers different payment methods to do your transactions. You can use bank cards or electronic wallets. First of all, we recommend verifying your full identity with FBS before you deposit and start trading with real money. In the dashboard, you will see the instructions. It is very important because the broker only withdraws to verified accounts.
These methods are available for deposit and withdrawal:
- Credit Cards
- Perfect Money
- Local Exchangers and Bank Wire
Use different methods for your payments
How long does it take to deposit and withdrawal?
Deposits through electronic methods are working instant. The money is credited directly to your account. The withdrawal can take the maximum time of 48 hours. From my experience withdrawals are made very quickly and in less than 48 hours.
Are there any fees?
FBS does not charge any fees for a deposit on their platform except the payment method “sticpay” with 2,5% + $0,3 commission. For withdrawals, there are some commissions which you have to pay. You can see the commissions direct in your account dashboard. The fee always depends on your payment method.
What can you expect from the FBS Forex Broker Bonus program?
FBS offers a huge bonus program for free. You can activate the bonus in your account dashboard. This is a great advantage compared to other Forex Brokers. Trades can get additional money for their accounts to trade with higher risk. I have to mention that the bonus depends always on certain conditions.
Before you activate the bonus you should read the conditions. Some traders say that the bonus program is a scam because they do not read the bonus conditions. FBS markets show the conditions very transparent in the dashboard so you can decide if you take the bonus or not. Sometimes it is necessary to open a separate bonus account.
FBS offers a good bonus program
At the moment these bonuses are available:
- Trade 100 Bonus (get 100$ for free if you trade and make a profit)
- Cashback (the broker pays back some commissions to you)
- 100% bonus on deposit (get additional money)
As mentioned before the conditions are transparently communicated between the broker and the trader. For example, if you get a deposit bonus you have to make a turnover of trading volume on FBS before you can withdraw the money.
Contest and awards for traders
Another big plus for FBS is the free contests and awards for traders. The Forex Broker offers different contests that have been updated each week. For example, there is a chance to win a car or an iPhone X. Personally I like the free demo account contest to win money without risk your own money. The prize fund is like 1000$ or more and the 5 first places winning a certain amount of it.
Free demo contest
Support and service for traders
The last point of this FBS review is the support and service for traders. FBS offers phone, email, and chat support for each client. The support is in multi-languages and available 24/7 a week. In addition, every trader gets personal support through an account manager who can help you by frequently asked questions.
Also, we had a closer look at the service for traders. FBS is very present in the Asian region. There are events and coachings for new traders. Furthermore, the best traders win prizes and get a big bonus. Webinars and coachings are available on the platform for beginners or advanced traders. In conclusion, FBS is one of the brokers with the best and personal service for its clients.
Facts about the support:
- Support 24/7
- Phone, Email, and Chat
- Local FBS events
- Webinars and coachings
- Personal account managers
Countries – FBS accept international trader
FBS is a well known international company. They accept international trader with a few exceptions. The support is available in more than 20 different languages. The most traders are from Africa, Indonesia, Malaysia, India, and the Philippines.
These countries are not allowed:
Japan, USA, Canada, UK, Iran
Conclusion of the review: Is FBS a scam Forex Broker or not?
FBS Markets is in our experience and tests a serious company. The broker has international and European licenses, which is why fraud is ruled out. In summary, we can recommend the provider, as he offers to trade in the forex market very cheap. The broker scores points with numerous account types and bonus offers.
The trading platform Metatrader is also professional and available in version 4 and 5. In addition, the support replies very fast in different languages. One of the biggest advantages is that traders can start on a contest to win money or other prizes. Traders without a deposit get the chance to earn money. In conclusion, the service is very good and special with this broker.
The advantages of FBS:
- Regulated in Belize and in Europe
- Accept international traders
- Different account types for your deposit
- High leverage of up to 1:3000
- Low spreads and commission
- Specialized on Forex Trading and CFD Trading
- Bonus program, contests, and events
- Reliable support and service
If you are looking for a good and cheap forex broker, then you are right with this provider. (4.5 / 5)
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