FBS Information

FBS is a regulated broker that provides 550+ tradable instruments, including currency pairs, metals, energies, indices, and shares with leverage up to 1:3000, spread from 0.0 pips and commissions from 0% through FBS app, MT4 and MT5 trading platforms. The minimum deposit requirement is just $5.

Pros and Cons

Is FBS Legit?

Yes. FBS is regulated by ASIC in Australia and CySEC in Cyprus, and offshore regulated by FSC in Belize. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.

Regulated Country	Regulated by	Current Status	Regulated Entity	License Type	License Number
	Australia Securities & Investment Commission (ASIC)	Regulated	Intelligent Financial Markets Pty Ltd	Market Making (MM)	000426359
	Cyprus Securities and Exchange Commission (CySEC)	Regulated	Tradestone Ltd	Market Making (MM)	331/17
	Financial Services Commission (FSC)	Offshore Regulated	FBS Markets Inc.	Retail Forex License	000102/460

What Can I Trade on FBS?

Traders can invest in 550+ trading instruments, including currency pairs, metals, energies, indices, and shares.

Leverage

The maximum leverage is capped at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

FBS offers floating spreads from 0.7 pips and no commissions charged.

Trading Platform

FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app.

Deposit and Withdrawal

FBS says to accept 200+ payment methods, such as VISA, Mastercard, Sticpay, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.

LINE FX Information

Registered in Japan, LINE FX is a securities company that has access to 23 currency pairs without commission. EUR/USD core time (fixed in principle) 9:00 am – 5:00 am the next day is 0.3 pips, other times are 0.4-9.0 pips. The lower the spread, the better the liquidity.

The transaction fee is 0 yen. However, there is a difference (spread) between the bid and ask prices of the currencies LINE FX offers. When placing an order, a margin of 4% or more (leverage 25 times) is required for each currency pair.

Is LINE FX Legit?

The Financial Services Agency(FSA) regulates LINE FX with license number 関東財務局長(金商)第3144号 and License Type Retail Forex License, making it safer than unregulated.

Trading Tools

Trading tools for beginners and experts, TradingView has charting capabilities, LINE FX is available for smartphones, and LINE FX Pro is suitable for PC

Deposit and Withdrawal

LINE FX accepts bank transfers and QuickCash for payment and bank transfers for withdrawals. Bank transfer payments require a commission. Except for QuickCash payments that specify financial institutions, other payments apply to all banks and the processing time is generally within 24 hours.