This article focuses on FBS Indonesia, a local branch of an international online brokerage company named FBS. You will learn about what FBS is, what it offers, and how you can register to use the services provided by the company.
We will also answer whether FBS is a trustworthy, safe broker or a scam.
What is FBS?
FBS was founded in 2009 as a brokerage company that provides up-to-date fintech services. 14 years later, FBS is a global brand that unites several companies operating under a bunch of international licenses. This means that each FBS-related venture is fully legal and authorized to provide trading services in their region of presence.
FBS offers its services in over 150 regions of presence include Europe, Asia, South America, and the Middle East. The total number of active traders exceeds 27 million, and the pool is growing.
FBS also has a unique partnership project called the IB Program. With nearly 500,000 participants, the IB Program helps FBS create trading communities worldwide.
FBS is a regulated online broker. It strives to be among the best fintech companies providing modern online trading solutions. At the center of FBS’s focus are account protection, data security, world-class fund management solutions, and convenient deposit/withdrawal procedures.
Is FBS Indonesia safe?
The short answer is yes.
Indonesia is one of the most critical regions for FBS. It is a free-market economy country with a government that creates win-win situations for business, which is excellent for a wide range of online businesses.
Trading in this country is safe due to the strict regulations of the Bank of Indonesia. These laws make for a safer environment for all trading actors. Fraud is rare as the Indonesian Financial Services Authority closely monitors all brokers.
Indonesians can register with international brokerage platforms. However, such a platform must qualify for the local requirements – a foreign FX/CFD broker must be trustworthy, reputable, and provide a well-developed user-friendly online platform. It must have a valid license and offer payment options available to local users.
FBS complies with all of the following:
- It is a reliable Forex broker providing related services in Indonesia by legal means on favorable margin conditions.
- FBS does not send requotes to traders.
- Traders can trade at the price they choose, as FBS offers flexible options to reduce trading costs and increase income.
- The minimum deposit is $1. The maximum leverage is 1:3000.
- FBS is reachable through 24/7 customer service.
Also Read: Most Volatile Forex Pairs
What trading conditions FBS offers
FBS Indonesia allows customers to enjoy affordable, transparent, and versatile trading. FBS trading conditions are designed to meet various trading preferences, styles, and budgets:
- Three types of trading accounts (Standard, Cent, Pro).
- Zero commission.
- Low fees.
- Leverage of up to 1:3000 (depending on the account).
- Narrow spreads (0.5 pips).
- Fast order execution.
- Segregated bank accounts for fund protection.
- Free training content.
- 24/7 multilingual customer support.
Trading with FBS Indonesia is available via the company’s original mobile software, the FBS Trader app.
How to register at FBS
To start trading with FBS, you must open an FBS trading account. The FBS registration process will only take you a few minutes to complete.
- Download FBS – Trading Broker (use App Store or Google Play).
- Once downloaded, install the app and then press Registration.
- Choose how you want to register. You can register via a social network or manually enter the required data. If you register manually, type in your email and full name, and press Register.
- Look through the data on the screen. The system has generated a temporary password. We strongly recommend you change it and create your own password. After you are done, press Complete registration.
- Choose an account. FBS offers three account types – Standard, Cent, and Pro. You can also decide where to trade with the FBS Real account or use the FBS Demo account to practice first.
- Adjust account settings. You can set the parameters for the trading platform, account currency, and leverage here. You can update them anytime later. When you are all set, press Create account.
- Save account information. Save your passwords and keep them in a safe place. You will need your account number, trading password, and trading server for MetaTrader 4 to start trading. When you check all the information, press Proceed to Personal Area.
Once you have completed these steps, your registration is complete. Now you can log into your FBS account anytime you want to enter the market. Just go to the FBS – Trading Broker application and press the Log in button. You can also log in to the Personal Area with the same account at fbs.com.
Another thing to take care of is confirming your email. This is necessary so that you can get access to more advanced operations.
To confirm an email, go to your mailbox, open a confirmation email from FBS, and click the I confirm button. If you do not receive the email, please contact FBS Support for assistance.
How to choose an FBS account
When registering with FBS, you can access three account types: Standard, Cent, and Pro. Each account type is designed with a concept that makes your choice extremely intuitive:
- First, there’s the Cent account for those who want to go step by step without investing too much in trading.
- A Standard account is the choice for a traditional market experience.
- Finally, you can go Pro if you have enough skills and budget.
Accounts come with differing instrument types, margin call values, leverages, etc. For more info, you can visit the official FBS Trading Accounts page.
FBS: transparency and customer care
FBS is serious about upholding its reputation as a broker that cares about the customer. Aside from the company’s favorable conditions, at least two more factors make it one of the best brokers to choose from.
Customer focus
FBS is customer-focused. The term includes a wide range of measures and qualities that you can find about FBS.
When you work with FBS, you know you can address a multilingual customer support team on any issue at any time, day or night. The broker is also reachable via official profiles on social networks. You can also see the company’s activities and look up market news and updates there.
Also Read: Understanding Risk Apetite
Education and tools
Education and tools to complement the trading process are among the staples of FBS’s ethics. With FBS, traders use tools like an economic calendar, Forex calculator, and currency converter. However, there’s more to it, as FBS provides a series of trading videos by in-house analysts and IB Partners. Webinars, video tutorials, and even offline seminars helmed by FBS give tons of helpful information to traders.
Summary
Is FBS broker safe? Yes. Should you trade with FBS? That’s up to you. We hope this review gives you an idea of what you are getting with FBS Indonesia and helps you decide.
We encourage you to research this brokerage brand and come up with your own opinion on where you will choose FBS as your trading broker.
Also, we can’t stress enough that education is everything when it comes to real-life online trading. Learn as much as possible about the market, trading assets, fundamental and technical analysis, and trading applications before opening your first trade.
