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FBS Broker • Mobile Trading • 2025 Guide

• By Smart Cred • Updated: October 24, 2025 • Reading time: ~10 min

Summary: FBS is a global online broker (Forex & CFDs) that offers mobile trading via its app and MetaTrader platforms. It’s popular with beginners due to low minimum deposits, demo accounts and a large library of tutorials. However, trading carries risk — use risk management and practise on a demo account first.

Table of contents

1. What is FBS?
2. User feedback — pros & cons
3. How to start: Step-by-step
4. Trading strategies & risk management
5. Withdrawals & fees
6. Can you make money with FBS?
7. SEO tags & publishing checklist

What is FBS?

FBS is an online broker founded in 2009 which provides access to Forex, commodities (metals), indices, stocks and cryptocurrencies (through CFDs) on platforms like MetaTrader 4, MetaTrader 5 and their mobile app. FBS offers different account types (Cent, Standard, Zero spread, etc.), demo accounts and educational resources for new traders.

User feedback — pros & cons

Pros (from users)

• Beginner‑friendly onboarding: demo accounts and simple mobile app flows.
• Low minimum deposits on some account types — easy to start small.
• Large educational library and tutorials for MT4/MT5.
• Many traders report smooth deposit & withdrawal experiences (region dependent).
• Varied instruments and competitive spreads on major pairs.

Cons (from users)

• High leverage available — increases risk for inexperienced traders.
• Some users report occasional withdrawal delays or unclear bonus conditions.
• Regulatory coverage varies by country — check your local protections.
• Customer support experiences vary by region and case complexity.

How to start: Step‑by‑step guide

This section is written so a new user (for example, someone in Nigeria) can follow the exact steps to open an account, fund it, trade and withdraw profits.

1. Choose account type and register

1. Download the FBS app from the Google Play Store (or visit fbs.com).
2. Register using email/phone and complete KYC (identity verification) if required.
3. Pick an account type: Cent (good for micro trades), Standard, Zero, or ECN‑style accounts depending on fees & spreads.

2. Use demo account first

Open a demo account and practise trades with virtual funds. Learn how to place market orders, limit orders and set Stop Loss / Take Profit levels.

3. Fund your account

Choose a payment method available in your region (bank transfer, e‑wallets, P2P options, or local partners). Fund a small amount you can afford to lose while you learn. Check the fees and minimums in the payments section.

4. Configure risk & platform settings

• Set leverage conservatively (or use the default). If you’re new, avoid maximum leverage.
• Set default Stop Loss and Take Profit rules in your strategy.
• Link your account to MetaTrader 4/5 if you want advanced charting and EAs (expert advisors).

5. Open your first trades

Pick liquid instruments (EUR/USD, GBP/USD, major indices). Decide whether to go Buy (if you expect price to rise) or Sell (if you expect price to fall). Always set a Stop Loss.

Trading strategies & risk management

Making money is a function of good edge + risk management. Here are practical steps users recommend:

• Start with simple setups: trend‑following on higher timeframes (H4/D1) or basic breakout strategies.
• Use position sizing: risk a fixed small % of your capital per trade (commonly 1–2%).
• Keep a trading journal: log entries, exits, reasoning and outcomes.
• Backtest strategies: use demo accounts or historical data to verify ideas.
• Emotional control: avoid revenge trading after a loss and don’t overtrade when winning.

Withdrawals, fees & taxes

User feedback generally indicates FBS supports multiple withdrawal methods; many traders report smooth withdrawals but a minority report delays. Always:

• Read withdrawal terms for your payment method and region.
• Confirm if bonus (if any) imposes withdrawal conditions.
• Keep records of all transactions for taxes. In Nigeria, trading profits may be taxable — consult a tax advisor.

Can you make money with FBS?

Yes, but not guaranteed. The broker provides tools and access; profitability depends on your skill, discipline, strategy and market conditions. Many users have made money, while many others have lost — this is normal in leveraged trading markets.

Realistic expectations

• Expect occasional losses — plan for them using stop loss and position sizing.
• Short‑term gains are possible, but consistent profits typically require months/years of learning.
• Use withdrawals to lock in profits — don’t reinvest everything at once.

Disclaimer: This article is for informational purposes only and is not financial advice. Trading leveraged products carries risk. Past performance is not indicative of future results. Always seek independent financial advice before trading.