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Exposure

I used to dismiss claims that FBS manipulates trades to make clients lose money, but today I experienced something that’s hard to ignore. I had a buy position on XAGUSD opened since 28/07/2020. On 31/07/2020, FBS suddenly closed it, claiming the price dropped to $18.667. Not a single other source showed anything close to $18. Screenshots from different platforms clearly show the discrepancy: only FBS had silver priced in the $18 range that day. Because of that, my account balance of over $318 was wiped out when my position was forcibly closed. Based on this experience, I would advise extreme caution when trading with FBS. Something about their price feed doesn’t align with the wider market, and it cost me my trade and funds.
2025-08-10

India

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