Retail forex broker FBS opens third office in Thailand

1 min readUpdated Feb 5, 2016Feb 5, 201612:10 AM

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The retail forex broker FBS announced the opening of its third office in Thailand. It is the second office of the company in the country’s capital Bangkok. The first one was opened in July 2015. Since October 2015 the broker also has an office in the city of Chiang Mai.

FBS is present in more than 120 countries and has 13 international offices.

Besides the usual business activities with current and new clients and partners, FBS is planning workshops for beginner and professional traders, hosted by Forex experts. It reminds its customers that it provides 24/5 customer support and consultation in Thai language.

FBS was established in 2009. It is regulated by the international Financial Services Commission (IFSC) in Belize and the Russian self-regulation organisation Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN).

FBS offers trading in the major currency pairs, metals and CFDs. The minimum deposit is $1 and the leverage is up to 1:2000. The broker also offers spreads from 0 pips.

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What this means

FBS's expansion into a third Thai office, a second in Bangkok, is a shrewd move to deepen client engagement and market share. Unlike digital-only competitors, establishing physical hubs with local language support and expert-led workshops, as FBS plans, builds critical trust and educates new traders. This strategy aligns with the broader trend of physical retail expansion seen with OCE in Thailand and Tiffany & Co. In Singapore, even in finance. The competitive advantage comes from local accessibility and direct instruction, which digital platforms struggle to replicate fully. This aggressive, localised approach will pressure smaller or less established brokers relying solely on online outreach. Watch for the attendance figures and client acquisition rates at their upcoming workshops to gauge the immediate impact.

Sarah Chen

Questions & Answers

Which regulatory bodies oversee FBS's operations?

FBS is regulated by two organisations. These are the international Financial Services Commission (IFSC) in Belize, and the Russian self-regulation organisation CRFIN, which is the Centre for Regulation in OTC Financial Instruments and Technologies.

What types of financial instruments can clients trade with FBS?

Clients can trade in several financial instruments with FBS. The broker offers trading in the major currency pairs, various metals, and Contracts for Difference (CFDs). This provides a range of options for their traders.

What is the minimum deposit required to open an account and what use is offered?

The minimum deposit required to open an account with FBS is $1. The broker offers a high use option, which can be up to 1:2000. They also advertise spreads starting from 0 pips for traders.

When did FBS first establish a presence in Thailand and specifically in Bangkok?

FBS opened its first office in Thailand in July 2015, which was located in the capital city of Bangkok. A second office in Bangkok and another in Chiang Mai have since been added, bringing the total to three.

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