FUBON

FUBON Information

FUBON is a brokerage firm headquartered in Belize that requires a minimum deposit of $300 for its Ordinary MT4 Account, with leverage of up to 1:100. Although it claims to offer competitive spreads starting from 0.5 pips, the lack of regulation and the inaccessible official website makes it unsafe.

Regulation

Fubon is operated by an entity registered under the domain fubon.com, registered with Net-Chinese Co., Ltd. since June 21, 2002. The registration information does not indicate any regulatory oversight in its registered location.

Pros and Cons

What Can I Trade on FUBON?

FUBON offers 3 types of trading instruments, including over 100 currency pairs, commodities, and indices. But it does not support digital assets.

Account Types

FUBON offers a total of three types of live trading accounts: the VIP Account, Professional ECN Account, and Ordinary MT4 Account. Currently, FUBON does not provide demo accounts or Islamic accounts.

Leverage

FUBON offers a maximum leverage of up to 1:100. This means that for every $1 in your trading account, you can control a position worth up to $100.

Trading Platforms

Centrix Markets offers the MT4 trading platform, which is suitable for both mobile and desktop devices (including Windows and macOS). It is more suitable for experienced traders. However, there are no access of MT5 platform and the Tradingweb platform.

Deposit & Withdrawal

FUBON does not charge any fees for deposits or withdrawals, allowing traders to transfer funds without additional costs. The minimum deposit required to open an account with FUBON is $300.