FBS is one of the top forex brokers, boasting both its advantages and drawbacks. It has become a popular choice among Asian and African traders alike.
The broker provides a wide selection of trading instruments, such as forex, metals, indices, energies and stocks. Furthermore, it boasts an impressive training section with plenty of articles, videos and tutorials tailored towards both beginners and experts alike.
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FBS is a well-established broker with an increasing number of loyal clients. Its flexibility, low deposit requirements and trading benefits make it attractive to both new traders and experienced Forex investors alike.
FBS provides customer service in multiple languages, 24/7 every week. Furthermore, they provide webinars and coachings tailored towards both novice and advanced traders alike.
Traders can also take part in free contests that offer them the chance to win prizes and large bonuses. This is an excellent way for traders to test the platform without risking any financial investment.
As a licensed broker, FBS must verify all accounts before withdrawals can be processed. This is an industry standard process that can be completed quickly and easily by providing personal documents.
FBS offers a vast selection of trading instruments, an accessible minimum deposit, and many other advantages. Furthermore, it provides free educational resources like video tutorials, forex guides, as well as analytical seminars.
Deposits can also be made using credit card, Neteller, Skrill and Bitwallet without incurring fees. Withdrawals made using these methods take just 20 minutes to process while bank wire transfers take 48 hours to process.
Another advantage of FBS is that it is regulated, giving you peace of mind that your funds are safe and secure. However, in order to open an account or withdraw funds, you must complete KYC (Know Your Customer) verification.
FBS offers a vast selection of currencies, including several major, minor, and exotic pairs. You can utilize leverage up to 1:3000 for trades on more than 50 indices; additionally, FBS has an Islamic account option with no swap fees attached.
Deposit and withdrawal
FBS Trading Platform is user-friendly and offers a vast selection of trading instruments. Additionally, the broker provides multiple customer support channels like phone or email – making it ideal for beginners.
Depositing funds is free and takes only minutes to complete, plus you can withdraw them using credit or debit cards, eWallets, and bank wire transfers.
To make deposits, log in to your account and click on the “Finances” tab in your personal area. There, you can select which e-wallet you would like to deposit money into, as well as enter how much cash you wish to do so.
Neteller is one of the most popular methods for depositing and withdrawing money on FBS. There’s no fee when making deposits through Neteller, while withdrawals are reimbursed at 2%. Skrill is another popular e-wallet option among FBS traders as it offers free deposits as well as quick transfers of funds.
FBS is a Cyprus-based broker that offers trading in forex, commodities, indices and stocks as well as crypto currencies.
The FBS Trader platform gives users access to all major and minor forex pairs, precious metals, commodities, and indices. It is user-friendly with plenty of tools at their disposal for making informed decisions.
Advanced charting features include 31 indicators, various time-in-force conditions and market/limit orders. Plus it has negative balance protection as well as conditional alerts for clients to set.
Furthermore, the platform is accessible in 52 languages and supports copy trading and automated trading. Furthermore, it can be accessed on desktop computers as well.
FBS is a trusted broker licensed by MiFID in Europe and Australia, adhering to stringent money protection regulations. All funds are segregated into separate Tier 1 bank accounts, while FBS protects its website and platform with Secure-Socket-Layer encryption. Plus, FBS’ customer support team is available 24/7 in multiple language options for added convenience.
Pros and cons
FBS is an established Forex broker that has been around since 2009. It’s regulated and has an excellent track record, offering low spreads across numerous markets.
The broker offers a range of accounts, including a crypto one that’s ideal for beginners who want to test out trading before investing real money. Their minimum deposit requirement is just $1 for non-EU traders and $10 for EU customers.
Another useful feature is the demo account, which offers a cost-free and convenient way to test out the platform and trading environment without risking real money. Furthermore, the company provides numerous educational resources like webinars and videos.
The company’s customer service is one of the best in its industry, providing multiple channels to help clients resolve problems. Their website boasts an extensive FAQ section and support is always available via chat or email.
Account opening and login
FBS is an online broker that offers various accounts to meet different trading needs. Each type of account has been tailored to meet traders’ individual requirements and provide them with the most beneficial tools to enable successful trades.
FBS’ Standard account is ideal for both novices and experts alike, offering a floating spread from 0.5 pips with no commissions and the highest leverage in the industry – 1:3000.
FBS offers a demo account at no cost that allows you to explore their trading platform before making any investments. All that’s required is your email address!
FBS provides a broad selection of trading instruments, such as currency pairs, metals, stocks and CFDs. It also supports precious metals – an increasingly popular option for investors seeking stability and low volatility in the market.
FBS is an established forex broker that offers a wealth of educational tools and resources. Its articles, videos, and courses cover trading strategies for beginners, intermediates, and experienced investors alike. Furthermore, there’s an extensive glossary of terms to familiarize yourself with the MetaTrader platform as well as tutorials explaining its use.
Financial analysts at FBS provide trade ideas and tips, teach about trading terminology, indicators, patterns, analyses and more. These materials can be found across FBS platforms – the official website, social media channels and apps.
FBS clients have access to education materials as well as webinars where they can learn trading strategies and ask questions directly to FBS financial analysts. This is an excellent way to gain more insights and stay abreast of market developments.
FBS provides customer support 24/7 via live chat, phone, email and other communication platforms. Regardless of which channel you use, response times are usually swift and helpful.
FBS also provides live market news and analysis to help traders stay abreast of market changes and patterns, making it simpler to spot potential trading opportunities.
This broker also keeps client funds in segregated accounts with top-tier banks, guaranteeing the safety of traders’ funds. This is essential for forex trading, which can be stressful on traders’ minds.
The broker is regulated by both Cyprus Securities and Exchange Commission (CySEC) and International Financial Services Commission in Belize (IFSC). Furthermore, it offers negative balance protection to retail clients.
FBS is a globally-focused CFD broker that provides an expansive selection of tradeable instruments. Plus, they have competitive stock and index CFD fees as well as no inactivity fee.
The broker’s customer support is available 24 hours a day in multiple languages, including English. Agents respond promptly to calls and inquiries through live chat services as well.
Clients have the option of two account types: Cent and Standard. The Cent accounts require a minimum deposit of EUR10 with leverage up to 1:30*; on the other hand, Standard requires larger initial funding requirements with higher leverage limits.