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FBS review: Is it a legit or scam forex broker?

Zveřejněno Helena Šedivá na 16. června 2022
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ContentsWhat Can You Invest in and Trade on FBSBroker ComparisonCurrency ConverterTypes of FBS Broker AccountsRegulation and safety of customer funds
The deposit and withdrawal fees are set by the payment systems for processing transactions. TradingBrokers.com aim to provide unbiased broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions. Rates, terms, products and services on third-party websites are subject to change without notice. This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whether you are new or are experienced in investing in forex and CFDs, FBS is a reliable and well-known broker that can easily suit your needs.

Dear client, FBS is a Regulated broker without any unethical practices. According to p.5.2.7 of Customer Agreement, If an account was funded https://forex-reviews.org/ via debit or credit card, a card copy is required to process a withdrawal. CVV can be covered and only Signature is required on backside.
What Can You Invest in and Trade on FBS
Jose Rafael Aquino is a Filipino writer and entrepreneur that specializes in finance, technology, cryptocurrency, and sports. Versed in the startup tech space, he has written for websites such as The GUIDON, StockApps, and BuyShares. A pip is the exact spread between the bid and ask prices of a currency pair in forex. A larger pip means more price movement is required in order to cover the cost of the bid-ask spread in a trade execution.

In addition, the FBS got international branches with customer support in more than 150 languages and countries. FBS is very well-known through live events and charity for poor people. The broker is specialized in forex trading, fbs broker review which you can see on the broker’s homepage. FBS tries to give its clients the best conditions for trading currencies. With this broker, you can start trading with any amount of money because the minimum deposit is only $ 1.
Broker Comparison
On top of that, you can even content them via email, phone, and live chat. Is still a relatively new form of currency, and as such, there are many different types of cryptos out there. While many forex brokers may offer relatively fewer cryptocurrencies, FBS offers all the top cryptocurrencies for trading.

I have never deposited any fund into FBS broker account at any point. I promised myself to get back here to leave a review if eventually it worked out and here am i doing so. The customer service is topnotch, the response is swift and very attentive too.
Currency Converter
I deposited money into my account and they claim the deposit was rejected but the funds are no where in my account and did not reverse back into my account. I’m so disappointed and right now will discourage anyone from being involved with this broker. We have spent years creating ideal trading conditions and developing very special promotions that will not only make our clients happy, but also maximize their Forex efficiency. If you need clarification about bonus conditions, please contact us via LiveChat or email wish you profitable trading with FBS. All conditions are practicable which has been proven by numerous withdrawals. Please contact us via livechat or email if you need any clarification on bonus conditions.
FBS dares to give the best trading opportunities to its clients. FBS announces a grand update of its all-in-one trading platform FBS Trader. This brokerage app allows trading on the go from a mobile device using handy Forex tools from anywhere, any time. This time, the prevailing number of improvements refers to a traders’ dashboard and its convenience for the clients.
Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.In total, there are 11 tradeable indices on the FBS trading platform.Make the best of the high leverage and margins, and conduct trading on the go through the mobile app of FBS.However, always make sure to check with your payment provider directly in case any fees are waived, also depending on your country of origin.
The trader’s calculator then gives you the estimated profit for the trade based on your inputs. The broker claims that every day, thousands of new online trading accounts are opened. FBS boasts of millions of clients from over 190 countries across the world. With your account funded, you may now start trading via the FBS platform! You may also download the FBS trader app on your device to start trading.
The software is available for both iOS and Android smartphones, and it can be downloaded from their respective app stores. It is compatible with the MetaTrader platforms and may be used to fund and withdraw trading accounts. The trading app provides access to live quotations, charts, and data. The software makes it simple to initiate, modify, and close trade positions. FBS offers multiple flexible account types to meet the needs of different traders with different investment capital and trading strategies. They offer both variable and fixed spread accounts which is great and not something many other brokers do, CAPEX being another option.
Types of FBS Broker Accounts
The EU office of FBS mandates a minimum deposit of USD 100 for the Standard Account and USD 10 for the Cent Account. The international offices of FBS allow the users to make a minimum deposit of USD 1000, USD 500, USD 100, USD 5, and USD 1 for the ECN, Zero Spread, Standard, Micro, and Cent Accounts. The trading platform of FBS offers spreads that vary according to the regional boundary of the user and their trading account type.
This is in line with their approach to customer service as well. Clients can reach the customer service staff 5 days a week at any time of day through multiple channels. It is worth noting that FBS provides a large amount of educational material, as well as a free demo account, for their clients to help them navigate their trading careers. Each account type allows for a different trading experience including those with little to no experience with investing in any of the available instruments.
First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. Get a successful cent account to test a system and they will arbitrarily close it for no reason, maybe they d’ont want you to go live after all. International online Forex broker, FBS, together with Leicester City Football Club announced a brand campaign that aims to inspire people to reach new goals and new heights. Inspire With FBS & LCFC This brand campaign, Always By Your Side, was created to bring the idea of accessible trading. Definitely, FBS stands at a quality support level which is always good and necessary thought out all your trading process.
If you continue to level up, you have the opportunity to earn extra money worth up to $140. Because of its intuitive user interface, it is an excellent choice as a platform for newbies and those just starting out. You won’t have any trouble locating the essential tools or assets to get the job done.
All customers can choose between six distinct account types that vary in terms of leverage, minimum deposit amounts, starting spread levels and other features, as shown above. Both MetaTrader platforms allow for a wide range of leverage and trade execution without requotes. The full set of MT’s standard features are available, such as the use and implementation of expert advisors , micro-lot trading, one-click trading and an embedded news section. Technical analysis tools, including 50 indicators and charting tools with three types of charts, are at hand as well as the option for VPS service support. An FBS Standard Account is an account that offers traders access to a range of trading tools and features, including real-time streaming data, charts, news, and alerts. With a Standard Account, traders can make trades in a variety of currencies and commodities, as well as trade on margin.
That said, there are some truly amazing offers for new and existing clients from all over the world, and the list of promotions seems endless. The first offer is a 100% deposit bonus, which offers an unlimited bonus for each client’s deposit. We are not sure how the company can support unlimited bonuses, but there are no limits or time periods within which the bonuses have to be used. For full ECN conditions, you should opt for the Zero Spread account or the ECN account.
Regulation and safety of customer funds
Let’s get into a depthFBS broker reviewto enlighten you aboutFBS account type, deposit, bonuses, and more. Trading with FBS is now more comfortable using the FBS trader app. It is available for both iOS and Android users, allowing quick access for all traders in different countries. If you are trading with FBS, you can choose from two trading platforms, namely MetaTrader 4 and MetaTrader 5.
Traders can also use a bank wire, Neteller, Skrill, Perfect Money, YuuPay, OKPAY, FBS Asia Exchanger, and LaoForexBoard. MT4 and MT5 come with all the features that you need for Forex trading. As for MetaTrader 4, it analyzes financial instrument quotes through interactive charts as well as technical indicators. Users can also implement strategies at any level of complexity.
With electronic methods like credit cards, the money will be directly in your trading account. In addition, you can choose a free bonus to get even more money to trade with. Finally, kindly note that FBS works only as an intermediary when performing financial transfers.
An FBS standard account is a good way to minimize your risk and maximize your profits. This is because the minimum initial and subsequent deposit requirements are much higher. All trading accounts come with corresponding spreads that range from -1 pips to 3 pips. The spread value and type for each trader is according to the account type he has. The FBS minimum deposit will depend on the account type you choose, though it ranges from $1 to $1,000 in general. The lowest minimum deposit available is $1 which is on the cent account for IFSC traders.
FBS has collected 68 awards over the years since its inception. The regulation FBS site works in operation with a trustworthy and transparent team of brokers managed by FBS Markets Inc. The platform allows withdrawal in USD or EUR currencies through wire transfer VISA, Neteller, Sticpay, Skrill, Perfect Money, and Local exchangers. Verify the email address and then make instant deposits in the real account. For successful registration by new traders, it is necessary to submit government-issued ID proof documents for KYC verification.
Overall, FBS can be summarised as a trustworthy and credible broker that is very competitive in terms of its trading fees . FBS is considered low-risk with a brag-worthy volume per month traded on their platform. Based on the type of account, FBS has different commission rates.

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