FBS Broker Review How Does This Forex Broker Rank?
Contents
FBS makes use of TLS, which stands for “transport layer security”, to protect the confidentiality of every one of its customers. All of the client’s financial and transactional details are kept secure by this technology. Hackers and other unauthorized third parties are prevented from obtaining critical information as a result. In case of an issue, a client that has made their deposit via credit card can file for a chargeback, and the chances of receiving your funds back are relatively high. The compensation scheme is a fail-safe in the finance world which ensures that, in the case, the broker runs into an insolvency issue, the clients’ investments remain protected.
The broker does not interfere with the trading conditions, apart from matching orders internally or passing them to the liquidity providers. Generally, the trading experience was quite positive, and we give full credits to the broker for the way it has integrated the MetaTrader terminals into its brokerage portfolio. On the research front, FBS again uses its in-house team for most of their research tools.
For instance, traders from the EU can make an FBS deposit using Visa, MasterCard, Maestro, wire transfer, Skrill and Neteller. However, for international traders, additional FBS deposit options such as PerfectMoney, SticPay and Bitcoin are available, but at the expense of a bank wire transfer. Instead, it uses local money exchangers, a method we don’t trust. Therefore, we recommend that our readers use their e-wallets or cryptocurrency accounts to deposit funds and use local exchangers only if all other options are unavailable. First, we would like to inform you that the CySEC-regulated version of FBS does not offer any promotions or bonuses. Therefore, traders from the EU do not qualify for any FBS international brokerage bonuses.
MetaTrader 4
Depending on which trading platform you plan on integrating with your FBS platform, your experience may vary in terms of trading. However, the overall experience of using FBS with the versatility of different accounts remains the same. One of the most important things to take note of when it comes to fees in the platform is the FBS spread.
The very last thing you need to do is authenticate your account. You may do this by sending them an image of your passport or any other form of identification issued by the government through email. In order to verify the information that you provided, they will also ask for a power bill or a bank statement from you. Once it decreases or increases by 10%, immediately close your trade.
You are looking for experiences withonline brokerFBS MarketsInc.? FBS is a regulated brokerage offering online trading on a limited amount of Forex and CFDs via the MetaTrader platforms. They also provide a range of trading tools, market analysis and educational materials.
Bonus & Promotions
Professional traders can conduct trading in gold and silver in exchange of USD currency. For silver, the lot size is set at 5000, whereas for gold the lot size is set at 100. The minimum spread lies between 10 and 20 and the typical spread is 30. The users of FBS are provided with seamless access to an extensive variety of markets to allow trading in a broad spectrum of financial assets. In addition, FBS provides a trading incentive referred to as the “Level Up” bonus. If you make a profit while trading consistently for 20 days, you will advance to the next level.
- Navigating these platforms is a very intuitive and customizable experience.
- Is still a relatively new form of currency, and as such, there are many different types of cryptos out there.
- The primary regulatory organization of FBS is IFSC in Belize, which many considered as a disadvantage of the Forex broker.
- With the app, live quotes, charts and statistics can be accessed.
It does this by offering amazing trade measuring tools, such as Trader’s calculator. Once the beginner is more familiar with the platform, they can start investing real money by getting a Cent account or a Micro account. The FBS spread for the former is a floating spread from 1 pip while the FBS spread for the latter is a fixed spread from 3 pips.
Trading fees – How much does it cost to trade
However, we would like to remind you that the mentioned time is average. It means it might take longer for the payment system to process the transaction. Same thing happened to me when I asked them to send funds to my mastercard they asked me to photo card both sides to confirm, by the way they was cheater.
FBS is authorised and regulated by Top-Tier Cyprus Securities and Exchange Commission . Negative balance protection and segregated clients’ funds also provide a comparatively safe environment fbs broker review for traders. This is the mobile trading platform from FBS for trading on the go. The app is designed for iOS and Android devices and can be downloaded from their respective app stores.
A wide range of account options, with the minimum FBS deposit starting at just $1. This could be a concern to some traders who prefer the more firm and established regulation of CySEC or ASIC. FBS customer service is available on a round the clock basis. They are contactable through email; the website based live chat function, or their dedicated call-back service. Simply input your phone number, and desired time of contact, and an agent will call you back. The same details are required and you can start trading for real.
Live your dream with FBS, participate by sharing your dream on Facebook and tag 2 friends. Please get in touch with us at email if you face any issues or difficulties. I’m glad it’s just a small amount but still made me stopped trading using this broker. Forex calculators can also be used to create a trading plan.
Withdrawal Fees
The international offices of the FBS allow the users to open ECN, Zero Spread, and Micro Accounts. Are you a small-town trader or a professional with big dreams? Do you wish to make it big in the industry of online trading and investment objectives? If yes, then it is now time to gear up for the best online trading experience ever. FBS, an online platform, is designed to enable trading in a wide range of assets. Read the FBS review one click trading and non dealing desk to know more about the best forex broker site of the FBS trading platform today.
FBS level up bonus account is fake, don’t get fooled by them, it is fake. I did everything according to their terms and conditions but they say otherwise. I made 140 $ profit, completed 5.00 https://forex-reviews.org/ lots but they won’t give me profit. Forex tools are essential to have a smooth trading experience and boost profitability. Therefore, brokers offer different trading tools for their clients.
FBS Research
New traders may now start trading and investment and withdraw money from the spreads account. The platform allows the user to increase the amount of the Level up bonus account offer by using the FBS Personal Area app, up to about USD 140. It is advised to read the bonus account settings, claim description, broker terms, and conditions thoroughly before claiming the broker offers. The trade platform of FBS is currently offering quite a few attractive bonuses and promos to registered users. The user has to open a forex trading account to secure the Level up bonus amount of USD 70. A non-dealing desk system, often known as an NDD, is used by the organization to facilitate the efficient and smooth execution of trades.