It is always hard to find a good broker without risking lots of money for making accounts on different websites to check. But when you read the reviews, you will be directed to the trading platforms that might change your overall strategy. Today, we represent you a broker to consider. Read our FBS reviews and see if this trading platform corresponds to your interests and preferences in the Forex world.
First of all, you need to know what an FBS broker is. FBS is not a common broker that is based and operates in a particular area. It is actually a typical international trading platform that has many offices alongside the entire world. The headquarters and the basic administrative centers of FBS are located in the Asian countries. Now, we take a look at some reasons why you should choose FBS:
Table of Contents
Regulations
FBS is regulated by the CySEC under the registration number 353534 and the IFSC with the license number IFSC/60/230/TS/18. This has given them a big reputation since they are supervised by the agencies with strong regulations, as well as benefit from increased security measures with regards personal data protection.
Reliability
Needless to say, the more trustful a broker has, the more chance that traders will choose them to cooperate with. The FBS broker has indeed managed to receive numerous awards for their services. The FBS broker has also been able to receive good FBS reviews from experienced customers on many websites.
Account Types
Nowadays, the best forex brokers 2019 offer different types of trading account to suit the varying levels of investment by clients. These types can be classified according to various aspects like the initial deposit or the minimum capital requirement. For FBS broker, it has four kinds of accounts.
Cent Account – This is perfect for beginners as it allows traders to gain real experience, but with minimal risk.
- Smallest place: $1, equal to Exness minimum deposit.
- Floating Spread
- No commission
- 1:1000 Leverage
- Market Execution
Standard Account – Which is better suited for traders with a little more experience, and those who are ready to test out their strategies.
- Minimum place: $100
- Floating Spread
- No commission
- 1:3000 Leverage
- Market Execution
Zero Spread Account – Traders be executed with no spread, which means a trader can get more familiar with market conditions, and how they affect trades.
- Lowest deposit of $500
- Fixed Spread
- Commission-free trading
- 1:3000 Leverage
- Market Execution
ECN account
- Least deposit of $1000
- Floating Spread
- Commission-free trading
- 1:500 Leverage
- ECN Execution
Commissions & Spreads
From the costs given by FBS, we know that it offers rival spreads and these spreads are suitable for the market. The fixed spreads have a smallest of 3 pips, meanwhile, the floating spreads have 0.2 pips.
Deposits & Withdrawals Ways
One aspect that helps the FBS become better is the payment methods for clients to choose. Only FBS brokerage offers over 70 ways to pay. We can list some of them such as the credit cards, e-wallet, and bank wire. We usually place money in USD or EUR, and if you are using a THB, it is still supported.
For withdrawals, there are lots of options we can think of. Don’t worry if you think there is no technique for you since the FBS offers the most basic ways. The transfer time is fast or slow, it is up to your method. For e-wallets technique, it is in a blink of an eye, and for credit cards technique, you have to wait a long time, maybe 48 hours.
Reward & Promotions
The FBS broker has some different bonuses that are suitable for various customers. They are the $50 greeting reward, the Reward 123, the 100% deposit reward. Furthermore, FBS has as well dealing program where a tradesman has a chance to get an iPhone X after trading.
Customer Support
The FBS broker provides customer support that is available 24/7. As you can guess by the international nature of the FBS platform, they are also provided at multiple languages. You can reach the FBS customer support representatives via phone call or through an email.
Continue to Exness reviews.
