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FBS Review6/3/2023
FBS Review FBS is a licensed worldwide broker with more than 13 years of experience and over 75 international awards. To get more news about fbs review, you can visit wikifx.com official website. The FBS CFD trading platform was founded in 2009 by investors who were interested in trading research and technical analysis. FBS provides global markets with transparent and trusted applications for more than 27M CFD traders. Today, FBS is an international brand present in over 150 countries. The brand unites several companies offering their clients opportunities to trade Margin FX and CFDs. The companies include FBS Markets Inc. (licensed by IFSC), Tradestone Ltd. (licensed by CySEC), Intelligent Financial Markets Pty Ltd. (licensed by ASIC), and TRADE STONE SA (PTY) LTD. (licensed by FSCA). FBS traders can access different financial markets as well as learn trading using educational materials, videos, webinars, and articles on the FBS website, in the apps, and social media. Matched with an expansive selection of account types and extras, FBS capably welcomes and helps to nurture every type of trader. Who Is FBS Recommended For? A plethora of account types helps to adapt FBS and its services to nearly any trader, both for beginner and pro traders with different requirements. By creating a friendly, highly educational, and cost-effective trading environment that’s easy to access, FBS has established itself as a broker willing to invest in the success of its less experienced clients. Video tutorials, forex guidebooks, webinars, eBooks, and analytical seminars are free for members to enjoy. It should also be noted that FBS runs frequent promotions that help introduce traders to new markets and concepts and reward them for their participation (for the regions under IFCA and FSCA regulations only). Top FBS Features Favorable Spreads and Commissions: Only three of six possible account types at FBS (IFCA and FSCA) have commissions, the rest do not. ECN and Zero-Spread Account holders will pay $20 per lot and $6 per lot in commissions, respectively, and these accounts exhibit the lowest possible spreads. The Zero-Spreads Account is aptly named with a 0-point fixed spread, while the ECN account offers a floating spread from -1 point. As for Crypto account holders, their commission is 0.05% for opening and 0.05% for closing positions with the floating spread from 1 point. In the regions under CySEC and ASIC regulations, FBS accounts have no obligatory commission, except commissions that may be charged when trading some instruments. Leverage Up to 1:3000: For the regions under IFCA and FSCA regulations, leverage on the Standard, Micro, and Zero-Spread accounts runs up to 1:3000, which is among the highest in the world. All other accounts have leverage of up to 1:1000 except the ECN account, which offers up to 1:500. For the regions under ASIC regulation, leverage is up to 1:30, while for the EU and UK, it’s up to 1:500 for a Professional category. Effortless Deposits and Withdrawals: With a healthy variety of payment types, including bank cards, wire transfer, Skrill, Neteller, Rapid Transfer, STICPAY, Perfect Money, crypto wallets, local banks, local payment systems, and local exchangers, clients can deposit and withdraw their funds quickly. Effective Customer Support: Customer support is available 24/7 in English and 20 other languages via methods including email, phone, call back, live chat, and social media. The FBS customer service team is committed to customer success, helping traders, both new and experienced ones overcome any obstacles they encounter. FBS Compliance & Regulation FBS is split into three separate entities in order to properly regulate each for different markets. FBS Markets Inc. is registered in Belize and regulated by IFSC and FSCA to be able to provide safe and compliant trading to several jurisdictions outside the EU, the UK, and Australia. In the EU and the UK, FBS is operated by Cyprus-based firm TradeStone Ltd.— which is itself authorized and regulated by CySEC, license number 331/17, and can provide passport brokerage services to countries across the EU and the UK. FBS keeps a tight grip on the scope of its activities and offers to satisfy the strict requirements of these regulators, and in the case of CySEC, it even covers traders with the investors’ Compensation Fund (ICF) scheme. This means that besides providing a stable and safe trading environment, traders would be compensated by up to €20,000 if the company becomes insolvent. In Australia, FBS is operated by Intelligent Financial Markets Pty Ltd, authorized and regulated by the Australian Securities and Investments Commission – AFS, license number 426 359.
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