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FBS

Open an account now ⇒ FBS

What are the characteristics of the forex broker FBS?

FBS is a global forex broker with a range of characteristics that cater to various traders. Here are some of the key features:

  • Established: FBS was founded in 2009 and has grown rapidly since then1.
  • Regulation: It is regulated by the International Financial Services Commission (IFSC) of Belize2.
  • Account Types: Offers six different types of accounts, including ECN and cryptocurrency accounts, to suit different trading styles and preferences1.
  • Leverage: Provides high leverage options, up to 1:3000, allowing traders to trade larger positions with a smaller capital base2.
  • Trading Platforms: Supports popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are familiar to many traders2.
  • Trading Instruments: While FBS offers a limited number of currency pairs compared to some other brokers, it includes the most popular pairs and allows trading in various other instruments1.
  • Bonuses: Offers a 100% deposit bonus and has cashback campaigns, although these are not available for ECN accounts1.
  • Risk Management: Implements a zero-cut system and maintains a low stop-out level at 20%, providing a safety net for traders1.
  • Payment Methods: Provides over 200 methods of payment, ensuring flexibility for traders worldwide3.
  • Customer Support: Known for excellent customer support and services in multiple languages2.

It’s important to note that while FBS offers many advantages, it is considered an offshore broker, which may affect the level of trust some traders have in the platform. Additionally, the product portfolio is limited to CFDs, which might not be suitable for all traders4. As always, it’s recommended to review the broker’s terms and conditions and consider your own trading needs and experience when choosing a forex broker. The information provided here is based on the latest available data as of May 2024.

FBS deposits and withdrawals method.

Here’s a table summarizing the deposit and withdrawal methods for the forex broker FBS:

Method Deposit Withdrawal Fees
Credit/Debit Card $1 commission1
Bank Transfer Varies
Skrill 2%, $1 min – $30 max1
Neteller 2%, $1 min – $30 max1
Sticpay
Perfect Money
Local Exchangers

Please note that while deposits are free of charge, withdrawal fees vary depending on the method used2. The information provided is based on the latest available data, but I recommend checking the FBS website or contacting their customer support for the most current details.

FBS how to open an account.

Opening an account with the forex broker FBS is a straightforward online process. Here’s a step-by-step guide to help you through it:

  1. Visit the FBS Website: Go to the official FBS website to start the registration process1.
  2. Choose the Account Type: Select the type of account you wish to open, such as a Standard, Cent, Micro, Zero Spread, or ECN account1.
  3. Registration Form: Fill out the registration form with your email and full name. You can also register using your Facebook, Google, or Apple account2.
  4. Select Trading Platform: Choose between MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms1.
  5. Set Account Currency: Decide on the base currency for your account, like USD, EUR, or JPY1.
  6. Choose Leverage: Select the leverage ratio you prefer, keeping in mind that it varies based on the account type1.
  7. Verification: Verify your identity by providing a copy of your ID or passport and a proof of residency, such as a utility bill or bank statement3.
  8. Confirmation: After submitting the required documents, wait for FBS to review and verify your application. This typically takes about one day3.
  9. Deposit Funds: Once your account is verified, you can deposit funds and start trading3.

Remember, the exact details may vary slightly, and it’s always best to check the latest information directly from FBS’s website or customer support to ensure you have the most current instructions.

Open an account now ⇒ FBS
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