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FBS Review 2023: Is FBS Broker Legit or Scam?
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FBS Review 2023: Is FBS Broker Legit or Scam?
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. One need not have exorbitant capital at their disposal to start with the best forex pairs, commodities, and other assets, as the brokerage company of FBS offers ideal leverages and margin call. 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.To get more news about fbs review, you can visit wikifx.com official website.
What Is FBS?
The online brokerage platform of FBS allows access to international markets for trading in CFDs and forex. Established in 2009, FBS is governed by Tradestone Limited and secured by the Cyprus Securities and Exchange Commission (CySEC), which means that the broker is registered by Cyprus, according to the company’s customer agreement of the company reserves.The international offices of the FBS are regulated by the IFSC (International Financial Services Commission) of Belize and operated by FBS Markets Inc. Headquartered in Cyprus, a transparent broker firm of FBS is associated with more than 17 million traders from 150 countries across the world.
The most preferred forex company, an FBS broker, offers access to the MetaTrader platforms to enable trading and investment in foreign exchange, metals, energy commodities, stock trades and shares, cryptocurrencies, and indices. WBO, an international business magazine, has also named FBS as its top choice for the ‘‘Best Customer Service Broker Global 2022’.
Features of FBS
The official trading partner of FBS is FC Barcelona. Apart from being the trading partner of FC Barcelona, the site is also a partner of Leicester City. The features of the trading platform of FBS are described in a nutshell below:-Trading Platforms
The non-dealing broker system of FBS and the FBS copy trade apps enable the rapid market execution of trading orders. Post registration and login, the website of FBS allows the users to access two types of MetaTrader trading platforms (mt4 and mt5) for trading and investment in a wide range of assets.MetaTrader 4
The MetaTrader 4 broker of FBS is a regulated and highly advanced site. It is easily available for download and installation on the devices of the users. The trader may access the MetaTrader 4 platform for the following reasons:-
MetaTrader 5
The trading platform of MetaTrader 5 has been recently integrated with the website of FBS with an aim to diversify the portfolio of registered investors. In mt4 and mt5, the MetaTrader 5 is an upgraded version of MT4 that offers all the services of the latter, along with additional services, as listed below:-
Trading Fees
The trading platform of FBS offers spreads that vary according to the regional boundary of the user and their trading account type. For the EUR USD pairing, the user is provided with a fixed spread of 3.0 pips for the Micro Account, 0.0 pips for the ECN and Zero FBS Accounts, and 1.1 pips for the Standard and Cent Accounts.The same spread value becomes 0.7 pips for the Cent and Standard Accounts in the European Union. It seems from the review FBS , that the spreads are pretty competitive with the Zero and ECN Accounts.
The international offices of FBS impose a fixed commission charge of USD 6 per lot at the ECN Account and USD 20 for each lot at the Zero Account. The offices charge USD 25 for CFD trading and USD 3 for trading in stocks and shares. The crypto brokers charge a nominal commission fee of 0.05% for opening and closing positions in digital currencies at crypto markets.
The trading platform of FBS imposes an FBS overnight fee, along with a cancellation fee of USD 5 for each transaction that is made on the basis of the price latency. If a trading account stays inactive for more than 180 days then the platform charges a monthly penalty fee of USD 5 and this is one of the ways in which FBS makes money from the trade.