Read our FBS review and learn why we recommend this broker for online trading. FBS is a great trading platform that offers features and services that suit traders from different backgrounds.
A broker must be chosen wisely when it comes to online trading since there are plenty of things to keep in mind. FBS is a fully authorized online trading platform that continues to develop further. This FBS review will tell you everything you’ll need to know before you join. Even though trading instruments are limited at FBS, better transparency can be achieved by signing up with European entity. It has been active for several years and has a stable trading atmosphere along with good training conditions.
FBS comes with several pros and very few to no cons. It is available in several languages, is easy and convenient to learn, and there are no restrictions present on strategies. You can copy technical trade and technical indicators.
FBS has also received over 60 international awards which prove its transparency and dedication to achieving customer satisfaction. Many people may be concerned if the broker they use is a scam, but FBS is surely not. It is a huge brand name used by Tradestone Limited. By using FBS, you are protected from scams as they use a segregated account for their client’s funds so they are kept safe and there are strict rules for money protection. If the broker’s insolvency issue occurs, the Compensation Scheme helps resolve it since FBS falls under it.
Along with that, FBS provides three different account types, i.e. Standard accounts, Crypto accounts, and Cent accounts, which have a lower risk and less complicated instructions, making them perfect for new traders. To add to that. International traders have the advantage to choose from 6 different account types, out of which they can get a demo or live usage, which allows users to make better decisions on which account may work best for them.
Signing up itself is not a complicated process. It simply involves entering parameters and using a code sent to your email making to move forward. Next, you just input your required account type and add proof of your details and you’re done.
The fees rates offered by FBS are totally reasonable if you consider overnight fees, inactivity fees, and withdrawal fees (if needed). Their pricing is built into spreads which vary depending on the account types, but fees for international accounts will differ since there are ECN accounts. Overnight fees are also applied to FBS and they should be counted on if you perform a swing strategy.
Moreover, FBS offers over 100 payment systems and shows the most used and convenient ones. There are several deposit options available at FBS and include the most common ones like Crypto wallets. The minimum cent account deposit is 10$ and the minimum standard account deposit is 100$. However, the initial deposit is only 1$ for crypto account users. Usually, FBS will process money withdrawals within a couple of business days, but they do allow extra processing time for the payment provider.
Another reason why FBS is so convenient is that it is included in web trading. Web trading is easier because you won’t need to install any applications and it is easily accessible through the internet if you just log in. It is extremely quick and simple to find your way around the website and find appropriate features. FBS can be accessed on iOS, Android, PC, or even MAC which makes it available when needed.
Furthermore, FBS is determined to satisfy its customers. The customer support staff is available 24/7 so any problems to occur can be solved as soon as possible. The hired professionals give accurate and quick replies to any queries customers may have regarding the app and they can be reached out to through live chat, phone lines, emails or even social media platforms. FBS was actually a client-oriented broker which shows they put their customers’ needs first.
FBS has also organized educational programs and a good amount of material to increase trading ability and enhance knowledge about this market. You can find various guidebooks, tips, and video lessons. They are well organized and easy to learn.
To conclude, with their wide range of account options, tools and fast customer service, FBS is a broker that you will definitely enjoy trading with and they will surely make trading a better, easier and more convenient experience, despite your experience.