Advantages and Disadvantages of FBS
Founded in 2009, FBS currently serves millions of customers from 190 different countries.。In the market, the broker managed to win the hearts of 13 million traders and gain the trust of 370,000 partners from various countries.。
Founded in 2009, FBS currently serves millions of customers from 190 different countries.。In the market, thisForex Brokersuccessfully wonThe hearts of 13 million traders, trusted by 370,000 partners from all countries。
FBS Holdings, Inc., also known as FBS Broker, is a Belize-based online forex and CFDsForex BrokerThe company is inEstablished in 2009, it is a regulated company under the strict supervision of Belize's International Financial Services Commission (IFSC).Forex BrokerThey are also registered from CyprusAdditional license from CySEC, license number 331 / 17。
According to their statement,FBSForex BrokerEvery day will add about7000 new trader and partner accounts。Thanks to the explosive growth in the number of customers, no wonder thisForex BrokerThe development is so rapid。
FBS frequently wins international awards。For example, FBS currently has several awards such as Best in Asia Pacific 2015.Forex Broker,The most transparent in Asia in 2018Forex Broker,Best Copy Trading App in the World 2018, Europe's Most Enterprising Forex 2019Forex BrokerWait.。
for foreign exchange transactions,FBS offers up to 1: 3000 leverage。As for spreads, FBS offers two options for adapting to each trader's different trading strategies: floating spreads (from 0.Starting at 2 o'clock) and fixed point difference (starting at 3 o'clock)。
FBSForex BrokerType of account
Select inFBSForex BrokerOne of the main reasons for trading is the minimum requirements for entering the market。FBS sets minimum deposit required to open an account as low as $1。Small traders have two options to open an account, including a Cent account and a Micro account。The Cent account has a starting deposit of only $1, while the Micro account has a slightly higher starting deposit of $5。
In addition to the very small amount of initial deposit, both accounts provide you with a reasonable spread。The Cent account provides a spread starting at 1 point, while the Micro account has a fixed spread starting at 3 points。The maximum leverage offered by the two accounts is different。The Cent account has a maximum leverage of 1: 1000, while the Micro account has a maximum leverage of 1: 3000。
For new forex traders,The Cent account is clearly the most valuable option because of its low transaction costs。Conversely, the Micro account has a fixed spread of 3 points, which is higher than the market
Today's averageSpreads for Micro accounts。Traders with higher deposit amounts (for example, about $100) can take advantage of the Standard account, which has all the characteristics of a Micro account, with tighter spreads of 1 point。
FBSForex Brokeralso provide aECN account, they present it as a zero spread account。This means that traders who open this type of account can enjoy a spread of 0 points, but pay a commission of $20 per lot.。The minimum deposit required to open an ECN account is $500, while the leverage is set at a maximum of 1: 3000。
FBSForex BrokerThe last type of account is called an unlimited account.。This type of account is usually reserved for institutional and professional traders only。The maximum leverage is1: 500, float spread as low as 0.2 points。No commission, initial deposit starts at $500。In our opinion, the unlimited account is in FBSForex BrokerThe best type of account to open because of its fast trade execution, low transaction costs, favorable trading conditions and relatively low leverage。In addition to these existing accounts,FBS also comes with a demo account。
FBS uses MT4 and MT5 trading platforms to access the Forex market on desktop and mobile devices。FBS's trading platform is connected to a high-speed server, and mobile platforms can download MT4 applications on the AppStore and Google Play。FBS traders can also use MT4 web traders for easier internet browser access。
Now we all know aboutFBSForex BrokerThe situation we listedFBSForex BrokerThe advantages and disadvantages to help you decide whether you need to start todayFBS opens trading account。
FBSForex Brokerthe advantages of
Offer non-commission trading
more favorable transaction costs are low。If a person is only charged for spreads and no commission, then this is certainly better than charging both spreads and commissions。in this case,FBS offers a favorable condition, traders only need to trade low spreads。
ProvideECN Account
Just becauseFBS is a Forex for retail tradersForex Brokerdoes not mean that it cannot provide something likeProfessional trading conditions such as ECN specifications。In fact,Forex Brokerhas been providedECN account for several years, no trading restrictions and $6 commission。The spread is also super competitive because it provides from -1 point。
can be inTrading on MetaTrader 4, MetaTrader 5 and FBS Trader。
diversity of platform transactions is an important parameter that indicates theForex Broker
Commitment to provide customers with the best trading tools。in this regard,FBS is considered the leading Forex offering optional platformForex Broker一个。And the best part is,FBS's trading platform is available on various types and devices。
FBS CopyTrade available to traders and investors。
Another advantage of FBS is the internal CopyTrade application they provide。This application allows traders to copy the trading strategies of professionals。Copy trading will be very beneficial for busy traders who do not have much time to analyze market conditions。
Luxury bonuses and promotions
FBS offers traders many luxurious bonuses and different promotions to easily beat the rest of the marketForex BrokerBonuses and promotions offered。在在FBSForex BrokerOne of the most popular promotions in is the No Deposit Bonus。Even if you don't have the money to invest, you can stillFBSForex BrokerStart Trading Forex and CFDs。It is directly available for customers to trade on their account。
Fast customer life chat service
FBSForex BrokerAttaches great importance to customer service as a way to attract new customers and maintain their loyalty。They have also expanded their services to reach a global audience by offering on-site support in a variety of languages to complement their penetration of markets in other countries.。
FBSForex Brokerthe disadvantage of
Limited amount of trading assets
FBSForex Brokerindeed providedAn extensive list of the 78 most popular assets, ranging from forex to stocks and CFDs。Cryptocurrencies are also available in FBS。In the latest update, you can find 28 pairs of Forex pairs on the platform, including major and minor pairs as well as 9 exotic pairs, 5 metal assets, 3 CFDs, and 33 U.S. stocks for you to trade.。However, if otherForex Brokercomparison, asset provision is actually quite limited。
Trading Countries and Regions
due to the legal restrictions of a particular country,FBSForex BrokerCustomers from the following countries are not allowed: United States, United Kingdom, Japan, Israel, Canada, Brazil, Myanmar, Malaysia, and the Islamic Republic of Iran。Restrictions may be partial, such as restrictions onFBSForex BrokerLimited access to several features and products, to comprehensive restrictions such as any access to the platform itself。If you need to find a trading broker in a designated country, you may need to look for aForex Brokercan operate in specific countries.。
Although eachForex BrokerAll have their advantages and disadvantages. In general,FBS is worth a tryForex BrokerIf you are a novice or a skilled trader, you canFBS find what you need。Meanwhile, FBSForex Brokerhave their own weaknesses, such as a limited range of trading assets and services, which may have an impact on the choices of certain traders。However, in terms of low transaction costs, strong trading platforms, and excellent customer service,FBSForex Brokeris worthy of our recommendation。
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