FBS 2023 Results Review
Throughout 2023, FBS brokers strive to improve performance and provide the best service to customers。Here's a summary of its impressive work。
Throughout 2023, FBS brokers strive to improve performance and provide the best service to customers。Here's a summary of its impressive work。
2023 will be a challenging year for financial firms as they all race to win over clients, including FBS brokers。This multi-asset broker has been working hard and has proven its performance to meet the needs of both novices and professional traders。
FBS is a broker based in Australia, Cyprus, South Africa, Belize, United Kingdom and Nigeria。Regulated by ASIC, CySEC, FCA, FSC and FSCA - demonstrates its commitment to regulatory standards to increase customer trust。
To date, FBS has served more than 10 million customers in 190 countries and is said to have opened around 7,000 accounts per day.。No wonder FBS is one of the brokers that offers deposits as low as $5 and offers comprehensive trading features backed by educational services。
So, let's see how this broker performs in 2023。
Improved trading conditions
FBS brokers have significantly improved their performance in providing trading services to their clients。Here are some of the improvements FBS has made in trading:
Increased trading volume
Each year, FBS's annual trading volume has grown substantially。In 2023, FBS brokers successfully recorded more than $543,000,000,000 in annual trading volume at the end of the year.。
In one year, 2,500,000 new customers joined FBS。Currently, FBS has an impressive cumulative customer base of 27 million, with another 680,000 customers being IB partners.。
550 trading instruments
FBS has long offered a wide variety of trading tools on its platform.。FBS Traders Extend Trading Instruments to 550 Assets This Year。These assets include Forex currency pairs, metals, energy, indices, stocks and cryptocurrencies。
In the case of oil and gas CFDs in particular, FBS has reduced spreads by up to 30 per cent.。Provides advanced order execution capabilities from 0.Fast execution from 01 seconds。
By offering a variety of tools, FBS offers traders the opportunity to diversify their portfolios。If a market is unprofitable, traders can easily switch to other instruments。
Multiple options also create flexibility for clients to choose trading assets based on their personal style, strategy and preferences。Therefore, FBS can attract more traders, from beginners to experienced traders。
In addition, FBS strives to respond to changes and trends in the financial markets, ensuring that the needs of traders are met.。
More educational services for beginners
FBS is known as a beginner-friendly broker because it offers various forms of educational services。FBS analysts continuously monitor the market and provide the latest education。
Over the past year, FBS has significantly stepped up its educational activities.。These include webinars for novice traders and live trade fairs focusing on online economic events。
In addition, FBS generously shares more than 800 reliable trading signals on its Telegram account, with an impressive 76% success rate.。
Higher leverage
Highly leveraged trading is often sought after by traders as it allows for the creation of larger positions with greater profit potential。However, not many brokers can offer this service。
Most highly leveraged brokers are typically regulated offshore, which is often less secure than large regulators。The good news is that FBS now allows traders to use high leverage up to 1: 3000, which is the highest in the market.。
In addition, the broker has three of the world's six largest regulators, ensuring its safety is beyond doubt.。Order execution is also faster and more accurate。
However, this does not eliminate the risk of trading with high leverage。Traders still need to be cautious when using this feature。
More than 200 payment methods
Payment methods are equally important for traders。FBS knows that by offering a variety of payment methods, customers can have multiple deposit and withdrawal options。
This year, the broker, which is regulated by the Australian Securities and Investments Commission (ASIC), secured more than 200 deposit and withdrawal options for traders.。These include local bank transfers, credit cards, debit cards, Neteller, Skrill, FasaPay, cross-border wire transfers and more。
Providing various payment methods can improve customer satisfaction。If traders can conduct financial transactions in the most convenient way, they can create a more positive trading experience and build trust between FBS and customers。
Diversified payment methods also make it easier for brokers to reach customers around the world, and FBS has been very effective in this regard。
New Commission Payment System
Not only for traders, FBS has also strengthened its services to IB partners by introducing a new commission payment system, enabling them to obtain up to 43% spreads from their customers' trade orders.。
This will undoubtedly benefit both sides。Partners can enjoy substantial profits, and the broker itself has gained loyal partners。FBS is now one of the highest paid brokers for IB partners in the market。
Won 9 Global Awards
This year, FBS traders have successfully won nine prestigious awards, as follows:
- The Most Reliable Forex Broker Award 2023 from the International Finance Expo
- World Business Outlook's Best Forex Broker in Africa 2023
- World Business Outlook Magazine's Best IB Projects in the World 2023
- Southeast Asia's Best Customer Support Award 2023 by World Business Outlook Magazine
- Best Forex Broker in South Africa 2023 by Trader's Fair & Awards
- The best trading account for beginners in 2023 from FxScouts
- Global Brand Magazine Awards for Best Customer Support in Latin America 2023
- Best Islamic Forex Account Award 2023 from Dubai Forex Expo
- Best Financial Broker Award 2022-2023 from the Egypt Investment Summit
So far, FBS officially has more than 75 international awards, and may continue to increase in 2024。
Collaboration with the University of Leicester
In its third consecutive year of partnership with Leicester City FC and the high-profile 2023-2024 football season, FBS is proud to be an official partner and official training service partner of Leicester City FC。
This ongoing collaboration not only demonstrates FBS's strong commitment to supporting the club, but also adds a touch of passion to the upcoming football season.。
The striking FBS logo on the training uniform is not just a brand, but a visual testimony to the shared pursuit of success and close connection between FBS and Leicester City Football Club。
FBS Global Tour
This year, FBS organized an influential global roadshow, actively participating in the global financial, trading and foreign exchange expo。As a major sponsor, FBS has participated in six industry fairs from southern North America to Southeast Asia.。
FBS's booth hosts more than 10,000 dealers, serving as a hub for information exchange and networking。In addition to showcasing its services, FBS has facilitated expert dialogue, empowering the global trading community.。
This commitment underscores FBS's determination to stay at the forefront of industry development and engage directly with the trading community to ensure access to the latest insights and resources.。
Corporate Social Responsibility Activities
In 2023, FBS made significant progress in giving back and empowering local communities。Their corporate social responsibility activities span 10 countries in Africa, the Middle East and Asia, with a focus on education and poverty-related projects。
Through these efforts, FBS has helped more than 6,000 people and strengthened its commitment to social responsibility and community development.。Going forward, FBS remains committed to making a lasting difference in the lives of those in need.。
FBS 2024 Plan
In 2024, FBS will launch innovative products to enhance brand service and reliability。These new offerings are designed to redefine industry standards, provide traders with advanced tools and features, and enhance the trading experience。
FBS remains committed to empowering its global user base to ensure they have the cutting-edge resources they need to thrive in dynamic financial markets。This strategic move reflects FBS's determination to continually improve and innovate, cementing its position as a leader in online trading.。
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