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Verifying the Rumors FBS Scam Traders Are True

In the UK market, the FBS trading platform is an emerging name that many people know. Besides positive reviews and compliments from users, FBS cannot avoid bad rumors. Among them, FBS Scam is the information that has received the most attention recently. To find out the exact truth, let’s Learn Forex Trading Explore details in this article. 

Correcting FBS Scam rumors

Find out about FBS Scam rumors
Find out about FBS Scam rumors

Surely investors are all too familiar with an exchange being caught up in fraud rumors. And the FBS trading platform is no exception. To confirm this rumor, let’s learn a few things about FBS.

What is the FBS platform?

FBS is a Forex brokerage that has been established since 2009. FBS is the acronym for Foreign Exchange and Contract for Difference CFD. To date, the exchange has been in operation for more than 13 years. Not only known in the UK but also one of the familiar trading exchanges for international investors. 

Currently, the FBS UK trading platform is serving more than 23 million customers. There are more than 7000 trading accounts and these numbers are constantly increasing. Here, investors will be supported in making transactions with many types of accounts. Guaranteed to be suitable for both new and professional traders. 

FBS Scam Rumors

The appearance of rumors about FBS being a scam is no longer strange to traders when participating in trading. Because most international brokers when entering the UK market have encountered this problem at least once. 

However, in reality, all the reports that the FBS trading platform is a scam do not have clear evidence. This causes new investors who do not have much experience in trading to be misunderstood.

However, those who have participated in financial investments at FBS for a long time know that this is a reputable exchange. That’s why we can survive, develop, and climb to the top of the most prestigious trading exchanges in the UK market. 

See more: Detailed instructions for FBS registration account

Discover whether the FBS trading platform is reputable.

Based on what FBS has done up to now, it can be seen that the rumor about FBS being a scam is completely inaccurate. 

Where does the rumor that the FBS Forex exchange is a scam come from?

Many people ask the question, where does the rumor that the FBS Forex exchange is a scam come from? After researching, 3 main sources can be identified:

Origin of FBS Scam Rumors
Origin of FBS Scam Rumors

Tricks from FBS competitors

Currently, many people are interested in the field of financial investment. Therefore, many brokers quickly entered the UK market. 

FBS is one of the exchanges that participated early and received the trust of a large number of investors. This is what makes other brokers unable to attract much attention from users. 

Besides healthy competition tactics, many parties choose to spread FBS Scam rumors to cause the exchange’s reputation to be affected. But the false information was quickly quashed. 

FBS UK quickly stepped in to find the source and issued correction information immediately afterward. In addition, FBS also received support from longtime investors. This has caused false rumors to quickly fall into oblivion. 

Misunderstanding about the operating license of FBS in the UK

FBS is not licensed to operate in the country. However, this is the general situation of brokerage exchanges when entering the UK market. 

Currently, there are no specific regulations on Forex trading activities. So there are no certificates or licenses to issue to brokerage exchanges. 

But relying on this alone cannot prove FBS Scam. Although it does not have a legal certificate from the UK, FBS has been strictly verified and controlled by other international financial institutions. 

Therefore, investors can feel secure in participating in safe transactions right at the FBS forex brokerage exchange.

Sometimes, investors will encounter a situation where they cannot access the link to FBS. Causes may be due to:

  • Maintenance system.
  • The exchange converts to a new link. 
  • FBS platform has its links blocked by UK carriers. 

But this situation did not last long and FBS quickly handled it and came up with a suitable solution. The new access link will be updated and an email notification will be sent. 

Besides, investors can download the application on their phones to easily participate in transactions. So not being able to access the link to the exchange is just a simple error, it cannot be confirmed that FBS is a scam.

The information proving the FBS Scam is false 

To help investors feel more secure when trading on FBS. Please join us in providing evidence to prove that FBS is a reputable trading platform. 

Latest operating license of FBS Forex exchange

Currently, FBS is operating under the strict control of International Financial Services (IFSC) under number 119717 and CySEC under number 353534. Besides, FBS has also achieved many outstanding awards. 

  • 2011 received the Best Small Forex Broker of the Year Award.
  • Received the Best Forex Broker Asia Award 2012. 
  • Rated as the trading platform with the best MT4 program in 2012 and other awards. 

FBS has an investor protection policy

If you wonder if is FBS a good broker, you can refer to the details on protecting investors’ rights below.

  • Customer and property accounts will be kept separate. Do not use customer money for any purpose. 
  • FBS always maintains a minimum capital of 750,000 EUR. Ensure sufficient capital in all cases to fully fulfill contractual obligations arising from transactions from investors. 
  • In case FBS goes bankrupt, the exchange must be obliged to perform according to the contract. The insurance compensation amount is up to 20,000 EUR.

See more: Instructions for FBS account opening on the phone

These advantages prove that the FBS platform is reputable

Evidence proves that the FBS Scam is false
Evidence proves that the FBS Scam is false

FBS has many outstanding advantages that show that FBS Scam  is untrue:

  • The exchange always creates the best conditions for traders to deposit and withdraw money at the lowest cost. Processing time is quick and offers a variety of methods. 
  • Compared to other exchanges, FBS has a lower Spread index and an attractive commission percentage. 
  • The exchange provides many accounts for investors to freely choose to suit each person’s trading needs. 
  • A team of professional, enthusiastic, and thoughtful support specialists. Supports a variety of different languages, including English. 
  • FBS now has an office in the UK. Therefore, you can easily handle problems and answer investors’ questions as quickly as possible. 
  • Attracted more than 27 million investors in 150 countries. That’s why it achieved huge profits of up to 500 million dollars. Currently, 19 different websites have been built in each country to best serve customers. 

Conclude

Above are answers to FBS Scam rumors that are completely false. Hopefully, this article will help investors recognize false information and have an accurate view of FBS. Refer to Learn Forex Trading next articles for more latest investment news. 

Frequently asked questions

Besides questions related to FBS scam, there are a few questions that are frequently mentioned. 

FBS is regulated by which agency?

The answer is CySEC, which monitors all trading activities taking place on the exchange. Ensure safety for all traders when investing here.

Where is the headquarters of FBS?

Headquartered at 2118, Guava Street, Belize Belama Phase 1, Belize is a country located in Central America. 

Is FBS legal in the UK?

The answer is No, but FBS has been certified and guaranteed safe by international financial regulators. So traders can trade here with peace of mind.

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