FBS is one of the popular foreign exchange (Forex) trading platforms in the international financial market. FBS’s rapid growth and the appeal of the foreign exchange market. This exchange has attracted many investors from all over the world. Learn Forex Trading will help you learn in detail what FBS is and evaluate whether is FBS a good broker based on many of the following criteria.
What is FBS?
What is FBS? What is a long-standing name in the financial brokerage field, having built a strong reputation over many years of operation. They not only focus on marketing activities but also bring many significant benefits to customers.
FBS is known for its low spreads, competitive commissions, and accurate quotes up to 5 digits for all accounts, helping to ensure transparency in trading. They provide a variety of trading products such as Forex, Indices, Stocks, and Precious Metals, and support leverage up to 1:3000, creating favorable conditions for investors.
With more than 13 years of experience, the FBS trading platform has a strong position in the Asian financial market. They have developed more than 19 country-specific websites, meeting the needs of local users. Figures show the popularity of FBS with more than 7,000 new trader accounts created every day and retention of more than 80% of old customers. In particular, 48% of customers see profits from FBS as an important part of their income source.
General information about the FBS platform:
- Year of establishment: 2009
- Regulator: IFSC
- Trading platform: STP & ECN
- Minimum deposit: 1$
- Spread: From -1 pip
- Trading platforms: MT4, MT5, FBS Trader
- Support languages: English, UK
See more: Detailed instructions for FBS registration account
Detailed assessment is FBS a good broker
Below are the most accurate criteria for evaluating is FBS a good broker :
Evaluation is FBS a good broker based on its operating license
FBS operates under the supervision and licensing of IFSC (International Financial Services Commission) with license IFSC/000102/310. IFSC ensures the management and supervision of FBS operations in compliance with the international legal framework, to best protect the interests of customers. This increases trust and ensures transparency in trading at FBS.
Rating is FBS a good broker based on awards
We can evaluate whether is FBS a good broker based on the awards. FBS has recorded more than 70 international awards since its inception. Some outstanding achievements that FBS achieved include:
2020:
- Award “Best Forex Broker Asia.”
- Award “Best Forex Broker LatAm.”
- Award “Best Forex Broker.”
2019:
- Award “Most Progressive Forex Broker Europe.”
- Giải “Best Forex Broker Europe.”
- Award “Best Forex Broker UK.”
- Giải “Best Trading Service in the UK.”
- Award “Best Broker in Malaysia.”
2018:
- Award “Most Transparent Forex Broker – 2018.”
- Giải “Best Copy Trading Application Global 2018.”
- Giải “Best Investor Education 2017.”
- Award “Best FX IB Program – China 2017.”
2017:
- Award “Best Broker Southeast Asia 2017.”
- Award “Best FX Broker Indonesia.”
- Awarded “Best FX IB Program.”
- Award “Best Forex Broker in Thailand 2017.”
2013:
- Award “Best Exchange.”
Year 2012:
- Award “Fastest growing Asian broker.”
- Awarded “Best MetaTrader 4 Program.”
2011: Award “Best Small Forex Broker.”
2010: Awarded “Best Small Forex Broker.”
Evaluation is FBS a good broker based on customer service service
FBS is a professional trading platform and provides dedicated support for UK traders. They have built a separate website for the UK market and have a friendly and UK-speaking customer support team, helping UK traders feel secure when trading at this exchange.
If you need support, you can contact FBS through various channels, including live chat on the website or through applications such as Telegram and Messenger. You can also use WhatsApp at +7.904.556.52.42 or email support@fbs.com. Even contact via the FBS UK Facebook page or leave your phone number to request a callback.
To ensure the best customer experience, FBS regularly organizes seminars and events, providing free materials and the latest investment strategies on the foreign exchange market to support their traders. Through this, we can also see if is FBS a good broker.
Identify is FBS a good broker based on deposit and withdrawal transactions
FBS has understood that supporting multiple payment methods is important for its participants. Therefore, you have many options for deposits and withdrawals, including:
- Bank transfer: FBS supports popular banks such as Vietcombank, Vietinbank, and Eximbank.
- Visa/Mastercard: You can use Visa or Mastercard to make transactions.
- E-wallets: FBS offers e-wallets such as Perfect Money, Stick Pay, Skrill, and Neteller.
Processing time for transactions at FBS is also very fast. When you deposit money via e-wallet or Visa card, it will be processed immediately. For transactions via bank transfer, processing time is 15-20 minutes (maximum 48 hours).
When you want to withdraw money, via e-wallet it takes up to 48 hours, while via Visa card or bank transfer, it can take 5-7 days. FBS guarantees that your financial transactions will be carried out quickly and efficiently.
Through the above information, we can see that is FBS a good broker. It can be said that FBS is one of the reputable and trustworthy trading platforms on the market, providing a quality FBS MT5 trading platform. This fully reflects that the information about the ” FBS scam ” is inaccurate and not confirmed.
Some other information about the FBS trading platform that traders should know
Below is information about the structure and trading products of FBS as well as trading costs at FBS:
What is FBS’s operating structure?
FBS is an international brokerage company in the financial markets. FBS’s operational structure includes providing a platform and tools for traders to access and participate in the financial markets.
FBS is an intermediary between investors and the financial market, allowing them to buy and sell various financial products such as forex, indices, stocks, precious metals, and many others.
See more: Instructions for FBS account opening on phone
What are FBS trading products?
FBS offers a wide range of trading products to investors, including:
- Forex: Trade international currency pairs, such as EUR/USD, USD/JPY, and many more.
- Indices: Trade on global market indices such as S&P 500, Dow Jones, and Nasdaq.
- Stocks: Trade stocks of famous companies on the stock market.
- Precious Metals: Trade and invest in gold, silver, and other precious metals.
- Other financial products: Additionally, FBS may offer other trading products such as oil, gas, and other financial assets depending on the market conditions and your trading account.
What are FBS trading products?
Commission fees and Spreads of FBS trading platform
FBS is a trading platform with many account types to suit the needs of traders:
- Cent account: This is a suitable account for those who want to experiment with small amounts of money. There are no commissions and there are fixed or floating spreads, your choice.
- Standard account: This account has no commission fees and has fixed or floating spreads.
- Micro Account: Micro Accounts are commission-free and offer Spread options.
- ECN accounts: For ECN accounts, you will have to pay commission fees. But Spreads are often lower and can even be negative, from as little as -1pip.
- Zero Spread Account: This account type also requires a commission fee, at a rate of $20/lot. However, Spread here is maintained at the lowest level.
Epilogue
It is important that before you decide to invest in FBS, do your research and carefully review information and reviews about whether is FBS a good broker from reliable sources such as Learn Forex Trading. This helps you make wise investment decisions and ensure your financial security in this volatile financial market.
FAQ
Does FBS support the UK language?
FBS provides UK language support for traders in the UK through its official website. The customer support team can communicate in the UK. This helps UK traders feel comfortable and easy to interact with the FBS trading platform.
Is FBS stable in the UK market?
FBS has been present in the UK for a long time and has its website. They maintain a large customer base in the UK and provide support in the UK. At the same time, regularly organize events and training programs for the UK trading community.
Does FBS offer mobile trading applications?
FBS offers mobile trading applications for both iOS and Android operating systems. This allows users to trade on their mobile devices at their convenience. At the same time, they can monitor and manage their trading accounts anytime and anywhere.
