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What is FBS platform? An overview of FBS

Are you learning about the FBS forex trading platform? Do you want to know what is FBS? Is it reputable and what are the account types on FBS? Please read the following article shared by Learn Forex Trading for detailed and accurate answers. This article will provide you with general information about FBS, its formation process, management agencies, reputation assessment, and supported account types.

What is FBS? Overview of FBS platform

FBS is one of the most reputable and strong forex trading exchanges in the world. FBS trading platform was founded in 2009 and currently has more than 16 million customers from more than 190 countries. FBS provides trading services for forex, precious metals, stocks, indices, and cryptocurrencies. FBS is also the official sponsor of FC Barcelona football club.

The formation process of FBS exchange

FBS was founded by a group of experts in the fields of finance and technology. Initially, FBS only operated in the Asian region, but later expanded to other markets such as Europe, Africa, and Latin America.

The platform has received many prestigious awards in the industry, such as:

Best forex trading platform in Asia (2010-2019)
Best forex trading platform Middle East (2011-2019)
Best forex trading platform in Indonesia (2017-2019)
Best forex trading platform in Thailand (2018-2019)

See more: Detailed instructions for FBS registration account

Regulatory agencies and certifications of FBS Forex platform

FBS trading platform is regulated by authorities and has a legal operating license in the countries in which it operates. Specifically, FBS is licensed by the Cyprus Securities and Exchange Commission (CySEC) with the number 331/17, by the International Financial Services Commission of Belize (IFSC) with the number IFSC/000102/124, and by the Financial Sector Conduct Authority of South Africa (FSCA). ) with number 48896.

In addition, FBS is also a member of the Financial Commission, an independent organization that resolves disputes in the financial industry.

Review: Is the FBS trading platform reputable?

FBS is a reputable forex exchange and is trusted by many traders. Some reasons to consider the FBS trading platform reputable are:

FBS has legal operating licenses and is managed by reputable agencies.
FBS has more than 10 years of experience in the industry and has served more than 16 million clients worldwide.
FBS offers flexible and favorable trading conditions for traders, such as high leverage, low spreads, no trading fees, no slippage, and no re-quotes.
FBS has many account types to suit a trader’s needs and experience level, from demo accounts for beginners to ECN accounts for professionals.
FBS supports many fast and safe deposit and withdrawal methods.
FBS has a professional and enthusiastic customer support team that can answer all traders’ questions 24/7 through many communication channels, such as phone, email, online chat and social networks.
FBS has many attractive promotions and bonuses for traders, such as giving bonuses when opening an account, refunding a percentage of transactions, giving away high-end cars and phones, and organizing trading competitions with big prizes. and many other offers.

Account types supported on what is FBS?

The types of accounts supported what is FBS are questions that many traders ask when participating in trading on the exchange. The platform offers many different account types to suit traders’ needs and trading goals. Account types supported on FBS include the following.

FBS trading demo account

FBS trading demo account is a type of account that helps traders get acquainted with the trading platform and test trading strategies without investing real money. The FBS trading demo account has the following characteristics.

No initial deposit required
Unlimited transactions
It is possible to open multiple demo accounts with different currencies
Leverage can be selected from 1:1 to 1:3000
Can trade over 35 currency pairs, 4 precious metals, and 2 crude oils
FBS demo account

Real account on FBS forex

A real account on FBS forex is an account type that allows traders to trade with real money and withdraw profits. Real accounts on FBS forex come in different types, depending on the initial margin, leverage, spread, minimum and maximum number of orders, and other factors. Types of real accounts on FBS forex include.

Cent account

Cent accounts are suitable for those who are new to trading or want to test low-risk trading strategies. The account has the following characteristics:

Initial deposit from only 1 USD
Leverage from 1:1 to 1:1000
Spreads from 1 pip
No transaction fees
The minimum order amount is 0.01 lot
The maximum number of orders is 200 lots
Can trade 28 currency pairs and 2 precious metals

Standard account

Standard account is the most popular account type on FBS, suitable for people with trading experience and want good trading conditions. The Standard account has the following features.

An initial deposit of 100 USD
Leverage from 1:1 to 1:3000
Spreads from 0.5 pips
No transaction fees
The minimum order amount is 0.01 lot (equivalent to 1000 USD)
The maximum number of orders is 500 lots
Can trade over 35 currency pairs, 4 precious metals, 2 crude oils, and 33 stocks

Micro account

Micro account is an account type for people who want to trade with small amounts and control risk well. The account has the following characteristics:

Initial deposit from only 5 USD
Leverage from 1:1 to 1:3000
Spreads from 3 pips
No transaction fees
The minimum order amount is 0.01 lot (equivalent to 100 USD)
The maximum number of orders is 200 lots
Can trade 28 currency pairs and 2 precious metals

Zero Spread Account

Zero zero-spread account is an account type for people who want to trade with a fixed spread of zero and have clear transaction costs. The Zero Spread account has the following highlights:

An initial deposit of 500 USD
Leverage from 1:1 to 1:3000
Spread is zero
Trading fees from 20 USD per lot traded
The minimum order amount is 0.01 lot (equivalent to 1000 USD)
The maximum number of orders is 500 lots
Can trade 35 currency pairs and 4 precious metals

ECN account

ECN accounts are premium account types for professionals who want to trade with real market conditions. ECN accounts have the following characteristics:

An initial deposit of 1000 USD
Leverage from 1:1 to 1:500
The lowest spread from -1 pip
Trading fees from 6 USD per lot traded
The minimum order amount is 0.1 lot (equivalent to 10,000 USD)
Unlimited number of orders
Can trade more than 25 currency pairs and 2 precious metals
Types of real accounts on FBS

See more: Instructions for FBS account opening on phone

Reasons why traders should choose what is FBS.

FBS is a reputable forex trading platform and has many advantages for traders. Reasons why traders should choose FBS.

FBS has legal operating licenses and is managed by reputable agencies.
FBS has more than 10 years of experience in the industry and has served more than 16 million clients worldwide.
FBS offers flexible and favorable trading conditions for traders.
FBS has many account types to suit a trader’s needs and experience level.
FBS supports many fast and safe deposit and withdrawal methods.
FBS has a professional and enthusiastic customer support team that can answer all traders’ questions 24/7.
FBS has many attractive promotions and bonuses for traders. Typically, the FBS welcome bonus gives a bonus when opening an account, refunding a percentage of transactions.

So the article on Learn Forex Trading has provided you with information to answer the question ” what is FBS ?” Hopefully, this can help you get an overview of the leading forex exchanges today. Thereby, it can help traders achieve fellowship on this exchange.