My start trade with FBS was in 2011. At that first, I didn’t stay with the for long regarding to the high spread and slippage, and slow execution. It was just few months with FBS. Things have changed as the FBS reviews 2019 introducing some very popular promotions, especially the welcome bonus. I was surprised and attracted to come back with FBS reflecting those such changes. I have multiple of reasons for you to choose FBS.
The Term of regulations
Up to current, FBS is licensed by CySEC (Cyprus Securities and Exchange Commission) with the reference license number 353534. Furthermore, FBS also achieve the licence number IFSC/60/230/TS/18 which is issued by the International Financial Services Commission (IFSC) of Belize. This licensee issuer was founded in 1999 in the Belize financial industry in order to manage and supervise all the financial service providers here.
The trustworthiness
The FBS is achieved numerous of awards which certify their trustworthiness since its operational establishment. Their achievements include “ the Best Forex Broker in Southeast Asia”, “the Best Customer Service Broker Asia 2016”, “the Best Forex Broker Thailand” and “the Best International Forex Broker”. Besides, FBS is recognised in the award of the Indonesian Government reflecting the contribution for disaster relief in 2017. According to those FBS award winning, this Broker shows their social responsibility with the high ethics as the best forex brokers BRKV.
Account varieties
With FBS, the most effective feature to attract customers is their wide variety of trading accounts which enhance traders ability to access to many product and service offers. Recently, FBS is offering 4 account types, which are Cent account, Standard account, Zero spread account and ECN account.
Cent account
- Deposit limit: $1
- Spread type: floating
- Commission of trading: free
- Leverage rate: 1:1000
- Execution: market rate
Zero Spread account
- Deposit limit: no less than $500
- Spread type: fixed
- Commission of trading: free
- Leverage rate: 1:3000
- Execution: market rate
ECN account
- Deposit limit: no less than $1000
- Spread type: floating
- Commission of trading: free
- Leverage rate: 1:500
- Execution: ECN
Spreads and commission
Spreads are managed regarding to the FBS brokers strategy which are separated into fixed spread and floating spread as the applicable trading costs. Those spreads are competitively reflecting the market average. In particular, the starting quote of the fixed spread is 3 pips, whilst the floating spread is quoted from 0.2 pips.
Availability of deposit and withdrawals process
Payment availability is the specification that make the FBS broker be outstanding from the rest of the brokers on the market. Particularly, there are more than 70 various payment method accepted by FBS. This is the unique broker awaring of this support. The available payment options are credit cards, bank transfers and e-wallet.
Besides, the available options for withdrawal are wise. Depending on the payment options, the waiting period of the withdrawal process are different. In particular, it takes 48 hours to clear the payout by credit cards. Meanswhile, the e-wallet is an instant payout.
The offers of bonus and promotions
The best forex bonuses are introduced in several types by FBS, including $ 50 welcome bonus, the 123 Bonus, and 100% deposit bonus. Furthermore, there is a promotion that is presented the ability to traders of FBS to win an Iphone X.
The FBS customer support service
At FBS, customers are primarily supported with a comprehensive educational point and a FAQ. Furthermore, there is a live support that is available a 24/7 support team for live chats.
Jack is a blogger with a passion for technology who has been writing about the latest in the world of gadgets and gizmos. They are an avid reader of Science-Fiction novels and love to spend time with their wife and kids.