FBS Forex is a popular online trading platform that allows traders to invest in the forex market. FBS stands for Financial Brokerage Services, and the company has been providing trading services since 2009. With headquarters in Belize, FBS is regulated by the International Financial Services Commission (IFSC).
FBS offers a range of trading instruments, including forex currency pairs, metals, and CFDs. Traders can access the platform via desktop, mobile, or web-based applications. The platform offers a variety of trading accounts, including Cent, Micro, Standard, Zero Spread, and ECN.
One of the main features of FBS is its low trading fees. The platform offers competitive spreads, which are the difference between the bid and ask price of a currency pair. The spreads on FBS range from 0.0 pips on the Zero Spread account to 1.3 pips on the Standard account.
Another advantage of trading with FBS is the availability of leverage. Leverage is a tool that allows traders to increase their exposure to the market, which can result in increased profits or losses. FBS offers leverage of up to 1:3000, which is significantly higher than other brokers in the industry.
FBS also offers a range of educational resources to help traders improve their skills and knowledge. The platform features a blog with daily market analysis, trading tips, and educational articles. FBS also offers free webinars and video tutorials on various trading topics.
In addition to its trading services, FBS offers a range of bonuses and promotions to its clients. The platform offers a welcome bonus of up to $100 for new clients who open an account and make a deposit. FBS also offers a loyalty program, which rewards clients with points for their trading activity. These points can be exchanged for cash, prizes, or other bonuses.
FBS has also gained a reputation for its social trading platform, CopyTrade. CopyTrade allows traders to copy the trades of successful traders in real-time. This allows traders to learn from experienced traders and potentially increase their profits.
One of the main drawbacks of trading with FBS is the limited range of trading instruments. While the platform offers a variety of forex currency pairs, it does not offer as many CFDs or other trading instruments as some other brokers.
Overall, FBS Forex is a reliable and user-friendly platform that offers low trading fees, high leverage, and a range of educational resources. The platform is suitable for both novice and experienced traders, and its social trading platform, CopyTrade, is a unique feature that sets it apart from other brokers in the industry.
