FBS is regulated by two top tier authorities. As a result, it is considered a safe and secure broker. It separates its own funds from client funds and provides monthly statements. Despite its history of good behaviour, there has been a data breach in 2020, so traders should be cautious.
MetaTrader 4
FBS is another name you may have heard, but you may not be entirely sure what it stands for. Like other forex brokers, FBS is a mobile app that offers all-in-one trading and analytical tools. Its features may vary depending on your account type. In this FBS broker review, we’ll look at the platform’s charting and analysis tools, as well as the different ways you can use them.
There are six types of accounts offered by FBS, each of which has different features. Each type has a minimum deposit, which can range from $5 to $500. If you’re new to Forex, you may want to open a demo account first to get a feel for the platform. The demo account allows you to test different strategies without risking any money on your account.
Another unique feature of MetaTrader 4 is its ability to copy trading from other traders. Many successful traders will share their trades with the public for free or a small fee. These traders become signal providers and are featured on the MetaTrader 4 website. You can then copy their trades, and you can set up alerts for price and trading conditions.
FBS accepts multiple payment options, including debit/credit cards and various international e-wallets. Withdrawing funds is also free, although you may have to pay a small fee if you keep your position open for more than two days. For experienced traders, FBS offers an MT4 MAM account, which allows them to manage multiple accounts and monitor the market for signals. The software also includes news and live quotes.
FBS offers a variety of popular cryptocurrencies and equities. They also offer a mobile app. In addition to these features, FBS has a transparent cost structure. The fees are included in your spread, which can be either low or high. You’ll also be charged for any commission fees and inactivity fees.
Skrill
There are several advantages to using the Skrill e-wallet to make payments with online brokers. First and foremost, Skrill is a secure method of making digital payments, as it uses 128-bit encryption and SSL protocol. This means that your bank details and credit card information are never shared. Additionally, Skrill is free to use and has no charges for depositing or withdrawing money.
Withdrawal requests are processed within 48 hours, but they may take a few days to process depending on your bank. Support is also provided from the website and through your personal account. To use Skrill, you will first need to register for an account and indicate your country of residence. After that, you must verify your details and make sure that you are using the right name, email address, and phone number. Positive reviews improve your broker’s rating, while negative ones lower its ranking.
In addition to offering an extensive list of trading instruments, FBS also offers customer support 24 hours a day. Its services are regulated by CySEC, which ensures the safety of your funds. Additionally, FBS provides high-quality educational materials for both new and experienced traders. You can even open a free demo account with them to practice trading and learn the ins and outs of the platform.
There are many brokers accepting Skrill as a payment method, but they are not all the same. It’s important to read and understand the rules and regulations of each broker before you select one. Also, be aware of any special deals or discounts that may be offered by a particular broker.
Level up bonus account
An FBS broker level up bonus account allows you to test the trading conditions of the broker without risking your own money. In order to claim this bonus, all you need to do is open an account with FBS. To do so, visit the official website of the broker and click on the link “Introduction to FBS”.
FBS offers a range of account types, including free trading accounts. A free trading account is available with up to 1:100 leverage and five open positions. This account type also allows you to trade in precious metals, indices, and stocks. Demo accounts are also available. Demo accounts are just like the real thing, but you don’t need to risk any money in order to practice.
After opening an account, you must verify your email address with a valid email address. If you don’t receive an email, you can verify your email address through your mobile app. The email you receive should contain a verification code. You must validate your email address and password to activate your account and start trading.
Once you’ve completed the Level Up Bonus account conditions, you can transfer your profits to your real account. You can also download the app to your mobile phone from your Personal Area. Then, you can connect the app to your Facebook account. Just make sure you have only one Facebook account connected to your FBS broker Level Up Bonus account.
Once you’re registered and have verified your email address, you’ll receive a confirmation email from FBS. You can now start trading with the $140 No Deposit Bonus. The mobile app is compatible with iOS and Android devices. The mobile app will also allow you to connect your Facebook account to FBS. Once your account has been verified, you’ll be ready to trade in the Forex and CFD markets.
Negative balance protection
If you are considering opening an account with a FBS broker, it is important to understand what negative balance protection is and how it works. Negative balance protection is designed to protect you from losing money, which is important in a trading environment where negative balances can be a common problem. It prevents the broker from charging you if your account reaches zero.
Using negative balance protection is a good idea if you are trading with high leverage. When your account balance falls below a preset level, negative balance protection will kick in and automatically close out any positions. It also protects your funds, with the funds being held in separate bank accounts. FBS has partnered with leading banks globally to ensure that client funds are protected from theft and loss.
Negative balance protection is another important feature to look for in an FBS broker review. Most regulated brokers must offer this feature. It is a must for traders to make sure that they can protect their money. The best brokers will not only offer negative balance protection, but will also guarantee it, as this means they will bear the additional loss.
Negative balance protection is a precautionary measure that brokerage firms take. This type of protection ensures that a trader will never lose more money than they deposit. It prevents the broker from taking action against you when you don’t have enough funds. It also ensures that your account will not go negative if you make a bad trade.
Most CFD and Forex brokers in the UK offer negative balance protection. This type of protection is available for both professional and retail clients. In the UK, the FCA has implemented rules to make sure that the risk of losing more money than what you have in your account is minimized.
Customer service
FBS has a customer service team that offers 24 hour support and is available by phone, email, and live chat. It also has an active presence on social media sites including Facebook Messenger and Telegram. They typically respond to queries within 24 hours. There are also a variety of FAQ articles available on the FBS website that can answer questions and provide guidance. FBS is a client-oriented broker and is able to answer any questions you might have in a timely manner.
FBS also offers an affiliate program, where you can earn a commission for every trade that your referral makes. Affiliates can also access marketing resources to promote their services. FBS also offers a number of attractive bonuses. For example, a Level Up bonus is offered for opening an account. This bonus is available to new clients of FBS and requires the user to make three medium investments in various trades.
FBS has a technical support team that is staffed by people with extensive knowledge of the Forex market. They also have computer scientists and web developers on staff who can help customers resolve any technical issues. If you have an issue with an account, FBS has a live chat option that can help you. They can also answer any questions you may have by email.
The FBS support team is comprised of 70 highly competent agents who speak fourteen languages. Their average response time is two minutes. They are also ready to handle questions from clients from around the world. Depending on the time of day, the average response time for these agents may vary. While email support is generally slow, live chat is fast and offers relevant answers.
