FBS Review: Broker, Forex, Tranding
The website offers a wide offers support in 18 languages. There are 12 million traders from 190 countries trading on FBS. The website claims of 7,000 traders joining its platform daily. FBS is a hybrid broker model of Straight through processing (STP) and Electronic communications networks (ECN). FBS does not have a dealing desk. Its orders are passed directly to liquidity system providers at actual market price, so requotes are impossible.
FBS is liked by most traders because of minimum deposit to open an account. It acts as a platform for traders of all levels, e.g., beginner, elementary, intermediary, experts and pros. The broker is not publicly traded. It offers a high leverage of 1:3000 maximum. It's easy to work with, and getting access to the funds is also simple, bringing ease to the traders. Funds can be deposited or withdrawn through credit card, Neteller, Perfect Money, Skrill and Wire Transfer. Its fee on depositing the funds or on withdrawing is reasonable, pretty much a negligible amount. Its tradeable assets are stocks and currency. It offers its users with user-friendly MT4 and MT5 platforms. FBS takes no commission on trades, and it has fixed spreads. It does not have a trading desk and trades through ECP and STP. It offers great compatibility with windows and desktop platform, along with web platform. It also offers mobile trading through FBS application available for Android and iOS users. The application has great design and offers an MT4 and MT5 platform for traders, which makes trading easier and friendly for them. The application is designed by MetaQuotes Software; a Russian company that makes software for forex trading.