Newsflash! More people are now engaged in online trading than ever before. A company that is mentioned quite often is FBS. Being a global broker that offers multiple ways of trading, FBS has earned its place among the traders. But the question remains: Is FBS broker a real one or a scam?
In this article, we will provide more details on the general information regarding FBS, the trading platform, account options, a brief about the forex trading in Thailand, and why for forex, FBS is a legitimate and efficient broker.
What is FBS?
FBS forex has been around for over fifteen years. This broker has low spreads and clear navigation, and it has been built with a view of making it easy for new traders as well as experienced ones to use it. It now has all the assets, flexible trading conditions, and different trading platforms.
FBS Key Features:
– Global Presence: The company has operations in over 150 countries with a very strong customer base.
– Regulated Broker: It is regulated by all the necessary international bodies and local laws, meaning you can rest assured that your funds are secure.
– Diverse Trading Instruments: Take your pick from hundreds of ways to trade.
FBS Trading Platforms and Accounts
FBS offers you flexible trading conditions under a single trading account where Demo account and Swap-free features are available. How often are you given that option? It’s generally a net positive when brokers offer this kind of flexibility, as you are a unique trader, and it stands to reason that your needs and goals are unique as well.
Trading Platforms:
1. MetaTrader 4 (MT4): Due to features such as an easy-to-use interface, powerful charting package, and automated trading, MT4 is still popular among traders.
2. MetaTrader 5 (MT5): MT5 is the new version of MT4 and has more time frames, more indicators, and an economic calendar.
3. FBS app (known as FBS – Trading Broker on GooglePlay and AppStore): An in-house developed application that enables traders to trade on the go while offering all the FBS instruments.
What is FBS: A Deeper Look into the Broker
When it comes to trading accounts, and forex, FBS has it all from the basic accounts for the new traders to the professional trading tools. Hence, apart from the company’s focus on education and customer service, it also enhances the company’s credibility as a trading partner.
As for the educational material, they have separated their library or resources into three categories depending on the trader’s experience, from a complete beginner to a professional. It is suggested that you find some time to go through this section and try to gather as much information as you can about their features and the market in particular.
FBS Reviews: Trader Experiences and Feedback
It is difficult to assess the reliability of a broker and trader reviews are definitely beneficial in appreciating the capability of the broker. First of all, it should be noted that the broker has a positive image and most of the clients’ reviews are positive.
Traders also appreciate the fact that the minimum deposit is small, there are many account types, and there are many materials to help the trader. The customer service aspect also has been observed to be very effective and very sensitive to the customers’ concerns and feedback.
Positive Reviews:
– “I like the clear interface of FBS forex and the professional approach of their customer support. Overall, I’m happy with how things have worked out with them.”
– “The low minimum deposit and choice of accounts is perfect for new and professional traders and that is why FBS is perfect.”
Constructive Feedback:
– “While the platform is good, I wish they offered more product options like ETFs and bonds.”
FBS Trading in Thailand: A Thriving Market
Taking a look at the situation overall, foreign exchange trading in Thailand has expanded due to the advancement in technology and changing perceptions towards other sources of income. FBS trading has been more and more adopted in Thailand due to the fact that they have adapted to the local language and payment methods.
Key Points:
– Localized Payment Methods: Accepts most of the local payment methods including Bank Central Asia (BCA), QRIS, Mandiri, and so on.
– Thai Language Support: Customer service and educational materials are in the Thai language, thus convenient for Thai traders.
– Regulation and Security: While no online trading activity is completely without risk, FBS follows all necessary regulations and guidelines, keeping your funds as secure as possible.
Is FBS Broker Legit? The Final Verdict
Thus, any evaluation of FBS’s (or any broker’s) legitimacy should involve the examination of the regulatory framework, the reactions from other traders, and the efforts of the broker to offer a safe and convenient service to the clients.
FBS is a global brand uniting several independent brokerage companies with FSC (Belize), CySEC (Cyprus), and ASIC (Australia) licenses. Furthermore, positive comments and beneficial customer services can also be considered as the factors that prove the credibility of FBS.
FBS is a reliable and secure trading platform for traders of any level of experience. This is because FBS offers multiple trading instruments, intuitive platforms, and prime regulatory intervention.
FBS Forex is a great platform whether you are entering the trading world for the first time or are planning to change your current broker for the better since it is packed with features for you to achieve your trading goals in the volatile markets of forex and CFDs.
