Summary of FBS's service - An online Forex and CFD Broker
Who is FBS and what kind of service do they provide?
- Who is FBS?
- What you can trade/invest in with FBS?
- Popular Deposit and Withdrawal methods
- Bank Wire Transfer
- Payment Bank Card
- WebMoney
- Liberty Reserve
- Skrill (Moneybookers)
Who is FBS?
FBS is an online Forex and CFD broker with MT4 and MT5, regulated by IFSC in Belize and CySEC in Cyprus.
FBS is mainly based in Saint Petersburg, Russia. And provides service to traders from over 120 countries.
FBS has over 10 million traders registered to its service by 2019, and now known as one of the largest Forex & CFD broker in the world.
Their reputation and accreditation are outstanding.
No troubles on fund withdrawals or issues with regulatory authorities are reported before.
Traders’ funds are secured in segregated bank account separated from FBS’s fund.
For any inquiries, you can reach out to FBS’s support team for 24/7 at anytime.
What you can trade/invest in with FBS?
FBS offers Forex, Metals, CFD, Stocks and Cryptocurrency pairs on both MT4 and MT5, and you can start trading with only $1 of Deposit.
FBS offers the highest leverage in the world 1:3000 and NBP (Negative Balance Protection) is fully supported for all account types.
Minimum spread starts from 0.0 pip, and 95% of orders are executed within 0.4 second.
FBS’s MT4 and MT5 are provided with “Market Execution” and any expert adviser and strategies allowed on FBS’s platforms.
Execution model is STP(Straight Through Processing) where no “conflict of interest” exists between clients and FBS.
For Account Opening Manual of FBS MT4 and MT5, visit the page here.
For the details of available Deposit and Withdrawal methods and its conditions, please visit the page here.
FBS is running a number of bonus promotions.
Visit the Official Website today and check out the latest offers.
Popular Deposit and Withdrawal methods
FBS offers variety of funding methods for its traders.
Some of their popular deposit and withdrawal methods are as follows:
1. Bank Wire Transfer
Foreign currency wire transfer – is a popular and simple way of transferring currency assets.
It can be performed practically in any bank of the world rendering this type of service to private persons.
In order to perform a wire transfer, one should fill in a standard form where it is required to specify a recipient’s necessary bank details.
For the purpose of implementing such a currency transfer, as a rule one should have an ID paper with them.
By performing a transfer of a certain amount of money, it is necessary to consider a commission fee of a sending bank.
The main advantages of the foreign currency wire transfer imply its reliability, confidentiality and a relatively low commission.
2. Payment Bank Card
Electronic payments by means of VISA and MasterCard bank cards are regarded as the most popular way of paying for goods, services and withdrawing cash.
At the present moment, bank cards imply a convenient and fast way of performing electronic payments.
Payment cards can be used in point-of-sale terminals and bank machine electronic devices.
The number of points of sale accepting bank credit cards constantly increases.
Monetary funds can be deposited to bank card accounts in any bank branch, by means of a wire transfer from another bank as well as by using the Elexnet terminals.
3. WebMoney
WebMoney is a user-friendly and simultaneously reliable system of money transfers.
The system is very popular with a great amount of users as it provides a very convenient possibility of performing non-cash transactions via the Internet.
It enables quickly, almost instantly to implement any transfer of funds, while a small commission along with a wide range of options related to depositing and withdrawing money considerably increases this system appeal.
There are a lot of ways allowing to withdraw and deposit monetary funds from/to your personal account correspondingly, including any WebMoney exchange office.
The transaction commission makes up 0.8% but cannot exceed 1500 rubles, 50 Euros or 50 dollars.
4. Liberty Reserve
Liberty Reserve is the irrevocable electronic payment system operating with digital currency.
By registration, this payment system does not require to enter any personal data.
It is very user-friendly as one can use this system just from the Internet browser by means of the traditional https protocol.
The system employs three types of accounts, i.e. LR – USD (US dollars), LR – EURO (Euro currency) and LR – GOLD (gold).
The system is distinguished by a powerful accounts hacking protection as well as ensures a high level of confidentiality and security.
The principal shortcoming of this system implies the fact that one can deposit and withdraw money only though exchange points, there is no possibility of direct withdrawal to an e-card.
There are also certain difficulties related to withdrawing one’s funds to the WebMoney payment system.
5. Skrill (Moneybookers)
This electronic payment system is widely known in many countries and is a quick and convenient way to fund your account.
This system allows you to pay with plastic cards and has constantly updated currency exchange rates for quick and cheap conversions of your payments.
You can instantly fund your trading account with this payment system through a special form in the Trader’s Room.