Forex copy fbs

There are two ways of using this app. You can become an Investor and replicate the trading activity of expert traders. Alternatively, you can become a Traderand allow others to copy your orders for a commission percentage. Percentage volume depends on your rating — the better your trading performance is, the money you get and the more Investors you attract. The app allows you to follow the Traders you consider the best and eventually build your own network of top players in your own trading account. You can see how long a chosen Trader has been around, how many other Investors copied him and how much money was invested, as well as the commission amount and charts.

There are over payment methods to choose from, which makes this app awesome for Traders and Investors from all over the world.

Free Bonus. Open FBS demo account for free. International broker with entities in Cyprus, Belize ad Marshall Islands. Trading costs and spreads are average compare.

Demo Account. Minimum deposit. Commission on Trades. Fixed Spread. Traders get access to Forex news and have the option to filter the articles by commodities, currencies, stocks and economy. The FBS Daily Market Analysis is broken down into technical analysis and fundamental analysis and may offer the best feature this broker offers. Forex traders can easily navigate the research, but the extent of each analysis is rather limited and refined to a few basic aspects of technical analysis summed up in one paragraph. The fundamental analysis is a bit more detailed and offer Forex traders basic coverage of key topics.

Regulation and Security

It is a great feature and offers Forex traders the best service. The Weekly Insights section may be the most relevant which walks traders through important events as marked in the economic calendar. It would be nice to see FBS expand their current approach and make better use of technology in order to allow traders to act on what they view.

The Forex Guidebook is filled with educational content and covers the entire spectrum of technical as well as fundamental analysis. New traders will find this course very useful and it is broken down into four sections: Beginner, Elementary, Intermediate and Experienced. This may be the most beneficial feature to new traders which is offered by FBS and the perfect starting point for those who are serious about learning how to trade. It is easy to navigate and filled with examples which makes it easy to understand. This section is for more advanced Forex traders who are in the process of developing their own trading strategy or trying to decide which trading strategy to follow.

It is filled with different trading strategies with quick explanations of how to deploy them. FBS could spend a bit more time and effort to describe the strategies more in depth, especially for new traders to get a better picture of what each strategy is about. Webinars have gained in popularity and more Forex brokers are using them in order to engage with their traders. FBS offers free webinars, but registration is required in order to participate.

It appears that FBS attempts to how one webinar every two weeks, but this could be subject to change at the discretion of the broker. FBS has made an effort to create interesting video lessons which are broken down into different categories.

Pros of FBS Broker

The lessons can be multi-part and are divided in FBS related topics such as account opening tutorials, general Forex topics which touch on basic aspects of trading and MT4 tutorials. Overall this is a rather well-rounded offer to Forex traders and was a welcome find during this FBS review. A glossary can be accessed from the FBS website and while some trader may revert to it in order to get clarity on certain terms, most traders are unlikely to use it as they find their information online and faster.

Since the Forex market is closed on weekends, it is unclear why support staff would be available or if it indeed is. E-mail support certainly remains available at all times. The registration part should only require a few moments before traders can access their back-office from where further documents can be uploaded. When it comes to deposit and withdrawal options, once again FBS sticks to the basics.

Forex traders have the choice of credit cards, bank wires and Skrill or Neteller which are both regulated in the EU. All deposit fees are waived which is standard industry practice and the deposit time is listed as instant with the exception of wire transfers. Withdrawal options are the same as deposit options and Forex traders are required to request a withdrawal with the same method the deposit was conducted. This is also common practice in the Forex market.

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The positive for FBS is that they also waive all withdrawal fees, but Forex traders may still face charged by the payment processor. Withdrawal requests for credit cards are handled the same business day, bank wires within 48 hours and Skrill or Neteller requests between minutes with a maximum of 48 hours. FBS makes money from spreads in currency pairs and client losses in accounts where the broker acts as their counterparty.

Clients can trade with confidence knowing their funds are protected and FBS complies with all regulatory requirements. Spreads are competitive and start at 1.

FBS offers the bare minimum to traders both in terms of trading assets, platforms and deposit options, but what it does offer it offers well; an effort has clearly been made when it comes to education of new traders as well as video content. FBS offers no special bonuses or promotions and sticks to essentials, which can help new traders focus on their core trading strategies without the distractions.

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Mobile Trading is more popular and interesting now. It is an app that is designed to be easy to use. It is more convenient to use on mobile than laptop. FBS is one of the best companies offering bonuses to its customers and an international broker with more than countries of presence. Because It's easy to learn how to manage instruments and where to find information about them.