Question: Is FBS A Legit Broker?

Can I withdraw FBS 100 bonus?

Please, kindly be informed that Trade 100 Bonus is given for trading, you cannot withdraw it.

You can withdraw profit gained on trading with bonus funds in the amount of $100.

There should be 30 active trading days; An active trading day is a day when an order was opened or closed..

What is the minimum deposit on FBS?

$1One the main reasons why traders choose FBS is due to the very low barrier to enter the markets, as the minimum deposit required for an FBS account is $1. There are two types of accounts available for smaller traders, which include the Cent and the Micro accounts.

How do I withdraw money from FBS?

How can I withdraw money from my account?Open the Withdrawal within the Finances section in your Personal area.Select the preferred payment method and click the Withdraw button.Select the FBS account you wish to withdraw funds from and fill in all the necessary fields.Type the amount of money you want to withdraw.More items…

Can Brokers steal your money?

While it’s rare that a broker will literally steal his client’s money (though that does happen), typically the “theft” of investment funds comes in the form of other fraudulent violations of securities law and FINRA rules which leads to significant investment losses.

Is FBS a trusted broker?

Gaining profit on Forex with FBS is easy and convenient! We always aspire to offer the best conditions on Forex for beginners as well as experienced traders.

How do I know if a Forex broker is legit?

How Do I Know if a Forex Broker is a Scam?Visit the site. … Check the forums. … Look for negative reviews of the broker. … Look out for complaints about not being able to withdraw funds. … Read all the fine print before you open an account. … Try out the broker.

Can I withdraw FBS bonus?

Once you get your free $50 Bonus, you can use it to start trading with FBS. … The profit you make using this bonus can be withdrawn after 2 lots are traded and the profit reaches over $25. After the first withdrawal the bonus will be cancelled. Use $50 bonus to take a closer look at FBS and the Forex market!

How long does FBS withdrawal take?

Maximum time of processing a deposit/withdrawal request via an electronic payment system is 48 hours since the moment of its creation. Bank wire transfers take up to 5-7 bank business days to process.

Do forex brokers want you to lose?

Brokers don’t care one way or the other, as long as you are earning them money. If you suck at trading, then they want you to lose everything and keep making deposits.

Why Forex is a bad idea?

Maximum Leverage The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling vast amounts of money with only a small amount of capital that coerces forex traders to take on such huge and fragile financial risk.

Is FBS a regulated broker?

The activities of FBS are regulated by the International Financial Services Commission, and while this may not be the FCA, BaFin or CySEC it is still a trustworthy regulator. FBS is owned by FBS Markets Company that has offices in a number of Asian cities.

What type of broker is FBS?

legitimate Forex brokerFBS is a legitimate Forex broker regulated by the International Financial Services Commission, license IFSC/000102/124, which makes it trustworthy and reliable.