Global Forex Company FBS Reliability

Forex Company

FBS is a Forex trading company established in 2009. A Russian company with other offices in Asia and Europe. You can trade without having to hold a debt by adopting zero cut. The stocks handled are FX currency pair 38, precious metal 4, energy 2, stock 40, stock index 4, which is slightly less than other companies. However, since the operation period is more than 10 years, you can rest assured. Accounts opened are said to exceed 10,000,000 in more than 190 countries. This time, I am writing an article about this FBS company.

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Company information

FBS is an FX brand operated by FBS Markets Inc. The FX trading service will be available in 2009 and is an emerging Forex company.

Company NameFBS Markets Inc
Headquarters locationRussia, St. Petersburg
Business start dateFebruary 2009
CapitalUnpublished
number of employees140

License

A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is FBS licensed? The European branch is licensed in Cyprus.

Company NameAcquisition license
FBS Markets IncBelize International Financial Services Commission (IFSC)
Tradestone LimitedCyprus Securities and Exchange Commission (CySEC)

Whether or not withdrawal is refused

It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. Some companies run away at worst, so what about FBS? The patterns of withdrawal refusals from past cases are summarized below. By the way, scalping and double-decker are allowed.

Case studyContents
Acts that put a burden on the serverAvoid withdrawals as they may be refused. Ultra-high speed scalping also puts a load on the server.
ArbitrageMany brokers, including FBS, dismiss this behavior. Withdrawals may be refused.
Withdrawal destination is unknownWithdrawals are not possible when specifying a fictitious account. not clear
Withdrawal of bonusBonuses cannot be withdrawn.

Compared to other Forex companies, scalping is allowed and both are allowed, so it can be said that it is a Forex company with no restrictions.

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