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FBS Now Offers One More Payment Method: EgoPay

FBS, the major Forex brokerage, has beefed up the list of methods through which its clients can deposit and withdraw funds by adding EgoPay, an online payment system.


For those of you who are unfamiliar with EgoPay, let's clarify that it functions to a great extent like popular online wallets such as PayPal and Skrill - the latter, by the way, is also available as a payment option at FBS. What EgoPay offers its clients is to open an account which then can be funded through a variety of methods (credit cards, bank wire, Western Union, etc.): this account, in its turn, can be used to reach out to thousands of participants in the EgoPay network, including FBS.


As any other e-wallet, EgoPay allows ultra-fast processing of payment requests – which is especially nice when it comes to withdrawals, or, of course, to funding your account when you're near a margin call. Then, there is the perk of no additional fees charged by the broker for EgoPay operations. This gives EgoPay an obvious advantage over other deposit/withdrawal options, and bank wire in particular. For the latter, you'll have to pay a $30 fee to withdraw your money and sometimes you have to wait for as many as seven days to get your money. Choice is yours, of course. 


One more warning from us is that although the broker does not charge any fees for EgoPay operations, the service itself imposes some minimal transaction charges, with their size varying depending on the type of account with the payment processor. For a personal account, for example, the charge is 1.5% of the transaction size plus $0.25. 


EgoPay is available for all types of trading accounts with FBS: you perhaps recall from our previous articles that you can start trading with as little as $5 and open a Micro account. 


The broker has recently delivered a real push into enhancing its lineup of payment methods. At the start of this month, the company added NETELLER to the list, while a fortnight ago it introduced another online payment system for its clients: OKPay.


About FBS


FBS is a global forex brokerage house that provides investment services to international customers. The broker offers STP/ECN execution, tight fixed and variable spreads and professional customer support.

 At FBS, traders can sign up for three different account types: micro, standard and ECN/STP. The platform supported by the broker is Metatrader 4 (MT4).


TAGS: fbs  fbs forex broker  fbs egopay  egopay  fbs payment methods  fbs deposit  fbs withdrawal  forex transaction method  payment methods  online accounts  forex accounts  forex deposits  forex withdrawal  forex fbs 

More news about FBS

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
UK, Bulgaria FCA, FSC Web €29 Review Website
Australia ASIC MT4, MT5,
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
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UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
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Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
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