de | cn | ru

Brokers News

2013 in Review: FBS

FBS may seem as just another offshore Forex broker operating from a beautiful island, but the company had a fruitful and eventful 2013, proving for one more year that it's here to stay and that it knows what it's doing. There were numerous contests, promotions, new services and improvements to trading conditions. 

 

The broker started the year with the introduction of FBS Deposit Insurance, a service that secured backing from FBS for various percentages of traders' investments. The offer, which by the way is still active, is for free and will see the company compensate for your losses. And this was just the beginning of FBS's push into offering its clients some of the best trading experiences: in April the broker axed the spreads on Micro accounts to ultra-low levels of 1 pip and, later on, in September, it stunned traders by offering one of the highest rates of leverage out there – 1:1000

 

FBS also showed its care about traders' education and skills enhancement: the purest piece of evidence for this came in May with the launch of FX Bazooka, a website dedicated to informing traders about the Forex market and boosting their trading know-how. The site also hosts various competitions, especially when it comes to analysis. 

 

And, since we've started talking about promotions and contests, FBS really gave away many prizes this year: we are talking about more than 3,000 T-shirts, more than 60 computer devices and even a Mazda2 car. The fund for promotions and contests amounted to (wow!) $7,000,000.

 

Seeing this hefty sum, we remember the $5,000 campaign for introducing brokers that the broker launched in October, along with the generous commissions for IBs – you may recall that this reach $22 per lot. Yep, partners may actually cash in thanks to FBS's generosity.

 

The company also reached out to a wider clientele thanks to launching services in Vietnamese, Lithuanian and Korean. The broker welcomed more traders also through beefing up its line-up of payment methods – only in October, the list grew markedly via the additions of methods like NETELLER, EgoPay and OKPay. 

 

Of course, when it comes to boosting a company's global presence, the business should be one inspiring the trust of traders. This requires extra support from regulators and FBS made a decisive step in this direction this year. In December, it became a member of Russia's self regulatory organization CRFIN, which is famous for its rigid demands regarding financial transparency and consumer rights. 

 

Last but not least, FBS was rather active in 2013 in terms of participation in various Forex exhibitions: one example is the 15th International Forex Expo 2013 in Moscow. Thanks to its efforts, the broker received a raft of awards, including Best Broker in Asia Region 2013 and  Best Forex Broker South-East Asia. 

 

Apparently FBS had an exciting year and we expect to see more nice surprises from it in 2014!

TAGS: fbs  fbs forex broker  fbs belize  fbs 2013  2013 in review  forex contest  forex promotion  fx bazooka  crfin  forex awards  introducing brokers  forex leverage  spreads  forex trading  2013 in review 

More news about FBS

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
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
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

More Forex Brokers News

Fortrade is the first broker to get an ASIC license in nearly 2 years

Mar 20 2019 15:03:35

  Fortrade acquired a financial services license from the Australian Securities and Investments Commission (ASIC), which hasn’t been very welcoming of new retail forex broker applicants lately. Read more

FP Markets launches a suite of cutting-edge MT4 tools for traders

Mar 06 2019 14:31:42

  FP Markets, a market-leading Forex and CFD provider, launches MT4 Trader Toolbox, a suite of twelve online trading tools which will take their clients’ trading to the next level. Read more

Major broker IG launched its US website

Jan 31 2019 13:15:37

  Global brokerage IG launched its website intended for US retail clients (www.ig.com/us). Residents of the US (with the exception of those in Arizona or Ohio) can now register on the broker’s website in less than 5 minutes and start trading. Read more

FOREX.com announced important updates to its Web Trading platform

Jan 25 2019 15:13:43

  Major forex brokerage  Forex.com  proudly announced important updates of its in-house Web Trading platform, which will take your trading experience to the next level.   Accessible from all browsers and operating systems, Web Trading was launched in 2017. Read more

HotForex parent gets licensed by UK’s FCA

Jan 21 2019 12:31:59

  Less than a month after HotForex acquired license to operate in the UAE, the trading services provider gets an authorization by the Financial Conduct Authority of the UK. The UK subsidiary of the HF Markets Group, HF Markets (UK) Ltd. Read more

Rakuten Securities offers HK$700 prepaid cards as a welcome gift

Jan 18 2019 10:26:57

  Hong Kong forex broker Rakuten Securities offers up to HK$700 Spending Limit Prepaid Card as a welcome gift to new account registrants. Here are all the details you need to know about the company’s promotional offer, which is valid from now until the end of March 2019. Read more

XM applies for a forex dealer license in the US

Jan 11 2019 13:39:14

  The US subsidiary of major forex brokerage XM has applied for a membership with the National Futures Association (NFA). This became clear from a filing by the broker’s US entity Trading.com Markets Inc. (previously Trading Point US Inc.) with the NFA dated January 3, 2019. Read more

HotForex acquired DFSA license, commences operations in the UAE

Jan 08 2019 10:45:37

  HotForex is now licensed by the Dubai Financial Services Authority (DFSA) and announced it commences operations in the United Arab Emirates (UAE). The Dubai arm of the HF Markets Group, HF Markets (DIFC) Ltd., acquired the DFSA license in December last year. Read more

CySEC warns Efexa1000 is not licensed

Oct 22 2018 12:55:06

  The Cyprus Securities and Exchange Commission (‘CySEC’) officially warned investors that Efexa1000 is not authorized to provide investment services in the country. Read more

IG Group gets licensed in the USA

Oct 16 2018 13:48:15

  Major forex broker IG Group (IG) got a green light from the National Futures Association (NFA) to operate on the US retail forex market. The US arm of IG Group, IG US LLC, has just been approved as a NFA member and is officially registered as a Retail Foreign Exchange Dealer (RFED). Read more

de | cn | ru