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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 

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