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How to Start Trading with FBS Forex for Beginners – How Use MT4-FBS Forex Tutorial Guide

By on July 28, 2020 0 4 Views
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FBS is a Forex broker that has managed to acquire close to 3 million clients from 120 different countries across the world through its global network of 11 local branch establishments and 130,000 trading partners. FBS has a strong presence in Asia, Africa, and the Middle East, but seems to have missed out on setting up any representative brokerages in Europe or the Americas. Countries such as the US, Australia, the UK, and other European member nations have several regulatory guidelines that prevent any unlicensed broker from operating in these regions. The EU and the USA have created an extensive framework of rules that has basically outlawed any of their citizens from investing their money with overseas brokers.
FBS regulation is something that we are worried about, especially since the broker is regulated by the IFSC of Belize. Belize is popularly known as a tax haven that attracts investors and financial companies to set up their base of operations in a country with less regulatory oversight and a low tax structure. The IFSC of Belize tries to come across as a reputed regulatory organization; however, we do believe that the IFSC cannot match other regulatory agencies such as the FCA, the NFA, the ASIC, or even the CySEC when it comes to protecting customers against financial scams.

Regardless, FBS has been a prominent figure in the retail FX industry since 2009 and has managed to stay afloat in this highly competitive industry with relative ease. Numerous awards from the Middle Eastern and Asian organizations have also helped the broker to solidify its presence among some of the highly populated areas of the world. While the US and European markets may offer access to high-net-worth trading individuals, the high concentration traders from Asia and Africa do tend to help in improving the broker’s bottom line. FBS’s Middle Eastern presence has also helped the company to cater to the ultra-rich investors from these regions.

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To learn More and See FBS Review click First link and to Visit Official Site Please Refer to Second Link.
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