FBS Broker Philippines

FBS Philippines – One of the Best Forex Brokers in Philippines

Quick Account Opening. Free $140 to start trading. Free Demo Account with MT4 or MT5 Platform. Fast and Easy Funds Deposit and Withdrawal processing for Philippines traders.

• Free $140 to trade – It’s not a demo account. FBS gives you real money and a real account with $140 to start your Forex journey.
• Boost your skills – To level up your trading you need power-ups: along with $140, you get a full set of educational materials.
• Start without a deposit – Learn how to trade and make a real profit out of it – with no need to get your own money risk in the process.

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FBS Philippines – Start Forex trading with Free $140

Financial Brokerage Services (FBS) is a Forex broker that has its offices in Asian cities such as China, Malaysia, Philippines, Indonesia, Jordan, Vietnam, and Russia. It was initially based out of Russia and started its FX operations in 2009. The broker claims to have more than 700,000 clients from 120 different countries across the world. FBS complies with regulations of the International Financial Services Commission IFSC, the IFSC in Belize is a tax haven and the primary regulatory organization that regulates all the financial components of the company. Although FBS is not regulated by an organization such as the CFTC, NFA, FCA, ASIC, and CySEC, it is still a trustworthy broker.
FBS is still under debate as to whether it can be compared to the more established and highly reputed international regulatory organizations. However, despite all the confusion surrounding the regulatory status, the broker has indeed managed to receive numerous awards and recognitions for their services and has also been able to receive positive reviews from existing customers. However, it is not entirely free from criticisms either.

FBS Account Types

FBS caters to the requirement of every type of trader. You have the freedom to choose from a range of trading accounts depending on your investment goal and risk capacity. FBS Account types are –

ECN Account

• A minimum deposit of $500
• Maximum leverage of 1:500
• No commission

FBS Cryptocurrency Account

Recently FBS has introduced an Account specially designed for Cryptocurrency traders. Most of the Forex brokers charge huge spreads and fees on Crypto trading. But this Crypto Trading Account of FBS offers trading at a floating spread starting at just 1 pip. An initial deposit of $1 and leverage of 1:5 make it very popular among Crypto traders in the Philippines.

Unlimited Account FBS

Unlimited Account is usually reserved for institutional and professional traders and is the best type of FBS account due to its favorable trading conditions, lower cost of trading, comparatively lower leverage, and high speed of trade execution. A dedicated account manager who can help you on any kind of trading or funding related issues is available for the Unlimited Account Holders.

Available Financial Assets with FBS Broker

FBS broker offers a wide range of financial instruments for traders.

• Forex: FBS broker gives you access to the Forex market where you can trade a variety of currency pairs. This includes major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.
• Forex Exotic: In addition to the major and minor currency pairs, FBS also gives you access to exotic forex pairs. These pairs usually involve currencies from emerging or smaller economies such as South Africa, Turkey, or Singapore.
• Metals: If you prefer to trade commodities, FBS broker has you covered. You can trade a variety of metals on their platform, including gold, silver, platinum, and palladium.
• Indices: FBS also gives you access to some of the world’s top indices. This means you can speculate on the price movements of entire sectors of the economy, such as the NASDAQ, S&P 500, or FTSE 100.
• Energies: With FBS, you can also trade various energy commodities. This includes crude oil, natural gas, and more. This is an excellent choice for traders who want to speculate on the global energy market.
• Stocks: Lastly, FBS gives you access to trade stocks from some of the largest and most influential companies globally. This includes tech giants like Apple and Google, as well as other companies in sectors such as finance, healthcare, and consumer goods.

Whether you’re a seasoned trader or just starting, FBS broker provides a broad range of financial instruments to cater to your trading needs and preferences.

FBS Trading Platforms

FBS online trading broker that offers several trading platforms to cater to the diverse needs of traders worldwide. They provide advanced technology and a variety of tools and features to help traders make informed trading decisions.

• FBS App: This is a mobile trading platform provided by FBS. It is suitable for traders who prefer to trade on the go from their smartphones or tablets. The FBS App provides a user-friendly interface, real-time price updates, and a wide array of trading tools. It also allows traders to manage their accounts, make deposits and withdrawals, and contact customer support directly from the app.
• MetaTrader 4 (FBS MT4): MetaTrader 4 is one of the most popular trading platforms in the world. FBS provides its version of MT4, which offers traders a robust trading environment. The FBS MT4 platform is equipped with advanced charting tools, a wide range of technical indicators, and the ability to use automated trading strategies (Expert Advisors). It’s designed for both beginner and experienced traders, offering a flexible and highly customizable trading environment.
• MetaTrader 5 (FBS MT5): This is an upgraded version of the MT4 platform, offering more features and tools. The FBS MT5 platform provides more technical indicators, a wider range of charting tools, and advanced order types. It also supports trading with stocks and futures, in addition to forex. This platform is suitable for advanced traders who require a more comprehensive range of trading tools and features.

Each of these platforms is designed to provide a seamless trading experience, allowing traders to execute trades quickly and efficiently, with a high level of accuracy.

Trading Tools

FBS broker education resources comprise a wide range of learning materials that aim to educate both novice and seasoned traders about concepts, strategies, and trends in the financial trading world. These resources are primarily divided into two categories: FBS Academy and Glossary.

• FBS Academy: This is a comprehensive educational platform provided by FBS broker that offers a variety of courses, webinars, tips, and advice to traders. It covers a wide range of topics including Forex trading basics, technical analysis, fundamental analysis, trading psychology, risk management, and more. The academy is designed to equip traders with the knowledge and skills they need to navigate the trading markets successfully. Traders can learn at their own pace and choose content that aligns with their skill level and trading goals.
• Glossary: The FBS Glossary is an invaluable resource for traders who want to familiarize themselves with the unique terminologies used in the trading world. It provides clear definitions of common trading terms such as ‘bid’, ‘ask’, ‘spread’, ‘leverage’, ‘margin’, and many more. By understanding these terms, traders can better comprehend trading strategies, market analysis, and trading platforms. It can also help them communicate more effectively with other traders and market analysts.

Both of these resources aim to empower traders by enhancing their trading knowledge and skills. They are continuously updated to stay relevant to the ever-changing dynamics of the financial markets. Whether you are a beginner starting your trading journey or an experienced trader looking to refine your strategies, FBS broker education resources can provide valuable insights to help you succeed in your trading endeavors.

FBS broker Deposit Options in the Philippines

FBS is a leading online trading service that offers various deposit options for its users. If you are in the Philippines, there are several ways you can deposit money into your FBS account.

• Credit/Debit Cards: One of the most common ways to deposit money is through credit or debit cards. This method is straightforward and secure. You simply need to enter your card details and specify the amount you want to deposit.
• E-Wallets: If you prefer to use digital wallets for transactions, FBS also supports this. They accept payments from several e-wallets including Skrill, Neteller, Gcash, and PayMaya. These platforms are secure and convenient, allowing you to deposit money into your FBS account within just a few clicks.
• Online Payment Systems: Aside from e-wallets, you can also use online payment systems to deposit money. This option is similar to using e-wallets, and the process is usually quick and hassle-free.
• Wire Transfers: If you’re comfortable with traditional banking methods, you can also deposit money into your FBS account through a wire transfer. This involves transferring money directly from your bank account to your FBS account. It might take a little longer compared to the other methods, but it’s still a reliable option.
• Local Bank Transfers: Lastly, FBS also accepts deposits through local bank transfers. This involves transferring money from your local bank account to your FBS account. This option might be more convenient for those who prefer to do transactions with their local banks.

In conclusion, FBS provides a wide range of deposit options for its users in the Philippines, making it easier for them to manage their funds and start trading. Whether you prefer using credit/debit cards, e-wallets, online payment systems, wire transfers, or local bank transfers, FBS has got you covered.

FBS broker Withdrawal Options in the Philippines

FBS broker offers comprehensive withdrawal options to its clients in the Philippines. These options make it convenient for traders to access their funds in their preferred way. Here are the various withdrawal options available:

• Credit/Debit Card: This is one of the most popular withdrawal options. The transaction is simple and straightforward. You can transfer your earnings directly to your credit or debit card. It’s a convenient method that suits most traders.
• E-Wallets: FBS Broker in the Philippines supports various e-wallets, which include Gcash, Paymaya, Skrill, and Neteller. These digital wallets provide quick and secure transactions. They are ideal for traders who prefer online transactions and those who want to avoid banking fees associated with traditional banks.
• Online Payment Systems: This online-based withdrawal option allows traders to transfer their funds directly to their online payment system accounts. This method is efficient and provides a higher level of convenience, especially for those who rely heavily on internet-based transactions.
• Wire Transfers: FBS Broker also supports wire transfers. This method is particularly useful for large transactions. It involves transferring funds from the trading account to a bank account. It’s a reliable option, but it may take a few days for the transaction to be completed.

As for the FBS broker minimum withdrawal amount, it varies depending on the method of withdrawal chosen. For instance, the minimum withdrawal amount for credit/debit cards and e-wallets might be different from that of wire transfers. The FBS Broker’s customer service or website can provide specific information about the minimum withdrawal amount for each method. Remember, it’s crucial to choose a withdrawal method that best suits your trading needs and preferences for a seamless trading experience.

Is FBS Forex legal in the Philippines?

Yes, FBS is legal to trade Forex in the Philippines. It has its local office to support Philippines clients. There are thousands of clients trading with FBS without any issues for years. However, you must keep yourself informed about the recent developments in the financial regulations of your country, as it keeps changing from time to time. Always stay compliant with the Government regulations and enjoy your Forex income instead of inviting troublesome issues by not complying with the rules. Check out more Forex Brokers in the Philippines.