Copy Trading: Pros and Cons | InvestinGoal

FBS Trading is a global broker service ideal for newbie traders. Being established in 2009, they provide a wide range of trading services in CFDs and forex. They also have different types of accounts including MT5, MT4, and the FBS Trader app.

The company launched their copy trading service in 2018. However, it should be pointed that the FBS copy trade platform is primarily focused on mobile devices. You can access this platform from both iOS and Android phones.

For those uninitiated, FBS is an official partner of Leicester City Football Club. They also have an official trading contract with FC Barcelona. If you are looking for a Social Trading Platform, then FBS Copy Trade would be the ideal option for you.

What makes FBS different from others?

FBS is a unique broker service that is different from other brokers because of various reasons. To begin with, they have a special feature called the ‘Cent Account.’ This is what helps newbie traders to carry out trades in the live market and that too with minimal risk.

Another good thing about this broker is its progressive approach. They charge zero withdrawal fees and a very minimal fee for inactivity. This is something that you will not get from other brokers. This is one of the many reasons why traders are drawn to this platform. FBS is not just ideal for beginners, but it can also be used by experienced traders.

Who should choose FBS?

FBS has a strong footing in various areas, including research, education, and customer care. This is why it makes a great choice for people who are new to the trading market.

However, FBS can also serve experienced traders by making use of algorithmic trading.

Is FBS Trading safe?

Before getting involved with any broker, you need to know whether the broker is safe or not. You must make sure that it is a trusted broker. In this case, you won’t be disappointed by FBS as they maintain complete transparency with clients.

They operate legally and have two licenses for carrying out financial activities. They acquired their first license from CySEC, the Cyprus regulator, while the second license was issued by Belize Finance Commission.

The presence of two licenses from the two big regulatory authorities shows that FBS can be trusted completely. These documents can be considered as proof of reliability. So if you are looking for a trustworthy broker service, you can consider opting for FBS.

FBS has been around for many years. They are not only trusted by traders, but they also have very good experience in the trading market. By opting for their services, you can reap various benefits, especially if you are just a beginner.