FBS Forex Scam – How to Spot an FBS Forex Scam

If you want to make money in forex, you may be interested in joining FBS. This company enables its members to become commission brokers by referring friends and family. To do this, you can share the link to their website with others. Then, wait for them to sign up. When they do, you will receive USD 5 for making the friend’s investments.

Customer support

If you are looking for a Forex broker with excellent customer service experience, you might want to try FBS. They offer 24/5 customer support and are available in a variety of languages. In addition to English, FBS provides support in Arabic, Chinese, Thai, Russian, and Lithuanian. They are also available by email and phone.

FBS provides various trading opportunities in stocks, indices, metals, and energies. In addition, the FBS platform is upgraded and has advanced features. The broker also offers customer support via live chat and phone. While customer support hours vary depending on your region, you can expect a fast response time.

Trading platform

The FBS forex scam trading platform has several flaws that make it untrustworthy. First, the company has no physical presence in the countries it claims to be based. While the United States, the UK, and Canada are the countries regulated by CySEC, FBS does not operate in any of them. Nor does it offer services to traders from Iran, Israel, or Malaysia. It is also banned in certain countries like Japan.

When signing up for an account with FBS, make sure to read the terms and conditions. For example, you should be able to see the trading volume requirements for each account type in your dashboard. Also, you should know that you must deposit a certain amount before withdrawing your money. Luckily, you can withdraw the money within three hours if you wish.

Promotions

To avoid falling victim to FBS forex scam promotions, traders should be wary of the affiliate bonuses and contests that this company offers. These promotions require the participant to share a link to their FBS trading account with friends and family. Then, they must wait for their friends to sign up and invest in their trading accounts. In addition, some regular contests and raffles involve free prizes. For instance, FBS is known to give away cars.

In addition to offering attractive bonuses, FBS offers some of the highest leverage of any forex broker worldwide. For example, Crypto account leverage is 1:2, meaning a trader can control a position worth $2,000 on the market using only a $1,000 deposit. Additionally, FBS offers solid educational resources that can help traders become successful in the forex market.

Regulation

When you are thinking about investing in forex, the last thing you want is to get scammed. This is why it is essential to ensure that the company you’re working with is legitimate. While most forex brokers package information to appear legitimate, knowing what to look for is essential. Luckily, several indicators will help you spot an FBS scam.

The company’s customer support is available 24 hours a day, five days a week. And it’s available in several languages, including English, Korean, Arabic, Thai, and Russian. You can contact them via phone, live chat, or email.

Money Protection

It is essential to research a forex brokerage company’s reputation before you sign up. If they are not regulated and have a poor track record, it’s a good sign that you should avoid them. Unfortunately, many forex brokers package their information to appear legitimate, but how do you tell if they are legitimate?

To avoid becoming a victim of a forex scam, it’s essential to choose a legitimate broker that the CySEC regulates. This company is based in Cyprus, which is home to the Cyprus Securities and Exchange Commission. It operates through its subsidiary Tradestone Ltd. All of its European operations are run out of Cyprus. Its website allows users to log into their accounts by clicking on “Login” at the top of the page.