FBS

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FBS
Type Private
Industry Financial services, Online trading, Investing online, Social investment website, Social investment, Bitcoin exchange
Area served Worldwide
Key people Yulia Ivanova, CEO
Products Electronic trading platform, Stocks, Cryptocurrency, Cryptocurrencies, Copy trading, Cryptocurrency exchange, Cryptocurrency wallet, Investment portfolios
Services Investment management, Brokerage firm
Website fbs.com

FBS is an international foreign exchange brokerage and social trading company. [1] It is based in Russia, and the main headquarters are located in Saint Petersburg. [2] [3]

History

The company was founded in 2009. [4] [5] By the end of its first year on the market, it had launched its Partnership program.

In 2010, FBS received its first award – Best mini Forex-broker. [6]

In 2015, FBS reached 10,000,00 clients and partners. [7]

FBS adds Bitcoin, Litecoin, Dash, and Ethereum for trading in 2017, as Cryptocurrencies continue surging in popularity worldwide. [8] In 2018, it adds around 100 stocks in 2018. FBS launches its first APP – FBS CopyTrade, [9] a social trading app where people can track FBS trader’s orders and invest in their trades. [10]

In 2019, FBS launched two mobile applications: FBS – Trading Broker, a mobile personal area, and FBS Trader, an all-in-one trading platform. [11] That yer FBS client base reached 13 million users.

Licenses

The company is a regulated broker providing services in many regions. To meet the regulatory requirements of said regions, the global FBS services work under the IFSC license #IFSC/60/230/TS/18, FBS services in Europe are regulated by CYSEC under license #331/17, and FBS services in Australia are regulated by ASIC under license #426359. [12] [13]

As a European brokerage company, FBS complies with the Markets in Financial Instruments Directive (MiFID) that provides regulation for investment services in the European Economic Area (EEA). [14]

As an Australian brokerage company, FBS complies with the ASIC regulatory guides, including Regulatory Guide 227, and the Corporations Act, including Instrument 2020/986 (“Product Intervention Instrument”) order.

Charity

FBS holds yearly charity for local Charitable organizations. [15]

In 2018, FBS collected over $310 000 for local communities in its Ramadan promo. In 2019, in the Ramadan promo, FBS raised over $241 000.

In 2020, FBS held a Trade to Help promo and helped raise over $434 000 for local charities.

In 2021, the big yearly promo was divided into three to better support different regions: the 2021 Ramadan promo helped raise $136 000, the Songkran promo raised $10 000, and the Charity Bonus helped raise over $67 000.

References

  1. "Vissensa | FBS Markets Chooses Vissensa for Equinix London Data Centre Services". 2019-08-28. https://www.realwire.com/releases/FBS-Markets-Chooses-Vissensa-for-Equinix-London-Data-Centre-Services. 
  2. "Online Trading | Trading accounts | Conditions from FBS broker" (in en-US). https://fbs.com/trading. 
  3. "FBS Broker | FBS Review | Myfxbook" (in en). https://www.myfxbook.com/forex-broker/fbs/91. 
  4. "History" (in en-US). https://fbs.com/about/history. 
  5. "FBS Review 2021, User Ratings, Bonus, Demo & More". https://www.fxempire.com/brokers/fbs. 
  6. Anwar, Amir (2021-01-13). "FBS - Financial Brokerage Services" (in en-US). https://forexvolcano.com/fbs/. 
  7. "Global Brands Magazine names FBS Inc as the Best Forex Brand in Asia 2015 - Global Brands Magazine" (in en-US). https://www.globalbrandsmagazine.com/global-brands-magazine-names-fbs-inc-as-the-best-forex-brand-in-asia-2015/. 
  8. "Details van litecoin | Analist.nl". https://www.analist.nl/universiteit/535516-details-van-litecoin. 
  9. "JPNN" (in id). 2020-12-24. https://www.jpnn.com/news/sambut-2021-bidik-peluang-investasi-baru-lewat-cara-ini. 
  10. "FBS | Finance Magnates" (in en). https://www.financemagnates.com/tag/fbs/. 
  11. "FBS Trader App is a powerful trading platform with easy management" (in en-US). https://fbs.com/trading/platforms/fbs-trader?isDuplicate=0. 
  12. "FBS Review | Forex Broker Reviews | Forexlive.com". https://www.forexlive.com/Brokers/fbs. 
  13. Forexbrokerz (2017-09-07). "FBS Forex Broker Review & Rating | FBS Metatrader | fbs.com forex trading" (in en-US). https://www.forexbrokerz.com/brokers/fbs-forex-broker. 
  14. "FBS regulation and licence" (in en-US). https://fbs.eu/en/about/regulation. 
  15. "FBS Community Is All About Helping the Less Fortunate" (in en-US). https://fbs.com/blog/charity-with-fbs-help-the-world-become-a-better-place-282.