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FB SECURITIES foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.fbsecurities.com/index.aspx, about the company's legal and temporary regulatory information, the company's address Tokenhouse Yard, London, United Kingdom.

FB SECURITIES Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
FB SECURITIES LIMITED
Abbreviation
FB SECURITIES
Company employee
--
Customer Service Email Address
cs@fbsecurities.com
Company address
Tokenhouse Yard, London, United Kingdom
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
United Kingdom Appointed Representative(AR) Revoked
High potential risk

Company profile

FB SECURITIES Review Summary Registered Country/Region United Kingdom Regulation No Regulation Market Instruments Forex(60+ currency pairs), CFDs, Commodities(Energy, Agriculture, Metals), Indices Demo Account N/A Leverage 1:30 (Maximum) Spread from 1.1 pips (Standard), from 0.1 pips (VIP) Commission No (Standard), $10 per lot (VIP) Trading Platform MT4 Minimum Deposit $1,000 Customer Support 24/5(GMT)- Email: cs@fbsecurities.com, Tel: +024-31398888 Regional Restrictions United States of America, Canada, Israel, Iran, and North Korea (Democratic People's Republic of Korea) Company Address No.1210, Building B Kaisa Group, Qingnian Avenue Shenhe District, Shenyang, Liaoning China What Is FB SECURITIES? FB Securities is a brokerage service provider purportedly registered in the United Kingdom, although its company address is located in China. It currently holds no regulations. Pros & Cons Pros Cons MT4 Supported No Regulation Competitive Spread High Minimum Deposit Strict Regional Restrictions Relatively Conservative Leverage Pros: MT4 Supported: The support for the MetaTrader 4 (MT4) platform allows traders to access advanced trading tools, indicators, and automated trading strategies. Competitive Spread: The brokerage provides competitive spreads, starting from 1.1 pips for standard accounts and as low as 0.1 pips for VIP accounts, making trading more cost-effective. Cons: No Regulation: FB SECURITIES operates without regulatory oversight, which may raise concerns about the safety and security of client funds and trading practices. High Minimum Deposit: The minimum deposit requirement of $1,000 for standard accounts and $10,000 for VIP accounts may be prohibitive for some traders, especially those with smaller capital. Strict Regional Restrictions: The company may impose strict regional restrictions, limiting access to its services based on geographical location, potentially excluding traders from certain regions. Relatively Conservative Leverage: FB SECURITIES offers a maximum leverage of 1:30, which can somewhat limit the profits. Is FB SECURITIES Safe or Scam? Regulatory Sight: FB SECURITIES is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors. Issues Reported: Users have reported issues related to withdrawal difficulties, including delays in processing withdrawal requests, inability to access funds, and allegations of fraudulent practices. Some users have expressed frustration over the lack of communication and support from the company when attempting to resolve these issues. Additionally, there are complaints about the absence of proper channels for addressing withdrawal concerns, leading to distrust and dissatisfaction among investors. Security Measures: So far we haven't found any information about the security measures for this broker. Market Instruments Forex: Over 60 currency pairs are available for trading, providing access to major, minor, and exotic currency pairs. CFDs: Contracts for Difference (CFDs) allow traders to speculate on the price movements of various financial instruments without owning the underlying asset. Commodities: FB SECURITIES provides trading opportunities in a variety of commodities, including energy, agriculture, and metals. Indices: Traders can also access a selection of global stock market indices, allowing them to trade on the performance of entire markets or specific sectors. Account Types FB SECURITIES offers two main types of trading accounts: Standard and VIP. Both account types come with a stop-out level of 30%, VPS Service, and support for the MQL4 Programming Language. Standard Account: Requires a minimum deposit of $1,000 and is suitable for Discretionary Traders who prefer to make manual trading decisions based on their analysis and judgment. VIP Account: Requires a minimum deposit of $10,000 and is tailored for EAs & Scalpers, referring to traders who utilize expert advisors (EAs) or employ scalping strategies. Leverage FB SECURITIES provides a maximum leverage of 1:30, which is relatively conservative compared to some other brokers in the industry. This means that traders can amplify their positions up to 30 times the amount of their capital, allowing for potentially higher returns on investment while also limiting potential losses. Spread & Commission FB SECURITIES offers competitive spreads to its clients, with Standard accounts starting from 1.1 pips and VIP accounts from 0.1 pips. The tighter spreads available to VIP account holders come with a commission fee of $10 per trade, while Standard account holders do not incur commission charges. Trading Platform FB SECURITIES offers its clients access to the MetaTrader 4 platform, a widely recognized and trusted trading platform in the industry. This platform allows users to execute trades, analyze markets, and manage their accounts efficiently. Users have the flexibility to access the platform directly from a web browser, making it convenient for trading on the go. Additionally, the MetaTrader 4 platform is available for desktop users who prefer a more comprehensive trading experience. It also supports mobile trading, enabling users to trade seamlessly from their Android or iOS devices, providing flexibility and accessibility to the markets anytime, anywhere. Customer Support FB SECURITIES provides customer support services to its clients during market hours, from Monday to Friday, in the GMT timezone. Clients can reach out to the support team via email at cs@fbsecurities.com or by phone at +024-31398888. Conclusion FB SECURITIES is a company with a business focus on brokerage, which provides competitive spreads and supports MT4. However, the minimum deposit is high, combined with its non-regulated status, we do not recommend users to trade with this company. Frequently Asked Questions (FAQs) Q: What is the minimum deposit of FB SECURITIES? A: The minimum deposit required is $1,000. Q: What is the highest leverage users can trade at? A: The highest leverage offered is 1:30. Q: What is the lowest spread offered by FB SECURITIES? A: The lowest spread offered is 0.1 pips. Q: Can I call them on weekends? A: No, you can't. Its customer service is only available on weekdays. Q: Is FB SECURITIES regulated or not? A: No, it is not regulated. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

STD

Minimum Deposit
$1,000

VIP

Minimum Deposit
$10,000

  

FB Securities Forex Broker - Complete Information Guide

  

1. Broker Overview

  FB Securities, officially recognized as FB Corporation, is a financial services company established in Belize. The broker operates primarily from its headquarters located at Withfield Tower, Third Floor, 4792 Coney Drive, P.O. Box 1777, Belize City, Belize. As a private entity, FB Securities provides intermediary services that facilitate trading in various financial markets, including foreign exchange, commodities, and cryptocurrencies.

  The primary clientele served by FB Securities includes both retail traders and institutional investors. The broker aims to empower individual traders by providing access to leverage, allowing them to trade larger positions than their initial capital would typically permit. This feature is particularly attractive to new traders seeking to maximize their investment potential.

  Since its inception, FB Securities has focused on expanding its trading offerings and enhancing its platform's capabilities. Although specific milestones in its development are not extensively documented in the available resources, the broker has made strides in establishing a presence in the competitive online trading market.

  FB Securities operates under a business model that emphasizes retail forex trading while also catering to institutional clients. This dual approach allows the broker to diversify its service offerings, providing a broad range of trading instruments and resources to its users.

  

2. Regulatory and Compliance Information

  FB Securities is currently not regulated by any major financial authority, which raises significant concerns regarding its legitimacy and the safety of client funds. The absence of regulatory oversight means that the broker does not adhere to the stringent compliance standards typically required in the financial industry.

  The lack of regulation indicates that FB Securities does not have a regulatory license number, nor does it participate in any investor compensation schemes that would protect clients in the event of insolvency. Furthermore, the broker does not provide information regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are critical for ensuring the integrity of financial transactions.

  Client funds are not guaranteed to be segregated from the broker's operational capital, posing additional risks to investors. The absence of a regulatory framework means that clients may have limited recourse in the event of disputes or financial losses.

  In summary, the regulatory environment surrounding FB Securities is concerning, and potential clients should exercise extreme caution before engaging with this broker.

  

3. Trading Products and Services

  FB Securities offers a diverse range of trading products, catering to a variety of investment strategies. The broker provides access to numerous currency pairs, allowing traders to participate in the foreign exchange market. The exact number of forex pairs available is not specified, but it typically includes major, minor, and exotic currencies.

  In addition to forex, FB Securities offers Contracts for Difference (CFDs) on various asset classes, including:

  • Indices: Traders can speculate on the performance of major stock indices.
  • Commodities: This includes trading in precious metals like gold and silver, as well as energy products.
  • Stocks: The broker provides opportunities to trade shares of publicly listed companies.
  • Cryptocurrencies: FB Securities allows trading in popular digital currencies, providing clients with exposure to the growing crypto market.

  The frequency of product updates and the addition of new trading instruments are not explicitly detailed, which may indicate a lack of responsiveness to market trends. However, the broker does aim to provide retail trading services and potentially offers institutional client services as well.

  FB Securities may also provide some specialized products or unique trading options, although specific details are not readily available in the current resources.

  

4. Trading Platforms and Technology

  FB Securities supports trading through its proprietary platform, which is designed to accommodate various trading styles and preferences. While there is no mention of support for MetaTrader 4 or 5, the broker's own platform is likely equipped with essential trading tools and features.

  The broker's trading platform is accessible via web browsers, allowing for convenient trading without the need for software downloads. Additionally, FB Securities may offer a mobile application for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

  The execution model employed by FB Securities is not clearly defined in the available information. However, the broker's technology infrastructure is expected to facilitate efficient trade execution, which is crucial for maintaining competitive spreads and ensuring a positive trading experience.

  For more advanced traders, API access and support for automated trading strategies may also be available, although specific details on these features are not provided.

  

5. Account Types and Trading Conditions

  FB Securities offers a limited selection of account types, primarily focusing on two main options:

  • Standard Account: Requires a minimum deposit of $1,000 and typically features standard trading conditions.
  • VIP Account: Requires a higher minimum deposit of $10,000, likely offering improved trading conditions and benefits.

  The exact trading conditions, including spreads, commissions, and leverage ratios, are not explicitly detailed in the available resources. However, it is common for brokers to offer leverage ranging from 1:100 to 1:500, depending on the asset class.

  For traders interested in testing the platform, FB Securities may provide a demo account, allowing prospective clients to practice trading without risking real capital. The broker's overnight fees and minimum trade sizes are not specified, which could be a point of concern for potential clients.

  

6. Fund Management

  FB Securities supports various deposit methods, including traditional options such as bank transfers, credit cards, and e-wallets. The minimum deposit requirements vary by account type, with the standard account starting at $1,000.

  The processing time for deposits is generally prompt, although specific durations are not provided in the available resources. It is also unclear whether FB Securities imposes any deposit fees.

  For withdrawals, the broker offers multiple methods, but detailed information regarding withdrawal limits and processing times is not readily accessible. Clients should be aware that withdrawal fees may apply, depending on the chosen method.

  

7. Customer Support and Educational Resources

  FB Securities provides customer support through various channels, including phone, email, and live chat. However, specific details about the availability of support services, such as operational hours and time zone coverage, are not extensively documented.

  The broker appears to offer multilingual support, catering to a diverse clientele. Educational resources may include webinars, tutorials, and e-books, although the extent and quality of these resources are not clearly outlined.

  Market analysis services, including daily updates and research reports, are likely available to assist traders in making informed decisions. Additionally, various trading tools, such as calculators and economic calendars, may be provided to enhance the trading experience.

  

8. Regional Coverage and Restrictions

  FB Securities primarily serves clients in Belize and potentially other regions, although specific details about its market coverage are not fully disclosed. The broker's website does not provide comprehensive information regarding its regional offices or operational presence in various countries.

  However, it is noted that FB Securities may not accept clients from certain jurisdictions, particularly those with strict regulatory frameworks. This includes countries where financial services are heavily regulated, which could limit the broker's ability to operate legally.

  In conclusion, while FB Securities presents itself as a viable option for forex trading, potential clients should carefully consider the regulatory implications and the overall safety of their investments. The lack of regulatory oversight and transparency raises significant concerns, making it advisable for traders to explore more established and regulated brokers in the market.

  In summary, the FB Securities broker operates in a high-risk environment, and prospective clients should conduct thorough due diligence before engaging with this broker.

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Latest Reviews

liqianxing

liqianxing

Hong Kong

I have been cheating, the problem is the channel. it is all hard-earned money! How can we change this! I also reported to the police, and the account and password for withdrawing money were not given.

Exposure

2023-02-06

liqianxing

liqianxing

Hong Kong

Keep delaying. It is a fraud. The money is gone.

Exposure

2023-01-07

FB SECURITIES Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.08, Software Index 4.00 Risk Control Index 0.00.
FB SECURITIES