Is FBS broker safe and proven to pay traders?
To Rangga,
Regarding fund security, using a broker regulated by a clear and credible regulatory body is highly recommended. For further profiles and reviews regarding the broker FBS, you can see here.
Personally, I have been with the FBS broker for a long time. And until now, I personally have not found or experienced any significant obstacles for the deposit or withdrawal process.
Hopefully this can help.
@ Abu Rizal:
Regarding whether it's a scam or not, we are unsure. We adhere to regulations from brokers. As long as the broker is regulated by a credible international regulatory body, namely CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA, it will be safe.
A credible regulatory body is one that has been tested and globally recognized, and provides strict sanctions to brokers if they are found to violate agreed-upon terms. The regulatory body is also responsible for the security of client funds.
In terms of regulation, broker FBS is regulated by IFSC or the International Financial Services Commission of Belize and the Russian Financial Technology Regulation Center, CRFIN.
Read also: FBS Broker Profile and Review
Nevertheless, this broker has many clients and IB in Indonesia, due to its features. There are bonuses (the popular 123 bonus), high leverage, varied deposit and withdrawal methods, and also 24-hour customer service for 5 days, available via chatting.
Read also:
FBS Broker Testimonials
Hello team. I am an FBS client. Incidentally, I have also bookmarked the homepage for access at any time. But every time I click, this is the 2nd time the homepage cannot be accessed. When I searched, it turned out the domain changed. Why is that? Does it also affect the security of the broker in question? Is this a sign of an FBS scam? Thanks...
To Sarah Fauziah,
Not all forex brokers that frequently change their website pages or domains are necessarily scam brokers. Brokers do this because their old official pages or domains have been blocked and are no longer accessible.
To overcome this problem, the solution is of course to create an official website using a new domain. Regarding security factors, of course, it is still important to pay attention to the regulatory body overseeing the broker in question.
Regarding your question, it is not necessarily true that FBS is a scam because of domain changes. It could be a step taken to facilitate clients when the FBS website is blocked. Thank you.
To Guntur,
If this broker is indeed proven to be a scam, then of course its regulatory status has been revoked and it has been prohibited from operating. In fact, broker FBS still exists and still serves millions of traders from all over the world. In Indonesia itself, this broker is still quite popular. This is evidenced by the large number of traders who still entrust their funds to trade with this broker and also the large number of IBs/representatives spread across almost all major cities in Indonesia.
Regarding the FBS domain which often changes, this is because their old official page or domain was blocked and is no longer accessible. This is done to facilitate clients when the FBS website is blocked.
Hopefully this can help.
@Erik Tri Cahyo So, with the domain being blocked and switching to a new domain address, it's not a sign that FBS is a scam, right?
Yes, I've noticed that this broker often changes domains. I wonder why the government would block a broker's domain. After all, they say they have many clients...