According to the results of one of the most highly authoritative exhibitions in the sphere of stock industry and Forex market MOSCOW FOREX EXPO 2013 best brokers have been honored with prestigious awards. Among them a famous among Russian traders company FBS, which has become the winner in the nomination “Best Broker in Asia in 2013”.
This is not the first prestigious award of the company. Let us remind that some time before, according to the results of international exhibition International Investment & Finance Expo, FBS has been recognized the best Forex broker in Asia in 2012; it also received the Grand Prix in the nomination “Best Platform MT4” in 2012.
Why Traders Choose FBS
“Our company, which has been working at largest financial markets of the globe for many years, provides all its clients from over 69 countries worldwide with most favourable trading terms and effective trading technologies,” admit representatives of FBS company, “for this reason many people in the West and Asia prefer cooperating with us, as FBS provides its clients with the highest level of security, guarantee of safeguard of assets, instant fulfillment of orders and much more, necessary for stable and high profits at Forex market.”
“Besides, most clients of the company who have now become successful traders and investors admit the following advantages of working with the broker:
− instant output and fulfillment with no delays, requotes, and negative slipping of orders at interbank market;
− ability to choose best current prices for every transaction at interbank market;
− attractive trading terms;
− low spreads and commission fees;
− high credit leverage up to 1: 1000;
− allowed hedging and application of electronic advisors;
− ability to replenish deposit by broker means;
− work at segregated accounts, the balance of which is by 70% replenished by the company;
− free access to a unique analytical portal FX Bazooka;
− ability to get over 5 000 dollars as a partner;
− other programs that stimulate effective and often breakeven trading.
How interesting and profitable is the work of one of the best Forex brokers in Russia, what is the rate of global Forex market development, and what should traders expect in the nearest future? These questions have been answered by a leading analyst of FBS company Elisabeth Belugina in the exclusive interview to the “Market Leader”.
Progress Speeds Up
– Market Leader: – Hello, Elisabeth. This year in Russia there has been created a megaregulator represented by the Central Bank, which is supposed to regulate activity of Forex brokers. What do you expect from the megaregulator, and how may it influence your company?
– Elisabeth Belugina: – Hello. By all appearances, the new organ will not start regulating activity very soon, and Forex market regulation even more: at first officials are to solve a number of organization and bureaucratic issues, inevitable for FSFM to join the Bank of Russia. Meanwhile, I would like to highlight that FBS company is oriented at long-term perspective. We certainly see the necessity to raise the clarity of Forex brokers’ activity: this will make it possible to lay the foundation for strong and positive reputation of Forex market in our country. The issue of Forex market regulation in Russia has for a long time been discussed with varied success and little performance; it certainly requires much more active and well-directed effort from interested parties. Therefore, from creating a regulator we expect to get the opportunity to officially strengthen its position in the RF, which will complement to current world recognition of FBS.
– Market Leader: – In your opinion, how much are Forex brokers interested in public disclosure of information, especially of their financial statements?
– Elisabeth Belugina: – I do not see the great difference between Forex brokers and other companies. Besides, FBS company is always open to new initiatives and is ready to consider the opportunity of providing the regulator with information, which does not touch our clients’ interest, if such demand is set to professional participants of Forex market.
– Market Leader: – What is your assessment of potential growth of Forex market services? Is it close to the saturation point?
– Elisabeth Belugina: – I think that at this point the market is rather intense, as competition is very high. At the same time, in long-term there is an opportunity of market growth: with the rise of financial literacy of the population there inevitably rises the number of people who will use financial markets to make their money “work” – Forex market will provide a great opportunity for this. Speaking about Russia, financial market in general and Forex market in particular is yet to develop here. I am pleased to admit that financial literacy in our country is rising gradually, and more and more effort is made to stimulate this process. I hope that progress in this direction will speed up.
– Market Leader: – What can you inform about new trends at Forex market? In your opinion, which products are in highest demand?
– Elisabeth Belugina: – Most traders remain rather conservative and prefer trading by classical pairs, such as EUR/USD, GBP/USD, and USD/JPY. At the same time, automated trade is becoming more and more popular, just like the services of trust management, which truly make a new step at the market.
– Market Leader: – What is your attitude to possible fusion of Forex brokers business with the business of traditional investment companies?
– Elisabeth Belugina: – Forex and investment go hand in hand with one another; therefore, fusion of Forex companies with investing ones is rather logical. However, investment in the sphere of Forex requires much more attention from the point of view of risk management.
– Market Leader: – What is your attitude to current competition at Forex market? What new would you admit in this context this expiring year?
– Elisabeth Belugina – In 2013 damping of reopening companies has become less noticeable – opportunities of price competition are exhausted, as broker spreads and commission fees have already reached their lowest levels. The company’s reputation and reliability gain primary importance. And, certainly, the quality of products on offer. These days online access to trade is no surprise, thus technological race among Forex brokers is more topical. This is bad news for new players, as starting investments in a startup are considerably rising.
– Market Leader: – What competitive advantages of FBS company would you call most significant?
– Elisabeth Belugina: – First of all, FBS may boast of the wide choice of accounts. These include micro accounts for beginners, where one may start trading with 5 dollars, standard accounts with enhanced trading terms, and limitless ECN-accounts, as well as segregated accounts, which enable trade by keeping one’s means on a personal bank account. Anyone may estimate the benefits of working with FBS, as the company provides anyone with a 5-dollar bonus for trade on real account.
Secondly, FBS has developed an innovative service at the market, namely, insurance of means. I would also like to mention our flawless support service, which helps clients quickly and effectively. Besides, the analytical department of FBS, which I represent, prepares currency forecasts and trading recommendations, which may be found on FX BAZOOKA portal – the best media resource for Forex traders according to MoscowForex Expo.
Finally, we offer profitable and effective partner program with highest commission fee in Forex – 2.2 points. These and many other advantages certainly make FBS stand out among other Forex brokers.
