The brokerage company FBS has redesigned its Introducing Broker (IB) program as part of its intention of encouraging its affiliates. The program is now full of elements that make it even more attractive for its partners to attract more users.
The program is part of the broker’s market strategies that emerged to reward its affiliates through a system based on high commissions granted for each lot traded. The commissions can reach as high as $80 per lot accumulated by each of the members.
Next, we will explain in detail each of the components and highlights of this new offer within the FBS IB program:
Regarding offering the most advanced brokerage services, FBS strives to stay on top of trends to keep satisfied. In addition, with a ‘Quick Start Bonus’ of $100, FBS hopes to strengthen its customer base further. This should enhance the value proposition for prospective customers.
Traders can use FBS Trader Mobile on Android, iOS, and other platforms to access the firm’s proprietary platform or MT4 / MT5 interfaces compatible with multiple operating systems.
Furthermore, this broker has crafted a 7-step guide targeting new traders designed to overcome the most common barriers they face when they get involved in the financial markets for the first time.
An overview of the key trading tools can be found in the 7-Step Guide, along with an explanation of the FBS platform’s order placement process and tips and strategies for managing risks.
The $100 reward will be distributed after certain conditions have been met. There is a $5 reward offered for each lot that is closed, and a $2.5 reward is given for each hedged lot.
The company has also recently launched a crypto trading account that aims to offer users access to a growing ecosystem by providing them with access to cryptocurrency. FBS’s trading platform supports trading of nearly 100 different tokens, from Bitcoin and Ethereum to IOTA, NEO, and TRON. It also offers trading the top crypto assets like Bitcoin and Ethereum and the most popular altcoins. Additionally, this account also supports crypto crosses, fiat crosses, and commodities like the Bitcoin/Gold (BTC/ XAU) cross, which has gained popularity.
Trading commissions for opening and closing a crypto trading account are 0.05% of the trade’s value. The minimum amount to open a crypto trading account is $1, and the minimum amount to deposit is $1. Traders of crypto can also leverage up to 1:5 with this broker and hold up to 200 open positions and pending orders simultaneously. On the other hand, there’s something crucial to consider. If you are looking to use the FBS crypto account, you should know that MetaTrader 5 is the only platform that works in conjunction with it.
In terms of the pros of this crypto trading account, the best thing is that it is open 24/7 to its customers. Its flexibility makes it ideal for traders who prefer to adopt a flexible schedule when performing their activities.
The firm’s headquarters is located in Belize. It offers trading services for various financial instruments, including stocks, indices, currencies, and commodities. With over 17 million traders from over 150 different countries, FBS has distinguished itself as one of the most respected forex trading brokers globally, and more than 320,000 partners have chosen FBS as their preferred firm for trading.
According to the company’s assertions, 48% of its clients state that the profits they receive from their trading with FBS constitute their primary source of income. The number is also important to consider when you consider the fact that 7,000 new accounts are opened at this broker every day, and a new request to withdraw profits is processed within just a matter of seconds.
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