Offshore forex broker FBS said on Monday it has doubled the maximum open orders size to 100 orders for Cent accounts and 200 orders for Micro, Standard and Zero Spread accounts. For Unlimited account holders there is no change and there no cap for the number of active orders.
The broker offers trading in 31 currency pairs and two precious metals across all five trading accounts. It also offers a VIP trader status for clients with deposits exceeding $10,000 and with 50 traded lots.
The trading conditions for the different accounts available with FBS vary. The least amount traders need to deposit starts from $1 for Cent accounts and reached $500 for Zero Spread and Unlimited accounts. More about the conditions of the five account types follows:
FBS is a trading brand of FBS Markets. It is entirely focused on forex trading instruments. The broker is present in more than 120 countries worldwide and has more than 176 million opened orders and some 2.3 million active traders. The broker is regulated by the International Financial Services Commission (IFSC) of Belize, an offshore destination for forex brokers, and is a member of the Russian self-regulatory organization Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN).