FBS is a platform for online trading. In online trading, customers speculate on rising or falling charts. Platforms such as FBS thus enable transactions with complex financial products.
Of particular importance is the question of whether the respective platform has a financial supervisory licence and is supervised by the competent authorities.
Lost money when trading online or refused a payout?
Investors who lost money through their online trading can have their matter reviewed by a lawyer and find out if they are entitled to compensation. Those who have difficulties with their withdrawal requests can also contact a lawyer. There are numerous breaches of duty that can give rise to claims for compensation. There are numerous legal regulations designed to ensure consumer protection. The ESMA (European Securities and Markets Authority) has been continuously expanding consumer protection for years.
FBS - the most important facts about Forex and CFD trading
In the foreign exchange market (currency market, FX market, foreign exchange market), investors speculate on changes in exchange rates. What many investors do not realise is that the foreign exchange market is the largest financial market in the world. Several times larger than the stock market. In 2013 amounted to the daily turnover on the foreign exchange market is around USD 5.3 trillion.
At the CFD market, investors speculate on increases or decreases in numerous underlying assets. The profit or loss incurred results solely from the difference in the underlying asset, hence the term contract for difference. Thanks to the leverage effect, larger profits are possible with less equity than with other forms of investment.
CFD and Forex trading - even financial regulatory control is no guarantee of fairness
The providers for Forex Trading Forex trades are becoming increasingly numerous. Some of them have a financial supervisory licence and are monitored by the relevant authorities. A financial supervisory licence is usually an important condition for the reliability of an online trading platform. However, even a licence does not always mean that breaches of duty on the part of the provider are completely ruled out.
Many online forex trading platforms are based in Cyprus and are controlled by the Cypriot financial supervisory authority CySEC. .
Reviews and ratings
Forex and CFD investors should take their time to look at the reviews and ratings of individual forex and CFD companies on the Internet.
Forex and CFD Trades - AGB
Online traders should act with particular caution and take the time to read the general terms and conditions of the providers.
Why do even safety-oriented investors trade forex and CFDs?
Even conservative investors are trading forex despite the risk of loss, as they see no lucrative alternatives due to the low interest rates that have persisted for several years. Numerous investors in Germany, Austria and Switzerland are looking for above-average returns.
Autotrading, trading robots, social trading and forex transactions
In the area of forex trading, there are currently offers for autotrading, trading robots and social trading, which are supposed to guarantee secure returns. Investors should also be careful with these.