FBS New Zealand

Overview

FBS Forex New Zealand is a leading online forex broker that provides traders with access to the global financial markets. With a wide range of trading instruments, competitive spreads, and a secure trading environment, it is the perfect choice for both experienced and novice traders. The company offers a variety of trading platforms. It includes the popular MetaTrader 4 and 5, as well as a range of educational resources to help traders become more successful. FBS Forex New Zealand also provides a range of customer support services. Including 24/7 customer service and a dedicated account manager. With its commitment to providing a secure and reliable trading environment, FBS Forex New Zealand is the perfect choice for traders looking to take advantage of the global financial markets.

FBS New Zealand – Account Types

The Standard Account is the most basic account type offered by FBS New Zealand. It is suitable for beginner traders who are just starting out in the world of trading. This account type offers:

leverage of up to 1:3000
a minimum deposit of $100
and a minimum trade size of 0.01 lots

The Cent Account is designed for traders who want to practice their trading strategies with smaller amounts of money. This account type offers:

leverage of up to 1:1000
a minimum deposit of $1
and a minimum trade size of 0.01 lots

The Zero Spread Account is designed for experienced traders who want to take advantage of tight spreads.

leverage of up to 1:3000
a minimum deposit of $500
and a minimum trade size of 0.01 lots

The ECN Account is designed for professional traders who want to take advantage of the best possible trading conditions.

leverage of up to 1:500
a minimum deposit of $1000
and a minimum trade size of 0.01 lots

The Islamic Account is designed for traders who want to trade in accordance with Islamic law.

leverage of up to 1:3000
a minimum deposit of $100
and a minimum trade size of 0.01 lots

Financial Instruments Available in FBS New Zealand

FBS Forex New Zealand offers a wide range of trading assets for its clients. These include major, minor, and exotic currency pairs, as well as commodities, indices, and stocks.

Major currency pairs are the most traded currency pairs in the world and include the US Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, and Canadian Dollar. These pairs are highly liquid and offer the most competitive spreads.

Minor currency pairs are less liquid than major pairs and include the Australian Dollar, New Zealand Dollar, South African Rand, and Mexican Peso. These pairs are often more volatile and offer wider spreads.

Exotic currency pairs are those that involve a major currency and a currency from an emerging market. These pairs are less liquid and offer higher spreads. Examples of exotic currency pairs include the US Dollar/Turkish Lira, Euro/South African Rand, and British Pound/Mexican Peso.

Commodities are physical goods such as gold, silver, oil, and natural gas. These assets are highly volatile and offer the potential for high returns.

Indices are baskets of stocks that represent a particular market or sector. Examples of indices include the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite.

Stocks are shares of publicly traded companies. These assets are highly volatile and offer the potential for high returns. Examples of stocks include Apple, Microsoft, and Amazon.

Trading Platforms

FBS Forex New Zealand offers a range of efficient and user-friendly trading platforms to cater to the diverse needs of traders. These platforms include FBS Trader, MetaTrader 4, and MetaTrader 5.

FBS Trader is a cutting-edge mobile application that allows traders to access the financial markets anytime, anywhere. With its intuitive interface and advanced features, FBS Trader offers a seamless trading experience. Traders can execute trades, monitor their positions, and analyze market trends with ease using this platform.

MetaTrader 4, also known as MT4, is one of the most popular and widely used trading platforms in the industry. It provides a comprehensive set of tools and features for traders of all levels, enabling them to analyze market data, execute trades, and manage their portfolios efficiently. MT4’s user-friendly interface, customizable charts, and extensive range of technical indicators make it a favorite among traders worldwide.

For those seeking more advanced trading capabilities, FBS Forex New Zealand also offers MetaTrader 5, or MT5. This platform builds upon the success of MT4 and provides enhanced features and functionalities. MT5 offers a more extensive range of analytical tools, additional order types, and advanced trading robots, making it a preferred choice for experienced traders.

Whether traders prefer the convenience of mobile trading through FBS Trader, the versatility of MetaTrader 4, or the advanced features of MetaTrader 5, FBS Forex New Zealand ensures that they have access to state-of-the-art trading platforms to meet their specific trading needs. These platforms are designed to provide a seamless and efficient trading experience, enabling traders to make informed decisions and maximize their trading potential.

Special Features

FBS Forex New Zealand offers a range of features that make it an attractive option for traders. These features include:

Low Spreads: offers some of the lowest spreads in the industry, allowing traders to maximize their profits.
Leverage: FBS offers up to 1:3000 leverage, allowing traders to increase their trading capital and take on larger positions.
Expert Advisors: offers a range of Expert Advisors that can help traders automate their trading strategies.
Security: FBS Forex New Zealand is committed to providing a secure trading environment for its clients. The platform uses advanced encryption technology to protect traders’ funds and data.

FBS Forex New Zealand is a great choice for traders looking for a reliable and secure online trading platform.

Fees and Charges

FBS Forex New Zealand offers a range of fees and charges for its services. These fees and charges vary depending on the type of account and the services used.

For Standard Accounts, there is a commission fee of $6 per lot for each side of the trade. There is also a spread fee of 0.2 pips for each side of the trade.
For Cent Accounts, there is a commission fee of $0.6 per lot for each side of the trade. There is also a spread fee of 0.02 pips for each side of the trade.
For ECN Accounts, there is a commission fee of $3 per lot for each side of the trade. There is also a spread fee of 0.1 pips for each side of the trade.
For Swap-Free Accounts, there is a commission fee of $6 per lot for each side of the trade. There is also a spread fee of 0.2 pips for each side of the trade.

In addition to these fees and charges, FBS Forex New Zealand also charges a deposit fee of 0.5% for deposits made via credit/debit cards and a withdrawal fee of 0.5% for withdrawals made via credit/debit cards.

FBS Forex New Zealand also offers a range of other services, such as trading signals, market analysis, and educational materials. These services may incur additional fees and charges. It is important to check with FBS Forex New Zealand for more information on these fees and charges.

Deposit and Withdrawal Options

FBS Forex provides customers in New Zealand with a variety of deposit and withdrawal options. We process all deposits and withdrawals securely and promptly.

Deposit Options:

Credit/Debit Card: This is the fastest and most convenient way to deposit funds into your FBS Forex account. Funds are credited to your account instantly. Withdrawals would take usually 1-3 business days.
Bank Transfer: You can deposit funds into your FBS Forex account via bank transfer. The processing time for this method is usually 1-3 business days. While withdrawing funds takes 1-3 business days.
e-Wallets: You can also deposit and withdraw funds into your FBS Forex account via e-wallets such as Skrill, Neteller, and WebMoney. The processing time for this method is usually instant.

Advantages

Low Fees: FBS offers some of the lowest fees in the industry, making it an attractive option for traders in New Zealand.
Variety of Trading Instruments: FBS Forex offers a wide range of trading instruments, including currencies, CFDs, and commodities. This allows traders to diversify their portfolios and take advantage of different market conditions.
User-Friendly Platform: The user-friendly platform of FBS New Zealand allows users to easily use and navigate it. Additionally, it provides traders with a variety of tools and features that enable them to make informed decisions.
Security: The FMA regulates the FBS Forex broker, ensuring that it meets the highest standards of safety and security.

Disadvantages

Limited Leverage: FBS New Zealand offers limited leverage, which can limit the potential profits of traders.
Limited Customer Support: FBS does not offer 24/7 customer support, which can be inconvenient for traders who need assistance.
Limited Education Resources: FBS Forex broker does not offer a wide range of educational resources, which can be a disadvantage for new traders.

Education

FBS Forex Broker provides a range of educational resources to help its customers become more knowledgeable and successful traders. These resources include webinars, tutorials, and e-books. The webinars cover topics such as trading strategies, risk management, and market analysis. The tutorials provide step-by-step instructions on how to use the platform and its features. The e-books provide in-depth information on various trading topics.

Customer Support

FBS Forex New Zealand also provides its customers with excellent customer support. Customers can reach out to the customer support team through:

email – via support@fbs.com
phone – +357 22 010970
or live chat on their website and other social media platforms.

Is FBS Forex Broker Legal in New Zealand?

Yes, FBS Forex Broker is legal in New Zealand. The Financial Markets Authority (FMA) of New Zealand is the regulatory body responsible for overseeing the activities of financial services providers in the country. FBS is a registered financial service provider in New Zealand and is authorized to provide financial services in the country.

FBS, a member of the Financial Dispute Resolution Scheme (FDRS) in New Zealand, provides a dispute resolution service for customers of financial services providers. The FDRS ensures that customers are treated fairly and resolves their complaints in a timely manner. Additionally, FBS is a member of the Financial Services Complaints Limited (FSCL), an independent dispute resolution scheme for customers of financial services providers. The FSCL ensures fair treatment of customers and timely resolution of their complaints.

Conclusion

FBS Forex New Zealand is a reliable and trustworthy broker that offers a wide range of services and features to its clients. The Financial Markets Authority regulates it and provides a secure trading environment. The broker also offers competitive spreads, low commissions, and a variety of trading tools and resources. With its excellent customer service and reliable trading platform, FBS Forex New Zealand is an ideal choice for traders.

READ: Exness New Zealand | easyMarkets New Zealand