FBS
Alison Heyerdahl December 3, 2019 01:36 PM
FBS is a well-regulated international broker with a wide range of accounts, including a dedicated crypto account and a low-cost entry-level account, over 100 cryptocurrency pairs, and an easy-to-use mobile trading app. However, Ugandan traders should be aware that even though FBS is regulated by some top-tier authorities, they will be onboarded through FBS’ Belize-based entity, which provides less regulatory oversight. Other drawbacks are the high trading costs on its Micro, Crypto, and Zero accounts, and the high withdrawal fees. Beginners should also be wary of the high leverage available on some FBS accounts, without proper risk management high leverage can quickly wipe-out smaller accounts. Otherwise, FBS provides a welcoming environment for beginner traders, with an excellent selection of educational and market analysis materials, and 24/7 customer support.