HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%
XM information and reviews
XM
82%

Why User Identification and Verification Are Vital for Trading


When you join FBS, or any other financial company, for that matter, you need to pass a verification process to get full access to the services. You may feel that it’s annoying and unnecessary. However, these days, with the Internet being the main place for all dealings, people are more likely than ever to become a victim of fraud. Therefore, any respectable platform needs a way to shield its clients from ill-disposed parties.

Here at FBS, we believe verification of clients is vital for safety. Let us tell you why!

Why do we need ID and card verification?

FBS follows Know Your Customer and Anti-Money Laundering regulations. These are aimed at protecting your identity from theft and the company – from facilitating fraud and money laundering. To follow these regulations, FBS requires clients to provide their proof of identity and address and verify the bank cards they use for financial operations.

Let’s start with your ID and card information. Client verification is what financial service providers use to ensure the client has given them accurate information about their identity. Why do we need this?

That is one of the major reasons we thoroughly check our clients: to protect all clients from any consequences of unlawful activity. One bad client will not ruin FBS financial services for everyone – not on our watch!

You can register using your social networks – it is 100% safe

This whole process can be annoying to some people, and we completely understand! Good thing is you can use your social networks to make it shorter – use your Facebook or Google accounts or Apple ID! Your information will be safe since websites or services you’re signing into will not get access to all the information in your social network accounts. They can only send a request to Facebook, Google, or Apple and get certain info like your name and email address. There may be some other things they request to learn about you, but the networks always ask you for your consent.Insert text ...

Why do deposits and withdrawals sometimes take a long time to process?

Usually, withdrawal time will depend on the payment system you are using. For example, while electronic systems like Skrill and Neteller usually take only 30 minutes or less to complete your transaction, a bank transfer withdrawal can take up to 7-10 business days. This time is made up of our own Financial Department’s processing time and the payment system’s time.

As stated above, there are several reasons we thoroughly check clients’ IDs and track some of their activity. Financial operations are a vital part of our work, and we do everything to make sure clients’ withdrawals are fast and convenient.

Our Financial Department carefully processes all transactions and checks for any illegal activity. For this reason, no person can use your stolen credit card to make a deposit to their account at FBS or gain access to your FBS account and withdraw funds to their own card.

We hope you found this article helpful! If you have any issues trying to complete the FBS verification process or deposits/withdrawals, don’t hesitate to contact our 24/7 support team in the Live chat or at support@fbs.eu. We are always happy to help and answer any of your questions.

Your safety is our number one priority!

#source


RELATED

Can you be a successful forex trader?

Whatever we do in life, success is not guaranteed. The only thing that matters is our performance. The same may be said for trading in the Forex markets...

Stock Indices: What Are They And How To Trade Them

When describing the markets, we might hear of popular phrases like “the market has surged higher” or “stocks tumbled to new lows” when reading and listening to news reports...

An Introduction To Forex News Trading

Political and economic news is a powerful source of fluctuation in global financial markets. Even rumors of events such as falling central bank interest rates, lawsuits by governments...

Trader: Profession of the 21st Century

Trading is the process of buying and selling various financial instruments. Therefore, a trader is an individual seeking to profit directly from the trading process...

Fundamental Analysis: A Beginner's Guide

Different methods are employed by investors and traders to anticipate the fluctuations in the prices of stocks, currencies, and other financial instruments...

Addressing Trading Biases: Managing Psychological Factors In Day Trading

In the intricate world of day trading and investing, psychological dynamics play a crucial role in shaping decision-making and overall success. Traders, regardless of their level of expertise...

The future of cryptocurrencies

Examine the recent events in the cryptocurrency market and find out if cryptocurrencies are the unicorn of the 21-st century or the money of the future. When the world heard about...

Finding Forex Trading Signals Services that are very profitable

How you can find a great currency Trading alert or signal service is not that hard if you follow the systematic method recommended in this article...

The Ultimate Guide To Stock Investing For Complete Beginners

There`s hardly a single person today who has heard about the passive income that investing can consistently bring in. There are many examples: from the great financiers...

Bitcoin For Beginners: How To Get Started With Cryptocurrency

Bitcoin is the talk of the finance world once again, beating stocks, gold, oil, and more in ROI over the last decade and more of its history. But the cryptocurrency...

Understanding Market Stress: Navigating Economic Turbulence

Market stress is a term that has been increasingly prevalent in financial dialogues, reflecting moments of significant tension and disruption in market functionality...

What You Need To Know Before Trading CFD

A Contract for difference offers investors and traders diverse opportunities to profit in the market from the price movement of assets without owning the asset...

Scalping: When Seconds Count

Today we will be talking about scalping as a trading approach. Scalping is characterized by very short-term trades with minor price changes and a profit of several ticks...

Risk management in financial markets: principles, objectives, strategies

How to protect your savings and investments in a financial crisis? How to create a trading strategy capable of generating profits even in non-standard...

How to trade stocks with maximum outcome

Investing in stocks is an attractive way to become part of the world's best-known companies. However, not every investor knows how to trade stocks efficiently...

Money Management

Although you may think the title of Money Management is pretty clear and easy to implement – how to manage your money and invest wisely, it is slightly more than that...

Tight spreads. High liquidity. Instant execution

It's commonly believed that success in currency trading comes from professionalism and luck. However, often it's far from the truth. You should always remember that...

Everything You Need to Know About Margin Trading

Margin trading is a popular method used by traders all over the world. It can offer attractive opportunities, but as with any form of trading there are no guarantees and the level of risk must be taken...

What is Forex VPS and What Is It For

The trading conditions in which modern traders work have changed dramatically over the past 10-15 years. Today, a trader's computer and trading terminal are able to work miracles...

Stock Trading Guide: How to Trade Stocks

Stocks, also known as shares or equities, represent ownership or equity interest in a company. Owning stocks can entitle shareholders to dividend payments or voting rights on corporate policies...

FP Markets information and reviews
FP Markets
81%
RoboForex information and reviews
RoboForex
77%
IronFX information and reviews
IronFX
77%
T4Trade information and reviews
T4Trade
76%
Exness information and reviews
Exness
76%
Just2Trade information and reviews
Just2Trade
76%

© 2006-2025 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.