LEICESTER CITY AND FBS ANNOUNCE RECORD NEW PRINCIPAL CLUB PARTNERSHIP

The partnership will begin with the 2021/2022 season, with the Foxes wearing the new shirts with the FBS logo for the first time in the final Premier League match against Tottenham Hotspur at King Power Stadium this Sunday, May 23.

The partnership will bring together the 2015/16 Premier League Champions and 2021 FA Cup winners with one of the world’s fastest-growing financial services companies.

This commitment between FBS and the Club will harness the growing strength of the Leicester City story to showcase the unique capabilities of FBS to transform the way the world invests. With its name on the front of the Foxes shirt and other key media, FBS will build worldwide awareness of its technology and trading services.

FBS has over 16 million customers worldwide and operates in almost all countries globally. The company’s ambition is to utilize technology to make investing into the financial markets accessible to everyone, making it the ideal fit for Leicester City, who have created a global community of fans spanning cultures and continents following their famous Premier League win in 2015/16.

Susan Whelan, Chief Executive Officer for Leicester City, said: “We are tremendously proud to be beginning this partnership with FBS, one of the most exciting and dynamic global financial services companies. Establishing key partners of this scale and ambition has always been a central part of our vision for the Club, enabling us to keep investing in improvement and growth while enhancing the Club’s profile all over the world. We are looking forward to working with FBS to bring to life our vision for the partnership to the world and our global fanbase.”

Yulia Ivanova, FBS Chief Executive Officer, said: “We are very excited about this partnership and the opportunity to align FBS with the incredible Leicester City story, which continues to capture the imagination of sports fans all over the world. It will significantly expand our brand positioning and it will help us market our comprehensive solutions portfolio to all customers globally. We are extremely proud to partner with Leicester City and to be part of the Club’s story in the years to come.”

For more information contact:

Lena Kail
FBS PR-manager
e.kail@fbs.com

LCFC Media Relations

press@lcfc.co.uk
+44 (0)116 229 4944

 

FBS CopyTrade Runs Referral Program

Profit together with friends

Now FBS CopyTrade users can invite friends to the app and get rewarded for that. If meeting the program conditions, a user receives a $15 bonus, a friend – $5. The number of friends is unlimited, but the bonus is available to receive no more than five times. The maximum bonus sum is $75 for a user and $80 for a newcomer.

A user can share his personal Referral link with followers on social media or with friends in private messages to invite friends. The link is available to copy on the FBS CopyTrade promo page.

Referral Program is developed for users who are ready to build their own prosperous communities. Investing with FBS CopyTrade might become a brand new common interest that will bring users and their friends closer together. By participating in the program, a user increases his investing capital by $75, and a newcomer takes a good start in copy trading with a $5 bonus.


The FBS CopyTrade App is a dynamically developing platform for social trading. It is usually named the most user-friendly and easy-to-use copy trading application.

More than 2 million investors join the app since it was launched in 2018. FBS CopyTrade allows people who are less experienced in trading to increase their capital by copying the selected skilled traders. The traders get a commission from each copier after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.

FBS is an international broker with over 150 countries of presence and 12 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

FBS is an official trading partner of FC Barcelona from January 2020.

 

Meet FBS Fresh Brand Style

Trusted by over 16 million people worldwide, the company has been growing, developing new products, expanding to new continents, and keeping up with the fast-paced world. Therefore, the time for brand style changes has come.

To stay up-to-date, digitalized, and as convenient as possible, FBS, a solid ecosystem of trading products, moved to a more recognizable visual identity but saved our core values – transparency, reliability, honesty. FBS clients’ comfort is our main priority. That is why the design elements of each product are now different. The fresh brand style, including logos, colors, fonts, and blocks, has its meaning and highlights every FBS product’s uniqueness.

From now on, FBS clients can have an even smoother trading experience, using, for instance, FBS Trading Broker. It is an e-cabinet with web and app versions for managing accounts, depositing and withdrawing funds, and tracking performance.

With FBS Trader app, trading becomes available for anyone from any place at any time. The functional yet simple all-in-one trading platform offers a multitude of trading instruments, real-time charts, control risk tools, and even more options for modern traders.

One more FBS app is an FBS CopyTrade. It is aimed at those who prefer a modern type of investing. This app allows making a profit and getting knowledge simply by copying successful traders and checking their market actions.

FBS has refreshed its style, but our main value stays unchanged – happy and successful clients. To learn more about the updates, visit our presentation.

FBS is an international broker with over 150 countries of presence and more than 16 000 000 clients. It is famous for regular, diverse, and advantageous contests and promotions that are highly appreciated by the global trading community. Besides, the broker offers various special services to make trading more pleasant and beneficial, such as swap-free and VPS services, cashback up to $15 per lot, and more. An official trading partner of FC Barcelona from January 2020.

 

FBS Announces The Results Of Its 12 Years Promo First Tour And Launches The Second Tour

It is a trading tournament with three tours and the Grand Finale. Each tour ends with a raffle, where everyone can win amazing gifts like cars, money rewards, and Apple gadgets. The most luxurious prizes will be drawn in the Grand Finale – $300 000, Mercedes-Benz G-Class, three gold bars of 1 kg each, and many others. It is the biggest promo in FBS history with a total prize fund of $1 200 000.

FBS 12 Years promo is in full swing. The first tour is over, and the winners will be announced on March 4, at 12:00 MT. Watch the live stream on Facebook or YouTube to be the first one to know the results. This time the broker will be raffling off the following prizes – Audi Q3, Honda ADV 150, several MacBook Pro, some iPhone 12, $30 000, and many others.

The second tour is on its way. The registration is already open and will run until March 8. If you missed the first tour, take your chance now. Everyone will have a chance to win these incredible prizes:

  • $1 000, $2 000, $3 000
  • JBL Charge 4, Samsung S20, AirPods Pro, Apple Watch, iPhone 12 Pro, MacBook Pro
  • $10 000, $20 000, $30 000
  • Kawasaki Z250
  • BMW X3

The tournament terms remain the same. To win the prize you should:

  1. Join FBS 12 Years tournament.
  2. Trade at least one lot, invest $50, or invite a friend to get one lucky ticket.
  3. Collect as many lucky tickets as possible to increase your chances of winning.

The second tour will last from March 8 to April 2. The raffle is scheduled for April 8.

The promo works in FBS Personal Area (web and app), FBS CopyTrade, and FBS Trader. Don’t forget to update the apps to the latest versions. Participate everywhere to multiply your chances of winning with your reliable broker.


FBS is an international broker with over 150 countries of presence and more than 16 000 000 clients. It is famous for regular, diverse, and advantageous contests and promotions that are highly appreciated by the global trading community. Besides, the broker offers various special services to make trading more pleasant and beneficial, such as swap-free and VPS services, cashback up to $15 per lot, and more. An official trading partner of FC Barcelona from January 2020.

Commission-Free Indices At FBS

FBS appreciates the traders’ comfort and wants to give anyone access to the global markets in a few clicks. Thus, the company added even more trading instruments in MT4&5 and the all-in-one FBS Trader app. Commission-free Cash-based indices are now available for trading. These indices have no expiration date. It means that once you open a long-term position, all the worries about its early closing may be left behind. Cash-based index orders are timeless and closed at the time a trader finds it appropriate.

There is the full list of available Cash-based indices:

  • JP225 – Japan 225 index (Nikkei)
  • US100 – Nasdaq index
  • US30 – Mini-sized DJIA index Dow jones
  • US500 – E-mini SP 500 index
  • AU200 – Australia 200 index
  • EU50 – Euro Stoxx50 Index
  • FR40 – CAC40 index
  • HK50 – Hang Seng Index
  • UK100 – FTSE 100 Index
  • DE30 – DAX index
  • ES35 – Spain 35 index
  • XTIUSD (WTI)
  • XBRUSD (Brent)
  • XNGUSD (Gas)

Choose your favourites among Cash-based indices and trade them on the go in functional and simple FBS Trader — Online Forex Trading Platform app or with fundamental MetaTrader.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Europe, Asia, Latin America, and the MENA. Its primary focus lies in offering financial products for currencies, stocks, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 12 years in the field, the broker won over 60 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

FBS Celebrates Its 12th Anniversary And Fulfils Your Dream

The trusted brokerage company values aspiration not only to earn and grow but also to chase the dreams. For this purpose, FBS created such an opportunity even for those who have not tried their hands at trading. For the whole month from February 10 to March 10, anyone may write about the most desired wish on the FBS official Facebook page and get ready to have their wish satisfied.

You can take part after meeting some simple conditions:

1. Write about your dream in the comments to the post.

2. Share the post on your personal Facebook page. Make sure it’s publicly seen.

3. FBS will choose the lucky ones whose dream will be brought to life.

For 12 years, the company has been providing traders worldwide with fast and secure access to the FX market, free educational materials, and expert support. Since 2009, FBS has been supporting those who in need and changing the lives. Thus, an owner of the most meaningful dream has a chance to change the life too! Stay tuned – a winner will be announced during a livestream on the FBS Facebook page.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Europe, Asia, Latin America, and the MENA. Its primary focus lies in offering financial products for currencies, stocks, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 12 years in the field, the broker won over 60 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

 

Gold: Crossing November Lows?

After, it rose to 1 955 – the second time since autumn – which created a suspicion that a bullish trend change may happen. Never happened. Just in several days, gold plunged to 1 845 and crossed the support of 1 800 – that’s what we’ve been observing recently.

Strategically, the support of 1 765 is an important indicator of the bearish power behind the current downtrend. If it gets crossed, we’ll have a solid confirmation that the market doesn’t find any serious reason to keep gold above 1 800. In this case, if 1 765 gets crossed, 1 700 may result to be a very possible target for bears in the coming weeks.

In the short-term, we are still waiting to confirm whether the large downtrend will continue or not. So far, 1 765 is still the secondary support; the primary is 1 775. Now, if the price bounces downwards from the local resistance of 1 800 where it’s aiming now, that may be the start of the downswing that would drag gold to cross the November lows of 1 865. Otherwise, If 1 800 gets crossed to the upside, there will be a higher likelihood to see a bullish takeover of the large panorama.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

FBS International Forex Broker Is Coming To Australia

ASIC is an Australian integrated corporate, markets, financial services and consumer credit regulator. Australian Financial Services License granted by ASIC is highly regarded in the trading community: it ensures that the broker complies with Australia’s strict financial laws and guidelines, protects the client’s funds and guarantees their security and transparency of the financial operations.

FBS is ready to offer its clients top-notch service, including:

  • Several types of trading accounts for both beginners and experts
  • Demo accounts for those who want to try out trading without making an investment
  • Over 120 trading instruments, including Forex, stocks and cryptocurrencies
  • An abundance of educational materials to help the clients grow
  • Negative balance protection to safeguard the clients’ funds
  • 24/5 client support to fix any issues that may arise
  • An Islamic swap-free option for traders who cannot receive or pay interest due to their faith

With the 12-year expertise and the ASIC license at hand, FBS is ready to provide excellent services to clients in the Australian region and those who want to trade with a reliable Forex broker.


FBS is an international broker with over 190 countries of presence and more than 16 000 000 clients. It is famous for regular, diverse, and advantageous contests and promotions that are highly appreciated by the global trading community. Besides, the broker offers various special services to make trading more pleasant and beneficial, such as swap-free and VPS services, and more. An official trading partner of FC Barcelona from January 2020.

FBS Added Stocks In FBS Trader App

From now on, traders can trade corporate giants’ stocks in all-in-one trading platform FBS Trader. Tesla, Amazon, Apple, and other grand variety of stocks are now available to trade right from the app!

FBS Trader is a brokerage app that allows trading on the go from a mobile device using handy Forex tools from anywhere at any time. It is aimed at traders of different levels. From beginners to professionals, anyone finds necessary instruments and easy-manageable tools for convenient and efficient trading with the trustworthy broker.

Stock trading is an extremely perspective way to explore the financial markets. It gives a multitude of opportunities for trading on fast-paced volatility. With strong educational support from the leading FBS analysts, even traders with zero background in stock trading have a chance to develop their skills right in the app and show impressive performance results.

FBS Trader – Online Forex Trading Platform app has everything a modern trader needs to keep up with the changing markets. Daily expert signals on the market moves help to choose the best trading options. With real-time charts and statistics, you will never miss the right moment to open or close an order. Trade stocks with the reliable broker by your side.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currencies, stocks, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 12 years in the field, the broker won over 60 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

FBS Clients Get A Chance To Win $300 000, Mercedes-Benz, And Other Prizes In The FBS 12 Years Promo

It is the biggest promo in FBS history with the prize fund of $1 200 000. This contest is aimed to celebrate the 12th anniversary of the company. FBS has been working since 2009 and wants to thank its clients all over the world. Everyone can get the most luxurious prizes – $300 000, Mercedes-Benz G-Class, a real gold bar of 1 kg, the latest Apple gadgets, and even more.

FBS 12 Years promo is a trading tournament with three standard tours and the Grand Finale. At the end of each tour, there will be a raffle where incredible cars such as Audi Q3, BMW X3, and Toyota Alphard, also bikes, and money rewards will be drawn. The registration for the first starts on January 27. The whole promo period lasts from February 1 to June 25. During this time, every participant has an opportunity to get amazing presents by meeting a few simple terms:

  • Join FBS 12 Years tournament.
  • Trade one lot, or invest $50, or invite a friend to get one lucky ticket.
  • Collect as many lucky tickets as possible to increase the chances of getting prizes.
  • Move higher in the tournament rating and have a chance to win $10 000, $20 000, or $30 000.
  • Participate in the Grand Finale and have an opportunity to get a Mercedes-Benz G-Class, a real gold bar of 1 kg, or $300 000!

The promo works in FBS Personal Area (web and app), FBS CopyTrade, and FBS Trader. Don’t forget to update the apps to the latest versions. Participate everywhere to multiply your chances of winning with your reliable broker.


FBS is an international broker with over 190 countries of presence and more than 16 000 000 clients. It is famous for regular, diverse, and advantageous contests and promotions that are highly appreciated by the global trading community. Besides, the broker offers various special services to make trading more pleasant and beneficial, such as swap-free and VPS services, cashback up to $15 per lot, and more. An official trading partner of FC Barcelona from January 2020.

 

FBS CopyTrade Launches A New Card Scanning Feature!

The FBS CopyTrade team has created a new feature for a more convenient app use! To make financial transactions like deposits or withdrawals, users can now scan their cards with their phone cameras.

No need to squint at all those symbols and put them in manually one-by-one. Now to complete a financial transaction, users can tap the card icon in the Card number field when filling in card information and let technology do all the dirty work. The app will fill in the card number, cardholder name, and the expiration date – the CVV2 code needs to be put in manually. The feature is available in the FBS CopyTrade app for both iPhone and Android users.

FBS CopyTrade app is the first of FBS products to introduce this feature. We will not stop here: our team is working relentlessly to make sure the investors have a great time using the FBS CopyTrade app. Our app has received awards as the most user-friendly social trading app – and we work hard to prove that we deserve these awards.

The FBS CopyTrade App is a dynamically developing platform for social trading. It is usually named the most user-friendly and easy-to-use copy trading application.

The app was launched in 2018. It is used by more than 5 million investors. FBS CopyTrade allows people who are less experienced in trading to increase their capitals by copying the selected skilled traders. The traders get an income from each copier’s deposit after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.

FBS is an international broker with over 190 countries of presence and 11 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

FBS is an official trading partner of FC Barcelona from January 2020.

Brexit: The Future of EUR/GBP

Off the radar

Eventually, during the very last week of December, the UK-EU deal was agreed. A couple of weeks passed since then, and we hardly hear of Brexit since. In the meantime, its effects will start manifesting soon enough. What might they be?

Winner’s view

According to Boris Johnson, the finalized Brexit is a big victory for the UK. And the Brexit deal – as opposed to the previously possible option of no deal – is even a bigger achievement. From a human point of view, that’s understandable. Boris Johnson and his supporters long sought the separation from the EU, and eventually, they did it.

For them, it’s a reward for a “long day’s march”. They see the restoration of the complete sovereignty of Great Britain as the main outcome of the Brexit process. The UK is no longer obliged to follow any overriding legislation such as the one the EU previously had over it. It’s a completely sovereign and independent state. In this context, even a no-deal Brexit would be a success, just for a higher price.

Therefore, making the deal with the EU puts the UK even in a better position. Roughly speaking, Boris Johnson presents the deal this way: the UK can enjoy free trade with the EU almost like it was before while it can also enjoy all the liberties of independence. It’s a “Canada-style” agreement, according to the UK PM’s words. A victory, in other words. That’s the impression you get after listening to the speech Boris Johnson gave in Brussels on December 24.

Observer’s view

Most analysts agree now that the UK will suffer more than it gains having left the EU. Therefore, the benefits of the deal do not seem to outweigh the losses that come from the strategic separation of the UK. Yes, the fisheries – as Boris Johnson specifically mentioned in his speech – will gain: the UK’s portion of the catch increases from ½ to 2/3 over a few years, and then becomes completely unlimited. Fair enough: a sovereign state can fish as much as it wants, in its own waters. But fishing accounts for less than 1% of the British economy – and even that one percent is largely coming from selling British fish in the European markets which will be more selective from now on.

That very much represents the entire state of affairs with Brexit outcomes for the UK: as long as it wants to make business with the EU, it will need to comply with the EU now-external-for-the-UK rules. In the meantime, many businesses, especially those of finance, already choose to re-base to France or other European countries as they don’t have legal permits to stay in the UK. Strategically, there will be more bureaucracy – and hence, more fees and non-tariff barriers – for every British business that wants to do trade with the EU.

The international investment will see it harder to get into the UK, too. Overall, an average estimation of the Brexit outcome is the following: the UK is now free to do what it pleases, but this liberty may cost it weaker international investor interest, lower economic output, slower business activity. So, generally, less of everything. How much less – we are yet to see.

Pound’s view

0.90 has been the baseline level for EUR/GBP over the last year. Now, as Brexit tension is over, and the emotional element in the pair’s behavior is weaker, it is likely to follow fundamentals more. In the mid-term, it will be about which one’s economy is weaker against the virus fallout: the UK, or Europe. In the long-term, when the virus will be gone (more or less, eventually), it’s about which one’s economy is more robust and attractive to investors. In the latter comparison, the EU seems to be up for a better outlook. Therefore, in the mid-term, EUR/GBP will possibly fluctuate around 0.90 and may check the depths of 0.87. However, in the long-term, 0.93 may be a very feasible target for bulls.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

FBS Personal Area is in Polish Now

The Polish language is widespread among European traders. Many of them prefer to use trading products in local languages. It makes the whole trading experience much more convenient. And FBS gives them such an opportunity. From now on, Polish-speaking traders are able to set their trading process in the language of their liking.

FBS is continually improving the quality of its products. The company has more than 11 years of expertise in the market and appreciate the feedback from the clients. That is why the company presents a new language option.

FBS Personal Area connects traders with the trading platform of their choice. In the PA, traders create new accounts, manage their funds, check the transaction history, provide personal details for secure trading, and even more.

What is more, FBS created its own application called FBS – Forex Broker, where clients can use all the web PA functions. The user-friendly app is available for Android users. Get it on Google Play and check out the local language.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

 

FBS Gives Presents Daily in Christmas Advent Project

Starting from December 1, the participants can open a cell in the calendar daily and get a random gift to catch the Christmas mood. The multitude of gifts are stunning – stylish merch from FBS, exclusive analytical lists for traders, educational materials of different types, videos, books, and courses. Educate yourself, trade, enjoy the holiday with presents from FBS.

The FBS Christmas Advent Calendar is active until December 25. On December 29, the live stream will be held on the official FBS Facebook page where the grand prizes will be drawn among all the participants. The grand prizes are iPhone 11 Pro Max, an FBS trader pack, or a personal consultation with FBS analysts.

There are no special rules to participate in the project:

  1. Go to the FBS Christmas Advent site.
  2. Enter your email.
  3. Open a gift in the calendar every day on December 1-25.
  4. Wait for the grand prize draw on December 29.

Join the project and get presents daily before Christmas to get in the holiday mood with FBS, a reliable Forex broker by your side.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

New Cashback Program in FBS Trader

FBS Trader – all-in-one trading platform – credits Cashback for every closed order. The rule is very simple: more trades – more Cashback.

FBS Trader is the first mobile trading platform with Cashback. Constantly updating its features, FBS Trader is a choice #1 for traders in Asia and the Middle East*. Cashback is one of its promotions that make trading more beneficial for FBS Trader clients.

How to get Cashback

Cashback is credited on just two simple conditions. When a trader:

  • activates Cashback in FBS Trader
  • has at least 5 lots traded for the past month.

After that, the trader gets as much Cashback as the level grants. There are four levels to take advantage of (5%, 10%, 15%, and even 20% of spread), and they are so easy to upgrade anytime. To get a new level, a client simply needs to continue trading.

Who can get Cashback

Cashback is available for both new and regular users – no restrictions on that. Anyone can try out new mobile trading with Cashback and see how beneficial it is.

Unlike most programs that credit Cashback once a month, Cashback in FBS Trader is credited right on the next day after the order is closed. The waiting time is reduced to a minimum so that a trader would enjoy Cashback as fast as possible.

Important to note that there are no restrictions on trading instruments to get Cashback. Any instrument counts. Forex, metals, commodities, stocks – they all wait for a trader to take advantage, profit, and get extra cash with every trade.

What is FBS Trader

FBS Trader is a product of FBS, a trusted broker, which is well-known among the global trading community. FBS strives to offer services and products of the highest quality. This trading platform is available for iOS and Android devices and allows to trade anywhere.

The easy-to-use interface and outstanding customer support of FBS Trader attract clients from all over the world. *In 2020, Global Banking & Finance Review awarded FBS Trader Best Mobile Trading Platform Asia. This November, FBS Trader got one more award, “Best Mobile Trading Platform”, at Smart Vision Egypt Investment Expo 2020.

Brexit and GBP: A “Move Week”… Maybe?

What we can comment on so far is this: eight months passed, and the EU and the UK are as far away from each other in their divorce process as they are geographically. Still, Irish Foreign Minister Simon Coveney called this week a “move week”. Can it be so indeed?

Really not sure now but let’s orient ourselves in the details of the Brexit status now.

Last week, two major Brexit architects left the camp of Boris Johnson. Lee Cain, offered a position of Chief of Staff, resigned rejecting the offer on Wednesday, and the next day, Dominic Cummings, a central figure and a key aide of the UK PM, announced he would leave duty after the New Year. There was no indication given to what exactly those departures are related to, and observers could not resist giving in to speculations on those reasons and their possible effect on Brexit.

Here, the primary negotiator from the UK side, David Frost, was quick to dissipate any doubt: the British stance will stay as adamant on its demands as it has been until now. Noting that “some progress in a positive direction in recent days”, he explained that the deal “might not succeed” – which by now is quite clear, after more than half a year of pretty fruitless discussions.

Brussels wants London to make concessions first. London wants Brussels to step back first. The UK wants freer access to its own fishing waters referring to the rights of sovereignty; at the same time, it wants to retain access to the European market because this is where most of the catch is sold. In the meantime, Europe wants to keep access to the British fishing waters as well with no desire to make it less than before. Also, it wants EU legislative bodies to be able to enforce the deals. The level playing field for business is the third crucial point where there has been little process.

In a nutshell, none of the sides wants to be the first to step back. In the meantime, EUR/GBP has already touched the summer lows of 0.8900. Why is the pound getting stronger against the euro? Psychologically, that may be explained by the fact that the GBP has more to lose. Hopes of getting Brexit straight push it against the euro, and the last months have been pretty full of hopes – and pretty much nothing more.

Note that in the long-run, the euro is still appreciating against the pound: since the beginning of the year, EUR/GBP moved from 0.83 to above 0.87, and the uptrend hasn’t been broken yet. The September-November bearish incursion may well be just the last ray of hope for the GBP before it softens. Be very careful with the supports of 0.8900 and 0.8870: if this week nothing moves, EUR/GBP may reverse to the upside once again.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

Meet Fresh Updates in FBS Trader App

With the updated Trading Platform, traders get the possibility to set the outlook of the dashboard to make it more operable and suitable for the needs. New updates bring the following changes:

  • Sorting out of the trading instruments according to four main characteristics is now available:
    • Most traded
    • Most volatile
    • Top risers
    • Top fallers
  • The categories of trading instruments are on the dashboard page now.
  • There are no limits to favorite instruments.
  • The possibility to customize the card order.
  • A new way of deleting cards from the favorites – place them in the recycle bin.

From now on, trading with the FBS Trader – Reliable Forex Trading Platform app becomes more personal. Traders can control the dashboard and move the elements’ order in the way they would rather prefer to have. The new update brings joy for those clients who have Android mobile devices. However, FBS releases an iOS version of the app soon.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

Free Email Educational Courses on Forex Trading From FBS

Traders of any level can boost their knowledge with the help of the lessons in one of the most convenient formats – email. It is fast, effective, and safe, especially in the era of the modern pandemic.

Email courses from FBS are termless. Anyone can subscribe any time and receive well-thought-out lessons, useful videos, and easy-to-do practical tasks to their email address. The email frequency depends on the course complexity. Anyway, FBS experts set it to be as comfortable for participants as possible.

Three email courses are already available for subscription:

  • Forex Basics – a course for beginner traders. It helps to start trading and support the first steps into the market. There are seven lessons, three educational videos, five practical tasks to learn how to open trades and manage them quickly.
  • Support and Resistance Levels – a course for traders of intermediate level. FBS experts tell about definitions, techniques for finding S&P levels, and ways of using them in trading during six lessons.
  • Forex Intensive – a course divided into two levels – for beginners and advanced traders. During five weeks, subscribers get a new email with the Forex Intensive program according to their knowledge level. Ten articles, ten posts, and five webinars – all for free.

The number of courses is gradually increasing.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

TRY: Hopes of Deliverance

Two days ago, the Turkish President Erdogan fired the central bank governor Murat Uysal. One day ago, the President’s son-in-law Berat Albayrak – the Finance Minister of Turney – announced we would go too. These events may well be a consequence of the fact that the Turkish lira lost very much value this year, the inflation is very high, and the Turkish central bank was reluctant to raise the rates under these conditions… so far. Hopes that this “so far” would change are the emotional spark that pushes the lira.

On the other hand, we don’t really know what stands between those announcements in the circles of Turkish financial authorities. It may also be that it was just another personnel toss that Erdogan did to ensure the faithfulness of those who rule the lira. In this case, we will see the Turkish lire get back into the negative zone.

The reality is: the Turkish lira doesn’t care who is the Turkish central bank governor or the minister of finance. The actions are what matters, who delivers them – doesn’t. And as long the direction of the monetary policy in Turkey – which is very politely called “unorthodox” by observers – stays the same, the lira will do nothing but lose value. Therefore, don’t take this drop as a game-changer yet. Rather, it’s a good offer for a tactical entry.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

Dutch Language in FBS Personal Area

The feedback from FBS clients states that a new language is highly appreciated among the audience. It allows Dutch-speaking traders to use the PA in the local language and makes trading even more convenient. Thus, the trading process has become easier than it was before.

FBS is constantly working on the quality of its products. The company has a deep understanding of how to create a lovable user experience for the clients. That is why from now on, even more traders can enjoy trading in their local language the way they like – both mobile and desktop versions of the PA are localized in Dutch.

FBS Personal Area is aimed to connect a trader with a trading platform. In the PA, traders can create new accounts, manage their funds, check the transaction history, provide personal details for secure trading, and even more.

Moreover, FBS has its own application called FBS – Forex Broker, where clients can use all the desktop PA functions but do in on the go. The smart app is available for Android users. Get it on Google Play and check out the opportunities it gives now Dutch users as well.

FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.