General Information
FCS Business Solutions is an online forex broker registered in Saint Vincent and the Grenadines, allegedly providing access to more than 2,100 trading assets across forex, stocks, indices, commodities and more through the leading MT5 trading platform.
Is FCS Business Solutions safe to trade with？
When it comes to regulation, FCS Business Solutions obviously disappoints us due to the lack of authorization and licenses to operate forex and CFD trading services.
The regulatory status of this regulatory status on the WikiFX website is marked as “No License” and it only receives a quite low score of 1.19/10.
Bear in mind that trading with an unregulated and offshore forex broker contains a high level of risk. Before you deciding on any broker, you are strongly recommended to check out a forex brokers regulatory licenses on WikiFX.
Market Instruments
FCS Business Solutions claims to offer its clients over 2,100 trading assets, which include the following classes:
Forex-Major, Minors, and Exotic Currencies
Commodities-Gold, Silver, Copper, Crude Oil, Brent Oil and Natural Gas
Crypto-Bitcoin, Litecoin, Ripple, MONERO and ZCASH
Indices-INDIA50, DOWJONES, NASDAQ100, FTSE100, and JAPAN225
Shares-APPLE, FB, GOOGLE, CANABIES, and more
Spreads
FCS Business Solutions hypes that it offers competitive spreads, 0.2 pips on the major pairs, like the EUR/USD and the GBP/USD, 0.3 pips on Gold and Silver. However, investors are recommended to open a demo account to test its trading environment first.
Trading Platform
FCS Business Solutions offers its clients access to the leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, Android and IOS. The MT5 trading platform is among the most popular trading platforms around the world, featuring robust charting package, multiple technical indicators, and more importantly, it supports EA, allowing traders to automate trading themselves.
Payment Methods
The minimum deposit to start trading with this brokerage house is not disclosed, and FCS Business Solutions allows traders to make a deposit and withdrawal through the following channels:
VISA
MasterCard
NETELLER
WebMoney
Skrill
However, further information about withdrawals and processing time are not disclosed.
Customer Support
FCS Business Solutions provides 7x 24 customer support, and they can be contacted through the following channels:
Telephone: +65-31-595-783
Email: contactus@blacksuitbrokers.com, partners@blacksuitbrokers.com
Registered Company Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
Also, you can follow this brokerage house on Facebook, Linkedin and Instagram.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved, and it is not suitable for all investors.
The information presented in this article is intended solely for reference purposes.
2023-02-17 15:50
2022-12-05 17:39
2022-12-05 16:28
