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Home Press Release

Xero Market And FBS Malaysia Discussed By Trading Experts | NewsBTC

August 22, 2023
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Xero Market And FBS Malaysia Discussed By Trading Experts | NewsBTC
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FBS is an internationally renowned online trading broker with a presence in over 190 countries. Operating for more than a decade, it has received around 40 awards from various international regulatory bodies and industry associations. The broker offers a well-developed platform with responsive design features, catering to both mobile and laptop users. With multiple trade accounts and a focus on providing fair fees and a wide range of trading instruments, FBS Malaysia is a trusted and reliable option for traders.

Traders Union analysts thoroughly analyzed the operations of this broker and compared it with the activities of another equally interesting broker — Xero Market, which is currently operating in the classic Forex segment.

Xero Market: Prospects in the Global OTC Financial Markets

Operating in the international OTC financial markets for a few years, Xero Markets presents both advantages and disadvantages. While it lacks competitive advantages due to limited assets, inflexible tariff policies, and a lack of proprietary technical tools, the company demonstrates promise by confidently establishing a presence in the Asian market and ambitiously aiming to conquer Europe. This ambitious approach suggests that European regulators’ licenses may soon be acquired, leading to an expansion in their arsenal of trading assets. Consequently, Xero Market aims to offer new proprietary developments, enhancing the comfort of traders on their platform.

FBS Malaysia: Trustworthy and Responsive Online Broker

When searching for an online broker, several considerations come into play. However, three crucial factors stand out: trustworthiness and legitimacy, fair fees, and a wide variety of trading instruments. General information on FBS Malaysia suggests that it not only meets these expectations but exceeds them, offering a well-developed platform with responsive design, catering to both mobile and laptop users. Additionally, traders can choose from several trade accounts, ensuring personalized conditions that align with their preferred trading instruments and strategies. Moreover, EU traders benefit from the added perk of negative balance protection, enhancing their overall trading experience.

Comparing FBS Malaysia and Xero Market Trading Conditions

TU experts have analyzed the trading conditions and reviews about these two brokers and are ready to share the obtained results.

FBS Malaysia offers exceptional trading conditions, especially for Forex traders. Apart from major currency pairs, the platform provides opportunities to trade in futures, indices, commodities, and even more exotic currency pairs. While clients from various parts of the world are accepted, it’s important to note that the United States is among the few exceptions where services are not available.

With regards to Xero Market, analysts at Traders Union believe that Xero Market has chosen a niche within traditional trading, focusing on two types of STP and ECN accounts with corresponding commissions. Their selection of assets includes currency pairs, metals, and oil, primarily utilizing the standard MT4 platform. While the broker serves European clients and operates in several countries, it is evident that their primary aim is to cater to the Asian market. However, there is potential for the platform to expand its range of trading assets, introduce additional services, and eventually compete in the European market.

Pros and Cons of Xero Market and FBS Malaysia

TU analysts have examined and outlined the strong and weak points of two brokers. Here are some of them.

Xero Market Pros:

  • Small entry threshold starting at $10.
  • Relatively small spreads with a 1 pip markup per quote.
  • Simple trading conditions with one platform and two account types.
  • Quick money withdrawal (24 hours, except for bank payments).
  • Leverage of up to 1:500.

Xero Markets Cons:

  • Lack of regulatory licenses.
  • Limited technological competitive advantages.
  • Lack of transparency in trading conditions.

FBS Malaysia Pros:

  • Round-the-clock customer support.
  • Wide variety of trading instruments.
  • Easy and straightforward registration process.
  • No inactivity fee.

FBS Malaysia Cons:

  • A small number of base currencies are available for funding accounts.

Conclusion

FBS Malaysia emerges as an excellent international broker, regulated by reputable bodies worldwide, offering diverse trading instruments and flexible fees. While investment protection is available primarily to Europeans, it remains a reliable option for traders globally. On the other hand, Xero Market, being a mid-range broker with a focus on classic trading, lacks the technological advancements and regulatory backing seen in more established brokers. Traders Union experts, after reviewing client feedback on Xero Market, advise against working with this broker as many clients express dissatisfaction with their services.

Disclaimer: The content of this partner post is provided by Traders Union. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.



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