The English-language dealing portal with the original name Forex Broker Inc. (FBI) is owned by Noble Servives Ltd, a Malta-registered company. This company strives to position itself as a respectable international organization working with clients from all over the world, including the United States.
According to statements published on the forexbrokerinc.com, traders are at the disposal of isolated (segregated) accounts in “well-established banking institutions of the European Union”. At the same time, negative reviews about the FBI from English-speaking and Russian-speaking users (for example, on forexpeacearmy.com and earnforex.com) are not uncommon.
Contract
The negative impression is supported by the language given by the company in the introduction to the text of the contract: “Forex Brokers Inc. is a serious Forex broker managed by a group of Professionals with unprecedented market experience. This “market experience” is a key element of our impeccable service and defines our uniqueness against other Forex brokers. We continued to trade despite numerous wars, coups and economic crises. Nowhere else will you be able to find such a level of professionalism.”
Forex players who are considering the prospect of cooperation with the FBI should pay maximum attention to the rules set out in the contract. In particular, paragraph 26 referred to the company’s right to impose any restrictions on accounts at its own discretion, including volume. In turn, paragraph 52 notes that Forex Brokers Inc. absolves itself of responsibility for the accuracy or completeness of any information and trading recommendations provided to users.
Forex Broker Inc. Trading Conditions
Customers will be trading in Forex Broker using the MetaTrader 4 terminal. Mobile devices include MT4 Mobile and FB Mobile Trader, and MT4 Mobile is available separately for tablets. The SIRIX Webtrader web interface is also available on forexbrokerinc.com. Conditions for traders include:
- The ability to work with currency pairs, precious metals (spot), contracts for price difference and energy (oil and gas);
- Starting deposit from $5 for all accounts;
- Commission up to 1.5 p.;
- spread from 0.3 p.;
- shoulder up to 1:500;
- deposits in dollars, euros and yen;
- Margin Call 100%;
- Stop out 20%.
Forex Broker Inc.,