Being born in 2008; Forex FS is an Australian financial services company that acts as a direct processor between its clients and banks. They don't hold any reserved positions. It offers the trade of over 50 currency pairs as well as precious metals on two trading platforms. The company behind Forex FS is Forex Financial Services, which has an Australian Financial License. Australian Securities and Investment Commission (ASIC) organizes Forex Financial Services.
Australian Securities and Investment Commission need licensed financial service providers to meet up specific capital requirements and compliance with internal standards, including risk management, personnel training, accounting, and auditing. Forex brokers from Australia must have at least $ 1 million to prove their financial position. Besides, all customer funds must be available in full separable customer trust accounts. Unlike brokers from the United Kingdom and Cyprus, any compensation scheme does not cover for Australian companies.
Forex FS supports the standard trading platform Forex MetaTrader 4 (MT4), as well as J Forex Dukascopy.
The J Forex platform is available in this broker as desktop, web and mobile versions. The platform is ideal for traders who are interested in automated trading. Traders developing and testing trade strategies based on JAVA programming language are also suitable for this platform. Besides, integrated technical analysis tools also allow you to track items directly from the charts.
The platform of Forex FS offers its clients the following depositing/withdrawal methods: bank transfer and popular payments via Skrill, POLi and Neteller e-wallets.
Forex FS is a reliable STP broker. They offer competitive trading conditions on approximately 30 currency pairs, precious metals and crude oil on MT4.