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Thursday, May 2, 2024

Building a Strong Philippine Trading Community: FBS Prioritizes Financial Literacy

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FBS, a leading online forex broker that operates in more than 150 countries, is taking significant strides to promote financial literacy and education among its users, including Philippine traders. The increased trading volume in the Philippines has propelled the country into the top five territories in terms of user activity over the past year.

“We have been witnessing a rising interest in trading among the users based in Southeast Asia. For example, trading volume of traders with the Filipino IP had a 2.6 increase since 2020,” said Ksenia Molodkina, Strategic Marketing Director FBS.

“We are committed to providing our users with the most relevant educational resources and tools to enhance their trading skills. By promoting financial literacy and education, FBS aims to empower every individual as they achieve their financial goals.”

As a form of FBS’ support for the trading community in the Philippines, the global broker became the official sponsor of the Traders Fair which was held in Manila recently. At the event, FBS representatives connected with the visitors and reiterated the importance of trading education.

Philippine traders, along with the majority of traders community in Southeast Asia, have been showing growing interest in diversified investment opportunities, having strong preference for trading in forex and metals. To meet the evolving need for data-driven trading, FBS has made significant efforts to promote financial literacy and education.

The Forex guidebook, a step-by-step course offered by FBS, explains the principles of forex trading, ranging from foundational concepts to advanced strategies employed by experienced traders. The guidebook acts as a comprehensive resource, equipping users with the necessary tools to navigate the forex market effectively.

To ensure accessibility and convenience, FBS has integrated trading education sections within its smartphone apps: FBS Professional Area and FBS Trader. This allows traders to access educational resources at their fingertips, enabling them to learn and enhance their trading skills anytime, anywhere.

FBS has also recognized the power of knowledge-sharing and engagement through webinars. As part of its commitment to financial literacy, FBS has reinstated free online webinars featuring professional traders. The most recent webinar held on May 24, 2023, addressed the critical topic of risk management, equipping traders with essential techniques to mitigate risks in trading.

For more information about FBS and its trading education services, please visit www.fbs.com.

About FBS: FBS is a licensed worldwide broker with over 14 years of experience and more than 75 international awards. FBS is steadily developing as one of the market’s most trusted brokers with its traders numbering more than 27,000,000 and its partners exceeding 500,000 throughout the globe. Its annual trading volume is over $8.9 trillion.

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