How to open an FBS account?
Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading.
How to start trading?
If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.
How to withdraw the money you earned with FBS?
The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.
Margin is a necessary sum you need to maintain open positions. Usually, it equals to 1-2% of the position size.
Leverage and margin are connected. If you want to trade a larger position but you don’t have enough money, you can use leverage. However, the leverage may be used if only you deposit margin required by your broker. More about leverage is here.
Margin requirement is the amount of money required by your broker to open a position.
Usable margin is the amount of money that is still available to open more positions.
Used margin is amount of money that is locked by your broker until you close your current position or get a margin call.
Margin call is used by brokers to warn that you need to close your trade or deposit more money to meet the minimum margin requirement.
2022-11-23 • Updated