Learning how to trade: a guideline for newbies, how to trade on fbs.

How to trade on fbs


There are 2 main types of analysis. Firstly, you need to learn how to analyze charts – distinguish trends, find important levels where a price may reverse or accelerate.

No deposit forex bonuses


Learning how to trade: a guideline for newbies, how to trade on fbs.


Learning how to trade: a guideline for newbies, how to trade on fbs.


Learning how to trade: a guideline for newbies, how to trade on fbs.

Secondly, you will have to understand how important economic events influence the forex market. You will need to explore the economic calendar – a schedule of economic releases of the world’s major countries. With its help, you will be able to trade on the beneficial news as well as avoid the unwelcome events that may affect your trade. To make a trade, you need to know what to do. Analysis helps to decide which currency pair to trade and how to trade it. Moreover, it allows you to find the best moment to enter the market.


Learning how to trade: a guideline for newbies


You opened an account at FBS, but don’t know what to do next? You are wondering what you need to learn to become a trader? Here we have gathered the hints that will allow you to become a forex professional in no time!


The elements of trading


To trade forex, means to buy or sell currency pairs and profit on the changes in their exchange rates. This business consists of several important tasks.


Trading


As a process trading involves opening and closing orders in the trading terminal called metatrader. An order is a command to buy or sell a currency pair. The basic knowledge you should obtain is how to open, modify and close orders in MT, how to use different functions and features of the software and customize the charts. You can find detailed instructions on how to acquire these skills from our series of videos devoted to metatrader.


Market analysis


To make a trade, you need to know what to do. Analysis helps to decide which currency pair to trade and how to trade it. Moreover, it allows you to find the best moment to enter the market.


There are 2 main types of analysis. Firstly, you need to learn how to analyze charts – distinguish trends, find important levels where a price may reverse or accelerate. Secondly, you will have to understand how important economic events influence the forex market. You will need to explore the economic calendar – a schedule of economic releases of the world’s major countries. With its help, you will be able to trade on the beneficial news as well as avoid the unwelcome events that may affect your trade.


Consult our text tutorial about market analysis and follow daily market analytics and trade ideas on our website.


Risk management


Risk management helps to ensure yourself against negative outcomes and organize your finances in a way that will let you stay in the market for a long time and have multiple opportunities to trade. This is an essential element of your trading. Get to know the main rules of risk management that will help you to limit your losses and maximize your gains.


Psychology


Soon after you make your first trade, you will understand that this process is stressful and you need to get into the right mindset for successful trading. This may turn out to be more complicated than it sounds, but don’t worry: we have gathered psychological tips from experienced traders in this article.


The useful materials


FBS offers a great number of educational materials that will make your learning process fast, easy and enjoyable.


You can watch the video tutorials and then deepen your understanding by going through the text materials in forex guidebook.


For further learning, we recommend such books as daily trading & swing trading the currency market by kathy lien and trading for a living: psychology, trading tactics, money management by alexander elder.


FBS also offers free live educational and analytical webinars both for forex beginners and for those who already have some experience. At these lessons, you will be able to ask all your questions to professional analysts and trading experts. Check the webinar schedule to see which webinars are coming soon.



How can I start trading?


Do you want to start trading on forex? First and foremost we recommend you to check this link. There you will be able to find some valuable tips.


With FBS you can trade 35 currency pairs, 4 metals, and cfds.
Here are three steps to get you started:



  1. Open a real trading account.

  2. Deposit funds to your account (only for real accounts) by choosing any method available for your country.

  3. Download the metatrader4 or metatrader5 trading platform from our website and install it on your device.



Now you're ready to start your first trade. Don't know how to do it yet? See the small tips here:


How to open/close an order (position)?
There are several ways to open a trading order:



  1. Choose “tools” → “new order” in the program menu.

  2. Double-click on the name of the trading instrument in the “market watch” window.

  3. Click on the “new order” button on the toolbar.

  4. Press the F9 key on the keyboard.



When opening a position, it is necessary to fill in the following fields:



  • Symbol – choose the instrument for trading.

  • Volume – set the volume of the order (number of lots).

  • Stop loss – set the stop loss level (not obligatory). If it is 0.000, it is considered that the order is not placed.

  • Take profit – setting the take profit level is not an obligatory parameter either. If it is 0.000, it is considered that the order is not placed



Attention! If stop loss and take profit levels were set too close to the current price, you will see an error message: “incorrect S/L or T/P”. You will need to move the levels farther from the current price and repeat the request.


Pending order.
To open a pending order, please, press the F9 key on your keyboard and in the “type” menu choose “pending order”.


Closing of a position
to close a position, please, right-click on the order in the “trade” area below the chart and choose “close order” on the menu. Another way to close the order is to double-click on it in the “trade” area.


The order with the set levels of take profit and/or stop loss will close automatically when the price reaches the chosen take profit or stop loss. A long position is closed at the bid price, a short position – at the ask price.


To know more about the metatrader platform you can contact metatrader developers’ website.
Also, if you are using a PC version of the terminal, you can see a detailed description of the software functional by pressing the "F1" key on the keyboard.


You can find some useful tutorial videos on our website.


Also, we recommend you to read our forex guidebook.


Please, be informed that, unfortunately, under no circumstances can our customer support team be entitled to consult our customers on trading and trading strategies issues. In case you are interested in getting more information about practical knowledge, you can, first, look it up on the internet. Second, we provide you with an opportunity of opening a demo account to see how our trading conditions would work for a real account in case you would like to open one in the future. Thank you for understanding!



How can I trade with FBS trader?


All you need to start trading is to go to the “trading” page and choose the currency pair you want to trade with.


Check the contract specifications by clicking on the sign. In the opened window you will be able to see two types of charts and the information about this currency pair .


To check the candle chart of this currency pair click on the sign.
You can choose the timeframe of the candle chart from 1 minute to 1 month to analyze the trend.


By clicking on the sign you will be able to see the tick chart .


To open an order click on the “buy” or “sell” button.


In the opened window, please, specify the volume of your order (i.E. How many lots you are going to trade). Below the lots field, you will be able to see the available funds and the amount of margin you need for opening the order with such volume.


You can also set stop loss and take profit levels for your order.


As soon as you adjust your order conditions, click on the red “sell” or “buy” button (depending on your order type). The order will be opened immediately.


Now on the “trading” page, you can see the current order status and profit.


By sliding up the “profit” tab you can see your current profit, your balance, equity, margin that you have already used, and available margin.


You can modify an order either on the “trading” page or on the “orders” page simply by clicking on the gear-wheel icon .


You can close an order either on the “trading” page or on the “orders” page by clicking on the “close” button: in the opened window you will be able to see all the information regarding this order and to close it by clicking on the “close order” button.


In case you need the information about the closed orders, go to the “orders” page again and choose the “closed” folder - by clicking on the required order you will be able to see all the information about it.



How to open a trade in metatrader?


Now you are ready to start trading. Launch your MT4 trading terminal (the procedure for MT5 is very similar). Use the login and password provided to you by FBS during the registration. If you forgot this info, you can check the registration email sent to you by the company or set a new password in your personal area.


Sometimes it takes more than one attempt to log in. If your first attempt failed, click “file” and then “login to trade account”. Carefully fill in your login info making sure that you use the correct name of the server.


Check that you got connected: the columns in the lower right corner should be green and blue. If you see the speed of your internet connection there, all in fine: it means that you are getting live market quotes. It’s time to start trading!


To trade, you need to give your broker a command to open a trading position for you. Such a command is called an "order".


There are several ways to make a “new order” window pop up:



  1. Choose “tools” – “new order” in the program menu.

  2. Right-click on the chart; go into “trading” – “new order”.

  3. Double-click on the name of the trading instrument in the “market watch” window.

  4. Click on the “new order” button in the toolbar above the price chart.

  5. Press F9 key on the keyboard.



The “new order” window will appear. Here you need to choose the parameters of your trade.


Customization of trade parameters


“symbol” is the asset you want to trade. By default, the symbol on the active chart is chosen for trading, but you can pick another asset from the drop-down list. A corresponding tick chart will appear in the left pane.


The next is step is to determine the size of your position and write it in the field “volume”. In metatrader you set position size in lots: 1.0 is equal to 1 lot, or 100,000 units. You can read up on how to choose a position size in the article how to determine position size?.


Then it’s time to set the “stop loss” and “take profit”. These fields are blank by default. You can enter this information right away or later or choose not set these levels at all.


Stop loss (SL) is an exchange rate at which your trade will be automatically closed if the price goes in an adverse direction. Thus, SL limits your possible loss: in the worst case, you won't lose more than the amount you chose as a stop loss.


Take profit (TP) is an exchange rate where your trade will be automatically closed if the price goes in your favor. In other words, it’s your profit target.


If stop loss and take profit values are set, they will appear on the chart as horizontal lines at the corresponding price levels, making it easy for you to monitor open trades. If SL and TP levels were set too close to the current price, you will see an error message: “incorrect S/L or T/P”. You will need to move the levels farther from the current price and repeat the request.


The next important field is “type”. There are 2 types of orders – market orders and pending orders. The main difference between these 2 types is that market orders are automatically opened at the current market price while pending orders can be set for a specific price in the future.


If you choose market execution, your trade will open as soon as you hit the button “sell by market” or “buy by market”. If you choose a pending order option, you will be able to choose entry levels in advance. In this case, the trade will automatically open once the price level that you have chosen is reached, and you won’t need to be in front of the monitor when it happens. Read about the types of pending orders types of orders.


If “sell” and “buy” buttons are inactive, it means that you have chosen an incorrect order volume for this account type. Please check your settings for order volume and compare them to the trading conditions stated on our website.


The open order can be viewed in the terminal window by clicking on the trade tab.


How to close an order?


If you have set stop loss and take profit levels, the trade will automatically close once the price reaches one of these levels. If you want to close a trade at any time, highlight the trade in the trade tab of the terminal, right-click and select “close order”. Another way is to double-click the trade in the terminal. A window appears prompting you to confirm that your trade should be closed. Click “close #####” (the yellow horizontal bar at the bottom of the window) to close the trade.


Open position can also be closed by an opposing position or, in other words, a reverse position for the same symbol. To do this, open an order window, select “close by” in the “type” field, choose a position and press “close”. It allows closing two positions at the same time. If the position sizes in lots differ, only one of two opposite positions will remain. The volume of this position will equal to the difference between lots of the two closed positions, and its direction and open price (short or long) will correspond with those of the larger (in volume) of two closed positions.



FBS trade forex without deposit how to trade $100 welcome bonus


Trade 100 Bonus - Welcome bonus FBS!


We are going to discussing and actually introducing you about the leading forex, metals, CFD, stocks, forex exotic broker founded in around 2009 you can get more details about FBS on their website. The financial trading instruments providing company working in 120 countries and best broker in indonesia or best forex broker in southeast asia.


FBS broker


Well known forex, metals, CFD, stocks, forex exotic broker providing a suggestive solution for beginners as well as experienced traders. You can create your account by just going through the account registration button. You must need to complete the basic KYC (know your customer) formality for important reasons then after you can trade as per your decisions you like to take.


There are lots of trading brokers in the market to trade forex and other financial instruments but there is a thing that you must consider before registering and depositing your funds that is it worth it to trust on it for long-lasting financial/trading relationship. You must investigate greatly the things which are very crucial as well as common to check before getting into the part. FBS has the credibility level to start your journey with it whether you are a beginner or a seasoned trader.


Trading markets


Buying and selling of financial instruments called trading which we do on different brokers. Trading financial instruments such as forex, stocks, and others could be profitable or probability of loss and risky based on your trading style and decisions. Before depositing your real capital for actual trading you should make sure you are going to do an informed decision based on your practice and trading strategy with testing it and making it sure before finalizing it that what it’s result could come?


Therefore FBS introduces another promotional program with trade $100 welcome bonus for boosting your trading skill if you are still a newbie and curious to take part and get also reward in real money while testing your trading behavior and observing the market dynamics. You can join this program and get benefit from it and enjoy at the end real $100 withdraw if you made the right informed decisions.
GET $100 welcome bonus


Create an account then trade $100 welcome bonus


How to trade $100 welcome bonus


The probability is that you become confused or feel impossible to full fill the conditions for applying which are required for a successful bonus traded amount withdraw. You should remember that this promotional opportunity is made for testing and boosting your trading skills therefore initially the conditions could be felt tougher to leave it but you should keep in mind that consider it seriously and passionately.


Before reading the below our instructions for full filling the trade $100 bonus program you should read the bonus account conditions carefully.


How to full fill trade $100 bonus conditions in 50 days


First of all, you need to download one of the trading platforms from the FBS account dashboard to start your trading. After going further firstly you need to apply for the FBS trade $100 bonus account you can only apply for the bonus once from per IP address or device account. After creating your trading account getting your login credentials after that download your respective trading platform if you don’t know about platform usage check other articles about trading platform/software/terminal management/guidance/ui_tutorials.


Trade your $100 bonus with full filling conditions for withdrawing eligibility


Make sure you know about how to trade and having basic knowledge about technical analysis and entry-exit points. If you even do not know about the very basic things such as candlestick, indicator, chart reading, stop-loss pips MM(money management), etc. Then you should spend some time before to grab the basic concepts in other detailed articles.


So now we assume that you are now on the level of basic to an intermediary for an ideal person who can make informed decisions and can do the possibility right decisions to full filling the $100 bonus program. Basically you need to understand how, where, when and why you should take an entry into the market on the respective chart pattern to achieve the desired earning balance into your account.


Let say you have logged into your account now you have decided to complete the conditions in 50 days but a little bit confused about how exactly it’s possible in 30-50 days to read below.


Watch video in urdu


Conditions completions in 30-50 days



You know that the forex market remains closed on saturday-sunday due to that reason you should care about it to utilize the days carefully and make sure you don’t miss any day of the bonus program period. In short, you have 50 days approx after excluding weekends in total 35 possible active trading days for completing the conditions. So need to consider it seriously and do trading without any day miss in case your conditions remain to un fill within allowed days so that you could fulfill flexibly.


Now if you trade daily at least try to take 15 positions of allowed leverage 1/100 with the 0.01 lot size you should close between 10 points of 100 pips difference for full filing the condition. Remember all the trades that count for eligibility criteria which are taken and closed within one day that will count as active trades number 30 days in total 5 lots.


Lot size daily possible approx active trades pips difference min approx return per lot approx daily return 30-50 approx lots
0.01 15 100-200 $1.2 $18 $100 – $630 5.25


Condition fulfill


Now you have the possible plan to full fill the conditions if you invest your precious time seriously. The promotional program has a condition that you can only withdraw up to $100 once from an account after 50 days completion if you will eligible for withdrawing, your amount will transfer to your normal trading account for payout.


Another important considered thing is that your winning pips should be greater than the losing pips. You should not quite get confused between it just need to follow the above-given table, if things stay smother you will become eligible, only patience and consistency can give you the achievement at the end of 50 days practice.


Yes, you can only open 5 trades at a time but don’t worry you should close your positions on the little gain such as 0.25-0.70-1 until you full fill the 5 lot’s condition. You can not open another same direction position in one hour of a previous closed position also you are only allowed to trade major currency pairs such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD AUD/USD and NZD/CAD.


We hope you will not only succeed in this trading program also you will practice your investing/trading behavior for long-lasting trading and financial career opportunity grabber. You will learn when, why, where and how to take entry in the market. Share your experience must about this trade FBS $100 bonus if you join this and test your skill and also ask us questions about if you have or anything that missed should be mentioned or if you have a great or improved plan to full fill the required conditions.



How can I trade with FBS trader?


All you need to start trading is to go to the “trading” page and choose the currency pair you want to trade with.


Check the contract specifications by clicking on the sign. In the opened window you will be able to see two types of charts and the information about this currency pair .


To check the candle chart of this currency pair click on the sign.
You can choose the timeframe of the candle chart from 1 minute to 1 month to analyze the trend.


By clicking on the sign you will be able to see the tick chart .


To open an order click on the “buy” or “sell” button.


In the opened window, please, specify the volume of your order (i.E. How many lots you are going to trade). Below the lots field, you will be able to see the available funds and the amount of margin you need for opening the order with such volume.


You can also set stop loss and take profit levels for your order.


As soon as you adjust your order conditions, click on the red “sell” or “buy” button (depending on your order type). The order will be opened immediately.


Now on the “trading” page, you can see the current order status and profit.


By sliding up the “profit” tab you can see your current profit, your balance, equity, margin that you have already used, and available margin.


You can modify an order either on the “trading” page or on the “orders” page simply by clicking on the gear-wheel icon .


You can close an order either on the “trading” page or on the “orders” page by clicking on the “close” button: in the opened window you will be able to see all the information regarding this order and to close it by clicking on the “close order” button.


In case you need the information about the closed orders, go to the “orders” page again and choose the “closed” folder - by clicking on the required order you will be able to see all the information about it.



How can I start trading?


Do you want to start trading on forex? First and foremost we recommend you to check this link. There you will be able to find some valuable tips.


With FBS you can trade 35 currency pairs, 4 metals, and cfds.
Here are three steps to get you started:



  1. Open a real trading account.

  2. Deposit funds to your account (only for real accounts) by choosing any method available for your country.

  3. Download the metatrader4 or metatrader5 trading platform from our website and install it on your device.



Now you're ready to start your first trade. Don't know how to do it yet? See the small tips here:


How to open/close an order (position)?
There are several ways to open a trading order:



  1. Choose “tools” → “new order” in the program menu.

  2. Double-click on the name of the trading instrument in the “market watch” window.

  3. Click on the “new order” button on the toolbar.

  4. Press the F9 key on the keyboard.



When opening a position, it is necessary to fill in the following fields:



  • Symbol – choose the instrument for trading.

  • Volume – set the volume of the order (number of lots).

  • Stop loss – set the stop loss level (not obligatory). If it is 0.000, it is considered that the order is not placed.

  • Take profit – setting the take profit level is not an obligatory parameter either. If it is 0.000, it is considered that the order is not placed



Attention! If stop loss and take profit levels were set too close to the current price, you will see an error message: “incorrect S/L or T/P”. You will need to move the levels farther from the current price and repeat the request.


Pending order.
To open a pending order, please, press the F9 key on your keyboard and in the “type” menu choose “pending order”.


Closing of a position
to close a position, please, right-click on the order in the “trade” area below the chart and choose “close order” on the menu. Another way to close the order is to double-click on it in the “trade” area.


The order with the set levels of take profit and/or stop loss will close automatically when the price reaches the chosen take profit or stop loss. A long position is closed at the bid price, a short position – at the ask price.


To know more about the metatrader platform you can contact metatrader developers’ website.
Also, if you are using a PC version of the terminal, you can see a detailed description of the software functional by pressing the "F1" key on the keyboard.


You can find some useful tutorial videos on our website.


Also, we recommend you to read our forex guidebook.


Please, be informed that, unfortunately, under no circumstances can our customer support team be entitled to consult our customers on trading and trading strategies issues. In case you are interested in getting more information about practical knowledge, you can, first, look it up on the internet. Second, we provide you with an opportunity of opening a demo account to see how our trading conditions would work for a real account in case you would like to open one in the future. Thank you for understanding!



FBS copy trade guide – discover how FBS works


Since there are a lot of websites sugar-coating social and especially copy-trading, we've decided to create these reviews and guides in order to dispel any illusions, you might have. We want you to know exactly what you're getting into.


One of the things you should know right from the start is how traders can inflate their numbers in order to appear more successful than they actually are. Some of the platforms, like FBS copytrade, but also zulutrade, myfxbook, etoro, or metatrader 5 (award winner in 2019) have a certain list of successful traders you can follow. However, following those traders isn't a guarantee at all. You need to be aware of the risks and that its quite possible for a trader to end up on the list even though he does not belong there. We will explain how that's possible and what you need to look at in order to avoid this sort of traders.


This complete guide will shed light on FBS copy trade: scam or legit? Can you withdraw the commission and how long it takes? Are "professional" traders real? Is execution manipulated?


About FBS


FBS markets inc. Is a forex and CFD broker that offers its services across the globe. The company was established in 2009 and since then, the brand has grown in size, capacity and technology. It offers currency pairs, cfds, stocks and metals on its modern platforms. The broker website is available in 18 languages.


Behind the brand is FBS markets inc., a company licensed and regulated by the international financial services commission of belize (IFSC).IFSC has very liberal control over forex brokers, but still, the regime in belize is better than those in other offshore jurisdictions.


The broker offers the suite of metatrader platforms, including metatrader 4 (MT4) and metatrader 5 (MT5), developed by metaquotes software corporation.


FBS offers only 48 instruments, including 37 currency pairs and 11 cfds, four of which are cryptocurrency cfds.


Arbitrage and scalping are not allowed.


The maximum leverage plays negatively to the company’s strength, the 1:3000 leverage is indeed the highest offered by any broker in the industry. Novice and even experienced traders are susceptible to the risks of higher leverage, as a huge margin of 1:3000 can wipe out the investment with just a 3 forex pip move. Considering that the starting bid-ask spread for the micro account is 3 pips, it is easy to understand how a trader can face a margin call copy trading someone with a larger amount in his account.



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Cfds are complex financial instruments traded on margin. Trading cfds carries a high level of risk and may not be suitable for all investors. Please ensure that you understand the risks involved as you may lose all your invested capital. Past performance of cfds is not a reliable indicator of future performance. Most cfds have no set maturity date and a CFD position matures on the date an open position is closed. Please read our ‘risk disclosure notice’. When trading cfds with AM globe services LTD, you are merely trading on the outcome of a financial instrument and therefore do not take delivery of any underlying instrument, nor are you entitled to any dividends payable or any other benefits related to the same.


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How to trade?


Information is not investment advice


To 'trade forex' means to buy or sell different currency pairs.


For example, the current price of EUR/USD is 1.1000. If you expect the euro to appreciate against US dollar, you buy EUR/USD. This is a common forex transaction. To perform it, you need to open a trading program (metatrader 4 or metatrader 5), click on a “new order” and then choose 'buy'.


As some time passes and the price of EUR/USD rises, you close the position and get the profit. The amount of profit depends on how much the rate of this currency pair has increased as well as on the size of your position.


If your assumption was wrong and EUR/USD declined after you bought it, you will have a loss. Same as with profit, the size of your loss will depend on how much the rate of this currency pair has fallen during this time and the size of your position.


Traders who expect the prices to rise are called ‘bulls’, while those who expect a decline are referred to as ‘bears’. A buy trade is also known as a ‘long position’, while sell trade is also called a ‘short’ position.


Currency pairs tend to move in trends, i.E. To rise or fall for significant periods of time. “A trend is your friend” is a common saying among traders. If you see a series of higher highs, it’s an uptrend and you should focus on buying. If you see a sequence of lower lows and lower highs, it’s a downtrend and it’s necessary to consider selling. The idea of trend trading is to open positions at the start of the trend and get a big profit as it progresses.


It’s sensible to buy at a lower price and sell at a higher price. Notice though that one currency is always strengthening against another. The same is also true: one currency is always weakening against another. As a result, you have an equal opportunity to buy or sell to enter the forex market. All you need to do is to analyze the chart and the economic potential of the currencies that form a pair and make a forecast about which direction it will move next.


The currency pair rates are volatile and constantly changing. Whichever movements were on the chart in the past, don’t worry that you’ve missed your trade. Right now is your chance to make money on the forex market!





So, let's see, what we have: you are wondering what you need to learn to become a trader? Here we have gathered the hints that will allow you to become a forex professional in no time! At how to trade on fbs

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