FBS.com How To Register / Deposit / Trade / Withdraw / Bonus Full Forex Tutorial - YouTube

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Are you looking to start trading forex but unsure where to start?
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Here I will be guiding you on registering a FBS account to your first ever trade in
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the forex market.
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I will be posting the timestamp on the comment sector, so you can skip to the part you want
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to watch.
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FBS, should not sound unfamiliar to you, there are million of millions of their ads circulating
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online especially in Asia country.
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Or better yet, according to SimilarWeb this company serve over an estimate of 2 million
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visitors per month.
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Their traffic peak at 11 million visitors back on December during the football championship
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game, which they are part of the Official Partner of FC Barcelona, and the traffic slump
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dramatically after the event ends.
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Found in 2009, FBS are regulated by 2 different regulatory bodies which are, CySec for European
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clients that live in Europe, at FBS.eu IFSC, a Belize regulatory, for Asian Customer
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who live in Asia countries, at FBS.com If you've been trading for awhile, you would
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have notice most Forex Broker abide to at least 2 to 3 regulatory bodies.
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And also, there were debates over IFSC's legitness comparing to more established and highly reputed
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international regulatory bodies.
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If it happen that you want to make huge sum of deposit, uhm...
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They do not offer services to the following countries listed here.
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Well, despite the controversial over the regulation, they claimed to had over 15 million active
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users and were awarded for numerous awards
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FBS offered 5 types of different accounts which are Standard, Cent, Micro, Zero and
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ECN account.
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There weren't much information here, so I have to personally create 5 demo account to
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test the differences.
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I've created a comparison of 5 types of accounts.
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Left we have min deposit.
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Leverage, which is the amount of cash held by your broker, the higher the leverage the
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bigger the volume size you're allowed to trade.
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Spread, the price differences between the buy and sell based on EUR/USD.
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X Unit Per Lot, is the minimum contract size based on unit.
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Price 1 Pip 1 Lot, the amount of dollars moved per lot based on EUR/USD, which means if you
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purchase 1 lot, every pip movement will cost you.......
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Commission Per Lot, some account charges a fixed commission instead of the floating spread
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rate.
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In terms of cost efficiency, the lowest cost you pay per trade.
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Although Zero and ECN account offer 0 spread, but instead they charges commision per lot.
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Where Zero account charges $6 commission per lot which equals to 0.6 pips based on eur/usd
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Which is much cheaper comparing to standard, and cent account, 0.8 pips.
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Then, if you want to trade on a veryr small volume, you should register a cent account.
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So the most ideal account here is, zero, then cent then standard.
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Decide which account is suitable for you.
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Before registering an account, you're required an email address, a phone number, your personal
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document like passport or identity card for identity verification, a device, to use the
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trading software and lastly, funding source, like credit cards and electronic payment.
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Now go to FBS.com, we want to register a new account, so click the Open Account.
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If you're interested in joining FBS, I would be very appreciate if you use my link.
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Thank you.
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Enter your Email Address and your Name.
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Your real name of course.
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Register as Trader After the email confirmation, you will be
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landed on this page, asks you the select the MetaTrader version and Leverage you prefer.
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MetaTrader 4 and MetaTrader 5 does not have any differences, mainly because FBS offers
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mostly currency trading, but we will be using MT5 for now.
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Leverage can be 1 to 100 or 1 to 3000, just don't set yourself in panick mode or overtrade,
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and you will be fine., your account detail will be ready, save it
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somewhere, because I'm sure you cannot remember..
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Back on your FBS dashboard, you are required to verify your phone number and confirm your
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personal identity by uploading your identity card or passport or something, you can simply
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take a picture and upload it.
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Please note, it is recommended to place a little piece of papper writing FBS verification
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purpose only on top of your identity card to prevent malicious uses, in cases some theft
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uses it for you know, fraud.
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Please do that.
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It takes quite a while for them to verifiy, after the verification process is completed.
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You can deposit funds now, on FBS dashboard, click the "Deposit Funds"
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There are many variety of payment method you can use.
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These are electronic wallets, my local banks which they uses a 3rd party service to connect
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to your banking account like..... wow, and debit or credit cards, and lastly, you have
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bitcoin.
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Among the payment method here, I recommend using Exactly, a funny name, this service
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cover up extra fee charges, which is pretty good.
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But I prefer using Perfect Money, for it's flexiblity you can swap your currency to another
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currency or asset like bitcoin.
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Yes.
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So, say, now I want to make a deposit of 25 dollars, I enter 25.
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Deposit, and proceed.
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Once completed, it might take quite awhile for the funds to appear.
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Meanwhile, you can make a cup of coffee and have a chat with your friend.
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Refresh the page and, there's my fund.
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Now we want to get accessed to the market, before that, click on your trading account.
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There are some notes I would like to point out.
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There's this, cashback and swap-free you would like to switch it on, cashback is cashback
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for every single trade you've made which gain as you trade upto $15 per standard lot.
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Swap-free basically mean the overnight fees you are required to pay for holding a trader
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overnight every day are waived off.
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Regarding the terms and condition of this are unknown, as stated on their bonus page,
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they goes, "Check out the full list of terms and conditions in the personal area".
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But I couldn't find it.
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Let's ignore that, it doesn't really matter if you deposit small, let's start trading,
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let's start the fun part.
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So incase you forget your password, which some of us don't store password at all or
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for any reason you can generate a new password here.
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Like this.
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And now the trading part, the trading platform we will be using is MetaTrader, there are
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many options here.
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You should pick the one your device supports, say if you're using an android phone to trade,
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download, it on PlayStore, and if you're using apple to trade, download it on AppStore.
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If your account is under MT5, download the MT5 version.
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I will be showing you the WebTrader version for now, to give you an idea how the WebTrader
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looks like.
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Switch to MetaTrader 5 here, my login information, server is FBS-ReaL.
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Okay and, this is the trading platform, it looks literally the same on Mobile or Desktop,
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only minimal differences.
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But I don't recommend you trading with the Web version, because it's slightly faulty
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comparing to desktop or on mobile..
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Switching to desktop version here and a fairly short tutorial what you need to know to start
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a trade.
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This is the symbol sets, some called trading instruments or trading pairs
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This is the selling and buying price.
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This is the symbol set's chart.
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This is the timeframe, you can literally swap it around.
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This is your balance, equity which is what you should focus on.
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To start a trade, simply right click on the symbol set and click new order.
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Decide if you should buy or sell, and click anyone of those.
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Your order is accepted and triggered.
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If you're trading on Desktop or Mobile version of MT4, I have created tutorial videos for
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both , I will paste the link below, you may want to check out.
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I sold GBP/USD earlier but accidentally deleted the clip, anyway I was profited at 2 dollar
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83 cents, that's an 11 percent gain.
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Now, it's time for withdrawal.
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Knowing that you profit quite a lot and decided to cash out.
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Go to FBS dashboard, and click finance on the left.
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You will be landed on this page, select the account with balance.
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And click withdrawal.
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Please note here, suppose if you're using credit card to make deposit, say $100.
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You're only allowed to withdraw the original deposit amount, $100 back to your credit card,
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the remaining profit can be withdrawn to either electronic wallets like skrill, neteller,
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perfect money, or wire on bank.
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I will be using perfect money to proceed the withdrawal.
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And after 1 hour, I've received it!
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That's all for this video, make sure to check out the metatrader tutorial video, otherwise
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you would confused where about to start, and if you have any question let me know in the
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comment box, like share and comment.
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Good bye!