What about FBS??
At FBS, you can enter the trading market at the age of 18.。Just a trading account and enough knowledge of the market to start trading。
Introduction to FBS
Founded in 2009 and regulated by Belize FSC, FBS has grown to more than 150 countries, has more than 410,000 partners, and is the broker of choice for more than 23 million traders.。
As one of the award-winning brokers, FBS values the trading experience of its clients。As a result, the broker offers accounts based on the needs of different types of clients, such as swap-free accounts (Islamic accounts).。In addition, there are a series of free special events designed to increase trading interest and enrich the trading process.。
FBS Details
Trading Account
FBS offers 8 different account types: cent account, micro account, standard account, zero account, ECN account, crypto account, Islamic account, no overnight interest and demo account, with a minimum deposit amount ranging from $2-200。
Trading products
FBS offers traders a variety of trading products such as Forex, Metals, Indices, Energy, Stocks and exotic currency pairs to name a few。
Forex trading is the conversion of one country's currency into another and profiting from fluctuations in value, with up to 5 transactions per day in the foreign exchange market..About 1 trillion US dollars, it is the largest market in the world. It is one of the easiest markets to enter. It has relatively little start-up capital, flexible trading hours and high trading volume。
The market is highly volatile and liquid, and traders need to predict the movement of the single currency pair, but it is influenced by a variety of factors。
In foreign exchange trading, spreads usually widen as volatility increases or liquidity decreases due to out-of-market trading, depending on trading hours and market conditions。At FBS, you can choose the spread trading instrument that best suits your needs: 0.Floating point difference from 5 o'clock, fixed point difference from 3 o'clock or zero point difference。
- Metal
In the trading market, gold is the most attractive and traded, and its price is basically based on global economic trends (reverse); other precious metals, especially silver, are equally volatile and have many trading opportunities.。Typically, precious metals are safe-haven assets, inflation hedges and portfolio diversification tools, and their inclusion in a portfolio not only makes them more diversified, but also improves long-term profitability。
The leverage ratio of precious metals trading is fixed, which can optimize returns and ensure risk control。For XAU (gold) and XAG (silver), the leverage is fixed at 1: 500 and the minimum number of trading lots is 0.1 lot to provide better short-term position opportunities without affecting risk management。Palladium and platinum instruments can be traded with a fixed leverage of 1: 100, maintaining a balanced risk approach。
- Index
Index trading allows traders to profit from the difference between the opening and closing prices of the underlying asset, and also to trade both ways like currency pairs。For example, if you think the index will rise, open a long (buy) position; if you think the index will fall, open a short (sell) position。
For equity indices, whose prices are usually driven by news (e.g. earnings reports), political issues and global economic conditions, technical analysis is also a good choice.。You can trade the index during the main market trading hours of the selected index. The trading hours of the US index are 15: 00-0: 00 MT time, but the market is closed on Saturday and Sunday。
- Energy
Crude oil (WTI and Brent) is a major commodity in the energy sector and is highly volatile due to its geographical nature.。In general, crude oil is traded in the same way as any other asset。At FBS, you can trade crude oil and natural gas on favorable terms - zero commission, competitive spreads and 1: 200 leverage。
- Stock
Stock trading offers higher short-term profits than other trading instruments, and the spread of a stock is the difference between the highest price the buyer is willing to pay (the bid price) and the lowest price the seller is willing to accept (the ask price).。A stock can rise or fall tens of percent in a day, and in both cases, you can make a profit。For example, if you think Tesla stock will go up, open a long (buy) position。Open a short (sell) position if you think the price will fall。
FBS offers preferential conditions for stock trading - transparent price, 1: 100 leverage, fast market execution and more。
An exotic foreign exchange currency pair is a currency pair consisting of a major currency (dollar, euro, etc.) and the currency of a smaller or developing economy.。Despite its high risk and low trading volume, it will bring greater volatility。
For exotic currency pairs, the spread is the difference between the bid and ask prices。The bid price is a buy order in which you can sell the base currency; the ask price is a sell order in which you can buy the base currency。The base currency is the first currency in a currency pair。
Trading Forex exotic currency pairs will require a special platform。At FBS, traders can trade exotic currency pairs on the MetaTrader 5 platform or in the FBS Trader app, allowing them to effectively seize market opportunities and keep an eye on price changes.。
Trading platform
In FBS, traders can choose MT4 or MT5 as their own trading platform, they are the most convenient, practical and reliable, can use a variety of analysis mode planning strategy, to help traders profit。In addition, there is a mobile version to help traders achieve a trading experience at their fingertips.。
The MT4 trading platform provided by FBS has the following functions:
- Encryption of data exchange between client and platform server;
- Ability to create, purchase and use Expert Advisors (EA) and scripts;
- 50 indicators and charts and other technical analysis tools;
- One-click trading and embedded news;
- 4 types of pending orders;
- hedging positions;
- VPS Service Support。
MetaTrader 5 inherits the best practices of its predecessor and is a more feature-rich software。It provides a wider choice of analytical tools, the possibility of trading stocks and commodities in addition to currencies, and additional time frames.。The MT5 trading platform provided by FBS has the following functions:
- Extension options for creating technical indicators, trading robots and practical applications;
- 90 indicators and charts and other technical analysis tools;
- One-click trading and embedded news;
- 6 types of pending orders;
- economic calendar;
- hedging positions;
- 21 time frames;
- VPS Service Support。
Trading instruments
- Trading Calculator
Different trading parameters may result in significant changes in spreads in points, swaps long or short, and margin.。
The Trader Calculator is a powerful tool to help you quickly and easily estimate potential profits and manage risk before opening a trading position. It will also help you make the best trading decision before opening a position for the selected tool。
To estimate the amount of funds required to open and hold a trading position, specify the required data in the calculator, after clicking the "Calculate" button, the margin will be automatically displayed。This information will help you determine the lot size and leverage so as not to exceed your trading account balance。
Economic calendar is a tool that allows traders to perform fundamental analysis of financial markets based on economic news, by understanding macroeconomic events that affect the market, making forex trading decisions based on data。The economic calendar includes information about major economic events, as well as political news and its impact on the foreign exchange market, all financial events are used as economic indicators。
In addition, the economic event calendar shows the time and date of indicator data release, the currency of the expected impact, and the degree of impact of each indicator, reflecting the impact that a particular indicator has had or will have.。FBS's Forex Economic Calendar is divided into three columns to show the values of economic indicators: historical, forecast and actual, and is automatically updated as the report is published.。
- Currency Converter
FBS Currency Converter is a free and real-time updating online forex rate calculator to convert one currency to another and check its corresponding value。
Educational Materials
For novice traders, the volatility of the market is often dazzling。Therefore, FBS has launched a variety of free educational materials and tools to protect novice traders, and even for professional traders, the material is also very rich and worth learning, including:
- Webinars
- Forex Video
- Offline Workshop
Conclusion
At FBS, you can enter the trading market at the age of 18.。Just a trading account and enough knowledge of the market to start trading。
Any trader can learn the basics directly through FBS's free educational materials, in addition, the broker also offers demo accounts to test the environment through virtual currencies。
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