The advantages of Forex trading

How to start your foreign currency trading easily

You may wonder why so many people are trying Forex trading? Well, there are many reasons to try it out. Let’s see the most common reasons to dive into the world of trading.

  • You can earn a lot and fast on Forex.
  • You can get tremendous returns in comparison with your initial deposit.
  • You need little money to start trading Forex. You can start with a $1 deposit and proceed with bigger amounts of money later.
  • While trading, you learn new things in the financial sphere, and you get vast experience in real-time. The knowledge you get is unique and practical.
  • You can manage time and earn the way you like. You are your own boss.
  • Moreover, you can earn from almost all places on Earth. All you need – is a steady internet connection.

How much money can you make trading Forex?

Of course, the numbers of your profits vary greatly in your efforts, analytical skills, and many other reasons. While many websites claim that Forex currency trading can help you to double or triple your money monthly, the actual information is quite different. In practice, professional traders return about 20-80% of their investments a month.

The number of 20-30% is both a realistic and a reasonable expectation. It’s like any other investment. Having such realistic expectations for your profits will set you up to succeed more than thinking that you can get rich quickly with only $50 in your pocket to start.

What are the risks of trading?

Please remember that Forex trading is a somewhat risky business. You should trade only the money you can afford to lose.

At the same time, there is no need to be afraid of the risk on the whole. As the trader, you have to take a reasonable risk. You can always find the information on risk management on our website. Watch our ‘What is Forex risk management’ video and find out how to trade with comfort.

Frequently asked questions

  • 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 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.

  • 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 activate Level Up Bonus?

    Open Level Up Bonus account in web or mobile version of FBS Personal Area and get up to $140 free to your account.

Latest news

What Are FOMC Insights?

The Federal Open Market Committee, a committee within the Federal Reserve, will reveal a detailed record of the central bank’s last meeting on July 6 at 21:00 MT.

Will Australian Cash Rate Change?

The Reserve Bank of Australia will announce its cash rate and make a statement about future rate policy on Tuesday, July 5, at 07:30 MT.

ISM PMI Indicates Contraction

The US Institute for Supply Management will release ISM manufacturing PMI on July 1, 17:00 GMT+3.

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