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.
This term may refer either to the market or traders' behavior. It originates from a real bear who attacks downwards with its paws, which is a metaphor for pushing prices down.
Bears are traders who are pessimistic about the asset price and believe in its downward direction. Keeping in mind that the market will soon drop, they plan on profiting from short selling. That is to say, bears sell borrowed assets and repurchase them at lower prices. It is an advanced strategy that involves a very high risk of loss. Use it wisely, and only when you are experienced enough.
The market is considered to be bearish when the stocks, commodities, and indexes decline by 20% or more. This trend usually pairs with the overall economic stagnation, unemployment, a drop in business profits, and unstable social and political situation in the world.
Beware of a near trap that is created by investors of stocks and commodities sell the assets to make you think that the bearish market is overtaking the trend. Once in a bull trap, traders sell in fear of an inevitable drop. However, most of the time, the market either climbs or stays at the same level.
2022-07-26 • Updated