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.
What is a benchmark?
A benchmark is a standard that is used to measure the performance of a security, mutual fund, or investment manager. Typically, broad market indexes such as S&P 500, Dow Jones, and Nasdaq are used for this purpose.
How to use benchmarks in investing
Benchmarks are usually used as follows. First of all, an investor creates an investment portfolio by adding different stocks. Then, this person compares the portfolio’s performance over a certain period with a benchmark, for example, S&P 500.
- If the portfolio shows greater results than the benchmark (traders say ‘outperform’), it signals that the investor’s decisions were right, the investing strategy was well-chosen, and can be used further.
- Alternatively, if the portfolio shows worse results than the benchmark (traders say ‘underperform’), it can show that investors’ decisions were wrong and the investment strategy should be changed.
What are the most popular benchmarks?
Most investors often use S&P 500 and Dow Jones Industrial Average indexes as they are two of the most well-known large-cap stock benchmarks.
What is benchmarking in business?
Benchmarking is a method of measuring the performance of one business against its competitor in the same market. Investors use this concept when they pick the stocks for their portfolio by comparing one company to another.
Want to create your investment portfolio? Check our guide!
2023-05-25 • Updated