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.
CAD – is an abbreviation that stands for a Canadian dollar (C$), the official national currency. In the FX markets, they call it ‘loonie’ because the one-dollar coin depicts a loon.
Since Canada is part of G7 and economically stable, their currency is also somewhat reliable and foreign banks often use as a reserve. The CAD position depends significantly on the oil price as well as the USA events because the latter is the biggest trading partner for Canada.
The traditional and the most tradeable currency pair involving the Canadian currency is USD/CAD.
2023-05-25 • Updated