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.
The term "horizontal line" is used in finance and economics as the x-axis in the chart. We proceed this line from left to right. The term comes from the geometric analysis, where this line is widely used alongside with the vertical line (y-axis).
In technical analysis, the horizontal lines represent the part of the charts. A chart shows the movement of prices over time, with the horizontal axis showing the time scale and vertical axis showing the price scale. You can insert additional horizontal and vertical lines to the chart. The vertical ones are used to determine the time when the candlestick appears. The horizontal lines, in their turn, serve as a necessary trading instrument which helps a trader to determine support and resistance levels.
Horizontal lines are used in horizontal analysis. It compares the value of prices over time. The horizontal analysis may be helpful for a fundamental analyst, where an analyst compares the reports or statements over time. Time acts as the x-axis here and allows to calculate the percentage changes over time.
Horizontal lines are also a part of supply and demand curves with the price on the vertical line and quantity demanded on the horizontal line on a graph.
2021-05-17 • Updated