Seller

Seller

In the common sense the seller is someone, an individual or entity, who promotes or exchanges goods or services for money or any other kind of payment. 

In the Forex market the seller is the one who handles foreign trade investment possibilities by exchanging one currency for another. Forex seller is usually a commercial business, financial institution or an additional entity as an expense management firms. Brokers and agents working for these entities can either be foreign exchange sellers.

BREAKING DOWN Seller

The Sellers on financial markets are intermediaries between traders and their clients. Sellers work together with market maker traders and are responsible for client relationships. Sellers on financial markets are the ones who really know the clients, their needs, their resources, etc. Specifically, when clients call to purchase or sell financial assets, sellers are responsible for the entire trading relationship with them, they request confirmation of the sale or purchase price from the market maker before confirming the transaction with the client. Sellers may possibly add a small margin to the price that their market makers give them. Sellers are paid by means of their client portfolio and their margins. Sellers also have a part to play in informing and evaluating, as they keep their clients informed of new products and investment strategies that can meet the clients’ needs.

Being a Forex seller is quite exciting, but not devoid of certain risks. As a rule to perform as a successful seller, one’s have to be financially savvy professional and have enough understanding and skills to manage risks that Forex trading entails.

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2021-05-17 • Updated

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.

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