FAQ

Forex is trading currency globally. Forex market is the world’s largest and most liquid market.

In Forex trading you have to analyze and predict the price movement. So in order to trade forex online, you need to register and open a trading account with a Forex broker.

Yes. Any kind of investment carries a higher level of risk unlike  9 – 5 jobs. Higher the risk means higher the rewards as well.  So Forex trading carries a very high level of risk  where you may even loose all the money in the trading account.  Therefore invest only what you can take a risk only !  You can refer Forex money management tutorial to learn about potential methods to minimize risk and maximize rewards.

You can trade Forex from Monday to Friday.  Generally below are the available trading sessions based on GMT time zones.

New York Trading Session 8:00 am to 5:00 pm EST (EDT)

Tokyo Trading Session 7:00 pm to 4:00 am EST (EDT)

Sydney Trading Session 5:00 pm to 2:00 am EST (EDT)

London Trading Session  3:00 am to 12:00 noon EST (EDT)

So basically based on above trading sessions, forex market is available 24 hours during weekdays.

In general you will find Dealing Desk ( Market Makers ) and Non Dealing Desk type Forex brokers as the two main types.  Non Dealing Desk brokers can be further categorized as  Straight Through Processing ( STP ) Broker or an Electronic Communications Network ( ECN ) Broker.  Well the type of broker that you are going to trade  with does not matter as long as the broker is a regulated and licensed forex broker.

Forex brokers will offer Meta Trader 4 ( MT4 ) or Meta trader 5 ( MT5 ) or cTrader or  propitiatory trading platform that can be used as a browser based, desktop or laptop based application.  Also Android or iOS based trading platform too will be offered by every broker.

All major forex brokers will support Skrill, Neteller, Master / Visa cards. Some may support Paypal.

In General you will need to submit identity and address verification documents.

Binary options is a trading method based on Forex markets where you have to analyze and predict the price based on a fixed time duration.

You have to analyze and predict the price movement based on a fixed time duration. So in order to trade Binary Options online, you need to register and open a trading account with a Binary Options broker. IQ Option is one such highly reputable options broker that you can use for forex trading. You can read https://pegima.com/binary-options-quick-start/ for further details.

Yes. Any kind of investment carries a higher level of risk unlike  9 – 5 jobs. Higher the risk means higher the rewards as well.  So Binary Options trading carries a very high level of risk  where you can loose all money invested per trade ( Note that the  negative result of a trade does not affect the whole account balance unlike in Forex. So risk factor is less compared to Forex   ).  Therefore invest only what you can take a risk only !  You can refer Binary Options money management tutorial to learn about potential methods to minimize risk and maximize rewards.

Both are based on forex currency trading markets.  Forex does not depend on time where you can place an order and cancel at any time as per your wish or based on your trading method  ( as long as you have enough funds to hold a trade, if it goes against your prediction ) but Binary Options trade depends on time where you predict the price of a currency pair after a certain fixed time.  The reward – risk factor in Forex is  very high compared to Binary Options.

The FBS Forex company is regulated and licensed by IFSC in Belize and CYSEC in Cyprus

STP and ECN type forex trading accounts are offered by Broker.

Yes, FBS is a forex broker since 2009 with branches worldwide. The company is regulated and licensed by IFSC in Belize and CYSEC in Cyprus

FBS forex broker is a regulated and licensed broker by IFSC in Belize and CYSEC in Cyprus. So it is not a Scam or bogus scheme.

Skrill and Neteller are the two main payment processors supported by FBS Broker. Also you can deposit using master / visa cards. Broker also support several more popular payment methods too.

FBS offers upto 1:3000 leverage.

You can start trading from 0.01 lot size onwards

Yes, FBS broker offers both Meta Trader 4 and 5 for both windows and mac desktop platforms. Also offers for ios and android mobile platforms.

Ctrader is not yet supported

FBS does not support any USA clients