What is FBS?
FBS broker is a forex trading company with over 16.9m traders and thousands of partners. FBS broker is one of the most well-known forex trading companies internationally. Let’s find out how to register, verify and fund FBS broker accounts.
FBS brokers have a keen interest in their numerous but essentially diverse customers. This uniqueness is seen particularly for Muslim traders who FBS offers swap-free accounts (also called Islamic accounts) that do not go against the tenets of their religion.
If you require reliable and professional forex trading, and at the same time, comfortable, you should consider opening an account with FBS.
How to register with FBS Broker using your phone
To register with FBS Broker on your phone, first, download the FBS Trader app. The FBS app is available on the Apple iStore for iOS and the Google Play store for Android phones.
For Android phones
Step 1: Visit the Google App store from your Android phone
Step 2: Type “FBS trader” or “FBS broker” into the search bar to find the app
Step 3: When you find it, click on it and tap the download button
Step 4: Open the FBS trader app
Step 5: To register your FBS broker account, tap the registration link provided
Step 6: Choose registration mode, either using your email, Facebook, or Google account.
Step 7: Tap the decision button to proceed
Both versions of the trading platform—web and app version—are the same. So, there are no issues with the transfer of funds and trading.
For iOS Phones
Visit the App Store from your iOS phone or device to download the FBS broker trading app.
Follow steps 3 – 7 above to register using the FBS trader app.
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How to Register with FBS Broker through the Website
Step 1: Visit the FBS website, www.fbs.com
Step 2: Go to the top right end of the page and click ‘Open an account.’
(One requirement in the registration process is identifying a personal area. So, you can either enter the information yourself if you are sure about it. To help with this, you can register via a social network that will automatically input all your information where required).
Step 3: Provide your active and appropriate email and your full name. Recheck the information you have provided to ensure its accuracy. This is vital because you will need to verify and make your withdrawal process hitch-free and seamless.
Step 4: Locate and click ‘Register as Trader.’
When you have done this, an auto-generated password will appear. It is advisable to change this password to something that you can quickly remember but is secure. However, if you choose to continue using it, you can.
Step 5: You will receive an email with a link for account confirmation. Open your email and click the link. With your account confirmed, you can start your first trading account.
Take note: In opening your trading account, decide whether to go for a real account or a Demo account. FBS provides different types of accounts, and you have to choose what type of account you want.
You should take the Cent or Micro account if you are new to trading. As a newbie, you trade with lesser funds to get yourself acquainted with the market. The Standard, Zero Spread, or Unlimited account is preferable for professionals in the forex trade market and those who know their way around it. For more information on Account types, you can visit the Trading section of website. MetaTrader version, account currency, and leverage options are also available, depending on the type of account you choose.
After setting up your account and completing your registration, take note of all your account information and store it accordingly. To begin trading on MetaTrader, you require an account number and trading password. Remember that you must verify your account profile before you can start withdrawals.
How to Register with FBS Broker through your Facebook Account
Another available option is to open your FBS broker account using Facebook.
Step 1: From the registration page, click the Facebook button ,which will link you to the Facebook login page.
Step 2: Enter the email you registered with on Facebook and type in your Facebook account password
Step 3: Click the ‘Login’ button.
Step 4: From here, FBS will request access to your name, profile picture, and email. Click on the ‘Continue’ button.
That link will automatically re-direct you to the FBS platform.
How to Register with FBS Broker through your Google+ account
Step 1: From the registration page, click the Google icon. Clicking this links you to the window where you’ll be required to enter your Gmail and password
Step 2: Type in your phone number or email, click ‘Next,’ and then enter the password for your Gmail account and click ‘Next.’
A message will be sent to your Gmail. Follow those instructions and conclude the registration procedure.
How to Register with FBS Broker with Apple ID
Step 1: Click the Apple sign on the registration page.
Step 2: When the new window opens, type in your Apple ID, click ‘Next,’ enter your Apple ID password, and click ‘Next.’
Follow the directions sent from the service to your Apple ID.
How to Verify FBS Broker Account
It is imperative to protect your FBS account from unauthorized access and keep your personal information and funds safe. Verification of your profile secures your account and aids a smooth withdrawal process. It also enables you to make monetary transactions from FBS accounts and bank cards.
To verify your profile:
Confirm your identity by providing the necessary information displayed when clicking the ‘Verification’ tab. You will need to submit your ID or International Passport number and birth date. Additionally, upload clear and colored copies of your documents, before clicking the ‘Send Request’ button.
FBS will review your documents, and you will get further confirmation of the review results via email.
To verify phone number:
You can skip the phone number verification process if you choose the email confirmation option instead. However, you may want to add your phone number to your ‘Personal Area.’ In this case, log in to ‘Personal Area,’ move towards the ‘Verification Progress’ icon and select ‘Confirm Phone’ number.
Click ‘Send SMS code,’ and it will be sent to you. Enter it into the field space provided and you are done.
Take note:
Recheck your phone number to ensure there are no errors. This can be the cause of issues with phone number verification. Also, Don’t type in your country code manually. Instead, select your resident country and the software will bring it up automatically It takes up to five minutes for the code to deliver to your phone, so wait for it.
Other phone verification issues
There may be some phone network service provider issues that prevent you from receiving your SMS code. If this happens, use an entirely different phone number to verify your account.
Voice Code Verification
After five minutes from requesting code, click ‘Send voice code’ if you don’t get a response. Voice code request is only possible when the profile is already verified.
How to Fund FBS Account
Making Deposit on FBS Brokers
Step 1: Click the ‘Finances’ tab in your homepage, and tap ‘Deposit.’
Step 2: Select your preferred deposit method, e.g., wire transfer, bank cards, or even cryptocurrencies, etc.
Step 3: Choose between online payments or offline transactions.
Step 4: Choose a depositing account and type in the amount you want to deposit.
Step 5: Click ‘deposit’ and follow the steps required your payment systems
Most payment systems’ receipt and confirmation of deposits to an account are instant. However, some others may take up to 20 minutes or even 72 hours.
Making Withdrawals on FBS Brokers
Step 1: Go to your Personal area, move to the ‘Finances’ section and click and open ‘Withdrawals,’
Step 2: Choose the payment method that suits you, then click the ‘Withdraw.’
Step 3: Choose the FBS account you prefer to withdraw funds from and enter all necessary information.
Step 4: Type in the amount you wish to withdraw and ‘Confirm withdrawal.’
FAQs about FBS Broker—Forex Trading
1. Is there a minimum deposit amount in FBS Personal Area (web)?
These are the minimum deposit recommendations for different account types, respectively:
Cent account — 1 USD;
Micro account — 5 USD;
Standard account — 100 USD;
Zero Spread account — 500 USD;
ECN account —1000 USD;
Crypto account — 1 USD
Note: All these are recommendations. The general minimum deposit is 1 USD. The minimum deposit of some e-payment systems is 10 USD, e.g., Neteller, Skrill, or Perfect Money.
The minimum deposit recommended for bitcoin payment method is 5 USD. Remember, deposits for lower amounts require a manual process and may take longer.
2. How do I recover my trading password (mobile Personal Area)
First, tap directly on your trading account type in the Dashboard area, and it will open. On the account settings window, locate the ‘MetaTrader settings’ section, and click ‘Change MetaTrader password.’
When clicked, confirm you want to create a new password for your trading account by clicking the “OK” button.
3. Where can I find a Trading statement in the FBS Trader app?
Open the FBS Trader app, and click the ‘More’ tab on the right lower side Select ‘Real account’ then tap ‘Settings.’ To see the statement information, click on ‘Trading statement.’
You can specify a timeframe to see the trading information for a selected period, e.g., Day, Week, Month, or custom range. Additionally, you can decide to send a detailed Trading statement to your email:
Specify and select the statement period, and the ‘Send to email’ option will appear. Tap it, choose the email, then tap ‘Send statement.’ This can also be done through the ‘Orders’ page.
For Relative Newbies: How to Open and Close Order
Using the FBS Trader Demo account, you can learn how to open and close orders before moving to a real one. With a Demo account, you already have virtual 10k USD to practice trading.
Open the Order
Now, move to the main screen and decide on an instrument you wish to trade. Do you want to Buy or Sell? Choose accordingly. Then, decide the number of lots you want to trade. You can adjust Stop Loss, Take Profit, or Pending Order options by clicking them.
These are to assist you in trading wise and profit strategically. Make all changes as you prefer them before clicking ‘Buy’ because once you do so, your trade is open, and the order is active right away.
Close the Order
To adjust or close an order, move to the ‘Orders section.’ The amount of money you’ve made or lost on that order at that time appears on its right side. The constantly changing numbers on the left side of the order are what you are currently bidding.
Go through the list of orders and select the one you want to alter or close. To edit, click the gear icon on the right and make the change you want. To close, simply tap ‘Close order.’
You can also choose the ‘Partial Close’ button to change the number of lots you intend to close.
Finally,
With several regulatory licenses, FBS Broker is one of the most trusted forex trading platforms in the world right now. It has offered traders many tools to make them successful and it keeps adapting to new technology to make deposit and withdrawal processes simpler. If you have other questions about this broker, feel free to engage me in the comment section.
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