Understanding FBS Indonesia, the Best Forex Broker for Trading

Nafa Lightyani

Understanding FBS Indonesia, the Best Forex Broker for Trading

Rancakmedia.com – If you are a beginner investor, it is mandatory for you to know meaning of FBS. FBS is a successful online trading company and can be accessed by various traders on the stock market.

One of the features provided by FBS that is of interest to investors is that this broker provides free training which is offered by all novice trader.

Although this training is still experimental, it is likely that all traders are in the same situation when trading in stocks or forex.

This online broker is included in the list of brokers that provide various payment methods.

Complete History of FBS

However, not all brokers are trustworthy and reliable. Some of these brokers definitely hide loss methods behind their very profitable features.

Therefore, we recommend this broker for you beginner traders so you don't take the wrong path and avoid all the unwanted things.

Complete History of FBS

FBS is a forex broker founded in 2009. The company was founded in Belize and initially only offered online forex trading services.

However, as time went by, FBS continued to develop and added other products such as CFDs and precious metals.

In 2011, FBS established an office in China and began expanding into the Asian market. Then, in 2012, FBS launched an affiliate program which is successful and continues to grow to this day.

Apart from that, FBS also develops educational and market analysis services, including webinars and the latest articles on their website.

This allows traders to increase their knowledge of the market finance and improve their trading skills.

As the company grows, FBS also receives awards for the quality of their services. Some of the awards they received include “Best Forex Broker Asia” and “Best Affiliate Program”.

Currently, FBS has more than 15 million clients worldwide and continues to grow. They continue to offer the latest services and products to meet the needs of traders of all experience levels.

Get to know the meaning of FBS Indonesia

FBS (Financial Brokerage Service) is an online forex broker that provides forex and CFD (Contract for Difference) trading services throughout the world.

The company was founded in 2009 and is headquartered in Belize. FBS has received many awards and has received regulations from international financial regulatory bodies such as IFSC (International Financial Services Commission) and CySEC (Cyprus Securities and Exchange Commission).

FBS offers various types of trading accounts such as cent accounts, standard accounts, unlimited accounts, and ECN accounts.

Apart from that, FBS also offers copy trading services, where traders can copy the trading strategies of other more experienced traders.

FBS also offers various types of bonuses and promotions for clients, such as deposit bonuses, trading contests and affiliate programs.

Get to know the meaning of FBS Indonesia

FBS has a trading platform that can be accessed via various devices such as desktop, web and mobile.

FBS also offers a wide range of trading instruments such as currency pairs, precious metals, indices, stocks and cryptocurrencies.

However, as with other forex brokers, trading at FBS also has risks. Traders must understand the risks associated with forex and CFD trading, and understand that there are no guarantees of profit in trading.

Therefore, before deciding to trade at FBS or another broker, traders should do research and analysis first to ensure that the broker suits their trading needs and goals.

FBS Indonesia Regulations

FBS Indonesia is the official representative of FBS in Indonesia and is regulated by several regulations. The following are some FBS Indonesia regulations:

  1. Bank Indonesia Regulations: FBS Indonesia is subject to Bank Indonesia regulations, including anti-money laundering laws and anti-terrorism laws.
  2. AML (Anti-Money Laundering) Policy: FBS Indonesia follows the AML policy and checks the identity of all their clients. This is done to prevent money laundering and fraudulent activities.
  3. KYC (Know Your Customer) Policy: FBS Indonesia checks the identity of their clients in accordance with KYC policy to ensure the security and reliability of their services.
  4. Licenses and regulations: FBS Indonesia is regulated by the International Financial Services Commission (IFSC) and the Commodity Futures Trading Supervisory Commission (KPPB).
  5. Protection of client funds: FBS Indonesia pays attention to the protection of their clients' funds. They keep client funds in separate accounts and follow IFSC regulations.
  6. Privacy policy: FBS Indonesia protects their clients' privacy in accordance with a strict privacy policy and protects clients' personal information from unauthorized access.

These regulations were created to ensure that FBS Indonesia provides safe, transparent and trustworthy services to its clients in Indonesia.

Assets that can be traded on FBS

FBS provides a wide range of trading instruments that clients can trade on their platform. Here are some of the types of assets available for trading at FBS:

  • Currency pairs (forex): FBS provides more than 40 tradeable currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY.
  • Precious metals: FBS clients can also trade precious metals such as gold and silver.
  • Stock indices: FBS provides various global stock indices such as Dow Jones, S&P 500, and NASDAQ.
  • Stocks: FBS also provides individual stock trading of major companies such as Apple, Google, and Amazon.
  • Cryptocurrency: FBS also offers cryptocurrency trading, including Bitcoin, Ethereum, and Litecoin.

With a wide variety of assets available, FBS clients have many options to trade according to their needs and preferences.

Assets that can be traded on FBS

However, as with trading on any financial market, trading on FBS also carries risks, and clients should understand the risks involved before commencing trading.

Payment Methods at FBS

FBS provides various payment methods that clients can use to deposit and withdraw funds from their trading accounts. Following are some of the payment methods available at FBS:

  1. Bank Transfer: Clients can make deposits and withdrawals via local bank transfer in their respective countries. FBS collaborates with various local banks around the world.
  2. Credit/Debit Card: Clients can also make deposits and withdrawals via credit or debit cards such as Visa and Mastercard.
  3. E-Wallets: FBS also supports payments via e-wallets such as Neteller, Skrill, and Perfect Money.
  4. Automatic Payments: FBS offers automatic payment systems such as FasaPay, Bitcoin and Litecoin.
  5. Inter-Broker Transfers: Clients can also transfer funds from trading accounts at other brokers to their trading accounts at FBS.

FBS clients can choose the payment method that suits them best, depending on their country of residence and personal preferences.

However, keep in mind that some payment methods may have certain minimum or maximum fees and limits.

FBS clients are advised to read the terms and conditions for each payment method before making a deposit or withdrawal.

Types of FBS Accounts

Below there are several types of accounts available at FBS, this is important for you to do so you can choose an account that suits your trading goals and needs, namely:

1. Cent Account Broker

This cent account broker is suitable for those of you who are just starting out in the world of trading and don't have the experience of being a reliable forex trader.

This is because the cent account has complete facilities, features and convenience and is suitable for you beginners. Here are the specifications:

Cent Account Broker

  • Low deposits start with just 1 US dollar
  • Floating spread from 1 pip
  • There is no commission for using broker services
  • Leverage reaches 1:1000
  • The maximum number of open and pending orders reaches 100
  • The order volume is quite large for a beginner account, reaching 0,01 to 1.000 cent lots
  • Market execution starting from 0,3 sec STP

For those of you who want to learn trading for beginners, FBS provides a 100% bonus in the form of a demo account which will help you understand how to get maximum profits as a beginner trader.

Apart from gaining knowledge, you will also get funds of 100 US dollars to start trading and complete educational materials.

2. Micro Account

For STP traders who want to make deposits with a lighter nominal amount and get a fixed spread, you can try using a micro account.

This account allows traders to calculate profits accurately and predict earnings carefully. The following are the micro account specifications:

  • Minimum deposit is only 5 US dollars
  • Provides a fixed spread type or fixed spread starting from 3 pips
  • Commission free
  • Leverage reaches 1:3000
  • The maximum number of orders both open and pending is 200
  • Order volume can start from 0,01 to 500 lots.

3. Standard Account

This account is suitable for traders who are experienced and have a professional level in trading.

The facilities and features provided will support trading skills, here are the specifications of the account:

  • Minimum deposit is 100 US dollars
  • Floating spreads start from 0,5 pips
  • Commission free
  • Leverage reaches 1:3000
  • The number of orders can reach 200
  • Order volume can start from 0,01 to 500 lots.

Foreign Terms Used in FBS

It is important for novice traders to know foreign terms that are often used in Financial Brokerage Services to make it easier for you to trade, namely:

Foreign Terms Used in FBS

1. Spreads

In the forex market specifically for gold trading, there are two types of prices, namely Bid and Ask. For example, the price on GBP/USD is 1.8700/1.8750, the number 1.8700 is called (Bid) and the number 1.8750 is known as (Ask).

When transacting on the forex market, the selling price you get is the Bid price while the buying price is called Ask. Well, the price difference between Bid and Ask is called the spread.

2. Pip, Contract Size, Lot

Pip is an abbreviation of points in percent or the smallest unit movement of a currency pair. The pip movement is known from the decimal number in the currency pair.

For example, GBP/USD moves from 1.8700 to 1.8702 meaning a pip rises by 1 point and vice versa. Contract Size is the unit used when making transactions on the forex market.

Meanwhile, Lot is the size or volume used when making a transaction.

3. Leverage

Leverage is used as traction to lift larger loads. In this case, leverage is used by Indonesian brokers for transactions of 100.000 US dollars.

So, with this leverage, the broker doesn't need to spend that much money but only needs capital or margin of 1% or in this case 1:100, namely 1000 US dollars.

4. Stop Loss

For beginner traders, they must be more careful about losses. Recognize and understand how to stop or reduce losses when trading gold, this is called stop loss.

By understanding the concept and then determining a good and correct stop loss, you can overcome or at least reduce your risk of loss.

5 Balance

When trading, capital is the main thing before entering the world of trading. In the world of trading, capital is called balance.

Balance

You as a trader must prepare a certain amount of money which will later be used for transactions on the forex market. This balance will later be deposited by the trader with the broker.

6. Margins

Margin is the amount of price paid for a transaction. If previously the funds were saved by the broker, then the money will later be used by the broker to carry out transactions. Well, this transaction is often referred to as margin.

Conclusion

FBS (Financial Brokerage Service) is an online forex broker that provides forex and CFD (Contract for Difference) trading services throughout the world.

That is information about the meaning of FBS Indonesia, the best forex broker for trading. Hopefully the article above can be useful and helpful to all of you.

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Nafa Lightyani

I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends.