Understanding FBS Indonesia, the Best Forex Broker for Trading

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

One of the features provided by FBS that investors are interested in is that this broker provides free training that is offered by all novice traders.

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.

However, not all brokers can be trusted and reliable. Some of these brokers must have hidden the loss method behind their very profitable features.

Therefore we recommend this broker for you novice traders so you don't go wrong and avoid all things that you don't want.

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 goes by, FBS continues to grow and add other products such as CFDs and precious metals.

In 2011, FBS set up an office in China and started expanding into the Asian market. Then, in 2012, FBS launched an affiliate program which has been successful and continues to grow today.

In addition, FBS has also developed educational services and market analysis, 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 Asian Forex Broker” and “Best Affiliate Program”.

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

Get to know the definition of FBS Indonesia

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

The company was founded in 2009 and is headquartered in Belize. FBS has received many awards and has been regulated by international financial supervisory 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 a copy trading service, 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.

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 any forex broker, trading at FBS also comes with risks. Traders should understand the risks associated with trading forex and CFDs, and understand that there are no guaranteed profits in trading.

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

Indonesian FBS Regulations

FBS Indonesia is the official representative of FBS in Indonesia and is governed by several regulations. Here 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 AML policy and checks the identity of all their clients. This is done to prevent money laundering and fraud activities.
3. KYC (Know Your Customer) Policy: FBS Indonesia checks the identity of their clients according to KYC policies 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 is concerned about protecting their clients' funds. They keep client funds in segregated accounts and follow IFSC rules.
6. Privacy Policy: FBS Indonesia protects the privacy of their clients according to a strict privacy policy and protects clients' personal information from unauthorized access.

These regulations are made to ensure that FBS Indonesia provides safe, transparent and reliable services to its clients in Indonesia.

Tradable Assets at FBS

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

• Currency pairs (forex): FBS provides more than 40 currency pairs to trade, 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 indexes: FBS provides various global stock indexes such as Dow Jones, S&P 500 and NASDAQ.
• Stocks: FBS also provides trading on individual stocks of major companies such as Apple, Google and Amazon.
• Cryptocurrency: FBS also offers cryptocurrency trading, including Bitcoin, Ethereum and Litecoin.

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

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

Payment Methods at FBS

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

1. Bank Transfers: Clients can deposit and withdraw via local bank transfers in their respective countries. FBS cooperates with various local banks around the world.
2. Credit/Debit Cards: Clients can also deposit and withdraw 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. Transfers Between Brokers: Clients can also transfer funds from trading accounts at other brokers to their trading accounts at FBS.

FBS clients can choose the most suitable payment method for them, depending on their country of residence and personal preference.

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.

FBS Account Types

Below are several types of accounts 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 Brokers

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

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

• Deposits are low i.e. starting with as little as 1 US dollar
• Floating spreads from 1 pip
• Has no commission for using brokerage services
• Leverage reaches 1:1000
• The maximum number of open and pending orders is up to 100
• The order volume is quite large for a beginner account, reaching from 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 profit as a novice trader.

Apart from gaining knowledge, you will also receive USD 100 to start trading and complete educational materials.

2. Micro Account

For STP traders who want to deposit with a lighter nominal value and get a fixed spread, they can try using a micro account.

This account allows traders to accurately calculate profits and predict earnings with great care. Following are the micro account specifications:

• The minimum deposit is only 5 US dollars
• Provides a type of fixed spread or fixed spread starting from 3 pips
• Commission free
• Leverage reaches 1:3000
• The maximum number of open and pending orders is 200
• Order volume can be 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, the following are the specifications of the account:

• The 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 be 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 the Financial Brokerage Service to make it easier for you to trade, namely:

1. Spreads

In the forex market specifically for gold trading, there are two types of prices, namely Bid and Ask. For example, the price for 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 in the forex market, the selling price you get is the Bid price while the purchase price is called the Ask. So, the price difference between the Bid and Ask is called the spread.

2. Pip, Contract Size, Lot

Pip stands for point 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 moving from 1.8700 to 1.8702 means the pip has increased by 1 point and vice versa. Contract Size is the unit used when transacting in the forex market.

While Lot is the size or amount of volume used during transactions.

3. Leverage

Leverage is used as traction to lift larger loads. In this case, the leverage used by the Indonesian broker for a transaction of 100,000 US dollars.

Now, with this leverage, the broker does not need to spend that much money, but only requires capital or a margin of 1% or in this case 1:100, which is 1000 US dollars.

4. Stop Loss

For beginner traders, you have to be more careful with losses. Recognize and understand how to stop or reduce losses when trading gold, this is called a 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 going to trade, capital is the main thing before plunging into the world of trading. In the world of trading, capital is referred to as balance.

You as a trader must prepare a certain amount of money that will later be used to transact in the forex market. This balance will later be deposited by the trader to the broker.

6. Margins

Margin is a number of prices issued for transactions. If previously the funds were kept by the broker, then the money will later be used by the broker to make 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 worldwide.

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