Forex trading is a high-risk, high-reward online business; therefore, you should NOT trade/invest with BORROWED/LOANED money or money that you cannot afford to lose.
Investor Password – To avoid accidentally pressing important buttons/icons on your computer or Mobile MT4 app, we recommend using an investor password to login.
Lot Size Settings – low-risk settings are the best because it will make the necessary adjustments until it reaches the maximum settings of 0.05 lot size and there is no maximum capital/funds limit.
JBSAR EA LOTSIZE SETTINGS
Range is still subject to change in the future
|FOR TRADER (AUTOMATIC ADJUSTMENT)
Low to Medium-High Risks.
|0.05 (Regular Max)||$4,500.00||–||~|
|FOR INVESTOR (FIXED INITIAL LOTSIZE)|
Trading Time – This is where the technical/mathematical equation analysis takes place within the time interval of BUY and SELL order decision/executions.
JBSAR EA TRADING TIME (GMT+8)
|Monday||9:00 AM||1:00 PM||5:00 PM||9:00 PM|
|Tuesday||1:00 AM||9:00 AM||1:00 PM||5:00 PM||9:00 PM|
|Wednesday||1:00 AM||9:00 AM||1:00 PM||5:00 PM||9:00 PM|
|Thursday||1:00 AM||9:00 AM||1:00 PM||5:00 PM||9:00 PM|
|Friday||1:00 AM||9:00 AM||1:00 PM||5:00 PM||9:00 PM|
|Saturday||1:00 AM||MARKET CLOSED|
You may withdraw at any moment, but no floating trades are recommended. When there are no active or open deals, it is preferable to withdraw.
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.
- Refunds can be obtained by card withdrawals (you withdraw the same amount you initially deposited with the card). The following are the participants in the reimbursement process: Payment system-> processing center-> VISA/MasterCard–> processing center–> your bank, as you can see, there are numerous sides whose work and speed we have no control over. The typical period for a refund to be credited is 3-4 days and 15 days (during working days, excluding weekends).
- According to the Anti-Money Laundering Policy, a deposit equivalent must be withdrawn using the original deposit method. After that, profit can be withdrawn to any other payment system except credit/debit cards. Must Read This!
VIRTUAL PRIVATE SERVER (VPS)
How to get a VPS in FBS for free?
- Deposit $450+ and trade 3 lots within the first month of use. Continue using the VPS for free provided that you trade at least 3 lots (1 lot on a Cent account = 0.01 standard lot) each month. Keep in mind that when you trade Stocks (available only in MetaTrader5), 1 lot= 0.1 standard lot. Consider it when you fulfill the bonus conditions.
- Request the service by clicking the Set up VPS button.
- If you don’t trade 3+ lots, FBS will charge you with $33 for the next month. The fee is deducted from the account specified at the server setup. If this account has insufficient funds, FBS reserves the right to withdraw $33 from your other existing account. Lots traded on ECN account are not counted.
- The service is disabled when no funds are available on all your accounts, and the trading volume condition is not fulfilled.
If you activated VPS once and then happen to cancel it, to reactivate VPS, you have to deposit $450+ again.
The lots traded on ECN accounts or with the BTC/USD trading instrument are not accepted.
How to cancel a promotion?
You can cancel the service anytime by clicking the Cancel server button on the VPS page in the Personal area. If you stop using the VPS, the fee for the remainder of the month is not recalculated.
What is Swap?
Swap is the amount of money you receive or pay for holding a position overnight. It is formed based on central banks’ interest rates of those countries whose currencies you trade. Swap can be positive or negative.
How does it work?
When buying the EUR/USD currency pair, you borrow USD to buy EUR.
Let’s suppose the Federal Reserve interest rate is 1.5%, and the rate of the European central bank is 0.5%.
If you borrow $100,000 from the Central Bank of America to deposit €95,000 to your account in the Central Bank of Europe, then each time transferring positions through midnight you’ll pay 1.5% rate for your loan in the Central Bank of America and receive 0.5% interest on your deposit in the European Central Bank.
0.5% (you receive) – 1.5% (you pay) = -1%. It means that you will have to pay the fee for holding a position overnight.
In the case you borrowed the currency with a lower interest rate comparing to the currency in what you invested, you would receive this fee on your account every night while you hold a position.
However, not all traders can get or pay such a fee. That’s why FBS offers swap free option.
What is Swap Free?
Swap Free is an option to have an account free from fees. It means you will neither receive nor pay the swap (fee).
Who can have this option?
According to the Islamic faith, Muslim traders are prohibited to receive or pay interest. This service is for them.
Is Swap Free service available for all trading instruments?
Swap Free service is available for all trading instruments apart from those in the Forex Exotic and CFD categories.
How to get Swap Free account?
To activate the Swap Free option, contact our 24/7 FBS support team.