How to Make Money on FBS: Full Guide
FBS is a licensed global broker, having operated in the market since 2009, offering traders a wide array of opportunities for stable and lucrative earnings. Traders can profit from trading currencies and CFDs, participating in referral and bonus programs, and copying trades of other traders. The conditions provided by FBS are widely regarded as among the best in the industry.
FBS is an international broker with nearly 15 years of market presence. The company operates under licenses from reputable regulators and has received approximately 90 prestigious awards, reflecting its commitment to providing clients with top-tier service. With over 27 million traders worldwide, FBS offers access to diverse financial markets, high leverage up to 1:3000, ultra-fast order execution in as little as 0.01 seconds, floating spreads starting from 0.7 pips, comprehensive round-the-clock support, and daily analytics. Catering to both beginners and seasoned traders, FBS provides various options for earning money, a topic Traders Union experts will delve into in this article.
-
Does FBS pay money?
Yes, FBS broker steadily pays out profits to traders. To withdraw profits you can use e-wallets, Skrill, Neteller, bank transfer and Rapid Transfer, as well as bank cards Visa and MasterCard. The broker does not charge commissions, but the commission may be charged by a bank or electronic payment system.
-
Is FBS a good broker?
FBS is an excellent choice for long-term cooperation. The company provides users with a large selection of assets (currency pairs, precious metals, indices, futures contracts), protection against negative balance, 24/7 support service, leverage up to 1:3000, spreads from 1 pip and loyal minimum deposit requirements.
-
How to invest in FBS?
To start working with FBS, you must register, deposit your balance, download and launch a trading platform convenient for you and select a financial instrument.
-
Is FBS a real broker?
"Is FBS real or fake?" experts have figured out. FBS is a genuine and fully compliant broker that collaborates with clients from 150 countries worldwide. The company is supervised by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), International Financial Services Commission of Belize (IFCA), Financial Sector Supervisory Authority of South Africa (FSCA).
Top ideas how to make money on FBS
So how to make money on FBS platform? FBS has in its arsenal a lot of tools for earning money. A trader only needs to define his goals, priorities and financial capabilities to decide which option of capital growth is suitable for him. Below we have given some examples of how you can make money on FBS.
Forex trading
FBS provides flexible conditions for Forex trading. To speculate on popular and exotic currency pairs, the company offers to use MetaTrader 4, MetaTrader 5 terminals and the author's platform FBS Trader. In total, one standard type of account is available to users. The terms are as follows:
-
minimum deposit - 5 dollars;
-
floating spreads from 0.7 pips;
-
zero commissions;
-
leverage up to 1:3000;
-
maximum number of open positions - up to 500 (including 200 pending orders);
-
minimum order volume - from 0.01 lots;
-
market execution in milliseconds.
If you want to test the functionality of the platform and your trading strategy without monetary risks, use a demo account. You also have the option to trade without accruing interest by utilizing the Swap Free feature.
The official website of the intermediary has a separate tab with educational materials. Here you will find: Forex guide, trading tips, webinars, video lessons, seminars and a glossary. Additional tools include an economic calendar, a Forex calculator and currency converter.
FBS Copy Trading System
If you don't want to be nervous or waste your time on a long analysis of the market situation, you can use FBS CopyTrade. The total number of managers for copying trades on FBS is about 600, so you can easily choose a suitable strategy provider based on your criteria.
For your convenience, the application supports filters, with the help of which you can "sift" traders by such parameters as: minimum number of closed orders, minimum number of trading days, percentage of activity, percentage of risk level of the strategy. Additionally, you can select the manager's country and filter out inactive accounts by checking the "Active traders only" box.
As for the cost of copy-trading, the broker does not ask for a special commission. You can download the application and register absolutely free of charge. Subscribers pay strategy providers a commission in the form of a percentage of profit from each transaction (the maximum commission is 5%).
Investing in stocks and CFDs
Among other FBS services for clients is CFD trading. The company provides access to CFDs on metals, indices, shares and energy resources, guaranteeing traders execution of orders in a fraction of a second, protection against negative balance, absence of requotes, VPS hosting, up-to-date news and analytics, the possibility to use advanced terminals, as well as storage of client funds separately from broker's funds.
Affiliate program
Another option to earn money on FBS is to participate in the affiliate program. The broker promises its partners one of the highest commissions on the market (up to 43% of spread from trading of invited users), daily payments, detailed statistics in the personal cabinet, a wide range of payment methods and the ability to withdraw earnings at any convenient time.
The company provides all necessary advertising tools: banners for websites, as well as offline materials and materials for social networks.
Bonuses
FBS offers traders several bonuses at once:
-
Quick Start Bonus. Upon registration, all clients receive a guaranteed bonus of $100 USD, which they can use to hone their skills and familiarize themselves with FBS terms and conditions. Please note that the bonus is only available in FBS Trader, the mobile trading platform from FBS.
-
FBS Level Up. The Level Up bonus or FBS no deposit bonus is beneficial for traders who don't want to deposit their own money when they start trading. You can get between $70 and $140 (depending on the platform you open your account on) for initial trading. It is not possible to withdraw this bonus. However, you can withdraw the profits made from the bonus funds. To do this, you must trade at least 5 standard lots within 20 active days.
-
100% deposit bonus. According to the terms of this FBS bonus, you get 100% of the deposit amount, which makes your trading twice as effective. All you need to do is make a deposit and then FBS will take care of it.
What is the minimum deposit on FBS?
The broker's website says that traders need only 5 dollars to start working. You can deposit more if you have sufficient trading experience and confidence in your own abilities, but let it be an amount that you, in case of anything, will easily be ready to lose.
Is it possible to earn an extra $1,000 per month on FBS?
With FBS, you can earn an additional $1,000 or more each month. However, the final amount depends on a number of important factors, including the amount you are willing to invest at the initial stage and your trading experience. Below we have listed the earning options that are most likely to help you reach your desired income level:
-
Trading with the use of leverage. FBS offers investors an impressive leverage size - up to 1:3000, which is an undeniable advantage of the broker. However, remember that large leverage can bring not only incredible profits, but also lead to decent losses, so be careful and do not forget about the basics of risk management.
-
Copy-trading. Among the obvious advantages of copy-trading should be highlighted: no need to spend time monitoring the market and delving into the intricacies of trading, as well as minimizing the risk of making impulsive and irrational trading decisions. But in order to make a profit and not bring additional problems to yourself, you should take a responsible approach to choosing a strategy provider. Analyze its statistics and evaluate its efficiency.
-
Affiliate Program. FBS referral program is considered to be one of the best on the market, as the broker offers traders high commissions - up to 43% of the spread from the trade of invited users. In this case, the level of your earnings directly depends on your efforts: the more new clients you attract, the more you will get. In addition, the intermediary provides all the necessary advertising materials, which is very convenient.
How to get FBS bonuses?
We have already mentioned above what bonuses FBS provides to traders. Now we will tell you in detail about the mechanisms of their receipt.
100% deposit bonus. It is worth noting at once that the maximum bonus amount in this case is 10 000 dollars. To get it, you must:
-
Create an account.
FBS website
-
Open a Micro, Standard, Zero Spread or Cent account.
-
Deposit balance using any convenient payment system.
-
Log in to your personal cabinet and activate the bonus. After these steps, the broker will automatically double your balance.
Important: to be able to withdraw bonus funds, you must trade a certain number of lots.
Quick Start Bonus. In addition to the bonus 100 dollars, you get the FBS trading guide, which will help you learn the basics of trading in more detail and open your first trade on the platform.
For the bonus to be credited, all you have to do is register on FBS Trader and confirm your email address.
FBS website
FBS Level Up. This bonus allows traders to trade without having to deposit their own funds. It is very easy to get the bonus: to do this, a user should register an account on the FBS website or app. When you open an FBS Level Up bonus account, you are guaranteed to receive $70 and training materials, and when you download the app, you will be credited with an additional $70.
FBS website
Team that worked on the article
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).