How to Trade Forex and CFDs with FBS in India

Getting Started with FBS Trading in India

Our company delivers tailored trading solutions for Indian investors interested in global markets. We provide access to over 250 instruments including forex and CFDs through MetaTrader platforms. Spreads begin as low as 0.0 pips depending on the account type chosen. FBS supports multiple account types such as Standard, Cent, and ECN, catering to various trading preferences. Leverage up to 1:3000 enables efficient capital use with a minimum deposit starting at $5.

Account Registration Process

Begin by accessing the official FBS website and selecting “Open Account” in the upper menu. Provide your full name and a valid email address, then choose “Register as trader” from the options. To expedite registration, link your social media accounts such as Facebook, Google, or Apple. After submitting, check your inbox for the verification email. Clicking the confirmation link within 24 hours activates your account for platform access.

Document Verification Requirements

Verification is mandatory to comply with Indian regulations and unlock full trading features. Submit a clear photo or scan of a government-issued ID like Aadhaar, passport, or driving license. Additionally, upload recent proof of residence such as a utility bill or bank statement dated within three months. The verification team typically reviews documents within 2 to 4 hours on business days. Ensure all uploads are legible and match your registered details to avoid processing delays.

Choosing Your Trading Platform

FBS offers MetaTrader 4 and MetaTrader 5 platforms designed to suit Indian traders’ needs. MetaTrader 4 specializes in forex with features like 30 technical indicators and 24 analytical tools. MetaTrader 5 expands capabilities by including CFDs on stocks, indices, and commodities alongside forex pairs. Both platforms deliver real-time quotes with millisecond execution speeds supported by multiple global data centers. Mobile apps are available for Android and iOS, providing full trading functionality on the go.

The WebTrader version permits direct browser-based trading without software installation. It replicates desktop features such as one-click trade execution and advanced order types, ideal for users requiring access from multiple devices.

MetaTrader 4 Features

This platform includes built-in indicators such as Moving Averages, RSI, and MACD for technical analysis. Timeframes range from 1-minute to monthly charts, allowing detailed market study. Custom indicators and Expert Advisors can be programmed or imported via MQL4. Average order execution time is 0.1 seconds without requotes for market orders. Pending orders include Buy Stop, Sell Stop, Buy Limit, and Sell Limit. Trailing stops protect profits by adjusting stop loss levels automatically.

MetaTrader 5 Advantages

MetaTrader 5 supports 38 indicators and 44 analytical objects for deeper market insights. It features an economic calendar with live news relevant to currency and CFD markets. The platform enables simultaneous forex and CFD trading in a single account. The depth of market (DOM) tool provides detailed order book data for optimal trade timing. Both hedging and netting accounting modes are supported. Interactive chat lets traders communicate with one another and market analysts directly from the platform.

Funding Your Trading Account

We accept over 200 payment methods, including Indian bank cards, UPI, NetBanking, and major e-wallets. Most deposits are processed instantly without commission. Minimum deposit amounts vary by account type, starting at $1 for Cent and $5 for Standard accounts. Bank wire transfers require 1 to 3 business days but accommodate larger sums. Cards issued by SBI, HDFC, ICICI, and Axis Bank are supported for seamless transactions.

Local mobile payment options such as Paytm, PhonePe, and Google Pay are integrated for convenient funding. All deposits must come from accounts registered under your full name per regulatory compliance. Third-party payments are strictly prohibited and will be declined.

Deposit Methods and Processing Times

• Bank cards (Visa/Mastercard): Instant, $5 to $50,000 per transaction
• UPI payments: Instant, ₹100 to ₹500,000 per transaction
• NetBanking: 1-2 hours, ₹500 to ₹1,000,000 per transaction
• E-wallets: Instant, $10 to $10,000 per transaction
• Bank wire transfer: 1-3 business days, $100 to $100,000 per transaction

Understanding Forex Trading Basics

Forex trading involves speculating on currency pair price changes. Our platform supports many pairs including majors like EUR/USD, GBP/USD, and USD/INR. Indian users can trade exotic pairs such as USD/INR and EUR/INR for direct local exposure. Prices are quoted in pips, the smallest unit of price movement—usually 0.0001 for standard lots. Leverage up to 1:3000 permits control of large positions with limited capital but requires disciplined risk control.

Currency Pair Selection

Major pairs offer low spreads and high liquidity, ideal for many strategies. EUR/USD features the tightest spreads during peak hours. GBP/USD provides good volatility suited for active trading. USD/JPY tends to follow steady trends, suitable for technical traders. Commodity-linked pairs like AUD/USD respond strongly to raw material prices. USD/CAD benefits from close US-Canada economic ties.

Market Analysis Techniques

Technical analysis uses tools like moving averages and RSI to forecast price moves. Support and resistance zones help pinpoint trade entries and exits. Fundamental analysis considers economic indicators such as interest rates and GDP growth. Our integrated economic calendar delivers timely news updates relevant to forex markets. Market-moving announcements require cautious position management to avoid slippage.

CFD Trading Opportunities

FBS enables CFD trading on indices, commodities, stocks, and cryptocurrencies, complementing forex. Indian traders can trade Nifty 50 and Sensex indices for local market exposure. Commodity CFDs include gold, silver, crude oil, and natural gas with competitive spreads. Stock CFDs cover global companies like Apple, Google, and Tesla with leverage up to 1:20. All CFDs are settled daily with financing fees applied for overnight positions.

CFDs allow profit from both rising and falling markets by taking long or short positions. Margin requirements differ by asset, with indices generally requiring 1-5%. Real-time profit/loss and margin usage are visible in the trading interface to aid position management.

• Stock indices: S&P 500, NASDAQ, FTSE 100, DAX, Nifty 50
• Commodities: Gold, Silver, Crude Oil, Natural Gas, Copper
• Individual stocks: Apple, Microsoft, Amazon, Tesla, Google
• Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple

Index CFD Trading

Stock index CFDs track groups of stocks representing markets or sectors. S&P 500 covers 500 large US firms with tight spreads and high liquidity. NASDAQ is tech-focused with higher volatility. European indices FTSE 100 and DAX offer UK and German market exposure. Asian indices like Nikkei 225 trade during local hours. Our platform provides live quotes and charts for all indices.

Commodity CFD Features

Gold CFDs serve as a hedge against inflation with spreads from 0.3 pips. Silver offers greater volatility for potential higher returns. Crude oil tracks WTI and Brent prices, sensitive to geopolitical events. Natural gas prices reflect seasonal demand and weather. Agricultural products such as wheat and corn respond to crop reports. Standard contract sizes apply, with flexible lot sizes accommodating different account balances.

Risk Management Strategies

Protecting capital is essential for sustainable trading. Our platform includes stop loss orders to close positions at predefined loss limits. Take profit orders lock in gains by closing trades at target prices. Position sizing controls risk by limiting capital exposure per trade. We advise risking no more than 1-2% of account balance per trade to mitigate large losses. Diversifying across instruments and timeframes reduces correlated risks.

• Never risk more than you can afford to lose
• Always use stop loss orders on trades
• Maintain a detailed trading journal
• Avoid emotional decisions in volatile markets
• Regularly review risk parameters

Stop Loss Implementation

Place stop loss orders immediately after opening a position. Base stop loss distances on technical analysis rather than fixed percentages. Use support and resistance levels for logical stop placement. Trailing stops shift stop loss levels in favorable directions to protect profits. Our platform allows both fixed and percentage-based trailing stop configurations for flexibility.

Advanced Trading Features

FBS supports advanced order types like one-click trading for rapid market entry. Pending orders let you preset trade entries at desired price points without constant monitoring. Algorithmic trading is enabled through Expert Advisors coded in MQL4 and MQL5. Prebuilt EAs are available in the MetaTrader marketplace to automate various strategies. Using a VPS service ensures continuous EA operation with low latency, starting at $15 per month.

Expert Advisor Integration

Expert Advisors execute trades automatically based on programmed rules. Use backtesting with historical data to evaluate EA performance before live trading. Forward testing runs strategies in real time without risking funds. Optimization tools, including genetic algorithms, refine EA parameters for better results. Multiple currency pairs can be tested simultaneously to identify optimal combinations.

Copy Trading Services

Our copy trading service connects beginners with professional signal providers. Analyze provider performance with metrics such as profit ratios, drawdowns, and trade frequency. Subscribing to multiple providers diversifies risk and strategies. Trades are copied in real time ensuring prompt execution. Adjustable lot sizes and risk settings allow customization of copying parameters.

Customer Support and Resources

Our support team operates 24/5, offering assistance in English and Hindi. Live chat provides instant answers for technical issues and account inquiries. Email support delivers detailed responses within 4 hours for complex questions. Educational materials include video tutorials on platform use, trading methods, and risk control. Weekly webinars feature market insights and practical tips tailored for Indian traders.

A comprehensive knowledge base addresses frequently asked questions. The mobile app integrates full support capabilities, enabling issue resolution from anywhere. Push notifications keep traders updated on account status and market events. Support also helps with platform installation, verification, and withdrawal processes.

These resources are designed to enhance trading proficiency with examples relevant to the Indian market and regulatory environment.