FBS Introduces New Currency Pairs

The feedback from FBS clientele states that the local currencies are of high importance for traders from different European countries. To make trading more convenient for the clients, FBS enlarges the range of trading instruments.

From this time, the Polish zloty (PLN), Swedish krona (SEK), Hungarian forint (HUF), and Czech koruna (CZK) are available in Forex Exotic list on MetaTrader 5. Notice that only European clients who have a Retail or Professional category can now trade new currency pairs.

Hence, the following currency pairs are offered for trading:

  • USD/PLN
  • USD/SEK
  • USD/HUF
  • USD/CZK
  • GBP/PLN
  • GBP/SEK
  • EUR/PLN

The main advantage of this introduction is that it helps traders, who have profound knowledge of local economic events and their impact on local currencies, show more impressive performance in the market. New currency pairs to trade will be especially useful for traders from Poland, Sweden, Hungary, and the Czech Republic because they know what is happening to their local currency exchange rate at the time and are able to plan their trades accordingly.

The Polish zloty, Swedish krona, Hungarian forint, and Czech koruna are available for trading only in real Standard MetaTrader 5 accounts.


FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

ORACLE: The TikTok Battle

National security

Such is the case of TikTok. To young performers, it is known as an app where you share your creative ads dancing or doing anything else that may keep the attention of a multimillion audience for several minutes.

To the US security and intelligence, it is known as a Chinese data and social networking company that threatens to tap into the sovereign territory of the US social data. Roughly, that is the concern that made the administration of the US President impose the September-15 deadline for selling the US operations of TikTok to an American company.

Two contenders

Previously, Microsoft used to the main company in focus to continue TikTok’s US operations. However, the negotiations with this potential buyer went aside as Oracle took over the stage, and the people around the issue are pointing to the fact that the deal is very possible. But this is not the only thing people are pointing out: Oracle has been financially supporting Donald Trump’s campaigns and has been more than just cooperative with the US President until now.

So we have an international business, the US-China relations, and the US elections all in one knot around Oracle now. With all this in view, stocks of Oracle may soar in case the deal is successfully sealed: not because there are a lot of truly positive business outcomes from it, but because of the heightened degree of discussions around the matter.

Technical view

On the daily chart, the recent spike that still ended up below the previous high corresponds to the announcement that Oracle is likely to take over the race over TikTok from Microsoft. The bearish ending is logical for that bar because there is no deal signed yet, and in the end, what we have is just talks and negotiations. In the meantime, the deadline of September 15 is nearing – that means, even if we don’t see another bullish spike, there will be increased volatility in any case. In the end, it falls well into the equilateral upward channel Oracle’s stock has been in since March. Expect $56 to provide firm support while $62 may be the objective for bulls in the most aggressively bullish scenario. Otherwise, the area of $58-59 seems a fair target range for Oracle stock in the short term.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

The FBS Copytrade Launches New ‘PRO Trader’ Feature

From year to year, the FBS CopyTrade App is being named the most easy-to-use social trading platform by the different issuers. The FBS CopyTrade team always works hard to make investing for the users of the app easier and more convenient. The new ‘PRO Trader’ feature is developed to improve the application’s user-friendly status and reduce the investor’s risks.

Since now every FBS CopyTrade user can see a green ‘PRO’ sign near some traders’ pictures and be sure that these traders are one of the most reliable, skilled, and professional the Forex market performers. The FBS CopyTrade team thoughtfully select the traders to make them ‘PRO’. The team checks each long period of time trader’s data to give it a ‘PRO’ status deservedly.

The privilege to copy PRO traders is given to the investors who deposited $500 or more in total throughout the history of investing with the FBS CopyTrade App.

The FBS CopyTrade App is a dynamically developing platform for social trading. It is usually named the most user-friendly and easy-to-use copy trading application.

The app was launched in 2018. It is used by more than 5 million investors. FBS CopyTrade allows people who are less experienced in trading to increase their capitals by copying the selected skilled traders. The traders get an income from each copier’s deposit after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.

FBS is an international broker with over 190 countries of presence and 11 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

FBS is an official trading partner of FC Barcelona from January 2020.

The FBS Copytrade App Became the Best Social Trading Application MENA 2020

Global Banking & Finance Review is a British portal that focuses on the evolving and changes in the financial field. Every year, the magazine’s commission notices and awards banks and companies that make progressive and positive changes in global economics.

This year the FBS CopyTrade App was recognized as the Best Social Trading Application in the Middle East and North Africa countries. This is the second award for FBS CopyTrade Team this year. A few months ago, the app was awarded by Capital Finance International journal as the Best Application for Copy Trading in 2020.

FBS CopyTrade team is proud to receive these awards. They illustrate that the app is moving in the right direction of its development and about to become a more user-friendly and customer-orientated social trading platform. The team will continue its hard work to improve the application quality standards.

The FBS CopyTrade App is a dynamically developing platform for social trading. It is usually named the most user-friendly and easy-to-use copy trading application.

The app was launched in 2018. It is used by more than 5 million investors. FBS CopyTrade allows people who are less experienced in trading to increase their capitals by copying the selected skilled traders. The traders get an income from each copier’s deposit after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.


FBS is an international broker with over 190 countries of presence and 11 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

FBS is an official trading partner of FC Barcelona from January 2020.

FBS Trader Won Best Mobile Trading Platform in Asia Award

It is a great step forward and a high honor to meet all the criteria of the judging panel. They recognized FBS Trader’s convenience of use, innovative approach to mobile trading and excellence of orders processing.

FBS Trader was designed to be both effective and user-friendly. With its simplified interface and intuitive handling, it attracts both new and experienced traders. Promoting a mobile approach to investing, FBS Trader provides users the comfort of staying in control of the trades anywhere and anytime.

Not only FBS Trader is convenient, but also functional. Comprising a variety of instruments, it has something to offer to any taste: currencies, commodities, metals and stocks. Every instrument is provided with charts of two types: line and candlestick, and detailed real-time info to help traders make decisions on the go. For any questions arising, it is possible to contact a 24/7 multilingual support directly in FBS Trader.

Another thing FBS Trader cares for is the security. That is why it possesses a Pin and Touch/Face ID function appreciated by traders who work with the platform.

FBS Trader offers a demo account and a no-deposit $100 bonus account to try out its features. The last one includes onboarding to help navigate through the platform. All this provides traders with a smooth start in FBS Trader without a need for an initial deposit.

Best Mobile Trading Platform Asia 2020 Award is just a start for FBS Trader. With a constant strive for developing and perfecting features, FBS Trader has a promising future.

FBS Trader Features NEW Quick Start Bonus to Explore Mobile Trading

Quick Start bonus is available in a convenient format of a mobile platform. The name of the bonus is not random. Quick Start is a wonderful opportunity not only to trade on a bonus account but also to learn how to trade in FBS Trader in seven easy steps.

FBS Trader is an innovative financial product, packed with trading tools and charting while keeping a user-friendly and intuitive interface. Quick Start bonus is one of its outstanding features.

To begin with $100 Quick Start bonus, no deposit needed. First, download FBS Trader. The mobile platform is available for both iOS and Android devices. After that, open a bonus account and proceed to the most interesting part: trading.

Quick Start bonus aims to study main instruments, learn how to create orders and manage risks. So to say, go through the whole trading cycle. All the necessary skills are learned through seven simple steps. Each step has instructions and videos on the studied topic to make everything clear.

At the end of the bonus program, a trader will get familiar with FBS Trader and learn the basics of trading. Moreover, Quick Start offers an opportunity to earn real money. It will be available to withdraw through a real account later.


FBS is an international broker with more than 15 000 000 clients and 11 years of presence. Being trusted across the globe, FBS is well known for its excellent customer service and trading conditions. A wide range of global payment systems, various account types, high leverage, cashback from lots and even more – FBS is very proud of all this. The main goal of FBS is to provide the winning experience to its clients, so more and more traders join FBS global community.

Moderna, S&P: Vaccine Hopes

Moderna

Source: Bloomberg

But it increasingly looks like by the time it is ready, most people indeed will already have immunity to the virus. In the meantime, Moderna is enjoying spikes of investor attention.

The latest update is that it got one step closer to the vaccine pushed its stock from the rage of $60 to $75. Needless to say, if the reports informed us tomorrow that another testing stage is cleared, we would see this stock already somewhere at its recently made all-time high above $85. Trajectory zone 2 would be the channel of movement in this case.

In fact, Moderna’s stock may well get to those highs anyways: fundamentally, the interest for anti-virus business will keep its momentum months or even years ahead, even if tomorrow is no virus at all. So Moderna will see its rise, just it will be a slow case scenario – the one that corresponds to trajectory zone 1.

S&P 500

For the stock market, the vaccine hope seems to be the only “joy” that keeps the optimism on the stage. With the S&P, currently, we are almost exactly at the previous high of 3 320, and in an obvious consolidation. Meaning, the market is not really sure what to look at more: still spreading infections in the US of the vaccine hopes. Today, it seems the latter is taking the upper hand. What the next step is going to be?

An optimistic scenario suggests we will see Trajectory 1 giving the green light to bulls and repeating the pattern of the previous upward wave the S&P followed in May. How probable is that? Quite probable, given that the reports about vaccine developments keep coming more often.

A pessimistic scenario as per Trajectory 3 suggests that we are actually at the tip of another “inside wave” which will bounce down from the resistance of 3 230. How probable is that one? Also very probable: clearing testing processes is good, but we don’t have the vaccine yet. It may take months before we finally see it.

A moderate scenario presumes that the market will overlook the absence of the vaccine and take on a more positive mood. That will be Trajectory 2.

The thing is that, indeed, it may be not until the very end of 2020 when the vaccine eventually gets done. Everyone knows that. If the S&P was only waiting for the vaccine to finally get developed, then it would be going sideways between 2 980 and 3 230 for months from now. Is that likely?

No. Regardless of the vaccine process, the more we move into the future, the more the market becomes insensitive to the reality of infections and, therefore, independent from the vaccine hopes. Why? Because with the vaccine or without it, life goes on. And even the virus is now on the rise in the US – again – it will slow down pretty soon. So the question is not “if” but “when”. And the market is bored waiting.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

USD/JPY: Changing Platforms

Seasons

After devastating March and humiliating April, May’s recovery brought hopes, positivism, and optimism to the markets. We can see that the USD has been gaining value against the safe-haven JPY almost the entire month. There was a pause at stage 2 after a shaky upswing at stage 1, then stage 3 followed by a spectacular peak. That was observed in the stock market as well. But that, altogether, was just the first awakening after a lethargic March and April. Just like spring after winter.

However, unlike natural seasons, the market mood is now in a retrace after the recovery hopes brought it up from the ruining silence. Stage 4 was an introduction to that retrace, which undid almost all gains of May. The good news is, it landed higher than May lows – that gives a hint that the recovery is indeed underway, bu

t it will not be a straight line upwards. Currently, we are in stage 5 – a sideways movement that changes baseline levels from time to time. Let’s see it closer.

Closer look

From June 11 till June 18, the USD has been trading within channel 1 between 107.20 and 107.50 against the JPY. Then, it moved downwards to go sideways within channel 2 between 106.75 and 107.00 until this Tuesday. Currently, it is in the middle zone between those two channels suggesting a potential for a new sideways channel 3. Although it doesn’t look like a single shot out of channel 2, we still need to time-confirm this shift. In any case, it is a good sign: it means there are lighter moods among investors who look to trade more risk-on compared to the previous week. If the fundamental balance stays neutral as it is now, we are likely to see USD/JPY move within this channel. If the information background – which is more unlikely – becomes more positive, we will see USD/JPY move into the zone of channel 1. Set your trades accordingly and watch the news.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

 

FBS Offers a Demo Professional Account With Increased Leverage

The company is launching a Demo Professional account. The main advantage of this feature is that it allows traders to see how the real market works by managing virtual funds under the Professional category trading conditions.

Traders can now test the Professional category and its advantages without passing the survey. It is a Demo account, the transactions with real money are not allowed. In this case, FBS guarantees the total fund security.

The benefits of the Demo Professional Account are:

  • Leverage 1:500 for currency pairs.
  • Leverage 1:200 for metals.
  • Risks are eliminated.
  • Demo accounts are free.
  • Everyone can feel like a pro trader.

So, to make the market entry smoother and safer for trading on a pro-level, traders can open the Demo Professional Account and practise a lot to master necessary skills for a future performance on Forex. Using this type of account, traders have limitless opportunities to try different trading strategies with increased leverage, reduce stress caused by the possibility of losing real money, and grow on Forex.

Once traders can get used to the real trading process, there are no limits for them to open a real Pro account. The Demo Professional Account simplifies trading at start by giving market players a chance to learn and train.

FBS is an acknowledged, CySec licensed international online broker and the official trading partner of FC Barcelona. FBS is a broker with a global outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

USD, RUB, and Oil: Trader’s Treasure

Oil’s contribution

Until 2015, while the oil price was above $20 per barrel and kept rising sometimes to cosmic highs like $140, the USD/RUB has been trading stable at 30. Eventually, the WTI oil price lost more than half its value dropping from $100 to $40. Simultaneously, the USD/RUB gained more than 100% flying from 30 to 70. Interestingly enough, both the oil price and the USD/RUB are now where they were in 2015 right before the “sudden” change. In any case, that was the end of Russia’s “gold era” of sky-high oil prices, and hence the RUB got substantially marked down.

The recent Russia-Saudi oil price war made the USD/RUB take yet a higher baseline level. The most recent spike in the USD/RUB is exactly where the WTI dropped to $20 (and even below 0 in some markets). In fact, it is visible that the shape of the chart after 2015 (marked by the green vertical line) is almost perfectly inverted between the oil price and the USD/RUB.

That’s why, specifically with the USD/RUB, one of the main fundamental factors defining this currency pair is the oil price. The higher it is – the better for the oil-exporting Russian economy, and hence, the stronger (or at least more stable) the RUB may be. This comes as a big facilitator to predict the USD/RUB: just keep your hand on the pulse of the oil price, and you will know where the USD/RUB goes. For a trader, what can be more convenient?

Source: tradingview.com

Fundamental

The strategic outlook for the USD/RUB is an uptrend in any case. That is dictated by the supremacy of the American economy against the Russian – the latter simply cannot stand the competition and is doomed to lose, just as any developing economy with the currencies such as the MXN, BRL, and TRY. As we can see on the chart above, even after a bullish rally, an uptrend was rarely challenged – rather, tested, at times. For example, the years 2000-2015 can be taken as a period of a relative stability of the USD/RUB at or below the resistance of 30, with 2003-2008 showing a slow decline. That was ended with the mentioned plunge in the oil price that pushed the USD/RUB far beyond 30.

The weekly chart of USD/RUB below presents a volatile picture with an underlying upward trajectory. While the price may keep going down for a while, it is unlikely it would break the larger uptrend. More probably, it will come to test the uptrend’s bottom at 62-63 and will get back up to 69-70.

In any case, fundamentally speaking, there is little ground to expect the RUB to gain value against the USD in the long term. At maximum, it will stay stable where it is now. That should serve as an ideal background for trading that may rely on this guaranteed fundamentality. Hence, unless the oil price makes a substantial drop once again

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

FBS CopyTrade Became the Best Application for Copy Trading in 2020

Over the three years of functioning FBS CopyTrade App demonstrated a rapid pace of development and earned the trust of more than 4 million traders and 4,5 million investors all over the world. From the very beginning, the FBS CopyTrade app illustrates the high quality of its services. It is usually noticed for the easy-to-use interface and high level of customer support.

Capital Finance International journal decided that the FBS CopyTrade app meets all demands of the best copy trading application and keeps improving. It is the second time when CopyTrade is named the best app of the year by this journal.

FBS CopyTrade Team is proud to win the best application for copy trading in 2020. FBS CopyTrade app is constantly improving application quality standards. The award illustrates that the app is moving in a right direction of its development and about to become a more user-friendly and customer-orientated social trading platform.

FBS CopyTrade app is an international social trading platform. The app was launched in 2018. It is used by more than 8 million traders and investors. FBS CopyTrade allows the people who are less experienced in trading to increase their capitals by copying the selected skilled traders. The traders get an income from each copier’s deposit after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.

FBS is an international broker with over 190 countries of presence and 11 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.

FBS is an official trading partner of FC Barcelona from January 2020.

EUR/USD: Technical Outlook

Mid-term: fundamental

The European stock market takes on a risk-on mood and marches ahead of the US stocks, indirectly adding positives vibes to the EUR. At the same time, while the general economic outlook is not dim enough to push investors to the USD, they are cautious of the domestic disturbances in the US. Altogether, the USD enjoys less attention while the EUR enjoys more of it – so the EUR/USD rises.

Mid-term: technical

The first two-thirds of the month of May saw the EUR/USD flowing inside of the horizontal channel 1.0770 – 1.1000. After May 20 things changed: it broke the upper border of the channel and started rising, eventually climbing above 1.1330. The configuration of the MAs changed accordingly: 50-MA, 100-MA, and 200-MA are now re-positioned in correct ascending order.

Therefore, technically, there is no stopping to this trend so far – at least, it still has room for continuation until it reaches the March high of 1.1470. Can we expect it? Yes, we can. But we have to be aware that this rising is pretty much a consequence of a local positive affection of the market on some good news from the ECB in terms of financial aid to the Eurozone.

As soon as this affection ends – and very possibly, it does once the EUR/USD reaches the resistance of 1.1470 – there will be not much impulse for the EUR to keep pushing. Unless there is more good news from the EU, which is quite unlikely as the ECB recognizes itself that the recovery is falling into the worst-case scenario.

Long-term: fundamental

Strategically, however, we have to recognize a different picture. The structure and parameters of the European economy haven’t improved, even if we remove the virus from the list of factors. However, the crisis created by COVID-19 and the ensuing restrictions revealed some deep cracks in the Eurozone’s integrity to the extent that the Union as such was doubted at times. Furthermore, the effects of this crisis will stay after the virus itself is gone away: economically, it increased the polarity in the EU and widened the economic and political distance between the member states.

In the long-run, that may erode EUR’s grounds of stability. The racial issues in the US are unlikely going to be of the same economic gravity to the USD as the inter-state disputes in the EU are to the EUR. Therefore, unless the internal racial disparities bring the US down to a completely chaotic dystopian state like in “Mad Max”, the strategic positioning of the USD will stay stronger than that of the EUR.

Long-term: technical

1.1330 is a strategic resistance level reinforced by the 200-week Moving Average. The price is testing it currently, bending the 2-year downtrend into a straight horizontal direction. To actually break this trend, the currency pair needs to trade consistently above the support of 1.1000, which currently is the nearest tactical checkpoint for bears.

Therefore, even in the case of a long-term bullish reversal, initial retrace down to 1.1000 is likely to happen first. After that, if the EUR is strong, the currency pair will diminish fluctuations to go along 1.1000 or above it (which strategically is more unlikely that not). Alternatively, the EUR/USD will fall back into the downtrend it, and 1.10770 will be there to indicate that.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

USD: Outlook from Hong-Kong

Geographically, managing Hong-Kong is a sovereign matter of China.

Historically, it became a global issue since the British Empire took over this important city in the XIX century. During the entire XX century, it has been in possession by the British under lease agreement serving their economic and geopolitical interests. In 1997, it was returned to China.

Economically, after the global balance of economic power shifted from the dissolved British Empire to the US, the American interests are now what stands in the way of China taking full control over the city. Hong-Kong’s own interests and independence from China would be an easily resolved problem if it was only between Hong-Kong and China. But it isn’t; that’s why it is so complicated.

Geostrategically, Hong-Kong is an ideal penetration point through which the US can exert their influence and leverage power over China. Playing the Hong-Kong’s “independence and democracy” card, ideologically aligned with the Western rhetoric, against the Chinese “domination and communism” card, the US has a politically outsourced stronghold in Hong-Kong. Its primary target is to attract and consume China’s attention and resources as much as it’s needed to keep China’s international aspirations in check.

Why now

This year’s global political agenda suggests making a “small war” over Hong-Kong and eventually winning it may earn voters admiration to the US President. Namely, Donald Trump. Voices of the reasonably thinking and the moderately patriotic citizens in the US will be shouted down by the admiration of the millions who see their President as strong as ever reinstating “democracy and freedom” in Hong-Kong right in front of China – at the peak of anti-China moods in the US. As always, to make victory one needs an enemy, a war, and an excuse to make it. China, Hong-Kong, and “democracy at risk” are the three respective elements that perfectly fit this narrative.

What now

Hong-Kong to China and the US is the same is Moon to Earth and Mars. As unique and important as it is, Hong-Kong will inevitably drift to the gravity of China, while the US is just too far away. Nonetheless, there will be fights over it for the reasons explained above. These fights, however, have limitations from the US side more than China.

Primarily, there are a lot of American corporations with their regional headquarters, production centers, and outsource bases in Hong-Kong. While Donald Trump may imply that he is it trying to protect their interests over there, practically, any turbulence over Hong-Kong shakes the stability of these corporations operation in this region. That questions the long-term prosperity of these companies and most of all, supply chains. Market sectors dependent on trade would be exposed to the highest risks.

Second, any deterioration of the US-China relations drags investors’ attention to the US dollar. Consequently, the Chinese yuan loses value. It has lost already quite much – in fact, the USD/CNH currently trades at historical highs of 7.20. In theory, that’s unacceptable to the US exporters who cannot compete with cheap yuan. So far, Chinese financial authorities are forcefully suppressing the USD/CNH.

But nothing will be able to stop it increase in the case of further deterioration potential to a second cold war, as warned by the Chinese officials. Therefore, aggressive positioning against China may strike at the US in the long-term keeping the USD as high as ever in the times of prolonged risk aversion.

This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

FBS Offers Fast Deposits up to 2,000 EUR

Its main advantage is that it saves the time that the clients normally spend on the whole initial verification process and allows them to use the gained hours on real trading. Thus, people can enter the market quickly when they feel that the conditions are favorable.

Traders can now deposit up to 2,000 EUR in total to their FBS accounts and use this money for entering the financial market right away. To do so, they must have:

• Retail category

• Completed financial verification for Neteller, Skrill, or wire transfer.*

After they start using the option, the FBS clients have 15 days to finish the verification. During this period, they have to upload the required documents for Proof of ID and Proof of Residence.

So, the entry to the market speeds up and goes smoother. During the ‘trial’ 15 days, clients will have an opportunity to see how FBS works: test all the services, try out the trading instruments that the company offers, and, what is more, plunge into trading right away by omitting the time-consuming acceptance procedure. Besides, the traders don’t have to be in a rush to collect all the documents. Two weeks are more than enough to send the remaining proofs for FBS to guarantee the security of the funds and identity.

The introduction of fast deposits holds a perfect balance between clients’ desire to simplify the entry to the real financial market and safety regulations.

FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

FBS Announces Forex Trading Book

The company has introduced its new product – Forex Trading Book, an app to guide newcomers through the FX world.
Both newcomers and aspiring traders with just one or two years of experience will find this product beneficial. They will get comprehensive, practical guidance through what the Forex industry is all about and learn what it takes to become a competent professional within it. The most exciting thing about Forex Trading Book is that users can get a perfectly structured educational app.
The first part is theoretical; it explains the realities of trading and states the factors you need to consider to succeed. As for the second section, it’s practical, fully based on the FBS Trader app. This section will benefit even experienced traders. It describes the specifications of all the tools, resources, and knowledge needed to become a profitable trader. The way FBS experts structured the theoretical and practical parts will enable users to get up to speed with the material much quicker. It is easier than trying to learn from a variety of different introductory sources.
This way, as soon as the users learn new things about Forex, they can start trading using the platform, immediately have progress, and see the results.
The company experts have developed this product to benefit users with any level of English. The clients will get simple yet full guidance through the FX world.
FBS is aware of the importance of educational initiatives, especially in such a fast pacing area as the Forex market. The company will further empower its customers and provide tools for enhancing competence in the area of Forex trading.

S&P Back to The Future

Limitation

The stock market behaves pretty strangely. That’s normal for a human being when any kind of crisis happens, but for us, traders, this general acknowledgment is not enough to build our strategy upon. We intend to look into the future – to lift the shroud of mystery. With the limitations of cognition, corruption of information, and an ever-changing environment producing new data inputs, there is little more than what humans normally do to predict the future – look into the past. Such an approach cannot be applied blindly, of course, and sometimes may even mislead an imprudent examiner, but at times gives valuable insight into what the future may hold. Let’s do the same with the S&P which recently made one of the strongest advancements since its epic rise from the ashes in March.

Observation

We are seeing the S&P tip at 2,940. The question is: this is another peak of a sideways cascade between 2,775 and 2,965, or it’s a precursor to a bigger drop? It may be none of that: very possibly, it is just a short stop before a new upward move. The latter, though, seems too optimistic as even the MACD suggests that the current level is at least a local high. Therefore, the most well-balanced question will probably be: will the S&P bounce upward to rise further or it will drop deeper? Maybe, much deeper…

Let’s rewind a year ago and look at the last summer. There was a similar picture of recovery after a drop. S&P started with large leaps upwards and continued the trajectory with a milder curve pulled tighter to the horizon. In the end – it made a big drop erasing almost of its gains. Quite importantly, note that the chart of the S&P was in a similar configuration with the MACD: the former was rising, gradually slowing down the upward velocity, the latter was slowly going down in waves.

Expectation

As we mentioned, the coming drop is very likely. This likelihood – although not a certainty – puts us in a comfortable position to consider whether this drop will be just tactical or strategic. To make this judgment, let time align all the indications, among which the first one will be the behavior of the S&P against the support of 2,775. Let’s watch it and come back together to re-group for new observations and conclusions.


This post is written and submitted by FBS Markets for informational purposes only. In no way shall it be interpreted or construed to create any warranties of any kind, including an offer to buy or sell any currencies or other instruments. 

The views and ideas shared in this article are deemed reliable and based on the most up-to-date and trustworthy sources. However, the company does not take any responsibility for accuracy and completeness of the information, and the views expressed in the article may be subject to change without prior notice. 

FBS Has Added New Pharma Stocks With Intense Growth Rates

That is definitely correct for the pharmaceutical sector with the public companies involved in developing the COVID-19 vaccine. Being in the center of investors’ attention, they are gaining value more than other companies are. Those, which succeed with the vaccine, will surely see their stock price fly. FBS offers you to fly with them: below is the list of the recently added pharma stocks – they give you a great opportunity to get extra profits while the rest of the world just starts awakening!

Moderna (MRNA)

Moderna is an American biotechnology company based in Cambridge. While this corporation specializes in transformative medicines based on messenger ribonucleic acid, its stock now specializes in showing an unseen velocity of value growth. Challenging $30 per share when the virus hit, this stock has added more than 100% in value since then. If it grows another 100%, don’t say we didn’t tell you!

Inovio (INO)

Inovio Pharmaceuticals was another promising small-cap biotech stock before the coronavirus pandemic, which traded below $5 per share. Somewhere on the way, it managed to make a leap of 400% up that value – now that you know what it is capable of, grab it while it is at $11!

Emergent (EBS)

Emergent BioSolutions is an American multinational specialty biopharmaceutical company headquartered in Gaithersburg, Maryland. It develops vaccines and antibody therapeutics for infectious diseases, opioid overdoses, and provides medical devices for biodefense purposes. After it recovered 100% of its virus losses breaking $67, it went almost straight to the current $84 – a fusion of growth and consistency.

Pfizer (PFE)

One of the world’s largest pharmaceutical companies, Pfizer has been in Dow Jones Industrial Average since 2004. Its stock has been in decline since 2018 and currently trades at $38 after recovering from the drop to $28. Clearly, if it does well with the vaccine, the future may start shining again for Pfizer.

Sanofi (SNY)

Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris. Sanofi engages in the research, production, and distribution of pharmaceutical products. It was quick to recover almost all its losses and will surely be quick to climb higher if the vaccine is finally developed!

BioNTech (BNTX)

BioNTech SE provides biotechnological solutions. It is headquartered in Mainz, Germany. The Company develops various types of treatments for cancer patients and provides treatment worldwide. Similar to Inovio, it made a vertical leap to +100% of its value and has full potential to repeat it – be there for it!

Novavax (NVAX)

Novavax is an American clinical-stage vaccine company headquartered in Gaithersburg, Maryland with additional facilities in Uppsala, Sweden. The company received an $89mln research grant from the Bill and Melinda Gates Foundation for the development of vaccines for maternal immunization – that is surely not for nothing! Trading currently at $25 per share, it was just 50% of it a month ago – don’t miss out on it!

Gilead (GILD)

Gilead Sciences is an American biopharmaceutical company headquartered in Foster City, California. The company focuses primarily on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi. While high volatility of this stock needs to be mentioned, so does its potential for a breakthrough if the COVID-19 vaccine is developed successfully.

FBS has added new pharma stocks with intense growth rates

In the virus-hit global economy, certain market segments have converted into a playground for fierce corporate competition. That is definitely correct for the pharmaceutical sector with the public companies involved in developing the COVID-19 vaccine. Being in the center of investors’ attention, they are gaining value more than other companies are. Those, which succeed with the vaccine, will surely see their stock price fly. FBS offers you to fly with them: below is the list of the recently added pharma stocks – they give you a great opportunity to get extra profits while the rest of the world just starts awakening!

Moderna (MRNA)

Moderna is an American biotechnology company based in Cambridge. While this corporation specializes in transformative medicines based on messenger ribonucleic acid, its stock now specializes in showing an unseen velocity of value growth. Challenging $30 per share when the virus hit, this stock has added more than 100% in value since then. If it grows another 100%, don’t say we didn’t tell you!

Inovio (INO)

Inovio Pharmaceuticals was another promising small-cap biotech stock before the coronavirus pandemic, which traded below $5 per share. Somewhere on the way, it managed to make a leap of 400% up that value – now that you know what it is capable of, grab it while it is at $11!

Emergent (EBS)

Emergent BioSolutions is an American multinational specialty biopharmaceutical company headquartered in Gaithersburg, Maryland. It develops vaccines and antibody therapeutics for infectious diseases, opioid overdoses, and provides medical devices for biodefense purposes. After it recovered 100% of its virus losses breaking $67, it went almost straight to the current $84 – a fusion of growth and consistency.

Pfizer (PFE)

One of the world’s largest pharmaceutical companies, Pfizer has been in Dow Jones Industrial Average since 2004. Its stock has been in decline since 2018 and currently trades at $38 after recovering from the drop to $28. Clearly, if it does well with the vaccine, the future may start shining again for Pfizer.

Sanofi (SNY)

Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris. Sanofi engages in the research, production, and distribution of pharmaceutical products. It was quick to recover almost all its losses and will surely be quick to climb higher if the vaccine is finally developed!

BioNTech (BNTX)

BioNTech SE provides biotechnological solutions. It is headquartered in Mainz, Germany. The Company develops various types of treatments for cancer patients and provides treatment worldwide. Similar to Inovio, it made a vertical leap to +100% of its value and has full potential to repeat it – be there for it!

Novavax (NVAX)

Novavax is an American clinical-stage vaccine company headquartered in Gaithersburg, Maryland with additional facilities in Uppsala, Sweden. The company received an $89mln research grant from the Bill and Melinda Gates Foundation for the development of vaccines for maternal immunization – that is surely not for nothing! Trading currently at $25 per share, it was just 50% of it a month ago – don’t miss out on it!

Gilead (GILD)

Gilead Sciences is an American biopharmaceutical company headquartered in Foster City, California. The company focuses primarily on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi. While high volatility of this stock needs to be mentioned, so does its potential for a breakthrough if the COVID-19 vaccine is developed successfully.

FBS Introduced The Brand New Application Which Will Make Your Life Easier – FBS Trader

The main idea behind FBS Trader, an all-in-one trading application, is to give users the instrument to trade with ultimate comfort, which was hard to achieve on standard platforms. Putting the user experience first, the FBS team created an easy-to-use yet powerful app for trading.
In the app traders will find all essential features and instruments to profit on Forex:
• The most popular trading instruments – over 50 currency pairs, metals and oil, stocks and others
• Easy access to 15 favorite trading instruments from the main screen
• Free demo accounts for training
• Safety of your financial information and deposits in a secure, user-friendly interface
• Instant deposits and withdrawals
• Over 100 payment systems
• Easy orders management
• Real-time statistics
• Various charts to follow market trends and apply technical analysis

A range of options that FBS Trader provides is applicable for both beginners and professional traders. Investment in financial markets and currency trading have never been more comfortable.
• Online access to trading worldwide – anytime, anywhere
• Professional 24/5 support from FBS team in local language of the user

FBS Trader helps to trade mobile and optimize trading speed and efficiency for trader with any level of knowledge.
FBS Trader is the new innovative platform for trading from FBS, a reliable international broker. The company has 11 years of market expertise and got over 50 financial awards for its’ online trading services and products.
FBS is an acknowledged, licensed international online broker and the official trading partner of FC Barcelona football team. Company is present in 190+ countries, have more than 370 000 partners and over 15 million of clients.

FBS Held A Charity Event to Provide Health Supplies in Indonesia

Common people are in lack of masks and gloves they can use for self-protection. Even when the goods become available, the price is so high that people cannot afford to buy them. The hospitals face a shortage of PPE (personal protective equipment) as well. It is especially critical for paramedics who are exposed to CoViD-19 every day. As a result, dozens of doctors are dead; hundreds of medical staff are infected.

FBS couldn’t stay indifferent and held a charity event in April. The company distributed masks, liquid sanitizers, gloves, and other protective equipment to the hospitals in West Java: Soreang Hospital, Pratama Clinic, and Santo Borromeus Hospital in Bandung, Bayu Karta Hospital in Karawang, Public Health Center in Tasikmalaya.

Besides, the FBS team gave away free masks to people in need and disinfected the streets in the Kiaracondong subdistrict of Bandung. The company hopes that these actions may help to flatten the curve of CoViD-19 and prevent its spread.

The main aim of this charity event is to help needy people and health workers who fight for the lives of the Indonesian people. The company will go on investing in similar projects in the region. FBS plans to provide PPE to hospitals, clinics, and public health centers in other cities in Java.

Help, compassion, and hope are the things people in Indonesia need right now. Together with on-sight organizations, FBS will contribute to the overall wellbeing in the underprivileged districts and help to protect as many citizens as possible.


FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its main focus lies in offering financial products for currency, precious metals, CFD, and stock trading for clients with different goals and backgrounds. The company features a low barrier to entry, top-ranking apps, and a wide social trading network. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.

Global Crisis: Time to Enter the Market

If fundamentals stay as they are, we are likely to see the market gradually recover its losses, half of which are already reconquered. That makes this moment attractive to buy stocks. If we witness this moment, it will be the perfect timing to buy stocks. All you need is to choose a suitable trading platform. FBS Trader offers low spreads and fast deposits and withdrawals. So, why not? You can consider the following notable performers.

Disney

Strategically, Disney’s stock was rising in value before the virus came. The company also launched its Disney+ streaming service at the end of 2019, which made the price surge even higher – to the all-time high of $150. Therefore, it has all the fundamentals to rise when the virus outbreak is finally over. Paying $100 now for something that used to cost $150 is a rare discount. You can take this chance and buy or sell Disney’s stock in new and innovative app from FBS. In the short term, look at $120 per share as the resistance to be tested and probably broken.

Walmart

Walmart is on the list because of its strong fundamentals and a huge discount. Walmart is here for the same reason. At the same time, there’s more to this stock: although at a discounted price, it didn’t fall as much as most of its peers did. In fact, it’s one of the few shares that proves to be quite resilient to the virus-led plunge. Therefore, it makes sense to look at the current price and think of buying one of the strongest market performers that was traded at $125 a couple of months ago. With the pending order feature in the FBS Trader app, you can profitably buy stocks and select at which price level a position should be opened.

NVIDIA

NVIDIA is interesting because it represents the foremost frontier of the progress: virtual reality, video games, cloud technologies, etc. After the company sorted out its problems in 2018, it went into steady growth. There are reasons to expect that it will keep the line after the virus is gone. Now at $244, it is down 24% from its recent record – a significant discount for this share. The logic to take it is “buy the future”. And it is possible with FBS Trader app, which offers essential features for trading, such as instant deposits and withdrawals within over 100 payment systems.

Coca-Cola

Don’t be surprised to see Coca-Cola here. Actually, never be surprised to see it under any circumstances – it is one of the few century-old stocks that survived wars and pandemics and will survive us. If you like the logic “if Warren Buffett has it, I will have it”, you should like this stock. The price of $41 is offered for a $60-worth stock in March. Fortunately, FBS Trader provides you with online access to trading worldwide – anywhere and anytime. You can use the chance to buy Coca-Cola stocks at the time that suits you best.

Mastercard

Payment processing will recover before other industries wake up. This stock looks especially good as Chinese authorities allowed Mastercard to establish clearing services in China, and China is already on the way out of the virus-oppressed state. Mastercard looked strong before, it looks strong now, and trades at $256 after $347 – an offer one cannot lose, especially when you have the app for traders that opens up new opportunities.