Open fbs demo account

Once you have confirmed the email, you will be presented with a confirmation screen like the one below.

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FBS Demo Account - Opening Tutorial and Review (2021), open fbs demo account.

This indicates that you have now completed the FBS demo account opening process. Once you see this, just click on the “confirm email” button and you are good to go. It really is as easy as that.

FBS demo account - opening tutorial and review (2021)

Selecting the best forex broker is never an easy task.

This is why many choose to open a demo account first from the many FBS account types available.

If you have decided to open an FBS demo account, that’s great! We have even included FBS in our list of the best free forex demo accounts.

With the help of this step-by-step tutorial (combined with our FBS review) we hope to make the opening process very easy.

74-89% of retail CFD accounts lose money

FBS demo account opening tutorial

The process of FBS account opening for a demo is actually very straight forward. Nevertheless, we have provided each step of the process along with detailed images for your assistance.

This should make opening an FBS demo account a real breeze for everyone, even more so if you do it after reading our FBS broker review.

So, here we are. Let’s get started on opening your demo account with FBS:

Step 1 – getting started with your FBS demo account

Your very first destination when opening an FBS demo account should be the broker homepage. Your experience may be slightly different depending on your location.

If you are within europe, you will be directed to the cysec regulated FBS site. Here you simply click the button as highlighted below and you will be started on your demo journey.

The only slight difference in the process of registering a forex demo account as an international user comes at this point where you will be presented with a different homepage. You simply need to scroll a little down the page to about the midway point where you will see the demo account option as shown below:

Step 2 – FBS demo account – what documents/information do you need?

Actually, you will not be needing any documents as such when you choose to open an FBS demo account.

What you will need is an email address which you can confirm in order to activate your FBS demo account.

Naturally, after trying out your demo account in the provided period, if you then want to proceed with opening an FBS live account, there are a few documents you will need to submit. There include your proof of ID and address.

Step 3 – fill in registration form

So, after clicking on the “open demo account” button as shown above for EU users, the next screen you will be greeted by is a very simple registration form.

As you can notice, this is a very simple form which should be fast to complete. All you need to do is enter your name and email address. At this point you can also select between an FBS standard demo account or an FBS micro demo account. The choice is yours.

You should then check the two boxes at the bottom and click “open an account”. You will then be directed to the next step.

Step 4 – confirm the account via email/telephone

The next step in the process of opening your FBS demo account is to confirm the email address which you provided in the previous step. This has to be done before you can activate and log-in to your new FBS demo account.

The email you receive should look like the one below:

Once you see this, just click on the “confirm email” button and you are good to go. It really is as easy as that.

Once you have confirmed the email, you will be presented with a confirmation screen like the one below. This indicates that you have now completed the FBS demo account opening process.

Once you have collected your platform information and passwords from here you can just head back to the log-in screen at your FBS site. There you will log-in to your FBS dashboard using the information which you set during registration.

Step 6 – choosing your FBS demo account platform

After your first successful FBS demo account log-in you will see your account dashboard. ON the left side, simply click the “trading platforms” button. On doing that you will notice the following screen:

All you have to do is click on the related trading platform you want to use, download it, and use the details provided during confirmation to log-in and start trading on your demo trading account.

FBS demo account review

Now that you have hopefully completed the account opening process, let’s take a deeper look inside what you can expect from your FBS demo account.

What types of FBS demo account are available?

If you are a europe-based FBS trader then every account type there will be available for you to open a demo account. This means you could open a standard or FBS micro demo account.

If you are an international trader operating from FBS.Com, you will also be able to open every type of account as a demo. This means you will have access to FBS cent account, standard, micro, zero and FBS ECN accounts to try out on a demo basis.

FBS demo account features, restrictions and differences with live account

An FBS demo account has all of the same benefits as you would expect from a live account. There are no particular restrictions which you need to look out for when operating through a demo account with FBS.

The one differing point as with that of any demo account with major brokers is the fact that slippage could occur. This is the difference between the price at the time when you make a trade, and the time when it is actually executed.

Nevertheless this should be very minimal and only happens on rare occasions or during high volatility periods.

Advantages of trading with an FBS demo account

There are several advantages when it comes to trading through an FBS demo account.

These center around the fact that this account risks none of your real funds, yet still provides access to a fully functioning account with all of the same features as an FBS live account.

This makes the FBS demo account opening a very practical and beneficial idea. It allows you to practice and replicate many of the scenarios which you may encounter in the real market but without the risk.

In the long-term, this will undeniably help you to learn more about forex trading, FBS broker itself, and how to use the trading platforms. It will hopefully lead to eliminating mistakes and making you a better live trader overall.

FBS demo account management

Once you have gotten to grips with your new demo account and all of its features, you may be wondering about how long you can keep your demo trading account open or how to restore an FBS demo account. Here we have covered those issues to help you along.

Expiring time

The FBS demo account expiration again depends on where you are based. For those who are within europe and operating under cysec regulations, you will have access to your demo trading account for a 90-day period. The account will then expire after 90 days. At this point you can still create a new FBS demo account if you want to continue your practice.

If you are operating under FBS as an international trader, your demo account will be limited to a 45 day period. Again however after the 45 day period runs out, you can create a new FBS demo account to keep trading through.

Restoring expired demo accounts

As FBS demo accounts do not expire due to inactivity, you should not be faced with the situation of having to restore it. As mentioned above though, if you do face any problems, you can simply follow the process to open a new FBS demo account easily.

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How to open FBS's demo FX trading account?

How to open FBS's demo trading account with virtual money?

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Open FBS demo trading account. Table of contents

How to open FBS’s demo forex trading account?

You understand the basics of forex trading, but you are worried about suddenly trading with your own money.

Is there anyone who has such troubles?

Although FX can be started from a small amount with FBS, it is a bit difficult to start trading suddenly.

For such people, we recommend demo trading with virtual money.

In order to do the demo training, you first need to apply for a demo account of FBS, and applying for a demo account is very easy.

To open a demo account, you only need a “name” and “email address”, then you can start demo training immediately.

You don’t need to register the main account of FBS, so you can start the demo training in a few minutes.

Go to FBS official website

Receive login credentials for your account

One click to open a demo trading account

With demo trading account, you can experience forex trading without spending your own money.

In addition, some forex companies also offer demo trading that has features that are comparable to actual forex trading.

Therefore, this time we will introduce the features and benefits of demo training, and some recommended apps for doing demo training.

Become a FX trader by gaining a sense of trading with demo trading account.

What’s the merit of FX demo trading?

Demo trading is simply a free practice tool for forex trading.

The biggest feature is that you can practice forex trading without spending your own money.

Even if it’s for practice, the demo account provided by FBS is very well made, and there are some that can be traded like the actual trading.

Therefore, it is often used by those who are new to FX as a stage before actually starting FX trading.

Now let’s take a closer look at demo trading.

First of all, we like to introduce the benefits of demo training.

There are three main advantages to using demo trading which are: grasping the flow of transactions, seeing real-time rates, and knowing the risks.

1. Understand the FX trading flow

The first advantage is that you can get a grasp of the overall flow of forex trading by using a demo trading account.

No matter how much you have acquired FX knowledge, if you do not know how to order and make payments, you will never have a profit.

That’s where demo training comes in.

If you check the flow of orders, how to select a currency pair, and the operation method such as payment method using demo trading account, you can trade in real forex trading without hassle.

The important thing here is to do a demo training with the intention of making a real transaction.

Properly ordering and making payments without any tension is not much practice in trading.

On the contrary, if you can firmly grasp the flow of forex trading by practicing with the demo training with a sense of tension, the possibility of making more ideal trading in forex trading will increase.

2. See the movement of the exchange in real time

The next advantage is that you can experience the real exchange rate movements in real time on FBS’s demo trading account.

Through the demo trading account, you can know which news and economic indicators will be announced and will have a great impact on the exchange rate, and what are the characteristics of price movements during each time period.

Being able to systematically understand the whole picture of FX is one of the great advantages of demo training.

Experience the forex market and forex trading before trading with your own money.

3. Measure your risk tolerance

The final advantage is that you can know the risks.

Forex trading can be both profitable and costly.

So you should fully understand the risks with the demo trading account, and how much loss can be done in the transaction.

Otherwise, you will lose more than you can tolerate in the actual forex trading, and you may end up withdrawing from forex immediately.

This is where demo training comes into play.

If you analyze yourself how much risk you can tolerate by “how much” and “how much leverage” in the demo trading, you can reduce the risk of serious losses in actual transactions.

In addition to that, you can also try various trading styles such as scalping, day trading, and medium- to long-term trading without risk, which is another advantage of demo training.

However, there are some disadvantages to demo training that beginners tend to fall into.

It is important for FX trading to grasp the disadvantages firmly.

Demerit of forex demo trading account

The biggest demerit of demo trading account is that it is easy to get a habit of trading without tension.

In demo trading account, you don’t actually use your own money, so you don’t have to worry much if you make a lot of money or lose a lot of money.

Not losing money is also a merit of demo training, but it is also a cause of increasing the possibility of continuing transactions without tension.

Be cautious about the assumption that “profit is starting to come out and real FX trading will be okay”.

You could be able to make a profit with the demo training, but many people do not succeed in the actual trading and give up FX trading.

For example, demo trading account has nearly tens of millions of virtual funds available, so it is possible to trade several million dollars in one transaction.

However, it can be said that such a trade is not very realistic if you just started FX.

Even if you happened to make a profit from such a high-risk transaction in the demo trading, if you make the same trade in the production transaction, you could lose a lot and immediately leave the forex market.

Therefore, when using the demo training, it is necessary to have a firm sense of “tension” and “image of profit and loss”.

On the contrary, if you can pay attention to these two points, demo training can be the best tool for practicing forex trading.

3 points you should check before demo trading

Are you looking to trade with demo trading accounts for a while to practice trading forex and cfds?

In case you are looking to open a demo trading account with a forex broker, there are mainly 3 points that you should check beforehand.

See the list of online forex and CFD brokers in the page here.

Whether the environment is similar to the actual trade
first, let’s focus on whether the demo account and the actual trading environment are similar. If there is a difference in “function” or “ordering method” between the demo account and the actual FX account, you will not be able to make the most of your experience with the demo account. Therefore, when choosing a demo account, we recommend that you choose a demo account that is “similar to the actual transaction”. It’s said that you get used to it rather than learning, but it also means that an environment where you get used to it is important.

Is it easy to order on a smartphone or PC?
The next point is “easy ordering”. Some people use pcs as the trading environment, while others mainly use smartphones. Therefore, “easy ordering” is becoming important. Specifically, let’s check one by one, “whether the order screen has a layout that is easy to understand”, “is it easy to set the order”, and “is it possible to place an order smoothly”? By choosing a demo account that you think is easy to use, you can do demo training without having extra stress.

Market news and analysis
the last point is “rich information” and “easy to see”. Information collection is indispensable for FX trading. The ease of collecting that information becomes very important in actual trading. Therefore, please be careful when selecting a demo account for market information related to FX trading and visibility of economic indicators.

Are you also interested in opening a real trading account to invest seriously?

Start from choosing an account type of FBS here.

And for all real account traders, there are various bonus promotions and trading contests that FBS runs.

Visit the page here for the list of FBS’s all bonus promotions and trading contests.

How to utilize FBS free demo account

I will explain the demo account of FBS, which is a popular broker as FC barcelona sponsor and offer very low cost trading environment.

By opening a demo account, you can practice trading and check the actual trading environment in FBS.

If you have any doubts about the trading environment, it is a good idea to try a demo account before opening a real account.

This article describes the following:

How to utilize FBS demo account

Characteristics of FBS demo account

Notes on FBS demo account

How to open FBS demo account

Features and benefits of FBS demo account

FBS offers a demo account.

Really tradeable account that is not demo accounts is commonly called “real account”.

When you open a demo account, equity is set in advance.

Just open it and you can start trading immediately.

Easy registration, no need to submit identity verification documents

Equity is prepared and you can trade immediately without deposit

Trading is possible in almost the same environment as the production

The rate etc. Are the same as the actual production and are reflected in real time

Products such as currency pairs and cfds offered are the same as real account

Anyone can use it for free

No risk of losing your money

What is the purpose of using the FBS demo account?

The demo account can be used for the following purposes.

Check the trading environment of broker before opening a real account

Forex beginners practice trading

Try trading currency pairs and cfds that you haven’t traded before

Test EA (automatic trading tool)

Check the trading environment

Regarding the first point of checking the trading environment, you can check the following points by actually trading with the demo account of the forex broker.

Is the information on the official website correct, such as spreads?

Is there any suspicious point about fluctuations in spreads and prices depending on the time of day and products?

Is it easy for orders and payments to pass, or is it slippery?

The demo environment of each broker is provided “almost” the same environment as the real account.

You can check the approximate usability with the demo account.

Forex beginners practice trading

The demo account has almost the same environment as the real account, so you can practice trading in a real rate environment.

Even if you are not a beginner, you may use it as a place to practice, such as trying out newly learned methods.

Try trading currency pairs and cfds that you haven’t traded before

This is what I do, sometimes I try to trade currency pairs and cfds that I don’t usually trade.

I can do it with a real account, but since trading of unfamiliar products often loses at first, I use a demo account for verification.

Test EA (automatic trading tool)

EA (automatic trading tool) can be used in MT4 and MT5, a demo account may be used for testing in a real environment (called “forward test”).

Some paid EA’s do not work with demo account, so it is limited, but it is super dangerous to suddenly try EA that you have not used yet with real account, so you need to verify with demo account first.

If you have programming knowledge and skills, you can also develop your own EA using a dedicated language called MQL that runs on metatrader.

If you want to test your own EA, you will use demo account.

Precautions when using the FBS demo account

In this way, anyone can open a demo account for free and it is a trading environment that can be used easily, but there are cautions when using it.

Strictly not exactly the same environment as a real account

Withdrawal is not allowed

Deposit is not allowed

Demo account cannot become real account

Lack a feeling of tension

Strictly not exactly the same environment as a real account

Demo account is said to be “almost” the same environment as real account, but it is not exactly the same environment.

If you want to check the usability of a real account strictly, it is best to try using a real account even with very small margin.

Withdrawal is not allowed

Of course, even if you make a profit, you cannot withdraw.

Of course, you cannot withdraw the margin that is set automatically when you opened the demo account.

Deposit is not allowed

You cannot deposit to the demo account.

Even if your margin balance becomes zero during trade verification, you cannot deposit and increase your margin.
In this case you will have to open a demo account again.

In addition, some brokers will increase the margin of the demo account on an application basis.

Demo account cannot become real account

If you like the trading environment and want to continue trading with that broker, you need to open a real account again.

In that case, please note that the account number and the server name to login to metatrader will also change.

Lack a feeling of tension

This is the most important point.

The demo environment is not your own money, so you can trade as much as you want.

Even if you trade in a high lot that you would never normally do and lose a lot, there is no shock.

There is no point in practicing trading or verifying the method if you trade completely differently than usual.

Those brokers who practice and verify trading should keep in mind this part.

Otherwise, you will be doing the same trade, and you will lose in the real account.

FBS demo account specifications

FBS allows you to open demo accounts for all account types.

Therefore, you can actually try out the specifications and trading conditions for each account type.

For more information on FBS account types, see the separate article, “ FBS all account types “.

How to open FBS demo account

From here, I will explain the procedure for opening a demo account in FBS.

In FBS, user registration is required to create a demo account.

After registering as a user, you will be able to login to the member dashboard.

You only need to register as a user, and you do not need to submit your identity verification documents.

Registration is completed in just few minutes.

If you already have a real account, you can login and create an additional demo account from your dashboard.

OPEN ACCOUNT

Trader registration

Open an account

Click + (plus) to open new account on dashboard.

Account type

You can open demo account of any account types.

Account settings

Select trading platform MT4 and MT5.

Account currency is USD only for demo account.

For initial balance, you can set any amount.

Leverage can be changed later.

About leverage setting

With FBS, you can trade with a high leverage of up to 3000 times, but the leverage limit is automatically applied according to the margin balance.

This is also true for demo accounts, where you need to have a margin balance of $ 200 or less to trade at 3000x high leverage.

Demo account has been opened

Your demo account has been opened.

Please find the e-mail containing the login ID to MT4 / MT5 and the server name to login to metatrader.

You can download metatrader by clicking the link in email.

FBS demo account, demo account information

If you haven’t installed FBS MT4 and MT5 yet, please refer to “ FBS MT4/MT5 how to install and login ” for PC version of metatrader, and for mobile app, refer to “ how to install MT4/MT5 mobile app ” and install metatrader.

After installation, you can login to metatrader by using login ID, password and server name that was informed by email.

When you login, the margin is already set, so you can trade with demo account now!

Summary

Make good use of the demo account to get used to trading and verify the trading environment.

I recommend that you make sure before opening a real account.