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How to start trading?
If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.
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How to open an FBS account?
Click the 'Open account' button on our website and proceed to the Trader Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading.
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How to withdraw the money you earned with FBS?
The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Trader Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.
Consumer price index
Consumer price index (CPI)
What is the Consumer Price Index?
Consumer Price Index is one of the main economic indicators. It reveals the average change in prices that consumers pay for a basket of goods and services. These changes are used to measure the cost of living increases.
What does CPI stand for?
Consumer prices account for a majority of overall inflation, that’s why you can notice the term Inflation Rate instead of CPI in our economic calendar. Don’t be confused – they both show the same data.
How to trade on CPI?
Traders compare the forecast with the actual CPI data, which you can check in the economic calendar.
- If the actual CPI data is greater than expectations, the currency will rise.
- If the actual CPI data is lower than forecasted, the currency will drop.
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2022-10-24 • Updated
