FINANCIAL

BROKERAGE
SERVICES
GROUP 8

Safira Annisa Amal Aulia Eka Miftahul Jannah

 Mechanism of Foreign Exchange Trade

Foreign exchange trade is trade in the foreign exchange market. The foreign exchange
market (also known as forex, FX or the currency market) is an over-the-counter (OTC) global
marketplace that determines the exchange rate for currencies around the world. Participants
are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are
made up of banks, forex dealers, commercial companies, central banks, investment
management firms, hedge funds, retail forex dealers and investors.

In forex market, the seller and buyer never have directly physical meeting. The
transaction between them is connected by the broker. Task of Broker / Brokerage Company is
to become a kind of collecting transactions conducted in retail by investors under it to then
forwarded to the market or the exchange. The broker will accumulate the transaction and then
execute it, so the transaction is not individually happen.

Example:

A buys much as GBP10,000 (1 lot). To do this A made purchase through the broker where
he invested. Then the broker will order it to the market. And if the order already floating in
the market, and the order is matched, the broker will inform A, and the transaction is finish.

The Apps Of FBS Exchange Trading

 Many Forex traders from Indonesia use the services of FBS. This is because FBS has
a fairly high level of trust in providing convenience for its members. In addition, support
from local banks in Indonesia such as BRI, Mandiri, BNI, BCA and Bank NISP provides
many facilities for Indonesian traders to conduct both Deposit and Withdrawal transactions.

Not only that Forex FBS information is also very much found on the Internet, the
support of Instructors scattered in several major cities in Indonesia is also very helpful for
novice traders to try to choose Forex FBS. FBS also provides several tools such as analysis,
news, graphics, ganglets and so on which are very useful for traders. FBS also provides a
demo account for computer buddies who want to learn to start a forex trader business using
the services of FBS. This demo account can be used for 60 days to learn how to work forex
trading using the services of FBS. Several application of FBS are :

1. FBS Trader (as strong as MetaTrader, but simpler)

This application can be operated via a smart phone. FBS Trader is an all in one trading
platform that gives access to a variety of instruments in one lightweight and reliable
application. FBS has also presented FBS Copy Trade which makes it easy for traders to do
automatic trading on Android.

The features presented include:

a) Trading On The Go : There are 50 best instruments that can be traded.

b) Real-Time Statistics : Traders can monitor currency movements in real-time using
price charts and not miss opportunities.
c) Eas Settings : App view is easy to understand, traders can manage orders and
accounts as a whole with just a few clicks.
d) Transaction Comfort : FBS Trader provides easy deposit and instant funds withdrawal
through more than 100 payment systems. For information, FBS also provides a 100%
deposit bonus for traders.

2. Meta Trader 4 and 5

MetaTrader 5 is an update of MetaTrader 4. This is the most popular trading platform in the
world. Large trading brokers who have millions of clients use this platform. This platform
can be run on Android, Windows and iPhone IOS. Here, traders can see real-time price
quotes. This tool is also equipped with unique features in the form of 30 technical indicators
that canhelp traders to make decisions. To analyze the movement of a currency pair. this
platform offers 3 different graphs.

3. Forex Market Analysis and News Today

Today's Forex Market Market Analysis and Analysis Application is a free trading application
from Analaforex.com. Analisaforex.com is now one of the most widely used reference
websites by Indonesian traders. For traders who want to know about daily forex analysis from
experienced forex masters, you can read it at www.analisaforex.com. This is a famous forex
portal that is read by thousands of traders in Indonesia. In the android application
Analaforex.com is equipped with the latest news information about forex, finance, finance
and daily technical analysis, which is very useful. With the application of analysisaforex.com
it helps you who are busy and don't have time to make forex trading predictions.

5. Forex Hours

One popular paid application for forex traders is Forex Hour. This simple application allows
traders to know when the world forex center is open. The information obtained can then be
processed and taken into consideration when traders want to match trading when liquidity is
improving. Traders can also see what time a certain currency fluctuates.

6. Yahoo Finance

The application developed by Yahoo can be downloaded via Android and iOS. Here, traders
can get important economic news in real time. In addition, you can also read press releases,
financial statements and also stock quotes. Yahoo finance only preaches genuine financial
news.
7. Trade Optimizer

Trade optimizer application is a paid trading application that is widely used by traders. This
application is equipped with 14 very useful treding calculators. With this tool we can measure
and perform important after trading.

There are many trading applications that can be used by traders to help make the right
decisions when trading. These applications are made to help traders minimize lost and
increase existing profit potential.

Financial Brokerage Services (FBS)

a. Definition of FBS
FBS is an independent, privately held company that has thrived in the local
marketplace by providing high quality, objective advice. Their high touch approach to
client relationships ensures a personal responsibility to deliver outstanding results in a
true spirit of teamwork.
b. FBS team’s organizational philosophy
To providing health and welfare brokerage and consulting services is to act as an
outsourced extension of FBS client’s benefits department.

c. FBS’s Duty
A brokerage company’s main duty is to act as a middleman that connects buyers and
sellers to facilitate a transaction. Brokerage companies typically receive compensation
by means of commissions or fees that are charged once the transaction has
successfully completed. For example, when a trade order for a stock is executed, an
investor pays a transaction fee for the brokerage company's efforts to complete the
trade.

d. Types of FBS starting with the most expensive option

1. Full-service brokerage: A full-service brokerage company provides a professional
financial adviser who manages all investment decisions and provides ongoing advice
and support. Such brokerages, with their high-touch services, are the most expensive
option. Some traditional, full-service brokerage companies also offer discount
brokerage services and robo-advisor platforms. The difference is the breadth of
services and cost.

2. Discount brokerages: Discount brokers were once brick-and-mortar operations, but

are now most often online platforms that allow do-it-yourself (or self-directed)
investors to make their own trading decisions for lower commissions. Recently, there
has been a push toward zero trading commissions for ETFs or even all products on
several self-directed online platforms. These brokerage companies may tout relatively
low flat fees for trades in television, internet, and radio advertising.
3. Robo-advisors: Automated investment advisory platforms, or robo-advisors, are a
relatively new form of a digital financial advisor that offers investment management
services carried out by algorithms with minimal human intervention at a very low
cost. Several robo-advisors offer zero commissions or fees, and you can start with as
little as $5 in many cases.
 For those who are just starting a trader at FBS, it is strongly recommended to register
a Cent account type because you only need a minimum initial deposit of $ 1 or around
Rp. 14,000, while for a Micro account requires an initial deposit of around $ 5 or
around Rp. 70,000. If you have enough experience in forex traders at FBS, you can
choose the type of Unlimited account.

e. FBS Products

1. Cent: Suitable for investors who are just starting on their way to success on Forex,
minimum $ 1 deposit.
2. Micro: Suitable for those who want to calculate their profit individually, a minimum $
5 deposit.
3. Standard: Suitable for experienced market players making their way to Forex heights,
minimum $ 100 deposit.
4. Zero Spread: Suitable for those who prefer trading at the fastest speed, minimum $
500 deposit.
5. ECN: Suitable for those who want to feel the full power of trading with ECN
technologies, minimum $ 1000 deposit.

f. FBS compensation plan

FBS refers to its affiliates as user partners. FBS partners earn commissions for trading
activities of recruited affiliates. Transaction commissions are paid down to three levels of
employment (not yet available):

 Level 1 (personally recruited affiliates and traders): 100%

 Level 2: 15%
 Level 3: 5%

The above rate is paid for lots traded, which is the unit used to measure what is being
traded (a lot can be a set amount of currency, number of shares, etc.).