Fbs accounts

Both the FBS fixed spread and FBS variable spread available are very competitive when compared with the industry average.

This should give you a certain peace of mind for trading. The spread on the different instruments at FBS is firstly subject to change based on the jurisdiction where you are trading. This means that if you are trading on FBS.Com as a global trader, you may experience a different spread than if you were using FBS.Eu as a european-based trader.

FBS spreads review - types and characteristics (2021)

If you have opened an FBS account, you will notice that all FBS account types feature some form of spread.

This is the major way in which the broker profits due to the commission-free trading nature of FBS.

These spreads are very minimal on all of the assets traded, but nevertheless they are something which vary between brokers and which you should consider when making your choice of who to trade with.

On that note, we have compiled this comprehensive guide to bring you through every type of FBS spread. This includes what they mean and how much they are on each asset.

You can also see our FBS review for a full in depth look at the broker.

74-89% of retail CFD accounts lose money

Type of spreads with FBS

Here we will describe exactly the types of FBS spread which are implemented on each instrument and each of the FBS accounts which you may sign-up for.

Variable and fixed spread

An important point to note for you and all other traders is that fact that FBS offer opportunities to trade with either fixed spread or variable spread. This may not be the case with some brokers and at least allows you the freedom of choice.

Both the FBS fixed spread and FBS variable spread available are very competitive when compared with the industry average. This should give you a certain peace of mind for trading.

Spread on instruments

The spread on the different instruments at FBS is firstly subject to change based on the jurisdiction where you are trading. This means that if you are trading on FBS.Com as a global trader, you may experience a different spread than if you were using FBS.Eu as a european-based trader.

Another point to note about the jurisdictional differences when trading through FBS is that only markets on metals and forex trading are available through FBS.Eu. In the case of FBS.Com, a much wider choice of markets are available to trade.

A final point to note in this regard is that the spread will also be liable to change depending upon which account type you choose, although, no matter what, you do not have to worry about FBS requotes or mark-up on assets.

Spread on accounts

As mentioned, the spread may vary depending upon your FBS account type choice. Here are some of the main examples of how the spread impacts each account type.

Cent account

The FBS cent account allows for a great introduction to forex trading. The account allows you to trade in cents and therefore keeps your risks proportionality lower in trading. This is ideal for those who are just starting out or thinking of opening an FBS account.

The FBS cent account spreads too are very competitive. If you are an EU trader you can rely on a floating spread which starts from 1 pip with no commission.

Similarly if you are a non-EU international trader, FBS spreads start on this account from a floating 1 pip and also with no commission as well as STP execution.

Standard account

The FBS standard account is one of the most selected and again is available to both EU and international traders. The FBS standard spread varies between a floating spread from 1 pips with no commissions for EU traders and a floating spread also with no commission and STP execution for international account holders.

Micro account

The FBS micro account it is important to mention first of all, is only available to those who are trading outside the EU on an international market account from FBS.Com.

Assuming that this is the case, the FBS micro account features a fixed spread which starts from 3 pips. This account, as with many of the FBS account types features commission-free trading. You can also benefit from the speed and accuracy of STP processing which helps ensure you get the best possible price from your trade.

Zero account

Many top brokers feature some form of zero account. FBS is no different. The FBS zero account also features a fixed spread which starts from 0 pips.

This is one of the few FBS accounts which does also charge a commission. This remains competitive at $20 per lot and is balanced by the proportionately lower spread.

The account also uses STP processing. The FBS zero account is only available to those trading on the international market side of FBS.

ECN account

Again the FBS ECN account is available only to those traders on the international markets side of the broker. With this account, spreads actually start from a highly competitive -1pips.

With the ECN account, you will find a commission of $6 per lot applied to trades, and the account trading options offer only trading in forex currency pairs. Still this may be suitable to some higher volume traders in specific markets.

74-89% of retail CFD accounts lose money

FBS spread review on various assets

Now let’s take a more detailed look at what the FBS spreads are on each asset class so you can factor it into your trading decisions. Full details are also provided in the charts.

Forex

Starting with the FBS forex currency assets, these are all much as you would expect with any top broker. The one point to note here is that the spread may differ slightly between EU and non-EU global market accounts.

If there are commissions to be charged on a trade as you will see in the zero and ECN accounts, these are per lot and will be charged in your base currency.

Comparing account types again for a moment, you will see that the EU cent account has a higher spread than the EU standard account. This is something to be aware of, but again the cent account is still great for getting to know forex trading with FBS.

The FBS micro account also has a comparatively high spread, particularly during the night. This is another thing to keep your eye on.

FBS.Eu	standard	cent
EURUSD	0.5	0.5
USDJPY	1.1	1.1
GBPUSD	0.6	0.6
EURGBP	2.1	2.1

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
EURUSD	0.8	0.8	3.0	0.00 + $20	-0.1
USDJPY	1.0	1.0	3.0	0.00 + $30	0.1
GBPUSD	0.7	0.7	3.0	0.00 + $30	0.2
EURGBP	1.0	1.0	3.0	0.00 + $30	0.4

Cryptocurrencies

FBS cryptocurrency trading is available, however this is only the case if you sign up with FBS.Com as a global markets (non-EU) trader. Crypto trading is also only available through a standard or cent account.

Once again here, the commissions denoted below are on a per lot basis and charged in your base currency. The spread on cryptocurrency is generally marginally higher than many other assets with most brokers due to market volatility.

Indices

FBS indices CFD trading encompasses a range of markets and the spreads here are typically the same or very close to that across each account type where cfds trading is offered. Here you will also note that there’s a flat commission when trading indices.

FBS.Eu	standard	cent
NASDAQ	25 +$25/lot	25 +$25/lot

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US500	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a
NASDAQ	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a

Stocks

FBS stick trading features selection of globally prominent stocks which can be traded. This form of trading is only made accessible again through standard or cent accounts.

With stocks, the commissions noted are again per lot and charged in your base currency. An important point to remember here is that spreads and commissions on stock trading are the same, regardless of which stock you are trading. This applies even to the broader range of FBS stocks which are not listed.

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US stocks	$3.00	$3.00	n/a	n/a	n/a

Commodities

Finally, metals are available on all accounts with the exception of FBS ECN accounts. Another key point to remember here is that spreads may be higher during the night time and that commission is applied to traders using a zero spread account to trade metals. Again this charge is per lot and in your base currency.

FBS.Eu	standard	cent
GOLD	10	10
US OIL	3.0 +$25/lot	3.0 +$25/lot
UK OIL	1.0 +$25/lot	1.0 +$25/lot

fbscom	standard	cent	micro (fixed)	zero (fixed)	ECN
GOLD	10	10	n/a	n/a	n/a
US OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a
UK OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a

74-89% of retail CFD accounts lose money

FBS spread comparison with other major brokers

Comparing FBS with other top brokers in the industry is a natural way to conclude our information and hopefully it can help you make the right choice when choosing your broker.

We can say that FBS do offer a very low spread with very competitive no-commission account types across most that are offered. This can be great for the majority of traders. There are also no requotes at all which is always a good sign from a top broker.

If you are interested in scalping with FBS, you will also be glad to know that this activity is allowed by the broker too.

Overall, the FBS spread is objectively very competitive and the broker appears to try the best to have a minimal impact on the cost of your trading activity. The one time to be mindful of the spread is during the night period or on certain markets when it can increase substantially.

74-89% of retail CFD accounts lose money

Trading

Upgrade your profit, trade with the best conditions!

Account comparsion

Cent account

Micro account

Standard account

Zero account

ECN account

Floating spread from 1 pip

Fixed spread from 3 pips

Floating spread from 0,5 pip

Fixed spread 0 pip

Floating spread from -1 pip

Up to 1:1000

Up to 1:3000

Up to 1:3000

Up to 1:3000

Up to 1:500

Maximum open positions and pending orders

From 0,01 to 1 000 cent lots
(with 0,01 step)

From 0,01 to 500 lots
(with 0,01 step)

From 0,01 to 500 lots
(with 0,01 step)

From 0,01 to 500 lots
(with 0,01 step)

From 0,1 to 500 lots
(with 0,1 step)

From 0,3 sec, STP

From 0,3 sec, STP

From 0,3 sec, STP

From 0,3 sec, STP

Account types, except ECN account, support the following trading instruments: 35 currency pairs, 4 metals, 6 CFD.

Frequently asked questions

What trading account should I choose?

FBS offers various account types designed to meet your needs, including cent , micro , standard , zero spread , and ECN accounts with unique trading conditions. For newbies who have no trading experience, we recommend opening a demo account first, and only after that a micro or cent account. For those who are not the first day in trading, we advise opening a standard account – a classic one. And for real professionals, we suggest a zero spread account or ECN account.

How do I start trading?

First, it's really important to remember that becoming a successful trader isn't an overnight process. It takes time to become familiar with the markets, and there's a whole new vocabulary to learn. For this reason, legitimate brokers like FBS offer demo accounts. To open a demo account, you need to register first. After that, download trading software to open and close your first order.

What is forex trading?

Forex, also known as the foreign exchange market or FX market, is the world's most traded market, with a $5.1 trillion turnover per day. In simple words, forex trading is the process of converting one country's currency into the currency of another country, aiming to make a profit from the changes in its value.

What is a trading account?

To start trading on forex, you must open an account. The primary purpose of trading accounts is to make transactions (open and close orders) with various financial instruments. The trading account is similar to the bank one – you use it to store, deposit, and withdraw money. However, deposits and withdrawals are available only after you verify your account.

Why is FBS the best broker for online trading?

FBS is a legitimate forex broker regulated by the international financial services commission, license IFSC/000102/124 , which makes it trustworthy and reliable. We offer our clients the best trading conditions on the market, including different bonuses, convenient trading tools such as CFD trading and stock trading among trading classic currency pairs , regular promotions , the most transparent affiliate commission up to $80 per lot, 24/7 customer support, and more.

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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

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Feel free to choose any account type you like!

For experienced market players making their way to forex heights

Perfectly suits those who are just starting on their way to success on forex

Ideal for those who want to calculate their profit precisely

Designed for those who prefer trading at the fastest speed

For those who want to feel the full power of trading with ECN technologies

To grow your confidence, train your trading skills on a demo account.

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Be armed with the latest news

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Dreams come true winner gets a motorcycle to help him and his students commute

Trading schedule changes due to martin luther king, jr. Day

EUR/USD bulls target again 1.24 area

All attention to biden's inauguration

IBM: breakthrough or reversal?

Market outlook for this week

How to trade ahead and after BOC report?

Market sentiment slightly improved

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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.

Trading

Upgrade your profit, trade with the best conditions!

Account
comparison

For experienced market players making their way to forex heights

For beginners who want to trade real funds without risking too much.

A cent account differs from a standard one only in the balance that is shown in cents.

1 cent lot equals 0,01 of a standard lot or 1,000 units. The max order volume is 500 cent lots, which is 5 standard lots or 500,000 units. Cent accounts involve a different level of risk. We recommend them for beginner traders.

Perfectly suits those who are starting their way to success on forex

For cautious traders who want to test their trading skills and tools on small virtual funds

A cent account differs from a standard one only in the balance that is shown in cents.

For experienced market players making their way to forex heights

For beginners who want to trade real funds without risking too much.

A cent account differs from a standard one only in the balance that is shown in cents.

Perfectly suits those who are starting their way to success on forex

For cautious traders who want to test their trading skills and tools on small virtual funds

A cent account differs from a standard one only in the balance that is shown in cents.

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Risk warning: 74% of retail accounts lose money when trading ᏟᖴᎠs with this provider. ᏟᖴᎠ's are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how ᏟᖴᎠ's work and whether you can afford to take the high risk of losing your money. Please refer to our risk acknowledgement and disclosure

The website is owned and operated by tradestone limited (address: 89, vasileos georgiou street, 1st floor, office 101, potamos germasogeias, 4048 limassol, cyprus), registration number HE 353534, authorized by cyprus securities and exchange commission, license number 331/17.

What is a demo account on forex?

The instructions for opening a forex account

You don’t have to spend your own money on forex right from the beginning of your trading journey. Most brokers offer you demo accounts, which let you test out the forex market with virtual money using real market data. Using a demo account is a good way to learn how to trade. You will be able to practice on real data, but without any real risk of losing money. In such way you will be able to learn everything you need to be a forex pro much faster. To try this account, choose demo upon registering an account with FBS.

Demo trading pros and cons

A demo account gives you a perfect way to practice your trading skills without wasting real money.

It sounds tempting, but there are some pitfalls to consider.

First of all, demo accounts offer a bigger amount of money than a trader will use during a real trade, because trader can choose any amount of money for practice. However, people often choose more than they will really trade with in real life. They take extra money for mistakes. But on the real (live) accounts, traders won’t have so many money for their faults. Moreover, with such a big capital, trader doesn’t understand the real losses as they are easier recouped by a big capital than by a small one.

Secondly, demo account trading lacks real emotions. There is no fear when you have nothing to lose. Fear influences trader’s behavior and not many traders can control their emotions. As a result, it doesn’t make much sense to practice your skills when you do not know how you will behave in situation where you will be under a lot of pressure.

How to benefit with a demo account?

If you follow several rules, the demo account can be a really useful tool for practice.

Choose the same amount of money as the one you will have on the real account.

Try to imagine that the money you have on the demo account is real and profits and losses are real too.

Remember that if you failed to gain profit on a demo account, you will not be able to do it on the real one, so try to learn forex trading and evolve while using the demo account.

Moreover, with FBS you can make real profit on demo account. We have FBS league contest going on among demo traders twice a month. You can join it solo or in the team and make up to $900 in one tour!

When trader needs to use a demo account?

There are various situations when you should use the demo account first.

If you have no idea how to trade on a trading platform a demo account will help to you learn its features and avoid accidental trades.

If you want to start using a new trading strategy and want to see whether it works for you. You can use demo account to test this strategy. Afterwards, you may try the strategy in real time. Of course, such test won’t give you a 100% guarantee that the strategy is good, but it’s better than nothing.

If you decided to use an automated trading program, you can test it on the demo account. Trading program is a robot/expert advisor that is not affected by emotions. It does not matter whether you implement it on demo or real accounts.

If you came to the forex market just to check your skills and play on the exchange rates. When you do not take trading seriously you may suffer great losses. If you see it as a game, play it on the demo one.

Demo account is a good option for training and beginning of your trading career. You can test your strategies without losing any money. Just remember about the disadvantages you may face with demo trading.

Pay attention to the fact that the minimum deposit at FBS starts from just $1 on real accounts. You can start your trading career with a little money. So, you can limit your risks, while having a real chance to get profits on real account!

Best trading accounts

The time has come, and you have finally decided to trade on forex with FBS? Whatever your strategy might be, FBS has a trading account suitable for you! Select from a variety of account types designed to meet your needs, including cent, micro, standard, zero spread, and ECN accounts. Each of these accounts has its unique features. Let us give you a short explanation.

Cent account

Cent account is the best choice for those who only start learning what trading is and how it works. With a cent account, you can start trading even with a $1 deposit, and you will not have any commission. This type of account has leverage up to 1:1000, which means that you can control $10 while having just 1 cent. Besides, a cent account has a floating spread from 1 pip and includes our best bonuses, such as trade 100 bonus, quick start bonus, and 100% deposit bonus.

Micro account

The next account that FBS offers its clients is a micro account. A micro account provides users with increased leverage up to 1:3000 and offers a fixed spread from 3 pips. This account is also commission-free, and the number of maximum open positions and pending orders on it is 200, as in a cent account. To open a micro account, you need to deposit $5, and that's it!

Standard account

Standard accounts are usually the most common and flexible account types. To open a standard account at FBS, you need a bigger deposit – $100. However, the spread on it is floating and starts from 0,5 pip. No commission, again, and the leverage is up to 1:3000.

Zero spread account

A zero spread account is the best choice for those who prefer fast trading and don't want to pay the spread. The initial deposit here is $500, with a fixed spread from 0 pip (as it comes from the name), and a commission from $20 per lot. Leverage is 1:3000, with a market execution from 0,3 second.

ECN account

Last but not least is an ECN account. It is the best choice for those who want to feel the full power of trading with ECN technologies. This account type allows buyers and sellers to trade without intermediates. Its main advantage is the fastest market execution, positive spread, and many liquidity providers. There is also no limit to the maximum number of orders, and all trading strategies are allowed.

Sometimes it is not that easy to understand which account is better for you. For this reason, we decided to compare the accounts which have many things in common but, at the same time, have significant differences.

Cent vs. Micro account

It may seem that the difference between micro and cent accounts is negligible. Although the initial deposit in both accounts is small – $1 in a cent account, and $5 in a micro, there are some meaningful differences. Firstly, a cent account offers users a floating spread from 1 pip when a micro account offers a fixed spread from 3 pips. Secondly, on a cent account, the leverage is up to 1:1000, but on a micro account, it is 1:3000.

Both accounts support all bonus programs and the following trading instruments: 35 currency pairs, 4 metals, 3 CFD.

Cent vs. Standard account

Cent and standard accounts are one of the most popular within traders. Let's see in detail what are the main differences and similarities between them.

The first noticeable difference is the initial deposit. You can open a cent account with $1 in your pocket. However, a standard account requires at least $100. Although both accounts have no commission for traders and the same number of maximum open positions and pending orders (200), a standard account offers leverage up to 1:3000. In contrast, a cent account offers only 1:1000. The spread is different, too: it's floating on both accounts, but on a standard account, it starts from 0,5 pip, and on a cent one – from 1 pip.

Standard vs. Zero spread account

First things first, we see a big difference in the initial deposits between those two accounts. You can open a standard account with a $100 deposit, but to open a zero spread account, you must deposit at least $500.

A zero spread account requires a commission from traders – from $20 per lot when a standard account has no commission. The leverage (1:3000) and the number of maximum open positions and pending orders (200) is the same at both accounts, but the spread is different: floating from 0.5 pip on a standard and fixed 0 pip on a zero spread account.

Zero spread vs. ECN account

These are the accounts with the biggest initial deposit – $500 on a zero spread account and $1000 on an ECN. Both accounts have a commission, fixed $6 on an ECN account, and from $20 per lot on a zero spread account. An ECN has the smallest leverage – 1:500, and a zero spread account has the biggest one – 1:3000. An ECN offers users no trading limits, but a zero spread account has a limit of 200 maximum open positions and pending orders. Finally, an ECN account – offers 25 currency pairs when a zero spread account provides 35.

At FBS, we know that one size never fits all. This is why we offer a variety of account types to meet the needs of individual traders. Join FBS, open an account, and enjoy the beautiful world of trading!

How many accounts can I open?

You can open up to 10 accounts of each type within one personal area if 2 conditions are accomplished:

Your personal area is verified;

The total deposit to all your accounts is $100 or more.

Otherwise, you can open only one account of each type (cent, micro, standard, zero spread, ECN).

CFD trading (indexes, stocks, commodities)

Which account to choose?

My hedged order triggered the margin call, why?

What is the leverage?

What are the advantages of 5-digit quotes?

What is spread?

How much do I need to start trading?

The "sell" and "buy" buttons are inactive. Why?

What are the margin call and stop out levels?

What is "lot"?

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

FBS spreads review - types and characteristics (2021)

If you have opened an FBS account, you will notice that all FBS account types feature some form of spread.

This is the major way in which the broker profits due to the commission-free trading nature of FBS.

On that note, we have compiled this comprehensive guide to bring you through every type of FBS spread. This includes what they mean and how much they are on each asset.

You can also see our FBS review for a full in depth look at the broker.

74-89% of retail CFD accounts lose money

Type of spreads with FBS

Here we will describe exactly the types of FBS spread which are implemented on each instrument and each of the FBS accounts which you may sign-up for.

Variable and fixed spread

Both the FBS fixed spread and FBS variable spread available are very competitive when compared with the industry average. This should give you a certain peace of mind for trading.

Spread on instruments

Spread on accounts

As mentioned, the spread may vary depending upon your FBS account type choice. Here are some of the main examples of how the spread impacts each account type.

Cent account

The FBS cent account spreads too are very competitive. If you are an EU trader you can rely on a floating spread which starts from 1 pip with no commission.

Similarly if you are a non-EU international trader, FBS spreads start on this account from a floating 1 pip and also with no commission as well as STP execution.

Standard account

Micro account

The FBS micro account it is important to mention first of all, is only available to those who are trading outside the EU on an international market account from FBS.Com.

Zero account

Many top brokers feature some form of zero account. FBS is no different. The FBS zero account also features a fixed spread which starts from 0 pips.

This is one of the few FBS accounts which does also charge a commission. This remains competitive at $20 per lot and is balanced by the proportionately lower spread.

The account also uses STP processing. The FBS zero account is only available to those trading on the international market side of FBS.

ECN account

Again the FBS ECN account is available only to those traders on the international markets side of the broker. With this account, spreads actually start from a highly competitive -1pips.

74-89% of retail CFD accounts lose money

FBS spread review on various assets

Now let’s take a more detailed look at what the FBS spreads are on each asset class so you can factor it into your trading decisions. Full details are also provided in the charts.

Forex

If there are commissions to be charged on a trade as you will see in the zero and ECN accounts, these are per lot and will be charged in your base currency.

The FBS micro account also has a comparatively high spread, particularly during the night. This is another thing to keep your eye on.

FBS.Eu	standard	cent
EURUSD	0.5	0.5
USDJPY	1.1	1.1
GBPUSD	0.6	0.6
EURGBP	2.1	2.1

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
EURUSD	0.8	0.8	3.0	0.00 + $20	-0.1
USDJPY	1.0	1.0	3.0	0.00 + $30	0.1
GBPUSD	0.7	0.7	3.0	0.00 + $30	0.2
EURGBP	1.0	1.0	3.0	0.00 + $30	0.4

Cryptocurrencies

Indices

FBS.Eu	standard	cent
NASDAQ	25 +$25/lot	25 +$25/lot

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US500	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a
NASDAQ	25 +$25/lot	25 +$15/lot	25 +$25/lot	25 +$25/lot	n/a

Stocks

FBS stick trading features selection of globally prominent stocks which can be traded. This form of trading is only made accessible again through standard or cent accounts.

FBS.Com	standard	cent	micro (fixed)	zero (fixed)	ECN
US stocks	$3.00	$3.00	n/a	n/a	n/a

Commodities

FBS.Eu	standard	cent
GOLD	10	10
US OIL	3.0 +$25/lot	3.0 +$25/lot
UK OIL	1.0 +$25/lot	1.0 +$25/lot

fbscom	standard	cent	micro (fixed)	zero (fixed)	ECN
GOLD	10	10	n/a	n/a	n/a
US OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a
UK OIL	2.0	2.0 +$15/lot	2.0 +$25/lot	2.0 +$25/lot	n/a

74-89% of retail CFD accounts lose money

FBS spread comparison with other major brokers

Comparing FBS with other top brokers in the industry is a natural way to conclude our information and hopefully it can help you make the right choice when choosing your broker.

If you are interested in scalping with FBS, you will also be glad to know that this activity is allowed by the broker too.

74-89% of retail CFD accounts lose money

FBS account types, features and openings (2021)

If you are considering opening an FBS account of any type then this is the right place for you.

Well, that is because we have uncovered all of the FBS account types available to you and also provided some detailed information about the features and benefits of each type.

This should ultimately help you make the best choices when going through the FBS account opening process.

Along with our FBS review, this will help to keep you fully informed.

Let’s get started with a detailed look at all of the FBS account types and what they have to offer.

74-89% of retail CFD accounts lose money

FBS account types for cysec – european market

Being regulated by cysec, FBS has the benefit of boasting top-flight regulation which is respected around the financial world. This brings which it certain slight differences between the FBS account types available to the european market, and others.

European market trading information

A total of 28 currency pairs are available to traders within FBS who are operating within european markets. These include all the major pairs you would expect, along with a range of others. Additionally, trading in 2 metals markets is available.

Within FBS EU, MT4 is the sole trading platform which is made available. Managed accounts like MAM and PAMM are also not made available to FBS european traders.

Overall, there is still a fantastic range of options for all european users to choose from when opening and FBS account.

Demo account

Your FBS demo account as a european user is available for a 90-day trial. After this period it does expire, but you are free to create another FBS demo account whenever you wish.

The FBS demo account is available for each account type available to FBS cysec traders. This means standard and micro demo accounts are available.

The FBS demo account features the exact same features and benefits as FBS live accounts. This allows you to completely replicate live trading conditions. There is also the possibility of slippage during busy market period or times of volatility.

Cent account

The FBS cent account is available to cysec users and great for those who wish to trade with smaller amounts but still experience the great features of an FBS live account.

On this account you can trade with cents (and sense). That makes for smaller volumes of trading and ultimately lower risks. With that said, an FBS leverage of 1:30 is still available.

The minimum deposit for an FBS cent account is low at just €10, the account features a 1 pip floating spread and offers commission-free trading.

Standard account

An FBS standard account is the option which many EU-based traders usually opt for. You can open your FBS standard account with a €100 deposit.

The FBS standard account also features a floating spread from 1 pip, a 1:30 leverage availability (the maximum FBS leverage permitted within europe due to regulation), and commission-free trading once again.

Islamic account

Having an FBS islamic account is a very important feature for those who wish to follow shariah law. This is something which FBS does provide for.

The FBS islamic account is available to holders of both the FBS cent account, and standard account traders.

Through the FBS islamic account, exotic forex pairs along with cfds are unavailable, although every other FBS account feature and market function is available through the account.

74-89% of retail CFD accounts lose money

FBS account types for IFSC – international market

Moving to the types of FBS accounts which are available to international users, there are a few more. These are still very well regulated by the IFSC for your protection as a trader.

International market trading information

Firstly, quite a few more account types markets are available through the FBS international account. These include a total of 35 currency pairs alongside 4 metals, 3 cfds, and 4 cryptocurrencies.

Also available are more trading platforms in the form of MT4 with multiterminal compatibility, MT5 where both MAM and PAMM accounts are available for use, and the proprietary FBS trader platform.

A VPS (virtual private server) is also available for use if needed where you meet the FBS requirements.

Demo account

An FBS demo account is of course available for international traders. This demo account differs slightly in that it is available for a 45-day trial period. You can then create a new demo account after these 45 days.

Again this FBS demo account has many of the same benefits as an FBS live account and there is no limit to the accounts which you can open with every type made available. As with the EU demo account, slippage may occur during busy markets periods.

Cent account

An FBS cent account is available for international users. Similar to the FBS european cent account, a very minimal deposit of $1 is required. This account also features a floating spread from 1 pip and is commission-free.

Trading through this account is done using the STP method, and it is a great way to get started in learning to trade with FBS.

Standard account

The FBS standard account which is made available to international traders features a $100 minimum deposit. This account has spreads which are floating and start from 0.5 pips.

The STP processing method is also used here, and you can avail of commission-free trading as standard and an impressive maximum FBS leverage of up to 1:3000.

Micro account

An FBS micro account is available if desired to FBS international traders. This account is something of a meeting between the FBS cent account and a standard account. The FBS minimum deposit is $5 here, and a fixed spread starting from 3 pips is implemented.

This account also provides for a maximum FBS leverage of 1:3000, and commission-free trading with the STP processing method being used.

Zero account

The FBS zero account provides for a great fixed spread from 0 pips to the FBS traders who are based outside europe. This also comes along with extensive leverage of up to 1:3000.

The STP processing method is used to make sure of the best possible trade, and a commission of $20 per lot is charged. The FBS minimum deposit for opening a zero account is $500.

ECN account

An FBS ECN account is available. This requires a $1000 minimum deposit and holders can benefit from leverage of up to 1:500.

The FBS ECN account commission is $6 and the spreads start from -1 pips. This account type offers just forex currency pairs trading.

Islamic account

As with the FBS EU based traders, international traders can also benefit from the availability of an FBS islamic account. This is available with every account type offered and the only exceptions in terms of market availability are that exotic forex trading and cfds are unavailable.

FBS secondary accounts

FBS secondary accounts are limited if you are a european trader based under cysec. The options here do not really extend beyond the standard and micro accounts mentioned.

As you can see from the categories above though, you have lots of choice if you are using the international side of FBS. You will also be able to open a copy trading account if you wish. You can use this account to either copy trades or provide your own signals.

FBS copytrading is available through standard and micro accounts of international IFSC-based traders only. FBS copytraders are also known as investors; therefore, you could also term this as a type of FBS investor account.

74-89% of retail CFD accounts lose money

FBS live account openings

Now that you have hopefully chosen your account type, let’s move to highlighting some of the finer points and features which you may wish to know about when operating an FBS account.

Account opening

FBS account opening should be a relatively easy process which you are guided through in a few simple steps. You should first visit the FBS homepage of your jurisdiction and from there you will be guided through the registration process step by step to get your FBS live account up and running.

Account verification

FBS verification is another required step in the process of trading with your FBS live account. This can be completed online as long as you have a few basic documents to hand. These include a proof of you identity document and also a proof of your residence.

Account currency

FBS account currency is available as euro only for those based in europe. If you are utilizing the international FBS though you will also have the option of a USD base currency.

It should be remembered that other currencies can be used but these will then have to be converted into USD or EUR depending on your location. Any conversion fee which you incur will depend on your payment method.

For those based in south africa, the ZAR is not available as an FBS base currency.

Minimum deposit

The FBS minimum deposit is as shown above and varies depending on your location. For those based in europe, this means it is either €10 or €100. If you are using the international FBS regulation, the minimum deposit can be anywhere between $1-$1000 depending on account type.

Account funding

As mentioned, you FBS account funding from europe can be completed in euro currency only.

If you are holding an international account, you can fund with any but this will be converted to USD or EUR and you may be charged a fee depending on your payment method.

On special case is if you are indonesian. In this case you can activate a fix-rate currency exchange of 1 USD – 10,000 IDR (indonesian rupiah) for your account funding. Once this is activated, you cannot go back.

Deposit

For FBS deposits from europe, these are typically fee-free. They are also usually instant when we consider the time it takes to deposit. The exception is bank transfers which may charge a small fee and take 3-4 days for processing.

International account deposits are also usually fee-free. Sticpay and perfectmoney do charge a fee, although every FBS deposit method offered here can be instant in nature.

Withdrawal

FBS withdrawal methods within europe are typically fee-free. These are usually also processed in the same business day. Bank transfers may apply some fees and usually take 48 hours to process.

If you are holding an international FBS account, the withdrawals are also usually charging no fee and processed within 15-20 minutes. Some fees may be charged depending on the method. Bitwallet withdrawals are completely instant.

Bonuses, promotions, contests and special services

FBS offers a wide range of bonuses, special events, and contests which rival many top forex brokers. Unfortunately, due to regulation and ESMA in particular, european users cannot avail of any FBS bonus offers.

As an international account holder though, there are many available. Anyone looking for the FBS 123 bonus and FBS 50 bonus will find these have expired but there are still many great offers to select from.

These include a 100% deposit bonus. A no deposit bonus of $100 may also be available though this can only be withdrawn once you have met certain trading requirements.

The partner IB account program also allows for money to be earned through referring new users and there is a generous FBS loyalty program.

When it comes to other offers and contests, FBS pro allows for a demo account contest where you receive a $10,000 demo account and 1:100 leverage. After 2 weeks of trading with this account, the top earners receive a prize of up to $450.

There are also cashback offers of up to $15 per lot traded, and regular chances to win cars and holidays as well as special FBS ramadan events. This ramadan event in 2019 resulted in the donation to charity of accumulated spreads and IB commissions for the period.

74-89% of retail CFD accounts lose money

FBS account management

The final area to take a look at is some issues which may pop up as you are running your FBS account. These are things which you may wish to know more about how to deal with if they do come up.

Account expiring and reactivation

This area of FBS account expiration is something which differs slightly between europe and the international accounts.

Within both europe and international, your demo account does not expiry through inactivity, though they do have time limited trial periods as you can see above. Once this has happened, they can be reactivated simply by opening another demo account.

On the issue of your FBS live account, in europe this would be disabled after 180-days of inactivity. It can be reactivated through contact with FBS and if it remains inactive, the broker will charge a €10 fee per year. If the account balance is insufficient to cover the fee, the account will be closed and the owner notified.

On the international side, live accounts are disabled after 90-days of inactivity. No inactivity fee is imposed, and again if you wish to reactivate, you should simply contact FBS.

Invalid account error

If you are receiving this error, it may be due to having your username or password incorrect. If this is the reason, you should check them remembering they are case sensitive, along with the server you are using.

Close account

In rare cases, you may wish to close your FBS account. To begin the FBS close account procedure on a europe-based account, simply contact FBS for assistance.

On your international account, it cannot be immediately deleted. The best way is to simply leave your account inactive for 90-days after which it will be disabled.

74-89% of retail CFD accounts lose money

FBS live account opening – step by step tutorial and review (2021)

So, you have decided to take the next step in your trading career and open an FBS live account?

As we know that this can be a big moment for you personally and in terms of your trading future, we have decided to help you get started as much as possible.

That is why we have developed FBS live account opening tutorial. It will help you navigate some of the choices you have to make for opening your live account, and choosing one of the many FBS account types available.

Let’s get right to it. Here is our FBS live account tutorial:

74-89% of retail CFD accounts lose money

FBS live account review – things to consider first

Before getting started on anything, there are always a few points to consider. Thinking of these things ahead of the FBS account opening process is simply the best practice to make sure that everything runs as smoothly as possible.

Consider opening a FBS demo account first

An FBS demo account really is the best way to get to know your trading environment better without taking any risk with your funds.

The FBS demo account perfectly replicates the live trading environment and provides the same account selection with all of the same excellent features.

FBS demo account opening absolutely is one of the best ways to hone your trading skills and knowledge prior to progressing through to an FBS live account. It is definitely a path which you should consider.

Things you should prepare before opening a FBS live account

As with any of the best forex brokers, FBS is well regulated. This comes in the form of both cysec and IFSC regulation which helps to cover and protect all traders.

Part of that regulation and a positive mark for the transparency of FBS broker operations is that you do require a couple of documents in order to fully open and verify your account. Preparing these in advance can save you a lot of time.

You will need the following:

Proof of ID documentation (valid passport or driver’s license would be perfect)

Proof of residence documentation (dated utility bill or bank statement less than three-months old would be perfect)

A valid bank card (pictures of front and back required)

Your national client identifier number

With these documents prepared, you are in a great position to start the FBS live account opening process.

Where is FBS available?

FBS are a major forex broker and typically available in most countries around the world. There are a few exceptions to this, and so., FBS broker is not available in the following places:

Canada

Japan

Myanmar

Brazil

Malaysia

Israel

Iran

Traders located in any other country can trade freely with FBS.

European and international market

Depending on your location, you will notice some differences in the services offered by FBS. This is because the company operates under two different areas. One of these being cysec regulated for european traders, and the other being IFSC regulation for international traders.

The availability of services from FBS live accounts are not specifically determined by the prohibition of cysec regulation (except in the case of bonuses and leverage), but simply because FBS has yet to implement its full range of options in both areas. This is something which they are working hard on and hope to have available very soon.

Base currencies

The base currencies available through your FBS live account will differ slightly depending upon if you are european or international based.

In the european case, you can only use euro as your base currency. It is not possible to convert other currencies.

As an international trader using the IFSC account, you can have euro or US dollar as your base currency. You can also convert other currencies (with a fee) to one of these two.

If you are wondering about ZAR for FBS south africa traders, you cannot trade directly in ZAR, but you can convert it to either USD or EUR.

Looking for an account suited for indonesia?

If you are indonesian, then FBS indonesian account option is perfect for you. You must be indonesian and living there to use this option and it allows you a fix-rate currency exchange of 1 USD-1,000 IDR for trading.

This option cannot be changed once activated.

74-89% of retail CFD accounts lose money

FBS live account opening tutorial

Now that we have cleared some initial starting points, let’s get down to business with the FBS live account opening tutorial:

Step 1 – completing your personal information

The very first step in the FBS account opening process which you will need to undertake is to head on over to the FBS homepage for your jurisdiction (.Eu for europe, .Com for international). Once you have done this, just click on “open account”. The first image is for the EU site:

And click here for the international site as shown:

Step 2 – registration and confirming your email

The very next thing you will do no matter where you are based is to complete a very simple registration form as shown below. This includes just your full name and email address. Make sure you can verify he email address which you enter.

European trader

If you are an european trader, your next stop will be to verify the email address you just entered. You should have received an email like the one below. Simply click the confirmation link and head back to log in to your account and complete the next step.

International trader

You can simply proceed directly to the next step.

74-89% of retail CFD accounts lose money

Step 3- completing your FBS live account profile

The next step in the FBS live account creation process is to complete your live account profile. This is really only required in detail for european traders. If you are an international trader, it is not mandated for you to complete an in-depth personal profile and it is likely you can skip straight to choosing your trading platform and uploading your verification documents as outlined in the next steps.

For a european-based trader, the process of completing your live account profile is a three-step one. Having confirmed your email address and logged in to your FBS live account for the first time, you will be presented with the option to “take survey”. This is your live account profile and has to be completed.

The first stage details your personal information a little more depth, including your address and telephone number as shown below. This number will also need to be verified.

The second and third stages of your live account profile completion detail around 10-15 questions related to your employment, trading experience, and a few simple quiz style questions related to trading. This all helps the broker both tailor services to best suit you, and comply with regulation. The images are shared below of each step for your reference.

Step 4 – choose your trading platform

With your live account profile completed you can move straight to selecting your trading platform. You will see this option on the left side of your account dashboard. Just click on “trading platform” and you will be met with the following screen:

Here you can choose your favored platform and proceed to download it, logging in with the details you will have already received on account creation.

74-89% of retail CFD accounts lose money

Step 5 – uploading your documents to verify your FBS live account

One of the last steps in the FBS live account opening process, and perhaps one of the most daunting for people even though it is relatively simple, is uploading your verification documents. Again we will branch into two sections to go through this one.

European trader

As a european trader once you click the verification button, you will see a screen as below with three separate tabs detailing documents to be uploaded. These are your ID proof, residence proof, and bank card images. Complete one section upload before moving to the next.

The ID and residence documents are as mentioned above, with your passport and a utility bill being the best choice. Ensure to follow the quality rules listed too!

For your bank card, a picture of the front and back will also be required. This helps develop an extra layer of security.

International trader

As an international trader, clicking the verification button will bring up the same screen, but with only one document required. That is your ID proof such as your passport.

Once the documents are uploaded, you are very close to the finish line.

Step 6 – verification pending: your FBS live account is almost ready

Once your documents have been submitted, they will be checked by the FBS live account team. This should take no more than 24 hours in the majority of cases.

Once this is done, you are ready to rock!

Time to start trading on your new FBS live account.

Verifying your FBS live account faster

FBS verification should actually be quite a fast process anyway. With that said, there are always a couple of things you can do to try and speed things along. These include the following:

Make sure all your documents are valid and in-date.

Use your passport if possible

Take clear pictures and make sure the issue date is shown on your residence documents.

Ensure that these residence documents have been issued in the last 3 months where possible.

Check above for documents to prepare before starting to make sure you have everything ready.

74-89% of retail CFD accounts lose money

Our opinions on FBS live account

Finally, now that we have hopefully helped you get your FBS live account up and running. Here is our opinion on some of the features and why you might want to trade with FBS.

Advantages of live trading at FBS

There are many great advantages to be had from trading with FBS. This applies whether you are EU or international based.

The european side is catching up fast and still offers an excellent range of markets and with all of the security and transparency which cysec regulation provides.

As an international trader there are two particularly great points. One is the huge range of bonuses you can access. These even include winning real life prizes like cars, vacations, and rolex watches. Amazing stuff!

The second top benefit is the access to truly massive leverage (1:3000 in many markets). This really can help provide a springboard for you to launch your trading career.

Highlights of FBS as a broker

FBS are well known in the industry as a top forex broker so there are many highlights which we could mention in this regard. Two that particularly stand out in our opinion though are the following:

FBS as a broker have worked really hard to provide the most accessible and yet one of the safest and best regulated brokers in the sector. This is exemplified with their provision of both cysec and IFSC regulation.

The educational infrastructure provided by FBS is top-notch. This is an important aspect of the best forex brokers which can really help you to excel in your trading career.

74-89% of retail CFD accounts lose money

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