Fbs account type

First, it's really important to remember that becoming a successful trader isn't an overnight process.

No deposit forex bonuses

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. Beginner forex book will guide you through the world of trading.

Trading

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Account comparsion

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.

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.

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.

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.

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.

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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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Account types

In the tab “trading” you can see the list of accounts available for FBS clients…

In the tab “trading” you can see the list of accounts available for FBS clients. Click “trading accounts” to get an overview and compare account types offered by FBS.

Cent account is a great option for forex beginners and those who want to test a new strategy. $1 is a recommended deposit to start trading.

Order volume may vary from 0.01 to 1000 cent lots.

The leverage is up to 1:1000, that means that you can control $10 while having just 1 cent. You can enjoy a floating spread from 1 pip.

Micro account. The recommended initial deposit is $5. The leverage is up to 1:3000. Zero commission is one of the greatest features of this account. Order volume is from 0.01 to 500 lots.

The next type is a standard account. It is a popular account type with optimal conditions for traders who know what they want.

The recommended deposit to start trading equals to $100 and the spread is floating from 0,5 pip. The leverage you can use increases to 1:3000.

Zero spread account suits those who can’t or wouldn’t like to pay spread. Instead, these traders pay commission from $20 for a lot. The leverage is the same as for the standard and micro accounts.

Recommended initial deposit for this account type is $500.

Finally, ECN account. Here we recommend you to start trading with an initial deposit of $1000. The leverage is up to 1:500. Commission of $6 for a lot is accompanied by floating spread from -1 pip.

If you have any questions left about FBS account types, please ask a staff member via the chat. Thank you.

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.

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.

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.

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.

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 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.

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

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

FBS broker account types – which one is the best?

FBS broker account types are surely commendable. We must note and commend the fact that FBS features an interesting and feature-rich array of accounts that traders can go for. The account you go for will be determined by several factors including the minimum deposit you can put up. Those accounts are outlined below alongside their features.

In this article, we will compare the features of different trading accounts. Which one is the best trading account for you? – find out in the following sections.

FBS broker trading accounts

The FBS broker offers the following account types:

Cent account

Micro account

Standard account

Zero spread account

ECN account

(risk warning: your capital can be at risk)

Cent account

The 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 it 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. The cent account offers you to trade with smaller positions. If you depositing $ 10 in your cent account you will get a value of 1,000 in your account. The position sizes are x100 smaller. So you can open positions with very small amounts of capital.

Minimum deposit $ 1

STP execution

Floating spreads from 1 pip in forex

No commissions

Leverage up to 1:1000

Smaller position sizes x100.

Best for trading with small amounts of money

Micro account

An FBS micro account is available 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.

Minimum deposit $ 5

STP execution

Fixed spread from 3 pips

No commissions

Leverage up to 1:3000

Best for news trading with high volatility

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 which start from 0.5 pips. The STP processing method is also used here, and you can avail of commission-free trading as the standard and an impressive maximum FBS leverage of up to 1:3000.

Minimum deposit $ 100

STP execution

Floating spread from 0.5 pips

No commission

Leverage up to 1:3000

Average trading account

Zero spread account

The FBS zero account provides for a great fixed spread from 0 pip 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. However, to have access, the FBS minimum deposit for opening a zero account is $500.

Minimum deposit $ 500

STP execution

Fixed spreads from 0.0 pips

Commission from $20/1 lot trade

Leverage up to 1:3000

Best for news trading

ECN account

An FBS ECN account is also available. This requires a $1000 minimum deposit and holders can benefit from the leverage of up to 1:500. The FBS ECN account commission is $6 and the spreads start from -1 pip. This account type offers just forex currency pairs trading. There are other special accounts made available to traders, including:

Minimum deposit $ 1000

ECN execution

Floating spread from -1 pip

$ 6 commission per 1 lot trade

Leverage up to 1:500

Overall the best trading account and the cheapest

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.

The best FBS trading account

Overall, we can say the ECN account is the best trading account which is offered by FBS. You will pay fewer fees and get a better execution for your traders. The disadvantage is that you will need $ 1,000 for the deposit. So you should think about it how much money you will invest.

For news trading, you should use a fixed spread account or zero spread account because the spreads can be very high with a floating spread account when you trade the news and there is high volatility. So in the end the account type is depending on your trading strategy.

(risk warning: your capital can be at risk)

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 choices 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.

How to open an FBS account

The process of opening an account at FBS is simple.

Visit the website fbs.Com.

Click the “open an account” button in the top right corner of the website. You’ll need to go through the registration procedure and get a personal area.

FBS trading account registration

You can register via a social network or enter the data required for account registration manually. Firstly, you will need to choose an account type. FBS offers a variety of account types as you can see above.

If you are a newbie, you should choose cent or micro account to trade with smaller amounts of money as you get to know the market. If you already have forex trading experience, you might want to choose a standard, zero spread, or unlimited account.

To find out more about the account types, check the “trading” section of the FBS website.

Next, you have to set the currency of your account and fill in your full name, email, and mobile number.

Have a look at FBS customer agreement. Make sure that you read through it carefully so that you are not surprised by some things in the future.

When you read all the information, click that you accept the customer agreement and then press the “open an account” button.

Your registration is finished. The system has generated for you a temporary password. We strongly recommend you to change it and create your own password.

Type in the new password and press “save password.” you will see your account information. Make sure you carefully save your passwords and keep them in a safe place.

Note that you will need to enter your account number, trading password, and trading server to metatrader 4 to start trading.

Check your email. There will be a registration email. Follow the link in this letter in order to confirm your email address and complete the registration.

To be able to withdraw money from your account, you need to verify your profile, as you will see below. Now that you have a personal area at FBS, you will be able to open more trading accounts anytime you like.

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 proof of your identity document and also proof of your residence. Typical documents that work well include a driver’s license, national identity card, voter’s card, international passport, and others.

Account currency

FBS account currency is available as euro only for those based in europe. If you are using the international FBS, however, you will have the option of a USD base currency. Other currencies can be used but they will have to be converted into USD or EUR depending on your location. Any conversion fee which you incur will depend on your payment method.

Minimum deposit

The FBS minimum deposit 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 and $1000 depending on account type – as we see above.

Account funding

As mentioned, your 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.

Deposit method

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. Some wallets and processors do charge a fee, although every FBS deposit method offered here can be instant in nature.

Withdrawal method

FBS withdrawal methods within europe are typically fee-free. These are usually also processed on 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.

Bonuses and promotional offers

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, however, 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 holiday trips.

Conclusion on the FBS account types

FBS offers a wide range of accounts to customers and FBS account types are a topic that should be addressed. This piece properly examines that. Overall, the ECN account is the best trading account of FBS. Fixed or zero spread account should be used for news trading.

(risk warning: your capital can be at risk)

FBS accounts review

FBS account types

FBS broker is opened for all the participants, from newbie traders to participants with extensive experience on forex market. Trader can choose one or several suggested account types for trading depending on his knowledge, experience and trading style.

Cent account

FBS minimum deposit (initial deposit)	1$
spread	floating spread from 1 pip
commission	0$
leverage	up to 1:1000
maximum open positions and pending orders	200
order volume	from 0,01 to 1000 cent lots (with step 0,01)
market execution	from 0,3 sec, STP

This FBS account type is good for newbie traders. If the trader has small deposit this account type fits well also, because the lot size of the orders can be smaller in 100 times than on ordinary trading account.

It gives a real trading experience on a real account with minimal risk. The risk is less in 100 times than on a standard dollar account. This account can start with FBS minimum deposit — $ 1.

All trading strategies are allowed. EA trading is allowed also.

Also this account allows to receive rebate up to 9 usd per 1 lot from FBS rebate service. Here you can find more information about it.

Standard account

FBS minimum deposit (initial deposit)	100$
spread	floating spread from 0,5 pip
commission	0$
leverage	up to 1:3000
maximum open positions and pending orders	200
order volume	from 0,01 to 500 lots (with 0,01 step)
market execution	from 0,3 sec, STP

The standard account is perfect for traders who have passed the development stage and who are testing their trading strategies. It is good for experienced traders. The reduced spread helps traders to maximize the profits.

All trading strategies are allowed. EA trading is allowed also.

Also this account allows to receive rebate up to 9 usd per 1 lot from FBS rebate service. Here you can find more information about it.

Zero spread account

FBS minimum deposit (initial deposit)	500$
spread	fixed spread 0 pip
commission	from $20/lot
leverage	up to 1:3000
maximum open positions and pending orders	200
order volume	from 0,01 to 500 lots (with 0,01 step)
market execution	from 0,3 sec, STP

Designed for those who prefer trading at the fastest speed.

This type of FBS account allows traders to make non-spread transactions. Zero spread is valid for all currency pairs. This account has no spread, only commission is charged for each transaction.

All trading strategies are allowed. EA trading is allowed also.

Also this account allows to receive rebate up to 9 usd per 1 lot from FBS rebate service. Here you can find more information about it.

ECN account

FBS minimum deposit (initial deposit)	1000$
spread	floating spread from -1 pip
commission	6$
leverage	up to 1:500
maximum open positions and pending orders	no trading limits
order volume	from 0,1 to 500 lots (with 0,1 step)
market execution	ECN

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

This FBS account type allows buyers and sellers to trade without intermediates. The main advantage of this account is the fastest market execution, positive spread and a large number of liquidity providers.

There is no limit to the maximum number of orders on this type of account.

All trading strategies are allowed. EA trading is allowed also.

Account types in FBS

In the tab “trading” you can see the list of accounts available for FBS clients. Click “trading accounts” to get an overview and compare account types offered by FBS.

Cent account is a great option for forex beginners and those who want to test a new strategy. $1 is a recommended deposit to start trading.

Order volume may vary from 0.01 to 1000 cent lots.

The leverage is up to 1:1000, that means that you can control $10 while having just 1 cent. You can enjoy a floating spread from 1 pip.

Micro account. The recommended initial deposit is $5. The leverage is up to 1:3000. Zero commission is one of the greatest features of this account. Order volume is from 0.01 to 500 lots.

The next type is a standard account. It is a popular account type with optimal conditions for traders who know what they want.

The recommended deposit to start trading equals to $100 and the spread is floating from 0,5 pip. The leverage you can use increases to 1:3000.

Recommended initial deposit for this account type is $500.

If you have any questions left about FBS account types, please ask a staff member via the chat. Thank you.

So, let's see, what we have: check out the best conditions FBS offers for trading currencies cfds, stocks, and metals. Learn about account types, available trading instruments, payment systems for deposits and withdrawals. At fbs account type