Over 16 000 000+ Traders
Overall Rating
4.7/5
Rated #71 of
Recommended FX Brokers
Minimum Deposit
USD 1
Regulators
IFSC, FSCA (south africa), ASIC, CySEC
📱 Trading Desk
MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading pltform, CopyTrade
₿ Crypto
Yes
📈 Total Pairs
35
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
instant
Welcome bonus
🏛️ Visit Broker
FBS has launched a new type of account specifically for trading cryptocurrencies.
The new Crypto account has over 100 instruments with digital currencies.
BTC, LTC, and ETH are just some of the instruments that will be available for trading against other cryptocurrencies or against more traditional currencies, commodities, and other instruments.
- – Currency: USDT (Tether)
- – Leverage: 1:5
- – Initial deposit: from $1
- – Commission on opening positions: 0.05%
- – Commission on closing positions: 0.05%
Our FBS Fees and Spreads Revealed.
Fees and Spreads
The spread list that FBS offers starts from 0.0 pips on EUR/USD.
The spreads that traders can expect from FBS will depend on the type of account. FBS offers fixed and variable spread accounts, each with unique spreads that cater for different trading styles. The typical spread list that traders can expect is as follows.
- Standard Account – Floating spreads from 0.5 pips
- Cent Account – Floating spreads from 1 pip
- Micro Account – Fixed spreads from 3 pips
- Zero Spread Account – Fixed spreads of 0.0 pips
- ECN Account – Floating spreads from 1 pip
- Crypto Account – Floating spreads from 1 pip
Commissions charged by FBS are applied to the following account types.
- Zero Spread Account – $20 per lot
- ECN Account – from $6
- Crypto Account – 0.05% on opening trades and 0.05% on closing trades
Additional Trading Fees
Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position.
FBS has transparent fee schedules that indicate exactly how much traders can expect to pay when they register a trading account. Some typical swap fees charged by FBS include the following.
- EUR/USD with a short swap of -0.69 and a long swap of -6.37
- GBP/USD with a short swap of -3.87 and a long swap of -4.35
- XAG/USD with a short swap of -1.24 and a long swap of -1.77
- AU200 with a short swap of -42.46 and a long swap of -42.69
FBS offers Muslim traders who follow Sharia law the option of registering for a live trading account that can be converted to an Islamic Account. All account types except the ECN and Crypto account can be converted to an Islamic option, exempting traders from paying/earning interest that is prohibited by their faith.
FBS is not a spread betting broker which means that the spread betting fee will not apply.
Broker Fees
FBS charges deposit fees on Sticpay when traders fund their accounts using this payment method. Traders can expect to pay commissions of 2.5% in addition to another $0.3 commission when they use Sticpay. The Withdrawal fees that FBS charges are as follows according to the payment method chosen.
- Credit/Debit Card – $1 commission
- Neteller – 2% with a minimum commission of $1 and a maximum of $30
- Sticpay – 2.5% along with a commission of $0.30
- Skrill – 1% along with a $0.32 commission
- Perfect Money – 0.50% commission
In addition to these fees, FBS also charges inactivity fees on dormant accounts. Apart from these broker fees, there are no additional fees indicated. However, conditions can vary and change, and traders are urged to verify all trading and non-trading broker fees before they register an account.
Pros and Cons
You might also like: FBS Account Types
You might also like: FBS Demo Account
You might also like: FBS Islamic Account
You might also like: FBS Minimum Deposit
You might also like: FBS Sign up Bonus
Over 16 000 000+ Traders
Overall Rating
4.7/5
Rated #71 of
Recommended FX Brokers
Minimum Deposit
USD 1
Regulators
IFSC, FSCA (south africa), ASIC, CySEC
📱 Trading Desk
MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading pltform, CopyTrade
₿ Crypto
Yes
📈 Total Pairs
35
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
instant
Welcome bonus
🏛️ Visit Broker
FBS has launched a new type of account specifically for trading cryptocurrencies.
The new Crypto account has over 100 instruments with digital currencies.
BTC, LTC, and ETH are just some of the instruments that will be available for trading against other cryptocurrencies or against more traditional currencies, commodities, and other instruments.
- – Currency: USDT (Tether)
- – Leverage: 1:5
- – Initial deposit: from $1
- – Commission on opening positions: 0.05%
- – Commission on closing positions: 0.05%
FAQ
How many instruments can I trade with FBS?
You can trade any of the following instruments.
- Forex
- Metals
- Indices
- Energies
- CFDs
- Stocks
- Forex Exotic
- Cryptocurrencies
Which platforms are supported by FBS?
FBS only supports the use of the following.
- MetaTrader 4
- MetaTrader 5
- FBS Trader
Does FBS offer leverage?
Yes, FBS offers flexible leverage up to a maximum ratio of 1:3000.
What spreads can I expect with FBS?
You can expect spreads that start from 0.0 pips on the Zero Spread Account.
Does FBS charge commission?
Yes, FBS charges the following commissions.
- Zero Spread Account – $20 per lot
- ECN Account – from $6
- Crypto Account – 0.05% on opening trades and 0.05% on closing trades
Are there additional charges on the Islamic account?
No, there are no additional charges indicated on the Islamic Account.
Is FBS regulated?
Yes, FBS is regulated and authorized by IFSC and CySEC.
Is FBS a recommended forex trading broker for experts and beginners?
Yes, FBS offers the perfect trading environment for both experts and beginners.
What is the overall rating out of 10 for FBS?
9/10.
