FBS – Fees and Spreads

FBS – Fees and Spreads

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FBS - Fees & Spreads

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

PROS CONS
Several flexible account types are offered Inactivity fees are charged on dormant accounts
Competitive trading conditions are offered Spreads are not the tightest on the Cent Account
There is a choice between powerful trading platforms The demo account is not available for an unlimited time
Reliable funding options are supported
Demo account and Islamic account option offered

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

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.