FBS – Minimum Deposit

FBS – Minimum Deposit

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FBS - Minimum Deposit

 

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

$140 (Find out More)

🏛️ Visit Broker

FBS

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 Minimum Deposit Revealed:

 

Minimum Deposit

FBS has a minimum deposit requirement of $1.

 

When traders register a live trading account with FBS, they can expect a minimum deposit that starts from 1 USD or 15 ZAR at the average exchange rate between the United States Dollar and the South African Rand.

 

FBS is a multi-regulated and reputable Broker that offers some of the best client fund security by keeping client funds in segregated accounts with top tier brokers. These funds are held separately from the broker account, and they are not used for anything except for trading activities.

 

Traders have access to their funds for withdrawal at any given time without any hassles. Strict regulation also means that FBS offers a safe, fair, and transparent trading environment for all traders.

 

Deposit fees and deposit methods

FBS charges deposit fees when traders use Sticpay to deposit the minimum amount. With Sticpay, traders are subject to commissions of 2.5% and an additional $0.3 commission. Traders can use any of the following deposit methods when they fund their trading account:

  • Credit/Debit Card
  • Neteller
  • Sticpay
  • Skrill
  • Perfect Money
  • Local exchanges

 

When traders deposit the minimum deposit, they can use the following deposit currencies:

  • USD
  • EUR

 

Step by step guide to depositing the minimum amount

Once traders have verified their live trading account, they can deposit their initial funds by following these steps:

 

  • Select ‘deposit’ from the ‘Finances’ section in the client portal.
  • Choose the preferred method of payment and select ‘deposit’.
  • Select the trading account that traders wish to fund, should they have more than one, and enter the amount they wish to deposit.
  • Confirm the deposits on the next page to finalise the deposit.

 

When depositing funds, traders must ensure that they use a bank account with a name that is the same as the name that traders used when they registered for their FBS live trading account. FBS prohibits third-party payments and payments from unknown sources.

 

If funds are received from suspicious or unknown accounts, they will be returned, and traders may be held liable for any processing fees on such transactions. These requirements form part of strict Anti-Money Laundering policies that FBS follows.

 

Pros and Cons

PROS CONS
The minimum deposit amount starts from $1 Currency conversion fees may apply
Variety of reliable payment methods offered Only USD and EUR accepted as deposit currencies

 

You might also like: FBS Account Types

You might also like: FBS Demo Account

You might also like: FBS Fees and Spreads

You might also like: FBS Islamic Account

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

$140 (Find out More)

🏛️ Visit Broker

FBS

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

What is the minimum deposit required to open an account with FBS?

$1.

 

How do you make a deposit and withdraw money with FBS?

  • Credit/Debit Card
  • Neteller
  • Sticpay
  • Skrill
  • Perfect Money
  • Local exchanges

 

Does FBS charge withdrawal fees?

Yes, FBS charges the following withdrawal fees according to certain payment methods:

  • 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

 

How long does it take to make a withdrawal?

This will depend on the payment method that the trader uses. Payments may reflect instantly, or they could take several days.