FBS Account Types and Features

FBS offers a selection of accounts tailored to different trading styles and needs. Some are commission-free, allow EAs, and don't requote trades.

Some accounts require only a minimal deposit, while others require larger ones. Traders should select the account that best fits their financial situation and trading goals.

Demo Account

FBS provides a demo account that allows traders to experiment with various trading strategies without risking their real money. This makes it an ideal starting point for those new to forex trading and CFDs.

To open an FBS demo account, all that's required is your email address and proof of ID. With these documents in hand, you can begin testing out new trading strategies in real-time market conditions.

Once your FBS demo account is opened, the option to switch it into a live one will be presented to you. Furthermore, you'll be given virtual funds with which you can practice trading using real-time market data.

FBS also provides a number of tools and strategies that can assist you in learning the fundamentals of forex trading, such as charts, indicators, and trading tools.

Furthermore, the FBS Demo Account is free to use. With it, you can practice trading in the real market and potentially earn profits.

With the demo account, you can trade currencies and metals with various leverage ratios. For instance, you can use 1:200 for metals trading and 1:500 for currency trading.

The FBS Demo Account is an ideal way to test out your trading strategies without risking any money. You can even experiment with automated programs like robots or expert advisors on this account if desired. With up to 90 days of free use, you'll gain insight into how the market operates and the trading platform functions before investing any funds.

Standard Account

FBS offers a selection of trading accounts tailored to different types of traders. For instance, the Standard Account is ideal for beginners who want to experiment with their strategies without risking any money.

This type of account is free from commissions and allows its holders to have up to 200 open positions and pending orders. Furthermore, it offers a floating spread from 1 pip and leverage up to 1:3000.

It is an ideal option for both new and experienced traders alike, as it teaches the fundamentals of Forex trading before entering a more competitive environment. Furthermore, it helps them determine which account best suits their trading style.

This account is exclusive to international traders and requires a minimum deposit of $100. It offers an attractive floating spread starting at 0.5 pips, as well as STP execution.

This account offers typically low spreads that may vary according to market conditions. The maximum FBS leverage available is 1:3000, and order volume on this account ranges from 0.1 to 1000 cent lots.

FBS provides a comprehensive support network, including phone and live chat. The company's agents answered inquiries promptly and with grace; they even followed up on emails quickly and efficiently.

Cent Account

Cent Accounts offer a low-risk trading environment that is ideal for new traders. Furthermore, these accounts can also be beneficial to experienced investors who wish to test out their strategies without risking too much money.

On the FBS platform, traders can open an account and trade 35 currency pairs, metals, indices, and stocks with a minimum initial deposit of just $1. This account type is perfect for beginners on a tight budget as it requires only an initial deposit of $1 to get started.

A major benefit of the FBS Cent Account is that there is no commission charge and leverage can reach up to 1:1000. Plus, it has floating spreads starting at 1 pip and supports MetaTrader 4 trading platform.

If you're new to trading, the FBS Cent Account is an ideal starting point as it teaches you about the market and gives you strategies that work. Furthermore, this type of account works great for budget-minded traders because it allows for smaller lots sizes.

The FBS Cent Account is one of six account types designed to meet the demands and goals of different traders. It utilizes cent lots, which are 100 times smaller than standard lots.

Micro Account

Micro accounts are ideal for retail traders who want to begin trading forex with a smaller investment. They allow traders to experiment with different brokers and reduce their risk. The minimum deposit usually requires only a minimal of $25, and the trading platform supports multiple markets (over 60 assets in total).

FBS Micro Accounts offer the perfect starting point for forex traders to get into trading without taking major risks. With contract sizes starting at 1,000 lots - significantly smaller than the standard lot size of 100,000 units - and the option to trade in small increments such as 0.1 micro-lots, you have even more flexibility.

This account is accessible on MetaTrader 4 and MetaTrader 5, as well as through a web version. It offers a fixed spread from 3 pips with leverage up to 1:3000, plus support for several trading instruments.

FBS customer service center is open 24/7 and can be contacted by phone, email or through a call-back form. Their team members speak multiple languages and are ready to assist with any queries or worries that you may have.

The broker offers a range of account types to suit all traders. These include standard, cent, and micro accounts as well as zero spread and ECN accounts. The minimum deposits for each account differ, while trading costs also depend on what type it is.

Zero Spread Account

FBS provides six account types to meet different traders' needs and objectives, such as the Zero Spread Account. This account type has become particularly popular with beginners but also advanced traders looking to practice their strategies without risk of loss.

This account requires a minimum deposit of $500 and offers an unfixed spread of 0 pips. Furthermore, its commission starts at $20 per lot.

This account allows traders to trade forex, CFDs, stocks and metals on both MT4 and MT5.

Clients of various account types can make deposits using a range of payment systems, including credit cards, Neteller, Skrill and Bitwallet.

FBS provides an array of tools and educational materials to assist you with learning to trade. You can access these resources through your Personal Area on their website, or by calling their customer support team.

Leverage is a critical factor for many traders, and FBS provides it between 1:5 and 1:3000. This can be advantageous when trading low volumes but also dangerous if not utilized carefully.

FBS also provides Cent and Micro trading accounts, which offer a lower spread than the Standard account but are less profitable. With these accounts you can trade with cryptocurrencies too; however, there is a minimum deposit requirement of $1.

ECN

The ECN Account is FBS' premier live trading account that lets you leverage all the advantages of ECN technology. It requires a larger initial deposit than its other four counterparts, but is ideal for professional traders seeking more liquidity and improved trading conditions.

The ECN account offers tight spreads, enabling you to make more profit on your trades. Furthermore, it permits trading with a large leverage ratio up to 1:500.

ECN orders are sent directly to liquidity providers, making the process much faster than dealing desk brokers' processes. This ensures orders are executed at the best available price without any dealer intervention required.

An ECN broker, also known as a No Dealing Desk or Direct Market Access (DMA) broker, routes orders directly to interbank liquidity. This ensures trades are filled at the most competitive prices with few re-quotes and slippages.

When selecting an ECN broker, it is important to take into account the minimum deposit needed and any associated fees. Furthermore, compare spreads and commissions offered by different brokers.

Another important factor to consider is the variety of markets and assets a broker provides. FBS provides clients with numerous choices, such as forex, commodities, indices. Furthermore, they provide numerous risk management tools and advanced analytics.