FBS Account Types: List & Characteristics (2023)

filippo ucchino Filippo Ucchino calendar Last Updated: December 2022 timer 5 Min Read

FBS offers a good number of account types:

  • FBS Demo Account
  • FBS Standard Account
  • FBS Cent Account
  • FBS Micro Account
  • FBS Zero Spread Account
  • FBS ECN Account
  • FBS Ultra Account
  • FBS Crypto Account
  • FBS Professional Account
  • FBS Islamic Account
  • FBS Copy Trading Account
Table of Content

FBS account types: Full list and features

FBS (74-89% of retail CFD accounts lose money) does not provide the same service for all its clients. The availability of those services depends on your location. For example, the maximum retail leverage is up to 30:1 for clients under CySEC and ASIC regulators.

FBS Standard account: Best for intermediate traders

  • Availability: Under CySEC, ASIC, IFSC, FSCA.
  • Markets: Forex, indices, commodities, shares (150+ assets in total).
  • Commissions: You will get charged spreads from 1 pip, and a rollover fee if you hold a position overnight.
  • Platforms: MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:3000 (IFSC, FSCA), up to 1:30 (CySEC, ASIC).
  • Special features: Copy trading service available, cashback rebate under IFSC and FSCA entities where you can get up to $15 per lot depending on the asset traded.
  • Account opening: A demo is available for 90 days, then a $100 minimum deposit is requested if you want to switch to a real standard account.

FBS Cent account: Best for beginners traders

  • Availability: Under CySEC, FCA, IFSC, FSCA.
  • Markets: Forex, metals, indices (55+ assets in total).
  • Commissions: Floating spreads from 1 pip r, and a rollover fee for open position overnight.
  • Platforms: MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:1000 (IFSC, FSCA); up to 1:30 (CySEC, ASIC).
  • Special features: Copy trading service available, cashback rebate under IFSC, and FSCA entities.
  • Account opening: You can access a demo account for 90 days; to open a live account you will need a minimum deposit of $10.

FBS Micro account: Best for casual traders

  • Availability: Under IFSC, FSCA.
  • Markets: Forex, metals (30+ assets in total).
  • Commissions: This account charges fixed spreads from 3 pips, overnight positions are liable for a rollover fee.
  • Platforms:
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:3000.
  • Special features: Copy trading service available, cashback rebate.
  • Account opening: Demo account is available for 90 days; a $5 minimum deposit is needed if you want to open a real account.

FBS Zero spread account: Best for scalpers

  • Availability: Under IFSC, FSCA.
  • Markets: Forex, metals (30+ assets in total).
  • Commissions: Fixed spreads from 0 pips, a commission of $20 per lot, and a rollover fee if you hold a position overnight.
  • Platforms:
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:3000.
  • Special features: Cashback rebate.
  • Account opening: The minimum deposit is $500. If you want to practice in a risk-free place, a demo account can be tested for 90 days.

FBS ECN account: Best for experienced forex traders

  • Availability: Under IFSC, FSCA.
  • Markets: 25 currency pairs.
  • Commissions: With this account, you can find negative spreads down to -1 pips, a commission of $6 per lot, and a rollover fee if you hold a position overnight.
  • Platforms:
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:500.
  • Special features: Cashback rebate, negative spreads.
  • Account opening: You can start with a 90-days ECN demo, then you have to deposit at least $1000 to trade in a real environment.

FBS Ultra account: Best for competitive traders

  • Availability: Under ASIC, FSCA.
  • Markets: Forex, commodities, indices, stocks, crypto (130+ assets in total).
  • Commissions: Spreads on this account are floating from 0 pips; a commission of $6 per lot; a rollover fee if you hold a position overnight.
  • Platforms: MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 30:1 (ASIC); 500:1 (FSCA).
  • Account opening: A demo is not available, but the minimum deposit requested to open a live account is only $50.

FBS Crypto account: Best for crypto traders

  • Availability: Under CySEC, ASIC, IFSC, FSCA.
  • Markets: Cryptocurrencies (166+ cryptoassets in total).
  • Commissions: You will get charged spreads from 1 pip and a commission of 0.05% on the total value of the operation when opening and closing the position, and a rollover fee if you hold a position overnight.
  • Platforms: MT5, FBS Trader.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 2:1 (CySEC, ASIC), 20:1 (IFSC, SFSA).
  • Special features: Cashback rebate, cryptocurrencies are traded as CFDs.
  • Account opening: You can start risk-free with a demo; a live account requires a minimum deposit of $1.

FBS Professional account: Best for high-volume traders

  • Availability: Under CySEC, ASIC.
  • Markets: Forex, indices, commodities, shares (150+ assets in total).
  • Commissions: Spreads from 0 pips depending on your account choice, a commission per lot traded depending on your account choice, and a rollover fee if you hold a position overnight.
  • Platforms: MT4, MT5. Availability depends on the account choice.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:500, 1:5 (crypto account).
  • Special features: Higher leverage for European and Australian clients, specialized trading tools, and personal manager.
  • Account opening: The minimum deposit depends on the account type chosen. Contact the FBS team if you want to upgrade to professional status.

FBS Islamic account: Best for Muslim traders

  • Availability: Under CySEC, ASIC, IFSC, FSCA.
  • Markets: Forex, commodities, indices (60+ assets in total).
  • Commissions: Spreads are charged from 1 pip.
  • Platforms: FBS Trader, MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC); up to 1:3000 (IFSC, FSCA).
  • Special features: No rollover fees.
  • Account opening: The minimum deposit depends on the account type you choose. After that, contact the FBS team to register for an Islamic account.

What happens to inactive FBS trading accounts?

An inactivity fee of $10 is applied if you are inactive for 180 days.

FBS may also reserve the right to close your account if you do not have a sufficient balance to cover this fee.

In case you would like to restore your account, just contact the FBS support team and they will help you.


About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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