FBS provides a range of trading account types tailored to different trader profiles, including beginners, retail traders, high-volume professionals, and fund managers.
Available accounts include the Standard Account, ideal for intermediate traders, and the Islamic Account, for traders of the Islamic faith with a swap-free trading environment.
Each FBS account type has distinct pricing models and offers platform compatibility across MT4, MT5 and FBS App.
The availability of the FBS account types is subject to Regulatory compliance, trader expertise, and regional restrictions.
What types of trading accounts are available at FBS?
The FBS account types are listed below.
- FBS Demo Account
- FBS Standard Account
- FBS Islamic Account
FBS Standard Account: Best for intermediate traders
FBS Standard Account is designed for intermediate traders. It requires a minimum deposit of $5 and offers spreads starting from 0.7 pips. Leverage is up to 1:3000 under FSC Belize regulation and up to 1:30 under CySEC and ASIC regulations.
The features of the FBS Standard Account are listed below.
- Availability: Under CySEC, ASIC, FSC Belize.
- Markets: Forex, indices, commodities, shares, cryptocurrencies (560+ assets in total).
- Commissions: You will get charged spreads from 0.7 pip, and a rollover fee if you hold a position overnight.
- Platforms: MT4, MT5, FBS App.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:3000 (FSC Belize), up to 1:30 (CySEC, ASIC).
- Special features: Copy trading service available, cashback rebate under FSC Belize entity 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 $5 minimum deposit is requested if you want to switch to a real standard account.
FBS Islamic Account: Best for Muslim traders
The FBS Islamic Account caters to traders of the Islamic faith with a swap-free trading environment. It provides access to over 560 assets, such as forex, commodities, shares, indices and cryptocurrencies, with fixed spreads starting from 0.7 pips.
The features of the FBS Islamic Account are listed below.
- Availability: Under CySEC, ASIC, FSC Belize.
- Markets: Forex, indices, commodities, shares, cryptocurrencies (560+ assets in total).
- Commissions: Spreads are charged from 0.7 pip.
- Platforms: MT4, MT5, FBS App.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:3000 (FSC Belize), up to 1:30 (CySEC, ASIC).
- Special features: No rollover fees.
- Account opening: The minimum deposit is $5. After that, contact the FBS team to register for an Islamic account.
How to compare the FBS trading accounts?
The table to compare the FBS trading accounts is shown below.
| FBS Account Types | Minimum Deposit ($) | Minimum Spread (pips) | Volume-based Commissions | Overnight Fees | Minimum Trade Size (lots) |
|---|---|---|---|---|---|
| FBS Standard Account | $5 | 0.7 | Spread-based (0.7 pips) | Yes | 1 micro lot |
| FBS Islamic Account | $5 | 0.7 | Spread-based (0.7 pips) | No | 1 micro lot |
What are the requirements to open a FBS account type?
The requirements to open a FBS account are listed below.
- Contact requirements: The contact requirements of FBS include a valid email address and a valid phone number
- Age requirements: The age requirement at FBS is that you must be over 18 years old to open an account
- Legal requirements: The legal requirements at FBS include complying with KYC laws by verifying your identity with documents such as a passport or utility bill.
- Minimum deposit requirements: FBS minimum deposit to activate a live trading account is $5
- Regulatory requirements: The regulatory requirements at FBS stipulate that you must be a resident in a country where the broker operates
- Knowledge requirements: The knowledge requirements at FBS include answering questions about your trading experience and financial knowledge before accessing complex financial products.
Do FBS account types charge inactivity fees?
No, FBS account types do not charge inactivity fees. This policy applies to all FBS trading accounts regardless of how long they remain idle. Traders can keep their accounts open without worrying about additional costs if they do not trade for an extended period.
FBS reserves the right to close trading accounts that remain inactive for a period of 90 days. The absence of inactivity fees represents a significant advantage for traders who trade infrequently or need to pause their trading activities for extended periods. Traders who wish to resume trading after a period of inactivity can reactivate their accounts by logging in and making transactions as usual.
Demo accounts at FBS function as trial environments with virtual funds for a limited period of 90 days. Traders who abandon these practice accounts incur no FBS fees because the accounts operate with simulated money only. The broker offers these risk-free platforms so users can test trading strategies without financial obligations. Demo accounts automatically expire after the trial period without any penalties from the broker.