The online brokerage firm FBS requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform.

The minimum amount required with FBS is $5, which can be deposited via various methods, including wire transfer, debit card, credit card and eWallet.

FBS generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency.

What is the FBS minimum deposit?

The FBS minimum deposit is $5.

You have a range of payment options for depositing your funds with FBS that may vary based on your area of residence.

Your location can also affect the minimum deposit itself and the selection of base currencies available to avoid additional fees.

The FBS deposit features are listed in this table below:

FEATURES FBS MINIMUM DEPOSIT
FBS trading account $5
Deposit fees No
Withdrawal Fees No
Base Currencies EUR, USD, AUD

Visit FBS
74-89% of retail CFD accounts lose money

Now that you know the minimum deposit amount, you can find out more about the different FBS account types provided.Screenshot of the FBS homepage

 

What are the FBS account base currencies?

The FBS base currencies are the EUR, USD and AUD.

The availability of these account base currencies is limited to the country or region of residence of the trader.

Within Europe the EUR is the only base currency available, the same goes for Australian traders since there’s only AUD available.

All other traders from other regions will see the USD as the only option

What are the FBS funding and deposit methods?

The FBS deposit methods features and fees are listed below.

  • Wire transfer: FBS deposit by wire transfer funding is available around the world and comes with no fees attached at all. With this said, you will want to double-check your bank’s policy of wire transfers since it is possible to incur a fee from their side, but never from the broker side in the case of FBS. This deposit method takes 3-4 business days in order to be processed and available for trading.
  • Credit/debit Cards: FBS credit and debit card deposits are of course also available. In this situation, Visa and MasterCard are both accepted although MasterCard is only available within Europe, while Visa deposits are available around the world. Deposits made through this method are instant and immediately available to trade within your FBS account. There are also no fees associated with this form of deposit.
  • eWallets: FBS eWallet deposits are an increasingly popular way to fund your trading account. For that reason, the broker makes both Neteller, and Skrill available worldwide for funding. Perfectmoney is another eWallet service which is available for FBS traders outside of Europe only. Bitcoin deposits are also not permitted within the EU. The eWallet deposits will not encounter any type of FBS fee and are also instantly available to trade with.
  • Other methods: There are other FBS deposit methods available aside from what we have mentioned. This is particularly the case outside of the EU in areas such as the middle east and Asia. BitWallet is one such method available only in Japan. When it comes to other methods, the minimum deposit for FBS may vary along with some fees.

fbs funding methods europe

FBS deposits from Indonesia

With FBS there are special exceptions made when it comes to deposits from Indonesia. Indonesian traders can benefit from a fixed-rate currency exchange of 10,000 IDR for 1 USD. This means that you will not be impacted at all by currency fluctuation when making your FBS deposit.

Additional methods of deposit which are available to Indonesian traders include local bank deposits from BCA, BNI, BRI, and more local banks in the country. This should make it very easy and fast to deposit.

Every deposit method offered in this case is fee-free with the exception of Stic Pay which charges a minimal commission. Both Fasapay and Perfectmoney are available without any fees.

The only point to note is that bank deposits will also still incur a commission based on your bank and their policy. All the methods noted, allow for an instant deposit to your account. The exception again here is banks which can take up to 24-hours.

All these reasons make it so FBS is not only featured in our top ten forex brokers for Indonesia but it is well-known as one of the best in the industry.

How does the FBS minimum deposit compare with other major brokers?

The comparison between FBS’ minimum deposit and those of other brokers can be found in this table below:

FEATURES FBS IC MARKETS XM
Minimum deposit $5 $0 $5
Wire transfer Yes Yes Yes
Credit card Yes Yes Yes
PayPal No Yes No
Number of deposit methods 11 10 6
Base Currencies EUR, USD, AUD EUR, USD, JPY, AUD, GBP, SGD, NZD, CHF, HKD, CAD EUR, USD, JPY, AUD, GBP, SGD, CHF, HUF, PLN, RUB, ZAR

Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Does FBS offer deposit bonuses?

FBS does not offery any deposit bonus to its traders.

You can check our ranking on no deposit bonus forex brokers if you want to know better how bonuses works or if you can look at the following article if you just want to know about the forex brokers bonus promotions.