FBS Minimum Deposit Guide

If you have read our FBS review then it is already very likely that you know a great deal about what this major forex broker has to offer.

Here though we take the opportunity to hone in on some specifics.

These specifics are the various funding methods made available at FBS and particularly the FBS minimum deposit and how this can change depending on the choices you make.

What is the FBS Minimum Deposit?

The FBS minimum deposit is $1 on their Cent Account. Then, depending on your location and account type, the minimum deposit may vary.

This is especially true with the most advanced FBS accounts such as the FBS ECN or FBS Zero Spread Account, which are designed for expert traders and won’t work properly with smaller deposits.

Now that you know the minimum deposit amount, did you know that with the FBS Cent account you can open Forex & CFD trades even with a couple of USD (instead of hundreds of USD) thanks to the nano lots availability? Visit the FBS website and have a look yourself! (74-89% of retail CFD accounts lose money)

FBS Cent Account

The FBS Cent Account is one that offers great value particularly to new traders, trading in cents.

The FBS Cent Account is available worldwide and has a very reasonable minimum deposit of 10 EUR within the EU or just 1 USD when trading outside of Europe.

This account is not easy to find with most forex brokers. It is though a great account type for beginners since it offers nano-lots for an extra-low risk trading experience. If you’re interested in this account type, or potentially finding an FBS Cent account alternative, you should absolutely have a look at our selection of best nano lot size forex brokers.

FBS Standard account

The FBS Standard Account is again one that the broker makes available to traders around the world.

Islamic accounts are always available should you require one, and the minimum deposit here stands at 100 USD.

The leverage on this account type, as well as on other FBS account types, is 1:3000. No wonder it features in our top 10 brokers with high leverage.

FBS Micro Account

The FBS Micro Account is one of the best micro accounts available to those trading from outside Europe and it trades with micro-lots. The account type offers excellent value again with a minimum deposit of just $5 to trade, and a good Islamic account available on request.

FBS Zero Spread Account

Another account that is available only outside Europe is the FBS Zero Spread Account. This account makes zero spread trading available although there are commissions in place.

The FBS Zero Spread Account minimum deposit is $500 with the option of an Islamic account again available if needed.

Even though it is not available within Europe this is still considered among the best zero spread forex brokers.

FBS ECN Account

Continuing the trend of only being available outside Europe, the FBS ECN account provides for fast, effective ECN execution of your trades at the best prices and with the lowest spreads. Commissions are charged though, and only forex trading is available.

The FBS ECN account features a minimum deposit of $1,000.

FBS CopyTrading Account

The final FBS account type to take a look at is the CopyTrading account. This is again only available to those trading from outside Europe and you can choose to be a signal provider or an investor.

If you choose to be a signal provider, you should be aware that you will only be allowed to open standard or micro account types and so you will be subject to those conditions and minimum deposits associated with those accounts.

As an investor, also known as a CopyTrader, you can open any account type and start to copy trade once your account is verified and you have a balance of more than $100.

So, in the end, the FBS copy trade minimum deposit is 100$.

If you’re interested in copy trading then you can find all about it from its history, to how it works and even brokers who provide the best copy trading platforms in the industry that we have found.

FBS Crypto Account

FBS launched a new crypto service in 2021, and that can be accessed through the FBS Crypto Account.

The minimum deposit for an FBS Crypto Account is $1.

With over 100 cryptos available, the spread here starts from 1 pip, plus a small commission on both opening and closing of just 0,05%.

This accessibility is highlighted by a minimum deposit of just $1. The spreads and cost of trading here are also great value. These start from just 1 pip with a commission of 0.05% on opening, and 0.05% on closing positions.

FBS Minimum deposit comparison with other major brokers

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

FBS Account Base Currency

The FBS base currencies are limited. If you are trading from within Europe, you can only access Euro as your base currency and deposit in Euro only. You also cannot convert other currencies into Euro through FBS.

If you are trading from another location within the international market then you will have access to two base currencies in the form of Euro and USD. In this case, if you find the account with another currency, it is possible you will incur a conversion fee.

FBS Deposit Bonus

Lastly, after all the FBS broker minimum deposit variables, we will take a look at the FBS bonus conditions and criteria. This will help ensure that you do not miss out on an FBS bonus if one is available to you. These apply only to non-EU traders due to ESMA.

FBS No Deposit Bonus

An FBS no deposit bonus of $100 is available to you as a trader under certain conditions. Among these conditions are that you cannot withdraw the money immediately. So, as such, you cannot withdraw this base FBS bonus. What you can do though is withdraw the profits you make on the bonus in the event that you successfully trade at least 5 lots within a 30-day timeframe.

This bonus has come to replace the old $123 no deposit bonus, which is no longer available.

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

FBS 100% Deposit

An FBS deposit bonus is also available on request and under certain conditions. This means that you can effectively double your FBS deposit depending on the circumstances up to a limit.

FBS Funding and Deposit Methods

As a major forex broker, FBS makes a wide number of options available for you to choose from when funding your account. We have detailed these below and the FBS fees which are associated with each method.

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 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.

Related Guides:

• IC Markets Minimum Deposit Guide (2021)
• XM Minimum Deposit Guide (2021)

FBS Minimum Deposit FAQ

What’s the minimum deposit for FBS?

The minimum FBS deposit you will need to start trading is $1 for a Cent account. This amount is €10 within Europe. The minimum deposit though will vary depending on the account type you select. For more information, you can check out the “FBS Minimum Deposit overview” article featured above.

Can I withdraw the FBS bonus?

You will only be able to withdraw the profits you have made from the bonus. This has a number of conditions attached which you much satisfy including that you must trade at least 5 lots on the account within a 30-day period to be eligible for withdrawal of the bonus profits.

How long does FBS withdrawal take?

This will depend on the withdrawal method you select with some being faster than others. Generally though, an FBS withdrawal will take around 2 business days to complete.