We have compiled this comprehensive review to bring you through every type of FBS spread.
This includes:
- Types of spreads
- Spreads based on type of account
- Spreads on the various assets
What spread types does FBS offer?
Here we will describe exactly the types of FBS spread which are implemented on each instrument and each of the FBS accounts which you may sign-up for.
Variable Spread
FBS offers only variable spread across all the financial instruments.
The FBS variable spread available are very competitive when compared with the industry average. FBS variable spreads start from 0.7 pips.
FBS Spread on instruments
The spread on the different instruments at FBS is firstly subject to change based on the jurisdiction where you are trading. This means that if you are trading on FBS.com as a global trader, you may experience a different spread than if you were using FBS.eu as a European-based trader.
74-89% of retail CFD accounts lose money
FBS Spread on accounts
The FBS spread may vary depending upon your FBS account type choice. Here are some of the main examples of how the spread impacts each account type.
Cent Account
The FBS cent account allows for a great introduction to forex trading. The account allows you to trade in cents and therefore keeps your risks proportionality lower in trading. This is ideal for those who are just starting out or thinking of opening an FBS account.
The FBS Cent Account is available only for European traders under the CySEC regulated branch of FBS.
The FBS cent account spreads are very competitive, which starts from 0.5 pips with no commission.
Standard Account
The FBS standard account is one of the most selected and again is available to both EU and International traders.
The FBS standard spread is volatile and starts from 0.7 pips.
How does FBS’ trading spread vary per asset?
Now let’s take a more detailed look at what the FBS spreads are on each asset class so you can factor it into your trading decisions. Full details are also provided in the charts.
Forex
Starting with the FBS forex currency assets, these are all much as you would expect with any top broker. The one point to note here is that the spread may differ slightly between EU and non-EU global market accounts, just like the leverage available. The FSC Belize regulated branch of FBS’ leverage available on forex is 1:3000 and that’s one of the forex brokers with the highest leverage.
| FBS.eu | Standard | Cent |
|---|---|---|
| EURUSD | 0.5 | 0.5 |
| USDJPY | 1.1 | 1.1 |
| GBPUSD | 0.6 | 0.6 |
| EURGBP | 2.1 | 2.1 |
| FBS.com | Standard |
|---|---|
| EURUSD | 0.8 |
| USDJPY | 1.0 |
| GBPUSD | 0.7 |
| EURGBP | 1.0 |
Cryptocurrencies
FBS cryptocurrency trading is available, however this is only the case if you sign up with FBS.com as a global markets (non-EU) trader.
Once again here, the commissions denoted below are on a per lot basis and charged in your base currency.
The spread on cryptocurrency is generally marginally higher than many other assets with most brokers due to market volatility.
Indices
FBS Indices CFD trading encompasses a range of markets and the spreads here are typically the same or very close to that across each account type where CFDs trading is offered.
Here you will also note that there’s a flat commission when trading Indices.
| FBS.eu | Standard | Cent |
|---|---|---|
| NASDAQ | 25 +$25/lot | 25 +$25/lot |
| FBS.com | Standard |
|---|---|
| US500 | 25 +$25/lot |
| NASDAQ | 25 +$25/lot |
Stocks
FBS stick trading features selection of globally prominent stocks which can be traded.
With stocks, the commissions noted are again per lot and charged in your base currency.
An important point to remember here is that spreads and commissions on stock trading are the same, regardless of which stock you are trading. This applies even to the broader range of FBS stocks which are not listed.
| FBS.com | Standard |
|---|---|
| US stocks | $3.00 |
Commodities
Metals are available on all FBS accounts.
Another key point to remember here is that spreads may be higher during the night time to trade metals. Again this charge is per lot and in your base currency.
| FBS.eu | Standard | Cent |
|---|---|---|
| GOLD | 10 | 10 |
| US OIL | 3.0 +$25/lot | 3.0 +$25/lot |
| UK OIL | 1.0 +$25/lot | 1.0 +$25/lot |
| FBScom | Standard |
|---|---|
| GOLD | 10 |
| US OIL | 2.0 |
| UK OIL | 2.0 |
FBS Spread comparison with other major brokers
Comparing FBS with other top brokers in the industry is a natural way to conclude our information and hopefully it can help you make the right choice when choosing your broker.
We can say that FBS do offer a very low spread with very competitive no-commission account types. This can be great for the majority of traders. There are also no requotes at all which is always a good sign from a top broker.
Overall, the FBS spread is objectively very competitive and the broker appears to try the best to have a minimal impact on the cost of your trading activity. The one time to be mindful of the spread is during the night period or on certain markets when it can increase substantially.
74-89% of retail CFD accounts lose money