A Step-By-Step Guide on How to Withdraw Money from FBS

logomark Luca Puddu calendar Last Updated: November 2021 timer 5 min read
Connect with us

The FBS withdrawal method ranks among the several things that most Forex traders want to know about the top-ranking broker.

Our FBS Review tells you some of the most important information you want to know about FBS while the FBS Minimum Deposit shows you the minimum deposit amount you need to use the platform.

Table of contents

How to Withdraw Money from FBS: Step-by-Step Tutorial

The FBS withdrawal process isn’t rocket science but simple and convenient. The step-by-step guide below shows you how to go about it:

Step 1: Create an FBS Account

The first step is to open an FBS account (74-89% of retail CFD accounts lose money). During the registration process, you’ll be asked if you want a demo or a real account. Note that you need a real account to make withdrawals.

fbs personal area of the trader

Step 2: Log in to Your Personal Area

After you applied, log into your trading account with the login details generated during the account-opening stage.

You can access your FBS trading area directly from the broker’s Home page by using the Login button in the top right corner of the website.

Provide your login details and gain easy access to the platform.

Step 3: Withdraw from Your FBS Account

From your Profile, visit the Finance page. Then, choose “Withdrawal” and follow the withdrawal instructions.

Always remember that your preferred withdrawal method must match your deposit method for an easy withdrawal process. More so, you can withdraw funds into your bank account just as you can into your FBS trading account.

Confirm your withdrawal when you’re done.

fbs copy trade app finances section

Step 4: Wait for the FBS Approval

The FBS Financial Department processes all withdrawal requests on a first-come, first-served basis. The withdrawal process depends on the chosen payment system.

For instance, it takes between 5 and 7 business days to process bank wire while withdrawal through a credit or debit card takes between 15 and 20 minutes. In some extreme cases, it may take longer but not more than 2 business days.

For eWallets, withdrawal takes between 15 and 20 minutes and a maximum of 48 hours in extreme cases.

Step 5: Check Your FBS Withdrawal Status

You can check your withdrawal status at your convenience. Simply visit the “Transaction History” tab on your Finance page and monitor it.

FBS Withdrawal Methods: Costs, Waiting Time, Methods & More

The FBS payment methods depend on your location. For EU customers, PerfectMoney, Sticpay, GlobePay, and local exchange services are not available. Conversely, Maestro, MasterCard, and Rapid Transfer are not available for non-EU traders.

Withdrawals are fee-free in the EU, although your bank may charge you a fee if you use wire transfers.

FBS withdrawals take between 20 minutes and 2 business days to process. If you are an EU resident, you can withdraw your money in EUR. For traders outside the EU, they can withdraw in the USD.

The minimum withdrawal amount is $1.

FBS Withdrawal Methods FBS Withdrawal Fees FBS Withdrawal Processing Time
Wire Transfer $1,00 48 hours
Visa $1,00 20 minutes (max 48h)
Mastercard 0% 20 minutes (max 48h)
Maestro 0% 20 minutes (max 48h)
Skrill 1,00%+$0,32 20 minutes (max 48h)
Rapid Transfer 0% 20 minutes (max 48h)
Neteller 2,00% (max $30) 20 minutes (max 48h)
Sticpay 2,50% + $0,30 20 minutes (max 48h)
PerfectMoney 0,50% 20 minutes (max 48h)
Globe Pay 1,00% 20 minutes (max 48h)
Local Exchanger N/A 20 minutes (max 48h)

The Wrong Base Currency May Cause Withdrawal Fees

FBS offers a couple of account base currencies such as the USD and EUR. However, if you choose to trade with other currencies, you may incur currency conversion fees. Our dedicated guide on FBS minimum deposit throws more light on this.

Issues You May Encounter During the FBS Withdrawal Process

FBS is ranked among the most trustworthy brokers and is duly regulated by approved and credible financial institutions. However, European traders may incur withdrawal fees from their banks, even though they make withdrawal requests through FBS.

Contact your payment provider if your withdrawal process is taking too long to complete. Always remember that your withdrawal option must match your deposit option.

FBS Withdrawal FAQs

1. How long does FBS withdrawal take

FBS withdrawal times depend on your chosen payment method. It requires up to 7 working days for bank wires, up to 20 minutes, or a maximum of 2 days for credit or debit cards and eWallets.

2. How much is the withdrawal fees in FBS?

FBS withdrawal fees don’t apply to European traders under Cyprus Stock Exchange Commission (CySEC) regulation. However, if you’re trading under IFSC regulation, you will attract a fee, depending on your payment choice. If you don’t deposit in the base currency such as EUR or USD, conversion fees may apply.

3. Is it possible to cancel an FBS withdrawal?

You may be able to cancel your withdrawal request if it is still in the early stages. From the Transaction History tab, cancel your pending withdrawal request by using a red cross. Click the cross and proceed from there.

The withdrawal process is relatively simple. Choose a withdrawal option that corresponds with your deposit option and you’re good to go.

Note also that your withdrawal currency determines whether you will attract a fee or not. And of course, you can cancel your withdrawal request before it gets to the advanced stage.

And finally, your withdrawal option determines the withdrawal time as different methods attract different processing speed.


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

About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


Leave a Reply

Your email address will not be published. Required fields are marked *

Keeping you better informed

Find and Compare the Best
Online Brokers for You

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2021 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Sitemap