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FBS is an online trading broker that trades on Forex, Metals, Indices, Energies, Stocks, Forex Exotic, and Crypto. There are so many trading instruments this broker provides. Besides providing trading services, this broker is also providing Education to its clients. They provide tips for traders, Forex Guidebook, Webinars, Video Lessons, Seminars, and Glossary. This is very valuable knowledge for newbie traders.
FBS has six types of accounts for its clients. Clients can choose any of these accounts according to their trading desires and investment capabilities. These six accounts are named Cent Account, Micro Account, Standard Account, Zero Spread Account, ECN Account, and Crypto Account. The accounts are described below:-
- Cent Account:- This account starts with a $1 minimum deposit or initial deposit. The commission on this account is $0. The maximum leverage in this account is 1:1000. The spread in this account is floating from 1.0 pips.
- Micro Account:- This account starts with a $5 minimum deposit. It has a fixed spread from 3.0 pips. It is a zero commission account and the maximum leverage in this account is 1:3000.
- Standard Account:- This account requires a $100 minimum deposit to start. It has a floating spread starting from 0.5 pips. The maximum leverage in this account is 1:3000. It is also a zero commission account.
- Zero Spread Account:- This account starts with a $500 minimum deposit. It has a fixed spread of 0.0 pips. The maximum leverage in this account is 1:3000. The commission in this account is $20 per lot.
- ECN Account:- The initial deposit of this account is $1000. It has a floating spread starting from 1.0 pips. The commission in this account is $6. The maximum leverage in this account is 1:500.
- Crypto Account:- The initial deposit of this account is starting from $1. It also has a floating spread starting from 1.0 pips. The maximum leverage on this account is 1.5. It has a commission of 0.05% for opening and 0.05% for closing positions.
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