The FBS zero spread account minimum deposit is $1.2, and you need at least this amount to begin trading. This deposit is also known as an initial deposit or funding. However, there is a high risk of losing money with FBS trading, and you should consider this risk when setting up your account.
$100
The FBS zero spread account is a low-risk trading account for those looking to invest in the foreign exchange market. This account requires a minimum deposit of $100 and has fixed spreads of only 0.5 pips. In addition, it uses the STP method of processing trades and allows traders to trade with a maximum leverage of 1:3000. This account is available on MetaTrader 4 and 5.
In addition to having low minimum deposit requirements, FBS offers cross-crypto assets and competitive commission rates. This online broker offers different accounts, including Standard, Cent, Micro, and Zero Spread Accounts. Each of these accounts has its minimum deposit requirements, and each account type offers different leverage levels and commissions. For example, a Zero Spread Account will require a minimum deposit of $100, whereas a Standard account requires a minimum deposit of $1000.
Regulated by Cyprus Securities and Exchange Commission CySEC
CySEC is the regulatory body that oversees financial services in Cyprus, and FBS is one of the companies regulated under it. This means that their trading operations are subject to strict regulations. This includes minimum deposit requirements, mandatory negative balance protection, and maximum leverage of 30:1 for retail clients and 500:1 for professional traders. The firm offers USD, EUR, and GBP as trading currencies.
Traders can feel comfortable knowing that CySEC-regulated brokers meet ESMA guidelines. CySEC also oversees the financial stability of the brokers, so they are protected in case of any issues. CySEC also maintains a constant line of communication with other national regulatory bodies.
Non-spread account
There are many different account types available on FBS, ranging from a minimum deposit of $1 to a maximum deposit of $1000. You can deposit funds via bank transfer or use credit or debit cards. PayPal and Skrill are also viable options. These methods offer instant deposit and withdrawal of money, allowing you to deposit money in crypto or withdraw in fiat money. While FBS mainly focuses on the Forex market, you can also open a non-spread account for as little as $1. In addition, you can deposit funds in multiple currencies, including Bitcoin, Litecoin, and several other currencies, such as ether.
The Standard account, meanwhile, requires a deposit of $100. This account offers 0% commissions and fixed spreads from three pips. You can also open up to 200 open positions and pending orders on this account. However, you must be aware of commission fees. The Standard account is designed for traders who want to invest a significant amount. The Standard account is more expensive, requiring a minimum deposit of $100. You can choose to have a floating or fixed spread or a combination of the two.
Maximum leverage
FBS has several options if you’re looking for a broker offering a zero-spread account. This broker offers six different account types with starting deposit amounts of as little as $1. The accounts can have fixed or floating spreads and varying leverage ratios. The cent account, for example, is suitable for beginners. This type of account allows you to trade micro-lots. You’ll also have access to leverage up to 1:3000.
The Standard Account is the best option for a beginner and offers the most flexibility. Despite its name, the Standard Account is not a high-leverage account. A standard account comes with a floating spread of 0.5 pips and commissions of $20 per lot. The Zero Spread Account offers fixed spreads of 0 pips, and commissions start at just $20 per lot. FBS has Standard and ECN accounts with higher minimum deposit requirements for those looking to trade on a smaller scale.
Segregated account
The minimum deposit amount for an FBS Zero Spread account is US$500. You can deposit your funds through a bank transfer, e-wallet, or other payment methods. Deposits can be made in USD or EUR currencies. Withdrawals can be made through bank cards or e-wallets like Neteller. Withdrawals take between five and seven business days.
To open an FBS Zero Spread account, you’ll need to deposit at least $5. You’ll also need to choose a type of account to use. Depending on your needs, FBS offers a Micro Account, ECN account, or commission-free account with spreads as low as -0.1 pips.
If you’re new to trading, an FBS Micro Account can offer you higher leverage and lower commissions. You can open as many as 200 pending orders with this account. In addition, the Micro Account offers zero commissions. And since it has a low minimum deposit, it’s easy to start trading on a micro account.