FBS Account Types: A Guide for Traders and Investors 2024

FBS offers two major accounts: the Standard Account and the Raw Spread Account. The raw spread account can be of two types: Raw Spread metatrader, and Raw Spread Ctrader account. The Standard account is spread-based, while the Raw Spread account is commission-based. Additionally, based on client type (Client profile), FBS offers a good number of account types: 

Below is the full list of account types offered by FBS:     

• FBS Standard account
• FBS Cent Account 
• FBS Raw Spread Ctrader Account
• FBS Islamic account
• FBS Professional account
• FBS Joint Account
• FBS Company (Corporate) Account 

FBS Standard Account: Best for Beginners

FBS Standard Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features of FBS Standard Account:

• Applicable For: Applicable for all jurisdictions including ASIC , FSC and CySEC  
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments:  Forex, Stock ,Indices, Crypto, Metals , Energies , Forex Exotic
• Trading Platforms: MT4, MT5 
• Minimum Deposit:  $5
• Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
• Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.7 pips. A rollover commission is applied on open positions overnight.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 100 Lots 
• Funding Currencies: VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 40% 
• Negative balance Protection: Yes 
• Investor Protection:  Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction. 

FBS Cent Account: Best for EA traders and Scalpiers

Key Features of FBS Standard Account:

• Applicable For: Applicable for all jurisdictions including ASIC , FSC and CySEC  
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments:  Forex, Stock ,Indices, Crypto, Metals , Energies , Forex Exotic
• Trading Platforms: MT5 
• Minimum Deposit:  €10 (or equivalent in $)
• Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
• Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1 pips. A rollover commission is applied on open positions overnight.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 100 Lots 
• Funding Currencies: VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 40% 
• Negative balance Protection: Yes 

Investor Protection:  Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.