FBS Wiki – Medium

FBS is a reputed online broker offering Forex and CFD financial markets trading. Before you learn about the broker’s authenticity, leverages, spreads, minimum deposits, etc, it is important to learn how to sign up for an FBS broker and begin your trading journey!

How to sign up on FBS?

To register with FBS, follow these steps:

  • Visit fbs.com.
  • Click the “Open an Account” button in the upper right corner of the website. You must complete the registration process and receive a personal account.
  • You can register via social media or enter the required information to manually register an account.
  • Please enter a valid email address and full name. Be sure to check the accuracy of the information, because you will need this information to verify and log in later. Then click the “Register as a trader” button.
  • Create your own password instead of using the automatically generated password that will be displayed as those are usually weak in their structure and composition.
  • Confirm the confirmation link sent to your email. Open the link in the same browser as in your personal account.

FBS real and demo accounts

After your FBS sign up, you can open your first business account. You can open a real account or a demo account.

For demo accounts, you must select an account type. FBS offers a choice of several accounts.

If you are a novice trader, still getting familiar with the market, choose a cent or micro account. If you already have experience with Forex trading, you can choose between standard accounts, zero margin or unlimited accounts.

You can choose the MetaTrader version, currency and leverage depending on your account type. Your registration is now complete.

Trading fees

FBS offers a variety of spreads depending on account type and region. For EUR / USD, the margin on the company’s micro accounts is 3.0 pips, on standard and cent accounts 1.1 pips. In the European Union, the only gap between regular accounts and 100 accounts is 0.7 pips. The World Branch charges a flat rate of $ 20 per share for zero margin accounts and a flat rate of $ 6 per share for ECN accounts. Broker commission for opening and closing balances on an encrypted foreign exchange trading account is 0.05%.

Leverages

The maximum leverage available depends on the number and type of branch. In the European Union, brokers offer standard account types and leverage up to 1:30 on hundreds of accounts. Globally, it offers up to 1: 1000 reward for Cent accounts, 1: 500 reward for ECN accounts and 1: 3000 reward for other account types.

Is FBS a safe broker?

FBS is a trustworthy legal broker that you can trust. Companies owning FBS, a subsidiary of the EU, are regulated by the Cyprus Securities and Exchange Commission (CySEC). The International Office is regulated by the Belize International Financial Services Commission (IFSC).

The broker is also regulated by ASIC Australia and FSCA South Africa, two of the most authentic and rigorous regulatory bodies.