FBS account opening

If you’re looking to start trading with FBS, you’ve come to the right place! Opening an account with FBS is a straightforward process, whether you’re a beginner or an experienced trader. In this guide, you’ll find everything you need to know, from the types of accounts available to the step-by-step process of getting started. By the end, you’ll be ready to dive into the world of Forex and CFD trading with confidence, knowing that FBS offers the tools and support you need to succeed. Let’s get started!

Threenvest score

3,0/5

Investing risks losing your money

Quick overview of how to create fbs account

First of all, click on the button to start the account opening process.

Investing risks losing your money

  • Account Types: FBS offers a variety of account options including Cent, Micro, Standard, Zero Spread, ECN, and Crypto accounts, catering to both beginners and experienced traders.
  • Minimum Deposit: The minimum deposit ranges from as low as $1 for Cent accounts to $1000 for ECN accounts, making it accessible for different levels of traders.
  • KYC Requirement: KYC verification is mandatory for withdrawals, requiring you to upload identity and address verification documents.
  • Availability: FBS is not available in the USA, UK, EU, and some other jurisdictions. It is accessible in over 150 countries globally.
  • Regulation: FBS is regulated by multiple financial authorities including the FSC in Belize, providing a secure trading environment.

Step-by-step video on how to create an account on fbs

Here’s a detailed step-by-step guide on how to open an account with FBS:

  1. Visit the FBS Website: Start by navigating to the official FBS website. Once there, click on the “Open Account” button located on the homepage.
  2. Fill in Your Details: You’ll be prompted to provide basic personal information, including your full name, email address, and phone number. You can also choose to sign up using your social media accounts like Google or Facebook.
  3. Choose an Account Type: FBS offers multiple account types including Cent, Micro, Standard, Zero Spread, ECN, and Crypto accounts. Select the one that best fits your trading needs.
  4. Set Your Account Preferences: After selecting the account type, you’ll need to configure your account settings. This includes choosing your preferred account currency, leverage (up to 1:3000 depending on the account type), and setting a password.
  5. Verify Your Identity: To comply with regulatory requirements, you will need to complete the KYC process by submitting documents such as a government-issued ID and proof of address. This step is crucial to be able to withdraw funds from your account.
  6. Make a Deposit: After your account is verified, you can fund your account. FBS accepts a variety of payment methods including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller.
  7. Start Trading: Once your account is funded, you can download the trading platform (MetaTrader 4 or MetaTrader 5) and start trading. You can also use a demo account to practice before engaging in live trades.

Different Types of Accounts on FBS

FBS offers a variety of account types designed to suit different levels of trading experience and strategies. Here’s an overview of the main account types:

  1. Cent Account: Ideal for beginners, the Cent account allows you to trade in smaller volumes with a minimum deposit of just $1. It’s perfect for those who want to test strategies with minimal financial risk.
  2. Micro Account: This account type offers fixed spreads starting from 3 pips, making it suitable for traders who prefer to know their costs upfront. The minimum deposit for a Micro account is $5.
  3. Standard Account: A more traditional account type with floating spreads starting from 0.5 pips. The minimum deposit required is $100, making it a good option for more experienced traders.
  4. Zero Spread Account: As the name suggests, this account offers zero spread on trades, but with a commission. The minimum deposit is $500, making it suitable for traders who need precise entry and exit points.
  5. ECN Account: Designed for advanced traders, the ECN account offers direct access to the interbank market with tight spreads from -1 pip and a minimum deposit of $1,000.
  6. Crypto Account: Specifically tailored for cryptocurrency traders, this account allows you to trade a variety of cryptocurrencies with a minimum deposit of $1. It features floating spreads starting from 1 pip.

Minimum Deposit on FBS

The minimum deposit required to open an account with FBS varies depending on the account type you choose:

  1. Cent Account: The minimum deposit is as low as $1, making it extremely accessible for beginners who want to start trading with minimal risk.
  2. Micro Account: To open a Micro account, you’ll need a minimum deposit of $5. This account is designed for traders who prefer fixed spreads and a low initial investment.
  3. Standard Account: This account type requires a minimum deposit of $100. It offers floating spreads starting from 0.5 pips, which is suitable for more experienced traders.
  4. Zero Spread Account: For traders who need precise pricing with no spreads, the minimum deposit is $500. This account has a fixed commission per trade instead of spreads.
  5. ECN Account: The most advanced account type, the ECN account, requires a minimum deposit of $1,000. This account provides direct access to the interbank market with tight spreads, making it ideal for high-volume traders.
  6. Crypto Account: If you’re interested in trading cryptocurrencies, the minimum deposit is $1, with floating spreads from 1 pip.

Countries That Can and Cannot Open an Account on FBS

FBS is available in over 150 countries globally, but there are some regions where the platform does not operate due to regulatory restrictions.

Countries Where FBS Cannot Operate:

  • United States: Due to strict financial regulations, FBS does not offer services to U.S. residents.
  • European Union: FBS does not operate in the EU, including countries like Germany, France, and Italy.
  • United Kingdom: The platform is also not available to residents of the UK.
  • Other Restricted Countries: Israel, Japan, Canada, Myanmar, and the Islamic Republic of Iran are among the other countries where FBS services are restricted.

Countries Where FBS Can Operate:

FBS is widely accessible in countries across Asia, Africa, Latin America, and the Middle East. Some of the key regions include:

  • Southeast Asia: Including Indonesia, Malaysia, Thailand, and Vietnam.
  • Africa: Available in countries like Nigeria, South Africa, and Kenya.
  • Latin America: FBS operates in Brazil, Mexico, and Argentina, among others.
  • Middle East: Including Saudi Arabia, UAE, and Egypt.

Investing risks losing your money