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FBS accounts and how they score

Account range and entry terms feed the rating. Here are FBS's accounts and the facts the score is built on.

Facts last checked . Read the full FBS review.

Accounts

Minimum deposit
$5
Account types
Standard/live trading, Swap-Free, Demo
Account currencies
Entity/account dependent
Islamic account
Yes, Swap-Free
Demo account
Yes
Professional account
No conventional regulatory professional classification on global entity
Minimum trade size
0.01 lots
Time to open
Typically a few minutes, subject to verification

What this means

A short account range, which usually means less to get wrong - the pricing you are shown is close to the pricing you get.

Base currencies: Entity/account dependent. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about FBS accounts

What account types does FBS offer?

FBS offers 3 account types: Standard/live trading, Swap-Free, Demo.

What is the minimum deposit at FBS?

The minimum deposit at FBS is $5. It can differ by account type and by the entity you register with.

Does FBS offer an Islamic account?

Yes. FBS offers a swap-free account for clients who need one.

Accounts at brokers under the same regulator

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