FBS is an online broker offering Forex and CFD financial markets trading. You need to learn about the broker’s legitimacy, leverage quotes, spreads, and minimum investment. Learn how to sign up for an FBS broker and start trading!
How to sign up for FBS?
Follow the following process for FBS sign up:
- Visit the website fbs.com.
- Click the “Open an Account” button in the upper right corner of the website. You must go through the registration process and get a Personal Area.
- You can register via social networks or enter the details required to register an account manually.
- Please enter a valid email address and full name. Make sure you check the accuracy of the data, you will need the information to continue checking and withdrawing funds. Then click the “register as a trader” button.
- Create your own password instead of using the auto-generated password you’ll be shown.
- Proceed to confirm the confirmation link sent on your email. Open the link in the same browser your Personal Area is.
Real and Demo accounts
Once your email address is verified, you can open your first business account. You can open a real or demo account.
For a demo account, you need to choose an account type. FBS provides various accounts.
If you are a beginner and getting more familiar with the market, choose a cent or micro account for small transactions. If you already have experience with Forex trading, you can choose between a standard account, zero spread, or an unlimited account.
You can choose the MetaTrader version, currency and leverage depending on your account type. Your registration is completed.
The spreads provided by FBS vary by account type and region. For EUR / USD, the micro account spread of this global company is 3.0 pips, standard and cent accounts are 1.1 pips, and zero and ECN accounts are zero.
In the European Union, the same spread between standard accounts and 100 accounts is 0.7 pips. World Branch charges a flat fee of $ 20 per lot for zero spread accounts and a flat fee of $ 6 per lot for ECN accounts. The commission for trading stocks is $ 3, and for trading CFDs – $ 25. The commission for opening and closing positions on the broker’s cryptocurrency trading account is 0.05%.
The maximum leverage available depends on the type of account and branch. In the European Union, brokers provide up to 1:30 leverage on standard and cent account types. Globally, it offers rewards of up to 1: 1000 for Cent accounts, 1: 500 for ECN accounts, and 1: 3000 for other account types.
Is it a regulated broker?
FBS is a legal broker with solid and reliable rules. Company that owns the EU branch of FBS is regulated by the Cyprus Securities and Exchange Commission (CySEC). The global offices are regulated by the Belize International Financial Services Commission (IFSC).
The brand is also regulated by ASIC Australia and FSCA South Africa.