FBS Cashback Rates
If the trading account that you want to assign to our partner group was opened earlier, you need to send a request to the broker. A sample letter is shown on the right. The transfer of an account to a partner group occurs at the sole decision of FBS.
Once your trading account has been transferred to our partner group, please send us an email notification email@example.com. This is necessary to speed up the approval of the invoice in our system.
Please place my account xxxxxxxxxxx under IB 350149.
FBS Cashback Details
(per 1 lot, $)
(per 1 lot, $)
FBS is a Forex broker that offers online trading services for individuals who want to invest in the financial markets. The company was founded in 2009 and has since grown to become a well-known and respected broker in the industry, with offices in various countries around the world.
One of the main advantages of FBS is the wide range of trading instruments available to its clients. The broker offers over 40 currency pairs, as well as CFDs on stocks, indices, commodities, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of different market opportunities.
Another strength of FBS is the range of account types available. The broker offers six different account types, including Cent, Micro, Standard, Zero Spread, ECN, and Crypto. Each account type has its own specific features and trading conditions, allowing traders to choose the one that best suits their needs and preferences.
FBS also offers a variety of trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as a proprietary mobile trading app. These platforms are user-friendly and feature a wide range of tools and indicators that can help traders analyze the markets and make informed trading decisions.
In terms of regulation, FBS is licensed and regulated by the International Financial Services Commission (IFSC) in Belize, as well as the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. This provides traders with an added layer of security and ensures that the broker operates in a transparent and ethical manner.
Overall, FBS is a reputable and reliable Forex broker that offers a range of trading instruments, account types, and platforms to suit the needs of different traders. While no broker is perfect, FBS has built a solid reputation in the industry and continues to attract new clients from around the world.
FBS Trading Accounts
FBS offers six different types of trading accounts to suit the needs of different traders. These accounts vary in terms of their minimum deposit requirements, trading conditions, and features. Below is a brief overview of each account type:
- Cent Account - This account is designed for beginners who want to start trading with a small deposit. The minimum deposit requirement is $1, and traders can trade in micro-lots (0.01 of a standard lot). Spreads start from 1 pip, and there is no commission charged.
- Micro Account - This account is also designed for beginners, but with slightly more favorable trading conditions. The minimum deposit requirement is $5, and traders can trade in micro-lots. Spreads start from 3 pips, and there is no commission charged.
- Standard Account - This account is suited for more experienced traders who want to trade with larger volumes. The minimum deposit requirement is $100, and traders can trade in standard lots. Spreads start from 0.5 pips, and there is no commission charged.
- Zero Spread Account - This account is designed for traders who want to benefit from tight spreads with no markups. The minimum deposit requirement is $500, and traders can trade in standard lots. There is no spread charged, but a commission of $20 per lot is applied.
- ECN Account - This account is suited for advanced traders who want to trade in a true ECN environment. The minimum deposit requirement is $1,000, and traders can trade in standard lots. Spreads start from 0 pips, and a commission of $6 per lot is applied.
- Crypto Account - This account is designed for traders who want to trade cryptocurrencies with favorable trading conditions. The minimum deposit requirement is $100, and traders can trade in standard lots. Spreads start from 0.01 pips, and there is no commission charged.
Each account type comes with its own specific features and trading conditions. Traders can choose the account that best suits their needs and preferences, and can switch between account types at any time.
Below is a table with the full specification of FBS trading accounts.
FBS Swap-Free accounts
FBS offers swap-free accounts, also known as Islamic accounts, for traders who follow the Islamic faith and want to comply with Shariah law. These accounts operate without any swap or rollover charges, which are interest payments on positions held overnight, and are designed to provide a halal trading environment.
Swap-free accounts are available for all of FBS's account types, including Cent, Micro, Standard, Zero Spread, ECN, and Crypto accounts. To open a swap-free account, traders need to submit a request to FBS's customer support team and provide proof of their faith.
Traders with swap-free accounts are still able to trade in all of the available instruments offered by FBS, including currency pairs, commodities, and CFDs. The trading conditions and spreads are the same as those of regular accounts, but with no swap charges.
It's important to note that while swap-free accounts do not incur any swap charges, they may be subject to other fees or charges, such as commissions, spread markups, or other trading fees. Traders should carefully review the terms and conditions of the swap-free account before opening an account.
Overall, FBS's swap-free accounts are a good option for traders who want to trade in a halal trading environment that is compliant with Shariah law. With no swap or rollover charges, these accounts allow traders to hold positions for longer periods of time without incurring additional costs.