Types of FBS accounts, the differences between them, the advantages and disadvantages of each account

FBS Account Types

FBS is one of the leading forex brokers worldwide, offering a diverse range of trading accounts to cater to traders of all experience levels. Below, we provide a detailed overview of the available account types offered by FBS:
 


1. Cent Account:

This account is ideal for beginners who want to experience real-money trading while minimizing risk. It allows trading in cent units, meaning that deposits and profits are calculated in cents, which reduces the overall risk exposure.
    •    Minimum deposit: $1
    •    Variable spread: Starts from 0.7 pips
    •    Leverage: Up to 1:3000
    •    Allowed strategies: All trading strategies and tools are permitted

 

2. Standard Account:

Suitable for experienced traders looking for standard trading conditions.
    •    Minimum deposit: $5
    •    Variable spread: Starts from 0.7 pips
    •    Leverage: Up to 1:3000
    •    Allowed strategies: All trading strategies and tools are permitted

All these accounts support Islamic (swap-free) trading, which excludes overnight interest fees, making them suitable for Muslim traders.

Additionally, FBS provides demo accounts for new traders to test the platform before engaging in live trading.

Choosing the Right Account

Selecting the appropriate account depends on your experience level and trading goals. It is always recommended to read the terms and conditions of each account and contact FBS customer support for further guidance and information.

FBS Customer Support Contact Information:
    •    Email: support@fbs.com
    •    Phone: +357 25313540
    •    Fax: +357 25313541
    •    Address: Vasileos Georgiou A 89, Office 101, Potamos Germasogeias 4048, Limassol, Cyprus

FBS offers 24/7 multilingual support, including Arabic, to ensure prompt assistance for all traders.

To learn about the new features of FBS, you can contact the OLX Forex support team here to learn about the latest offers from FBS.

 

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