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FBS Account Types: A Simple Guide for Beginners

Are you interested in Forex trading on FBS but would like to know which type of account you should choose?

Are you interested inForex trading on FBS but want to know which type of account you should choose?Don't worry! This article will help you do just that。

Whatever trading strategy you use,FBS has a variety of account types for traders to choose from.。These account types include sub-accounts, small accounts, standard accounts, zero spread accounts, andECN accounts, each with its own unique features。Various account types are designed to meet the specific needs of traders。Now let's discuss the accounts。

FBS帐户类型:初学者简易指南

CentAccount

This is for those who have just started their trading journey and are still struggling to understand how the market works。A cent account can be used without any commission.$1 to trade。The available leverage of the account is up to 1: 1000, which means that traders can control up to $10 of trading capital, while only 1%。In addition, the FBS sub-account is characterized by a floating spread from 1。

Small Account

This account type provides higher leverage than the score account (1: 3000), and a fixed spread of 3 points。But similar to the cent account, no commission is charged for transactions made on that account。The maximum number of open positions and pending orders is 200, the same as the cent account, while the minimum deposit is $5。

Overall,FBS small accounts are very similar to sub-accounts, with the main differences being available leverage, spread type and minimum deposit。

Standard Account

This is a very common type of account, with a minimum deposit ofThe $100 trader offers a degree of flexibility。It is characterized by a floating spread from 0.Start at 5: 00, no commission, leverage up to 1: 3000。

Since 2009, FBS Holding Inc.or FBS's actions in the field of foreign exchange trading are recognized by various international institutions。As of 2019, FBS has 14 million clients and has won many awards such as the most transparent forex broker in 2018, the best investor education in 2017, the best customer service broker in Asia in 2016, and the IB forex program.。

FBS is regulated by IFSC Belize and CySEC Cyprus。The broker is trusted by millions of traders and 370,000 partners from various countries.。According to their data, FBS gets around 7,000 new trader and partner accounts every day.。Moreover, 80% of customers stay in FBS for a long time。No wonder brokers are growing fast due to the phenomenal growth in the number of clients。

Trading products offered by FBS include foreign exchange, CFDs, precious metals and equities.。For Forex trading, CySEC-regulated FBS offers up to 1: 30 leverage on Cent and Standard accounts。Customers who want to try higher leverage can choose toFBS Belize Registered Account。

In all types of accounts, the spreads provided fromStart at 1: 00。On standard accounts, bulk orders can be taken from 0.01 to 500 batches。Therefore, this account is recommended for experienced traders。

And inOn the Cent account, bulk orders can be made with batches of up to 500 cents or batches equivalent to 5 standard batches。Cent accounts involve different levels of risk。FBS recommends Cent accounts for beginners。All account types support the following trading instruments: 28 currency pairs and 2 metals。

Before entering the real Forex market, traders can use thePractice with an FBS demo account, which consists of two types, namely a standard account and a cent account。

FBS uses the MetaTrader 4 and MetaTrader 5 platforms。They're inThey are available on Windows and Mac as well as Android and iOS phones。These platforms provide traders with a trading experience at their fingertips, enabling traders to trade as traders anytime, anywhere。

The MetaTrader platform also features a variety of key features, including the possibility to create, purchase and use Expert Advisors (EA) and scripts, one-click trading and embedded news, technical analysis tools, the possibility to copy the trades of other traders, hedging positions and VPS service support。

Another advantage offered by FBS is a 100% deposit bonus for customers who meet certain requirements。The process of depositing and withdrawing funds can run easily and quickly。According to the client's testimony, except for holidays, each process usually does not exceed3-4 hours。

To improve the security of client funds,FBS also offers segregated accounts where 70 per cent of funds can be deposited with customer banks。This broker also shows something unique; 10% to 100% margin。If a trader loses funds in a trade but is insured, FBS will refund the trader's funds。

Traders are working withFBS also has the opportunity to develop a side business when trading, i.e. as an introductory broker (IB) or related party。The FBI Partnership System offers partner commissions for positions already held at Level 3。Traders receive additional income only if they follow specific procedures to introduce new customers to FBS。

Traders will alsoFBS Gain Trading Education Experience。They prepared a comprehensive forex course。The course consists of 4 levels: beginner, beginner, intermediate and experienced。Traders can take courses that transform them from novice to professional。All materials are well structured。In addition, FBS offers a variety of forex analysis, webinars, forex news and daily market analysis that can be easily accessed on its website。

Traders can choose to access through multiple languagesFBS Website。Of course, this will increasingly provide comfort to traders。Available languages include English, Dutch, Italian, French, Portuguese, Indonesian, Spanish and other languages。Live chat support is also available 24 / 7。

Anyway,FBS is a well-known broker among retail traders around the world。It has evolved to become the broker of choice due to flexible trading conditions that enable its clients to trade with a variety of instruments, low deposits and other trading advantages。

Zero spread account

This account type is ideal for traders who prefer high-speed trading but have no interest in covering the cost of spreads.。The minimum deposit requirement for this account is$500, with a fixed spread of 0 pips, hence the name。It is characterized by a commission of $20 per lot, a leverage ratio of 1: 3000, and a market execution time from 0.3 seconds to start。

ECNAccount

这个FBS accounts are ideal for traders who want to experience the full functionality of ECN technical trading。With this type of account, buyers and sellers can transact without any intermediary。ECN accounts offer traders certain benefits such as positive spreads, highest speed market execution and multiple liquidity providers。In addition, there is no limit to the types of trading strategies that can be used on this account, while the maximum number of orders is unlimited。

Account Comparison

Now let's compare the accounts to better understand, which will help you choose the bestFBS Account Type。

Cents and Standard Accounts

These two accounts are very popular among traders, and although they are similar, there are some obvious differences between them。They are all commission-free, but their minimum deposits are different, with a minimum deposit of$1, with a minimum margin of $100 for a standard account。

In addition, the maximum positions and the number of pending orders for both accounts are200, but they provide different leverage。Sub-accounts provide up to 1: 1000 leverage, while FBS standard accounts have 1: 3000 leverage。

Zero spread vs.ECNAccount

at allOf the FBS account types, these two accounts have the highest minimum deposit requirements, as the zero spread account is $500 and the ECN account is $1,000。Zero spread has a commission of $20 per lot, while the commission for ECN accounts is fixed at $6。In terms of the available leverage of the two accounts, there is a big gap with the 1: 3000 provided by zero spread, while the leverage of the ECN account is 1: 500, which is the smallest of all FBS accounts。Zero spread accounts offer 35 currency pairs, while ECN accounts offer only 25。

In short, as a trader, the most important thing is to clearly define your trading objectives, as this will make it easier for you to choose the type of account that best suits you。

Speaking ofFBS, it would be no fun to reveal its trading characteristics without comparing it to other popular brokers。One such content can be explored in FBS or XM: Which forex broker is better for beginners?

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