- يونيو 28, 2021
- Posted by: ForexTradeOn
- Category: FBS broker review
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Pros |
Cons |
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Withdraw fees on most of the options |
Introduction
FBS is an online forex and CFD broker that’s founded in 2009. It’s operated by Tradestone Ltd and regulated by the Cyprus Securities and Exchange Commission (CySEC) and the International Financial Services Commission of Belize (IFSC).
Account Currencies
The FBS account has 2 main account currencies which are EUR or USD.
Notes:
- All EU clients can usually enjoy fee-free deposits and withdrawals.
- You will not be charged with conversion fees if your account has the same currency with your bank account or when you trade assets with the same currency of your account.
- If you want to avoid being charged with conversion fees, you can open a multi-currency bank account at a digital bank.
Deposit
FBS supports a number of deposit options which are:
- Visa
- Neteller
- Stic PAY
- Skrill
- Perfect Money
Along with the previous deposit options you can also use local exchangers.
The following table shows the fees and commissions of each option.
FBS Deposit Options and Fees
|
Method |
Accepted Currency |
Fees |
Transfer Time |
|
Visa |
EUR USD |
$0 |
Instant |
|
Neteller |
EUR, USD |
$0 |
Instant |
|
SticPay |
USD |
2,5% + $0,3 Commission |
Instant |
|
Skrill |
EUR, USD |
$0 |
Instant |
|
Perfect Money |
EUR, USD |
Commission may apply for current payment system |
Instant |
Time
Transfer time for all deposit options is instant with no delay.
Withdrawal
FBS provides the same methods of the deposit options for withdrawals as the following:
- Visa
- Neteller
- SticPay
- Skrill
- Perfect Money
Along with the previous deposit options you can also use local exchangers.
FBS Withdrawal Options and Fees
|
Method |
Accepted Currency |
Fees |
Transfer Time |
|
Visa |
EUR USD |
$1 |
15-20 minutes (max 2 days). Processing by bank may take up to 5-7 days |
|
Neteller |
EUR, USD |
2%, min – 1$, max – 30$ Commission |
15-20 minutes (max 48 hours) |
|
SticPay |
USD |
2,5% + $0,3 Commission |
15-20 minutes (max 48 hours) |
|
Skrill |
EUR, USD |
1% + 0.32$ Commission |
15-20 minutes (max 48 hours) |
|
Perfect Money |
EUR, USD |
0,50% Commission |
15-20 minutes (max 48 hours) |
Time
All withdrawal options happen within the first 48 hours except for the Visa as it may be processed by the bank within 5 business days.
Note:
For security reasons, you may have to verify your identity with the payment department for the first time through the registered email or the phone number.
FAQs
- Does FBS allow bot trading?
- Yes, it does allow bot trading.
- Does FBS provide an islamic account?
- You can choose any of the swap free accounts like the Cent, Micro, Standard, or Zero spread accounts. All of the previous accounts have an option of swap-fee.
- Does FBS give a bonus?
- Yes, it has up to $140 as a welcome bonus.
- Does FBS allow scalping?
- Yes, FBS does allow trade with scalping.
- What is an FBS Trader?
- It’s a mobile trading platform for FBS broker that’s available on both Android and IOS.
- Can I open more than one trading account?
- Yes, you can open up to 10 accounts of each type within one Personal area if 2 conditions are accomplished:
- Your Personal Area is verified
- The total deposit to all your accounts is $100 or more.
- How to enable the swap-free option in my account?
- Steps:
- Open your account
- Activate the swap-free feature
- Trade and get profit