Best crypto account
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Best crypto account

Alfredo Mcdonald September 8, 2022 Broker: FBS 2

FBS has a special crypto account on its official website, so I guess I have to open a new account to trade crypto? Can it be connected to another trading account such as the zero spread account? Because that seems to be a hassle. If there is any explanation for this I would be glad.

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Galuh November 27, 2023 Neutral

@Alfredo, No, it's merely for promotional purposes. Clicking on the FBS crypto link on the website redirects you to the details of the FBS Standard Account. It's important to understand that when brokers advertise trading services, including crypto, these activities are consolidated within the account types they offer, such as micro, standard, or professional accounts. However, due to the heightened risk associated with crypto trading, access to these services may be restricted to specific account types. In FBS, acquiring crypto trading capabilities necessitates opening at least a standard account with a minimum deposit of $5.

Regarding the connection between different accounts, there is no linkage. Each account operates independently, and this is a standard practice among brokers, including FBS. Having multiple accounts that share the same source of deposit would create confusion and make your trading activities challenging to manage. I hope this clarifies your query!

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