Types of Trading Accounts at FBS

September 15, 2023

You must first have a trading account to play in the forex market. FBS broker provides five types of trading accounts that can be selected according to your needs. What are they?

Currently, the FBS broker provides five account types for forex traders:

1. Cent Account

This account is for learning purposes and is suitable for new traders entering the world of online forex trading for the first time.
The specifications of this account are:

  • Minimum deposit $1
  • Leverage up to 1:1000
  • The smallest lot starts from 0.01
  • Maximum Lot 1000 (with lot step 0.01)
  • Floating spreads start from 1 pip
  • Commission free
  • Fastest STP order execution starting from 0.3 seconds
  • 5-digit price quotation accuracy, no requotes
  • Swap-free option available
  • Local deposit and withdrawal options are available via Bank BCA, Bank Mandiri, BNI, BRI, and OCBC NISP

Opening a Cent Account

 

 

2. Standard Account

This account is suitable for traders with more experience who need speed and sharpness of execution in every trading activity.
Standard account specifications:

  • Minimum deposit $100
  • Leverage up to 1:3000
  • The smallest lot starts from 0.01
  • Maximum Lot 500 (with lot step 0.01)
  • Floating spreads start from 0.5 pips
  • Commission free
  • Fastest STP order execution starting from 0.3 seconds
  • 5-digit quote, no requotes
  • Swap-free option available
  • Local deposit and withdrawal options are available via Bank BCA, Bank Mandiri, BNI, BRI, and OCBC NISP

Opening a Standard Account

 

 

3. Zero Spread Account

This account is suitable for all types of traders and provides various trading opportunities in large and small volumes. The main advantage is that there is no spread to pay every time you buy/sell. Instead, clients using this account are charged a commission.
Full specifications:

  • Minimum deposit $500
  • Leverage sampai 1:3000
  • Lot terkecil 0.01
  • Maksimum Lot 500 (dengan lot step 0.01)
  • Spread tetap mulai dari 0 pip
  • Beban komisi mulai dari $20 per lot
  • Pemenuhan order STP tercepat mulai dari 0.03 detik
  • Akurasi kuotasi harga 5 digit, tanpa requote
  • Tersedia opsi Swap-free
  • Tersedia opsi deposit dan penarikan lokal via Bank BCA, Bank Mandiri, BNI, BRI, dan OCBC NISP

Opening Zero Spread Account

 

 

4. Akun ECN

With this account, traders are expected to be able to maximize all their trading techniques and systems because spreads are tight and market execution is based on the ECN system.
ECN account specifications at FBS broker:

  • Minimum deposit $1000
  • Leverage up to 1:500
  • The smallest lot starts from 0.1
  • Maximum Lot 100 (with lot step 0.1)
  • Floating spreads start from -1 pip
  • Commission $6
  • Local deposit and withdrawal options are available via Bank BCA, Bank Mandiri, BNI, BRI, and OCBC NISP

Opening an ECN Account

 

 

5. Micro Account

FBS presents a micro account for traders who want to calculate their earnings on forex trading as precisely as possible.
Micro account specifications at FBS broker:

  • Minimum deposit $5
  • Leverage up to 1:3000
  • The smallest lots start from 0.01 to 500 lots
  • Maximum Lot 200 (with lot step 0.01)
  • Fixed spreads start from 3 pips
  • There is no commission
  • Market Execution starts from 0.3 sec, STP.
  • Local deposit and withdrawal options are available via Bank BCA, Bank Mandiri, BNI, BRI, and OCBC NISP

Opening a Micro Account

FBS Review

FBS is a popular broker on a global scale. Apart from providing low spreads and market execution of 0.3 seconds, this broker has a minimum deposit of just $1. More

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