From what I know, FBS has different trading account types....

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Daisy Dawson
Jul 5, 2022

From what I know, FBS has different trading account types. But I saw that they also provide a professional account. I wonder what is the difference between professional accounts and other accounts? Is there any special feature I can get by upgrading to a professional account? Lastly, is there any difference in the minimum deposit amount for this account?

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Zack
Nov 22 2023

Hey, @Daisy! FBS offers a variety of trading accounts, including Cent, Standard, Zero Spread, and ECN. The Professional account is tailored for experienced traders and can be either a Standard, Zero, or ECN account. For beginners, Cent accounts are recommended due to lower initial investment requirements. Standard accounts strike a balance between novice and pro levels, sharing order conditions with Zero and ECN accounts. Is there any special things that you will get? Of course! And what you can feel directly between those accounts are the spread and commission! 

Regarding minimum deposits:

  • Cent account requires only $1 with a max leverage of 1:1000 and starts with a 1-pip spread, no commission.
  • Standard account has a $100 minimum deposit, max leverage of 1:3000, 0.5-pip spread, and no commission.
  • Zero Spread account starts at a $500 minimum deposit, 0-pip spread with a $20/lot commission, and max leverage of 1:3000.
  • ECN account necessitates a $1,000 minimum deposit, offers a max leverage of 1:500, starts with a -1 pip spread, and charges a $6 per lot commission.

For more details about each accounts that offered, visit the FBS site here.

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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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