Discover FBS's competitive fees with spreads from 0.7 pips, no deposit/withdrawal or inactivity fees, and transparent pricing on forex, indices, and commodities
FBS Fees and Charges Overview
FBS offers a competitive fee structure with commission-free trading accounts and floating spreads starting from 0.7 pips on major currency pairs like EUR/USD, with an average spread of 0.9 pips. FBS does not charge any internal deposit or withdrawal fees, although third-party payment processors may apply their own charges. There are no inactivity fees, making FBS cost-effective for traders who may take breaks from trading. While spreads are competitive on forex pairs and stocks, index spreads, such as 5.92 points on the Dow Jones 30, can be slightly higher. This transparent fee structure makes FBS an attractive option for all types of traders.
FBS Trading Fees
FBS offers competitive trading fees, with trading accounts operating on a commission-free basis. Traders benefit from floating spreads starting as low as 0.7 pips on major forex pairs like EUR/USD, while the average spread typically hovers around 0.9 pips. FBS also provides access to leverage up to 1:3000, allowing for increased trading flexibility. For indices, such as the Dow Jones 30, spreads can be slightly higher, averaging around 5.92 points. With no hidden charges and transparent pricing, FBS ensures that traders can engage in cost-effective trading across a wide range of instruments.
FBS Non-Trading Fees
FBS maintains a client-friendly approach with minimal non-trading fees, enhancing its cost-effectiveness. The broker does not charge internal deposit or withdrawal fees, although third-party payment providers may apply their own fees for transactions. Additionally, FBS does not impose any inactivity fees, making it suitable for traders who may take breaks from trading. There are no hidden charges, and FBS remains transparent about any potential external fees that might occur through payment processors. This low-cost structure for non-trading activities ensures that FBS remains a budget-friendly option for traders seeking to minimize overhead costs.
FBS Withdrawal Fees
FBS does not charge any internal withdrawal fees, ensuring that traders can access their funds without incurring additional costs. However, third-party fees may apply, depending on the withdrawal method chosen. Payment processors like Skrill, Neteller, or traditional bank transfers may impose their own charges or currency conversion fees. FBS processes most withdrawal requests within 15 to 48 hours, ensuring a quick and efficient process. Traders should review the fees from their payment providers before making withdrawals to avoid unexpected costs. This transparent approach makes FBS a favorable broker for minimizing withdrawal fees.
FBS Deposit Fees
FBS does not charge any internal deposit fees, allowing traders to fund their accounts without incurring additional costs. However, third-party payment processors, such as Visa, Mastercard, Skrill, Neteller, or cryptocurrency providers like Bitcoin and USDT, may apply their own fees or currency conversion charges. Most deposits are processed instantly, ensuring swift access to trading funds. While FBS aims to keep deposits cost-free, traders should always check with their payment provider for any potential third-party fees. This transparent fee structure makes FBS an attractive option for cost-conscious traders.
FBS Swap and Overnight Fees
FBS charges swap and overnight fees for positions held open past the trading day, depending on the asset being traded. These fees are calculated based on the difference in interest rates between the currency pairs or other assets and are applied daily. Traders can find detailed information about the swap rates on the FBS trading platform. For those seeking swap-free options, FBS offers an Islamic account that eliminates overnight fees in compliance with Sharia law. This account type is ideal for traders who wish to avoid swap charges while maintaining active positions overnight.
FAQs
What are FBS's typical spreads on forex pairs?
FBS offers competitive floating spreads starting from 0.7 pips on major forex pairs like EUR/USD, with average spreads typically around 0.9 pips.
Are there any deposit or withdrawal fees with FBS?
FBS does not charge any internal deposit or withdrawal fees. However, third-party payment providers may impose their own charges or currency conversion fees.
Does FBS charge inactivity fees?
No, FBS does not charge inactivity fees, allowing traders to leave their accounts inactive without incurring additional costs.
What are FBS’s swap and overnight fees?
FBS charges swap and overnight fees for positions held beyond the trading day, calculated based on interest rate differentials. Traders can view specific rates within the platform.
How fast are FBS withdrawals processed?
FBS processes withdrawals within 15 to 48 hours, although third-party providers may take additional time based on their processes.
Are there fees for trading commodities or indices?
Yes, FBS applies spreads on commodities and indices. For instance, the spread on the Dow Jones 30 averages 5.92 points, which is slightly higher than industry standards.
Published by:
Jaxon Maddox