There are 5 fbs account types. They are Cent, Micro, Standard, Zero spread, and ECN accounts. The account opening balances are respectively $1, $5, $100, $500 and $1000.
1. Cent account
2. Micro account
3. Standard account
Standard account is one of the popular FBS account types. It is the only account which European traders use to trade with FBS.
The amount required to open an account is $100 and the maximum leverage is 1:3000.
The floating spread for this account starts from 0.5 pips.
Concerning the EU clients, the account opening balance is €100 and the spread starts from 1 pip. The maximum leverage is 1:30.
4. Zero spread account
5. ECN account
ECN account is designed for traders who wish to experience the power of the ECN technology.
This kind or account is suitable for traders who wish to take their trading experience to the next level.
The floating spread starts from 1 pip and the opening balance is $1000.
The commission is charged at $6 and the leverage is 1:500.
6. Demo Account
The Demo Account is one of the best fbs account types. FBS offers it for all account types. This allows traders to simulate the real conditions of the market in a risk-free environment. The demo account can be opened with any amount of virtual funds.
Indeed, FBS offers 5 account types that fit within the needs of any trader. Besides, FBS demo account offers the opportunity for newbies to excel in their strategy without actually losing their money.