FBS Standard Account Review🔍 Know its Features, Pros & Cons

FBS Standard Account Review

In this in-depth FBS Standard account review, we will explore its key features, such as its flexible leverage options, a wide range of tradable assets, and a user-friendly trading platform. Additionally, we will delve into the advantages of this account, including tight spreads, fast execution, and a host of educational resources to support traders in their journey.

Whether you are new to trading or a seasoned professional, this review will provide valuable insights to make an informed decision about FBS Standard Account.

What Is The FBS Standard Account?

The FBS Standard account is a trading account offered by FBS, a well-known global forex broker.

It is a very flexible trading account that is a good option for beginners only starting on the trading path and also suits more experienced traders with higher demands. 

Features Of The FBS Standard Account

🏅FeatureFBS Standard Account
💰 Minimum Deposit$1 / R 16 ZAR
💵 Floating spreadsfrom 0.7 pips
💸 CommissionZero-commission trading
⚖ Leverage1:3000
🧾 Open positionsMax 200
🚀 Order volumesfrom 0.01 up to 500 lots, with 0.01 steps
📅 Market executionfrom 0.3 seconds, straight-through processing (STP)
📱 PlatformMT4, MT5, FBS Trader
🌐 Trading Instruments36 Forex pairs, 8 metals, 3 energies, 11 indices, 127 stocks, 5 crypto pairs
☑ Open Account👉 Click here
  • Flexible Leverage

The FBS Standard account offers flexible leverage options ranging from 1:1 to 1:3000, allowing traders to amplify their potential profits while managing their exposure to risk. This flexibility is especially beneficial for traders who have different risk tolerance levels or trading strategies.

  • Wide Range Of Tradable Assets

Moreover, the FBS Standard Account offers a wide range of tradable assets, including major currency pairs, commodities, indices, and cryptocurrencies. This diverse selection allows traders to diversify their portfolios and take advantage of various market opportunities.

  • Trading Platforms

FBS offers the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms for the Standard Account. These platforms are known for their user-friendly interfaces, advanced charting capabilities, and extensive range of technical analysis tools.
Traders can also enjoy the convenience of mobile trading through the FBS mobile app, available for both iOS and Android devices.

  • Spreads and Commissions

The FBS Standard Account operates on a spread-based system, meaning that traders pay the difference between the bid and ask price for each trade. The spreads can vary depending on market conditions but generally start from 1 pip. FBS does not charge any additional commissions on standard accounts, making it cost-effective for traders.

How To Open The FBS Standard Account

Opening a Standard account is easy. Simply follow these steps.

  1. Click here to go to the FBS account registration page.
  2. Enter your email and full name and click on ‘Register as trader

    FBS cent account opening
  3. Verify your email and proceed to set up your account. Choose the trading platform you want between mt4 & mt5. Select your account currency and preferred leverage. Then click on ‘ Open Account

  4. Save your Standard account login details after they appear on the screen. These details will be shown only once so make sure you save them somewhere safe to avoid challenges when you want to log in.

    FBS cent account login details
  5. Deposit funds and download your trading platform. Log in using the credentials you saved in the step above. Upload your account verification documents and then start trading.

FBS Standard Account Fees & Commissions

FBS Standard Account comes with competitive fees. The account does not charge any additional commissions on trades, and the fees are included in the spreads.

This means that traders can focus on their trading strategies without worrying about additional costs eating into their profits. The tight spreads offered by FBS Standard Account ensure that traders get the best possible prices for their trades.

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It's important to note that while FBS Standard Account offers competitive trading costs, traders should be aware of potential overnight fees or swap charges for holding positions overnight.

These fees vary based on the instrument traded and market conditions. It is advisable for traders to familiarize themselves with the relevant fees and charges before engaging in overnight positions.

FBS Standard Account trading conditions

The FBS Standard Account offers competitive trading conditions that ensure a seamless trading experience. The account allows for both instant and market execution, giving traders the flexibility to choose the execution method that suits their trading strategies.

With instant execution, orders are executed at the price displayed on the trading platform, while market execution ensures orders are executed at the best available market price.

The account also supports hedging and scalping strategies, giving traders the freedom to implement their preferred trading techniques.

FBS Standard Account customer support

Our FBS Standard Account review found that FBS provides excellent customer support to assist traders with their queries and concerns. The platform offers 24/7 customer support through various channels, including live chat, email, and phone.

The multilingual support team ensures that traders from different regions can communicate effectively and receive prompt assistance.

Traders can rely on the FBS support team to provide assistance with account-related inquiries, technical issues, and general trading questions.

Whether you need help with navigating the trading platform or understanding specific trading features, the FBS support team is dedicated to providing timely and helpful support to ensure a smooth trading experience.

Pros & Cons Of The FBS Standard Account

Conclusion: Is FBS Standard Account the right choice for you?

In conclusion, this FBS Standard Account review found that the account offers a solid foundation for traders looking to participate in the dynamic forex market with the support of a reputable broker.

It has a range of features and advantages that make it a compelling choice for traders. With its flexible leverage options, a wide range of tradable assets, and a user-friendly trading platform, the account caters to the needs of both beginner and experienced traders.

The tight spreads, fast execution, and educational resources further enhance the trading experience and support traders in their journey.

However, it's important to note that every trader has unique requirements and preferences. Before opening an FBS Standard Account, consider your trading goals, risk tolerance, and desired trading strategy.

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A major drawback of the FBS Standard account is that it doesn't have a rand base currency which may mean that traders in South Africa will have to endure currency conversion costs when using it.

Additionally, conduct thorough research, evaluate user reviews, and compare the account with other options in the market to ensure it aligns with your specific needs.

Overall, the FBS Standard Account is undoubtedly a popular choice among traders worldwide, but it's essential to make an informed decision based on your individual circumstances.

By considering the features, advantages, and trading conditions of the account, you can determine whether it is the right choice for you. Happy trading!

Other FBS Accounts To Consider

Frequently Asked Questions On The FBS Standard Account

What is the Standard account in FBS?

The FBS Standard account is a trading account offered by FBS, a reputable forex and CFD broker. It is designed to provide traders with access to a wide range of financial instruments and trading features.

What is the lot size in FBS standard account?

The minimum trade size with the FBS Standard account is 0.01 lots. One lot equals 100,000 units of a base currency, so 0.01 lots account for 1,000 units of the base currency.

What is the minimum deposit on the FBS Standard account

The minimum deposit is $1 (R16).

How much leverage can you get with FBS Standard account?

The Standard account offers leverage up to 1:3000

What are the spreads on the FBS Standard account?

The spreads on the FBS Standard account are floating spreads, which means that they can vary depending on market conditions. However, the spreads are typically very competitive, starting from 0.7 pips.

Are there any commissions charged on the FBS Standard account?

No, there are no commissions charged on the FBS Standard account. This means that you can keep more of your profits.

What trading platforms can I use with the FBS Standard account?

You can use the FBS Standard account with MetaTrader 4, MetaTrader 5, and FBS Trader. This gives you a choice of platforms, so you can choose the one that best suits your needs.

What financial instruments can I trade with the FBS Standard Account?

The account supports the following trading instruments: Forex, metals, indices, energies, Forex exotic, stocks, and crypto.

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