FBS demo account is free for beginners to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any risks or losses. FBS practices forex trading in a 100% risk-free environment.
FBS at a Glance
| Broker's Name | FBS |
| 🏛️ Headquartered | Cyprus |
| 👋 FSCA License nr | 50885 |
| 🏦 Accounts | Cent account; Micro account; Standard account; Zero Spread account; ECN account; Crypto account |
| 💰 Bonus | Open any one of the Level Up accounts and receive $140 / ZAR 2240 bonus |
| 📅 Year Founded | 2009 |
| ⚖️ Regulating Authorities | IFCS, CySEC, ASIC, FSCA |
| 🌐 Countries not accepted for trade | Japan, USA, Canada, UK, Myanmar, Brazil, Malaysia, Israel and the Islamic Republic of Iran |
| ☪️ Islamic account (swap-free) | Yes |
| 💹 Sign up Bonus | $140 |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:3000 |
| 💰 Minimum Deposit | R18 ZAR / $1 |
| 💳 Deposit Options | Neteller; Sticpay; Skrill; Perfect Money |
| 💳 Withdrawal Options | Neteller; Sticpay; Skrill; Perfect Money |
| 💻 Platform Types | MT4, MT5 |
| 📱 OS Compatibility | Android, Apple iOS, Web, Windows, macOS, Multiterminal |
| 📈 Tradable assets offered | Forex, commodities, bonds, shares, indices, stocks, CFDs, metals, energies |
| 👨💼 Languages supported on Website | Deutsch,English,Español,Français,Italiano,Português |
| 👥 Customer Support Languages | Deutsch,English,Español,Français,Italiano,Português |
| 📆 Customer Service Hours | 24/5 |
Min Deposit
USD $5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App
Crypto
Yes
Over 27 000 000+ Traders
FBS Demo Account – 8 key points quick overview:
- ☑️FBS at a Glance
- ☑️FBS Demo Account Features
- ☑️Quick Overview of our FBS Demo Account Review
- ☑️How to set up an FBS Demo Account – Step by Step
- ☑️FBS Crypto Currencies
- ☑️FBS Pros and Cons
- ☑️Our Findings
- ☑️FBS Conclusion
- ☑️Frequently Asked Questions
FBS Demo Account Features
One of the most striking advantages that FBS offers to traders, is that any of the live trading accounts that it offers have the option of a demo account, allowing traders to fully explore what FBS offers in a mimicked live trading environment.
Traders are also offered flexible initial virtual funds and leverage ratios, and in addition, traders are given access to the powerful trading platforms offered and supported by FBS.
A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
However, demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what the broker has to offer.
How to set up an FBS Demo Account – Step by Step
Setting up a demo account with FBS is an easy and straightforward process that consists of the 5 following steps:
1. Step 1 – Select Open account Option
On the FBS website navigate to Financials and select “Open Account”
2. Step 2 – Complete Information
Provide an email address, and full name, and select ‘register as a trader. Alternatively, to provide contact information, traders can select the option to register using Facebook, Google, or Apple ID
3. Step 3 – Select Demo Account
Select the option to ‘proceed’ and the account types will open then select the Demo option.
4. Step 4 – Select your Account type
Select the account type you would like to explore
5. Step 5 – Start trading
Complete the requested information and select ‘open account’ to start trading.
To start trading on Demo account on Metatrader 4 or Metatrader 5 platforms
- Log in, and select a demo account.
Min Deposit
USD $5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App
Crypto
Yes
Over 27 000 000+ Traders
FBS Crypto Currencies
A look at the cryptocurrency trading pairs that FBS has available:
| 💳 Crypto | 🌐 Description | 💳 Crypto | 🌐 Description |
| 💰 ADAUSD.cc | Cardano vs US Dollar | 💰 ALGUSD.cc | Algorand vs US Dollar |
| 💰 AVAUSD.cc | Avalanche vs US Dollar | 💰 BATUSD.cc | Basic Attention Token vs US Dollar |
| 💰 BCHUSD.cc | Bitcoin Cash vs US Dollar | 💰BNBUSD.cc | Binance Coin vs US Dollar |
| 💰 BTCUSD.cc | Bitcoin vs US Dollar | 💰 DOGUSD.cc | Dogecoin vs US Dollar |
| 💰 DOTUSD.cc | Polkadot vs US Dollar | 💰 DSHUSD.cc | Dash vs US Dollar |
| 💰EOSUSD.cc | EOS vs US Dollar | 💰ETCUSD.cc | Ethereum vs US Dollar |
| 💰FILUSD.cc | Filecoin vs US Dollar | 💰IOTUSD.cc | IOTA vs US Dollar |
| 💰LNKUSD.cc | Chainlink vs US Dollar | 💰LTCUSD.cc | Litecoin vs US Dollar |
| 💰MKRUSD.cc | Maker vs US Dollar | 💰MTCUSD.cc | Polygon vs US Dollar |
| 💰NEOUSD.cc | NEO vs US Dollar | 💰OMGUSD.cc | Omisego vs US Dollar |
| 💰SHBUSD.cc | SHIBA vs US Dollar | 💰SOLUSD.cc | Solana vs US Dollar |
| 💰TRXUSD.cc | TRON vs US Dollar | 💰UNIUSD.cc | Uniswap vs US Dollar |
| 💰VECUSD.cc | VeChain vs US Dollar | 💰XLMUSD.cc | Stellar vs US Dollar |
| 💰XMRUSD.cc | Monero vs US Dollar | 💰XRPUSD.cc | Ripple vs US Dollar |
| 💰ZECUSD.cc | ZCash vs US Dollar |
FBS Pros and Cons
| ✔️ Pros | ❌ Cons |
| All account types are available as demo accounts | None noted |
| MetaTrader offered by FBS | |
| Sign-up is quick and hassle-free | |
| Traders can register using social media credentials |
Our Findings
Although the demo account which FBS provides free comes with virtual funds that are just perfect for those at a levels where they need to practice trading on forex without risks involved such as loss of money it is capable of simulating market liquidity according to its operational parameters in order to expose traders some factors affecting their own orders among other things; however these areas do not exist include but no limited by sch as well:tutorial In addition all other competing services (aka functionalities) are represented by infinite options we got through several libraries made available by our skilled traders who managed it through complex dot com applications which are put together around C# that was simply excellent because he could not afford anything else unless he merchants data effectively whenever necessary. The main reason behind using demo accounts is that new traders may lack awareness of psychological aspect in actual trading. This could be the reason why many traders fail in this venture despite their effective trading strategies.
FBS Conclusion
FBS does offer a free demo trading account for beginners to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any risks or losses. FBS practices forex trading in a 100% risk-free environment.
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Frequently Asked Questions
Can traders from South Africa open an FBS demo account?
Yes, an FBS demo account can be opened by traders based in South Africa.
For how long is the FBS demo account valid?
- Demo accounts opened directly from MetaTrader 4 – 25 days.
- Standard and Cent Account – 40 days.
- ECN, Zero Spread, and Micro Account – 45 days.
- Demo accounts for MetaTrader 5 can be archived and/or deleted in a period according to the discretion of FBS.
Does FBS offer a demo account?
FBS demo account is available for traders to practice trading, test trading strategies, explore platforms and offers, and more.
Which live trading accounts does FBS offer?
Standard Account, Cent Account, Micro Account, Zero Spread Account, ECN Account, and Crypto Account.
Is the demo account from FBS rigged?
No, according to our demo trading experience with FBS it cannot be concluded that this account is rigged.
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