FBS Fees, Spreads and Commissions

FBS fees involve from $1 / R18,16 ZAR to $30 / R544,74 ZAR, floating & fixed spreads from 0.5 to 3 pips, and commission-free trading depending on the account you select. There is also an initial minimum deposit fee of $1 / R18,16 ZAR subject to the account you choose

FBS provides a flexible and competitive spread list where spreads are either fixed or floating, varying across the account types offered. The commissions that traders can expect are only applied to two account types. These spreads and commissions, as per each account type, are as follows:

Overall Rating

• 4.8/5

Read Review

Min Deposit

USD $5

Regulators

FSC, ASIC, CySEC

Trading Platform

MT4, MT5, FBS App

Crypto

Yes

Over 27 000 000+ Traders

Total Pairs

550+

Islamic Account

Yes

Trading Fees

Low

Account Activation

Instant

OPEN AN ACCOUNT

FBS Fees, Spreads & Commissions – 6 key points quick overview:

1. ☑️FBS Overview
2. ☑️FBS at a Glance
3. ☑️FBS Additional Trading Fees
4. ☑️FBS Broker Fees
5. ☑️FBS Pros and Cons
6. ☑️Our Findings
7. ☑️FBS Conclusion
8. ☑️Frequently Asked Questions

FBS Overview

The FBS spread list starts from a fixed 0.0 pips.

FBS provides a flexible and competitive spread list where spreads are either fixed or floating, varying across the account types offered. The commissions that traders can expect are only applied to two account types. These spreads and commissions, as per each account type, are as follows:

Fees, spreads, and commission per account type: 

• Standard Account – floating spreads from 0.5 pips and commission-free trading.
• Cent Account – floating spreads from 1 pip and commission-free trading.
• Micro Account – fixed spreads of 3 pips and commission-free trading.
• Zero Spread Account – fixed spreads of 0.0 pips and commissions of $20 / R 363,16 ZAR per lot.
• ECN Account – floating spreads from -1 pips and commissions from $6 /R 108,95 ZAR.
• Crypto Account – Commission on opening positions is 0.05% – floating spread from 1 pip

FBS at a Glance

FBS Additional Trading Fees

Overnight fees, also known as swap fees or swaps, originate when traders hold positions open for longer after the trading day has concluded. These fees can either be charged or credited, depending on whether the trader holds a long or short position.

Traders can find more information on such fees by consulting the trading instrument they wish to trade on FBS’ website, as these fees will differ between instruments and depending on the trader’s position.

Muslim traders are offered the option of converting four of the five live trading accounts offered into that of an Islamic Account. There are no additional costs indicated on the Islamic Account, however, traders must confirm this with the broker.

Overall Rating

• 4.8/5

Read Review

Min Deposit

USD $5

Regulators

FSC, ASIC, CySEC

Trading Platform

MT4, MT5, FBS App

Crypto

Yes

Over 27 000 000+ Traders

Total Pairs

550+

Islamic Account

Yes

Trading Fees

Low

Account Activation

Instant

OPEN AN ACCOUNT

FBS Broker Fees

FBS charges deposit fees on one payment method and withdrawal fees on most other methods. Traders must ensure that they acknowledge these fees before registering a live trading account.

Deposit fees: 

• Sticpay – commission of 2.5% and an additional $0.30 / R5,81 ZAR commission

Withdrawal fees:

• Credit/Debit Card – $1 / R18,16 ZAR commission.
• Neteller – 2% with a minimum commission of $1 / R18,16ZAR and a maximum of $30 / R544,74 ZAR.
• Sticpay – 2.5% along with a commission of $0.30 /R 5,45 ZAR.
• Skrill – 1% along with a $0.32 / R 5,81 ZAR commission.
• Perfect Money – 0.50% commission.

Traders have the option between either USD or EUR as the deposit currencies. However, traders must note that Sticpay only supports USD.

Traders also need to ensure that they verify additional broker fees which may be waived by their financial institution. FBS does not provide information on any other fees that traders could expect. It is therefore imperative that traders confirm all fees with the broker before registering an account.

The fees provided in this review are also subjected to change and there may be fees charged which have not been covered that traders must first confirm with FBS.

FBS is not a spread betting broker, so spread betting fees will not apply.

FBS Pros and Cons

Our Findings

FBS has two primary account types that determine fees: Standard and Pro. Standard accounts come with embedded fees via spreads usually at about 0.9 pips for Forex. Pro account holders benefit from narrower floating spreads averaging 0.6 pips for Forex although they also pay commissions valued at $3 per lot. Furthermore, different CFD fees exist within the spread range depending on asset classes like stocks or indices. A case in point is that individuals who engage in high volume trading are able to use part of their revenues to counterbalance some of the costs through the cashback scheme.

FBS Conclusion

FBS trading involves fees from $1 / R18,16 ZAR to $30 / R544,74 ZAR, floating & fixed spreads from 0.5 to 3 pips, and commission-free trading depending on the account you select. There is also an initial minimum deposit fee of $1 / R18,16 ZAR subject to the account you choose.

You might also like: FBS Account Types Overview

You might also like: FBS Demo Account

You might also like: FBS Islamic Account Overview

You might also like: FBS Minimum Deposit

You might also like: FBS Sign up Bonus

Frequently Asked Questions

What type of spreads does FBS have?

Our FBS broker review reveals that the type of spreads are Floating (starting from 0.2 pips), Fixed (starting from 3 pips and also the option of trading without spreads (a fixed spread of 0 pip)

Does FBS charge a commission?

Yes, the commission is charged by FBS on both the Zero Spread Account and the ECN Account.

What is the spreads for the FBS ECN account?

The ECN account has floating spreads from -1 pip

What are the withdrawal fees for a Credit/Debit card withdrawal from FBS?

The withdrawal fees for a FBS Credit or Debit card withdrawal is $1.

Does FBS charge inactivity fees?

No inactivity fees are charged by FBS brokers