FBS fees and Spreads range from 90 ZAR / $5. 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 90 ZAR /ZAR 5, subject to the account you choose
FBS Fees, Spreads & Commissions - key points quick overview:
- ☑️Overview
- ☑️FBS Additional Trading Fees
- ☑️FBS Broker Fees
- ☑️FBS At a Glance
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Frequently Asked Questions
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
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| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Now |
| 🥈 |  | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 | Visit Now |
| 🥉 |  | Read Review | CySEC, IFSC, DFSA, FCA | $5 | Visit Now |
| 4 |  | Read Review | ASIC, CySEC, FSA, SCB | $0 | Visit Now |
| 5 |  | Read Review | FSA, FSCA | $250 | Visit Now |
| 6 |  | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 | Visit Now |
| 7 |  | Read Review | FSC, FSCA | $50 | Visit Now |
| 8 |  | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 | Visit Now |
| 9 |  | Read Review | CySEC, MWALI, FSCA | $25 | Visit Now |
| 10 |  | Read Review | FSA, CySEC, FSCA, FSC | $10 | Visit Now |
Overview
- FBS is a popular online forex and CFD broker that is particularly enticing to South African traders due to its robust regulatory environment, which includes oversight by the Cyprus Securities and Exchange Commission (CySEC).
- FBS, founded in 2009, has targeted its offerings to beginner and seasoned traders.
- Its user-friendly interface streamlines navigation through numerous trading instruments, such as forex pairs, commodities, equities, and cryptocurrencies.
- FBS caters to various trading demands by offering a single trading account with flexible trading conditions, benefiting different trading styles and degrees of skill.
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 an Islamic Account.
- There are no additional costs indicated on the Islamic Account; however, traders must confirm this with the broker.
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.
- 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 subject to change, and there may be fees charged that 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.
Account Comparison Fees
| ⚖️ Feature | ⭐ Standard Account | ☪️ Islamic (Swap-Free) Account | 🧪 Demo Account |
| 💰 Minimum Deposit | From $5 | Same as Standard account | No deposit required |
| 📊 Spreads | Floating spreads from ~0.7 pips | Usually slightly wider spreads than Standard | Simulated spreads similar to live accounts |
| 💸 Commission | No trading commission (cost included in spread) | No commission but may include administration fees instead of swaps | No commissions |
| 🌙 Swap / Overnight Fees | Charged on overnight positions | No swap or interest charges | No swap fees |
| 💵 Real Profit | Yes | Yes | Not possible |
| 📉 Trading Risk | Real trading risk | Real trading risk | No financial risk |
| 🧠 Purpose | Regular forex trading | Sharia-compliant trading without interest | Practice and strategy testing |
FBS At a Glance
| 🔎Broker |  |
| Company Information | |
| 📅Year Founded | 2009 |
| 🧑🏻💻Amount of staff | 150+ |
| 👩💻Amount of active traders | 16 million+ |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSC, ASIC, CySEC |
| 🌎Country of regulation | Belize, Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | ICF (for EU clients) |
| Account Types and Features | |
| ➕Accounts | cTrader, Raw Spread, standard |
| 💳Institutional Accounts | No |
| 👨💼Managed Accounts | Yes (PAMM) |
| 📇Minor account currencies | USD, EUR, GBP, THB |
| 💰Minimum Deposit | $5 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 15 minutes to 24 hours |
| 🪙Fund Withdrawal Fee | Varies based on payment method |
| 📊Spreads from | From 0.0 pips |
| 💸Commissions | From $6 per lot (ECN Account) |
| 💱Number of base currencies supported | 6 |
| 🚀Swap Fees | Applicable (except Islamic accounts) |
| 📈Leverage | Up to 1:3000 |
| 📏Margin requirements | Varies based on asset |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | 0.2 seconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 200+ |
| 🗠CFD Stock Indices | 5 |
| ⚖️CFD Commodities | 6 |
| 📜CFD Shares | 100+ |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit cards, Bank transfers, e-wallets |
| 💵Withdrawal Options | Credit/Debit cards, Bank transfers, e-wallets |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MT4, MT5, FBS Trader App |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS |
| 🖥️Forex trading tools | Economic calendar, market analysis, VPS, calculators |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | support@fbs.com |
| 📞Customer Support Contact Number | +357 25 313540 |
| 👾Social media Platforms | Facebook, Instagram, x, YouTube |
| 🗣️Languages supported on Website | 18+ Languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Articles, videos, tutorials, webinars |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 18,000+ |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes, the Qatar Economic Forum 2026 |
| 🪙Rebate program | Yes |
| 📝Sign up | 👉 Open Account |
Customers Reviews
⭐ Trustworthy This broker has acquired my trust because it provides everything required for profitable trading. All of the critical services I want are readily available and work wonderfully. Notably, newcomers will also find all of their demands satisfied here. - Samuel Khoza ⭐ Exceeds Expectations My choice to deal with them originates mainly from their infrastructure, which matches my expectations and continuously exceeds them. - Chloe Du Plessis ⭐ Great! FBS broker hits an outstanding balance: it is pretty easy and beneficial. Isn't that a fantastic combination? I am sure of it. Extensive research isn't necessary because all information about their services is easily accessible on their website, and a lot of information about the brand is available online. - Luke Meyer
Pros and Cons
| ✅ Pros | ❌ Cons |
| Commission-free trading offered on most account types | Deposit fees and withdrawal fees are charged |
| Competitive trading conditions offered | High commissions charged on Zero Spread Account |
| Inactivity fees are not indicated | |
| Islamic Account option offered for Muslim traders |
Conclusion
FBS fees range from 90 ZAR / $5. 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 90 ZAR /ZAR 5, subject to the account you choose
You might also like:
FBS Account TypesFBS Demo AccountFBS Islamic AccountFBS Minimum DepositFBS Sign up Bonus
Frequently Asked Questions
What type of spreads does FBS have?
Our FBS broker review reveals that the types 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 pips)
Does FBS charge a commission?
Yes, the commission is charged by FBS on both the Zero Spread Account and the ECN Account.
What are 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 an FBS Credit or Debit card withdrawal are $1.
Does FBS charge inactivity fees?
No inactivity fees are charged by FBS brokers
Are FBS spreads fixed or variable?
FBS offers both fixed and floating spreads depending on the account type selected. Floating spreads can start from very low levels during high liquidity, while fixed spreads remain constant. This allows traders to choose trading conditions that suit their strategy.
Which FBS account has the lowest spreads?
The FBS ECN and Zero Spread accounts typically offer the lowest spreads. These accounts are designed for experienced traders and scalpers who require tight spreads and fast execution, although they may include a small commission per trade.
Do spreads change during market volatility?
Yes, spreads on floating spread accounts can widen during periods of high market volatility or low liquidity. This commonly happens during major economic announcements or when trading sessions change, which may temporarily increase trading costs for traders.
Are there deposit fees with FBS?
FBS generally does not charge deposit fees for most payment methods. However, traders should check with their payment provider or bank because some external payment services or financial institutions may apply their own processing fees.
Do spreads differ between trading instruments at FBS?
Yes, spreads vary depending on the trading instrument. Major forex pairs such as EUR/USD usually have lower spreads, while exotic currency pairs, cryptocurrencies, or certain commodities may have wider spreads due to lower liquidity and higher market volatility.
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