The FBS minimum deposit amount is $5 to register a live trading account. At the current exchange rate between the US dollar and the South African Rand, this minimum deposit is equivalent to R90 ZAR.
The minimum deposit might vary based on the account type selected.
Min Deposit
USD $5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App
Crypto
Yes
Over 27 000 000+ Traders
FBS Minimum Deposit – 9 key points quick overview:
- ☑️Overview
- ☑️FBS At a Glance
- ☑️FBS Deposit Methods
- ☑️How to make a deposit with FBS step-by-step
- ☑️Broker Comparison
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
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.
A significant feature of FBS is the offer of enormous leverage, up to 1:3000 for some instruments.
This function is especially beneficial for experienced traders in South Africa who have a thorough understanding of the industry and want to expand their trading potential.
However, it is critical to recognize the increased dangers associated with excessive leverage, which necessitates a cautious approach.
FBS caters to various trading demands by offering a single trading account with flexible trading conditions, benefiting different trading styles and degrees of skill.
The platform’s connection with MetaTrader 4 and MetaTrader 5, known for their dependability and comprehensive trading tools, enhances the trading experience even further.
These platforms provide advanced charting capabilities, a profusion of indicators, and automated trading options, which are significant advantages for South African traders.
FBS At a Glance
| 🔎Broker | 🥇FBS |
| Company Information | |
| 📅Year Founded | 2009 |
| 🧑🏻💻Amount of staff | 350+ |
| 👩💻Amount of active traders | Over 27 Million |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSC, CySEC, ASIC |
| 🌎Country of regulation | Cyprus (CySEC), Belize (FSC), Australia (ASIC) |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard Account |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | USD, EUR |
| 💰Minimum Deposit | $5 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | Free, but may depend on payment method |
| 📊Spreads from | 0.7 pips |
| 💸Commissions | Yes |
| 💱Number of base currencies supported | Over 72 |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | Up to 1:3000 |
| 📏Margin requirements | 50% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically within milliseconds |
| 📆VPS Hosting | Yes, for eligible clients |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 650+ |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/debit cards, bank transfers, electronic wallets. |
| 💵Withdrawal Options | Must be sent via the same payment method used for deposit |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS App |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS, Web |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/7 |
| 📱Customer Support email address | support@fbs.com |
| 📞Customer Support Contact Number | +357 22 010970 |
| 👾Social media Platforms | Facebook, Twitter, |
| 🗣️Languages supported on Website | 6 Languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 700 000 |
| 📋IB Program | Yes |
| 🪙Rebate program | Yes |
| 👉Open Account | Open Account |
FBS Deposit Methods
When making deposits into the trading account, traders can make use of the following payment methods:
- Credit/Debit Card
- Neteller
- Sticpay
- Skrill
- Perfect Money
- You can also make use of Local Exchangers
| 💳 Deposit Method | 🌐 Currencies available | 🕧 Processing time |
| 💰 Visa card | USD, EUR | Instant |
| 💰 Neteller | USD, EUR | Instant |
| 💰 Sticpay | USD | Instant |
| 💰 Skrill | USD,EUR | Instant |
| 💰 Perfect Money | USD,EUR | Instant |
Traders must ensure that they view and acknowledge the fees charged when making deposits using Sticpay. This deposit method involves commissions of 2.5% and an additional $0.3.
Additional charges are waived on Perfect Money; however, these are not specified on FBS’s website. Traders must also confirm additional charges waived by their financial institution for both deposits and withdrawals.
FBS only supports deposits in USD or EUR. In addition, traders who use Sticpay can only deposit in USD.
How to make a deposit with FBS step-by-step
After traders have successfully registered a live trading account, they can follow these steps to deposit the minimum amount:
Step 1 – Log in
Log in to your dashboard with your login details or email.
Step 2 – Choose payment method
Choose your preferred payment method, online or offline, and select the ‘deposit’ tab.
Step 3 – Select the trading account
Select the trading account that traders wish to fund, should they have more than one, and enter the amount they wish to deposit.
Step 4 – Confirm the deposit
Confirm the deposits on the next page to finalize the deposit.
Please note: Deposits reflect in the trader’s account either instantly or after a few days, depending on the payment method that the traders use.
Min Deposit
USD $5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App
Crypto
Yes
Over 27 000 000+ Traders
Broker Comparison
| 🔖Features | 🥇FBS | 🥈Exness | 🥉AvaTrade |
| 💰 Minimum Deposit | $1 / R18.43 ZAR | $10 / 187 RZAR | $100 / R1843 ZAR |
| 👨💼Account Types | Cent, Micro, Standard, Zero Spread, ECN | Standard, Pro, Zero, Raw Spread, Cent | Standard, Professional, Spread Betting (UK & Ireland only), Swap-Free (Islamic) |
| 💳Deposit Methods | Bank Transfer, Credit/Debit Card, E-Wallets, Local Payment Methods | Bank transfer, credit/debit cards, e-wallets (Neteller, Skrill), cryptocurrency | Bank Transfer, Credit/Debit Card, E-Wallets (Neteller, Skrill, etc.) |
| 💶Currency Options | Multiple (USD, EUR, GBP, etc.) | Multiple currencies, including USD, EUR, ZAR, GBP | Multiple (USD, EUR, GBP, ZAR, AUD, etc.) |
| ⏱Deposit Processing Time | Instant to 2 business days | Instant for most methods | Instant to 2 business days |
| ⏰Withdrawal Processing Time | 1-5 business days | Instant to 5 business days | 1-5 business days |
| 💴Deposit Fees | No fees from FBS, payment provider fees may apply | No deposit fees | No fees from AvaTrade, payment provider fees may apply |
| 💵Withdrawal Fees | No fees from FBS, payment provider fees may apply | No withdrawal fees | No fees from AvaTrade, payment provider fees may apply |
| 🛡️Regulation | IFSC, CySEC, ASIC | IFSC, CySEC, ASIC | ASIC, FSA, FFAJ, FSCA, Central Bank of Ireland |
| ☪️Islamic (Swap-Free) Accounts | Yes | Yes | Yes |
| 📊Leverage | Up to 3000:1 | Up to 2000:1 | Up to 400:1 |
| 👉Open an account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Customer Reviews
🥇Excellent
“I’ve been trading with FBS for years. Their platform is user-friendly, and their execution speed is excellent. The variety of assets and competitive spreads make it a great choice. Their education center is a valuable resource for learning.” Reviewer: Maria Martinez
🥈Good
“FBS offers diverse assets, from forex and stocks to cryptocurrencies. Their spreads are competitive, especially for popular pairs. Their support team is responsive and helpful.” Reviewer: John Smith
🥉Service
“FBS is a reliable broker with a good reputation. Their customer support is top-notch. Their educational materials are easy to understand, even for those new to trading.” Reviewer: Ahmed Ali
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers accounts with a very low minimum deposit | High leverage can also increase risk |
| Provides a wide range of account options | Spreads can widen during market volatility |
| Regular bonuses and promotions | Lacks some advanced trading tools |
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Conclusion
The FBS minimum deposit amount is $5 to register a live trading account. At the current exchange rate between the US dollar and the South African Rand, this minimum deposit is equivalent to R90 ZAR. The minimum deposit might vary based on the account type selected.
You might also like: FBS Account Types
You might also like: FBS Review
You might also like: FBS Fees and Spreads
You might also like: FBS Islamic Account Overview
You might also like: FBS Sign-up Bonus
Frequently Asked Questions
What is the minimum deposit for FBS?
The minimum deposit for FBS is $1 / ZAR R18 at the current USD/ZAR exchange rate.
How long does the FBS minimum deposit take to reflect in my account?
Deposits are reflected in your account instantly or after a few days, depending on your payment method.
How do I make a deposit and withdrawal with FBS?
- Credit/Debit Card
- Neteller
- Sticpay
- Skrill
- Perfect Money
- Local exchanges
Does FBS charge withdrawal fees?
Yes.
- Credit/Debit Card – $1/ R18 commission.
- Neteller – 2% with a minimum commission of $1 / ZAR R18 and a maximum of $30 / ZAR R533
- Sticpay – 2.5%, along with a commission of $0.30.
- Skrill – 1%, along with a $0.32 commission.
- Perfect Money – 0.50% commission.
How long does it take to make a withdrawal?
This will depend on the payment method used by the trader. Payments may reflect instantly, or they could take several days.
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