We compared FBS‘s fees with two similar brokers we selected, Admirals (Admiral Markets) and XM. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of FBS alternatives.
All fees are built into the spread, so there is no separate commission charged. For example, the EUR/USD spread is 0.9.
This FX fee classification is based on a trade scenario calculation, which captures spread, commission, and overnight fees. FBS has average spreads, but FX overnight fees are low.
All index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 1.5.
All stock CFD fees are built into the spread. The spread for Apple stock CFDs is 0.3.
There is no deposit, withdrawal or account fee. FBS also doesn’t charge an inactivity fee, which is a great plus and sets it apart from its closest competitors.
FBS is a legit brokerage. It is regulated by multiple financial authorities and provides negative balance protection. However, it is not listed on any stock exchange and does not publicly disclose financial information.
Deposit and withdrawal
Score: 4.4/5
FBS‘s deposit and withdrawal services are great, with many options for moving your money in and out, all free of charge. However, we would have loved to see more account currencies.
