Aug 28 2020 0
FBS Markets Inc, also known as FBS, is one of the largest international Forex exchanges offering online trading services. Founded in 2009, FBS has served more than 12,000,000 traders from over 190 countries. This broker has also been licensed by two regulators, IFSC of Belize and CySEC of Cyprus.
FBS offers demo account for different types of accounts including Cent, Micro, Standard, Zero Spread and ECN to suit a wide range of clients from beginners to professional traders. All of these account types have a variety of conveniences, including fixed and floating spreads from 0 pips, leverage up to 1:3000, order execution only 0.3 seconds without re-quotes, The most popular platforms are MetaTrader 4 and 5. Various deposit and withdrawal methods such as bank transfer, credit card, e-wallet (Skrill, Neteller, PerfectMoney, Bitcoin etc.) and local banks.
You can open an FBS demo account for their 5 main types of accounts including: Cent account, Micro account, Standard account, Zero Spread account and ECN account.
Depending on their skills and trading strategies, FBS clients can choose from Standard, Micro, Cent, Zero Spread and ECN (USD and EUR) trading accounts. All FBS accounts (except ECN accounts) own trading instruments including 35 Currency pairs (Forex), 4 metals, 3 CFDs and 4 cryptocurrencies. FBS traders are allowed to open up to 10 different accounts after completing all the requirements.
Demo for Cent account
FBS Cent Account is for new traders who are new to the FBS Demo Account and want to start participating in the real Forex market. The minimum first deposit for a FBS Cent Account is only 1 USD and all traded lots are denominated in cents. Furthermore, FBS Cent account offers floating spreads from just 1 pip and is commission free. Clients can trade with lot sizes from 0.01 cent to 1000 cents and leverage up to 1:1000.
Demo for Micro account
Clients who prefer smaller volumes can sign up for an FBS Micro Account to trade micro lots with fixed spreads of as low as 3 pips and commission free. FBS Micro account also offers leverage up to 1:3000 with just 5 USD of initial deposit. Clients can trade with a minimum volume of 0.01 lots and a maximum of 500 lots.
Demo for Standard account
FBS Standard accounts allow trading of standard lots with floating spreads from 0.5 pips and commission free. Standard account holders will enjoy trading with up to 1:3000 leverage when your initial deposit is only 100 USD. FBS Standard accounts also allow STP market execution in just 0.3 seconds without having to go through Dealing Desk and no re-quotes. Traders can open positions ranging in size from 0.01 lots (minimum) to 500 lots (maximum).
Demo for Zero Spread account
At FBS, experienced traders can open a FBS Zero Spread Account with fixed spreads from 0 pips. However, for this type of account, traders will be charged a 20 USD commission per standard lot traded. With an initial deposit of $500, clients will have the opportunity to trade with zero Spread and leverage up to 1:3000.
Demo for ECN account
The last type of account is an ECN Account for professional traders who prefer to trade directly through the ECN environment. FBS ECN accounts offer floating spreads from just 0 pips and leverage up to 1:500. With ECN Accounts, traders will be charged a $6 commission for each standard lot traded. To open an FBS ECN account, traders will need to deposit a minimum of 1,000 USD; after that, they can apply all strategies to trade 25 currency pairs in the ECN environment.
So if you want to test trading with any of the above accounts, you can open an FBS demo account for free. Start trading with FBS today.