Choosing the right account at FBS is mostly about not over-thinking a very low entry cost. This guide walks through the decision in order, pulling together everything covered across our other FBS articles.
Step 1: Start on Cent — the $1 minimum removes any reason not to
FBS Cent’s $1 minimum, per our overview, makes it the obvious starting point regardless of how much capital you eventually plan to trade with. Use it to confirm platform behavior and execution before scaling up.
Step 2: Move to Standard once you want real-lot sizing
Standard’s straightforward spread-only pricing, per our account-comparison article, is the natural next step once you’re ready to move past cent-denominated positions.
Step 3: Only consider Zero Spread if your strategy is genuinely commission-sensitive
Zero Spread’s near-zero spread plus per-lot commission, covered in our comparison article, mainly benefits high-frequency or scalping strategies — most traders don’t need it.
Step 4: Read bonus terms carefully before opting in
FBS runs frequent promotions with specific volume or verification requirements, per our promotions article. Confirm the exact condition before accepting, since unmet requirements can restrict withdrawal of bonus funds.
Step 5: Keep a record given FBS’s very high promotional turnover
Given how frequently FBS’s specific offers change, note the exact terms and date whenever you opt into anything — a habit modeled in our FBS case study.
Putting it together
In sequence: start on Cent to learn cheaply, move to Standard once ready for real-lot sizing, only add Zero Spread if your strategy specifically needs it, read every bonus’s terms before accepting, and keep a personal record given how often promotions change here.
Frequently asked questions
Is Cent still useful if I already trade elsewhere? Yes — it’s a cheap way to confirm FBS’s specific execution before committing more capital.
Do I need Zero Spread as a beginner? No — Standard is simpler and sufficient unless your strategy specifically depends on minimal spread.
Should I accept every bonus FBS offers? Only after reading the specific terms — treat each one individually rather than assuming they’re all the same.
Ready to follow this guide at FBS? Cent is the recommended starting point.
FBS currently has a welcome offer for new accounts for a limited time — terms may change, check directly when you register.
Forex and CFD trading involves leverage and carries a high risk of capital loss. This is not investment advice. Learn more at FXM680’s Forex Academy.