FBS Zero Spread Trading Account – First of all, this type of trading account is ideal if you have enough trading experience and like to trade scalping. As a scalper, you need to trade frequently based on the market trend so it could be better if your spread is lower and close to zero (0).
FBS Zero Spread Trading Account is mainly for those who prefer more trading within a short period of time. As the name “ZERO” this type of trading account offers the lowest possible spread for trading. In today’s article we will briefly discuss this account, its advantages, disadvantages, and everything that can help you to decide whether it will be good for you or not!
Account Registration
As you are reading this article so, we guess you have already registered yourself with the FBS Broker. If you do not complete the registration yet then please follow the below-mentioned steps to complete your registration first.
The account registration process of this broker is pretty straightforward. From the very beginning, you need to use your valid email address and name to make the registration. First of all, you need to visit the broker’s official Website – www.fbs.com
In the upper right corner, you will get a button called “Open Account”. Please click that button and a short form will appear. Please use your official mail address and name and click the “Register As Trader” button. You can also watch the below-mentioned tutorial about the account registration process. Just click the play button.
you can also review our FBS Registration Guide from this mentioned link ->
Zero Spread Account
If you have already registered then please go to your client cabinet by just logging in to your account dashboard. Once you logged in, you will see a button called “Open New Account” please click here and you will be redirected to a new page.
In this section, a list will appear where you can see all the available trading accounts that the broker offers to its clients. Please check the bottom left corner you will see an “Open Account” button in the “Zero Spread” section.
Click the button and then a new page will appear where you need to choose your preferred trading terminal, leverage, and your account currency.
Please select your desired values here and click on the “Open Account” button. Isn’t it easy? You have successfully registered an FBS Zero Spread Trading Account and you will be notified via an email containing all of your credentials and server information. Please have a look in your registered mailbox.
Features
Here the word “ZERO” is related to another word named as “Spread”. In general, the spread is one of the main earning sources of a Retail Forex Broker. A broker earns profit from your trading via the spread.
You may think what it is. We have already discussed this in detail on our website. Please refer to this link -> to learn more about the spread and its calculation.
Zero Spread account’s main feature is no spread. Trading with zero spread will let you increase your profit and make a more precise forecast of your revenues. Although this type of account doesn’t require any spread, it charges a commission of $20 per lot.
The Zero Spread account is perfect for those traders who prefer high-speed trading. It offers traders to leverage up to 1:3000 and 200 open positions and pending orders maximum.
Feel free to make your trading journey even more efficient with our 100% Deposit Bonus and Level Up Bonus. The Zero Spread account supports the following trading instruments: Forex, metals, and Forex exotic. At FBS, the Zero Spread account is available on MetaTrader 4. If you are not sure whether this account type will work for you, try a demo version.
Open the Zero Spread account and start your way to success!
To open the FBS Zero Spread Trading Account, you need to make an initial deposit of $500 only – less than you pay for your newest iPhone 14 series!😎 Here we have highlighted some key features of the Zero Spread Trading Account.
| Features | FBS Zero Spread Trading Account |
|---|---|
| Minimum deposit | $500 |
| Leverage up to | 1:3000 |
| Spread from | Fixed Spread “0” Pips |
| Commission | $20/lot |
| Maximum Order Counts | 200 |
| Execution Time | from 0,3 sec, STP |
| Registration Link | Account Registration |
Pros & Cons
So let’s start with the pros first.
- The required amount is as low as $500 to start. It is often suitable and affordable for most traders specially for experienced and professional ones.
- This account is specially designed for professionals who like to trade frequently with a larger volume. As the spread remains “0” so, you will get a quick profit from your entry.
- The Broker does not make any charges except the commission. You will get charged $20/Lot as a commission.
- You can use any promotional offers that the broker offers. Such as a 100% Deposit Bonus, Level Up Bonus, Cashback Offer
Now it’s time to be clear about some cons of the FBS Zero Spread Trading Account.
- This account is not suitable for newbies.
- This account is not suitable for those who like Day, Position, or Swing trading.
- The required investment is relatively higher compared to other brokers.
- commissions are relatively higher than other trading accounts. The broker offers a fixed spread option which remains 0 pip most of the time but the broker charges $20/lot commission.
Account Comparison
Zero Account Vs Cent Account
| Account Types | Zero | Cent |
|---|---|---|
| Minimum deposit | $500 | $1 |
| Leverage up to | 1:3000 | 1:1000 |
| Commission per lot/ side | $20/lot | N/A |
| Spread from | Fixed Spread “0” | Fixed 1 Pip |
| Maximum Order Counts | 200 | 200 |
| Execution Time | from 0,3 sec, STP | from 0,3 sec, STP |
Zero Account Vs Micro Account
| Account Types | Zero | Micro |
|---|---|---|
| Minimum deposit | $500 | $5 |
| Leverage up to | 1:3000 | 1:3000 |
| Commission per lot/ side | $20/lot | N/A |
| Spread from | Fixed Spread “0” | Fixed 3 Pip |
| Maximum Order Counts | 200 | 200 |
| Execution Time | from 0,3 sec, STP | from 0,3 sec, STP |
Zero Account Vs Standard Account
| Account Types | Zero | Standard |
|---|---|---|
| Minimum deposit | $100 | $100 |
| Leverage up to | 1:3000 | 1:3000 |
| Commission per lot/ side | $20/lot | N/A |
| Spread from | Fixed Spread “0” | Floating 0,5 Pip |
| Maximum Order Counts | 200 | 200 |
| Execution Time | from 0,3 sec, STP | from 0,3 sec, STP |
Zero Account Vs ECN Account
| Account Types | Zero | ECN |
|---|---|---|
| Minimum deposit | $500 | $1000 |
| Leverage up to | 1:3000 | 1:500 |
| Commission per lot/ side | $20/lot | $6/lot |
| Spread from | Fixed Spread “0” | Floating -1 Pip |
| Maximum Order Counts | 200 | No Limits |
| Execution Time | from 0,3 sec, STP | from 0,3 sec, STP |
Recommendation: As we have said earlier, this trading account is specially designed for professionals. The broker requires $500 to start but we always recommend depositing a larger amount to start trading, at least $5000-$10,000.
So if you can afford to deposit this amount then you can start trading otherwise our suggestion is to choose the Standard Trading Account. On the other hand, if you can effort to deposit our recommended amount then you will get professional trading experience because a zero-spread trading account is the most popular and widely used by Scalpers and frequent-level traders.
If you want to learn more, please have a look at the FBS Broker section. We have also added a FAQ section where you can find the most common answers. Please refer to the FBS FAQ Section to find your answers.
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