Learn how Forex spreads work at FBS, how Standard and Cent accounts compare for spread costs, why spreads widen during volatility, and how MT4, MT5, and the FBS app support spread-focused trading workflows.
Spreads comparison of FBS's account types & platforms Table of Contents
- How to think about spreads in Forex
- What FBS states about spreads and commissions
- FBS account types that matter for spread comparison
- A clean spreads comparison: Standard vs Cent
- When spreads widen and why that matters on FBS
- FBS platforms and what they change in spread trading
- Platform choice: which one fits which spread style
- What “spreads from 0.7 pips” means in real trading
- A practical way to compare FBS accounts and platforms in one view
- How to Open an FBS Forex Trading Account
- The basic requirements to open an FBS account
- Age requirement
- Contact and profile requirements
- Verification requirements
- Key concepts before you start
- Profile vs trading account
- Real vs Demo
- Step-by-step: opening your FBS account
- Confirm your email
- Complete verification (KYC): what you upload and how it must look
- What you must provide
- How to enter your information
- File requirements and quality standards
- What counts as “proof of address”
- Open a trading account in Trader Area: Real or Demo, then choose account type
- Why traders open more than one trading account
- Save your trading credentials: what you receive and what you must keep
- The core credentials you should save
- Why this matters in Forex trading
- Choose your platform: FBS app vs MT4 vs MT5
- Trading through the FBS app
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- Logging in to MT4/MT5 with your FBS account
- Common approval checks that affect account activation
- Profile data does not match documents
- Documents are unclear or incomplete
- Address proof is requested and not provided
- Bank card verification is requested for card-linked activity
- What your setup should look like when it’s done
- A clean checklist for opening an FBS Forex account
- Registration checklist
- Confirmation checklist
- Verification checklist
- Trading account checklist
Spreads are the most visible ongoing cost in Forex trading. Every time you open a position, you start with a small negative value because the ask price is higher than the bid price. That bid–ask difference is the spread, and it is the pricing “gap” you pay to enter and exit the market.
How to think about spreads in Forex
A spread is measured in pips (or in points, depending on how prices are displayed). A pip is the standard unit used to express price movement in most currency pairs, while “points” are a smaller fractional display unit used by many trading terminals.
The cost impact becomes clear when you link pips to money:
- On many major pairs, one pip on a 1.00 standard lot is about $10 (because a standard lot is 100,000 units and a pip is a small fraction of price).
- If your spread is 1.0 pip, a round-trip cost purely from spread is visible immediately at entry, and you need price movement in your favor to overcome it.
You don’t need this calculation for every trade, but you do need it when comparing account types, because “low spreads” only matter relative to your position size and your trade frequency.
What FBS states about spreads and commissions
FBS describes its trading conditions with floating spreads from 0.7 pips and indicates no trading commission as a core condition.
So when you compare FBS account types, you are comparing:
- the starting point (the “from” spread),
- whether a commission is added,
- how the account is structured (standard units vs cent units),
- and how the platform displays, executes, and manages trades—not whether the platform magically changes pricing.
FBS account types that matter for spread comparison
Standard account
FBS describes the Standard account as available to all clients and states it offers spreads from 0.7 pips with no commission.
For spread-focused Forex traders, the Standard account has a simple logic:
- You pay the spread (floating, starting from the stated minimum).
- You are not adding a separate per-lot commission on top for the core account model described by FBS.
This is the account type that fits traders who want a single, all-in spread cost model—especially those who place fewer trades or hold positions longer, where paying a slightly wider spread can still be acceptable if commission is avoided.
Cent account
FBS also offers a Cent account, and it describes it clearly:
- The Cent account has a floating spread and no commission in the Help Center description.
- In its Trading Conditions document, FBS states the Cent account has floating spread from 0.7 pips and commission from 0%.
The “cent” structure changes how position sizing feels for new traders. FBS states that 1 lot on the Cent account equals 0.01 of a standard lot, and it frames this as a way to reduce trade size and risk exposure while using the same market mechanics.
From a spreads perspective, the Cent account is not about “cheaper spreads.” It is about smaller trade sizing with the same spread logic, which can reduce the absolute money impact of each pip and spread on your account balance.
Swap-free status (not a spread account type, but a cost factor)
FBS indicates swap-free availability in its trading conditions presentation, and its Trading Conditions document describes how swap-free operation is handled, including commission rules in certain cases.
This matters for spread comparison because many traders confuse “swap-free” with “lower cost.” Swap-free removes overnight swap charges, but it does not remove spread costs. If you are selecting an account primarily for spread efficiency, swap-free status is a separate dimension.
A clean spreads comparison: Standard vs Cent
Here is a practical comparison focused on what influences spread cost and execution experience.
| Item | Standard account | Cent account |
|---|---|---|
| Spread type | Floating | Floating |
| Stated minimum spread | From 0.7 pips | From 0.7 pips |
| Commission | No commission stated | No commission / from 0% stated |
| Position sizing feel | Standard lot sizing | Cent structure; 1 lot equals 0.01 standard lot |
| Who it fits (spread logic) | Traders who prefer an all-in spread model | Traders who want smaller trade sizing while keeping spread mechanics |
When spreads widen and why that matters on FBS
FBS explicitly acknowledges several spread realities in its Trading Conditions document:
- Spreads can increase during market opening and market closing, low liquidity periods, and high-spread market situations.
- Spreads can widen significantly, may differ from examples shown elsewhere, and there is no limit on how large they may become.
So if your trading style depends on “tight spreads,” your real comparison is not only between account types, but between:
- your execution timing (quiet market vs news spikes),
- your instrument choice (major FX pairs vs exotics),
- and your trade frequency (scalping vs swing trading).
This is why “spreads from X” is useful, but not a full cost guarantee.
FBS platforms and what they change in spread trading
FBS supports MetaTrader 4, MetaTrader 5, and its own FBS mobile app platform experience.
MetaTrader 4 and spreads at FBS
FBS presents MT4 as a widely used Forex terminal and highlights its charting and indicator toolset.
For spreads and costs on MT4, FBS states that trading on MT4 with FBS comes with spreads starting from 0.7 pips and zero commission on most trades.
From a spread-trading angle, MT4 is often chosen because:
- it is lightweight,
- it is familiar to many Forex traders,
- it supports Expert Advisors (EAs) and scripted automation in the MT4 ecosystem.
What matters for spreads is that MT4 shows the live bid–ask difference clearly and lets you place orders quickly with standard order types.
MetaTrader 5 and spreads at FBS
FBS presents MT5 as an upgraded multi-asset platform with expanded technical tools, including more timeframes and indicators than MT4, plus built-in features such as an economic calendar.
The spread comparison logic is the same: if your account type is Standard or Cent, your spread structure follows that account’s stated conditions. The MT5 advantage is workflow and analytics depth:
- more built-in analysis tools,
- a more modern platform structure,
- and strong support for algorithmic trading in the MT5 ecosystem.
If your spread strategy depends on timing, volatility filtering, and multi-timeframe confirmation, MT5’s expanded tooling can support that workflow without changing the spread model itself.
FBS app and spread-based trading
FBS describes its mobile app as an all-in-one product with an intuitive interface, customizable charts, trading stats, and push notifications.
For spread-focused Forex traders, the value of the app is not “better spreads.” It is:
- faster everyday monitoring,
- easier position management on the move,
- simpler execution flow for basic order placement and account actions.
If you trade frequently, the biggest platform advantage is often speed of routine actions, such as checking spreads quickly before entry, monitoring open positions, and reacting to changes in market conditions.
Platform choice: which one fits which spread style
If you scalp or trade very short-term moves
Spread sensitivity is highest when your targets are small. Your platform must support fast execution and rapid decision-making:
- MT4 is a clean choice if you run a straightforward chart setup and want a familiar execution feel.
- MT5 is a clean choice if you use more indicators, more timeframes, and want more built-in research tools inside the terminal.
The account side stays simple: the Standard and Cent accounts are described with floating spreads starting from the same minimum. Your trade size and risk model become the difference-maker.
If you swing trade or hold positions longer
For longer holding periods, spread matters, but it is a smaller fraction of the full trade plan. Platform preference is mostly about analysis workflow:
- MT5 gives you more built-in analysis tools and a broader multi-asset setup if you trade beyond Forex pairs.
- MT4 stays popular for simpler Forex-only workflows and established templates.
Account choice tends to lean Standard for simplicity, while Cent remains useful if you want to run smaller-sized trades with the same spread mechanics.
If you are building consistency and learning spread behavior
The Cent account structure is designed around smaller trade sizing, and FBS frames it as suitable for beginners while still being usable for testing strategies.
For platform choice, the FBS app is often the easiest entry point for everyday practice and monitoring, while MT4/MT5 becomes the main tool when you want deeper charting routines and structured execution habits.
What “spreads from 0.7 pips” means in real trading
FBS repeatedly positions its main spread statement as “from 0.7 pips” in its trading conditions communication.
That phrase means:
- In normal conditions on liquid instruments, the spread can be near that floor.
- During volatile moments or low liquidity, the spread can expand, and FBS explicitly states that it can widen significantly and has no stated cap.
So a realistic spread strategy on FBS is built on two stable practices:
- trade instruments that are liquid for your session, and
- avoid entries that rely on the spread staying tight during conditions where spreads expand.
A practical way to compare FBS accounts and platforms in one view
If your goal is a clean, decision-ready comparison for Forex spreads, use this framework:
Choose the account type first
- Standard: floating spreads from 0.7 pips, no commission stated as a core condition.
- Cent: floating spreads from 0.7 pips, commission described as none / from 0%, with a cent-based structure for smaller sizing.
Choose the platform second
- MT4: direct Forex workflow, common industry terminal, and FBS states spreads from 0.7 pips with zero commission on most trades on MT4.
- MT5: more built-in analysis tools, more timeframes and indicators, economic calendar, and broader platform depth.
- FBS app: all-in-one mobile management and trading workflow, with a focus on usability and account monitoring.
- Floating spreads with a stated floor at 0.7 pips across its core trading conditions messaging.
- A no-commission framing for its standard trading model, and Cent account documentation that aligns with a no-commission / from 0% statement.
- A direct warning inside its Trading Conditions that spreads can widen sharply, with no maximum limit stated for widening.
So the meaningful comparison is not “which platform has lower spreads,” but:
- which account structure fits your sizing and cost preference, and
- which platform gives you the fastest, cleanest execution workflow for your trading style.
How to Open an FBS Forex Trading Account
Opening a Forex trading account with FBS follows a clear path: you create a profile, confirm your contact details, complete identity verification, and then open the specific trading accounts you want to use for Forex trading (Real or Demo, and the account type you prefer). Once this setup is finished, you receive the credentials you need to trade on platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), or trade through the FBS mobile app.
The basic requirements to open an FBS account
FBS account opening is built around standard broker onboarding and compliance rules. These are the core requirements you need to meet.
Age requirement
To trade with FBS, you must be at least 18 years old. This is treated as a strict eligibility rule.
Contact and profile requirements
To register an account, you need:
- A valid email address you can access
- Your full name (entered correctly, because it is used in verification and account processing)
- A secure password for your profile
- Your country of residence (this influences what features and payment options are shown in your account)
FBS can also request proof of age if needed, and account access can be restricted until the requirement is met.
Verification requirements
To fully activate your account for real-money Forex activity and typical withdrawals, FBS requires identity verification. That means you must provide:
- Proof of identity (a government-issued identity document with your photo)
- Proof of address (address document, when required)
FBS treats this as a compliance process under KYC rules.
Key concepts before you start
A few terms are used throughout the account opening process. Knowing them makes the setup easier.
Profile vs trading account
- Profile (Trader Area / Personal Area): your main account dashboard where you manage verification, open trading accounts, and access settings.
- Trading account: the specific account you trade on (Real or Demo). One profile can hold multiple trading accounts.
Real vs Demo
- Demo account: uses virtual funds. It is designed for practice and platform familiarity.
- Real account: uses real deposits and places live Forex trades.
Step-by-step: opening your FBS account
Create your FBS profile
You can start from a browser (Trader Area) or from the FBS app. The steps are similar:
- Enter your email
- Enter your full name
- Create a password (or accept a generated temporary password if shown)
- Set your country of residence
This creates your main profile (your Trader Area access). From here, you can open trading accounts.
Confirm your email
After registration, FBS uses email confirmation as a control step for account security and access. You confirm your email by opening the confirmation message and clicking the confirmation button.
Email confirmation matters because many account functions are tied to a fully confirmed profile. If your email is not confirmed, you can run into restrictions when trying to finalize verification or proceed with certain operations.
Complete verification (KYC): what you upload and how it must look
Verification is not a “nice to have.” It is the gate that connects your profile to real-money account functions.
What you must provide
FBS verification commonly requires:
- Proof of identity: passport or government-issued ID with a photo
- Proof of address: an address document (often requested depending on your profile and region)
FBS may also request bank card details in some cases, including images of both sides of the card, as part of compliance.
How to enter your information
In the verification screen, FBS requires you to:
- Fill the required fields using data that matches your official documents
- Submit the verification request after uploading the necessary files
File requirements and quality standards
For verification uploads, FBS expects:
- Color copies (photo or scan)
- Clear, readable images where all text is visible
- Common image/document formats such as JPG/PNG and PDF formats
- A total upload size that stays within the platform’s file limits
If any part of the document is blurred, cut off, or unreadable, verification can be delayed because the document cannot be reviewed properly.
What counts as “proof of address”
Proof of address is a document that connects your name to your residential address. FBS can request this depending on your profile and compliance needs. When it is requested, you must submit a document that clearly shows your address information.
Open a trading account in Trader Area: Real or Demo, then choose account type
After your profile is created (and ideally verified), you open the actual trading accounts you will use for Forex trading.
Inside Trader Area, the flow is:
- Go to your account dashboard
- Select Add new account
- Choose Real or Demo
- Choose the account type
- Confirm to open the account
This is how traders create multiple accounts under one profile—such as one Demo account for testing and one Real account for live Forex execution.
Why traders open more than one trading account
Many Forex traders separate accounts for practical reasons:
- One account for manual trading, another for automated trading
- One account for short-term Forex strategies, another for longer holding periods
- One Demo account for strategy testing, one Real account for execution
This is normal and supported in the FBS account structure.
Save your trading credentials: what you receive and what you must keep
When you open a trading account, you receive login credentials that you will use on trading platforms.
The core credentials you should save
For MT4/MT5 and typical platform login, you should keep:
- Account number (login)
- Trading password
- Server name
Some systems also support an investor password, which allows view-only access (monitoring without placing trades). If you use view-only access for tracking, this is a separate credential from the trading password.
Why this matters in Forex trading
In Forex, platform access is not optional. You need correct credentials to:
- Log in to MT4 or MT5
- Place and manage orders
- Monitor open positions
- Confirm margin and equity levels
If you lose your trading password, the platform requires you to reset it through your account dashboard.
Choose your platform: FBS app vs MT4 vs MT5
FBS supports multiple platforms. Platform choice affects your workflow, charting tools, and automation options, but it does not change the fact that you still need a verified profile and correct credentials.
Trading through the FBS app
The FBS app is built to let you manage your profile and trade through a mobile-first interface. Many traders use it for:
- Quick account monitoring
- Managing open positions on the go
- Receiving notifications
- Handling account actions from a phone
MetaTrader 4 (MT4)
MT4 is widely used for Forex trading and supports:
- Classic charting layouts
- Indicators
- Expert Advisors (automation tools in the MT4 ecosystem)
- Standard order types for Forex execution
If you prefer a familiar Forex terminal and a straightforward interface, MT4 is commonly chosen.
MetaTrader 5 (MT5)
MT5 is an expanded platform that typically includes:
- More timeframes
- More built-in indicators
- A broader platform toolset compared to MT4
Traders who want deeper built-in analytics often choose MT5 for that workflow.
Logging in to MT4/MT5 with your FBS account
Once you have your credentials, the login process is standard inside MetaTrader:
- Open the platform
- Choose the option to log in to a trading account
- Enter the account number
- Enter the trading password (or investor password for view-only)
- Select the correct server
Common approval checks that affect account activation
FBS account opening is straightforward, but a few issues repeatedly cause delays for Forex traders. These are not “rare edge cases”; they are typical compliance triggers.
Profile data does not match documents
If your profile name, date of birth, or other details differ from your ID document, verification can be delayed or rejected.
Fix: Enter details exactly as shown on your documents before you submit verification.
Documents are unclear or incomplete
Blurry images, cropped edges, glare, or missing text prevent proper review.
Fix: Use a well-lit photo or a clean scan, keep all text visible, and upload color images.
Address proof is requested and not provided
If address proof is required, the verification remains incomplete until the address document is submitted and accepted.
Fix: Prepare an address document that clearly shows your name and address.
Bank card verification is requested for card-linked activity
In some situations, FBS can request card details, including images of both sides of the card.
Fix: If you plan to fund by bank card and use card-linked flows, keep the card available for compliance checks.
What your setup should look like when it’s done
A fully opened and properly prepared FBS Forex trading setup typically includes:
- A registered profile with confirmed email
- Verification completed with accepted documents
- At least one trading account opened (Real or Demo)
- Credentials saved (account number, trading password, server)
- A chosen platform installed and logged in (FBS app, MT4, MT5)
When these pieces are in place, you are set up for practical Forex trading: platform access works, account operations are available, and you can manage your trading activity without unnecessary friction.
A clean checklist for opening an FBS Forex account
If you want the simplest path with the least chance of delays, follow this checklist in order.
Registration checklist
- Use an email address you can access
- Enter your full name correctly
- Set a secure password
- Select the correct country
Confirmation checklist
- Confirm your email from the message sent to your inbox
Verification checklist
- Enter identity details exactly as on your ID
- Upload a clear color copy of your passport or government ID
- Upload proof of address when requested
- Submit the verification request
Trading account checklist
- Open a Real or Demo trading account
- Select the account type you want
- Save account number, trading password, and server
- Install MT4/MT5 if you plan to trade there, then log in using the saved credentials
FBS account opening is a structured compliance-based process. The fastest path is not rushing through screens—it is entering accurate profile data, completing verification with clear documents, and saving the credentials you need for MT4/MT5 access. Once you treat your profile as the control center and your trading account as the execution account, the full setup becomes predictable: register, confirm, verify, open the account, log in, and trade.
Updated by FXBonus
Please check FBS official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of FBS", if you want to know the details and the company information of FBS.
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