We want to remind you that the choice of an account depends on the trading strategy, experience, intentions to trade any particular trading instrument(s), and initial balance. When choosing an account type, you need to ensure that the amount of leverage, commission, and recommended deposit size match your expectations.
Here you can view a comparative table of trading conditions (including the size of the spread, commission, leverage, maximum number of orders, etc.) of all types of accounts.
Below, you can find some information to help you understand which type is right for you!
I'm a newbie. What account type do you suggest?
The Cent account is the perfect choice for those who want to start real trading with small investments. On this account, you trade in cents, which makes it low-risk.
For example, if you deposit $10 to the Cent account, you will see it as 1000 in the trading platform, which means you will trade with 1000 cents.
Profits/losses are displayed in cents in MetaTrader as well.
The Cent account has a floating spread and no commission, and the maximum leverage is 1:1000.
This account is an excellent choice for beginners. However, it can be an attractive option for experienced traders who want to test new strategies.
I want to trade with a "happy medium" account. Do you have any?
A Standard account is ideal for traders looking for traditional trading experience. It offers ultra-competitive spreads without any commissions, and you can increase the leverage up to 1:3000.
I do not want to trade with accounts on the MetaTrader platform. Is there an alternative?
Sure! We offer an FBS Trading Platform that is more friendly to operate with for both new and experienced traders. It has essential features to make trading more convenient and accessible for traders. You can trade with Standard and Crypto accounts (real and demo) with this platform.
The trading conditions of these accounts are identical to the trading conditions of similar MT accounts.
I’m an experienced trader and I want an account with no limits on the number of open orders.
PRO account is aimed at clients with experience, strategy, and desire to increase their profit. Compared to other trading accounts, PRO has a lower spread; and the clients with this account can use VPS under special conditions. The maximum leverage provided is 1:2000, and the minimum deposit is 200 USD.
Please note that deposits below 200 USD cannot be credited to this account.
What instruments are available for trading on a particular account type?
Refer to this article if you want to know which trading instruments you can trade on a specific account.
We wish you successful trading!