Overview of FBS fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

As FBS focuses on CFD and forex trading, the most important cost elements are spreads and financing rates (overnight fees), commissions less so.

Disclaimer: 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Now, let's dive into the details and see what commissions, spreads, and financing rates FBS charges.

FBS commission and other fees
FBS commission and other trading fees

The good news is that FBS has low trading fees in general. We ranked the fees of FBS as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether FBS commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of FBS trading fees
FBS Admirals (Admiral Markets) XM
Forex Low Low Average
CFD Low Low Low
Financing rate Low Average Average

Now let's go over the trading fees for each asset class one by one.

FBS forex commissions and spreads

FBS forex fees are low. FBS forex commissions and spreads for individual currency pairs are charged as per the table below.

FBS forex commissions and spreads
FBS
EURUSD fee description Standard account: the fees are built into the spread, 0.7 pips is the average spread cost during peak trading hours.
GBPUSD fee description Standard account: the fees are built into the spread, 1.2 pips is the average spread cost during peak trading hours.

Check out how FBS forex fees compare to its two closest competitors.

FBS forex fees vs competitors
FBS Admirals (Admiral Markets) XM
EURUSD benchmark fee $10.4 $15.1 $17.5
GBPUSD benchmark fee $7.5 $7.8 $12.2
AUDUSD benchmark fee $11.2 $8.5 $14.5
EURCHF benchmark fee $8.9 $8.9 $6.3
EURGBP benchmark fee $14.3 $15.7 $15.5

Forex fees are calculated for a $20,000 trade using 30:1 leverage

FBS CFD commissions and spreads

FBS CFD fees are low. FBS CFD commissions and spreads for different assets are charged as per the table below.

FBS CFD commissions and spreads
FBS
S&P 500 CFD fee The fees are built into the spread, 1.5 points is the average spread cost during peak trading hours.
Europe 50 CFD fee The fees are built into the spread, 3.2 points is the average spread cost during peak trading hours.
Apple CFD The fees are built into the spread, 0.3 points is the average spread cost during peak trading hours.
Vodafone CFD The fees are built into the spread, 0.2 points is the average spread cost during peak trading hours.

Below you can see how FBS CFD fees compare with those of Admirals (Admiral Markets) and XM.

FBS CFD fees vs competitors
FBS Admirals (Admiral Markets) XM
S&P 500 index CFD fee $1.6 $2.3 $2.5
Europe 50 index CFD fee $2.3 $1.6 $3.1
Apple CFD $2.1 $1.1 $2.2
Vodafone CFD $1.8 $4.9 $0.0

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

FBS financing rates

FBS financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how FBS financing rates compare with those of Admirals (Admiral Markets) and XM.

FBS financing rates vs competitors
FBS Admirals (Admiral Markets) XM
EURUSD financing rate 2.3% 3.6% 3.7%
GBPUSD financing rate 1.4% 1.5% 2.3%
S&P 500 CFD financing rate 2.1% 5.2% 6.1%
Europe 50 CFD financing rate 1.5% 2.9% 4.4%
Apple CFD financing rate 2.6% 6.1% 6.0%
Vodafone CFD financing rate 2.6% 6.0% 5.9%

FBS commission and other fees
FBS non-trading fees

In addition to trading fees, it's important to see if FBS charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by FBS with its two closest competitors.

FBS non-trading fees vs competitors
FBS Admirals (Admiral Markets) XM
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee No Yes Yes

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

FBS commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by FBS and its closest competitors. To learn more about FBS, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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75.2% of retail CFD accounts lose money

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