Overview of FBS fees and charges
When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.
If fees are your top concern, FBS is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.
I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how FBS fared:
- FBS charges low FX fees and low CFD fees.
- There is no inactivity fee even if you leave your account idle for a long time.
- The basic withdrawal fee is $0, but some transactions may cost more.
- Read our full review of FBS for info on safety, trading platforms and funding.
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 1.5 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 3.2 points is the average spread cost during peak trading hours. |
| EURUSD | Low | Standard account: the fees are built into the spread, 0.9 pips is the average spread cost during peak trading hours. |
| Inactivity fee | Low | No inactivity fee |
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72.12% of retail CFD accounts lose money
Specifically, FBS has low stock and stock index CFD fees, but it has average forex spreads.
FBS has different cost structures for its different account types. In this review, we tested the Standard account.
Low FX fees
This FX fee classification is based on a trade scenario calculation, which captures spread, commission, and overnight fees. FBS has average spreads, but FX overnight fees are low.
|
EURUSD spread
|
0.9 | 0.1 | 0.1 |
|---|---|---|---|
|
GBPUSD spread
|
1.0 | 0.5 | 0.8 |
|
AUDUSD spread
|
1.4 | 0.6 | 0.8 |
|
EURCHF spread
|
1.7 | 1.4 | 1.0 |
|
EURGBP spread
|
1.6 | 0.7 | 0.7 |
Low CFD fees
|
S&P 500 index CFD fee
|
$1.3 | $3.2 | $3.3 |
|---|---|---|---|
|
Euro Stoxx 50 index CFD fee
|
$1.9 | $2.8 | $3.2 |
|
Apple CFD fee
|
$4.1 | $3.7 | $7.1 |
|
Vodafone CFD fee
|
$5.5 | $7.0 | $16.9 |
No inactivity fee, no withdrawal fee
There is no deposit, withdrawal or account fee. FBS also doesn't charge an inactivity fee, which is a great plus and sets it apart from its closest competitors.
| Broker | Inactivity fee | Withdrawal fee |
|---|---|---|
| FBS | $0 | |
| Admirals (Admiral Markets) | $0 | |
| XM | $0 |
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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.
