FBS Minimum Deposit

FBS minimum deposit is AUD 50.

This review is a breakdown of FBS minimum deposit requirements in Australia, supported payment methods, associated fees, and how FBS’s minimum deposit compares to other CFDs and forex brokers in Australia. Let’s find out how much you need to get started with FBS.

What’s the minimum deposit for FBS?

The minimum deposit on FBS in Australia is AUD 50. This applies to all payments methods supported on the platform. FBS offers 3 account types (Cent, Standard, Ultra) and this amount applies to all of them.

FBS also offers professional accounts to experienced traders after meeting certain criteria.

Accepted Deposit Methods on FBS Australia

FBS offers a range of ways to deposit into your trading account:

1) Bank Transfers: FBS accepts deposits via local bank transfers in Australia. The minimum amount when depositing from your bank account is A$50, it takes about 15-20 minutes for funds to be credited to your trading account. FBS fees for deposits via bank transfers are shown on the deposit page, it is not fixed.

You can also withdraw to your Australian bank account from FBS. Minimum withdrawal amount is A$1, which is processed with 15-20 minutes and can take up to 48 hours for the funds to reach your account. FBS withdrawal fee to bank accounts is displayed on the withdrawal portal.

2) Credit/Debit Cards (Visa, MasterCard): FBS accepts deposits via cards. The minimum deposit when using cards on FBS is A$50, funds are generally credited instantly to your trading account. FBS charges zero fees for deposits via cards.

FBS also supports withdrawal to cards, the minimum withdrawal amount on FBS for card withdrawals is A$1. It takes about 15-20 minutes for the withdrawal to be processed and can take between 2 to 7 days to receive the funds. FBS charges withdrawal fees, starting from €0.5 per transaction.

3) E-wallets (Skrill, Neteller): You can also make deposits to your FBS account through e-wallets. The required minimum deposit is A$50, it is credited instantly and the deposit fees depends amount you are depositing and will be shown on the deposit portal.

FBS also supports withdrawals to e-wallets like Skrill and Neteller. The minimum withdrawal amount allowed is A$1. Withdrawals are typically processed within 20 minutes and you to receive the funds instantly. Withdrawal charges for e-wallets starts from 3.99%-4.99% and cannot be less than A$1 per transaction.

FBS Deposit Methods Table

Here is a summary of payment methods accepted by FBS for deposits.

FBS Deposit Rules

1. Deposit Fees: FBS does not charge any deposit fee for any of the methods they support, the amount of money you deposit is what will be reflected in your trading account. Although FBS offers free deposits, your bank, card issuer or payment processor may charge an independent fee.

2. Deposit Time: You can make deposits to your FBS trading account at anytime. Deposits via cards (Mastercard/Visa) and e-wallet (Skrill and Neteller) are credited instantly, while bank transfers take 15-20 minutes to be credited.

3. Payment Source: Deposits must come from accounts (banks, cards, e-wallets) held in your own name. You will be required to verify your account before you can deposit using cards. You will need to provide your ID and proof of address to verify your account.

How do I deposit money into my FBS account?

Step 1: Access your FBS dashboard.

Step 2: Navigate to the ‘Finance’ tab. From there, tap on ‘Deposit’ and opt for your preferred payment method.

Step 3: Input the desired amount to add, then click the ‘Deposit’ button. Follow the prompts to finalize your deposit transaction.

Comparison Of FBS Minimum Deposit With Other Brokers

Here is a comparison of FBS minimum deposit with that of their competitors.

FBS Minimum Deposit Australia FAQs