FBS Islamic Account
FBS offers Islamic swap-free trading on 2 trading account levels. FBS offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
| 🔎 Account | 🥇 Islamic |
| 📈 Leverage | 1:30 |
| 📉 Leverage Pro | 1:500 |
| 🔁 Spread from | 1 Pip |
| 📊 Market Execution | From 0.3 Sec |
| ☑️ Trade | 60+ instruments |
| 💻 Trading Platforms | MetaTrader 4 MetaTrader 5 FBS Trader App WebTrader |
| ✅ Account Types | Cent, Standard |
| 🚀 Open an Account | 👉 Click Here |
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FBS Islamic, Swap-Free Account – Key Points Quick Overview
Islamic, Swap-Free Account
Frequently Asked Questions
Who is eligible for a Swap-Free account?
The Swap-Free account is available for Muslim traders who are not allowed to receive or pay interest according to Islamic principles.
Can I use the Swap-Free option for all trading instruments?
The Swap-Free option is available for most instruments, but for Forex Exotic pairs, a weekly commission may apply to long-term positions.
How do I activate a Swap-Free account?
To activate a Swap-Free account, simply contact FBS’s 24/7 support team for assistance.
Are there any additional fees for using the Swap-Free account?
For most instruments, there are no additional fees, but Forex Exotic pairs may incur a weekly commission on long-term positions.
Our Verdict
FBS provides a Swap-Free trading option that makes trading accessible to Muslim traders who seek to avoid interest charges. With this feature, traders can engage in the Forex market without compromising their religious beliefs.
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
How to Open an FBS Account
1. Step 1: Start Application
The applicant can start the account application by clicking the “Open Account” button located at the top right of the FBS webpage.
2. Step 2: Register
The Applicant can register by completing the applicable information or via their Facebook, Google, or Apple account.
3. Step 3: FBS Trader Area
After completing the second step, you’ll be directed to the Trader Area where you can click “Proceed.” An email confirmation link will be sent to you—ensure you open it in the same browser as your Personal Area. Once confirmed, you can open your first trading account.
4. Step 4: Selection
The Applicant will now be required to select their preferred Trading Platform, Account Currency, and Leverage. Once the selection has been made, the applicant can click on “Open Account”.
5. Step 5: Confirmation
Congratulations! Your registration is finished. The applicant can now choose to Deposit Funds or proceed to the client area.
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Demo Account
FBS does offer a free demo trading account for all traders to practice forex trading in a 100% risk-free environment. Any time, traders can switch from real to demo accounts and vice versa.
Frequently Asked Questions
Can I open an account using my social media accounts?
Yes, registration is allowed using existing Google or Facebook credentials for a faster sign-up procedure.
Will I need to complete any forms to close my FBS account?
Yes, they may request that you complete particular paperwork or submit extra documents.
How can I benefit from using a demo account?
A demo account allows you to practice trading with virtual money in a risk-free environment. To maximize benefits, use the same amount of virtual money as you plan to invest in a real account, treat the demo account’s profits and losses as real, and focus on learning and improving your trading skills.
Why is it important to familiarize yourself with the trading platform using a demo account?
Each trading platform has unique features. Even experienced traders benefit from using a demo account to get acquainted with the platform, test strategies, and explore new markets without risking real money.
Our Verdict
An FBS demo account is an invaluable tool for building confidence and competence before committing real money to Forex trading.
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trading Platforms
It makes three trading platform options available, namely – MetaTrader4, MetaTrader5, and the FBS App.
MetaTrader4 vs MetaTrader5
| 🔎 Feature | 🥇 MT5 | 🥈 MT4 |
| ⌛ Timeframes | 21 | 9 |
| ⚙️ Tech. Indicators | 38 | 30 |
| 📊 Analytical Objects | 44 | 31 |
| ✅ Economic Calendar | ✅Yes | None |
| 🚀 Platform Speed | 64 bit | 32 bit |
| 💻 Order Execution | Market Execution | Market Execution |
| 📈 Pending Order Types | 6 | 4 |
| 📌 Hedging | ✅Yes | ✅Yes |
| 💹 Strategy Tester | Multi Threaded | Single Thread |
Frequently Asked Questions
Can I use automated trading robots with the MetaTrader platforms?
Yes, MetaTrader platforms support using automatic trading robots (EAs) to assist algorithmic trading techniques.
Can I use a mobile trading app with FBS?
Yes, it provides mobile apps compatible with both iOS and Android devices for MT4 and MT5.
What is MetaTrader 4?
MetaTrader 4 (MT4) is a popular trading platform used for trading Forex and other financial instruments. It provides advanced charting tools, technical analysis, and automated trading capabilities.
What is MetaTrader 5?
MetaTrader 5 (MT5) is an advanced trading platform designed for trading Forex, stocks, commodities, and other financial instruments. It offers enhanced charting tools, more indicators, and advanced trading features compared to its predecessor, MT4.
Our Verdict
FBS provides robust trading platforms to cater to various trader needs. MetaTrader 4 (MT4) offers a solid foundation with advanced charting, technical analysis tools, and automated trading capabilities, ideal for traditional Forex traders.
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overall Rating
-
4.9/5
Min Deposit
USD 5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App, WebTrader
Crypto
Yes
Total Pairs
550+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
In Conclusion
FBS offers a Swap-Free account option for Muslim traders who wish to avoid paying or receiving interest in compliance with Islamic principles. This feature ensures that traders can engage in Forex trading without conflicting with their religious beliefs.
While most instruments are available for swap-free trading, Forex Exotic pairs may incur a weekly commission on long-term positions. To activate this option, traders can contact FBS’s 24/7 support team for assistance.
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Frequently Asked Questions
Who is eligible for a Swap-Free account?
The Swap-Free account is available to Muslim traders who avoid interest based on Islamic principles.
Can I use the Swap-Free option for all trading instruments?
Most instruments are swap-free, but Forex Exotic pairs may have a weekly commission on long-term positions.
How do I activate a Swap-Free account?
To activate a Swap-Free account, contact FBS’s 24/7 support team for assistance.
Are there any additional fees for using the Swap-Free account?
There are no additional fees for most instruments, but Forex Exotic pairs may incur a weekly commission on long-term positions.
Can I trade Forex Exotic pairs with a Swap-Free account?
Yes, but Forex Exotics may be subject to a weekly commission on long-term trades.
Is the Swap-Free account available to all FBS traders?
The Swap-Free option is available to traders in non-Islamic countries who request it.
Can I switch from a regular account to a Swap-Free account?
Yes, you can switch by contacting FBS support for assistance.
Are there any trading limitations with a Swap-Free account?
There are no limitations on most instruments, but long-term Forex Exotic positions may incur extra fees.
Can I trade on MetaTrader platforms with a Swap-Free account?
Yes, Swap-Free accounts are compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
How long does it take to activate a Swap-Free account?
The activation is immediate once you contact FBS’s support team.
