Depositing funds into your account

Depositing funds into your account

2021-09-06 • Updated

When you open an account in FBS personal area, you need to decide how to deposit funds in it. Luckily, FBS provides great support to this service so you can add money to your account smoothly and quickly.

How to deposit money into an FBS account?

Firstly, you need to open the “Finances” tab in your personal area. After that, click the “Deposit” button.

In the second step, you need to choose the preferred deposit method. FBS gives access to depositing your account through local banks, different payment systems (for example, Transferencia Bancaria, BBVA Bancomer, Neteller, PerfectMoney, etc.), bank cards, bank wire transfers, and exchangers. You can deposit cryptocurrencies as well. Some payment systems may ask for a commission.  For example, Transferencia Bancaria has a 1.25% commission for each transaction. As for FBS, the company does not charge you additional fees or commissions.

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In the next step, you need to decide whether you prefer dealing with online payments, or you want to make an offline transaction.

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This step is the most important one, as you need to select an account for depositing and enter the sum of money you wish to deposit.

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Finally, you need to confirm the action by clicking deposit and do the steps your payment systems ask you to.

Most of the payment systems provide instant deposits to an account. However, there are some exceptions, including local banks, where this process may take about 15-20 minutes (but no longer than 72 hours).

As you can see, depositing funds with FBS is as easy as a pie!

What is the minimum deposit?

In FBS, the minimum deposit depends on the type of an account you choose. If you decide to trade with a cent account, you can deposit only $1. If you want to trade crypto in the crypto account, the sum of your deposit may be equal to $1 as well. As for the standard account, the initial sum you need to have should be equal $100.

What type of currency is preferred for a deposit? 

You can deposit any type of currencies you want to, including your national one. If you have Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or Tether, you can deposit them as well. Keep in mind that the deposit amount will be converted into USD or EUR according to the current official exchange rate on the day of the deposit execution. If you deposit into crypto account, the sum of money will be converted into USDT (Tether).

How is the money transferred into MT?

There is nothing difficult! After you deposited funds in your Personal Area, you need to download Metatrader 4 or Metatrader 5 (depending on the type of account you funded) and use your credentials in the login window of the trading platform.

Now you see that the process of depositing money turns out to be very quick and understandable if you trade with FBS. 

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Frequently asked questions

  • How to open an FBS account?

    Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading. 

  • How to withdraw the money you earned with FBS?

    The procedure is very straightforward.  Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.

  • How to start trading?

    If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.

  • How to activate Level Up Bonus?

    Open Level Up Bonus account in web or mobile version of FBS Personal Area and get up to $140 free to your account.

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