minimum deposit for fbs micro account. 07. minimum deposit for fbs micro account

 
07minimum deposit for fbs micro account  However, FBS levies hefty withdrawal costs and only accepts USD and EUR as currency options

Kwakol Markets – Best VIP Account for Professional Tanzanian Traders. 4: Margin Call:. All you need to open a Micro account at FBS is to make an initial $5 deposit and verify your account. Bonuses like the 100% deposit bonus, level-up bonus, and cashback are available on the Micro Account. In Conclusion Now it is your turn to. This is why it is often better to open a standard trading account with a micro lot forex broker. Deposit amounts depend on the payment system and account type . They provide Commodity CFD, Forex CFD, and Cryptocurrency CFD trading in a single account. FP Markets – User-Friendly NDD Cent Account Broker. MT4 account whereas the 100% Bonus will require a. FBS Review 4. ️ FBS Standard Account – Variable, from 0. Open An Account. The Micro account at FBS also offers commission-free trading, albeit, spreads start from 3 pips. Verify. The Micro account provides traders with our best bonuses – 100% Deposit Bonus, Level Up Bonus, and Cashback. With the above conditions, you can start trading from $100 of minimum deposit amount. Minimum deposit: from $1: from $1: from $1000: from $1: from $1: from $1: from $1. subscribers. Thus, if you deposit $10 into a. So, let’s dive in and explore the exciting world of FBS account types!. Trading 212 – Low minimum investment required. Deposit. FBS – Overall, Best Minimum $1 Deposit Broker in Kenya. On the FBS’s Micro account, you can invest in 35 Forex currency pairs, 4 metals and 3 CFDs. There are a growing number of people that are finding their way into the currency markets. Exness Review 6. 1 USD. Choose the most comfortable payment method! Deposit Withdrawal Indonesia Virtual Account 0% Instantly From 200 000 to 100 000 000 IDR Bank Central Asia (BCA) 0%. The minimum first deposit for a FBS Cent Account is only 1 USD and all traded lots are denominated in cents. Day traders, also referred to as scalpers, should aim to start with a minimum deposit of between $120 to $240 with brokers offering micro lots, and at least $12 for those offering nano lots. However, FBS charges exceptionally high withdrawal fees and only provides accounts in USD and EUR. FBS Minimum Deposit Guide (2021), minimum deposit fbs standard account. If you go for the Micro Account, you will be required to deposit a. On XM’s micro account you can trade forex on MT4 or MT5. 📈 OctaFX Micro Account (Cent Account) 📉 OctaFX Pro Account: 📊 OctaFX ECN Account: 📈 OctaFX Islamic Account: For traders who want to trade on a small budget. Standard Account – Minimum Deposit amount: $100 or R1600 ZAR. InstaForex – $1000 NDB. XTB – No Minimum Deposit MT4 Forex Broker. This means that both brokers offer very low deposits, which is beneficial for beginners who want to try Forex Trading without having to deposit a lot of money. To make a deposit, please follow these steps: Open the “Finances” menu, find the “Deposit” button and click on it; Proceed to the "Local banks of South Africa" page; At this step, you need to introduce all the required information, such as your full. FBS Review Octafx Review CM Trading Review FP Markets Review Tickmill Review Go Markets Review. You may be new to forex, so a demo account. In total FBS has 6 different account types that are designed to meet different traders' needs in South Africa. FBS – $1 Minimum Deposit and Leverage of up to 1:1000 on Cent Accounts;. On the FBS’s Micro account, you can invest in 35 Forex currency pairs, 4 metals and 3 CFDs. Many top brokers like FXTM, FP Markets, XM, FXCM, FBS, HotForex and OctaFX allow traders to trade with micro lots. Micro account. FBS charges a minimum deposit amount starting from 1 USD. The Micro account provides traders with our best bonuses – 100% Deposit Bonus, Level Up Bonus, and Cashback. ; FBS allows people to try Cent trading through a free demo account. FBS 9. In addition, this broker has minimum deposit requirements – you must add your FXTM micro account with a minimum of $ 10 equivalent to other base currencies. JustMarkets – Best Proprietary Mobile Trading App in Botswana. FBS charges a minimum deposit amount of 1 USD. From then on the user can grow, while any mistakes are stress free and can actually help rather than frustrate. 09. In this case, those accounts are: Cent – $1 ; Micro – $5; Standard – $100; Zero spread – $500;. Cent Account Forex Brokers Micro Account Forex Brokers PAMM Account Forex Brokers Swap Free Account Brokers. The minimum deposit for the FBS micro account is also $5. Open FBS Real or Demo Account. However, we always recommend choosing a micro or a demo account for a start. The trial period expires after 90 days. Discover the benefits of trading accounts offered by Octa: low spreads, no fees or trading commissions, quick opening, and favourable trading conditions for all platforms. The minimum deposit for traders under Tradestone Ltd (Cyprus):. The minimum deposit required to open an FXPro Account is $100 USD. Traders that opt for this account have the opportunity of claiming a 100% deposit bonus and the special FBS Level-up Bonus. 📉 Standard Account:. It offers tight spreads and access to various trading instruments. HYCM – One of the oldest. 01 lots which equals to 1,000 units. Tickmill Review 5. A Complete Guide and FAQs. FXTM – Micro Account with $10 USD Minimum Deposit. Cent Account Forex Brokers Micro Account Forex Brokers PAMM Account Forex Brokers Swap Free Account Brokers. 🔎 Account Type. 01 up to 500 lots, with 0. FXTM – Best Low Minimum Deposit Broker for Beginners. On FBS’s Micro account, you can trade micro lot. Here’s a list of the best legit and regulated low minimum deposit Forex brokers with small micro accounts: 1. 1: 0. videos. 2) Cent Account . There is also a Micro account and it has a $5 minimum deposit for forex. FBS offers a 100% deposit bonus, $123 FREE bonus, and cashback for the Micro account. RoboForex – Excellent Educational Resources. MT4, Zero. They will be able to open live accounts with smaller deposits, as low as $5, and experience the actual Forex trading. Standard and Micro accounts have a minimum deposit of $5 and allow for leverage up to 1:3000. Compatible with bonuses. 👉 Click Here. Kenyan traders can deposit a minimum of $1 to open a live account with FBS, which, at the current conversion rate between the US dollar and the Kenyan shilling, is equivalent to 110 KES. Oanda – Best Broker for Beginners. For instance, XM's minimum deposit is $5, while FBS requires only $1. **Zero spread for top 30 instruments 95% of the day but can also be zero spread for other trading instruments 50% of the day depending on. FreshForex – Best. XM makes 4 live trading accounts available, the Micro Account, the Standard Account, the XM Ultra Low, and XM Shares Account respectively. 💰 Minimum Deposit: $100: 🚀 Open an Account:Account Name: Micro Bonus200% Minimum Deposit: R50 Leverage: 1:500; Spreads: From 1 pip Instruments: Indices, currencies, energies, and metalsOpen account; Deposit funds; Withdrawal; Trader's Calculator. Minimum Deposit. Along with the Micro account, FBS’s Standard account type also offers 1:3000 high leverage. Minimum deposit $ 500; STP execution; Fixed Spreads from 0. The maximum leverage is 1:1000 at the Cent account. If you are happy to meet an initial minimum deposit of $500, you might consider opening a Zero Spread account at FBS. HF Markets – High User Trust Score. FBS Zero Spread Account. 1st Place Visit Broker 2nd Place Visit Broker 3rd Place Visit Broker 4th Place Visit Broker 5th Place Visit Broker FBS Minimum Deposit The minimum deposit amount required to. This deposit will mean that you won’t risk more than 0. FXTM – Best Low Minimum Deposit Broker for Beginners. OctaFX 2. SuperForex – Best Islamic Account for Muslim Traders. Traders still access full. As mentioned earlier, the minimum deposit when using FBS differs with the account type. Deposit, trade, and succeed!Fbs account. Our average EUR/USD spread is 0. Micro Account. FBS Micro Account starts with a $5 initial deposit. IB Commission = Lot Volume * (Spread * Level Multiplier + ECN Commission * Level multiplier), where. XM micro account: Best for beginners. All you need to open a Micro account at FBS is to make an initial $5 deposit and verify your account. Here's tip: don't worry if you decide to switch brokers after depositing. Traders usually search for forex brokers with no minimum deposit or micro accounts for several reasons. A Micro account's main feature is the lack of spread during normal trading conditions. Brokers by Account Type. Select the account you wish to deposit funds into and enter the deposit amount. On the FBS’s Micro account, you can invest in 35 Forex currency pairs, 4 metals and 3 CFDs. Besides, please consider that the minimum deposit for different payment systems may differ. MiTrade – Best Proprietary Software Broker for Nigerian Traders. It provides a wide selection of trading instruments, and also periodically hosts various competitions and promotions. However, there is a high risk of losing money. As for the spreads, FBS applies a floating spread of 1 pip, and the leverage is set at 1:30. OctaFX – Best $5 Minimum Deposit Trading Platform. Forex4You – OffShore Low Deposit Broker. But you can only trade forex, metals, and commodities with this. 0001 standard lots), while the Micro account offers. Please, refer to the following table for the exact spread rate for each instrument. The standard account has a minimum deposit requirement of 100 US dollars while Zero Spread. In this article you will find everything you need to know about XM minimum deposit. FBS has minimum non-trading fees. Leverage frequently varies by item being traded and may also vary based on account type, what country you are. SuperForex – Best Islamic Account for Muslim Traders. Also, the minimum recommended deposit for the Bitcoin. Account Minimum. FBS Zero Spread Account. JustForex. 1 nano lots. XM provides four different account types. It does not charge any commission, and cent account traders are able to trade a maximum volume of up to 1,000 cent lots. In addition, when withdrawing funds, Kenyans can expect the following withdrawal fees: Credit Card – $1 commission. Once the user feels ready, he or she can move on to other account types. A bonus is described as a way to compensate traders for choosing a certain broker. On the FBS Cent account,. On its entry-level accounts, FBS has a low minimum deposit requirement and offers micro-lot trading, as well as offering reduced spreads on accounts that have greater minimum deposits. Each account type has its own set of conditions for commission, margin call, leverage, and minimum deposits. 📲 Account Types: FBS Cent Account, FBS Micro Account, FBS Standard Account, FBS Zero Account, FBS ECN Account, FBS Crypto Account: 💸 Trading Assets: Forex, Precious Metals, Indices, Energies, Stocks, Exotic Forex, Cryptocurrencies: 💻 Negative Balance Protection? Yes: 📞 Margin Call: 40%: 🛑 Stop-Out: 20%: 💰 Minimum Trade Size: 0. Enter your wallet information or bank information or credit card information. The maximum leverage on forex pairs is 3000:1. Demo accounts are available on all accounts. High. The minimum deposit amount required will. Micro accounts are commission-free and have a minimum deposit of 5 USD. It was established in 2009 and offers a wide range of CFD and FX trading instruments across several asset classes. Payment methods: Bank wire, Credit Cards, Skrill, Neteller, Bitcoin, PerfectMoney. Cent Account Forex Brokers Micro Account Forex Brokers PAMM Account Forex Brokers Swap Free Account Brokers. Account type: FBS Micro Account: Minimum Deposit: $5 / R 80 ZAR: Fixed spreads: 3 pips: Commission: Zero-commission trading: Leverage: 1:3000: Open positions: Max 200: Order volumes: from 0. (0. Micro accounts are commission-free and have a minimum deposit of 5 USD. Forex brokers with $10 Minimum deposits: AccentForex $10, AdmiralMarkets $10 Alpari $1, CMCMarkets $1, FBS $1, FinPro Trading $5 and more. They have almost everything: trustworthy regulation, low commissions, and spreads, a good cent account for beginners, and possibly the lowest minimum deposit that brokers currently offer. The account comes with Negative Balance Protection and minimum lots at 0. BDSwiss Review 7. 5% of your investment, as day trading usually involves stop losses of about 5 to 10 pips . Besides, please consider that the minimum deposit for different payment systems may differ. FBS is a well-regulated broker and while. Availability: Under ASIC, DFSA, FSC. Unlike the cent and standard accounts, the spread is fixed. The Standard account offers competitive spreads without any commissions. Open FBS Cent Account. 5$/lot per side: Order execution: Market Execution: Market Execution: Spread: From 0. Minimum account balance and deposit at FBS as of October 2023 This article discusses what the minimum account balance (if required) and the minimum deposit (if required) at FBS stand for. This will be beneficial for people who are new to the forex market. If the minimum is met, 100 cents will be the starting balance. Kwakol Markets – Best VIP Account for. On Cent account, you can trade 100 times smaller than the minimum volume. Most trusted Forex Broker With $10 dollar Minimums. Alpari 10. Leverage of up to 30:1 is offered on all accounts, although professional traders can obtain up to 500:1. Exness – Overall, Best Cent Account Broker in Kenya. Choose “From account” and “To account”. As for trading-related fees, FBS undoubtedly offers the best micro account. 01 cent lots (1 000 cents or USD 10) ensures Standard Cent accounts are ideal for practicing trading or putting your trading strategies to the test with less risk. 1. IC Markets Review 8. Zero spread account – $ 500 minimum deposit – best for news trading. The minimum deposits for the FBS accounts depend on the type. Traders can trade a minimum of 0. HF Markets – Top Minimum Deposit Forex Broker. Become the first to know about the all forex bonuses from responsible brokers (forex and binary options) throughout the world like no deposit bonuses, forex brokers rankings, forex signals, deposit bonus, no deposit forex bonuses, forex contests, binary options bonuses, and many other useful news, verified and posted daily by our competent columnists from. 4: From 0. for the "Cent" account, the minimum deposit is 5 USD; for "Standard" account - 100 USD. The minimum deposit for FBS Micro account allows users to start trading with a 5 US dollar initial investment (72 ZAR). Unlike the cent and standard accounts, the spread is fixed. FBS’s Standard account is recommended for traders who can’t decide which account to get. FXTM – High Beginner Trust Score. FBS Account Information and Trading Instruments. On this type of account, traders have higher leverage options up to 1:3000. The Zero. With the minimum trade volume, it starts from 0. Pick a deposit method. FBS trading account types. An FBS ECN Account is also available. Assuming that the leverage levels are the same for both platforms, you can calculate your margin used accordingly using calculator margin . HF Markets – Suitable Broker for Beginner Traders. FBS offers six different retail trading accounts namely an FBS Cent Account, FBS Micro Account, FBS Standard Account, FBS Zero Account, FBS ECN Account, and FBS Crypto Account. We will compare FBS Cent, Micro, and Zero Spread accounts with each other in different criteria. The spreads offered on the standard account are in line with the micro account, but there is the removal of the. 2, and you need at least this amount to begin trading. They have almost everything: trustworthy regulation, low commissions, and spreads, a good cent account for beginners, and possibly the lowest minimum deposit that brokers currently offer. The minimum deposit amount, in general, is $1 except for the “Pro” account type. InstaForex – $1000 NDB. In the FBS’s Micro account, you can trade from $5 of minimum deposit amount and maximize your trading opportunity with 1:3000 high leverage. FBS – Overall, Best Forex Broker with a $1 USD Minimum Deposit. Here are the main features of the Micro Account: Minimum deposit: $1; Leverage: Up to 1:3000; Order volume: From 0. Plus 500. The minimum deposit amount, in general, is $5. FBS Review 4. The smallest deposit you may make with XM is $5. The minimum spread for Forex currency pairs is fixed to 3. Use the FBS online trading calculator to calculate your profit. To open an account, you need to deposit 5 USD minimum. The FBS micro account facilitates a huge leverage of up to 3000:1 as well on this micro account with the fixed spreads starting from 3 pips. It offers tight. A zero-spread account is the best option for news trading, requiring a minimum deposit of $500. You can deposit to your FBS forex account using credit and debit cards, and electronic wallets like Neteller and Skrill. FBS provides six retail trading accounts: an FBS Cent Account, an FBS Micro Account, an FBS Standard Account, an FBS Zero Account, an FBS ECN Account, and an FBS Crypto Account. FBS – Low Micro Account Minimum Deposit. The minimum deposit for this type of account is €10. 5 pips: Commission: Zero-commission trading: Leverage: 1:3000: Open positions: Max 200:The minimum order volume is 0. The FBS Standard Account minimum deposit is $100. Standard account: $100; Cent account: $1; Micro account: $5; Zero Spread account: $500; ECN account: $1,000; The minimum deposit for traders under. 01 lots which equals to 1,000 units. Standard. Cent. A micro account is another type of forex trading account that requires even lower minimum deposits than a mini account. Cent. The leverage is 1:3000 for micro traders. Live Trading Accounts. IC Markets Review 8. FBS offers 6 types of accounts, including Micro account. BDSwiss Review 7. Do note that the balance for the accounts is reflected as cents, or any other available cent currency; so if you deposit USD 5, your account balance. 0 pips and maximum leverage hat may be used is 1:500. Overall, FBS offers a free demo account. FBS Deposit and. For the cent account, the required minimum deposit is $10. Cent Account – balances reflect in cents, offering. Feel confident in trading with a multi-award-winning, well-regulated broker. Oanda – Best ECN Broker for Kenyan Traders. Micro account – $ 5 minimum deposit – best for beginners. XM makes 4 live trading accounts. They have varying minimum deposits where the micro and standard have $5, XM Zero $100, XM Ultra-low $50, and the Shares with $10000. For example: If a trader makes a minimum deposit of $200 USD, the Broker will reward them with an additional $200 USD to trade with. FBS broker minimum deposit is only 1 USD. If you want to know more, please have a look at our FBS Standard Account review article. Exness Review 6. This account is also available swap-free. But the initial reason is to check the market and get practical knowledge about the respective broker. 📊 Zero Spread Account: 💵 Minimum Deposit: $0: $100 for Strategy Provider, $25 for Follower: $100: $0:. 5$. FBS Micro account: Best for casual traders. Core. Sign up for free with Vantage Markets and deposit into your MetaTrader account!Lots traded = amount at risk / (points at risk *point value) In this case, at 10 000 units (or one mini lot), each point move is worth $0. Exness – Best MetaTrader4/ MT4 Broker. Alpari – Well-Regulated Low Minimum Deposit Broker. Here we recommend you to start trading with an initial deposit of $1000. However, there are a. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency. Open the Deposit within the Finances section in your Personal area. FBS – Best Broker for Crypto Trading in Tanzania. Both recommended minimum deposit and balance for the “Pro” account type is 200$. Our MetaTrader 4 and 5 servers are located in the Equinix NY4 data. FBS – Best Broker for Crypto Trading in Uganda. Vault 200, Vault 100, Vault Swap-Free, Vault Zero, Vault No Bonus, Vault 1000, Vault 24/7, and Vault Micro. Brokers by Account Type. An up-to-date actionable broker summary of AvaTrade account types on offer ranging from micro, demo & live accounts. The minimum deposit at FBS depends on the account type that you open. XTB – No Minimum Deposit MT4 Forex Broker. 🌐 Core. Both recommended minimum deposit and balance for the “Pro” account type is 200$. 01 with a maximum of 200 open positions and pending orders. 50 per lot payable per side. Skip to content. Tickmill Review 5. Enter your wallet information or bank information or credit card information. FBS Zero Spread account – The same is for this account, the minimum deposit is $500, the fixed spread is 0 pip but there is a commission of $20 per. Click on “Finances” in the menu at top of the page. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency. RoboForex – Best No Deposit Broker with a Mobile App. Open FBS ECN Account 7 Best Brokers with Minimum $1 Deposit in Botswana. However, it's worth noting that the minimum deposit for a micro account at XM is actually $5, and XM offers a maximum leverage of 1:500, while FBS offers a maximum leverage of 1:3000. It also has low fees and offers excellent. com . Cent account; Micro account; Standard account; Zero Spread account; ECN account; Crypto account: 💰 Bonus : Open any one of the Level Up accounts and receive $140 / ZAR 2240 bonus :. FBS – Best Cent Account Broker for Beginners. The biggest difference with the standard account is that the trader’s balance is in terms of cents. You can use your e-wallets such as Skrill, Neteller, Fasapay to deposit funds into your AXI account. It means you can deposit $100 and trade like you are using. As for the spreads, FBS applies a floating spread of 1 pip, and the leverage is set at 1:30. Much like the Micro account, the spreads are offered on a floating basis. (MT4) and MetaTrader 5 (MT5). This deposit is also known as an initial deposit or funding. In FBS’s ECN account, you can trade 25 Forex currency pairs. Choose from various platforms, including MT4, MT5, WebTrader and AvaTradeGO app, and over 1,250 popular assets, across Forex, Stocks, Commodities, Indices, ETFs and Options. 07. The FBS minimum deposit is $1 (16 ZAR) with Cent trading account. 3) Micro accounts. FBS Minimum Deposit . In the FBS’s Micro account, you can trade from $5 of minimum deposit amount and maximize your. InstaForex – Best Micro Trader Account. This order is the meeting point between the FBS Cent order and the Standard order. This is something that has attracted a lot of traders to try out this platform. com. The standard account has a minimum deposit requirement of 100 US dollars while Zero Spread minimum deposit starts from 500 US dollars. Micro Account: - Minimum Deposit: $5 - The Micro Account is suitable for traders who want to increase their trading volume with a modest investment. FBS offers access to a 100% Deposit Bonus with no limit on the deposit made. ThinkMarkets – Award-Winning Low deposit Broker. FBS Review Octafx Review CM Trading Review FP Markets Review Tickmill Review Go Markets Review. HFM supercharged bonus: Combines a 100% bonus on each deposit over $250 for up to $50,000 and cash rebates of $2 per lot accredited daily. Exness – Overall, Best Cent Account Broker in Kenya. FBS Zero account allows professional traders to open an account with a fixed spread as low as 0 pips. RoboForex – Best No Deposit Broker with a Mobile App. MiTrade – Best Proprietary Software Broker for Nigerian Traders. In general, the FBS broker is an adequate and reliable company. Recommended Brokers: ForexChief: offers six live trading accounts: Cent, Micro, Standard, Zero-spread, ECN and Crypto. FBS – $1 Minimum Deposit and Leverage of up to 1:1000 on Cent Accounts;. FBS Minimum Deposit - FBS, a well-known brand in the forex market, has long been serving traders from all over the world, this company offers deposits from $1for "Micro" account - 5 USD; for "Standard" account - 100 USD; for "Zero Spread" account – 500 USD; for "ECN" account - 1000 USD; for "Crypto" account - 1 USD. For cooperation, please contact us via support@fbs. 3 commission. Enter your email and password to access the FBS Personal Area. 5% and an additional commission of $0. FP Markets – User-Friendly NDD Cent Account Broker. FBS in Dubai is one of the trusted brokers for Forex trading in the UAE. Unlike standard accounts, where the minimum deposits range between $500 and $10,000. The spread is floating, starting from 1 pip. 5% + $0. and much, MUCH more! Top 100 Forex Brokers in the World (2023) – A Comparison Broker. Alpari – Award-Winning CFD Broker. Please, take into consideration the following deposit recommendation for "Standard" account - 100 USD. In addition to these fees, FBS imposes the following withdrawal fees, depending on the type of payment used: Credit/Debit Card – $1 commission. The minimum volume is 0. 01 lots. Fund deposit from 1 USD. Access to both the MT4 and MT5 trading platforms. Zero Account. Standard Account 6 Best Forex Brokers with Micro Accounts (2023) HFM – Overall, Best MetaTrader5 Broker with a Micro Account. Forex Robots • EAs 🤖 – Telegram. Minimum Deposit. Please, refer to the following table for the exact spread rate for. FBS Cent Account Deposit and Withdrawal. Maximum: unspecified. 07. When Nigerian traders register a live account with FBS, they are subject to an ultra-low minimum deposit amount from $1, which is equal to 400 Nigerian Naira (NGN) according to the current exchange rate between USD and NGN. The minimum deposit amount required to open an FBS live trading account will depend on the account option chosen. That holds valid for both of the popular account types; the Standard and Micro accounts. Lots traded = $50 / (200*$0. ; 賂 Forex4You – OffShore Low Deposit Broker. It provides a low-risk environment to hone your trading skills. Account type: FBS Micro Account: Minimum Deposit: $5 / R 80 ZAR: Fixed spreads: 3 pips: Commission: Zero-commission trading: Leverage: 1:3000: Open positions: Max 200: Order volumes: from 0. 3) Micro accounts. These account. Recommended Brokers: ForexChief: Review 4. Oanda – Innovative Trading Tools. 5 pips. 3. FBS Review 4. Brokers with a minimum deposit of $5 A minimum deposit forex broker will let you deposit a very small sum of money to get started trading. ;The minimum deposit for trading nano lots on FBS is $10 for European clients and $1 for non-EU clients; The spread on the FBS cent account starts at 1 pip,. HF Markets – Top Minimum Deposit Forex Broker. However, it's worth noting that the minimum deposit for a micro account at XM is actually $5, and XM offers a maximum leverage of 1:500, while FBS offers a maximum leverage of 1:3000.