FBS Minimum Deposit

How Much is the FBS Minimum Deposit

The FBS broker minimum deposit is 2 USD (approximately NGN 3,000) when you are depositing from any Nigerian bank. However, some deposit methods come with a higher minimum so we will discuss all FBS deposit methods available to Nigerian traders.

1. Local Bank Transfer

FBS allows you transfer funds from your Nigerian Bank Account into the FBS receivable account from where FBS will disburse it into your trading account.

Most major Nigerian Banks such as Zenith, First Bank, UBA, Globus, Access, Wema, Sterling, Fidelity etc. are supported and the deposit processing time at FBS is instant.

2. Card Deposit

FBS accepts deposits and withdrawals using Visa and MasterCard. The minimum deposit is also $3.

3. Sticpay

You can make withdrawals and deposits into your account using Sticpay.

The minimum deposit using Sticpay is $5 and depositing into your trading account is instant.

4. Neteller

FBS accepts deposits and withdrawals using Neteller. Depositing into your trading account using NETELLER is done instantly and is free. The limit for deposits is from $10 to $100,000.

5. Skrill

You can make withdrawals and deposits into your account using Skrill.

The minimum deposit using Skrill is $12 and the maximum deposit is $500,000 and depositing into your trading account is instant.

6. USSD

You can make deposits into your trading accounts using USSD. It takes 15-20 mins for deposits to reflect into your account.

The minimum amount to deposit into your account using this 1,300 NGN and the maximum amount is 4,000,000 NGN.

7. Crypto

You can make deposits into your trading accounts using Crypto options like Bitcoin, USDT (TRC20), and USDT (ERC20). It takes 15-20 mins for deposits to reflect into your account. The minimum amount to deposit into your account using this $1.

FBS Broker Minimum Withdrawal

The FBS minimum withdrawal is 1,200 Naira when you are withdrawing to a Nigerian bank account.

Other withdrawal methods have higher withdrawal limits like Skrill has a 10 USD minimum withdrawal, Neteller has a 4 USD minimum withdrawal, Mastercard has a 5 USD minimum withdrawal & Visa Card has a 2 USD minimum withdrawal.

FBS Broker Withdrawal Time

Withdrawal time at FBS broker is instant when you are withdrawing to a Nigerian Bank Account. Bank withdrawals must be split into the number of times you deposited for example if you made 3 different deposits, you must make 3 different withdrawals.

Withdrawal time through Skrill, Neteller & Bank Cards take 24 hours but can reach 7 days if there are challenges.