I live in Thailand since 2016. I trade using the accounts of several Forex Brokers. I try to provide simple information based on my actual experience. For others, see [Profile].
FBS

FBS Deposit Methods | Fees and Conditions

I will explain how to deposit into FBS account.

If you haven’t opened a FBS account yet, please open an account by referring to my article.

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FBS Deposit Methods

The following deposit methods are available on FBS.

Available deposit methods vary depending on your country of residence.

The explanations from here on are based on the ones available in Thailand where I live, but please visit the official website to know which deposit methods are available in your country.

MethodFeesProcessing Time
Bank TransferNo FeesInstantly
SkrillNo FeesInstantly
NETELLERNo FeesInstantly
STICKPAY2.5%+$0.3Instantly
Perfect MoneyNo FeesInstantly
Credit/Debit CardNo FeesInstantly
Cryptocurrency2%15-20 min

The part surrounded by the red line is the deposit method corresponding to Thai local payment.
It depends on the country or region where you live.

fbs deposit methods

Restrictions on withdrawal by deposit method

There are the following restrictions.
From a money laundering perspective, this is almost same for any forex broker.

  • If you deposit with a credit card, you can withdraw up to the deposit amount.
  • For credit cards, there may be further restrictions depending on the card company.

If you deposit with a credit card, the maximum withdrawal amount is the deposit amount.
In other words, if you make a profit, you can only withdraw the profit by bank transfer.

Although it is a restriction by the credit card company, for example, you may not be able to withdraw money after a certain period of time (several months).
This is because in the case of credit card withdrawal, it will be refunded (withdrawn) by canceling the deposit.
For the same reason, credit card withdrawals may take long time.

How to Deposit into FBS account

From here, I will explain the specific deposit method using my account.

Only the main ones will be explained.
Skrill, NETELLER and STICKPAY have almost the same flow.

As mentioned above, the available deposit methods vary depending on the country or region where you live, but here I will explain the following major deposit methods.

  • Bank Payment
  • Skrill
  • Credit/Debit Card
  • bitcoin

Log in to FBS Member Dashboard

First, log in from the top page of FBS and display the client portal.

Click “Deposit”

fbs deposit from cabinet

Deposit by Bank Payment

Bank Payment is an example of local payment in Thailand.
Please see for reference.

Offline Payment

fbs offline payment

Transfer Money to an Account

Transfer money to the displayed account

fbs offline payment (detail)

Online Payment

Online payments are also offered in Thailand

fbs online payment

Enter the Deposit Amount

fbs online payment (detail)

Send Money from Online Banking or Mobile App

fbs online banking
fbs online banking (QR code payment)

Deposit by Skrill

Select “Skrill”

fbs deposit by skrill

Enter Deposit Amount

Enter the deposit amount, then click Deposit.

skrill deposit

Move to Skrill Page

You will automatically be taken to the Skrill website. Please follow the instructions on the screen to send money.

skrill login

Deposit by Credit/Debit Card

Click “exactly”

Exactly is the payment gateway service.

fbs credit card payment

Enter Credit Card Information and Deposit Amount

Enter the credit card information used for deposit and the deposit amount.

After entering, click “Deposit” to process the deposit.

fbs input credit card information

Deposit by bitcoin

Select “bitcoin”

fbs bitcoin deposit

Confirm Destination Address, Send Bitcoin

When you select Bitcoin, the remittance destination address and QR code will be displayed.

Enter the deposit amount in BTC.
FBS does not allow you to choose Bitcoin as your account currency, so in this case it will be automatically converted to US dollars (USD).
It will be displayed how much you will actually deposit, so please check and adjust.

Please send money from your bitcoin wallet.

fbs bitcoin address

Summary

I explained how to deposit FBS.

A general notes with forex brokers is that deposit methods are changed sometimes.
Also, as mentioned above, the available deposit methods differ depending on the country or region where you live, so please check the official website to confirm it.

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ABOUT ME
KandA
KandA
I live in Thailand since 2016. I trade using the accounts of several Forex Brokers. I try to provide simple information based on my actual experience. For others, see [Profile].