FBS Withdrawal Explained

Our FBS withdrawal review covers the withdrawal methods, fees, and processing times. It also includes a step-by-step guide on requesting your FBS minimum withdrawal. Find out why 16+ million traders trust FBS. Read more in our up-to-date FBS Broker Review.

How to Withdraw from FBS

FBS withdrawals function similarly to online banking and are as simple as main bank systems for managing transactions all, handled from the FBS Personal Area.

FBS Withdrawal Option
Availability
Bank wires
Yes
Credit/debit cards
Yes
e-wallets
Yes
Cryptocurrencies
No
Internal withdrawal fees
Yes (payment processor dependent)

FBS Withdrawal Methods – How to Withdraw Your Money

As mandated per AML/KYC regulations, FBS can only process withdrawals from verified traders. The name on the payment processor must also match the name on the FBS trading account.

Below are the FBS withdrawal steps:

1. Log into the FBS Personal Area.

2. Navigate to “Finances” and click “Withdrawal.” Traders with multiple accounts must select from where they wish to request an FBS withdrawal.

3. Choose your preferred payment processor and enter your desired withdrawal amount (ensure you have sufficient free margin to cover the withdrawal).

4. The finance department processes most non-bank withdrawal requests between 15 to 20 minutes with a 48-hour maximum. Traders may wait up to seven business days for bank wires to arrive, depending on their bank and geographic location. FBS will send an e-mail confirmation once it has processed the withdrawal request, and the payment processor notifies clients once the funds arrive.

Withdrawal Methods - Which Payment Methods are Available for the Withdrawal?

FBS lists six payment processors, but traders must consider geographic availability and possible restrictions.

FBS supports the following withdrawal options:

FBS Withdrawal Fees

FBS withdrawal fees depend on the payment processors. Traders using bank wires may face additional costs from their banks.

Below are the FBS withdrawal fees (excluding currency conversion fees):

  • Bank wires - Undisclosed
  • Credit/debit cards - $1 flat fee
  • Skrill - 1% + $0.32
  • Neteller - 2% with a $1 minimum and a $30 maximum
  • STICPAY - $0
  • Perfect Money - 0.50%

FBS supports the following withdrawal currencies:

  • USD
  • EUR

Noteworthy:

  • A multi-currency account can help traders’ lower currency conversion fees.

FBS Withdrawal Time - How Long Does It Take for the Withdrawals? H2

FBS processes withdrawals within 15 to 20 minutes after a trader place’s them, but it can take up to 48 hours, except for bank wires which may take up to 7 days.

The average withdrawal time for the FBS withdrawal methods, excluding third-party processing times:

  • Bank wires - 5 to 7 business days
  • Credit/debit cards - 15 to 20 minutes, 48 hours maximum
  • Skrill - Instant - 15 to 20 minutes, 48 hours maximum
  • Neteller - Instant - 15 to 20 minutes, 48 hours maximum
  • STICPAY - 15 to 20 minutes, 48 hours maximum
  • Perfect Money - 15 to 20 minutes, 48 hours maximum

Withdrawal Issues and Delays in Payment

FBS may conduct additional security checks and verifications on a case-by-case basis, and only verified accounts can request withdrawals. Withdrawal issues and payment delays are not usual but possible, which usually result from user errors such as inputting key information and not normally FBS errors.

Some of the most common FBS withdrawal issues and delays in payment are:

  • Up to seven business days for funds to arrive, dependent on the geographic location of traders and their payment processor (delay)
  • Withdrawal payment processor differs from the deposit payment processor (delay)
  • Outdated or incomplete account verification (issue)
  • Insufficient free margin (issue)
  • Mismatch of the payment processor and the FBS trading account name (issue)
  • Minimum and maximum withdrawal limits for some payment processors (issue)
  • Unauthorized account activity (issue)

FBS Withdrawal Bottom Line

The secure and user-friendly FBS Personal Area handles all withdrawal requests for verified traders. Withdrawal fees depend on the payment processor, and the minimum withdrawal amount for non-banking methods starts from $1. While FBS aims to process each withdrawal request within 15 to 20 minutes, it may take up to 48 hours, while bank wires may not be completed for 7 business days. FBS is an honest and trusted broker, honoring all valid withdrawal requests from its 16+ million traders.

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FAQs

What are the FBS withdrawal methods?

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The FBS withdrawal methods are bank wires, credit/debit cards, Skrill, Neteller, STICPAY, and Perfect Money.

How much is the minimum withdrawal with FBS?

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The FBS minimum withdrawal amount starts from $1 for non-bank transactions, but given the withdrawal fees, traders should avoid such very small transactions unless they use STICPAY.

How do I withdraw all my money from FBS?

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Clients wishing to make a complete withdrawal must close all positions before placing a withdrawal request of the entire balance to the payment processor they used for their deposit. For traders who use multiple deposit payment processors, withdrawals must follow a proportional path as per the route used to deposit. For example, if a trader deposited 50% of capital via credit/debit card, 30% via Skrill, and 20% via Perfect Money, withdrawals must follow the 50%-30%-20% proportion.

How long do FBS withdrawals take?

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FBS usually processes all withdrawals, except for bank wires, in between 15 to 20 minutes, with a 48-hour maximum. Bank wires may take between 5 and 7 business days.

What are the FBS withdrawal fees?

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FBS withdrawal fees depend on the payment processor. Credit/debit card transactions face a $1 flat fee. Skrill costs 1% + $0.32, Neteller 2% with a $1 minimum and a $30 maximum, STICPAY remains free, while Perfect Money has a 0.50% commission.

Does FBS let you withdraw?

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Yes, FBS processes all withdrawal requests from verified clients on a first-come-first-served basis.

DailyForex.com Team
The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.