FBS

FBS is a forex broker registered in Belize, operating under the domain fx-fbs.cn. The broker was founded on 6 January 2021 and is headquartered at 2118, Guava Street, Belize Belama Phase 1, Belize. Despite its relatively recent establishment, it presents itself as a multi-account forex broker with a range of trading account options.

The broker maintains a social media presence on Facebook and Twitter, but there is limited independent, publicly available information about its operations outside of the registry records. FXCanary's assessment is based solely on official registration data and broker-declared information, as no verified user reviews or independent web content could be matched to this specific entity.

According to official registration records, FBS is a company incorporated in Belize, a jurisdiction known for accommodating offshore financial services. The registered address is a standard Belizean business address. Importantly, our records show that the broker does not hold any recognised financial regulatory licence from any major regulator.

The absence of regulation is a significant consideration for traders. Belize is not a primary financial regulatory hub, and entities operating from there without oversight from authorities such as the FCA, CySEC, or ASIC may not offer the same level of client protection. Traders should be aware that unregulated brokers carry higher counterparty risk.

FBS advertises six distinct account types tailored to different trader needs. The CENT account requires a minimum deposit of $1 and offers leverage up to 1:1000. The MICRO account starts at $5 with leverage up to 1:3000.

The STANDARD account requires $100 and also offers leverage up to 1:3000. The ZERO SPREAD account demands $500 and provides leverage up to 1:3000. The ECN account is for higher-volume traders, with a $1000 minimum deposit and leverage up to 1:500.

Finally, the Crypto account requires $1 and offers only 1:5 leverage.

These account types range from very low-entry (CENT) to professional-level (ECN). The maximum leverage of 1:3000 is extremely high, which can amplify both gains and losses. Traders should note that no information on trading instruments, spreads, or commissions was provided in the known facts, making it difficult to assess the true cost of trading.

The known facts do not list any trading instruments or platform offerings for FBS. Typically, brokers in this category offer forex, indices, commodities, and cryptocurrencies, but without official confirmation, this remains speculative. The broker's website (fx-fbs.cn) may provide further details, but it was not accessible during our review.

Given the lack of instrument information, traders should exercise caution and verify directly with the broker before committing funds. The absence of platform information (e.g., MetaTrader 4/5, cTrader) is another gap that needs to be clarified by the broker.

No specific deposit or withdrawal methods were provided in the known facts. Typical brokers offer bank transfers, credit/debit cards, and various e-wallets. For an unregulated broker in Belize, there may be additional risks related to the security of funds and the reliability of withdrawals.

Traders should confirm the available payment methods and any associated fees directly with FBS. Without independent verification, the withdrawal process remains an unknown factor that should be clarified before trading.

FBS maintains a presence on Facebook and Twitter, which can be used for customer inquiries. However, no additional support channels (such as live chat, email, or phone) were listed in the known facts. Social media support may not be as reliable or timely as dedicated support channels.

The broker's social media activity could provide some insight into its operational status and client feedback, but given the lack of independent reviews, it is hard to gauge the quality of support.

FXCanary's Scam Risk Score for FBS is 85 out of 100, indicating a severe risk level. This high score is primarily due to the broker's lack of regulatory oversight, its registration in a jurisdiction with minimal financial services regulation, and the limited publicly available information about its operations.

Traders considering FBS should be aware of the elevated risk of fraud, misappropriation of funds, or difficulty in withdrawing profits. It is strongly recommended to only trade with regulated brokers that offer some form of investor protection, such as compensation schemes or segregated accounts.