FBS

FBS is a forex and CFD broker registered in Belize, operating under the domain fbsindbroker.com. The company was founded on February 16, 2022, and lists its registered address as 2118, Guava Street, Belize Belama Phase 1, Belize. As of now, FBS holds no regulatory licences from any recognised financial authority, which significantly increases the risk for traders.

The broker's online presence includes accounts on Twitter/X and YouTube, but there is no substantial independent public information available about its operations, client base, or service history. This lack of transparency is a major concern for potential users.

FBS offers a range of account types designed to cater to different trading strategies and capital levels. The Micro Account requires a minimum deposit of $5 and offers leverage up to 1:3000, while the Cent Account starts from $1 with leverage up to 1:1000. The Standard Account has a $100 minimum deposit and leverages up to 1:3000. For traders seeking tighter spreads, the Zero Spread Account starts at $500 with leverage up to 1:3000. The ECN Account requires a $1000 minimum deposit and offers leverage up to 1:500, and a Crypto Account is available from $1 with limited leverage of 1:5.

All accounts provide high leverage options, with several offering up to 1:3000, which is extremely high and carries substantial risk. The specific instruments available for trading have not been disclosed by the broker.

According to our records, FBS is not regulated by any major financial supervisory body. The broker is based in Belize, a jurisdiction known for its minimal regulatory oversight. The absence of regulation means there is no external monitoring of the broker's financial practices, client fund segregation, or dispute resolution mechanisms.

FXCanary's Scam Risk Score for FBS is 85 out of 100, categorised as 'Severe'. This score reflects the high risk associated with trading through an unregulated entity, particularly one with limited public information and a short operational history.

FBS does not publicly disclose key trading information such as spreads, commissions, or the range of tradable instruments. The broker claims to offer forex, likely CFDs, and cryptocurrencies through its Crypto Account, but specific asset classes are unconfirmed. The ECN Account is described as having direct market access, but without regulation, the integrity of execution is uncertain.

Funding methods and withdrawal policies are not specified in the available information. Prospective traders should exercise extreme caution, as unregulated brokers often impose restrictive terms or delay withdrawals.

FBS presents itself as a multi-account forex broker with high leverage options, but its lack of regulation and limited public footprint make it a highly risky choice for traders. The severe scam risk score underscores the potential for financial loss. Traders are strongly advised to verify any claims independently and consider only regulated alternatives.

Without independent reviews or verifiable operational history, the information about FBS remains incomplete. We recommend avoiding this broker until clear evidence of reliable regulation and transparent operations becomes available.