FBS
2 legal entities are on file for this firm, across 2 jurisdictions. The strongest supervision on file is Tier 2.
Caution — watch list means: Every entity we could locate for this firm sits offshore or is a company registration rather than a financial licence. No regulator has published anything about the firm; this is the register flagging the absence of tier-1 supervision, not an allegation.
No live tier-1 licence on file. Supervision listed: CySEC, FSC Belize.
A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.
Entity-by-entity licence record
One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.
| Legal entity | Authority / registry | Number | Jurisdiction | Tier | What it is | Source |
|---|---|---|---|---|---|---|
| Tradestone Ltd | CySEC | 331/17 | Cyprus | T2 | Financial licence | fbs.euhttps://fbs.eu/en/about/regulation |
| FBS Markets Inc. | FSC Belize | 4077102 | Belize | T3 | Financial licence | fbs.comhttps://fbs.com/about |
Scroll the register sideways — the entity column stays pinned.
Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.
What the record says
Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.
- F01EEA clients are onboarded through Tradestone Ltd (CySEC 331/17); most other clients trade with FBS Markets Inc. in Belize.
- F02FBS.eu discloses that 66.43% of retail investor accounts lose money trading CFDs with the CySEC entity.
- F03FBS Markets Inc. is registered with the Belize FSC under the Securities Industry Act 2021, licence number 4077102.
- F04The advertised minimum deposit on the Standard account is $5.
Not verified at last check
Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-15.
- not verifiedwhether an ASIC-regulated FBS entity is currently active
- not verifiednegative balance protection outside the CySEC entity
- not verifiedtypical EUR/USD spread on the Pro account
Account conditions on file
As published by the firm. Blank fields were not confirmed.
| Incorporated | 2009 |
|---|---|
| Registered office | Belize City, Belize |
| Minimum deposit | 5 USD |
| Leverage offered | up to 1:3000 (Belize entity); 1:30 retail under CySEC |
| Quoted EUR/USD spread | 0.7 pips |
| Trading systems | MT4 · MT5 · FBS Trader app |
| Account tiers | Standard · Cent · Pro · Crypto |
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.
Sources
Every URL below was read before this record was published.
- CySECTradestone Ltd — Cyprushttps://fbs.eu/en/about/regulationRETRIEVED 2026-09-15
- FSC BelizeFBS Markets Inc. — Belizehttps://fbs.com/aboutRETRIEVED 2026-09-15