FBS licence record

Is FBS regulated by the FSC (Belize)?

4Light

Yes, according to our records. FBS is matched to a licence from the Financial Services Commission of Belize (formerly IFSC) (Belize). Confirm it on the register before relying on it.

Search the FSC (Belize) register FSC (Belize) warnings All FBS licences

What the FSC (Belize) licence means

According to our records, FBS holds a licence from the Financial Services Commission of Belize (formerly IFSC) (FSC (Belize)), the financial regulator for Belize. We classify the FSC (Belize) as tier 4 — light / offshore. Light-touch offshore licensing, registration-only jurisdictions or self-regulatory dispute bodies. Minimal practical protection.

For FBS clients whose account is held by its FSC (Belize)-regulated entity, the key protections are: compensation — No compensation scheme; retail leverage — No statutory cap; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Licence conditions. Disputes can be taken to FSC Belize.

FBS is also matched to licences from ASIC and CySEC. ASIC and CySEC are rated higher than the FSC (Belize) in our methodology, so if you are eligible for those entities you may get stronger protection.

Protection at a glance

Regulator tier
Tier 4 — Light / offshore
Compensation scheme
No compensation scheme
Retail leverage
No statutory cap
Negative balance protection
Not a regulatory requirement
Client money
Licence conditions
Complaints
FSC Belize

How to verify this licence

  1. Open FBS's client agreement or website footer and note the exact company name and FSC (Belize) licence number.
  2. Search that name or number on the official FSC (Belize) register. Check the status is current, not cancelled or suspended.
  3. Confirm the website domain you're using (fbs.com) is the one listed on the register — clone firms copy genuine licence numbers.
  4. Search the FSC (Belize) warnings page and IOSCO I-SCAN for the brand name.

FBS's other licences

Frequently asked questions

Is FBS regulated by the FSC (Belize)?

Our database records FBS as holding a licence from the Financial Services Commission of Belize (formerly IFSC). Confirm the current status on the FSC (Belize) register: https://www.fscbelize.bz/licensees/

Does the FSC (Belize) licence protect all FBS clients?

No. It protects clients whose account is with the specific FBS company licensed by the FSC (Belize). Clients onboarded to a different group entity are covered by that entity's regulator instead.

Is there a compensation scheme for FBS clients under the FSC (Belize)?

No compensation scheme

What leverage can FBS offer under the FSC (Belize)?

No statutory cap

Other FSC (Belize)-licensed brokers

Broker Licences on record Licence Score Actions
X XTB Multi-asset broker, since 2002 FCACySECDFSAFSCAKNFFSC (Belize) 75Strong Licences Visit site
X XM Forex & CFD broker, since 2009 ASICCySECDFSAFSCACMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site
WB Windsor Brokers Forex & CFD broker, since 1988 CySECCMA (Kenya)JSCFSC (Belize) 51Moderate Licences Visit site
X Xtrade Forex & CFD broker, since 2009 CySECFSC (Belize) 47Moderate Licences Visit site
SM Scope Markets Forex & CFD broker, since 2014 FSCACMA (Kenya)FSC (Belize) 46Moderate Licences Visit site
AC Anzo Capital Forex & CFD broker, since 2015 CMA (Kenya)FSC (Belize) 30Weak Licences Visit site
F FXChoice Forex & CFD broker, since 2010 FSC (Belize) 20Very weak Licences Visit site
R RoboForex Forex & CFD broker, since 2009 FSC (Belize) 20Very weak Licences Visit site

See all FSC (Belize) regulated brokers

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.