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FBS regulation

Across a hundred brokers, the licence is what separates the field fastest. Here is FBS's regulatory record in full.

Facts last checked . Read the full FBS review.

Regulation and safety

Regulated by
Financial Services Commission, Belize
Regulator tier
Tier 3 / Offshore
Register entry
Belize FSC register
Client money segregated
Yes
Held at
Multiple Tier-1 banks; individual banks not disclosed
Negative balance protection
Yes
Compensation scheme
None
Audited by
Not prominently disclosed
Not available to
USA, EU, UK, Israel, India, Iran, Myanmar and additional restricted jurisdictions

What this means

Across a hundred brokers, the licence is what separates the field fastest.

FBS lists its regulation as Financial Services Commission, Belize.

Client money is held separately from the firm's own money, at Multiple Tier-1 banks; individual banks not disclosed. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

No compensation scheme covers this entity. If the firm fails owing you money there is no statutory fund to claim against, and what you get back depends entirely on what administrators recover.

Questions about FBS regulation

Who regulates FBS?

FBS is regulated by Financial Services Commission, Belize.

Is client money segregated at FBS?

Yes. FBS holds client money separately from its own funds, at Multiple Tier-1 banks; individual banks not disclosed.

Does FBS offer negative balance protection?

Yes. FBS offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Regulation at brokers under the same regulator

More about FBS