Regulatory registration and eligibility to open an account are separate checks.
FBS
FBS Markets Inc
FSC_BZ · 4077102
Official legal document; regulator match incomplete · Status wording: see source
Public entity/licence records grouped by the regulator’s country.
This does not establish resident eligibility. Check the contracting entity and access conditions separately.
Scope, limitations and evidence ↗ · 2026-08-23The comparison or profile below also includes brand-wide information. It may not all apply to the entities above.
Belize · FSC-BZ
Only documents for this country/regulator. Account-opening approval remains a separate check.
FX floating spreads from 0.7 pips; no trading commission.
Varies by instrument/market; check swap terms separately.
Trading conditions — spreads / commission ↗Source checked: 2026-09-29
Trading-conditions page states negative balance protection.
Trading conditions — negative balance protection ↗Source checked: 2026-09-29
These preserved records are not restricted to the selected entity. Do not apply another entity’s terms to the entity above.
FBS operates through 2 legal entities recorded in the current FXVeritas research file across Cyprus and Belize.
Official website snapshot
Confirmed residency evidence and an exact legal-entity route are both required. Account approval and product access remain subject to the entity’s terms.
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Check your exact residence in Broker FinderFrom the current research file.
2
Legal entities in research file
1/2
Verified licences in research file
Not recorded
Client protection
2
Official-source conflicts
Aug 23, 2026
Last checked
Active
Research coverage
Catalog-applicable comparison currently records 0 entities and 0 of 0 licences as verified. Research-file totals above can be larger.
Check the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
FBS is a brand. fbs.eu and fbs.com are not the same contracting company.
EU/EEA papers name Tradestone Ltd, Cyprus, CySEC 331/17, approved domain www.fbs.eu. Tradestone Client Agreement (opened 2026-09-12) states segregated client funds and negative balance protection for all accounts. Tradestone ICF Policy states compensation shall not exceed EUR20.000 for aggregate claims against the Company.
From the full research file on record.
The catalog-applicable comparison scope is narrower, so its counts can be lower. Neither figure contradicts the other.
Research confidence
Research completeness/source coverage; not broker safety or suitability.
Licence verification
1 regulator-register confirmed
2 licences recorded
Primary sources
Research file review
Latest source check
Outstanding issues
Researched by FXVeritas Research Desk · Evidence standard: Primary-source verification · Research evidence methodology · Editorial independence · Corrections policy
Editorial summary from the research file. Recorded answers follow below.
FBS is a brand. fbs.eu and fbs.com are not the same contracting company.
EU/EEA papers name Tradestone Ltd, Cyprus, CySEC 331/17, approved domain www.fbs.eu. Tradestone Client Agreement (opened 2026-09-12) states segregated client funds and negative balance protection for all accounts. Tradestone ICF Policy states compensation shall not exceed EUR20.000 for aggregate claims against the Company.
Brand is not a licence. Each legal entity is listed with the current licence record(s) isolated for that entity.
FBS
Current licence evidence
Research-file sourceCySEC register
Research-file sourceFBS Markets Inc Terms and Conditions — section 1.2, page 5
Only regions named on an official page or legal document. A site loading is not acceptance.
EEA
Tradestone Ltd
Not recorded
Region
EEA
Legal entity
Tradestone Ltd
Regulator / licence
Not recorded
EvidenceCySEC approved domain www.fbs.eu is assigned to Tradestone Ltd. Official About page: in 2017 the FBS brand was introduced to the EU market, represented by Tradestone Ltd.
International / non-EEA, per the Belize client agreement
FBS Markets Inc
Not recorded
Region
International / non-EEA, per the Belize client agreement
Legal entity
FBS Markets Inc
Regulator / licence
Not recorded
Evidencefbs.com legal PDFs bind clients to FBS Markets Inc. The same CA refuses citizens/residents of the EEA, UK, USA and a long banned list. That is a refusal list, not a positive acceptance map.
Withdrawn, revoked, or closed retail authorisations. Not current onboarding licences.
No historical licence row was isolated.
Dated events from official pages or registers. Incidents are historical records, not current licence status.
2009
Official fbs.eu About page: FBS brand founded in 2009.
Brand
2017
Official About page: FBS brand introduced to the EU market, represented by Tradestone Ltd.
Brand
2017-08-07
Tradestone Ltd CySEC licence 331/17 granted.
Licence
Shown per legal entity. Group-wide claims are not used.
Advertised figures only. Observed spreads were not measured. Marketing ECN/STP is not treated as the legal model.
| Account | Minimum deposit | Spread | Commission | Leverage | Margin / stop-out | Swap / Islamic | Execution type |
|---|---|---|---|---|---|---|---|
Standard Entity scope: Tradestone Ltd Client Agreement | Not recorded | Not recordedNot recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recordedNot recorded | Not recorded |
Cent Entity scope: Tradestone Ltd Client Agreement | Not recorded | Not recordedNot recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recordedNot recorded | Not recorded |
Islamic Entity scope: Tradestone Ltd Client Agreement | Not recorded | Not recordedNot recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recordedNot recorded | Not recorded |
Entity scope: Tradestone Ltd Client Agreement
Entity scope: Tradestone Ltd Client Agreement
Entity scope: Tradestone Ltd Client Agreement
Legal documents first. Advertised ECN, STP, or NDD is not certified unless a legal policy confirms it.
Recorded policies
policy
unknown
Only methods and rules isolated on opened official pages.
Primary-source ledger for this public record. Affiliate and coupon pages are excluded.
Official broker source · Unverified · Not checked
FBS Markets Inc Terms and Conditions
Official legal document · official_legal_document · 2026-08-23View source
Tradestone Ltd Client Agreement Feb 2026
Official legal document · official_legal_document · 2026-09-12View source
Tradestone KID CFD forex 28 Dec 2025
Official legal document · official_legal_document · 2026-08-23View source
Tradestone Investor Compensation Fund Policy
Official legal document · official_legal_document · 2026-09-12View source
FBS EU About
Official page · official_product · 2026-08-23View source
CySEC Tradestone Ltd
Regulator · regulator · 2026-08-23View source
Official pages disagree. FXVeritas does not pick a winner. This is not a fraud or safety label.
Official-source discrepancy
Source A: CySEC register: 89 George A, Mairoza complex, block A, 1st Floor, Potamos Germasogeias, Limassol.
Source B: Client Agreement header: 89, Vasileos Georgiou A' street, Office 101, Potamos Germasogeias 4048, Limassol.
Status: conflicting official sources · Last checked: Aug 23, 2026
Official-source discrepancy
Source A: Body of Terms, Trading Conditions and AML PDFs: FBS Markets Inc.
Source B: Cover/header of the Terms and Risk Warning PDFs: FBS Market Inc.
Status: conflicting official sources · Last checked: Aug 23, 2026
Unknowns are part of the public record. They are not filled from other brokers.
Short answers from the full FXVeritas research file for FBS. They describe recorded evidence, not safety or suitability.
FXVeritas records 2 legal entities in the research file for FBS. 1 of 2 research-file licences are regulator-verified. Regulatory protection can differ by the entity serving the client.
The current FXVeritas file records 2 legal entities. A brand name is not a licence.
The current file records 2 regulator codes: CySEC, Financial Services Commission (Belize).
The current file records 2 licence identifiers.
FXVeritas has independently verified 1 of 2 research-file licences.
Client-protection evidence is not yet recorded in this file. Missing evidence is not a finding that protection is absent.
1 licence item remains unresolved, and 2 official-source discrepancies are recorded. These are research-file states, not confirmed misconduct.
Historical record only. A past settlement or withdrawn licence is not the current licence status.
No dated incident or regulatory action was isolated.
Continue into regulator hubs, platforms, methodology, and comparison tools.
These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.
· Source check
FBS · FBS Markets Inc. · costs source check
