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Costs, platforms and protection first

FBS

Belize · FBS Markets Inc.

Costs
FX floating spreads from 0.7 pips; no trading commission.
Platforms
FBS app, MT4 and MT5.
Client protection
Trading-conditions page states negative balance protection.
Sources and applicability

Public documents for the named entity/account. Confirm residence acceptance when applying.

Costs

Varies by instrument/market; check swap terms separately.

Trading conditions — spreads / commission ↗ · 2026-09-29

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

FBS

  • Active coverage
Brand overview and official site

FBS operates through 2 legal entities recorded in the current FXVeritas research file across Cyprus and Belize.

Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

Research summary

Full research file

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

Low

Research completeness/source coverage; not broker safety or suitability.

Licence verification

1 regulator-register confirmed

2 licences recorded

Primary sources

6

Research file review

Aug 23, 2026

Latest source check

Outstanding issues

Researched by FXVeritas Research Desk · Evidence standard: Primary-source verification · Research evidence methodology · Editorial independence · Corrections policy

Research notes

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.

Legal entities & current licences

Brand is not a licence. Each legal entity is listed with the current licence record(s) isolated for that entity.

FBS

Tradestone Ltd

Jurisdiction
CY
Company number
HE 353534
Registered office
89 George A, Mairoza complex, block A, 1st Floor, Potamos Germasogeias, Limassol
Status
Not recorded
Role
Cypriot investment firm
Parent
Not recorded

Current licence evidence

CySEC · 331/17

Regulator verified
Regulator
CySEC
Licence number
331/17
Status
Authorised on the register
Permissions
Reception/transmission; execution; dealing on own account; portfolio management; investment advice; listed ancillary services.
Issue date
2017-08-07
Checked
Aug 23, 2026

Research-file sourceCySEC register

FBS Markets Inc

Jurisdiction
BZ
Company number
000001317
Registered office
The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize
Status
Not recorded
Role
Belize FSC firm
Parent
Not recorded

Client routing

Only regions named on an official page or legal document. A site loading is not acceptance.

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.

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.

Historical licences

Withdrawn, revoked, or closed retail authorisations. Not current onboarding licences.

No historical licence row was isolated.

Regulatory and corporate history

Dated events from official pages or registers. Incidents are historical records, not current licence status.

  1. 2009

    Official fbs.eu About page: FBS brand founded in 2009.

    Brand

  2. 2017

    Official About page: FBS brand introduced to the EU market, represented by Tradestone Ltd.

    Brand

  3. 2017-08-07

    Tradestone Ltd CySEC licence 331/17 granted.

    Licence

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Source check

    FBS · FBS Markets Inc. · costs source check

View full research history →