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BROKERGrand Capital

Seychelles-registered forex and CFD brand that says it has operated since 2006; according to an archived copy of the register, the Comoros (MISA) licence it claims expired on 9 December 2025, and the Seychelles FSA has issued a warning that the company has never been authorised in Seychelles.

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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

FBS

Broker · International

About the company

Legal company nameFBS Markets Inc. · Tradestone Ltd · FBS Trading (Seychelles) Ltd
Year founded2009
Headquarters / registered countryBelize City, Belize
Websitefbs.com
Last checked08.10.2026

According to its official website, FBS is a forex and CFD brand based in Belize City that began operating in 2009. fbs.com is operated by FBS Markets Inc., which serves international clients, including clients in Turkey; the site says this company is registered by the Belize Financial Services Commission (FSC) under licence number 4077102. In the European Union the brand is represented through fbs.eu by Tradestone Ltd, licensed by the Cyprus Securities and Exchange Commission (CySEC) under number 331/17. The site's legal texts also name FBS Trading (Seychelles) Ltd, which it says holds a securities dealing licence (SD066) from the Seychelles Financial Services Authority (FSA), and Mitsui Markets Ltd of Vanuatu, which operates the Malay, Portuguese and Japanese sites. Residents of the US, the EU, the UK, Israel, India, Iran and Myanmar are not served. The company offers more than 550 forex, metal, index, energy, stock and cryptocurrency CFDs through Standard, Swap Free and Cent accounts (Cent is opened only through a partner link) on the FBS app, MetaTrader 5 and MetaTrader 4. The minimum deposit is 5 USD and varies by payment method (Neteller 10 USD, Skrill 12 USD). Leverage is up to 1:3000 on forex for international clients and 1:30 for retail clients in the EU. This information is the company's own statement.

Account Details

ACCOUNT TYPESStandard · Cent · Swap Free · Demo
MIN. DEPOSIT5 USD (varies by payment method)
PLATFORMSFBS App · MetaTrader 5 · MetaTrader 4
PRODUCTSForex · Metals · Indices · Energy · Stocks · Cryptocurrencies
LEVERAGEUp to 1:3000

Licences and regulation

FSC (Belize)

Licence no.4077102
Licence holderFBS Markets Inc.
ScopeListed as Active under number 4077102 in the Belize FSC public register (LicenSys), covering trading in securities as agent and as principal (S05, S06), initial registration 1 Jan 2025. Operates fbs.com and serves international clients, including Turkey.
StatusVerified

CySEC (Republic of Cyprus)

Licence no.331/17
Licence holderTradestone Ltd
ScopeListed in CySEC's register of investment firms under licence 331/17 dated 7 Aug 2017 (company no HE 353534). Represents the FBS brand in the EU through fbs.eu; fbs.com redirects EU visitors there.
StatusVerified

FSA (Seychelles)

Licence no.SD066
Licence holderFBS Trading (Seychelles) Ltd
ScopeListed in the official FSA Seychelles register as a "Securities Dealer" under the trade name FBS with the website ftrading-sc.com. The register does not show a licence number; SD066 is the company's own statement. ftrading-sc.com now redirects to fbs.com.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: July 2018 – October 2026

  • Withdrawal / payment: 144
  • Account / trading conditions: 132
  • Bonus / promotion: 20
  • Other: 19
  • Identity verification: 10
  • Customer support: 5

No. 2 for most complaints among 205 institutions.

RANK BY TOPIC — Withdrawal / payment: 3. · Account / trading conditions: 1. · Bonus / promotion: 6. · Other: 16. · Identity verification: 18. · Customer support: 69.

SOURCES REVIEWED

The complaint distribution is based on the latest 1-star reviews on the FBS Trustpilot page (172) and WikiFX (158) records as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the FBS name are left out. Across the complaints, rejected or delayed withdrawals and deposits not credited to accounts stand out, along with account complaints alleging stop-loss slippage, price manipulation, cancelled profits and account closures.

Sources and verification history

Official company sourcesfbs.com — homepage, About, Trading conditions, Deposits & withdrawals, Legal documents, footer (site content system), Terms and Conditions and Trading Conditions PDFs, Seychelles Risk Warning PDF · fbs.helpcenter.io — What is FBS, minimum deposit · fbs.eu — footer and account table
Regulator recordsFSC Belize — FBS Markets Inc., 4077102 (licensys.belizefsc.org.bz) · CySEC — Tradestone Ltd, 331/17 (cysec.gov.cy) · FSA Seychelles — FBS Trading (Seychelles) Ltd, Securities Dealer (fsaseychelles.sc)
Company registerThe site gives Belize certificate of incorporation no 000001317 for FBS Markets Inc., company no HE 353534 (Cyprus) for Tradestone Ltd and company no 8424408-1 (Seychelles) for FBS Trading (Seychelles) Ltd
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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