FBS – Is it scam or safe?

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FBS – Is it scam or safe?

FBS Markets Inc. is licensed and regulated by the International Financial Services Commission of Belize – IFSC. The IFSC license allows it to conduct financial services, including forex.

However, there are some posts in forex forums that inform about bad practices related to misleading bonus conditions, fake bonus schemes and slow processing of withdrawals.

So far, we haven’t received any complaints from clients of FBS.com.

If you feel frustrated by FBS.com and have something to share with us, please fill in the form below, describing your case:

7 Complains

  1. I’ve been trying to make some deposit for two days but still without any success. I tried different ways but still rejected. I tried with an account in neteller opened specially for that purpose. Didt succeed as well. I tried their life chat but their support didn’t answer me correctly. They asked me to use different credit card or to check my bank what happened. I already did these things and made a deposit successfully with another broker. Something is not ok here

  2. I tried to withdraw some money just to check how this process works. The amount was symbolic – usd40. There is no sum in my bank account yet and I contacted FBS to see what happened. They told me this could last no more than 3 business days. More than a month passed already and nothing changed. I share this to warn any other victims of scam.

  3. They don’t offer any additional security. Someone has created my account using my email. I succeeded to change my password and to login again. I contacted their live chat to delete this account. They told me they cannot remove my account or the email addresses. I stressed that the name of the account is not mine and I didn’t create it and the money in it is not mine. FBS doesn’t provide account security, there is no customer support service and they refused to delete this fake account. They are rude people and I think they steal money from clients accounts!

  4. I’ve been trying to contact FBS for almost one month but because I don’t have a live account yet they ignored me. Lack of customer support at all. I think FBS are located in some living room… If they don’t answer calls, how will they solve any problems? I wonder if you have any regulation at all…

  5. Stay away! This broker is scammer. The promise bonuses and then don’t give them. All bonuses are bullshit. FBS, if you afraid to give bonuses, why do you offer bonuses? Don’t do that.

  6. I stupidly made an investment of £35,000.00 with Umarket Capital trade, to trade in binary options trade. Now when I made the the payment, my bank called and advised to be careful, stupidly I carried on and I authorized the £35,000.00 payment. Next morning when I switched on computer and checked things at UMarket Capital trade, I noticed they have taken another, fee of £750 plus £1000.
    This has been taken with no input from me. I have now notified my bank and cancelled my card. Is their anything I can do to claim this money back? Luckily I came across a comment on a recovery website that recommended a funds recovery expert on binary/forex and bitcoin recovery, in the person of Mr Chris Elliot, and i contacted him immediately through his email address and explained my issues with my investment broker to him ,God so kind, him and his team worked relentlessly to recover my funds, and was able to build a case on the scam broker with the informations I provided about my trading experience and my funds refunded back to me within a week interval, i was able to get access to my funds back with his help, I still can’t believe how possible it is to get my invested capital back, including my bonus with the company. I feel obligated to recommend him and his great funds recovery strategy, feel free to reach out to him if you having issues withdrawing your funds, via his email address: [email protected] he will guide you on steps to take and get your funds back.
    Goodluck

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