Is FBS a Scam? Regulation Check 2026
We checked FBS's licence in the official IFSC register. Here is what the public records say.
Verdict
FBS is NOT a scam. It holds IFSC licence 000102/6, authorising it to offer trading services in Singapore.
How to verify on the official register
| Regulator | IFSC International Financial Services Commission (IFSC) |
| Licence Number | 000102/6 |
| Regulated Entity | FBS Inc |
| Founded | 2009 |
What IFSC regulation means
IFSC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with IFSC directly.
What IFSC regulation means for your money
- Client funds held in segregated bank accounts, separate from FBS's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with IFSC if FBS fails to resolve your issue
- FBS submits to regular independent financial audits under IFSC oversight
Frequently Asked Questions
Is FBS a scam or legitimate?
FBS is NOT a scam. It holds IFSC licence number 000102/6. IFSC is one of the world's most respected financial regulators. The licence is publicly verifiable in the IFSC official register.
How do I check FBS's IFSC licence?
Go to the official IFSC website and use the public register search. Search for licence number 000102/6 or the entity name. The record will confirm FBS's authorisation status and the scope of its permissions.
Are my funds safe with FBS?
As an IFSC-regulated broker, FBS must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if FBS encounters financial difficulties.
What protection do I have as a FBS client in Singapore?
In Singapore, FBS operates under IFSC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with IFSC.
Reader Comments
Loading comments...