Who owns FBS?

FBS is run by FBS Markets Inc, Belize. It holds a licence from Other: FSC Belize (000102/31 (client agreement says 4077102)). The company is private (founder Satthakarn Chuenkomol per Crunchbase/Wikipedia).

Ultimate owner	FBS (private (founder Satthakarn Chuenkomol per Crunchbase/Wikipedia; not verified on Tier-1 source))
Operating company	FBS Markets Inc, Belize · reg. 000001317
Licenses	Other: FSC Belize 000102/31 (client agreement says 4077102) offshore
Website	fbs.com
Sister brokers	0
Fines and actions	1
Owner proof	verified
Last checked	14 Oct 2026

In numbers

1 regulator fine against the owner since 2025.

Licences

Regulator	Type	Valid	Check it
Other: FSC Belize 000102/31 (client agreement says 4077102) offshore	—	active	register

About FBS

FX/CFD broker with a Belize-licensed global entity and a CySEC-licensed EU company (Tradestone Ltd).

Headquarters: Belize · Founded: 2009 · Ownership: private (founder Satthakarn Chuenkomol per Crunchbase/Wikipedia; not verified on Tier-1 source)

How we know, and what we could not confirm

How we know: FBS's own documents give two different Belize licence numbers (000102/31 and 4077102). From an EU IP, fbs.com shows Tradestone Ltd (CySEC 331/17).

Everything FBS owns, with fines and sources →

Regulator fines

Date	Company	Regulator / court	Amount	Reason
2025-11-01	FBS (fbs.com)	Other: Reserve Bank of India	—	Named on RBI 'Alert List' of forex platforms not authorised to deal with Indian residents (listing, not a fine). Exact list date/day approximate - Nov 2025 version. source

Ratings elsewhere

Trustpilot: read the reviews there

Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.