FBS: who it is and what it owns

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

Ownershipprivate (founder Satthakarn Chuenkomol per Crunchbase/Wikipedia; not verified on Tier-1 source)
HeadquartersBelize
Brokers1 broker · 1 website in total
Operating companies2
Regulator fines1
Last checked14 Oct 2026

Brokers of FBS

NameWebsiteLicensesOwner proof
FBSfbs.comOther: FSC Belizeverified

Operating companies and licenses

CompanyWhereLicenses
FBS Markets IncBelizeOther: FSC Belize 000102/31 (client agreement says 4077102) offshore
Tradestone LimitedCyprusCySEC 331/17

Regulator fines

DateRegulator / courtAmountReason
2025-11-01Other: 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

Sources