Is FBS regulated in South Africa? FBS is FSCA-regulated (FSP 50885, Trade Stone SA (Pty) Ltd). New South African clients are reported to onboard through FBS's Belize entity (FBS Markets Inc.) rather than the FSCA entity, so local FSCA protections (dispute resolution, compensation) effectively do not apply; no ZAR accounts. Mixed user-complaint signal — surface only with this disclosure.
New South African clients are reported to onboard through FBS's Belize entity (FBS Markets Inc.) rather than the FSCA entity, so local FSCA protections (dispute resolution, compensation) effectively do not apply; no ZAR accounts. Mixed user-complaint signal — surface only with this disclosure.
FSCA regulation & ODP status
- FSCA FSP: 50885 (entity: Trade Stone SA (Pty) Ltd) — pending live-register confirm.
- Own ODP licence: No own ODP — see caveat above.
Other authorisations: FSC (Belize).
ZAR support & funding
No ZAR accounts. Funding methods, fees and processing times vary by entity and currency — check the broker's funding page, and read our guide on funding a forex account in ZAR (FICA/KYC).
Platforms
MT4, MT5, FBS App.
Fees & minimum deposit
Minimum deposits and spreads vary by account type and change often — check the current figures on the broker's site. We do not publish a figure until a hands-on review.
How to verify before you deposit
- Note the exact legal entity name on the broker's site that serves South Africa.
- Search that entity (and FSP number) on the official FSCA register.
- Confirm the authorisation is current and, if you need onshore CFDs, that the entity holds an ODP licence.