Is FBS Broker legal in Bangladesh?

By
FX Bangladesh (Global)
-
0
14

Is FBS Broker legal in Bangladesh? – FBS is a global-based retail forex broker, operating its business from Limassol, Cyprus. Currently, the broker support account registration from Bangladesh and other countries except for the USA, Israel, the Islamic Republic of Iran, and Myanmar.

None of any retail forex brokers are authorized and legally registered in Bangladesh. According to, Bangladesh Securities and Exchange Commission (SEC), forex brokers are not required to authorize to accept residents of Bangladesh as their customers.

But, any resident from Bangladesh can open a trading account in FBS Broker and use all of its services without having issues.

More information can be found at the broker’s website – www.fbs.com

FBS Regulation for Bangladesh

Till today, there are no specific rules or regulations for forex trading in Bangladesh so, trading is not illegal here but the Broker is not permitted to operate its business as a regional office. But you can easily make a registration with this broker and start trading without any problem.

FBS is not regulated in Bangladesh and the broker does not have any license or regulations from the Securities and Exchange Commission (SEC) but all the residents from Bangladesh can Register and Open a trading account without any issues.

Outside of European Economic Area (EEA), the broker offers its services by using its IFSC Regulation operated on the www.fbs.com domain.

On the other hand, if you are a resident of the European Economic Area (EEA) then you can use their CySEC Regulated Services provided by FBS (Tradestone Ltd) through their domain  – www.fbs.eu

Regulations

FBS is operated by FBS Markets Inc. a Securities Dealer registered in Belize. This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about Exness Regulation as follows.

  • FBS Markets Inc.; Registration No. 119717; FBS Markets Inc is regulated by IFSC, license IFSC/000102/124 Reference
  • FBS (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the name of Tradestone Limited with license number 353534. Reference.
    Tradestone Limited operates under the website www.fbs.eu; www.fbs.eu; www.fbs.com; www.esfbs.com; www.fbs-china.cn; www.fbs-india.com; www.fbs.ae; www.fbs.co.th; www.fbs.com; www.fbs.com.bd; www.fbsfx.pk; www.fbsmy.com; www.frbfs.com; www.fxfbs-idn.com; www.jpfbs.com; www.kofbs.com; www.laofbs.com; www.ptfbs.com; www.trader-fbs.online; www.vnfbs.com;

NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more.

You can find more information at the broker’s official website – www.fbs.com

If you want to learn more, please have a look at the FBS Broker section. We have also added a FAQ section where you can find the most common answers. Please refer to the FBS FAQ Section to find your answers.
If you liked this article, then please subscribe to our Newsletter Services for Forex Related updates. You can also find us on Facebook and can subscribe to our YouTube channel. You can also join our Telegram Channel for real-time trading analysis and discussion. Here is our service sitemap. If you have any confusion please leave your comments below.  

NOW, IT'S TIME TO OPEN A DEMO ACCOUNT