Is FBS Broker legal in Nigeria?


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

Though the broker is not regulated by the Securities and Exchange Commission of Nigeria, But, any resident from Nigeria can open a trading account with FBS Broker and use all of its services without having issues.

More information can be found at the broker’s website –

FBS Regulation for Bangladesh

FBS is not regulated in Nigeria and the broker does not have any license or regulations from the Central Bank of Nigeria (CBN) but all the residents from Nigeria 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 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  –


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;;;;;;;;;;;;;;;;;;;;

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 –

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.