Fbsinvest review – 5 things you should know about fbsinvest.org

Fbsinvest review – 5 things you should know about fbsinvest.org

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Beware! Fbsinvest is an offshore broker! Your investment may be at risk.



Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


On the Fbsinvest’s website one can read the outlandish claims that this is “world’s largest social trading platform” used by over 20 million traders. What Fbsinvest actually is, is a blatant scam scheme, aimed to capitalize on the hype over cryptocurrencies. This website only imitates a legitimate broker and under no circumstances should you trust it with your money.


Fbsinvest claims to have an impressive set of licenses from some of the leading financial regulators:

According to the information on the website, Fbsinvest operates in Cyprus, the United Kingdom and Seychelles under the name Fbsinvest Ltd. However, no licensed broker with this name can be found on the records of the relevant regulators.

The licence number given by Fbsinvest for its alleged registration in the UK belongs to a completely different company with a different website.

FBS also claims to be licensed by the Australian Securities and Investments Commission (ASIC) under the name Fbsinvest AUS Capital Limited. But no such company can be found on the ASIC register. Again, the registration number quoted by the Fbsinvest belongs to a completely different Australian company that is not even a broker.

Fbsinvest’s name resembles that of a licensed broker that does operate in Europe and Australia, FBS. This is no coincidence – scammers often set up websites with names mimicking licensed brokers in order to deceive people into thinking they are their representatives.

Under no circumstances should you trust your money to such anonymous sites full of false and contradictory information. Instead, you can turn to one of the many companies that really work under the supervision of respected regulatory bodies like Cyprus Securities and Exchange Commission (CySEC) or Financial Conduct Authority (FCA) in the UK. As their customer you will enjoy a number of guarantees including negative balance protection and guarantee for your funds if the broker goes bankrupt, which goes up to EUR 20,000 in EU and 85,000 GBP in the UK.

Regulations in the UK and EU include some important measures designed to improve investor protection and promote market integrity and transparency, such as transaction reporting. Regulated brokers are also required to segregate their operational funds from the client’s money.


After signing up for an account, it becomes clear that Fbsinves does not have a true trading platform. The client portal contains a chart taken from the TradingView website, which only shows the prices of selected assets.

There is a menu for placing orders separate from the chart, but it also appears to be only an imitation. The only asset that can be “traded” is Bitcoin, although Fbsinves claims to be a platform for trading currencies and CFDs as well. The menu doesn’t even have the basic functionality to enter a value at which you buy or sell.

But this is all deliberately confusing. It is clear from the website that the basis of the Fbsinvest scam is so-called “social trading” – the ability to copy the trades of a trader of your choice. Many legitimate brokers offer this service, but for the scammers it is simply a way to fool people with no knowledge of the financial markets into thinking they can take over all the confusing details of trading for them.

You should make no mistake – the “most popular traders” Fbsinvest is offering you to copy do not exist. Any money you give to this website will not be invested but will sink directly into the pockets of the scammers.

Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms.  The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.


The Fbsinvest website describes six types of trading accounts, with minimum deposits ranging from 250 EUR to  250 000 EUR. It is much wiser to go with a licensed broker, many of whom offer micro accounts with very low minimum deposits.

Individual “investment plans” starting at 500 USD and promising unrealistic returns can also be seen on the client portal:

The specified leverage ranges from 1:200 to 1:400 for different account types, with the dubious trading platform showing a level of 1:400 that cannot be changed. This is further evidence that Fbsinvest cannot hold the licenses it claims. CySec, FCA and ASIC limit the leverage for retail traders to 1:30. High leverage allows for higher profits but also increases the risk of excessive losses.

No spread level is specified anywhere. The trading menu lists a trading commission of 4% – this is an extremely high level, exceeding by dozens of times the fees charged by legitimate brokers.


The main page of the website states that deposits can only be made via Bitcoin, with a minimum amount of 300 USD:

However, two other cryptocurrencies, Ethereum and Tether, are available in the deposit menu of the Fbsinvest customer portal, with a different minimum amount of 200 USD.

Scammers prefer cryptocurrencies because these transactions are not subject to refunds. While there are some legitimate brokers that accept Bitcoin, they do so alongside other transparent payment methods such as credit/debit card, bank transfer or popular e-wallets like PayPal, Neteller or WebMoney.

The account descriptions state that the two accounts with the lowest deposit are charged a withdrawal fee of 25 EUR plus 1% of the amount.


With all the buzz surrounding skyrocketing prices of cryptocurrencies, many people are starting to consider investing in the financial markets as a bid to improve their fortunes. Scammers on the internet have taken notice of that and take advantage of the ignorance of the general public by creating countless websites posing as brokers. These websites offer no real brokerage services and only deceive people into believing that their money is really being invested.

If you come across such a scam website and give out your contacts, you will be contacted by experienced scammers who will convince you that they can take on all the frighteningly complex aspects of investing for you. But you will never get any real profits, nor will you be able to get back the money you deposited. The terms and conditions of these websites are riddled with clauses that make withdrawing funds from your account unfeasible – for example, extremely high minimum trading volume requirements or hefty fees of 10%, 20% or even more of the amount.

Scammers hide behind fake addresses and names and operate through offshore companies that are not subject to regulation and scrutiny. So even if all the withdrawal requirements are met, they may simply disappear and move on to their next fraudulent scheme.


It is very important not to rush into trusting people on the internet who offer to magically refund your money for a fee. These are also scammers, and they may even be the same ones who scammed you in the first place.

If you have made the transfers using credit or debit card, you can claim a chargeback. Visa and MasterCard allow this to be done within 540 days. However, such a request may not be approved if you have given the fraudsters documents such as a copy of an ID and proof of address. This will allow them to claim that the transaction is legitimate and approved by both parties.

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