FBBC Review and Website Analysis

Introducing a Forex and CFD broker that boasts numerous advantages but is entirely untrustworthy. It’s telling when a company can’t even keep transaction details straight on its homepage. To highlight the major issues with partnering with this company, we have published a concise FBBC review. Learn more about this scam project to avoid becoming its next victim.

Brief Overview

• 🖥Official Website: https://fbbc.pro/
• ✈️Contact Address: no
• 📞Customer Support: [email protected], +44577656800
• 🔐Licensing and Accreditation: Comoros Union, Mwali (Moheli) Reg, No. HY00423175, No Licenses
• ⏳Track Record: since 2024
• 🧰Specialization: Forex & CFD broker
• 🤝Terms of Cooperation: leverage up to 1:400, minimum deposit $5,000
• 💰Additional Services: no

Fbbc.pro Examination

The official FBBC broker website initially appears quite attractive. The developers have clearly done well with both page design and layout. However, there are numerous issues with the content.

For instance, the creators of the platform couldn’t agree on the maximum leverage to advertise. Even on the homepage, there are values of both 1:400 and 1:1000.

There are also more serious problems. While the main menu links open pages, all duplicates in the footer, among other links, direct users to a login form. Not to mention the economic calendar missing the most important market events.

As a result, traders are offered, at best, an unfinished product wrapped in a pretty package. It’s hard to believe that a legitimate broker, concerned with its reputation, would allow such oversights.

Company Contacts

In the public domain, you can only find an email and a UK phone number for FBBC. There is no place for an online chat. Links to social media pages, like all other footer links, direct visitors to a login form. The broker didn’t even bother to publish a physical office address.

For us, this is a clear signal that the company is virtual. It’s hard to interpret the mail server address, working on the same domain as the website, and the anonymous phone number in any other way. Naturally, the question of trusting such a platform doesn’t even arise.

Key Conditions

Traders considering cooperation with FBBC will find it quite challenging to make a well-informed decision in favor of this broker. The reason is that it essentially does not disclose its trading conditions.

For all six account types, the company provides only one specific characteristic—the minimum deposit amount. The platform owners’ appetites are quite impressive: even for the lowest-tier Rookie plan, a client needs to deposit $5,000 to start. The highest-tier VIP account requires a whopping $1,000,000. We are more than confident that traders with such capital will find a more reputable company offering brokerage services than the ambiguous scammer FBBC.

We have already mentioned that the platform cannot decide whether to offer a maximum leverage of 1:400 or 1:1000. Additionally, traders will have to figure out the spread sizes, minimum trade volumes, and other trade characteristics themselves during trading. The increased risk of losses does not seem to concern the company much.

Moreover, take a look at the other options in the account types table. Some of them are quite noteworthy. For instance, access to technical indicators is only available in the Premier plan, which requires a starting deposit of $50,000. Is it worth paying such a sum to use features that other brokers provide for free?

Lastly, we should note that holders of Elite Plus ($250,000) and VIP ($1,000,000) accounts can expect to open an EU Private Bank Account, with VIP clients even receiving the services of a personal banker. It’s laughable: a broker violating European legislation and regulatory requirements (more on this below) promises private accounts in European banks.

Exposing FBBC

A trader looking to work peacefully with a reliable company will, of course, first check the broker’s registration and license. Such a check on FBBC yields dismal results.

The company claims to be registered in Mwali (Moheli), Comoros Union, and even provides a registration number, HY00423175. Strangely, this company could not be found in the local registry.

At the same time, the specified registration number belongs to another company named LBLV Ltd. Incidentally, LBLV Ltd. has a MISA license with the number T2023242, but it has been suspended. It is unclear whether our broker copied another company’s website along with all the data or if these projects belong to the same owner. In any case, FBBC’s operations did not become more legitimate.

If you look closely at the official information provided by the broker, it all becomes clear. It turns out that the owners do not even know that the local regulator, which cheaply distributes these popular licenses, is called the Mwali International Services Authority (MISA), not the “Agency for Regulation and Development of the Financial Market of Mwali” as stated in the website footer. It’s no surprise then that the company does not even have a license from this regulator.

The information about the broker’s existence time didn’t surprise us either. According to whois data, the domain fbbc.pro was registered on April 29, 2024. This means that the company has been operating online for just one and a half months at the time of writing this review.

With such “solid” experience, even legitimate brokers cannot expect client trust. As for pseudo-companies without registration and licenses, there’s no need to elaborate.

Here are a couple more facts that perfectly fit the profile of FBBC:

Pros/Cons

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