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Unregulated

FBL

United Kingdom · FBL Global Ltd
Unregulated United Kingdom 5-10 years Forex, Stock indices & Oil Listed on MetaQuotes MT5 Main market: IN
2.9/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Licensed-broker average 4.9 / 10
FBL has no verified tier-1 regulatory licence on record. See what this means →
User reviews
—
License status
None
Operating since
2019
Platforms
MT5(Desktop, MAC, iPhone +1 more
Min. deposit
$100
Max. leverage
1:1000
Account types
—
Website status
Online
checked 25 Oct 2026

FBL Review — Overview

Updated 14 Sep 2026
Regulation
Unregulated
Licence status
None
Platforms
MT5(Desktop, MAC, iPhone +1 more
Min. deposit
$100
Max. leverage
1:1000
Instruments
Forex, Stock indices & Oil, Metals, Bonds
Typical spread
From 0.5 pips(for EURUSD)
Operating
Est. 2019
Main market
IN
Entity
FBL Global Ltd
Website
fxbaylive.com · Online

FBL is a forex & CFD broker based in United Kingdom, established in 2019. On Trust Broker Hub it holds a Trust Score of 2.9 out of 10, which we rate as Poor — below the 4.9/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for FBL. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

FBL provides access to Forex, Stock indices & Oil, Metals, Bonds. Published conditions include a minimum deposit of $100 and leverage up to 1:1000. No complaints are currently on record. Overall, FBL carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation no licence on record 1.0 / 10 × 50%
Transparency public disclosure 10.0 / 10 × 20%
Footprint track record 4.0 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 3.65
Data completeness 6 of 10 facts verified 60%  ×0.80
Trust Score 2.9 / 10

Trust Score history

FBL currently scores 2.9/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Live website and reachable support channels
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for FBL. Treat with caution and verify before depositing.

MetaQuotes registry

As listed in the MetaQuotes MT5 broker directory · checked 26 Oct 2026
FBL Global Ltd MT5 server: FBLGlobal
Registration number
198284 GBC
Registered address
Premier Business Center, 10th Floor, Sterling Tower, 14 Poudriere Street, Port Louis, Mauritius
Offices
Mauritius
Status (per MetaQuotes)
Regulation: Mauritius
Website
www.fxbaylive.com
Email
itsupport@fxbaylive.com
Abuse reports
admin@fxbaylive.com
Phone
+230 2456703

Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.

Trading conditions

Self-reported
InstrumentsForex, Stock indices & Oil, Metals, Bonds, CFDs, Commodity
Minimum deposit$100
Maximum leverage1:1000
Typical spreadFrom 0.5 pips(for EURUSD)
PlatformsMT5(Desktop, MAC, iPhone, Android)
Demo account✅

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on FBL

Editorial · updated 14 Sep 2026
Our analysis · editorial 2.9/10

High-risk profile

FBL does not hold a verified regulatory licence on record. Based in United Kingdom, it has been operating for about 7 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 2.9/10 — a high-risk profile.

Strengths
  • Operating for 7 years
  • No complaints on record with us
  • Supports MT5(Desktop & MAC trading
  • Accessible minimum deposit ($100)
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
  • Very high leverage available (1:1000) — amplifies risk
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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FBL — Questions & Answers

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag FBL here if that changes.

Full specifications

Regulated region
United Kingdom
Operating period
5-10 years
Main market
IN
Instruments
Forex, Stock indices & Oil, Metals, Bonds, CFDs, Commodity
Year founded
2019

Frequently asked

Is FBL a safe broker?
FBL scores 2.9 / 10 on our Trust Score, below the 4.9 average for brokers that hold a verified licence. It has no verified tier-1 licence, raising risk. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
What is the FBL MT5 server name?
FBL is listed in the MetaQuotes MetaTrader 5 directory under the server name "FBLGlobal". In MetaTrader 5, add an account and search for that name, then choose the exact server shown in your account details from the broker. Read our methodology.
Is FBL regulated?
MetaQuotes lists FBL Global Ltd with the status "Regulation: Mauritius". That is the broker's own declaration to MetaQuotes, not a licence we have checked. We hold no verified licence for it, so check the regulator's own register before depositing.
How is the FBL trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from FBL?
FBL publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.