F&B has been flagged by Securities and Exchange Commission for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with F&B: (1) They promise unrealistically high returns, (2) They're not registered with Securities and Exchange Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Securities and Exchange Commission|Cannot verify credentials
The so-called education at F&B is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.
Pros: Two-factor authentication|Copy trading available|Clean UI|Good analytical tools
Cons: Website design could be more modern
After using F&B for the past year and a half, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Portfolio tracking tools|Automated trading options|Risk management tools
Cons: Alert system is basic|Minimum deposit could be lower
KYC with F&B is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Full transparency|Wide product range|Market news feed|Personal attention
Cons: Wait times can be long during peak hours|Wish they had more educational resources