Broker check

Is ForexBY safe?

ForexBY is a broker listed with NBRB. Our verdict is Proceed With Caution, 6.0 out of 10. Below: what each regulator means for client protection and how to verify.

Proceed With Caution

6.0 / 10

Regulators: NBRB
FCA: Not listed
Basis: Awaiting re-check
Updated: 18 Jun 2026

Run full check

What the verdict means

ForexBY is rated "Proceed With Caution". Verdicts come from a fixed, rule-based model applied identically to every entity.

Strongly Trusted
A strong regulatory basis or track record on the evidence we hold.
Trusted
A reasonable regulatory basis or track record on the evidence we hold.
Proceed With CautionThis record
Mixed or thin evidence, often an offshore licence. Check the register yourself.
Avoid
Serious concerns, such as no regulatory basis or a confirmed closure.

Basis: awaiting a live register re-check. See the methodology for sources.

Who regulates ForexBY

Listed regulators from our records. Compact rows with register links:

NBRB

(NBRB)

Belarus

How to verify this yourself

Take a few minutes to check official registers directly:

01
Find the official register of the regulator listed above. Use the regulator's own site, not a link from the broker.
02
Search for the firm's name or licence number.
03
Check that the licensed legal entity matches ForexBY's account terms and that status is current.
04
Check permissions cover the instruments you plan to trade.

Alternatives to ForexBY

Comparable brokers with an equal or higher score:

BP Prime

FCA

Strongly Trusted

9.5 / 10

Capital Markets Elite Group

CIMA, FCA

Strongly Trusted

9.5 / 10

City Index

FCA, MAS

Strongly Trusted

9.5 / 10

CMC Markets

CIRO, FCA, FMA

Strongly Trusted

9.5 / 10

The record

Public verification fields held for this entity:

Verdict: Proceed With Caution
Score: 6.0 / 10
Regulators listed: NBRB (Belarus)
FCA register: Not listed on the FCA register in our record
FCA warning: None recorded
Record basis: Awaiting a live register re-check
Record updated: 18 Jun 2026

Check the regulator's register before depositing. We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale.

verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

ForexBY: questions answered

Is ForexBY regulated?

Our record lists ForexBY as regulated by NBRB (Belarus). Confirm each licence on the regulator's own register, because a listing here is a pointer and not proof.

Is ForexBY FCA regulated?

Our record does not show ForexBY on the FCA register. Check register.fca.org.uk directly if you need to be sure.