BBanc claims it has 10 years of experience in the trading market. However, when we checked its domain, we found it had been created on 14 Jan 2013, less than 10 years. Then where are the 10 years of experience comes from? It is a red flag.
BBanc also claims to be a reliable broker registered on St. Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number: 1860 LLC 2022. We searched the SVG FSA and found a matching result. However, please be informed that SVG FSA does not issue forex license or regulate forex activities.
What's more, the France Autorité des Marchés Financiers (AMF issued a warning that BBanc is not authorized to provide forex services and products in France.
That means BBanc is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
BBanc claims it has 10 years of experience in the trading market. However, when we checked its domain, we found it had been created on 14 Jan 2013, less than 10 years. Then where are the 10 years of experience comes from? It is a red flag.BBanc also claims to be a reliable broker registered on St. Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number: 1860 LLC 2022. We searched the SVG FSA and found a matching result. However, please be informed that SVG FSA does not issue forex license or regulate forex activities. What's more, the France Autorité des Marchés Financiers (AMF issued a warning that BBanc is not authorized to provide forex services and products in France. That means BBanc is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.