Operating status: SCAM
On August 16, 2023, the Financial Conduct Authority (FCA) issued a warning against BETA CENTRAL PROFITS LIMITED, this firm may be providing financial services or products without authorisation. https://www.fca.org.uk/news/warnings/beta-centralprofitscom
Information about the regulatory status of BETA CENTRAL PROFITS LIMITED is not reliable as the Financial Conduct Authority (FCA) has indicated that it provides financial services or products without authorization.In addition, it claims that regulated by Austrlian Securities & Investment Commission (ASIC), but after verified, this certificate is fake, neither AFSL nor AR can find this company, and ACN does not exist.
In essence, BETA CENTRAL PROFITS LIMITED is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.