BrokersView
Search
Download
English
Sign In

Broad Financial Markets Group Limited

Save

Operating status: SCAM

Website: https://www.bfgroupltd.com/

Broker violations and abnormal records
  • 2025-05-11 BrokersView has reviewed that Broad Financial Markets Group Limited is an unregulated broker

    According to its website, the brand was founded in 2012 and is located in Hong Kong. Upon investigation, we found that its domain name was only established in 2022, and no matching information was found in the Securities and Futures Commission (HK SFC).

    In essence, Broad Financial Markets Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Broad Financial Markets Group appears to be a scam. 

    According to its website, the brand was founded in 2012 and is located in Hong Kong. Upon investigation, we found that its domain name was only established in 2022, and no matching information was found in the Securities and Futures Commission (HK SFC). In essence, Broad Financial Markets Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Broad Financial Markets Group appears to be a scam.

Related Complaints

Q&A

What is Broad Financial Markets Group Limited? really a scam?

Ibrahim Ball
Morocco
2025-05-15
ANSWER Dear Investor, Broad Financial Markets Group presents multiple red flags that strongly indicate it is an unreliable and potentially fraudulent entity. Contradictory Founding Claims: The platform states that it was founded in 2012, yet a review of its domain name registration shows that it was only created in 2022. Such inconsistencies raise serious doubts about its legitimacy. Lack of Regulatory Authorization: Despite claiming to operate in Hong Kong, there is no record of Broad Financial Markets Group being registered with the Securities and Futures Commission (HK SFC)—the official regulatory authority overseeing financial firms in the region. Given these concerns, Broad Financial Markets Group appears to be a scam. Investors are strongly advised to avoid this platform entirely to ensure the security of their funds.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.