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BtcMarketCap

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Operating status: SCAM

Website: https://btcmarketcap.com

Broker violations and abnormal records
  • 2022-02-21 The Ontario OSC Added BtcMarketCap into Its Warning

    On 22 Feb 2022, the Ontario Securities Commission (OSC) issued a warning that BtcMarketCap is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/btcmarketcap

    On 22 Feb 2022, the Ontario Securities Commission (OSC) issued a warning that BtcMarketCap is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/btcmarketcap
  • 2022-07-21 The British Columbia BCSC Added BtcMarketCap into Its Warnings

    On 22 July 2022, the British Columbia Securities Commission (BCSC) issued a warning that BtcMarketCap is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/btcmarketcap

    On 22 July 2022, the British Columbia Securities Commission (BCSC) issued a warning that BtcMarketCap is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/btcmarketcap
  • 2022-07-28 BrokersView has Reviewed that BtcMarketCap is an Unregulated Forex Broker

    BtcMarketCap claims to be a reliable forex broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.

    BtcMarketCap also claims to have offices in Australia, Canada, and Germany. Then we searched the Australian Securities & Investments Commission(ASIC), the Investment Industry Regulatory Organization of Canada (IIROC), and the Germany Federal Financial Supervisory Authority (BaFin). However, we did not find any results that matched BtcMarketCap in the mentioned regulators.

    Moreover, the British Columbia Securities Commission (BCSC) issued a warning that BtcMarketCap is not registered to trade in, or advise on, securities or derivatives in BC. And the Ontario Securities Commission (OSC) issued a warning that BtcMarketCap is not registered in Ontario to engage in the business of trading in securities.

    The truth is that BtcMarketCap 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.

    BtcMarketCap claims to be a reliable forex broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.BtcMarketCap also claims to have offices in Australia, Canada, and Germany. Then we searched the Australian Securities & Investments Commission(ASIC), the Investment Industry Regulatory Organization of Canada (IIROC), and the Germany Federal Financial Supervisory Authority (BaFin). However, we did not find any results that matched BtcMarketCap in the mentioned regulators.Moreover, the British Columbia Securities Commission (BCSC) issued a warning that BtcMarketCap is not registered to trade in, or advise on, securities or derivatives in BC. And the Ontario Securities Commission (OSC) issued a warning that BtcMarketCap is not registered in Ontario to engage in the business of trading in securities.The truth is that BtcMarketCap 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.

Related Complaints

Q&A

I want to know its contact, especially the phone number. Could you help me please?

Harsh Nayar
Moldova
2022-11-30
ANSWER BtcMarketCap is not a licensed or regulated broker even though it states offers that look good to be true.BtcMarketCap claims to be a reliable forex broker without presenting any information about its regulation. Lacking such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.BtcMarketCap also claims to have offices in Australia, Canada, and Germany. Then we searched several regulatory authorities in the above countries, including:1) The Australian Securities & Investments Commission(ASIC);2) The Investment Industry Regulatory Organization of Canada (IIROC);3) The Germany Federal Financial Supervisory Authority (BaFin). However, we did not find any results that matched BtcMarketCap in the mentioned regulators.Moreover, the British Columbia Securities Commission (BCSC) issued a warning that BtcMarketCap is not registered to trade in, or advise on, securities or derivatives in BC. And the Ontario Securities Commission (OSC) issued a warning that BtcMarketCap is not registered in Ontario to engage in the business of trading in securities. You can check full warnings from BCSC and OSC.The truth is, BtcMarketCap is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like BtcMarketCap and trade with licensed brokers.
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