BrokersView has Reviewed that BACFX-R is an Unregulated Broker BACFX-R claims to be a online trading service provider founded in UK together with offices or service centers in multiple countries, and regulated by the National Futures Association (NFA) in the US, ID 0538567 and ID 0539541, offering wide range of financial services, including currencies, metals, commodities, indices, shares and cryptocurrencies and more instruments in global markets. Upon investigation, NFA 0538567 is SMART CONTRACT GROUP LIMITED and NFA 0539541 is FOGEE LIMITED. They are not NFA Members. And BACFX-R is not supervised by the United Kingdom Financial Conduct Authority (FCA). The truth is that BACFX-R is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. BACFX-R is a scam.

BrokersView has identified that BACFX R's website is currently offline BrokersView found that the domain "https://baacfx.com/index1.html" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Is BACFX R really supervised by the NFA? BACFX R is not regulated by the National Futures Association (NFA).Despite claiming two NFA IDs, our research indicates that these IDs are not linked to BACFX R and are merely for tracking. As such, BACFX R does not fall under NFA regulation.Considering the lack of regulation, engaging with BACFX R carries risks. For a secure trading environment, it is highly recommended to avoid BACFX R and opt for fully regulated brokers. View Source