The UK FCA issued a Warning against BACUNDA LIMITED On 13 September 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BACUNDA LIMITED was providing financial services or products in the UK without authorisation. You may visit:https://www.fca.org.uk/news/warnings/bacunda-limited

BrokersView has Reviewed that ​BACUNDA LIMITED is an Unregulated trading platform According to its website, BACUNDA LIMITED claims to be a reliable platform and is regulated by the Financial Conduct Authority (FCA) and the Malaysian Securities Commission (Malaysia SC). However, after verification, it was found that the FCA warned it. Similarly, Malaysia SC does not include an entity named Bacunda in its register. What's more, this governing body doesn't regulate foreign exchange. Therefore, all the regulatory information displayed on the website is invalid.The truth is that BACUNDA LIMITED 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. Therefore, BACUNDA LIMITED is a scam.

BrokersView has identified that BACUNDA LIMITED's website is currently offline BrokersView found that the domain "https://bacunda.com/" 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.

I'm wondering which country's license BACUNDA LIMITED has. Thank you. BACUNDA LIMITED operates as a trading platform in the absence of the required licenses. Thus, it is advised against engaging with it.BACUNDA LIMITED lies about being regulated by the UK's Financial Conduct Authority (FCA) and Malaysia's Securities Commission (SC). The FCA has exposed BACUNDA LIMITED as an unauthorized firm that preys on British investors without permission (the full FCA warning can be accessed here). The SC has no trace of BACUNDA LIMITED in its register, so its claim of being registered is false.Do not trust BACUNDA LIMITED's fake testimonials and notifications that claim someone has just made a successful deal. These are easy to fabricate and have no regulatory oversight to ensure their validity.Entrusting the platform with investors' funds is highly risky as no rules in place to prevent fraud and identity theft. To mitigate such risks, traders are advised to stay away from unlicensed platforms and instead choose fully regulated ones. View Source