BrokersView has Reviewed that Bakkt Market is an Unregulated Broker Bakkt Market claims to be headquartered in the USA, is a broker licensed and regulated by the U.S. National Futures Association (NFA) with ID 0561418 and the U.S. Financial Crimes Enforcement Network(FinCEN) as a Money Services Business (MSB) under registration number 31000263262302, offering a range of investment products to traders in global markets. Under registration number 31000263262302 with MSB, we found that the company is SMART GLOBAL, but the business of the MSB is only currency exchange, cannot license forex trading brokerage activities, and has no authorization for financial derivatives. However, Bakkt Market is also not authorized and regulated by the NFA. The truth is that Bakkt Market 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. Bakkt Market is a scam.
Bakkt Market
VisitRisk Level - High
Bakkt Market
Risk Level - High
Scam Evidence & Warnings
BrokersView has identified that Bakkt Market's website is currently offline BrokersView found that the domain "https://webullforex.com/en/index" 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.
Scammed, Bakkt Market. Dear Investor,We understand the distress and frustration this scam may have caused you. We urge you to discontinue any engagement with Bakkt Market, regardless of their promises, and report it to your local authorities. Bakkt Market is indeed a scam, lying about its registration information and legal status, making it a very dangerous platform.Meanwhile, we encourage you to file a complaint on our platform https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.Lastly, please stay vigilant about recovery room scams, where unsolicited messages claim they can assist you in recovering your funds but actually intend to defraud you further. View Source
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