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BBS Markets

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has found that BBS Markets appears to be a scam BBS Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, BBS Markets appears to be a scam.

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Does BBS Markets offer a welcome bonus for new users? Dear Investor, BBS Markets is not a reliable trading platform as it lacks any valid proof of regulation. The broker has not provided any regulatory information and merely claims to be registered in Saint Lucia. Although we did find an entity named BBS Markets Ltd. in the system of Saint Lucia International Financial Centre(IFC), this registration only indicates that it is incorporated as an International Business Company (IBC) and does not mean it holds a forex trading license. The Saint Lucia IFC does not have the authority to regulate forex trading or issue such licenses. In reality, BBS Markets operates entirely without regulation and poses a high risk of being a fraudulent broker. We strongly advise you to avoid trading with this platform. View Source

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