BrokersView has Reviewed that BBT is an Unregulated Forex Broker BBT claims to be an experienced firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Besides, BBT shows its company address is in Hong Kong. As forex traders, you should know all regulated forex brokers in Hong Kong are monitored by the Securities And Futures Commission (HK SFC). However, we did not find any match results to BBT in HK SFC. That means BBT is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
BBT
VisitRisk Level - High
BBT
Risk Level - High
Scam Evidence & Warnings
BrokersView has found that BBT is not working BrokersView found the domain "https://www.bbtforex.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
The US CFTC adds BBT to its RED List On June 12, 2023, the US Commodity Futures Trading Commission (CFTC) added BBT to its RED List for illegally operations: https://www.cftc.gov/PressRoom/PressReleases/8716-23.
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