The Malaysia BNM Added BFS Markets Ltd into Its Financial Consumer Alert List On 25 Jul 2014, the Central Bank of Malaysia issued a warning against CybertrustFX that this firm may have been wrongly perceived or represented as being licensed or regulated by Bank Negara Malaysia (BNM). You may visit: https://www.bnm.gov.my/financial-consumer-alert-list

BrokersView has Reviewed that BFS Markets Ltd is an Unregulated Broker BFS Markets Ltd claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The company is located in London, UK, but the Financial Conduct Authority in the UK did not match any relevant information.The truth is that BFS Markets Ltd 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, it is a scam.