BrokersView has found that BMG Capitals appears to be a scam BMG Capitals claims to be regulated by the Anjouan Offshore Finance Authority (AOFA) in Comoros. However, the AOFA is an offshore regulatory body that is known for its weak oversight and lack of international recognition. The jurisdiction offers limited investor protection, and its regulatory framework is generally considered to be unreliable by global financial standards. Although we were able to confirm the existence of the company within AOFA’s registry, AOFA does not list or verify the official domain(s) associated with the licensed entity. This absence of domain registration makes it difficult to confirm whether this platform is genuinely authorised under this licence. Given these concerns, we consider BMG Capitals to pose a high risk to investors and appear to be a scam.