BrokersView has reviewed that BTC Traders is an unregulated broker It claims to be regulated by the Financial Sector Conduct Authority (FSCA). Upon investigation, no matching information was found in the FSCA. In essence, BTC Traders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. BTC Traders appears to be a scam.