Global Broker Regulation Inquiry App
WikiFX
Phoebe Yao 
1-2 years
Is BCM Markets safe and legit?
Broker Issues
Regulation
04-20
United States
WikiFX
Reply
BCM Markets claims to be licensed by the FSC of Mauritius, but it is not effectively regulated. Investors should approach with caution, as unregulated brokers do not offer the same level of investor protection.
Similar Questions
Can you highlight the particular advantages GUOTAI HAITONG offers when it comes to its available trading instruments and its fee schedule?
tabawan_dreamer
08-05
How safe is it to trade with PIPS STAR?
Ashraf20
05-30
Is London & Oxford a regulated broker?
Wahab
08-23
Is Allianz considered a legitimate investment provider?
Thanh Thao
08-11
Based on your experience, what do you consider to be the three main benefits of banking with IFIC Bank?
ritzyshona
07-19