Verified: BBMTrade Is Operated Through The Website Https://bbmtrade.com/.
The Company's Website Is Not Currently Operational And Information About The Company Is Not Immediately Available. Traders Are Advised To Pay Attention To The Risks In Case Their Funds Are Damaged.
As For Supervision, It Has Been Verified That BBMTrade Does Not Currently Have Any Valid Licenses.
The Only Way You Can Approach BBMTrade Is By Email: Support@bbmtrade.com.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: BBMTrade As A, Unregulated Broker, This Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And When Choosing A Broker, Remind Everyone To Stay Away From These Unregulated As Much As Possible.
Here Is The General Information Found Via The Internet:
BBMTrade Is A CFD Forex Broker That Offers A Wide Range Of Trading Products. BBMTrade Is Said To Own And Operate BullBearMarkets Ltd. - A Company Registered In The Marshall Islands With A Contact Address In The United Kingdom.
It Offers The Mt4 Trading Platform. Bbm Trade Does Not Declare Any Regulations On Its Website, Which Is Not Surprising As The Marshall Islands Is Not Known For Its Strict Regulatory Framework.
The Brokerage Is Registered In The Marshall Islands, Which Is One Of The Favorite Locations For Scammers, And As Such, Does Not Need To Adhere To Regulatory Standards. All Of This Constitutes A Major Security Concern For Potential Clients Of The Broker.
Market Tools
BBMTrade Offers A Very Good Selection Of Trading Tools, Including CFDs On Stocks, Indices, And Futures. Through A Demo Account, We Counted About 49 Forex Currency Pairs, Including CFDs On Cryptocurrencies Including Bitcoin, Ripple, Ethereum, Litecoin, Dash, And Bitcoin Cash, As Well As CFDs On Precious Metals And Commodities Such As Gold, Silver, Platinum, And Palladium.
Minimum Deposit
Traders Need At Least $500 To Open A Trading Account With BBMTrade Which Is Double The Average Deposit Required By Most Brokers.
Leverage
Provides Leverage Of Up To 1:500 BBMTrade Is More Than Enough For Even The Most Aggressive Trading Strategies. While Higher Leverage May Help You Make Big Profits With A Relatively Small Deposit, It Also Comes With A Higher Risk Of Running Out Of Your Money In The Slightest Move In The Market.
Spreads And Commissions
Tested On Demo Accounts, The Benchmark EURUSD Spread Fluctuates Between 2.4 Pips And 2.6 Pips, Well Above Acceptable Levels For Standard Accounts. Keep In Mind That Even Without Commissions, Starting Spreads Higher Than 1.5 Pips Are Not Competitive
Trading Platform Available
BBMTrade Supports The Metatrader4 Platform. With Its Intuitive Interface And Excellent Charting Tools, MT4 Is The Platform Of Choice For Both Professional And Novice Traders.
Deposits And Withdrawals
In Addition To Traditional Payment Methods Such As Telegraphic Transfer And Credit Cards, You Can Also Use E-wallets Such As Neteller And Skrill Through BBMTrade.
