The Official Website Of BBanc Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-01 French AMF Adds BBanc To The Warning List
On July 1, 2022, The French Financial Marekt (AMF) Issued A Warning That BBanc Provides Foreign Exchange Services In France Without Authorization. You Can Visit The Following Website For Details: Https://www.amf-france.org/en/warnings/warnings-and-blacklists?conditions%5Bcategorie%5D=224.page=0.sort%5Bfield%5D=date.sort% 5Bsort% 5D = DESC
2022-07-05 Our Review Confirms That BBanc Is An Unregulated Forex Broker
BBanc Claims To Have 10 Years Of Industry Experience In The Trading Market. However, When We Checked Its Domain Name And Found That The Site Was Actually Created On January 14, 2013, It Was A Red Flag.
BBanc Also Claims To Be A Reliable Broker Registered With The Saint Vincent And The Grenadines Financial Services Authority (SVG FSA), Registration Number: 1860 LLC 2022. We Did Find Results Matching This Broker In The SVG FSA. However, Please Note That The SVG FSA Neither Issues A License To Operate Forex Nor Regulates Forex Activities.
Furthermore, The French Financial Marekt Authority, AMF, Has Issued A Warning That BBanc Is Not Authorized To Provide Forex Services And Products In France.
This Means That BBanc Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Dealer Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
2022-08-01 Spain CNMV Adds BBanc To Warning List
On August 1, 2022, The Spanish National Business Council (CNMV) Issued A Warning That BBanc Provides Investment Services In Spain Without Authorization. You Can Visit The Following Website For Details: Http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1.sortExpression=Fecha.sortDirection=1.page=0
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That BBanc Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: BBanc As A, Unregulated Broker 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 Investing 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 Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
