Reported Website: https://www.bbtforex.com/
BBT claims to be an experienced firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Besides, BBT shows its company address is in Hong Kong. As forex traders, you should know all regulated forex brokers in Hong Kong are monitored by the Securities And Futures Commission (HK SFC). However, we did not find any match results to BBT in HK SFC. That means BBT is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
