Brighthouse Capital Market-Some important Details about This Broker

General Information

According to the information, Brighthouse Capital Market is an offshore broker registered in the Saint Vincent and the Grenadines. The Islands is a popular offshore zone for the forex brokers as they can be easily incorporated under the countries law. In other words, Brighthouse Capital Market is an unregulated broker.

Official Website Unavailable

As of now, the website of Brighthouse Capital Market (https://brighthousecapitalmarket.com) is not available. We only looked up one NASDAQ-listed company named Brighthouse Financial, Inc. Apparently, they are not one company. Other than that, we can't find any information about this broker at all.

What are Common Broker Warnings？

1. The company is banned.

This is the worst thing that can ever happen to the brokerage firm. For some reason, if the broker is banned for operation in the market, you should not even consider it. There are some brokers that are banned by the regulator for operating dishonestly. Even though some of them are allowed to operate, they wait to be banned again by the regulator.

2. The investment activities of the broker are halted.

This means that trading operations of the firm are halted by the regulator to protect clients from losing their money. Sometimes traders also find such information on the broker site and other mainstream channels where companies might have to pay fines for violating rules set up by regulators. This can happen to any broker irrespective of their operating status.

3. The firm is facing penalties.

This means that the firm is facing some allegations or trials in the market. If you see such details, you should not invest in the company. Such brokers will never be trusted until proven otherwise. Once found guilty, they will have to pay fines or face other consequences for operations that are prohibited by relevant regulators.

4. Not regulated firms use this information.

Some companies pretend to be regulated but they are non-existent because there are no regulations in place for them to operate in the market. They use this information on the broker site to protect themselves from the potential investors who may hire them for investment activities. While the information is given in public, there are no chances of it being true. If you see such statements, you should immediately delete them because they are misleading.

5. The company is suspended.

This means that the company cannot accept any new client deposits until the investigation has been completed. This information might be seen on the broker site and other mainstream channels like trading forums where the best thing about it is that traders do not have to pay any fees because they can stay away from the shady firms.

Contact Information

If Brighthouse Capital Market is still in operation, users might access it via the e-mail: customercare@brighthousecapitalmarket.com, as well as the hotline: +91 929-477-1254. In addition, we found that the broker also has social media accounts including Twitter, Facebook and Instagram, but they are all updated as of November 2020. To sum up, we assume that this broker might be closed or run away. Please be aware of the risk!