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No Regulation
Score
1.42 /10
Danger
BMB
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.30
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: The main website of BMB is https://bmbcrypto.net/ but it is not accessible at this moment.
BMB Information
BMB started in 2023 as an unregulated broker company with registration in the United States.
Is BMB Legit？
BMB is seen to operate without regulatory control. Lack of regulation might increase risks among investors as no established framework for monitoring and ensuring fair practices exist.
Downsides of BMB
- Unavailable Website
Investors can't reach BMB's main website now, which makes them wonder if it's reliable or easy to use.
- Lack of Transparency
Investors don't know much about BMB, so it's hard to understand how the company works or if investors can trust them.
- Regulatory Concerns
Investors are unsure if BMB follows any rules, which makes them think twice about how safe the money is and if they can trust the company.
Conclusion
Trading with BMB might not be safe because no one watches over them. Investors should pick brokers that follow rules and are open about what they do to keep the money safe and follow the law. When you choose a trading site, go for ones that big rule-makers keep an eye on. This will help you feel safer and more at ease.
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