ANSWER No, BancorpBull is not authorized to accept US customers as it is not under the supervision of the National Futures Association (NFA).This broker falsely claims to be regulated by the Financial Conduct Authority (FCA), the UK's financial watchdog. The FCA has issued a warning against BancorpBull, flagging it as an unauthorized firm in the UK, to alert investors to this dishonest entity. It's important to note that the alleged US address is linked to a number of fraudulent trading platforms that the FCA has identified.Investors who deal with BancorpBull run the risk of losing their funds due to fraudulent activities, without any regulatory protections. To mitigate such risks, it is strongly advised to avoid unlicensed brokers like BancorpBull and instead opt for fully regulated ones.
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