ANSWER Dear Investor,
BCM Trading is not a trustworthy broker, as it does not hold a valid financial license.
The platform claims to operate under Blackridge Trading Ltd, which is registered with the Saint Lucia International Financial Centre (IFC). While we can confirm that a matching entity exists in the Saint Lucia IFC registry, this registration only confers International Business Company (IBC) status, not a legitimate financial services or forex trading license. Importantly, the IFC neither regulates nor authorizes forex trading activities.
Furthermore, BCM Trading is not licensed by any recognized financial regulatory authority, which is a significant red flag indicating potential fraudulent operations.
Given the lack of proper oversight and the misleading representation of its regulatory status, we strongly advise you to avoid trading with BCM Trading to safeguard your funds.
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