Bnbfastmining AUS Capital Pty Ltd is an unlicensed broker we advise against trading with, despite the seemingly attractive deals it offers.
The website claims to be operated by two companies: bnbfastmining (Europe) Ltd. authorised and regulated by the Cyprus Securities Exchange Commission (CySEC) under license 109/10, and bnbfastmining (UK) Ltd. authorised and regulated by the Financial Conduct Authority (FCA) under the license FRN 63782. However, our search for this broker in the above-mentioned agencies' registries disproved its claim. The CySEC license number belongs to a company named Etoro (Europe) Ltd, and there aren't any records matching the FRN number on the FCA website. This means bnbfastmining AUS Capital Pty Ltd is misrepresenting itself to fool investors.
Regarding your question, bnbfastmining AUS Capital Pty Ltd is not licensed to provide financial services or products in the forex markets. Dealing with this unlicensed broker comes with tremendous amounts of risks such as loss of funds and identity theft, which could be financially and personally devastating. Therefore, to avoid such risks, we strongly suggest investors avoid unlicensed brokers like bnbfastmining AUS Capital Pty Ltd and opt for fully regulated ones instead.
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