BBanc Review – Important Facts About BBanc.com Scam

Looking at BBanc’s website can tell you you’re dealing with a scam. A registration number of 1860 LLC 2022 appears on the firm’s website. It claims to have been in business for over ten years and has received 15 different awards. By now, our experience had already turned red alert, screaming scam.

Learn how to recover your money if this cyber-fraud has scammed you in this BBanc review. For those who don’t know, the investment offers they make are too good to be true.

1. Trader status: offshore scammer
2. Licensed/Regulated Forex Brokers: Unlicensed/Unregulated
3. Scammers’ websites: bbanc.com
4. Current operating status: Forex and Crypto Trading Scam
5. List of scams blocklisted by: AMF France
6. Owner of the broker: Primis LLC
7. Nationality: Saint Vincent and the Grenadines
8. Inauguration Year: 2022
9. Platforms: WebTrader/MT5
10. MetaTrader 5 App: Available for mobile trading
11. Minimum Deposit: 250 Euros
12. Bonuses: Up to 75%  
13. Trading Cryptocurrencies: Available
14. Trade CFDs: Yes, you can
15. Traders can trade Forex, cryptocurrencies, indices, stocks, and shares
16. Leverage maximum: 1:25.
17. Account type: Islamic: Not available
18. Demo Account: No, only live accounts are available
19. US traders are accepted: US traders are accepted
20. Fraud Protection Team: Do not invest with this scam broker!

 Is BBanc a Regulated Crypto and Forex Provider?

However, there is no doubt about it if you ask their employees. The reality is, however, somewhat different.

BBanc Forex brand is owned and operated by Primis LLC, which manages from Saint Vincent and the Grenadines. Its lack of financial regulation is one reason why so many brokers choose SVG today. According to the FSA register, brokers are required to have a license in the country of service.

Is BBanc Broker a Scam?

The brokerage firm BBANC is a scam. It has no financial regulation, but its employees claim it is FCA-regulated. Moreover, the broker is located in Saint Vincent and the Grenadines but is governed by Estonian law according to the terms and conditions.

Scam Warnings Against BBanc

In response to several complaints filed against BBanc, the French regulator AMF blacklisted the company. A regulator has listed bbanc.com as a fraudulent Forex domain operating in France without a license. 

Where Is BBanc Trading Scam Active?

Since February of this year, Bbanc has been active in the financial market. During this short period, the firm defrauded many people. Victims primarily come from:

• Spain
• Poland
• UK
• Canada
• Netherlands

Moreover, we recommend that you do not consider Place an Order, Capital Forex Live, or Bitmoon24 as potential trading brokers.

How Does This Scam Broker Find Victims?

In addition to using social media, scam brokers also advertise on Google AdWords and Facebook. Your main goal is to get hooked, get your phone number and email, then harass you.

Customer reviews allege that BBanc is relentlessly calling and emailing customers with their supposedly best trading offers. 

Also, if you have never signed up for the service, you can be scammed through social media – Facebook and Instagram messages. Using them, they contact potential victims and tell them different stories about making profits within a few hours.

It is always a bad idea to believe anything that sounds too good to be true.

What to Do If You Fall For a BBanc Scam?

We want to hear from you if a BBanc scam has victimized you or someone close to you. You should never give up and fight for what’s rightfully yours. Depending on your payment method, we can help you recover your funds differently.

You can also read our FinsRoyal Review.