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Bakkt Market

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Operating status: SCAM

Website: https://webullforex.com/en/index

Broker violations and abnormal records
  • 2024-11-06 BrokersView has Reviewed that Bakkt Market is an Unregulated Broker

    Bakkt Market claims to be headquartered in the USA, is a broker licensed and regulated by the U.S. National Futures Association (NFA) with ID 0561418 and the U.S. Financial Crimes Enforcement Network(FinCEN) as a Money Services Business (MSB) under registration number 31000263262302,

    offering a range of investment products to traders in global markets.

    Under registration number 31000263262302 with MSB, we found that the company is SMART GLOBAL, but the business of the MSB is only currency exchange, cannot license forex trading brokerage activities, and has no authorization for financial derivatives. 

    However, Bakkt Market is also not authorized and regulated by the NFA.

    The truth is that Bakkt Market is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.

    Bakkt Market is a scam.

    Bakkt Market claims to be headquartered in the USA, is a broker licensed and regulated by the U.S. National Futures Association (NFA) with ID 0561418 and the U.S. Financial Crimes Enforcement Network(FinCEN) as a Money Services Business (MSB) under registration number 31000263262302,offering a range of investment products to traders in global markets.Under registration number 31000263262302 with MSB, we found that the company is SMART GLOBAL, but the business of the MSB is only currency exchange, cannot license forex trading brokerage activities, and has no authorization for financial derivatives. However, Bakkt Market is also not authorized and regulated by the NFA.The truth is that Bakkt Market is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.Bakkt Market is a scam.

Related Complaints

Q&A

Scammed, Bakkt Market.

Bogdan
United States of America
2024-11-11
ANSWER Dear Investor,We understand the distress and frustration this scam may have caused you. We urge you to discontinue any engagement with Bakkt Market, regardless of their promises, and report it to your local authorities. Bakkt Market is indeed a scam, lying about its registration information and legal status, making it a very dangerous platform.Meanwhile, we encourage you to file a complaint on our platform https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.Lastly, please stay vigilant about recovery room scams, where unsolicited messages claim they can assist you in recovering your funds but actually intend to defraud you further.
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