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Bost Technology

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Operating status: SCAM

Website: https://bostforex.com/home

Broker violations and abnormal records
  • 2024-09-05 BrokersView has reviewed that Bost Technology is an unregulated broker

    According to its website, it claims that its registered address is Hong Kong, but its actual address is Malaysia. Upon investigation, no matching information was found in the Securities and Futures Commission (SFC) and Labuan Financial Services Authority (Labuan FSA).

    Therefore, Bost Technology is not regulated at all. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Bost Technology appears to be a scam.

    According to its website, it claims that its registered address is Hong Kong, but its actual address is Malaysia. Upon investigation, no matching information was found in the Securities and Futures Commission (SFC) and Labuan Financial Services Authority (Labuan FSA).Therefore, Bost Technology is not regulated at all. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Bost Technology appears to be a scam.

Related Complaints

Q&A

Is Bost Technology a good broker?

Tan Cheng
China
2024-09-11
ANSWER Dear Investor,We are concerned that Bost Technology is a scam.While the company claims to be registered in Hong Kong, there are no indications that it is registered with the Hong Kong Securities and Futures Commission (HK SFC).Despite the alleged physical location in Malaysia, no corresponding records were found in the register of the Labuan Financial Services Authority (Labuan FSA). These facts indicate that Bost Technology is not properly licensed.Given these findings, we strongly advise against using Bost Technology due to its unlicensed status. For a safer trading environment, we recommend choosing brokers that are fully regulated.
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