BrokersView
Search
Download
English
Sign In

BrokerCreditService

Save

Operating status: SCAM

Website: https://brokercreditserviceltd.net/

Broker violations and abnormal records
  • 2022-09-21 The Cyprus CySEC Added BrokerCreditService into Its Warnings

    On 22 Sep 2022, Cyprus Securities and Exchange Commission (CySEC) issued a warning that BrokerCreditService does not belong to an entity that has been granted authorization for the provision of investment services. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=9a2a4281-c784-4f2e-a78b-37480ffe74b3


    On 22 Sep 2022, Cyprus Securities and Exchange Commission (CySEC) issued a warning that BrokerCreditService does not belong to an entity that has been granted authorization for the provision of investment services. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=9a2a4281-c784-4f2e-a78b-37480ffe74b3
  • 2022-09-25 BrokersView has Reviewed that BrokerCreditService is an Unregulated Forex Broker

    BrokerCreditService claims to be regulated by Cyprus Securities and Exchange Commission (CySEC) License No. 048/04, and registered with the Polish Financial Supervision Authority (PFSA or KNF), the Germany Federal Financial Supervisory Authority (BaFin), the Spain Comisión Nacional del Mercado de Valores (CNMV), and the Italy Commissione Nazionale per le Società e la Borsa (CONSOB).

    First, we searched CySEC and found a company named BrokerCreditService (Cyprus) Ltd. We also searched KNF, BaFin, and CNMV and found the company named BrokerCreditService. However, the CySEC-approved domain was "www.bcscyprus.com" instead of "www.brokercreditserviceltd.net". And there is no confirmation about its website in KNF, BaFin, or CNMV. In other words, the scam may misuse the regulatory information of an authorized broker.

    In addition, CySEC issued a warning that BrokerCreditService does not belong to an entity that has been granted authorization for the provision of investment services.

    The truth is that BrokerCreditService is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    BrokerCreditService claims to be regulated by Cyprus Securities and Exchange Commission (CySEC) License No. 048/04, and registered with the Polish Financial Supervision Authority (PFSA or KNF), the Germany Federal Financial Supervisory Authority (BaFin), the Spain Comisión Nacional del Mercado de Valores (CNMV), and the Italy Commissione Nazionale per le Società e la Borsa (CONSOB).First, we searched CySEC and found a company named BrokerCreditService (Cyprus) Ltd. We also searched KNF, BaFin, and CNMV and found the company named BrokerCreditService. However, the CySEC-approved domain was "www.bcscyprus.com" instead of "www.brokercreditserviceltd.net". And there is no confirmation about its website in KNF, BaFin, or CNMV. In other words, the scam may misuse the regulatory information of an authorized broker.In addition, CySEC issued a warning that BrokerCreditService does not belong to an entity that has been granted authorization for the provision of investment services.The truth is that BrokerCreditService is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.