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bacunda limited

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I'm wondering which country's license BACUNDA LIMITED has. Thank you.
Nicolas Ginsac
New Caledonia
2023-10-23
ANSWER BACUNDA LIMITED operates as a trading platform in the absence of the required licenses. Thus, it is advised against engaging with it.BACUNDA LIMITED lies about being regulated by the UK's Financial Conduct Authority (FCA) and Malaysia's Securities Commission (SC). The FCA has exposed BACUNDA LIMITED as an unauthorized firm that preys on British investors without permission (the full FCA warning can be accessed here). The SC has no trace of BACUNDA LIMITED in its register, so its claim of being registered is false.Do not trust BACUNDA LIMITED's fake testimonials and notifications that claim someone has just made a successful deal. These are easy to fabricate and have no regulatory oversight to ensure their validity.Entrusting the platform with investors' funds is highly risky as no rules in place to prevent fraud and identity theft. To mitigate such risks, traders are advised to stay away from unlicensed platforms and instead choose fully regulated ones.
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