ANSWER BBS Limited appears to be an unregulated platform.In an attempt to appear legitimate, BBS Limited provides an address in Canada. However, it is not financially registered in this country as our search for it in the register of the Investment Industry Regulatory Organization of Canada (IIROC) didn't find any matching entries.Furthermore, the British Columbia Securities Commission (BCSC) has confirmed that BBS Limited is not registered to trade in, or advice on securities and derivatives in BC. You can refer to here for the full warning.Therefore, BBS Limited is not regulated and poses significant risks to investors. Individuals dealing with it are vulnerable to fraud and identity theft as they are not protected by the regulatory framework. To mitigate risks over the trading journey, it is advised against engaging with unregulated brokers. Fully regulated ones is a better choice.
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