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Public Statement 8 of 2023 - FOREX BMC

Public Statements



Tortola, British Virgin Islands - 29th June 2023 - The British Virgin Islands Financial Services Commission ('the FSC') considers it necessary to issue this Public Statement in order to protect the customers, creditors or persons who may have been solicited to conduct business by FOREX BMC UK LTD and to make the general public aware that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business.

The details are:

FOREX BMC UK LTD, a company registered in England and Wales under company registration number 11850384 which is also trading as FOREX BMC and using the website address, is falsely purporting to be authorised and licensed by the FSC for the purpose of providing a trading platform with options to trade on forex, commodities, crypto-assets, currencies, indices, ETFs, and other financial services products. The trading platform utilised is the MT5 Integrated System. FOREX BMC UK LTD is falsely purporting to be a Globally Licensed and Regulated entity.

The FSC hereby informs the public that FOREX BMC UK LTD (website address is not and has never been licensed or regulated to provide a trading platform to carry out trades in forex, crypto, indices, or any other financial services products, in or from within the Territory of the Virgin Islands.

Members of the public are advised to exercise extreme caution and to avoid conducting any business with FOREX BMC UK LTD. The public is invited to provide the FSC with any relevant information on any questionable entities which are purportedly operating in or from within the Territory and on any improper activities engaged in by such entities.

The FSC has issued this Public Statement pursuant to Section 37A of the Financial Services Commission Act, 2001.