Bcpgltdmarkets.com is a Forex broker claiming to offer its clients a wide range of trading instruments spanning across crude oil, indices, precious metals and even CFDs.
Bcpgltd Markets has since closed down their other website domain at bcpgltd.com.
The entire BcpgltdMarkets website is however written in Chinese language which may suggest the broker is either based in Asia or targeting Chinese nationals.
The broker continues to market its platform by claiming that they are offering low-cost trading, low margin requirements, 24 hour customer support and an excellent online trading platform.
Bcpgltd Markets also wants traders to believe that they are a real STP and ECN broker, thus traders won’t encounter any conflict of interest on their platform.
In addition to this, they offer the popular MT5 desktop and mobile versions respectively.
MT5 is known for its superb charting capabilities and wide variety of tools for trading the markets.
However, this broker’s reputation is still not known because their authenticity with regards to licensing is questionable.
They claim on their website that they are recognized and licensed by the National Financial Supervision Commission of Australia and New Zealand.
This does not appear to be true. We only recommend trading with brokers who are properly regulated in order to guarantee safety of funds.
Is Bcpgltdmarkets broker legit?
We understand that the business entity behind this broker is called Business Choice Partners Group Limited.
They are using one premium email address and a free gmail address.
These include email@example.com and firstname.lastname@example.org.
The problem with this broker is that they are not licensed to offer any kind of financial license.
In fact, the FMA in New Zealand has also published a warning to alert its citizens that trading with this broker is a risky endeavor.
This broker is basically a scam that is seeking to withhold your money.
Their site suggests that the broker is allowed to operate from the USA, Australia, New Zealand and China.
This is not the case. For the broker to operate in these countries, they need a license which they currently do not have.
Therefore, we’re asking traders to stay away from Bcpgltdmarkets and their services.