BGAMFX has made some (false) regulatory claims and is now being monitored by various regulatory bodies for providing services without a license. It had been listed on the BafIn website as of June 3, 2025, stating they were not allowed to provide any financial services, and that is your first real red flag for any potential investor.
Regulatory Misleading Claims
BGAMFX states it is regulated by the US Money Services Business (MSB) and National Futures Association (NFA). Keep in mind this US MSB does not regulate forex trading, and BGAMFX has no listing to be registered with NFA per facts obtained. Misrepresentation is all too common in deceiving traders/taking brokers try to distance themselves with fee-based registration.
Reused Scam Templates and Suspect Behavior
The web page BGAMFX uses is a template that has already been labeled as a scam by many scam-monitoring sites. Following this pattern, it appears that the website is just one part of a wider scam scheme that has multiple fake sites under several different names to lure unsuspecting investors.
No Investor Protection
As BGAMFX does not operate under any valid regulation, there are no protections for investors regarding fund segregation, compensation schemes, or oversight that exists to protect against fraud.
Frequently Asked Questions
Q1: Is BGAMFX regulated by any financial authority?
No. BaFin has publicly issued a warning that BGAMFX is unauthorized.
Q2: What threats are of concern in trading with BGAMFX?
High risk. If you lose your funds, you will have no protection or legal recourse against BGAMFX.
Q3: I invested in BGAMFX. What should I do?
Stop all deposits, and contact a trusted fund recovery service.
Think twice before trusting such platforms. If you have ever lost money to Invexo Capital, Legal Certifi can help evaluate your case and assist you in recovering your funds.
Contact us today.
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