Company Profile
Company Profile
Review summary
Note: BB&T's official website: http://www.bbtfx.net/en/ is currently inaccessible normally.
BB&T Information
BB&T Corporation operates as a brokerage. The United States NFA regulation (license number: 0339826) claimed by this broker is suspected to be clone. As the validity of BB&T's regulatory standing is uncertain, traders should be careful/cautious/prudent when thinking about using the company's services. BB&T provides the MetaTrader 4 platform for conducting trades, but its legal authority is presently unclear given the questionable license situation.
Is BB&T Legit？
 | National Futures Association (NFA) |
| Current Status | Suspected Clone |
| License Type | Market Making(MM) |
| License No. | 0339826 |
| Licensed Institution | GAIN CAPITAL GROUP LLC |
There are questions surrounding BB&T Corporation's regulatory compliance. While the brokerage claims oversight by the NFA, the organization lists BB&T's status as “Suspected Clone,” suggesting its license may have been duplicated without authorization. As an unregulated entity potentially using fraudulent identification, BB&T's legal standing and ability to safely handle client funds and data is unclear.
BB&T strongly cautions traders to proceed with immense diligence before conducting business with the company. Careful independent verification of the broker's licensing credentials directly through the NFA is necessary.
Downsides of BB&T
- Unavailable Website
BB&T's official website cannot currently be accessed, generating issues of performance reliability and attention to clients' needs.
- Lack of Transparency
Minimal information is publicly available about BB&T, unlike transparent brokerage peers. The lack of disclosures hampers the ability to conduct proper due diligence.
- Regulatory Concerns
- While BB&T asserts NFA authorization, the regulator designates it a “Suspected Clone,” implying licenses could be deceitful and oversight dubious.
Conclusion
Trading with BB&T can be a security risk because, despite their claims to be regulated, the National Futures Association (NFA) has listed them as a “Suspected Clone”. It is recommended to choose a broker that is regulated and operates transparently to ensure that your investments are safe and comply with legal standards. When choosing a trading platform, give priority to those that are regulated by recognized regulatory agencies for enhanced security.
