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Operating status: SCAM
Website: https://bacunda.com/

On 13 September 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BACUNDA LIMITED was providing financial services or products in the UK without authorisation. You may visit:https://www.fca.org.uk/news/warnings/bacunda-limited
According to its website, BACUNDA LIMITED claims to be a reliable platform and is regulated by the Financial Conduct Authority (FCA) and the Malaysian Securities Commission (Malaysia SC). However, after verification, it was found that the FCA warned it. Similarly, Malaysia SC does not include an entity named Bacunda in its register. What's more, this governing body doesn't regulate foreign exchange. Therefore, all the regulatory information displayed on the website is invalid.
The truth is that BACUNDA LIMITED is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
Therefore, BACUNDA LIMITED is a scam.
BrokersView found that the domain "https://bacunda.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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