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Is BPI Financial regulated?

Broker Issues
BPI Financial
Regulation
01-09
United States
WikiFX
Reply

BPI Financial claims to be regulated by the Securities and Futures Commission (SFC) in Hong Kong and Singapore. However, the company has not readily disclosed or provided the latest license information, creating uncertainty regarding its current regulatory status. While the firm states that its subsidiary, Bright Point International Futures Limited, is regulated by the SFC, there is no clear confirmation available regarding the validity of the license. This lack of transparency makes it difficult for investors to fully trust the firm’s claims. If regulation is an important factor for you, particularly for the safety of your funds, it would be prudent to approach BPI Financial with caution until more clarity is provided regarding its regulatory standing.

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