Reported as a scam / unregulated
Why BKYHYO LTD is on the register
BKYHYO LTD is not a reliable broker for traders even though it states offers that look good to be true. BKYHYO LTD claims it has registration in the Companies House of the United Kingdom (CH) under the registration number: SC694231. We indeed find a match result to BKYHYO LTD in CH, but please be informed that CH is the United Kingdom’s registrar of companies that has no legit rights to regulate any forex activities. Having registration does not mean having any regulation. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to BKYHYO LTD in FCA. That means BKYHYO LTD is not an approved broker to offer financial services in the United Kingdom. Besides, BKYHYO LTD claims its regulation by the US National Futures Association (NFA) with an NFA ID: 0539341. But when we searched in NFA, we only find this broker is not under valid regulation by NFA since it is not an approved member of this regulator. The truth is that BKYHYO LTD is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.