Reported as a scam / unregulated
Why BCM Trading is on the register
BCM Trading claims to operate under Blackridge Trading Ltd, which is registered with the Saint Lucia International Financial Centre (IFC). While we can confirm that a matching entity exists in the Saint Lucia IFC registry, this registration only confers International Business Company (IBC) status, not a legitimate financial services or forex trading license. Importantly, the IFC neither regulates nor authorizes forex trading activities. Furthermore, BCM Trading is not licensed by any recognized financial regulatory authority, which is a significant red flag indicating potential fraudulent operations. Therefore, BCM Trading is considered to be 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.