Reported as a scam / unregulated
Why LTM SV is on the register
Following an investigation, BCS Markets changed its name to LTM SV, claiming to be currently operated by LTM SV LLC. The broker has not displayed any regulatory or licensing information before or since, and only claims to be registered in St Vincent. Although we found LTM SV LLC in the Saint Vincent and the Grenadines Financial Services Authority (FSA) registry, please note that this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licences forex trading activities. LTM SV also does not appear to be authorised by any recognised regulator to carry out trading activities, which makes it highly risky. Therefore, we label LTM SV as a scam to remind investors to pay attention to the relevant risks.
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.