BACB Forex Broker

BACB Review SummaryFounded1972Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsTrade finance; Treasury services(forex trading, fixed income, swaps, derivatives, yield enhanced deposits, etc); Real estate finance: residential mortgage( commercial mortgage)Customer SupportPhone: +44 20 4532 5000Address: 8-10 Mansion House Place, London, EC4N 8BJ, UKBACB Information BACB is a UK-based bank with markets in Europe, Africa and the Middle East. Their financial services are divided into three categories: trade finance, fiscal finance and real estate finance. They focus more on trade flows in Africa and the Middle East and property in the UK. It has representative offices in Abidjan, Algiers and Tripoli.Pros and ConsPros Cons Wide range of financial servicesUnregulated stateMany years of industry experiencesLack of fees information on official websiteMarkets located in Africa and the Middle EastIs BACB Legit? BACB now operates without any legitimate regulation from financial institutions.What Can I Trade on BACB? BACB mainly offers traders three types of services, including Trade Finance, Treasury Services and Real Estate Finance. Trade Finance: offeringLetters of Credit, secure settlements; Guarantees and Bonds, ensuring contractual obligations are met; and Collections, simplifying document handling for transactions. Treasury Services: foreign exchange solutions tailored for volatile markets. In addition, BACB offers a wide range of financial products, including money markets, fixed income, swaps, derivatives, and yield-enhancing deposits. Real Estate Finance: real estate finance solutions for the residential and commercial real estate industries. BACB offers loans of up to 65% on properties worth more than £2 million in London and certain parts of southern England. They also provide commercial mortgages to a wide range of property types across the UK, including office, retail, leisure, industrial and accommodation businesses.Tradable Instruments Supported Trade Finance✔Treasury Services✔Real Estate Finance✔Futures❌Customer Service BACB supports customers by phone, email, physical address and contact details. London Office: Mansion House Place 8-10, London, EC4N 8BJ, UK. E-mail :real.estate@bacb.co.uk; trade.enquiries@bacb.co.uk; treasury@bacb.co.uk. Tel: +44 20 4532 5000