BB&T Forex Broker

Note: BB&T's official website: http://www.bbtfx.net/en/ is currently inaccessible normally.BB&T Information BB&T Corporation operates as a brokerage. The United States NFA regulation (license number: 0339826) claimed by this broker is suspected to be clone. As the validity of BB&T's regulatory standing is uncertain, traders should be careful/cautious/prudent when thinking about using the company's services. BB&T provides the MetaTrader 4 platform for conducting trades, but its legal authority is presently unclear given the questionable license situation.Is BB&T Legit？ National Futures Association (NFA) Current StatusSuspected Clone License TypeMarket Making(MM) License No.0339826 Licensed InstitutionGAIN CAPITAL GROUP LLC There are questions surrounding BB&T Corporation's regulatory compliance. While the brokerage claims oversight by the NFA, the organization lists BB&T's status as “Suspected Clone,” suggesting its license may have been duplicated without authorization. As an unregulated entity potentially using fraudulent identification, BB&T's legal standing and ability to safely handle client funds and data is unclear. BB&T strongly cautions traders to proceed with immense diligence before conducting business with the company. Careful independent verification of the broker's licensing credentials directly through the NFA is necessary.Downsides of BB&T Unavailable Website BB&T's official website cannot currently be accessed, generating issues of performance reliability and attention to clients' needs. Lack of Transparency Minimal information is publicly available about BB&T, unlike transparent brokerage peers. The lack of disclosures hampers the ability to conduct proper due diligence. Regulatory ConcernsWhile BB&T asserts NFA authorization, the regulator designates it a “Suspected Clone,” implying licenses could be deceitful and oversight dubious.Conclusion Trading with BB&T can be a security risk because, despite their claims to be regulated, the National Futures Association (NFA) has listed them as a “Suspected Clone”. It is recommended to choose a broker that is regulated and operates transparently to ensure that your investments are safe and comply with legal standards. When choosing a trading platform, give priority to those that are regulated by recognized regulatory agencies for enhanced security.