Is BDIMarkets legit?

By Lloyd, from Namibia, November 9, 2021 at 11:23 AM

Good day, Can you please check if this broker is legal and if clients have withdrawal issues with them.

Answer: Hi Lloyd,

BDIMarkets does not seem to be a legit and regulated broker. According to the website, the broker is located in the UK. However, we could not find any information about this broker’s regulation in the UK by its local Financial Conduct Authority.

Also, it turns out that the broker is actually being under the Estonian law, as the terms and conditions state. This statement also didn’t have any proofs. We assume the broker is just using the location to delude potential traders.

We would recommend to stay away from BDIMarkets and choose only from the reputable and well-regulated brokers. Check our list of the Regulated Brokers to find the one that fits your trading needs.

One response to “Is BDIMarkets legit?”

  1. I have paid R180000 to bdimarkets and they lost all the money. One trade was $12886 loss in one minute which was basically my whole investment in 1 minute and that was done a day before doing my first withdrawal of $1000.
    So they never kept any of their promises and had total lack of regard for my investment and will not even explain why they did this.
    I have so much more to say but suffice it to say they need to be stopped but i don’t know how to do that. I wish i could get my money back as well.

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