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Sagot

While BPI Financial claims to be regulated by the SFC, its uncertain regulatory status creates a degree of risk. Many other brokers provide verifiable and updated regulatory information, which is essential for traders seeking a reliable platform. The use of segregated accounts is a positive feature, but without clear proof of its regulatory standing, it’s hard to compare BPI Financial’s safety to other regulated brokers that offer transparency and legal protection for clients’ funds. As a trader, you should consider whether the risk of uncertain regulation outweighs the benefits of its services.