BB CORP Information
BB CORP, registered in 2020, is an unregulated company based in Lebanon. It provides BBcorps trading platform (desktop, mobile, web) with three types of accounts.
Pros and Cons
Is BB CORP Legit?
At present, BB CORP lacks valid regulation. Its domain was registered on May 29, 2020, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, and client Update Prohibited”. This information shows the risks related to the firm, thus we advise you to look for a regulated one.
What Can I Trade on BB CORP?
BB CORP claims to offer clients a wide range of financial brokerage and online trading services to the global financial markets. However, we cannot find any detailed information about its trading products.
Account Type
BB CORP offers three types of trading accounts: the Professional Account, Standard Account, and VIP Account. They also provide demo accounts, which are friendly to beginners.
Standard Account: offers spreads starting at 0.3 pips and leverage of 10 per thousand. The trading volume can vary from 0.1 to 10 lots. It is suitable for those who want to calculate their profit precisely.
Pro account: also offers a spread of 0.3 pips, but supports higher order sizes (0.1 to 50 lots) and has a lower leverage of 2 per thousand. This account is ideal for experienced traders with solid strategies and market understanding.
VIP Account: It has a spread of 0.3 pips and allows trading from 1 to 50 lots. The leverage offered is 2 per thousand, which makes it an excellent choice for those who prefer trading at the fastest speed.
Leverage
Standard accounts offer high leverage of up to 10 per thousand, while Pro and VIP accounts offer more conservative leverage of 2 per thousand. While leverage increases returns, it also expands risk.
Trading Platform
BB CORP offers BBcorps trading platform, available for desktop, mobile, and web. You can choose the device you are used to.
Customer Service
BB CORP offers 5/24 customer support. You can contact them through phone, email, social media, and address.
The Bottom Line
With the unregulated status, high deposit requirements, and limited info on products, BB CORP is not the best choice for trading, especially not good for beginners.
FAQs
Is BB CORP good for beginners?
No, because it's not only unregulated but also requires a high minimum deposit.
Is BB CORP good for day trading?
The fast execution speeds and lower leverage of the VIP Account can appeal to day traders.
Is it safe to trade with BB CORP?
No, because the company is unregulated.
