BMA

What a Tier 3 (offshore) regulator means

Offshore or light-touch licence: limited capital requirements, no meaningful compensation, retail protections not mandated. We use this tier in the regulation part of every Editor Rating. How regulator tiers work.

Where a BMA licence counts on Coinish

No live Coinish country treats it as the local regulator, so its licensees appear only where that country’s rules allow a foreign licence.

How to check a BMA licence

1. Open the BMA public register and search for the company name or licence number shown in the broker’s website footer.
2. Check the legal name matches the company named in your account agreement: brokers often run several companies under one brand.
3. Check the licence is current and covers the service you want (for example dealing in CFDs or holding client money).