Read a complete BgcpartnersFX Review to know about this broker.
Broker Website – https://bgcpartnerfx.com/
Address – United Kingdom
Warned By – Financial Conduct Authority (United Kingdom)
Scams are everywhere. Even in 2022, unpleasant scam brokers keep targeting traders and investors. To save you time, we’ve compiled a list of scam brokers 2022, so you can easily identify brokers to avoid.
Scams Online’s aim is to protect online traders from scam brokers. Through BgcpartnersFX Review we wish to alarm the traders about the possible issues related to this scam broker. Read the detailed BgcpartnersFX Review below and keep your hard-earned money safe from scam brokers.
Scams Online Scam Detector for BgcpartnersFX broker
We analyzed the website of BgcpartnersFX, and we found many possible scam features available on their website. There is no concrete proof that BgcpartnersFX is regulated by any reputed regulatory body like FCA UK, ASIC Australia, CySec, Finma, Consob Italy, or others. Also, this broker is blacklisted by the Financial Conduct Authority (United Kingdom) for offering financial services without holding any license.
Other major red flag is the absence of important information on the website of the broker. The absence of critical information on the website is an indication that the broker does not want to show those to the traders and thus sign of a potential scam. Attractive offers on the website are misleading, and they are meant only to commit scams by victimizing innocent traders who are entrapped by false promises.
How BgcpartnersFX scam is done?
Unregulated Scam brokers whether Forex, Crypto, or another find it very easy to scam traders. Free Bonus offers, minimum initial deposit, and attractive returns which are far away from the normal are their tools. For example, you will be offered more than 100% profits in a month or something too good to be true. The team members will try everything to get an attractive deposit from innocent traders, and once the deposit is made, they can run away with it.
BgcpartnersFX Review: Withdrawal issues
If you are already trading with BgcpartnersFX, you should immediately withdraw your funds by submitting a withdrawal request. Your funds can not be safe with scam brokers like Bgcpartnerfx.com. They might have asked you to sign some agreement which authorizes them to do anything they want to do.
Negative BgcpartnersFX Reviews
BgcpartnersFX broker has a number of online reviews on popular online review websites like Forex Peace Army, Scams Online, and others. Scams Online have made extensive research work on BgcpartnersFX reviews before concluding the fact that Bgcpartnerfx.com is a scam broker. There are hundreds of dissatisfied customers who have reported scams in review websites like Trustpilot and others. These online reviews are from real people although the positive ratings might have been added by BgcpartnersFX with the help of some fake reviews done through some automation. Negative reviews are big Red flags and traders should avoid trading with brokers having negative reviews.
Is BgcpartnersFX Legit? Final Thoughts
Based on the facts provided above, it can easily be concluded that the BgcpartnersFX broker is a scam broker. Traders who have not invested in Bgcpartnerfx.com assets should be warned about the possible scams done by this broker. Instead, invest in some genuine and profitable assets from genuine brokers.
Scams Online have made fund recovery from scams possible through a legal process that has helped victims of scam brokers in getting back millions of dollars from scams. They have fund recovery experts who are legal lawyers and experts and who have already won hundreds of scam recovery cases.
If you are a victim of an BgcpartnersFX broker scam, you can get your funds back. All you need to do is file a complaint against the broker here through our online complaint form. Our experts will contact you and provide a free consultation. We want to make you believe that fund recovery from scammers is possible and can be done in the most genuine way. We have more than 10 years of expertise in fund recovery.
Read our other expert reviews about scam brokers and keep your funds safe from scammers.
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