Buddy Finance Review
Beware, Buddy Finance is an unregulated broker. It is not safe for trading. Scams Online Team wants to warn traders about potential Buddy Finance scams. Read a complete Buddy Finance review to find out more about this broker.
Broker Website – www.buddyfinance.uk
Address – 3 Newburgh Street, Cabnaby, London, UNITED KINGDOM, W1F 7RF
Warned By – Financial Conduct Authority (United Kingdom) – Clone of FCA Authorised Firm
Domain Age –
| Domain Name | buddyfinance.uk |
|---|---|
| Date Registered | August 05, 2022 |
| Domain Age | 5 months, 10 days, 10 hours, 55 minutes, 48 seconds |
Through Buddy Finance Review we wish to alarm the traders about the possible issues related to this scam broker. Read the detailed Buddy Finance review below and keep your hard-earned money safe from these types of scam brokers.
Is Buddy Finance legit or a scam?
Buddy Finance is certainly not a safe broker since it doesn’t hold a license from any genuine authority. It is suspected as a scam broker since it was not checked for its consistency before establishment and was never observed concerning its security.
Scams Online Scam Detector for Buddy Finance broker
Scams Online analyzed the website of Buddy Finance, and we found many possible scam features present on their website. There is no concrete proof that Buddyfinance.uk is regulated by any reputed regulatory body like FCA UK, ASIC Australia, CySec, Finma, Consob Italy, or any other.
Another major red flag is the absence of important information on their website. The absence of critical information required to know the identity of the broker on the website is an indication that the broker does not want to show those to the traders and thus a sign of a potential scam.
All the 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.
Buddy Finance Review: Withdrawal issues
A number of traders have reported withdrawal issues when withdrawing funds from a Buddy Finance account. If you are already trading with Buddy Finance, you should immediately withdraw your funds by submitting a withdrawal request. Your funds can not be safe with scam brokers like Buddyfinance.uk. They might have asked you to sign some agreement that authorizes them to do anything they want to do.
Negative Buddy Finance Reviews
There are many negative Buddy Finance reviews on popular online review websites like Forex Peace Army, Scams Online, and others. Scams Online have made extensive research work on Buddy Finance reviews before concluding the fact that Buddy Finance is a scam broker. There are hundreds of dissatisfied customers who have reported Buddyfinance.uk scams in review websites like Trustpilot and others. These Buddyfinance.uk reviews are from real people although the positive ratings might have been added by Buddy Finance with the help of some fake reviews done through any automated network. Negative Buddy Finance reviews are big Red flags and traders should avoid trading with brokers having negative reviews.
How does Buddy Finance scam work?
Unregulated Scam brokers whether Forex scam broker, Crypto scam broker, or any other find it very easy to scam traders. There is no regulation from a controlling authority. 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. Buddy Finance exhibits these features as a sign of scams.
Buddy Finance Review: Final Thoughts
On compilation of all the facts provided above, it can easily be concluded that the Buddy Finance broker is a scam broker. Traders who have not invested in Buddyfinance.uk assets should be warned about the possible scams done by this broker thus asking them to keep their money safe. Instead, invest in some genuine and profitable assets from genuine brokers.
Scams Online has made fund recovery completely possible from scam brokers 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 the Buddy Finance broker scam, you can get your funds back by reporting us. To file a complaint against Buddyfinance.uk, fill your information in the given form and we will review your case and examine the different choices to give a fund recovery solution. Our experts will also 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 from scam brokers and frauds.
We hope this Buddy Finance review helped you. Also, check our list of scam brokers 2023 and keep your funds safe from scammers.
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