BeCFD Review Scam or Legit Broker

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Contents

BeCFD Broker Review

BeCFD is closed.

Check out our list of the best regulated brokers that investors can trust.

BeCFD was an unlicensed forex and CFD broker that offered CFD trading in a variety of assets such as forex, cryptocurrencies, commodities, stocks and indices.

The broker closed because it was a scam. If you want to find out why BeCFD closed, read the rest this review. One thing is clear: all the signs were there.

Conclusion:

We make it our mission to not recommend anything but the best � which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

BeCFD Special features

First of all, BeCFD has no account types on their website.

All brokers should provide a clear selection of accounts types, with exact trading conditions and features. Vague descriptions and even worse, no mention of any account types at all is a sign that something is not right with the company.

BeCFD does not even mention the minimum deposit required to begin trading. This is crucial information for all traders to know and lack of such basic information is another sign that this could be a scam.

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Between 74-89 % of retail investor accounts lose money when trading CFDs

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BeCFD Trading software

BeCFD offers a simple, web-based trading platform known as Tradersoft, the infamous MetaTrader4 (MT4) platform and mobile trading.

Tradersoft is usually preferred by more beginners, due to its very simple and user-friendly interface. Many investors also prefer trading with a web-based platform, because it requires no downloads or installations onto their device.

The MT4 platform, on the other hand is one of the most popular forex and CFD trading platforms worldwide. MT4 is used mostly by professional traders, but is often adopted by beginners as well. The platform needs to be downloaded onto a PC, laptop, tablet or mobile device.

Finally, in regards to mobile trading, the third option offered by BeCFD, is increasingly becoming a trader�s favorite. Trading on your mobile means trading on-the-go, wherever you happen to be. It allows you to open a quick trade while on a break from work, or check your open positions while waiting at the bus stop.

All the above options are available with most brokers.

As for trading conditions, BeCFD offers a maximum leverage of 200:1 and a spread of 3 pips. No matter which platform you choose, you will be able to trade a variety of assets including CFDs in forex, cryptocurrencies, stocks, commodities and indices.

If you want to trade with an award-winning licensed broker, we recommended using IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

BeCFD Support information

BeCFD could be reached via email and phone. The broker provided 2 different numbers, one UK number and one German one.

You will not be able to reach BeCFD now because the broker has closed and no longer has operational numbers.

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Between 74-89 % of retail investor accounts lose money when trading CFDs

BeCFD Payment Methods

BeCFD was owned and operated by an offshore company in the Marshall Islands.

Warning: Offshore, unlicensed brokers are often untrustworthy companies.

Think about it: They are located in the middle of nowhere with no one over their shoulder checking up that everything runs smoothly. Would you trust such a company?

BeCFD is closed, so the broker does not accept any payment methods at this time.

Conclusion: BeCFD is a Scam

BeCFD was a scam company that closed due to the reasons outlined above. Their website is no longer operational and unfortunately, any traders that invested their money have lost it all.

Instead of wasting your time with more companies that will scam you, check out our list of the best licensed brokers and trade safely!

Conclusion:

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Between 74-89 % of retail investor accounts lose money when trading CFDs

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BECFD Review – is it scam or safe?

Trading Accounts & Conditions

Account type Minimum trade size Max leverage Average spread
Standard Undisclosed 0.01 1:200 3.0 pips

We could not get information about different account types on BECFD�s website, so we will assume that it offers a single account type. This account is commission-free, with leverage up to 1:200, and fixed spreads.

BECFD�s website, which is not very informative regarding the broker�s trading conditions, is available in English, German, Italian and Russian.

The Company. Security of Funds

BECFD claims to be a pure STP broker, but it most likely is not, considering that it offers fixed spreads. Otherwise, judging by the information on its website, BECFD seems to offer wide range of financial instruments for trade, including many forex pairs, and CFDs on indices, commodities and stocks.

The brand is operated by a company registered in the Marshall Islands, an offshore zone when brokers are in fact not regulated, nor supervised.

We keep reiterating that doing business with offshore brokers is not recommended, as clients have no protection, if something goes wrong. Such brokers can manipulate trading platforms and do whatever they like with your money actually, and there is not much you can do about it. Many of these companies are pure scams, and BECFD may be one of them. It does not offer demo accounts and much of the relevant information about its trading conditions is missing, which raises a red flag.

You�d better select among brokers licensed by FCA in the UK, or CySEC in Cyprus for example.

Trading conditions

Minimum initial deposit

BECFD has not specified what is the minimum investment it requires by investors. Most brokers demand $100-$250, and some, like easyMarkets, even less. You can open an account with the letter by depositing just 5 bucks.

Spreads and Commission

According to the live price feeds on the broker�s website, the spread on EUR/USD is fixed at 3 pips, which is a very high value.

By comparison, most fixed-spread brokers offer spreads of 2 pips for this pair, and some, like CySEC-regulated easyMarkets, even lower.

Accepted currencies: USD, EUR, GBP, TRY, DKK, SEK, and NOK.

BECFD offers leverage up to 1:200, which is an average ratio. If you are willing to take the risk to use higher leverage levels, a number of brokers offer leverage of 1:500 or even higher. However, make sure you are aware of the dangers margin trading involves � high leverage may multiply both your profits and your losses.

Trading Platform

Like most forex brokers, BECFD offers MetaTrader4 (MT4), however we could not download and test it, although we opted for a demo account.

Although it was launched more than 10 years ago, it seems that MT4 is still the traders� favorite platform. This is probably due to its ease of use, top-notch charting and wide range of indicators, Expert Advisors (EAs) and the option to create such of your own.

Besides, MT4 offers many risk management tools including stop loss, take profit and order entry, as well as embedded tick charts, alerts and signals. It also allows you to easily manage multiple open positions and switch instantly between assets and markets.

Methods of Payment

BECFD offers its clients the following payments methods: bank wire transfer, credit/debit cards, e-Wallet Skrill, Neteller, Web Money, Qiwi, AstroPay, and Yandex. PaySafeCard is also available.

Conclusion

BECFD is a forex broker supporting the MT4 platform whose website is not very informative. In our view the main concern with this broker is the fact that it is registered offshore and that it might be a scam, as relevant trading information is not available on its website and also it does not offer demo accounts. Besides, its spreads are too wide. Here are, in a nutshell, the pros and cons with regards to this broker:

No demo accounts

Relevant trading information missing on website

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212�s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it�s EU-regulated and there�s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it�s regulated in the UK, offers Metatrader 4 (MT4) and cTrader � where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
UK FCA Web €29 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for BECFD

Spread

Slippage

Requotes

Price feed

Platform

Deposit/Withdraw

Customer service

Summary

The latest news about BeCFD

According to my latest information BeCFD will close down their business by the end of February 2020. If you have claims against that company hurry up. The successor is waiting already a brand new company with a brand new website. The name of this company is GO CAPITAL EX. Of course this is also an offshore company registered in Dominica, a country where trader can make laws with money. It is a very safe place for traders because this country does not reveal the ownership of businesses registerd over there. At least people like Nick Young and Jane Morgan will not be on the dole after losing their job with BeCFD. They just have to change their names to suit the new GO CAPITAL EX company. Nick Young will be named Tom Harris and Jane Morgan will have to change her previous fake name to the new fake name of Sheila Jones.Everything remains easy.GO CAPITAL EX means say good bye to your capital when you invest with this company based in Dominica and declared illegal in the USA and Israel.

Please do not support the Mafia of Montenegro

Last year a friendly man called my wife and introduced himself as Nick Young. He said trading with BeCFD is the best because this company has the most qualified experts when it comes to bitcoin trading. My wife invested €1000k immediately. After 2 wekks Nick Young said now you make plenty money when you invest another €3000. When the investment was €4000k Nick Young said now I put you on to Jane Morgan the best accountant manager working with our group. Jane said €4000k is peanuts. Just invest another €5000k and I will make €100.000k out of it in 6 months. My wife is extremely gullible she considered Jane a little money god.When she asked Jane to pay her out after 6 months Jane answered tomorrow you will get your money. When the money was not pay out my wife asked the helpline of BeCFD to pay her out. The helpline answered your money was paid out and your account is closed. However, you can open a new account just invest €2000k. This BeCFD company is the Mafia in action you will never ever get any money back from these outcast liars.They are scam people altogether.

BeCFD a criminal organization from Montenegro

This company is the typical fake trader. All their agents are trained to lie to their customers about profits which will never be paid out. Even though their office is in London, the owner of the business is Branco Oric from Montenegro. His company is BO Trader Podgorica. When ever a withdrawal is made by the company it is a guarantee you will never ever get any money back from these Mafia bandits.

Warning – BeCFD is a scam. Sven Nowak Brooker and BeCFD will steal your money

Sven Nowak Brooker, my Account Manager at becfd, just called me to let me know that the whole of my deposit – some Euro 67,000 – has been “lost”.

He says he is sorry.

I say that he is a scammer and a swindler and a liar and a thief. I am posting here so that others will not be tricked in the way that I was.

BECFD turns out to be a SCAM COMPANY. It is FRAUD. It is unregulated and exists to take your money away from you.

If you are thinking of depositing money with becfd, think again. Do you want your money to disappear forever? If so, withdraw it from the bank and put it in the bin. Do not deposit money with becfd.

If you have already deposited money, then don’t deposit any more, no matter what story they tell you. None of the money will come back. Instead, becfd will hlep you to loose everything that you deposit.

Sven Nowak Brooker promised me that if I deposit another 10,000, I would get all my money back and more within two weeks. He helped me open several trades. The first trade doubled my money, from 4,500 to 9000. After that, all of the trades that he recommended lost money. Now there is nothing left.

DO NOT TRUST THESE PEOPLE.

It is the same for any unlicenced company that is offering to help you trade CFDs. They will help you lose all your money.

Join Me To Get Our Money Back

I have decided to take action against these thieves and I would like you to join me in getting our money back. I have bought the following websites: http://becfd.co/ http://becfd.org http://becfd.info

On the website is a video I have produced showing exactly what kind of “business” they are running by showing my story. I will soon be paying for SEO to make sure this website rises to the top of the search engine anytime someone searches the term “BECFD” or “Forex Trading Central” and of course because the name of the sites I have bought are almost identical to their real site many people will find it instead of their real site.

I want to scare them into paying back OUR money before I am willing to take down the site. In the mean time you can help by sharing this website with as many people as you can, post it everywhere – or just the Youtube video. Also, if you send me your story I will create a post on the website with your name (and BECFD account number if you want). I am creating a section on the website for people’s true experiences with them, so email me your story (300 words or more) and I’ll post it on the site. Please also email BECFD the link to this website to let them know you are aware of it, are part of it and are posting it everywhere.

Email me with the Subject line: BECFD True Story.

BeCFD is a criminal organisation

Peter your Report from 20. July reveals once agian this Company is a criminal Organisation. Behind this Company is the secret Trader BO Trader Podgorica in Montenegro. Please make a Report to actionfraudpolice.uk Many People made Report already, but the more People Report the criminal Activities of this Company the better it is. Jane Morgan is more than a perfect liar. She is a member of the Montenegro Mafia clan and her real Name is not Jane Morgan. She told me I would have been a fool to tell you my real Name. I made a criminal Report against BeCFD in January and I hope more People will do the same to bring These criminals behind Iran bars. Please make also a Report to Skype that Jane Morgan is using this platform for criminal activities as a fake Trader.

Scam – Liars

I have also bad experience with BeCFD. My account manager was Jane Morgan. Perfect liar.
I have traded with her several month, i was not enought careful, but she usually give me good products to trade, so I cuold trust her, she give me credit t omy seposits.
First when I try to withdraw she said, her clients do withdraw in the monthend, so i have to wait (I would had to wake up at that piont).
After two weeks I opened bad positions and I have to save my account i deposited more, given more credit by her and continue trading.
She alwas said “I am with you”, don’t be afraid it is safe trading (haha).
She gave credit to the clients, and say several times open bigger volumes.
When I tried also withdaw, she said there is a contract, and I did not traded enought, I can’t make withdraw. I have to trade or make more deposit (!).
I have made withdaw request several times but always rejected.
What can I do? I lose more that 10k EUR :-(

Did anybody go to authorothies, police? is there an investigation in progress?

I cant imagine how can they do this withoiut castigation.

SCAM – Make no deposit to them – LIARS

unable to withdraw

I have 320 euros in my BECFD account and although I have applied for withdrawals many times, they get cancelled without any reason being given Their phone number when rung does not get any answer except ring back later message and the email page for correspondence does not result in a reply.

Beware of scamtraders

BeCFD is a criminal Organisation. I invested € 10 000 in order to trade with bitcoins. After 2 months my account was having € 40 000. I asked my account Manager Jane Morgan to pay me out € 20 000. Jane Morgan said no Problem you will get the Money within 3-5 days. After 5 days when I did not receive the Money I asked Jane MOrgan what happened. She said the Money was paid out. After another 10 days I asked her again where the Money is and she said what Money. You do not have an account with us anymore. This means they just stole all the Money. My friend from Switzerland said this Company is owned by the Mafia of Montenegro.

Truffatori Francesco Quinto

Questo societ� è una delle più grandi bastardi truffatori. Francesco Quinto è la persona più pericolosa che mi ha rovinato la vita. Mi ha fatto investire 26.000€ e dopo pochissimi giorni ha fatto azzerare il conto. Sono dei grandissimi figli di putana.Attenti.

Translated by Google:

This company is one of the biggest crooks bastards. Francesco Quinto is the most dangerous person who ruined my life. He made me invest € 26,000 and after a few days he had the bill cleared. They are very great sons of a putana. Beware.

Broker BECFD scammers

Hello . Broker BECFD scammers. This is LOHOTRON .
The script is usual for weaning money. Call. They offer excellent earnings, you need to put $ 3000 into your account, there will be a personal broker. They helped put the program and open an account. Every day the broker Jonathan called and said what to do. All the time the teams were on skype and animesk control. There are no options to take this money. After you replenish the balance, the broker will offer his services in trust trading (he will trade for you). He trades badly. Comments on the Internet in Russian about it yet, in English the company is positioned as a company with a high likelihood of fraud The broker’s website https://www.becfd.com/
Vasyl

Здравствуйте . Брокер BECFD мошенники. Это ЛОХОТ� ОН.
Сценарий обычный по отъему денег. Звонят. Предлагают отличный заработок, надо 3000 долларов ввести на счёт, будет личный брокер . Помогли поставить программу и открыть счет. Каждый день звонил брокер Джонатан и говорил что делать. Все время команды были по скайпу и анидеск управление. Вариантов забрать эти деньги нет. После того как Вы пополните баланс, брокер предложит свои услуги по доверительнго торговли (он будет торговать за Вас). Торгует плохо . Отзывов в интернете на русском языке о ней еще нет, на английском компания позиционируется как компания с высокой вероятностью мошенничества Сайт брокера https://www.becfd.com/
Василий.

BeCFD burns your money easily

BeCFD is a fake Trader. Even though they have an Office in London a lot of trades are carried out via BO Trader Podgorica in Montenegro. This Company is extremely secretive and has no Website of their own. Monies collected by BO Trader are not necesarily for trading, but rather to pay commissions for their agents and account Managers. The General policy of this Company seems to be to attract customers with high profits being shown on Charts, but These profits disappear immediately when a customer requests a payout of his/her profits.

I cant get in touch with BeCFD any more

I try to withdraw many times but its not possible.
They always call me but now i cant get in touch with them any more

sono dei truffatori

tutti carini fino al deposito. dopodiché non si fanno più sentire e al momento del ritiro non ti danno l’ok. non vi fidate scappate quando vedete questa sigla
becfd

Translated by Google:

all cute up to the deposit. after that they are not heard anymore and at the time of the withdrawal they do not give you the ok. do not trust yourself when you see this symbol
becfd

Beware, do not touch them

Scammers of note. Once you deposit money after many, many promises they lose interest and your money is gone.They are real opportunists and criminals of note.Save yourself endless misery and stay away.Don’t believe their sweet talk and success stories. Scum of the earth.

BECFD – Thieves they are

These guys are thieves, they have held my money and every week, they cut an amount from it. They intend doing this till my money finishes because I requested a withdrawal, they approved but never paid.

Thus I have resorted to addressing their mothers instead. I am with the opinion that bastards begot bastards. If your mother is/was a dirty bitch who is free to share her body with even lower animals, then it is very likely to give birth to things like those idiots in BECFD.

This is the review for this week, I will continue my daily contact with them through emails till they return whatever is left from my deposit. Bastards!

BeCFD are scammers be careful

BeCFD are scammer you never will get your money even you win the double of your credit ( you never wont)

BeCFD a 100% scamtrader

This Company is hiding in Montenegro. They have an Office in London, but the owners are Bosnian Mafia Traders. One of them calls himself Nick Young and said he is from Danmark. He tries to persuade customers. Once he succeeds he puts them on to Jane Morgan who is a perfect lier. She invented the Delta Zero Trading System which means the customer gets Zero pay out from this Company, even though she is saying this means Zero risk. She is just a perfect lier and fraudster.

BECFD – scam 100%

BECFD contacted me by phone and they offered to “educate” me on how to trade. A broker sent me messages by skype saying he was willing to teach me how to trade. I opened an account, I tried to learn something there, there is a section “ebooks” and “videos”, but the links are broken, so there is nothing to help you learn what to do there. As soon as I deposited $500, the broker, David Bright or whatever name he has, vanished. He didn’t reply to my message when I asked him what was the next step. So, I decided to withdraw my money. They cancelled my request, motivating that I needed to have a verbal agreement with the account manager. Of course, I wrote them an email, I told them that talking to an account manager doesn’t make sense to me since the only thing I need is to get the amount I deposited there back.
I am not going to stop here.
First, I will get my bank request a chargeback.
This is my story so far.

They are Scam!

I deposited my money with them since last year but withdrawing it has become a big problem. I had to get a law firm involved before getting 80% of the money. I requested for the remaining 20% and to close my account. I have had more than five contact from different BECFD employees/criminals.

The next time I write them, I think they will change their website because I will use unprintable words. All decent people should please excuse me for that, just an apology in advance!

Pushy Sales

Pushy Brokers
Ernest Seadon
Today, 10:58 a.m.
You
I smell a scam when the brokers are so pushy that they do not say no and insist on using Any-desk to gain access to your computer Late at night (Near Midnight) and then proceeded to transfer money from different accounts When they realized that there was not enough in the account for US$ 250.00 then set up an overdraft of NZ$ 400.00 then took the lot (US$ 600.00.) Leaving me over the weekend and part of the next week with no money for food or pay the bills. Then they tried the following week to increase my overdraft. I am elderly and very venerable, plus not very well. (Luckily the bank put up a red flag and returned my money.) Beware of this firm and others like it

I lost my Money

I invested in BECFD 6 months back. Broker told me he will trade and do everything i do not need to worry , He said he will put on long trading. Now i cannot contact them, they are cheater. PlEASE DO NOT PUT MONEY WITH THIS COMPANY.

BECFD scam fraud

BECFD seem a fraud

Scam – I lost 100% of my investment here

Dont put money in this company. these people are criminals

Becdf pure oplichting

De methode die hun bewerk stellige is niet goed ze zetten je voor het blok om meer geld te storten. Want ze gaan naar jou bankrekening en ze vullen in met het gezegde dat je meer profits krijgt en vervolgens krijg je niks terug. Dus dan ben je geld gewoon kwijt en dat gaat niet om 250 euro maar om het heel wat meer geld. Ik heb er nu de grootste problemen mee

Translated by Google:

The method that they are working on is not good, they will put you in the business to make more money. Because they go to your bank account and they fill in with the saying that you get more profits and then you get nothing back. So then your money is simply lost and that is not about 250 euros but about a lot more money. I now have the biggest problems with it

Realy scam

How can such activities be allowed? They ask and ask for more money to invest. They themselves open positions through Any Desk.com, and the acount is consumed or threatened, and then they ask for money. As I managed to raise the balance by over 45,000 euros, I would like to ask them to pay them back because they gave me credit so that they would not burn the acount because they made a bad position and ended up burning. I do not get any money where I invest 4500 euro. They require 2000 euros to be unblocked and get paid for a portion of the money. I do not believe it. How do I get my money?

Scam – I lost 30% of my investment here

Do not send them any money! I lost 30% of my investment here, these people are criminals and will take your money. BE WARNED.

BECFD seem a fraud

I deposited 1000 euros with BECFD in December 2020 and was on the verge to deposit another 4000 euros in February when a colleague advised me to put them to test. I did by requesting a withdrawal of part of my money on the 23rd January 2020. Since then, I have had five withdrawals rejected, spoken to more than five different workers there, Sarah, Holly, Mohamed etc. I guess they all go by pen names. I have resolved to pursue them in any form because I must get my money back or they go out of business completely. Please be careful in doing business with them.

Scamers

Dont put money in this company.

Thay dont let you withdraw your money i waiting already 2 weeks and there written that in 2 -5 days you can withdraw, when you have 4 day broker calling you and if you dont want trade with him he canceling your withdrew with no reason. dont put money cheaters scammers.

Scam BECFD

They pester you like lice and when they get your money they finish off with you .You cannot contact them because they block all their lines you cannot get your money back. It is a scam.
They are in Montenegro but route their phone through Switzerland. They tell you they are British with English name but with East European accent. AVOID THEM

BeCFD experience

BeCFD Do not go anywhere near this mob. They are confidence tricksters and they will rob you. I have had a bad experience with them and can vouch for their dishonesty.

BECFD: Refund has not been issued

I had opened an account with becfd few months back. Before I had opened the account with them they had promised me all support and training. I opened an account with £500 As soon the account was opened I was shown that if I can add more money I could make fortune with bitcoin. As i had no money I requested them to trade oil and currencies. One trade was made and they showed me a profit of £36. I was not introduced to the platform I could not trade on my own the broker refused to help me unless I put in more money. I asked the co. that if they could not help me they should refund my deposit but despite my repeated requests refund has not been issued.I need advice, please.

BECFD take all your money and then they disappear

I invested and my broker told me again and again how much money I made and that I should invest higher. When i asked him to close my account and pay whatever money there is now, he never spoke to me again. I tried to contact the helpline, him by mail, someone by phone – nobody ever reacted anymore. Now they did something so my balance is zero. I invested, the market rose – but still all my money is gone and nobody reacts anymore. This is extremely scam.

BECFD Scam: money cannot be withdrawn

I deposited amount of 1500 usd to becfd and let the account manager trade for me using any desk.com because I don’t know How to trade, I don’t have any background in trading. After that it’s difficult for me to contact him, and when he contacted me only when he wants to ask me for additional deposit again for some reasons, and the ending part no profit and almost if my investment was gone and only 200usd was left and I contacted becfd to withdraw the remaining money it cannot be contacted. Account manager only wants the depositors that there money to get wasted and money cannot be withdrawn.. scammer.

I initially paid € 600

Ich zahlte zunächst € 600 ein, wurde gebeten, weiteres Geld einzuzahlen.Zahlte weitere 3000, dann nochmals 3000, wonach das Geld verspielt war. Damit ich zur Rettung eine Chance hätte, mußte ich nochmals 3000 einzahlen. Jetzt warte ich auf neue Zahlen, habe mitgeteilt, wenn kein Erfolg, Konto aufzulösen.
Das Ganze ist sehr undurchsichtig und riskant. Man könnte Zweifel haben, ob es sich hier nicht um Betrug handelt.

Translated by Google:

I initially paid € 600, was asked to deposit more money. Paid another 3000, then again 3000, after which the money was lost. In order for me to have a chance to rescue, I had to deposit 3000 again. Now I’m waiting for new numbers, I have communicated, if no success, to dissolve account.
The whole thing is very opaque and risky. One could have doubts whether this is not fraud.

BeCFD Review

BeCFD was an unlicensed CFD & Forex broker which opened in August 2020. It seems that their website is no longer operational.

BeCFD is owned by BeCFD Limited, located at: Trust Company Complex, Ajeltake Island, Majuro, Marshall Islands MH96960. Their phone number in United Kingdom is: +44 203 807 2033, and Germany: +49 69 204 579 237. Customer support email address is [email protected]

Withdrawal problems and investors complaints should read this.

WARNING: Don�t fall for a get rich quick, robot trading software scam, learn why.

If you want a professional trading robot, look at these.

BeCFD Broker Review

BeCFD give investors the trading platform for CFD and Forex trading called TraderSoft. Available for trading are hundreds of underlying assets from Crypto, Forex, Stocks, Commodities and Market Indices. Standard leverage on Forex pairs like EUR/USD is 200:1, and the spread is 3 pips.

You have a choice of using either the web based desktop trading platform, downloading the MetaTrader4 software, or you get the newly released mobile trading apps for Android or iOS.

Minimum deposit for a new trading account is $250, and the brokers website is localized into German, Italian and Russian languages.

BECFD Forex Brokers Trading Platform

BeCFD License & Regulation

Australia Warning.

�ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence and is regulated by ASIC.�

What we look for when we review CFD or Forex brokers to determine if they are a legit broker or a scam broker is very simple. Are the licensed and regulated by a competent government regulator like ASIC in Australia or FCA in the United Kingdom. Trading with a licensed broker ensures you will not have issues withdrawing your investment, read more.

BeCFD is not a licensed broker.

When choosing a new Forex broker, it is very important to verify that they are in fact licensed for investors from your country of residence.

Compare Forex Brokers

The best forex broker is a very general statement, because each investor has their own needs and requirements from their broker. However, a smart investor will always have their main broker, and another broker as a backup. You can see our list of most popular brokers.

ForTrade is a very popular Forex broker, regulated both in Australia and England by the FCA and ASIC, see here.

Register your Free Trading Account at: ForTrade.com.

What was your experience like investing with BeCFD? Please leave your review in the comments below.

Best Binary Options Brokers 2020:
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