BeGlobalFund Review

BeGlobalFund

Investors Alert BeGlobalFund – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Introduction to BeGlobalFund:

BeGlobalFund is a website that claims to be a leading online trading platform that provides access to over 200 financial instruments, including forex, stocks, commodities, indices, and cryptocurrencies. The company says it offers advanced trading tools, educational resources, market analysis, and professional customer support. BeGlobalFund also claims to have a global presence, with offices in London, Hong Kong, Singapore, and Dubai.

Products and Services offered by BeGlobalFund:

BeGlobalFund offers four types of trading accounts: Basic, Silver, Gold, and Platinum. Each account has different features, such as minimum deposit, leverage, spreads, commissions, swap discounts, and bonuses. The company also provides a demo account for practice trading. BeGlobalFund claims to use the MetaTrader 4 platform, which is a popular and reliable trading software. The company also says it offers various payment methods, such as credit cards, wire transfers, e-wallets, and cryptocurrencies.

Financial institution & regulatory license of BeGlobalFund:

BeGlobalFund claims to be operated by Be Global Limited, a company registered in St. Vincent and the Grenadines. However, the company does not provide any proof of its registration or license number on its website. Moreover, the Alberta Securities Commission (ASC) has issued a warning that BeGlobalFund is not registered to trade in or advise on securities or derivatives in Alberta. The ASC also advises investors to exercise caution when dealing with companies that are not registered or report their activities to securities regulators.

Trader’s Reviews and Customer Service of BeGlobalFund:

BeGlobalFund has very few reviews online, and most of them are negative. Many traders have complained that the company is a scam that does not allow them to withdraw their money or profits. They also report that the company’s customer service is unresponsive or rude. Some traders have even claimed that the company’s representatives have pressured them to deposit more money or threatened them with legal action if they try to leave the platform.

How do online trading scams operate:

Online trading scams are schemes that lure investors with promises of high returns and low risks in various financial markets. However, these scams often use fake or unregulated platforms, manipulate prices and charts, charge hidden fees and commissions, and prevent withdrawals or close accounts without notice. Online trading scams also use aggressive marketing tactics, such as cold calls, emails, social media ads, or fake testimonials. They may also use phishing techniques to steal personal or financial information from investors.

How to Safeguard Against Fraudulent Brokers:

To protect yourself from online trading scams, you should always do your research before investing with any broker or platform. You should check the registration and reporting status of the company with your local securities regulator or other reputable sources. You should also read the terms and conditions carefully and understand the risks involved in trading. You should avoid brokers that offer unrealistic returns or bonuses or that ask for upfront fees or deposits. You should also be wary of brokers that pressure you to invest more money or that do not provide clear and honest communication.

Conclusion:

BeGlobalFund is a company that claims to offer online trading services in various financial markets. However, the company is not registered or regulated by any authority and has been warned by the ASC as a potential scam. BeGlobalFund has also received many negative reviews from traders who have lost money or faced difficulties with the platform. Therefore, we advise you to stay away from BeGlobalFund and other similar online trading scams. Instead, you should look for reputable and regulated brokers that can provide you with a safe and secure trading environment.

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