The BCInvesting scam will, at first, make you believe they can offer prestigious trading conditions and unmatched tools which will bring you confidence and, ultimately, high profits. That is, however, a carefully orchestrated, yet extremely common and cheap fraudulent trick. After all, gaining their victims’ trust is every con artist’s priority.
We highly suggest you read our BCInvesting review if you want to find a solution for recovery of lost deposits.
| Regulated by: | Unregulated Broker |
| Is This Company Safe? | No license |
| Known Websites: | bcinvesting.org |
| Have Warnings from: | N/A |
| Registered in: | N/A |
| Operating since: | 2023 |
| Trading Platforms: | Web trader |
| Maximum Leverage: | 1:200 |
| Minimum Deposit: | $5.000 |
| Deposit Bonus: | No |
| Trading Assets: | Indices, Currencies, Stocks, Commodities, Crypto |
| Free Demo Account: | No |
| How to Withdraw from This Company? | It is impossible to take your money out of this platform without legal support. Therefore, we recommend you to contact our legal experts in order to start a recovery procedure. |
First Red Flag are Legal Issues
Your first concern when conducting any business with an online company should be the legality of the entire operations. Since speculative finance is a heavily regulated line of work, any service provider must be properly licensed and supervised by the authorities.
The legal information should also be prominently and transparently displayed on their site, including a risk disclaimer. None of that is present with the BCInvesting broker, though.
The firm never gives any hint on where it should be operating from, nor is there any Terms and Conditions document. Some third party sources state that the broker is registered in the US, however the company does not appear in the NFA register.
So, is BCInvesting legit? We have confirmed that the company is not authorized by any Tier-1 regulatory body like FCA, BaFIN, FINMA or ASIC. Unregulated brokers like this one or Titan Wealth 24 are almost always con schemes, and we strongly discourage any investments with such entities.
How Forex Scams Work
Although the company claims to have “years of service”, the bcinvesting.org website did not exist before December 2023.
The majority of victims of the BCInvesting Forex scheme are residents of the following countries:
- Turkiye
- Italy
- Spain
- Brazil
Similarly to other online frauds like CoinEgg, this operation relies mostly on a scam call center to get new victims involved. Fraudsters will try to peddle various get rich quick ideas using a pretense of market expertise. Instead of conducting any trading, though, they simply steal the deposited money.
People Are Complaining
It was quite difficult to find any BCInvesting reviews that weren’t some sort of a paid advertisement. The clients that did speak out did so on the TrustPilot ratings platform.
While there aren’t many testimonials, they are universally bad, and openly calling this broker a scam. If you’ve invested with this illicit firm, contact our experts to start a recovery process.
Puzzling Costs
The BCInvesting trading fees and commissions are only mentioned to be 0.75% of the transaction (0.35% management fees + 0.40% administration fees).
It is left for the traders to guess what are the withdrawal fees, limits, spreads and other parameters which are otherwise considered crucial to know about a company. The leverage ratio is known to increase with the price needed for purchasing a particular package. In that sense, the exposure to different instruments varies from 1:1 to 1:200.
Appalling Choice of Trading Tools
Despite deceptive advertisements on the website, the promised MT4 trader is nowhere to be found. You can freely ask yourself why invest at least $5.000 for the most basic account type in that case. Not even the most simplistic and basic trading environment is provided for the clients!
Bogus Trader Doesn’t Compare to MT4
Even after combing through the entire site, we weren’t able to locate any download options for the MT4 which is marketed as the available software solution. As a matter of fact, the only trading terminal we found in the trading room was an oversimplified web trader.
This terminal refuses to accept any orders until a deposit is made. Furthermore, it offers no advanced or truly quality features that will help you sharpen your decision making skills and help you earn in the long run.
Boring Assets on a Boring Platform
Nothing besides several basic groups of most popular instruments is available for trading. Although, considering that the entire trading ecosystem is artificial and manipulated by the cons, you surely won’t be trading anything at all.
Here’s some examples of the available products:
- Forex – EUR/USD, USD/GBP, EUR/GBP
- Crypto – BTC, ETH, LTC
- Stocks – Facebook, Tesla, Amazon
- Indices – Dow Jones, Nasdaq, DAX
- Commodities – Sugar, Cotton, Coffee
Ruthless Cash Grab
Most common, generic account names with the most expensive variations are among the most nonsensical ones we’ve ever seen.
These abysmal prices absolutely don’t match the offer, as packages contain nothing of value. Therefore, we implore you to think twice and use reason when being asked to pay these astronomical costs:
- Basic – $5.000
- Bronze – $25.000
- Silver – $50.000
- Gold – $75.000
- Platinum – $100.000
- VIP – $125.000
- Savings Account – $150.000
Zero Financial Transparency
The only way clients may have their investments or payouts reflected on the platform is through direct involvement of their “account manager”.
Needless to say, these managers are ruthless cybercriminals whose only interest is to steal as much as possible. Without any actual Terms and Conditions, they can invent any excuse they need to block a BCInvesting withdrawal.
By the looks of things, the only available financial channel remains a credit card. This means that there is a good possibility your funds may be recovered, so contact our professional team for more info.
Error When Submitting a Form
One of the reasons why these cyber criminals claim their platform should be your first choice is their quick and helpful support crew. We easily debunked these lucid claims as soon as we tried to establish contact with the help desk.
The phone number given on the site is not in function and no one replies to the emails. When attempting to submit a query via the online form, an error message keeps popping up.
Invested in a Scam? Contact Our Team!
The overall trading conditions are below any current average, and it’s evident that the company never intended to allow any withdrawals.
Investing with unlicensed companies like this one is extremely dangerous. You risk losing more than your invested capital! Contact our recovery experts today, and start a chargeback procedure as soon as possible!
FAQ Section
What is BCInvesting?
It is an online trading fraud that takes the appearance of a forex brokerage.
Is BCInvesting Legit?
No, the company is completely fake. It is neither registered nor regulated in any country, and operates without a license.
How to Get Money Back From an Unregulated Broker?
Contact our recovery team! We are available 24/7 via the live chat on our website.
Source:
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