The financial fraud we’ll be unveiling in the following BBSlimited review has already shut its virtual doors. Although the reason for that is still not known, and it may never be revealed, there are several clues as to why that happened.

The most solid evidence of all about the BBSlimited broker being a total scam is the fact that more than a few regulatory bodies have warned the public about their illicit operations. Keep reading as we reveal all their unscrupulous methods for money theft.

Sham Exposed!

Out of the oil and gas companies, coffee shops and other businesses located at the address provided on the now inactive BBSlimited website, none belonged to the broker. Operating under no supervision, yet promoting and selling online financial services to Canadian investors, can’t go on for long. Jurisdictional regulators in Canada have started posting warnings on the account of the illicit Forex dealer in question.  

BCSC, CSA, IOSCO, AMF, OSC, and CONSOB have all published alerts against the danger that this company poses for Forex investors’ funds. Apparently, these regulatory actions have successfully sabotaged the swindlers and made them disappear. 

However, we’re aware that members of our audience that have invested here may be facing troubles with fund recovery because of that. If you are one such victim, please contact our support office and legal experts for help.

A Whole Year of Chicanery

As we analyze the site age and activity, we can conclude that it was established in January 2023 and that it’s main targets were traders from:

• United Kingdom
• Germany
• Canada

During the whole previous year the boiler room operators engaged by the BBSlimited scam were ruthless in their hunt for victims. They exploited the lack of experience of Forex newcomers to convince them to invest while promising high returns on investment and magnificent trading terms. 

One notable tactic often used nowadays is the promise of a super fast and reliable AI-based software, so be extremely careful what deals you accept and decide to invest in.

Bought Reviews Deceive Traders

Although we cannot see the average Trustpilot rating on the account of this fraudster due to the website being shut down, the situation is clear. The number of positive reviews is a clear proof of bought reviews used as a method to leave a positive impression on potential victims. Negative ones speak the truth and it is not in the least flattering for the broker. The same strategy was detected with another notorious con – Astro Invest.

Sitejabber and Reviews.io feedback is far worse, as it features only negative BBSlimited reviews. All of them include exhaustive explanations of how funds disappeared and how customer support ignored repeated tries customers made to establish communication. 

Unspecified Costs and Trading Terms

High leverage is something you should be wary of at all times, especially if you’re a beginner trader. Cons like Growup Capitals offer dangerously high exposure to make sure you lose your investments quicker. Although this site doesn’t reveal the exact ratio available, you can expect it to be high. 

Another crucial aspect of the trading ecosystem are certainly trading costs. None of these are revealed on the site or inside the platform. Spreads, commissions and hidden costs are a significant way to accumulate profit for fraudsters, so always be on the lookout.  

Not Anyone Can Access Tools and Features

Anything you wish to test or explore on this online trading portal either requires a payment or a BBSlimited login to be created first. Cons have effectively blocked all sign up attempts for everyone except their handpicked targets that own a promo code. That itself is a red flag, as major brokerage powerhouses provide quick and seamless registration for all.

Unknown Platform

Despite the website advertising a remarkable BBSlimited platform with AI-powered tools and mechanisms that allow automated trading, it’s simply not visible. 

Any of our attempts to test the platform were instantaneously denied. Due to not having the secret code, we couldn’t complete the account setup process. Therefore, we never got to test this extraordinary software that allegedly makes money for customers by itself and 24/7.

Huge Number of Assets – Fake or not?

It’s easy for fraudulent enterprises and anonymous trading platforms to simply list whatever trading assets they wish. After all, no one will sanction them for it when they’re not supervised. 

That’s why a variety of tradable products is mentioned on this site:

• Currencies CFDs – EUR/USD, USD/JPY, USD/GBP
• Stocks CFDs – Nike, Ferrari, Disney
• Indices CFDs – NSDQ, FTSE, DOW
• Crypto CFDs – BTC, ETH, XRP
• Commodities CFDs – Oil, Gold, Cotton

No Specialized Account Variants

A live trading account at the cost of $250 is all that is mentioned on the site that has now gone blank. Lazy financial cons were unable to design separate feature packages, yet greedy enough to urge customers to invest. 

Speaking of which, any deposits left on this site are destined to be stolen, so refrain from handing over your life-savings to shady service providers.

Sabotaged Payouts

After the cheating scoundrels vanished, a trail of victims was left hanging and unable to withdraw their funds. The broker never actually specified what funding methods were accepted and what conditions pertained to the BBSlimited withdrawal. 

Such lack of transparency is disturbing to say the least, as there’s always a risk of an imposed trading volume requirement and advanced fees. Please seek professional legal help if you wish to attempt to retrieve your stolen funds.

Several Non-Functioning Support Channels

Website visitors and registrants were convinced that a 24/5 support office was on their disposal for whatever issues they could face. Alleged methods to contact the client service listed are:

• WhatsApp
• Telegram
• Phone
• Email

Of course, none of these were ever even remotely reliable or operational, it was just a farce to make the clients feel safe before mercilessly robbed.

Contact Us For Help!

As attractive and lucrative the conditions presented by these cyber thieves used to sound, they were just red flags of fraud. Otherwise, they wouldn’t have gotten on so many blacklists by various regulators. 

If you’re struggling to make a withdrawal from an inactive site and need professional guidance with fund recovery, contact our legal experts and book your free consultation.

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