Tens of thousands of traders have already appreciated the advantages of the innovative platform and received a high profit. This is how the BCDFunding broker declares itself, offering profitable and completely safe trading in a wide variety of assets. Is this really so, we understand in this review.
Learn how to withdraw money
BCDFunding. General information
Broker's main website:
Let's start with the face of BCDFunding - its website. It is blue and white and quite ordinary. This is a standard “deshman” template that can be downloaded for free or ordered for 3 rubles for a beginner coder.
The top menu includes the following sections:
- market overview;
- terms of trade;
- about company;
- selection of the page display language.
Nearby is the login/registration button and the logo.
In the "header" of the main page there is a standard slider with a spinning ball and four advantages - 200+ tools, professional services, a proven company, loyal conditions. All in the best traditions of the genre.
Under the slider are the reasons to open an account with BCDFunding, they are also the benefits of working with a broker, which are reminiscent of an old, hackneyed movie.
Next - instructions for registration in 3 stages, under which the latest economic news is published. Following - a little more water about favorable conditions and successful success.
At the end - a "fork" of prices to start trading.
The footer duplicates the menu. There is also information about licenses of regulators allegedly received by the office. We will dwell on them in more detail.
Expertise of legal information, BCDFunding licenses
Broker BCDFunding loudly declares that it has received licenses from such eminent regulators as the Cyprus Securities Commission, IFSC, as well as the regulator of the Republic of Mauritius. At the same time, there are no copies of documents on the site, of course.
We decided to break through these data on the official resources of the regulators and got a completely predictable result.
And this is not to mention the fact that, according to the law, before starting to work with traders from Russia and the CIS countries, the broker must obtain the appropriate permission from the Central Bank of the Russian Federation. However, there is not even a line in small print about such a document.
In search of at least some adequate information, in addition to beautiful promises, we go to the "About the company" page. There, the broker shows a “drawn” achievement counter and a statement that their team has been successfully operating in the field of forex trading for more than 15 years. At the same time, the counter indicates only 4 years spent by BCDFunding in the brokerage market, what these guys did for another 11 years remains behind the scenes.
We look at the Whois verification screen at the beginning of this publication and understand that, judging by the latest updates, the office has only been around for a couple of months. And this means that there can be no talk of any experience, 38 thousand active traders and millions of dollars of turnover.
Moreover, a completely different company was previously registered on this domain, which can be found in the web archive.
Let's go to "Contacts". Aferyugi traditionally do not give out any phone numbers. There is only a callback order form, e-mail and a legal address, breaking through which, we get to the Australian business center, where many companies are registered and it will not be difficult to get lost among them. This is exactly what BCDFunding did, because even through an internal search on the names of firms, they could not be found.
In addition, the same address has already "lit up" on the sites of other black brokers.
Thus, we are dealing with a fake organization that does not bear any responsibility for your investments, which means that they can do whatever they want with your money. Neither you nor law enforcement will be able to find them.
Features of the work of the company BCDFunding. Tools and conditions for traders
The minimum deposit for trading on the BCDFunding platform is 1000 USD. For those who like to play big and without limits, the broker offers to deposit 50 thousand dollars into the account. "Average" costs 25,000 USD.
To start trading, you need to fill out an application form, fund your account and go to the online platform.
For their "pinocchio» clients, BCDFunding offer the most delicious "buns":
- a huge number of trading and analytics tools;
- insurance against negative account balance;
- 24/7 expert support;
- high speed of order processing, without requotes and slippages;
- low spreads;
- safe transactions;
- innovative, intuitive platform;
- statements on the movement of funds on deposit;
- licensed activity;
- simple registration in 3 steps;
- low deposit requirements;
- huge leverage up to 1:500.
In general, everything we love. But, judging by the lack of any official information, this will not bring you happiness. This fact is also confirmed by reviews from "abandoned" traders.
Real customer reviews BCDFunding
Unfortunately, we could not find a large number of reviews, not only negative, but also positive. This once again confirms the fact that BCDFunding is not a professional team with 15 years of experience.
If you have become victims of BCDFunding, want to clarify the situation or express your opinion - leave comments under this article. Perhaps it is your review that will save someone from losing money.
BCDFunding User Fraud Scheme
Traditional scheme embezzlement of your money work of BCDFunding, the same as, for example, those we reviewed last time PartnerGL and other scammers.
You are found on social networks, on dating or job search sites, rubbed into trust and offer highly profitable earnings. Falling into the clutches of an experienced team crooks professionals, you get an incredible dose of sweet promises "happily ever after", fake confirmation of the legality of the activity, backed up by "real" success stories.
Instead of training on a demo account, you are offered the services of a personal mentor. At the same time, one of the clauses of the "User Agreement" states that the broker is not responsible for the recommendations of managers.
Before you know it, you are already in debt to make your first deposit, and then just as quickly drain it with the help of the same experts who taught you. You are offered to make a larger deposit in order to start working in a serious way and are given deliberately unprofitable recommendations. Also, charts of non-existent quotes can be “drawn” for you, so that you drain everything that you have invested and earned as quickly as possible.
Another option is the requirement to pay for non-existent services, insurance, etc. And, of course, the usual ban for violating company policy.
Having reached a certain threshold of negativity in the network, this office will "burst" like a soap bubble, and then appear under a different name.
We found the following signs of fraud on the BCDFunding broker website:
- false information about the registration address;
- lack of a phone number, data allowing to identify the organization;
- fake license numbers of regulators;
- lack of permission from the Central Bank of the Russian Federation;
- non-unique, non-informative site;
- negative reviews;
- lack of a risk-free demo account, training;
- inaccurate information about the time of existence on the market.
You can draw your own conclusions. They are obvious here.
And we recommend that you close the BCDFunding website and open educational materials on trading in financial markets, which can be found, including on our website. For example, right here.
If you are a victim of BCDFunding or other black brokers and want to get your investment back, please leave your email in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.