BMT-brokers offers training to earn money on world financial exchanges, the most popular trading strategies, unique services and analytics from leading experts. All this is great, of course. It remains only to check how beautiful phrases match reality. What we will do in the framework of this review.
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BMT Brokers. General information
Broker's main website:
The site of BMT-brokers is built on a primitive template, with a very superficial design. The developers have tried to structure the information on the pages as much as possible and fill them with content. But the content of all this does not carry any meaning. Common phrases, traditional "benefits", praising the project. In a word, everything that we have repeatedly seen in other reviews on binarybets.ru. All of this was fairly valued.
The site of our friends is not ranked by any search engine. This means that exactly the same amount of effort was invested in it as indicated in the price tag on the screen.
The main page of BMT-brokers is represented by the following sections:
- menu (trading conditions, platform, information about assets, online trading, deposit/withdrawal of funds, analytics, about the company, registration/login buttons);
- a header with a unique trade offer and an "open account" button;
- presentation of trading instruments, about which you can learn more by clicking on the "more" button;
- terms of trade;
- "solid benefits";
- about the trading platform;
- instructions for starting trading;
- economic calendar and a button to go to the analytics section;
- information on how to replenish the account and withdraw dividends.
The footer duplicates the menu, publishes a risk notice, as well as contact information. The site is made entirely in Russian, which means that it is advisable to check whether these guys have a license from the Russian regulator. But we will talk about this and some other interesting points further.
Registration, licenses, address BMT-brokers
The office indicates the Marshall Islands as the registration address and even provides a certificate of the beneficiary.
However, for those who are not in the know, let's say that this republic, which is under the patronage of the United States, is a well-known offshore zone, offering 0% taxes, no need to provide reports, as well as storing all data in a closed database. Of course, this direction does not yet have the label of a “money laundering center”, like, for example, Saint Vincent and the Grenadines. But, nevertheless, it provides excellent opportunities to hide from responsibility. After all, the legislation of the Marshall Islands protects the interests of only its subjects. The same is stated in the Client Agreement published on the BMT-brokers website.
By the way, in the same document we found a mention of a completely different name of the Brokers.com office.
We are leaning towards the version that this was the name of the previous, shriveled project of these guys, who, picking up the negative, decided to rebrand. But they were in such a hurry to get other people's money again that they completely forgot to change the names. The same name appears in the logo on the main page of the site (pay attention to the main splash screen for this article). There, in the header, there is information about almost 1.8 million open accounts. Remember this number. We will return to it a little lower.
The site statistics, which, by the way, have grammatical errors, indicate that BMT-brokers has been providing services since 2017. It also announced 70+ thousand customers from 35 countries.
But it is worth looking at the very first screen in this article, where the age of the domain is checked, as it immediately becomes clear that they are trying to cheat us again. The domain was created in November 2021, and the project itself was fully operational on December 7 of the same year. Therefore, all statistics, along with the "1.8 million open accounts" that we asked you to remember, are sent to the scrap.
And finally, let's talk a little about contact details and licenses to operate in the field of financial services. Since the BMT-brokers project is fully adapted to the Russian-speaking audience, and also has a Moscow phone number for communication, it is worth looking at its license issued by the Central Bank of the Russian Federation. After all, without this document, the company does not have the right to work on the territory of Russia.
However, quite predictably, our heroes did not have any licenses, including the American SEC.
By the way, despite the official registration in the Marshall Islands, the office provides only a PO box as contact information. The Analytics department, which BMT-brokers boasts so much, is located in Germany. At the same time, they apparently forgot to enter our friends at the indicated address.
It turns out that neither you nor the law enforcement agencies will be able to find these guys.
Working conditions in BMT-brokers
There are five steps to get started.
- Complete a short registration in your personal account and open a trading account.
- Go to the platform.
- Enter account information to login.
- Top up your account in any convenient way.
- Start earning in the financial market.
Trading is carried out on a specially developed BMT-brokers platform, adapted for PC and mobile devices. The minimum entry threshold is $250. At the same time, you get the opportunity to trade on 330+ assets, spreads of 1.5 pts, as well as 0% commissions.
Among other "solid advantages" (yes, that's exactly what it says) for BMT-brokers clients:
- full protection of your assets, thanks to working with the most reliable partners in banking services;
- high-quality individual training;
- professional analytics;
- large selection of tools.
Everything, as always, is the best. But in the client agreement, we found one more clause, which says that the company reserves the right to change any working conditions without notifying the trader.
Therefore, do not delude yourself with a bright wrapper. It is better to turn to real reviews from BMT-brokers clients.
What clients of BMT-brokers say
We weren't able to find real customer reviews for a company based on a ".space" site. But there are more than enough comments about the comrades who existed on bmt-brokers.com (recall, this name appears as a logo and in the client agreement). Below are some of them.
If you have been deceived by BMT-brokers, leave your feedback under this article. Don't be ashamed of your failures. Your comments will help others not to get into a similar situation, and also quickly close this shop.
How BMT brokers are cheated
Checking the information about registration, licenses, contact details and trading conditions prescribed in the BMT-brokers Client Agreement showed us that nothing good can be expected from these guys. This idea is also confirmed by reviews from deceived clients who lost money on a failed project, which the monitored office had a little earlier.
The divorce scheme here is classic. At first, you are gently told about favorable conditions, training, unprecedented tools and analytics. But in reality, it turns out that BMT-brokers can commit any arbitrariness and go unpunished. This right gives them, firstly, a fraudulent contract, which is rarely read, but always automatically signed at the start of trading. And secondly - registration in an offshore zone and the lack of regulation.
We found the following signs of fraud on the BMT-brokers website:
- registration in an offshore zone, the laws of which apply only within its boundaries;
- lack of licenses;
- an agreement that puts the client in a deliberately losing, unprofitable position;
- fake contacts;
- bringing information that misleads users (for example, about the time the company has been on the market, the number of open accounts).
All of these together or individually illustrate the true essence of BMT-brokers cuisine. We strongly advise against contacting this project. Unless, of course, you want to lose your money, time and nerves.
If you have lost money thanks to the "efforts" of BMT-brokers or other black brokers, and do not know how to get it back now and what to do - leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.