Warning: Is Beastum a Scam?

Warning: Beastum (beastum.com) Analysis

Our team urge you to avoid Beastum (beastum.com).

Beastum presents itself as a investment firm, but it is not authorized by any major authority, such as the FCA or SEC.

Cannot Withdraw from Beastum?

If you think you were defrauded by Beastum, act now. Fill out the form below to consult recovery experts for a no-obligation consultation.

Can You Trust Beastum?

Our investigation shows that Beastum lacks a valid license.

Trading with unlicensed firms is extremely unsafe. Real firms are must be licensed with bodies like the SEC, ASIC, or FCA for your protection.

Beastum operates without this protection. As a result, there is no legal recourse if they keep your money. Many investment fraud use unlicensed actors, and recovering money from them is difficult without expert assistance.

For example, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In America, they are not part of SIPC, so your money is at risk.

How They Steal Money

Online trading fraud is getting smarter. Scammers use manipulation to steal wealth. Below are typical methods used by sites similar to Beastum (beastum.com).

Dating App Scams

The "Romance Scam" is a common tactic where scammers build trust over weeks. They build a friendship on social media. Eventually, they introduce a secret investment. It's a trap to lure you onto a scam site .

Fake Trading Dashboards

Scammers create websites that mimic legit trading apps. They have charts and balances that go up. But it is a game. The broker manipulates the numbers to make you feel rich so you invest more. If you ask for a payout, the "profits" are gone.

Other Warning Signs

• Unsolicited Contact: You get calls from "brokers" you don't know.
• No License: The firm lacks authorization.
• Guaranteed Profits: They promise huge profits with no risk.
• Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to invest bigger amounts.

Ignore positive ratings. Fraudulent brokers often post their own positive reviews to appear real.

Conclusion

We advise against Beastum. It is likely a fraud. Save your funds and use a regulated broker. Avoid beastum.com at all costs.