Warning: Is Bestrade Global a Scam?
Be careful of Bestrade Global (bestrade.global); it displays several indicators of a scam. Users have reported withdrawal issues.
Bestrade Global (bestrade.global) Review
Bestrade Global (bestrade.global) has been flagged as a suspected illicit broker.
We found that the support email is support@bestrade.global.
Bestrade Global claims to be a investment firm, but it is unlicensed by any major commission, like the ASIC or CySEC.
Scammed by Bestrade Global?
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Can You Trust Bestrade Global?
Bestrade Global runs without supervision.
Trading with unregulated brokers is highly dangerous. Legitimate firms are always registered with agencies like the SEC, ASIC, or FCA to protect investors.
Bestrade Global lacks this supervision. This means there is no safety net if they keep your money. Many investment fraud use unregulated actors, and getting back money from them is difficult without professional assistance.
For example, in Europe, unlicensed firms are outside the jurisdiction of the compensation schemes. In the US, they are not part of regulatory bodies, so your capital is at risk.
Warning Signs of Bestrade Global
Investment fraud is getting smarter. Criminals use psychological tricks to take your savings. Here are common tactics used by brokers like Bestrade Global (bestrade.global).
The "Romance" Trap
The "Romance Scam" is a common tactic where scammers groom victims over months. They fake a romance online. Eventually, they mention a "lucrative" crypto opportunity. It is a lie to get you onto a scam site .
Rigged Platforms
Scammers build websites that mimic legit trading apps. You see graphs and profits that increase. But it is a game. The broker controls the prices to convince you so you invest more. When you try to withdraw, the "profits" are gone.
Other Warning Signs
- Cold Calling: You get calls from "brokers" out of the blue.
- No License: The company lacks authorization.
- High Returns: They promise 1% daily returns with no risk.
- Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
- Aggressive Sales: Agents push you to deposit more.
Do not trust fake reviews. Fraudulent brokers frequently post their own 5-star comments to appear real.
Conclusion
We do not recommend Bestrade Global. It appears to be a scam. Save your funds and find a regulated broker. Avoid bestrade.global at all costs.
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