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BTS Broker: broker or scammer?
BTS Broker is a young company providing trading services. The broker notes that it takes care of each client and offers trading conditions that allow investors to make profitable deals regardless of the chosen strategy.
The company describes itself as one of the best brokers in the financial services market. According to its official website, it is a trademark of Bts Broker Ltd which is regulated and authorized by the jurisdiction of the United Kingdom. The company has made good progress in the financial sphere, showing stable growth performance. The award-winning broker has managed to earn a reputation as a reliable company.
The broker`s clients can trade currency pairs, stock indices, commodities, and precious metals. The company offers its own trading platform. As stated on the web, its specialists and experts are the leading participants in the financial markets. There are many positive features on its official website, but is there any truth to that?
Let`s try to figure out what this broker really is. Apparently, this is another scammer which is just hiding behind brokerage activities. Collaboration with such firms results in heavy financial losses. Initially, a scammer promises high yields to traders, but then it does not allow them to withdraw their money back.
BTS Broker`s activity is just a rip-off. To make sure of that, it is enough to study its website and the feedback from defrauded traders. Let`s start with the website which is quite typical. In fact, such websites are created for the broker`s enrichment. Scammers do not want to invest funds. Their aim is to cheat money out of naive people. As a rule, such brokers have little experience in working in the financial markets.
However, this website is designed in such a way as to give the impression that the broker has sound experience. A lot of scammers do this as there are few people who want to cooperate with a young company.
The broker is registered in the UK, and it is true. However, this is an offshore zone, which means that it is impossible to track cash flows. Besides, there is no one to complain to. Moreover, this registration does not mean anything. Nowadays, firms can obtain a licence from fraudsters.
Notably, the website does not feature the information on the company`s history. At the same time, the broker posted that it had been awarded in 2017.
2012, February 14, 2020
alenamyhina, March 1, 2020
As for contact details, the website features a phone number and several email addresses. The company specialists will undoubtedly answer you. The broker`s earnings depend on communication with its clients.
As indicated on the website, the company`s mission is to provide retail and institutional clients from all over the world with exceptional trading conditions and the opportunity to realize their potential.
In fact, there is no mission. The company stated it only to attract the interest of traders. If you think you will trade on your own, you are wrong. A certain professional trader will help you drain the deposit. Further, the scammers will ask you to replenish your account until you are mired in debt. Unfortunately, this happens very often.
The reviews from cheated customers only prove this point.
Jatviag, March 17, 2020
Biter, August 12, 2020
Of course, there are positive comments, but their number is very low. Most of the reviews of BTS Broker are negative. Traders who have already been tricked try to warn others.
Zmeykaaa, February 13, 2020
1987, February 19, 2020
Claudia, March 23, 2020
If you think that it is easy to find a reliable broker, you are wrong. Indeed, there are a lot of companies offering brokerage services, but the lion`s share of them are scammers. These firms do not want to part with clients` money. BTS Broker is one of such companies. Be careful and do not cooperate with scam brokers.
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