Bureau of Global Financial Trade Services Review – Report a Scam
You want to get started trading but have been warned about the many forex scams out there. Fraudulent brokers are no longer as obvious to spot as they once were. That is why we have written this review to alert you that Bureau of Global Financial Trade Services is on our radar as potentially problematic.
It isn’t just newbie traders that become targets of fraudulent forex brokers. Thanks to technological advances, almost anyone can falsify identities, credentials and licenses and swindle both beginning and advanced traders. We have looked carefully at Bureau of Global Financial Trade Services and have found numerous inconsistencies and problems that send the message, “Stay away!”
Instead, we are adept at evaluating brokers and have a long track record of alerting the public to potential scams. Many of the brokers we have warned the public about turned out to have been frauds and some are facing criminal prosecution. If you have lost money to Bureau of Global Financial Trade Services or another trading scheme, contact our experts immediately.
The Problem of Scam Brokers
We believe that Bureau of Global Financial Trade Services is taking advantage of customers and providing fake services as a way of taking money from the public. We did not come across Bureau of Global Financial Trade Services randomly, but used specialized tools to research brokers that have been flagged on suspicion for wrongdoing.
All or some of the following red flags have been raised regarding Bureau of Global Financial Trade Services
Do These Problems Describe Bureau of Global Financial Trade Services?
What would happen if you get into a taxi cab and discovered the driver had no license to operate a vehicle? The only sensible reaction would be to get out of the car. Therefore, if Bureau of Global Financial Trade Services has no license, if they are falsely claiming to have a license, or if they have had their license revoked, request a withdrawal immediately and contact us.
You might have checked that Bureau of Global Financial Trade Services has a license and feel secure that they are indeed regulated. However, that could be a false sense of security if it is an off-shore license. As important as having a license is holding a top-rated license. The FCA in the United Kingdom, the SEC in the U.S., and ASIC in Australia are examples of first-rate licenses.
However, so-called regulatory bodies that are not on lists of official regulators issue licenses that are only a fig leaf to cover over dodgy practices. Many fraudulent forex brokers obtain these licenses for a fee, but the regulator does not provide any oversight or protection for customers. If Bureau of Global Financial Trade Services has an offshore license, do not open an account with them.
Not all customer review sites are as trustworthy as expert reviews, but if there is a huge number of negative reviews alleging the same thing, that is not a good sign. If you research Bureau of Global Financial Trade Services only to be bombarded with reviews from unsatisfied customers and negative news on the web as well as conversations on social media about the broker engaging in shady practices, be warned.
If Bureau of Global Financial Trade Services offers trading services in areas where they are not licensed or does not follow the rules in the region they are operating, they have most likely been flagged for non-compliance. Never trust a broker who bends the rules, because they are not likely to respect their customers any more than they respect the law.
If a top regulator, such as the SEC or the FCA has warned the public against Bureau of Global Financial Trade Services, do not take a chance. There are thousands of brokers and the fact that this one name has gotten the negative attention of a government regulator means that there must have been a substantial number of complaints or illegal activities to have warranted this kind of attention. Cross Bureau of Global Financial Trade Services off your list if they have been the subject of a warning.
If you notice Bureau of Global Financial Trade Services doing any of the following, contact us to file a complaint.
- Unregulated broker
- Promises of huge returns
- Aggressive manner
- No contact information
- Very little transparency
- Large fees or commissions
- Does not allow withdrawals
- Stops communication
What If You Have An Account with Bureau of Global Financial Trade Services?
If you have traded money with Bureau of Global Financial Trade Services withdraw your money immediately. If Bureau of Global Financial Trade Services won’t allow you to withdraw your money, seek assistance from Chargebax experts right away.