BigFXinvest Review – Doesn’t Distinguish From Common Fraud

Text, gibberish, bragging and senseless mumbo-jumbo without anything concrete is all you’ll ever find on this shady website. All of the useless talk about the company being an internationally recognized and acclaimed brand gave us nothing to work with and explore the background of the conduct. 

Every last detail is fake. That’s why we’ve put together this BigFXinvest review in an attempt to expose and reveal the true intentions behind the seemingly humble and genuine approach.  

Evident Lack of License

The false address the website presents as the location of their headquarters doesn’t belong to any legally registered company in the UK, according to the UK Companies House. Furthermore, as a financial services provider, this company has never acquired a permit from FCA to sell these services.

As it actually appears, the firm itself declares, in the section covering the regulatory information, that they do not have a license just yet but that has not stopped them from expanding their business. The scammer has single handedly exposed themselves! What’s more, they also claim to be certified by a bogus regulator – Crypto Conduct Authority.

Since the anonymous conduct doesn’t appear in any other register of regulated entities like BaFin, CySEC and NFA, we can freely call them fraudsters. Be sure that no fund safety is provided on sites like this one and Hlyton, and that trading is conducted under increased risk, with no negative equity insurance. 

Perception Of Trustworthiness

Potential targets that show even a slight interest in investing here are usually contacted by boiler room agents. These will pester victims mercilessly, all the while trying to appear caring, friendly, highly professional and knowledgeable. 

These scam promoters are promising huge returns and captivating trading conditions. In short, anything that would work and convince the target to invest is used as a means of persuasion.

Since the site began operating in November, 2023 they have been mainly focused on victims from:

• United Kingdom
• Netherlands
• Australia
• Canada
• Ireland

Misleading Reviews

In an attempt to get under the skin of their victims quickly, the fraudsters have tried using review selling networks, as apparent from their claimed Trustpilot page. 

Unfortunately for them, the majority of the BigFXinvest reviews – 33% of them, are negative. Users openly call this firm a financial swindler that blocks withdrawals and mistreats clients. Also labeled as pushy and rude, their affiliates and promoters seem to have no limit when it comes to convincing clients to invest. 

Concealed Costs

Legal documents being short and uninformative don’t help us determine what conditions rule the trading environment. The problem also comes from the site presentation, which is just as imprecise, and only vaguely mentions any costs. 

That being said, the basic trading terms such as leverage, spreads, commissions and swaps are a complete secret. No transparency shown in this domain also represents a strong red flag, that signifies the site operators and owners have hidden intentions, related to robbing clients.

Bonus For Affiliates

Signing up for the service allegedly gets you a unique referral link that you can use to get others to sign their sentence without even knowing. 

The basic principle of every Ponzi scheme suggests to reward unsuspecting clients and newcomers with various bonuses so schemers quickly build their user base. Mechanisms of this concrete campaign are left unsaid, only high passive income is promised, and that is it.

Features Hidden Behind Paywall

If you want to become a client on this portal, you simply can’t do so by just signing up. You have to use the Promo code which is only known to a handful of existing customers. 

That’s the main obstacle that prevents potential users from exploring the offer of tools and options. Since the site itself gives no concrete information on the features, we may as well consider them non-existent.

Polarbtc hides behind the same deceptive methods, so make sure you avoid them as well. 

Web Trader as a Promise

The web presentation goes on and on about the heavily rewarded BigFXinvest WebTrader that is supposed to be one of the most famous and most respected software in the industry. 

We understand that the benefit of web trading is in the fact that no download is required and the layout is somewhat simpler and more comprehensive. 

However, this trading domain offers no proof of that, whatsoever, only more bragging about an option that we aren’t sure even exists.

No Clarification on Asset Groups

It may seem very helpful and reassuring that the website elaborates on the basic instrument types and what they cover. 

However, not clarifying what concrete groups exist on the portal for buying and selling doesn’t quite instill trust. For all we know, there’s some more popular asset types like Forex and CFDs offered, but which ones exactly – remains a question.

Steep Account Pricing

As the page introducing packages clearly outlines it, until you cough up $50,000 you won’t have access to the trading room. Desperately trying to sell these unjustly overpriced bundles, the cons advertise risk-free trades, personal account managers and other bogus features. Nothing, however, is a reason to force these price tags:

• Bronze – $10,000
• Silver – $25,000
• Gold – $50,000
• Platinum – $100,000
• Diamond – $250,000
• Premium – $500,000
• VIP – $1,000,000

Truth About Monetary Transfers 

Payment methods that are supposed to be available, according to the shallow information are:

• Credit and debit card
• Wire transfers
• Skrill, Neteller and other e-wallets

None of these can you verify until you gain access to the user area, as we explained earlier in this review. The details are so scarce that you remain in complete darkness all the way, even after investing huge amounts of cash. 

Eventually, you realize all of the promised benefits were lies, and your friendly agent immediately turns a cold shoulder because they will not allow you to withdraw a single cent when they introduce sudden fees and trading volume requirements.

Where’s Support When Needed?!

It appears that the only available communication channel between the clientele and the company support is the online form. Regulated and popular brokerage powerhouses enable live chat, callback, customized customer service in multiple languages. Do not expect to find any of that here – these miscreants cut off all communication once you see through their lies. 

Rely On Us For Chargeback!

Tired of letting scammers have their way with you? Do you want to stand up for your financial future and recover what you have lost to cyber thieves? We have just the solution for you. 

Contact our legal support and we’ll book a free consultation with our chargeback professionals that will support and guide you through the fund recovery process. 

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