If you are reading this because you are looking for information about B2gain broker, then you are in the right place. We are here to give you some insights on how to stay away from illegal brokers. This detailed B2gain review discusses reasons to avoid this shady fraud.
The company claims to be a binary options trading platform, yet it does not allow any trading.
|Broker Status:||Offshore Scam Broker|
|Broker Regulation:||Unlicensed Forex Provider / No Regulation|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||FINACOM|
|Broker Owner:||B2Gain Limited|
|Headquarters Country:||UK (allegedly)|
|Deposit Bonus:||Only for referrals|
|CFD Trading:||Yes, you can trade CFDs|
|Trading Instruments:||Forex (FX) / Crypto (Cryptocurrencies) / Stocks / NFTs|
|Islamic Account:||Not Available|
|Demo Account:||No, only live trading accounts|
|Accepts US Clients:||US traders are accepted|
|Global Fraud Protection Team:||Don’t Invest in This Scam Broker!|
Is B2gain Broker a Trading Scam?
There are too many red flags to conclude otherwise. The company is unlicensed; it doesn’t even have a real address available. Terms and Conditions are poor and don’t contain much crucial information, as already mentioned.
Allegedly, the broker B2gain is owned by B2Gain Ltd and based in London, UK. Since the FCA banned binary options trading back in 2018, we can already conclude that this is false information. Furthermore, there’s nothing about B2gain regulation with the FCA, ASIC, BaFin, or any reputable Tier1 license provider.
B2gain is an unlicensed broker that claims to be based in the UK. The company says they are a binary options trading platform. Yet this trading type was banned in the UK in 2018, proving that B2gain is a scheme.
False Claims About Regulation – License Doesn’t Exist
The company stated: “B2gain is a fully automated legit trading platform that gives you full control of your investment and allows you to withdraw your capital and profit at any time.”
However, once we checked the FCA, we concluded that the company owner is not regulated and not even registered as a business. It means that all the claims about legitimacy and regulation are false.
In the end, you can find the FINACOM certificate, where the broker claims to be a member of the Financial Commission. This was denied by one simple ban from the aforementioned authority.
Scam Warnings Against B2gain
FINACOM issued an official warning, stating that the B2gain trading scam is not certified. Despite false claims, this brokerage has never entered any commercial register.
While we can see different incorporation certificates on the main page, all of them are fake. Don’t trust anything coming from B2gain Forex fraud.
B2gain Support – Luring You Into a Scam
B2gain has an immense support team luring you into a scam. These people will do anything and promise anything to persuade you to invest. If you check the website carefully, you will see that the firm claims to guarantee profit.
Allegedly, their account managers are so good that they cannot lose.
In fact, these same account managers will extort as much money as possible and disappear after there’s nothing left.
B2gain Trading Platform
One of the many problems with B2gain is its website. It lacks too much information.
To quote the only thing about the B2gain trading platform:
“Not only do we provide our traders with excellent trading instruments, but we also support them with the best tools: volatility alerts, market updates, stock screeners, calendars, and newsletters.”
However, there’s no access to the platform and it’s not specified which software is offered.
Yes, the broker is providing an excellent experience. If by excellence, they mean shady scam. Always stick to legit brokers that are using MT4 or MT5 platforms. This trading software is the best on the market and has a wide range of features.
What Products Does B2gain Broker Offer?
Customers can trade in several markets, including:
- Forex – EUR/USD, CAD/GBP, AUD/CAD
- Stocks – Amazon, Apple, Google
- Cryptocurrencies (Cryptos) – BTC, XRP, ETH
Allegedly, there’s access to NFT trading as well. However, we cannot confirm without a platform. From where we stand, it looks like another lure.
Trading Accounts Review – What’s the Difference?
You can choose one of the six B2gain trading account types:
- Starter Trading Account – Minimum Deposit $300
- Bronze – $1,000
- Silver – $2,000
- Gold – $5,000
- Deluxe – $10,000
- VIP – $20,000
Accounts differ in bonuses, signals, and customer support.
Can I Trade With a B2gain Demo Account?
There’s no B2gain Demo account. As explained, the platform is quite a mystery, so we’re unsure if there is one. Sometimes, brokers open a website without a platform and vanish after you make an initial deposit.
We’re hoping that’s not the case here, but you can never know. Be careful and avoid the B2gain scam!
What Can B2gain Scam Victims Do? – Start the Chargeback Process
Do not give up – you must act fast! How can you do that? Contact us immediately! Losing money is a devastating experience, but not everything is lost; until there is a fight, there is hope.
Click on the button below and tell us your story. Unfortunately, we get complaints like this all the time, and our chargeback team is very experienced in dealing with this common problem. You can also contact us via online chat and give us a chance to help you!
All In All, Don’t Let the Scammers Get Away for Free!
What Is B2gain, and Should I Invest Money In It?
B2gain is another offshore, unregulated scam broker that will put your funds in danger. Do not invest in this scam. If you end up defrauded, we can help you get a refund.
Does B2gain Offer a Demo Account?
The company does not offer a Demo account or any access to the trading platform.
What Is the B2gain Minimum Deposit?
The minimum deposit is $300, which is slightly higher than the industry standard.
How Long Do B2gain Withdrawals Take?
The broker claims that withdrawal usually takes no more than 48 business hours. But that wouldn’t be the first lie.