Caution Investors B-tinvest.dev – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements
Overview:
B-tinvest.dev is a website that claims to provide access to various financial markets, such as forex, CFDs, stocks, and cryptocurrencies. The website does not disclose any information about the company behind it, such as its name, address, registration number, or license. The only contact details provided are an email address and a phone number.
The website also features some dubious claims, such as offering a 100% deposit bonus, a 99% success rate, and a free demo account with $10,000. The website also displays some fake testimonials and awards that are not verified by any credible source.
Regulation and Compliance:
B-tinvest.dev is not regulated by any financial authority. This means that the company does not comply with any rules or standards that protect investors from fraud, manipulation, or unfair practices. The company also does not segregate client funds from its own, which means that your money is not safe in case of insolvency or bankruptcy.
Moreover, B-tinvest.dev has been warned by several regulators as a potential scam. The Spanish National Securities Market Commission (CNMV) and the Austrian Financial Market Authority (FMA) have both issued alerts against B-tinvest.dev, stating that the company is not authorized to provide investment services in their jurisdictions. The regulators also advised investors to exercise caution and avoid dealing with B-tinvest.dev.
Customer Reviews:
B-tinvest.dev has a very poor reputation among online users. The company has received many negative reviews and complaints on various platforms, such as Trustpilot, Forex Peace Army, and Scamadviser. Most of the reviewers claim that B-tinvest.dev is a scam that does not allow withdrawals, manipulates prices, and harasses customers with phone calls.
Some of the reviews are:
– “B-tinvest.dev is a scam. They took my money and refused to give it back. They keep calling me and asking for more deposits. Stay away from them.”
– “I opened an account with B-tinvest.dev and deposited $250. They gave me a bonus of $250 and promised me huge profits. But when I tried to withdraw my money, they asked me for more documents and fees. They never processed my withdrawal request and blocked my account.”
– “B-tinvest.dev is a fraud. They are not regulated by anyone and they are blacklisted by many regulators. They have fake testimonials and awards on their website. They are not a real broker but a scam.”
Products and Services:
B-tinvest.dev claims to offer a variety of products and services to its clients, such as:
– Forex: The company claims to offer over 50 currency pairs with low spreads and high leverage.
– CFDs: The company claims to offer contracts for differences in indices, commodities, stocks, and cryptocurrencies with competitive commissions and margins.
– Stocks: The company claims to offer access to over 1000 global stocks with no fees or commissions.
– Cryptocurrencies: The company claims to offer trading on over 20 digital currencies with high volatility and liquidity.
However, these claims are not backed by any evidence or verification. The company does not provide any information about its trading platform, software, tools, or features. The company also does not disclose any details about its trading conditions, such as spreads, commissions, leverage, margin requirements, or execution speed.
Location:
B-tinvest.dev does not reveal its physical location or address on its website. The only contact details provided are an email address ([email protected]) and a phone number (+44 203 807 7669). However, these details are not reliable or trustworthy.
According to Scamadviser, the website’s domain name was registered in October 2021 in Panama by NameCheap Inc., a company known for hosting many scam websites. The website’s IP address is located in the United States, which contradicts the UK phone number provided by the company.
Customer Service:
B-tinvest.dev does not have a professional or responsive customer service team. The company does not provide any live chat or social media support options on its website. The only way to contact the company is through email or phone.
However, many customers have reported that the company’s email support is slow or non-existent. The company’s phone support is also aggressive and rude. Many customers have complained that the company’s representatives keep calling them and pressuring them to deposit more money or upgrade their accounts.
Is Your Money Safe in an Unregulated Company?
The answer is no. Your money is not safe in an unregulated company like B-tinvest.dev. There are many risks involved in dealing with such a company, such as:
– You have no legal protection or recourse in case of any dispute or issue with the company.
– You have no guarantee that the company will honor your withdrawal requests or pay you your profits.
– You have no assurance that the company will not use your money for its own purposes or run away with it.
– You have no access to any compensation scheme or fund that can cover your losses in case of insolvency or bankruptcy.
Conclusion:
B-tinvest.dev is a scam that you should avoid at all costs. The company is not regulated by any authority and has been warned by several regulators as a potential fraud. The company has a very bad reputation among online users and has received many negative reviews and complaints. The company does not provide any credible information about its products, services, or trading conditions. The company also does not have a reliable customer service team.
If you are looking for a legitimate and trustworthy online trading platform, you should look for one that is regulated by a reputable authority, such as the FCA, ASIC, CySEC, or NFA. You should also check the company’s reputation, reviews, ratings, and feedback from other customers. You should also compare the company’s products, services, and trading conditions with other competitors and choose the one that suits your needs and preferences.
