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Is Beurax a Scam Broker?

Bureaux promises its clients a unique trading opportunity, but it seems to be just another online scheme. However, our professionals investigated Beurax closely and paid attention to important criteria such as regulation, complaints, and who set up this company. After looking carefully, we have created this review which should help you make a decision whether or not to trade with Beurax. 

Is Beurax a Scam or Legit Broker?

Beurax seems to be licensed at first glance. However, it is clear that broker has taken steps to mislead potential clients. Beurax claims to be located in Australia and implies it is licensed by the ASIC, but it is in fact located in Arizona and the ASIC, the Australian Securities and Investment Commmission, released a warning about Beurax and cautioned consumers against its inflated promises. Those who are not truthful about licensing should never be trusted. We caution consumers to stay away from Beurax. 


Our experts have examined Beurax and have found the following problems: 

  • Not regulated–falsified license
  • High spreads
  • No transparency
  • Warning from the ASIC


Our experts do not recommend opening an account with Beurax. We suggest that you choose a licensed broker instead. Research our other broker reviews and sign up with a regulated broker. If you have lost money with Beurax or another broker, our professionals are here to help you. 

Reason to suspect a scam broker is in action:
  • The broker froze your account
  • The broker blocked your account
  • You cannot login back into your account
  • Money has been taken out from the account
  • The broker doesn’t take your calls
  • The broker shut down his website
  • You noticed the broker took money out from your bank account with out your permission
  • The broker is offering you a bonus
  • The broker is offering you to fund more money into the account after you lost a large sum

Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.

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