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BWSTOCK -

Score

1.55 /10
Danger

BWSTOCK

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.bwstock.com

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.32

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

BWSTOCK LIMITED

Company Abbreviation

BWSTOCK

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

It is a flagship store, but refuses to pay profits of $180

Unable to withdraw the profits of $180from this scam platform. I have communicated with them countless times, and they gave me cold shoulders. Everyone is far away from such a fraud platform

FX2229959655
2019-02-22 23:16
Scam

BWSTOCK is a scam. God damned “flag ship”!

They won’t let me withdraw my $180 profit, only allowing me to withdraw my principal. Did I affect other people’s normal trading with such a small money? I deposited $3000, but they won’t let me withdraw my $180 profit. This is a scam. Flag ship my ass! Stay away from it.

FX2229959655
2019-02-22 23:16
Unable to Withdraw

Platform, make more than a hundred dollars without withdraw

Platform, profit more than one hundred and eighty dollars do not give me, only return the principal,such a litttle turnover , is it affect the normal trading of others?Three thousand dollars deposite, profit more than 180 dollars are not to give me, is the praud platform of the bet, they also have a flagship store!I pei pei pei pei pei!!!Get away from these platforms!13732687253

FX2229959655
2019-02-22 23:17
Unable to Withdraw

BW global profit does not give gold, black platform

BW global foreign exchange, official website: https://www.bwstock.com/ before opening an account, I consulted customer service trade rules and restrictions on the official website, customer service reply can scalp trade, do not restrict any trading techniques.After I opened the account, I put in $1,000 and traded for two days, making a profit of $164.31.I applied for payment, but the platform refused, and the customer service staff also said that I violated the arbitrage trade.Request foreign exchange eye to help me small scattered to seek a justice.

FX6599812499
2019-02-22 23:17
BWSTOCK · Company summary

Note: BWSTOCK's official website: https://www.bwstock.com/is currently inaccessible normally.

BWSTOCK Information

BWSTOCK is an unregulated brokerage company in the United States. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

BWSTOCK Information

Is BWSTOCK Legit？

BWSTOCK currently does not hold any valid regulatory certificates. It lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

Is BWSTOCK Legit?

Downsides of BWSTOCK

  • Regulatory Concerns

BWSTOCK is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

  • Unavailable Website

BWSTOCK's official website is currently inaccessible. So maybe it's time to find another brokerage.

  • Lack of Transparency

There is a notable lack of information about BWSTOCK available online. This lack of transparency can really dampen investors' enthusiasm.

  • Withdrawal Difficulty

According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. Despite the request being pending for over a week, the issue remained unresolved.

Negative BWSTOCK Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative BWSTOCK Reviews on WikiFX

As of now, there are four pieces of BWSTOCK exposure in total. I'll introduce two of them.

Exposure 1. It is a flagship store

ClassificationUnable to Withdrawal
DateFebruary 14, 2019
Post CountryHong Kong

The user said that “Unable to withdraw the profits of $180 from this scam platform”. You may visit: https://www.wikifx.com/en/comments/detail/208024668814487.html

Exposure 2. Black platform

ClassificationUnable to Withdrawal
DateJanuary 5, 2019
Post CountryHong Kong

The user said that “I put in $1,000 and traded for two days, making a profit of $164.31.I applied for payment, but the platform refused”. You may visit: https://www.wikifx.com/en/comments/detail/208019447504480.html

Trading Platform

MT5 (MetaTrader 5) is available with BWSTOCK. It is a diversified financial trading platform that allows trading foreign exchange, stocks, and futures. It provides excellent tools for various price analysis, use of algorithmic trading applications and copy trading.

Trading Platform

Customer Support Options

For any question you might have, help may be available by phone (4001208916) or email (cs@bwstock.com).

Customer Support Options

Conclusion

Lack of transparency is a huge barrier for beginning traders. BWSTOCK is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

User Reviews

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User comment

2

Comments

Write a review

李奎
more than one year
Honestly, don't have a pleasant trading experience here. First of all, the company lacks proper regulation, which is a red flag for any trading platform. Additionally, I have encountered issues with accessing their website and being able to reach customer service. When I was finally able to get in touch with a representative, they were unprofessional and unhelpful. Overall, I cannot recommend BWSTOCK due to their lack of regulatory oversight and poor customer service.
Honestly, don't have a pleasant trading experience here. First of all, the company lacks proper regulation, which is a red flag for any trading platform. Additionally, I have encountered issues with accessing their website and being able to reach customer service. When I was finally able to get in touch with a representative, they were unprofessional and unhelpful. Overall, I cannot recommend BWSTOCK due to their lack of regulatory oversight and poor customer service.
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2023-03-21 18:21
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FX1322333510
more than one year
The biggest scam going, is when you give them money, you will never get back, be careful they are a professional scammer. Anyone being scammed by them, please inform the local police, please!
The biggest scam going, is when you give them money, you will never get back, be careful they are a professional scammer. Anyone being scammed by them, please inform the local police, please!
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2023-03-06 18:25
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4