Abstract:Bullet Global Investment (BGI) Ltd did not take long to make its next move. Towards the end of August and the start of September 2022, WikiFX highlighted warned our users that something fishy could be going on with BGI, and now it has come true.
Bullet Global Investment (BGI) is an American brokerage firm.
According to WikiFX's stringent evaluation system, BGI has a low score because it does not have a valid licence. The main issue stemmed from the unreliable trading signals provided by BGI that blew up several clients accounts.
Recently, WikiFX discovered that BGI was going to make a run. This is common among scam forex brokers as they undergo a thorough “rebranding” to find a new group of victims to scam.
BGI not only gave out trading signals recklessly but also made things difficult when a client wished to withdraw their funds.
This is a significant red flag that any trader should never ignore. If you find that your forex broker is attempting to hinder you from cashing out your funds, they are a scammer instead of a legitimate brokerage firm.
BGI disappearing from the MT5 platform is an uncanny resemblance to that of Wintersnow Ltd right before its scheme collapsed.
Read about this case here:
https://www.wikifx.com/en/newsdetail/202208223574782467.html
The last trading signal that was given by BGI in its private and exclusive signal group was 19th September 2022. Can we deduce that this is the official end of BGI (at least for now)?
Stay tuned with WikiFX as we work towards unveiling more dirt on BGI. In the meantime, check out these previously published articles in relation to BGI and its malpractice:
Read here: https://www.wikifx.com/en/newsdetail/202208316934568856.html
Read here: https://www.wikifx.com/en/newsdetail/202209054184908413.html
Read here: https://www.wikifx.com/en/newsdetail/202209012824437492.html
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