BeGlobalFund claims to have an office in Basel, Switzerland. However, the website does not specify the management company or its country of registration. Instead, there is a phone number from another jurisdiction to contact clients. In addition, the services are not available for citizens of the European Economic Area, the USA, the UK, and some other regions. How safe is it to trade on this platform if it is unknown who owns this brand? Is this service reliable? We will review the terminal functions and check if this broker is legitimate. Then we will give a conclusion on the results of our research.
How to Trade
BeGlobalFund offers traders an MT5 platform. You can trade on financial markets with more than 300 instruments. The broker claims that thanks to this technology, more than 100 thousand clients are already using this service. The main features of MetaTrader 5 that are available on this site are:
- Technical analysis, including 24 analytical objects, and 30 built-in indicators of currency and stock quotes.
- Flexible leverage without price deviations, requotes, and slippages.
- One-click trading, trade orders are sent directly from the price feed or price chart window.
You can open an account in fiat currencies or crypto (BTC, ETH, or LTC). Withdrawal of funds from the client’s account is made within 6 days from the date of application.
You can trade at BeGlobalFund through the mobile app on iOS and Android devices or on the Web platform on Windows, Mac OS, and Linux. The broker promises to provide users with trading courses and detailed news on global markets.
BeGlobalFund Vital Info
The company does not disclose information about the date of its creation, the history of the brand, or the owners of the platform. As for the domain, it was registered only in August 2023. The website lists the address of this firm in Switzerland, but the broker does not provide a registration number or legal proof of its existence. We tried to find BeGlobalFund in the register of legal entities in Switzerland, but there is no such company there.
It seemed strange to us that a brokerage platform, that has an office in Switzerland, does not show scans and certificates of its registration and license for financial activity on its website. However, it has turned out that BeGlobalFund does not exist at the specified address. In addition, the phone number code for contact is also not Swiss. Does this firm even exist? How long has it been operating? It is possible that the organizers of the platform are deliberately hiding their faces and locations from us in order to falsify the history of their illegitimate service.
The broker is not to blame for your poor skills. The company provides everything you need for comfortable and productive trading: moderate commissions, an excellent technical platform, and withdrawal of funds. As for the dissatisfaction of some traders in connection with the loss of deposit in beglobalfund, they should realize that all responsibility for the decisions made lies with the user. Your gambling trading without considering the risks can lead to losses in any brokerage company, and it is not the broker's fault.
I had serious expectations for cooperation with beglobalfund at the beginning of my work, thanks to conversations with the manager, I gradually increased my account balance and saw a clear increase in profit. But all my illusions disappeared after I applied to withdraw all my money, almost $42,000. What surprises me is that the application seems to be processed, I received a notification about it in my account, but there is no money in my bank account. I am experiencing total frustration...
I am satisfied with the cooperation. My trading is going well, however, I encountered a slight delay in processing my withdrawal request. This was the only minus in my experience of cooperation with Beglobalfund. In general, I was pleasantly surprised by the quality of services provided by this broker 👍 and I consider my trading experience successful.
Dear traders, why do you go to such dubious sites as beglobalfund.com? I agree that this terminal is interesting, it is updated and works qualitatively, but why do you need this terminal if you are dealing with one-pagers?!! The stocks have a very high volatility, I compared the indicators with the data of another time-tested broker, their chart is very different. I will not trust such an unreliable broker with the amount of $500, which I always deposit to check the work of a new company because this organization raises very big doubts about its honesty. This is an unreliable service
I think this is a scam! I was trading two major currency pairs, in two months I deposited up to 7,000$, I was making up to 300$ profit per week. But then the results of my trading deteriorated sharply, the profit dropped to 10 dollars a week. As I understand now, this broker drew quotes and drained my account. I do not recommend trading on Beglobalfund to anyone!!!
SCAM!!! STOLE ALL MY MONEY! The broker provides trading services that are against the interests of the client. Order execution is extremely slow, charts are drawn, quotes are also fixed, there are huge problems with money withdrawal. I don't know who can work with this company for more than a week, probably there are no such people willing :( Meanwhile, the advertising of the site is made very attractive. I do not know what decent words to pick up for this fake project, managers here traded my money, hiding it from me, and eventually drained my entire deposit of more than 3 thousand euros! I do not understand this attitude, because the average trader brings you profit, why lose a client for the sake of momentary profit? There is only one explanation - these are fraudsters!!! I would like to wish the organizers of beglobalfund to stop stealing, and to learn decency, so that the trader remains with you, and then your profit will become super profit, it is obvious. I do not wish to trade with scammers anymore, and I do not advise you, at least not in the near future!!!
I made a minimum deposit and traded on beglobalfund both in plus and in minus. I decided to say goodbye to this platform after a month and withdraw funds. However, the broker did not withdraw the money, I ordered withdrawal twice :( Managers refer to technical failures of the server, because of which my money remains on the account for several days, as soon as the programmers fix the error, I will immediately transfer the funds. So I've been waiting for three weeks, it looks like I was personally cheated and will not be able to withdraw my deposit.
I want to note the possibility of depositing and withdrawing funds in stablecoins, which is especially relevant in connection with the development of digital payment systems, this is the main among the merits of the site. Another significant plus is the advanced analytical base, which includes advice from experts, current trading signals, and in-depth analysis of market sentiment. As for the spread, it remains stable even during the publication of important news, which excludes unexpected expansions. However, like any service, beglobalfund.com has its weaknesses. Mainly, there is one big disadvantage - it lacks licensing and regulation.
Perhaps the company is not aimed at honest business. The description of the platform is very tempting, but in fact at beglobalfund.com: increased spreads during the news, instability, problematic login to the personal account, sluggish site, the difference between quotes from the stock exchange, and a terrible process of withdrawing money:( My initial deposit of £10,000 I was helped to drain to £ 2,000 within one month, and I am not allowed to withdraw even this balance. I am willing to receive the funds with the commission and agree to any withdrawal method. The broker has constant claims to all my documents and various excuses. Now I think where to write a complaint, because I am tired of this negativity. This broker behaves in an unseemly manner.
Freezes and slippages occur on the platform, almost daily. However, Beglobalfund has many trading clients, apparently, they are newbies. The trading terminal has fairly good functionality, but there is extremely slow execution of orders, which does not inspire me with much confidence :( I suspect that there is some fraud on this platform (it happens with transactions for amounts over 100 dollars, as a rule). Withdrawal of money from the account is slow, the money you will have to wait 5-6 days at best, and in the worst case you will have to wait 7-10 days. The withdrawal fee is high - 5 percent :( I do not advise you to trade here, this project can leave you without money.
My deposit was completely drained in a week, 2000 dollars went into minus absolutely because of the terrible work of the broker. The risks of losing funds are maximum on this site, and the chance to get a profit is minimal, but the broker assures the opposite, that this is the most modern trading strategy from its highly qualified specialists, but in fact from scammers. Scam organizers just openly help clients drain their deposits. But what surprised me most of all was the insolence of the managers when they started to persuade me to continue trading: that beginners have failures in the beginning, and that I should make another deposit, from which I will definitely start earning profit!
I could not pass the verification. It was strange that the broker was accepting my money without any problems, and now I can't withdraw my deposit. I decided to communicate with tech support. But my account was blocked after our short correspondence. Now I am not interested in any bonuses and insurance, because I did not have time to work here and lost my entire deposit of 857 euros! I do not recommend this broker!!! Your account may be blocked for no reason!
This platform deserves your attention. The broker beats its competitors and is able to gain credibility among traders. I am attracted by low spreads. Especially I want to emphasize your attention to the possibility of crypto trading on weekends. In my opinion, when working with such a broker, it is important to be extremely careful. Personally, I have not had any problems or conflict situations with BeGlobalFund, however, I would recommend withdrawing your funds regularly to ensure the safety of your investment.