The brokerage company is registered under the laws of St. Vincent and the Grenadines and works with clients from an office in Dubai, UAE. According to the information on the website, the project was founded in 2021. In addition, the intermediary claims that its operations are licensed, client funds are completely safe, and invites users to trade on its “advanced platform.”
Does the firm provide reliable financial services? Our review of Bemo Investment Firm LTD will help you understand the legitimacy of the broker and the quality of its trading environment.
How to Trade
Clients of this platform gain access to the markets for stocks, metals, futures, options, currency pairs, and bonds. The brokerage company provides:
- 5 types of tariffs.
- Spreads from 0.1 pips.
- Liquidity from more than 20 suppliers.
- Execution speed of 50,000 trades per second.
- Referral program.
The intermediary guarantees work on the platform without failures and with a minimum slippage of up to 3 milliseconds. Transactions are conducted via bank cards, cryptocurrency, and bank transfers.
Additional services offer a deposit bonus, news, and description of instruments. Users can get prizes when participating in promotions.
Bemo Investment Firm LTD Vital Info
The company does not disclose a detailed history of its activities and the names of its managers. It is worth noting that the start of the project is indicated in 2021, and that it allegedly received its license in 2008. Which of these two dates is correct? The domain registration can give us an accurate answer about the platform’s life. However, the site’s name was created very recently, only at the end of April 2024.
We saw in the legal documents that the firm is registered under the laws of St. Vincent and the Grenadines (“Privacy Policy”), legal proceedings are conducted under the laws of Hungary (Terms of Use), and its office address is in the UAE (website footer). Our search for the company in the SVGFSA registry did not yield any results. However, we found Bemo Investment Firm LTD in Dubai, it has been operating since 1968 and has a financial license dated March 11, 2008. Its official website, bemobank.com, does not contain any information about the broker operating at bemoinvestmentfirmltd.com.
Be careful with this broker! I invested 2,000 euros in this company and I made about 10% profit in two weeks. But when I tried to withdraw the funds, they refused me on unclear grounds. This is totally unacceptable!
The platform has both its pros and cons. The terminal is there convenient for work, but sometimes there are technical glitches here that interfere with trading. Fees are higher and assets are smaller when compared to its competitors, and you should consider these factors when choosing an agent. Customer support responds, although not as quickly, sometimes I have to wait much longer than I expect. In general, for those who are just starting to trade, this broker can be a good option, as the entry threshold is quite low.
I worked here for almost a month, and then ordered a withdrawal, $820, but they never reached me, because the managers constantly demanded to pay extra for something, persuaded me to fund my account, allegedly I urgently need to buy shares, and so they do not return my earnings under various pretexts for several days. Well, let them keep my money, but they will lose more on their reputation! I am convinced that BEMO INVESTMENT FIRM LTD work dishonestly, I realized it on my own experience. I advise you - do not get in touch with this company, you will remain at a loss.
I am satisfied with the work of Bemo investment. I have withdrawn funds, the amount of which is much more than my initial deposit (4,320 euros) for the whole time I have been working here, about 1 year, so I am sure that this company does not work against me and is interested in what I earn, as they earn together with me on commissions and other payments.
I have mixed feelings and impressions about this brokerage organization. Although I am not an experienced trader and I do not understand brokerage platforms very well, but my intuition tells me that I should not invest money in Bemo Investment Firm LTD. At least, I should not make a large and serious investment that I would be sorry to lose. Maybe I am wrong about the broker's safety and it works flawlessly, but it's better to be safe. The thing is that some important points surprise me, like the fact that the firm is headquartered in the UAE, yet the platform doesn't have an Islamic account or license number from local regulators, and it doesn't have the approvals of some other countries' financial commissions. If I am in Mexico, I have to assert my rights in Hungary??! That's some nonsense!!! Maybe these all shortcomings will be fixed in the future, maybe this firm is still new and it is just going through the license stage. But that doesn't change the fact that at the moment there are no licenses on bemoinvestmentfirmltd.com. That's why I will not deposit large funds and you do not advise you to risk, check the functionality of the site on small amounts, no more than 100 dollars. You will not be so sorry to lose this money later, if the forex intermediary turns out to be a fraud.
Guys, before you start working with this "company", think very carefully. Because of them, I got into a very difficult financial situation. Very bad attitude towards the client. Unprofessionalism, pulling out money and the inability to withdraw funds from a personal account. This is what I encountered here.
this company extracted more than 20,000 Canadian dollars from me, each time saying that I had topped up and would get my money back. I have been talking to them since May. I have more than 40+ funds in their account. but again they ask for money to close the account. which is blocked, as if it were my fault. if it's a scam.