The brokerage firm promises potential clients an exciting journey along the “road to financial freedom”, boasting about the abundance of benefits and exclusive features of its platform. Meanwhile, “one of the biggest brands in the CFD market” hides the date of its foundation and does not provide a license or its legal address.

Can you trust your investments to this company, or is it dangerous to do business with it? In our ByronPlusGlobal review, we will find out whether this broker is reliable or a typical fraud.

How to Trade

The company’s clients can start trading with $250, although the lowest trading plan requires a minimum deposit of $2,500. The broker offers the following services:

  • 6 types of standard accounts.
  • 7 asset categories, including crypto and NFTs.
  • Islamic account without swaps.
  • Leverage from 1:1 to 1:1000.

The intermediary promises zero commissions for deposits/withdrawals. However, the spread sizes and payment procedure are not mentioned on the website.

ByronPlusGlobal presents only an authorization form on its website, including the registration button. The user agreement is not publicly available.

The “Education” section contains several short articles on basic trading concepts. Not all communication channels with technical support are active, for example, the WhatsApp and Telegram buttons do not work.

ByronPlusGlobal Vital Info

Anonymous owners of the project hide their names, as well as the history of the project. Can we find out the start date if the broker does not want to indicate it on the website? Yes, we can determine the age of the platform by the domain registration date. As one might expect, the domain name was registered not so long ago, only in June 2024. However, the founders of the firm could have been well prepared to launch the project without violating legal requirements.

Meanwhile, we did not find ByronPlusGlobal’s “biggest brand” in the global database of registered companies. Moreover, the site was allegedly operated by some Byron Plus Global as early as August 2024, as indicated in its web archive captures. Meanwhile, this organization is also not listed in the registers of legal entities of any country. Thus, the platform’s owners are working outside the legal framework and without a license.

FAQ

What are the key facts about ByronPlusGlobal?

The brokerage platform does not contain any data about the owners of the project and its managers. Besides, there is no information about the company's legal address, its registration number, or whether it has a permit for financial activities. In fact, this organization does not exist in the legal field.

What's the risk to my wallet when working with this broker?

There are no regulators overseeing the financial activities of this intermediary, which means that it can do whatever it wants with your money. In addition, you risk losing 100% of your invested funds because of the 1:1000 leverage, which is against all ‌standards. If this broker had a license from a reputable commission, regulators would hardly have allowed it to offer clients leverage higher than 1:30.

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