Score
BWSTOCK
United States|5-10 years| https://www.bwstock.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United States
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed BWSTOCK also viewed..
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Website
bwstock.com
Server Location
Hong Kong
Website Domain Name
bwstock.com
Website
WHOIS.VERISIGN-GRS.COM
Company
-
Server IP
45.195.255.21
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.
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.
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.
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
| Classification | Unable to Withdrawal |
| Date | February 14, 2019 |
| Post Country | Hong 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
| Classification | Unable to Withdrawal |
| Date | January 5, 2019 |
| Post Country | Hong 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.
Customer Support Options
For any question you might have, help may be available by phone (4001208916) or email (cs@bwstock.com).
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.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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FX2229959655
Hong Kong
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
Exposure
2019-02-22
FX2229959655
Hong Kong
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.
Exposure
2019-02-22
FX2229959655
Hong Kong
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
Exposure
2019-02-22
FX6599812499
Hong Kong
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.
Exposure
2019-02-22
李奎
Vietnam
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.
Neutral
2023-03-21