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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

BWSTOCK

United States|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.bwstock.com/

Website

Rating Index

Contact

4001208916
cs@bwstock.com
https://www.bwstock.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
United States
Operating period
5-10 years
Company Name
BWSTOCK LIMITED
Abbreviation
BWSTOCK
Company employee
--
Customer Service Email Address
cs@bwstock.com
Contact number
4001208916
Company website
QQ
800833298
Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

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

5
Website
Company Summary
Review

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Official website

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.

BWSTOCK Information

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.

Is BWSTOCK Legit?

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.

Negative BWSTOCK Reviews on WikiFX

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

ClassificationUnable to Withdrawal
DateFebruary 14, 2019
Post CountryHong 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

ClassificationUnable to Withdrawal
DateJanuary 5, 2019
Post CountryHong 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.

Trading Platform

Customer Support Options

For any question you might have, help may be available by phone (4001208916) or email (cs@bwstock.com).

Customer Support Options

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

Review 5

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