Score

1.52 /10
Danger

BISON

Singapore

5-10 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.09

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Bison Technology Pte. Ltd.

Company Abbreviation

BISON

Platform registered country and region

Singapore

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Is BISON a fraud? Truth in the loss is revealed!

Exposure platform: BESEN. Teachers: Li Dafu, Chen Zhicheng, Zhao Jiawang, Mr. Kong. Product: MSCI index. Account manager: Jiajia Broadcasting room: Houdezaiwu In early October I was pulled into a stock-exchange wechat group. Someone in said group was introducing stock relevant knowledge and recommending stocks. After some time of learning and investment, a teacher shared with everyone the current trends of the stock market. I thought it wouldn’t cost me to listen to the advice. After several days of observation, the stocks recommended by the teacher all increased decently, so I invested in some and benefited. A few days later, the teacher told us that in the near future benefiting from the stock market will be hard and suggested we withdraw and invest in BISON. It was said to be a T+0 trade, which would be easy to benefit from. Then the assistant teacher added BISON customer service into the group chat and asked everyone to start up an account. Seeing that everyone in the group invested, I followed with 100K RMB. The teacher disbanded the old chat group and rebuilt three different instruction groups according to invested capital, one group for 100k to 200k, one for 200k to 500k, and another for 500k+. In the beginning there were losses and benefits, but it was beneficial overall. Then the teacher told me that something big is coming and I should invest more, so that I could expand my profit and risk resistance. Considering my recent profits and screenshots of profits in the chat group, I added my investment to 50k USD on the second day. In less than two days, continuous mistakes cost significant loss in my account, leaving me with a couple thousand dollars. I found some maneuvers illogical, like refusing to quit when the market was ominous, and the deposit was heavy. I was saddened by my losses, so I tried communicating with my teacher, but the teacher threw all the responsibilities to me, like not following his instructions decisively and investing too little to control the risks. He suggested that I can double my investment as long as I invest more, but I have no abundant capital.

FX3792673861
2019-12-17 10:03
BISON · Company summary
AspectInformation
Company NameBison Capital
Registered CountrySingapore
Founded Year5-10 years ago
RegulationUnregulated
Market IntrumentsEquities, bonds, ETFs
Trading PlatformsMAIS Mobile
Customer SupportEmail: info@mais.co.mz;Phone: +258 21 24 56 00;Physical Address

BISON Information

Bison Capital, established in Singapore in the past 5-10 years, focuses on building a global financial services network. Its subsidiaries include Bison Bank and Bison Digital Assets in Europe, MAIS in Africa, and Bison Pay in Asia.

BISON Information

Pros and Cons

AdvantagesDisadvantages
Detailed customer supportLack of regulation
Long-established with extensive experience
Convenient and efficient trading platform

Is BISON Legit?

Bison Capital operates without regulatory oversight. Its domain, bison.com, is registered with Alibaba Cloud Computing Ltd. under the name servers dns21.hichina.com and dns22.hichina.com. The company is not regulated in its registered location, as confirmed by the absence of registration information with relevant authorities.

Is BISON Legit?

Subsidiaries

Bison Bank

Bison Bank is a Portuguese financial institution offering a range of services, including banking, asset management, and investment banking. It specializes in depositary and custody services for investment funds and operates a virtual asset service provider tailored for institutional and high-net-worth clients.

Bison Bank

Bison Digital Assets

Bison Digital Assets is a Portuguese bank-backed Virtual Asset Service Provider, licensed for the Exchange and Custody of Digital Assets. It connects traditional finance with cryptocurrencies like Bitcoin and Ethereum, offering instant fiat-to-crypto conversion, transparent pricing, and 1:1 asset custody.

Bison Digital Assets

MAIS

MAIS, S.A. is a financial services provider focused on supporting businesses and individuals in their investment decisions. It offers personalized financial advice and a comprehensive range of products and services for effective daily management.

MAIS

Bison Pay

You can create your Bison account at https://m.bison.com/#/login.

Bison Pay

Bison Bank——What Can I Trade on BISON?

Bison Bank provides trading options in three main instruments: equities, bonds, and ETFs (Exchange-Traded Funds). However, it does not support trading in forex or commodities.

Tradable InstrumentsSupported
Equities
Bonds
ETF
Forex
Commodities
Bison Bank——What Can I Trade on BISON?

MAIS——Trading Platform

MAIS offers MAIS Mobile, designed for easy account access and management. The app is available for download on both the App Store and Google Play, making it accessible for a wide range of users. But it does not offer MT5.

Trading PlatformSupportedAvailable DevicesSuitable for
MAIS MobileWindows, Web Browser, Android, MAC, iOSBeginner and Experienced Trader
MT5Mobile and Desktop(Windows & macOS)Experienced Trader
MAIS——Trading Platform

MAIS——Customer Service

MAIS provides Physical Addresses and Contact Numbers through various business units located in Maputo, Boane, Chimoio, Tete, and Xai-Xai in Mozambique, each offering specialized support for corporate and private business needs. Customers can visit https://www.mais.co.mz/contactos for specific information.

The general contact office can be reached at +258 21 24 56 00, and via email at info@mais.co.mz. Additionally, feedback can be submitted through suggestions and complaints channels.

CategoryDetails
Physical AddressesAv. Julius Nyerere n.º 2385, Maputo City
Av. 24 de Julho n.º 1913 R/C, Maputo City
Av. Eduardo Mondlane n.º 72, Boane
Rua Dr. Araújo Lacerda n.º 639, Chimoio, Manica
Av. 25 de Junho, Bairro Josina Machel, Tete
Av. Samora Machel n.º 1017, Xai-Xai
Emailinfo@mais.co.mz
Contact NumbersGeneral Contact: +258 21 24 56 00
Maputo City: +258 82 30 58 130
24 de Julho Unit: +258 82 30 07 990
Boane Unit: +258 82 30 58 245
Chimoio Unit: +258 82 30 56 691
Tete Unit: +258 82 30 64 361
Xai-Xai Unit: +258 21 24 56 00

The Bottom Line

Bison Capital offers a range of financial services, and trading on Bison Bank is suitable for those interested in equities, bonds, and ETFs. However, the lack of regulation may deter investors seeking a secure trading environment.

FAQs

Is this broker safe?

No, Bison Capital operates without regulaion, which may make trading with them less secure.

Is this broker good for beginners?

No, the lack of regulation might be a drawback for those seeking a secure trading environment.

Is this broker good for day trading?

No, the absence of forex and commodities trading limits options for day trading strategies.

Risk Warning

Please understand the risks and notice that information may change.

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Comments

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Bright John
more than one year
I wouldn’t even give BISON a star but forced, to write a review. They are just crooks trying to scam people. You can only deposit but never withdraw. Do not go near them.
I wouldn’t even give BISON a star but forced, to write a review. They are just crooks trying to scam people. You can only deposit but never withdraw. Do not go near them.
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2022-12-07 11:02
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