Score

2.06 /10
Danger

BWM Exchange

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

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Comparison

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Score

Regulatory Index0.00

Business Index7.32

Risk Management Index0.00

Software Index7.40

License Index0.00

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Website

Licenses

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

Leverate Financial Services Limited

Company Abbreviation

BWM Exchange

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 2. Please be aware of the risk and the potential scam!

WikiFX Verification

BWM Exchange · Company summary

Note: BWM Exchange's official website: http://www.bwm.exchange/ is currently inaccessible normally.

BWM Exchange Information

BWM Exchange is a broker with illegal supervision registered in Cyprus. Due to the closure of this broker's official website, traders cannot obtain more security information.

Is BWM Exchange Legit?

CySEC regulates BWM Exchange with a suspicious clone status. After a Whois query, we found that this company's domain name is for sale showing that this company has not registered it securely.

Is BWM Exchange Legit?
Is BWM Exchange Legit?

Downsides of BWM Exchange

  • Unavailable Website

BWM Exchange's official website is currently inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since BWM Exchange does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

Wealth Global is regulated by CySEC. However, a suspicious clone status increases risk.

Conclusion

BWM Exchange since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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