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Score
United States
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 4
Exposure
Score
Regulatory Index0.00
Business Index7.34
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
BWSTOCK LIMITED
Company Abbreviation
BWSTOCK
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
Note: BWSTOCK's official website: https://www.bwstock.com/is currently inaccessible normally.
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 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.
BWSTOCK is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
BWSTOCK's official website is currently inaccessible. So maybe it's time to find another brokerage.
There is a notable lack of information about BWSTOCK available online. This lack of transparency can really dampen investors' enthusiasm.
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.
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
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.
For any question you might have, help may be available by phone (4001208916) or email (cs@bwstock.com).
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.
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