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Beci (beci.pro) is without a doubt a %100 fraudulent brokerage firm. It is NOT a real broker! Stay away! Beci scam works by getting you to believe you can become rich by trading with them.
Beci Review
Scam brokers are nothing new. Even those who do not trade are aware that online trading scams happen and they involve fraudulent brokerages. But, it is surprising to discover that even though there is so much awareness about these scams, they are still quite widespread. Millions of people have lost their hard-earned money to such frauds and they continue to do so with each passing day.
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Why is this happening? It is because these criminals are good at what they do, so they are able to fool people. But, you can see in this Beci review that these scams will always have signs that tell you the truth.
Gone are the days when scam websites could be spotted right away because of their poor design and content. Today, there are software available that can be used for creating professional websites that give just the right impression. The biggest mistake that people make is to take everything at face value and not realize that it could just be a façade. This is how these fraudsters have been able to hoodwink so many people because they know all the tricks in the books.
They are aware of how to lull people into a false sense of security and before you realize it, you will be trapped and they will leave you high and dry. If you do not want to be in this boat, you need to do your due diligence, which means not taking anything at face value. You should ignore everything a brokerage is telling you and check everything yourself to ensure you are not being led on. This approach comes in handy with Becithat has an incredibly professional website. At first glance, there does not seem to be anything wrong with it.
It is only when you do your due diligence that you find out that Beci has some signs of a scam that reveal its true nature. You can go over the signs here.
Virtually anonymous
The characteristic that often sets legitimate and fraud brokers apart is their regulatory status. The former will be regulated, while the latter will not. This is because regulation means complying with laws, meeting certain requirements and offering transparency and security. A scam would obviously not make such efforts, while a genuine brokerage always would. Where Beci is concerned, you will find that there is no mention of a license or regulation on its website.
You can scour through the details and not find anything mentioned regarding regulation. If you try to verify on your own, you will come to see that Beci seems to be virtually anonymous. There is no information about where the company is based or licensed. In fact, they do not seem to have any contact information available either. All they give you is an email that you can use to get in touch with them and that is all the information you will find.
How can you trust an anonymous broker with your personal information and your money? Only a scam brokerage would ask such a thing because they are not interested in building any credibility and this is precisely what Beci seems to be doing.
Malicious bonus policy
The second sign of a scam that you will discover at Beci is the fact that it is offering trading bonuses. Bonuses should be a good thing and they were considered so in the financial markets for a long time. However, things changed when the policies associated with these bonuses became more and more outrageous and regulatory bodies had to step in and ban these bonuses because they were exploiting traders.
Therefore, legitimate brokers do not usually offer bonuses these days, yet Beci is doing so. To make things worse, you will see that they also have a malicious bonus policy. According to the details, you have to achieve a certain trading volume to be able to withdraw your funds after your account has been credited with a bonus.
A look at the trading volume you have to achieve shows that it is next to impossible to reach it, which means that Beci is only using the policy as an excuse to keep your money. This is a common scam tactic because legitimate companies would never block you from accessing your funds.
No trading platform
What is the one key feature you need for online trading? You need a trading platform because it allows you to connect to the markets in real time and execute trades. Every broker provides a trading platform and this is what Beci also advertises. As a matter of fact, it touts the MT5, which is the top trading platform in the market, but this is just a lie.
The MT5 that you will find on the Beci website is the generic version of the platform that you can download for free from the MetaQuotes website i.e. its developer. The platform is not related to Beci in any way and you do not need to sign up with the broker to access it. This means that there is no functional trading platform offered by Beci and it makes it clear that no trading services are offered by it.
High minimum deposit
The minimum deposit that Beci is demanding is as much as $1,000 and this is also sign of a scam because most companies are opening micro accounts for as low as $10 these days. Even if they need to ask for a bigger deposit, it should never be more than $250 because this is considered the standard. Yet, Beci wants four times as much because it is a scam.
Only crypto deposits
Last, but not the least, you will notice that Beci only allows crypto deposits, such as Bitcoin, Litecoin, Tether and Ethereum. They may be advertised as modern methods, but they are problematic because crypto transactions are anonymous and they do not qualify for a chargeback. This means that once you have deposited, your money will not be refunded if you are scammed.
Closing Thoughts
Once you find these signs of a scam, it becomes quite obvious that Beci is only trying to con you and you should know better.