BizzTrade LTD Review – Is Investing in Bizzltd.com Safe?
About BizzTrade LTD
BizzTrade LTD is an unregulated broker with several red flags, so it is extremely risky for traders. The Cyprus CYSEC regulation (license number: 312/16) it boasts is suspected to be a clone, which is questionable in terms of credibility.
The website is non-functional, and the broker lacks verified trading software, making it unreliable. It has also received four complaints on WikiFX in the past three months, indicating a pattern of dissatisfied users.
With a WikiFX score of 1.10/10, negative reviews, and a low domain trust score, BizzTrade LTD appears highly untrustworthy. Traders should avoid this platform to prevent financial loss.
Company Name – BizzTrade LTD
BizzTrade LTD Website – http://bizzltd.com/
Address – NA
Regulatory Warning – Not Recommended By Review Website Like Scams Report
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
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Is BizzTrade LTD Legitimate?
There are various concerns seeking legitimacy for BizzTrade LTD:
- Lack of Regulation: It means investors risk facing extreme financial loss.
- Withdrawal Issues: The users often encounter excessive fee charges, delay, and refusal to withdraw the amount.
- Regulatory Warnings: Various regulatory authorities have issued warnings against unpinned investments.
- False Promises: The values stating very high returns with low risk may indicate underlying flaws.
- Company Information Not Clear: Little information is available regarding ownership and the business’s location.
- Manipulative Practices: Some platforms can present false profit figures or block your money access.
Things You Need to Watch For
- Unverified Licenses: Any corporation saying it is registered has to be verifiable through official financial authorities.
- Hidden fees and terms: Most scam websites charge unexpected fees when trying to withdraw.
- Anonymous Operations: No defined company details; ownership is unknown, and offices are unverified.
- Changing Terms: Conditions of withdrawal become too stringent, or new provisions are introduced, after deposits.
How to Stay Safe?
- Research any investment platform thoroughly before depositing funds.
- Check the licensing at the official regulatory website.
- Watch out for websites offering high returns without any risk involved.
- Do not share sensitive personal or banking details with unverified entities.
- Report fraud cases promptly to financial authorities in case the suspect fraud happens.
What to Do If You Suspect a Scam?
Take the following steps if you have been scammed by bizzltd.com:
- Contact Your Bank or Payment Service Provider: If you used a credit card or any other banking method to pay, then you can make a chargeback at the bank or the service provider.
- Collect Your Evidence: Keep all the records including transaction details, emails, and any form of communication you had with the platform.
- Report the Incident: Contact your country’s financial regulatory department and law enforcement.
- Get Expert Help: Professionals of Scams Report can help trace the stolen funds and further discuss recovery options.
Fill out the form above to connect with experts. Act fast—time matters when recovering funds.
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Note: The information provided in the above BizzTrade LTD review is derived from existing web bizzltd.com reviews. Please be aware that we cannot be held liable for any legal action taken by BizzTrade LTD company. If you have any inquiries or concerns, kindly reach out to us via email at admin@scamsreport.net.
