Is Bilaxy-club a Licensed Broker?The first thing to note about Bilaxy-club is that it is not a licensed broker. It claims to be based in the United Kingdom, but there is no record of it being registered with the Financial Conduct Authority (FCA). This means that Bilaxy-club is operating illegally and is not subject to the regulations and oversight that licensed brokers are.
Why Should You Not Trust an Unlicensed Broker?Unlicensed brokers like Bilaxy-club are not subject to the same regulations and oversight as licensed brokers. This means that they can operate without any accountability, and there is no way to ensure that they are conducting their business in a legitimate and ethical manner. Unlicensed brokers can also disappear with investors’ money at any time, leaving them with no recourse.
Can Bilaxy-club Be Trusted?
Based on the fact that Bilaxy-club is operating without a license, it is not advisable to trust them. In addition, there have been numerous reports of Bilaxy-club scamming investors and not returning their money.
What Do Traders Think About Bilaxy-club?
Traders who have had dealings with Bilaxyclub have reported various problems with the broker. These include issues with withdrawal requests being ignored, incorrect account balances, and difficulty contacting customer support. There are also reports of traders not receiving any profits or returns on their investments.
Scammed by Bilaxy-club? – Talk To Our Experts
If you have been scammed by Bilaxyclub, it is important to take action quickly. Our team of experts can provide you with a free consultation and service recommendations to help you recover your money. Contact us today for more information.