✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in BCM. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about BCM and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | begincapitalmarkets.com |
| 🏠 Company* | BCM Begin Capital Markets CY Ltd |
| ️ Regulatory | CySEC |
| [email protected] | |
| 📈 Leading | BCM |
| 📌 Direction | Cyprus |
⚠️ BCM is owned by BCM Begin Capital Markets CY Ltd, the company is located in Cyprus, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
We now go on to analyze the account types offered by BCM, in this case, we observe that it does not offer account types.
Information on the web
BCM provides an explanation of the services it offers, market news and analysis, video tutorials, FAQ section, not much else.
List of phone numbers
+357 25 030 565
🚫 Final assessment of BCM 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH BCM.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about BCM:
| Date | Update – news |
|---|---|
| February 2023 | We receive a large number of messages from BCM clients who claim that they cannot withdraw their capital. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with BCM.
At the end of the review you will find customer comments.
How to Claim Money Scammed by BCM
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report BCM
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report BCM?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is BCM a scam – is it a scam?
Yes. We believe that BCM is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is BCM reliable?
No. BCM is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from BCM?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to BCM?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Hello, I don't recommend them, everything seems very good at first but then they ask you to complete some tasks and you actually earn some money but then they give you a very high rate which is difficult to pay, be very careful. DON'T THE SAME HAPPEN TO YOU AS IT HAPPENED TO ME.
Hello Kevin, thank you for commenting on begincapitalmarkets.com, because in our opinion they have unsafe regulation, therefore we do not recommend it. It is also a broker with no track record, which also seems to us to be a point against it.
Do you have names of advisors, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
regards
Hello, are they reliable? I would not want to lose my money with this broker. Greetings
Hello ACosta, thanks for commenting on begincapitalmarkets.com, because in our opinion they have an unsafe regulation, therefore we do not recommend it. It is also a broker without a track record, which also seems to us to be a point against it.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards