✔️ Information reviewed and updated in October 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Beiwax. 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 Beiwax and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitebeiwax.com
🏠 Company*does not mention it
RegulatoryNot regulated
📧 Emaildoes not have
📈 Platformown platform
📌 Addressdoes not mention it

⚠️ Beiwax does not mention who it is owned by, the company does not mention where is located, potentially dangerous 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

Now we move on to analyze the account types that Beiwax offers, in this case, we observe that it does not offer account types.

Information on the web

Beiwax website

Beiwax provides a basic explanation about the financial products it offers, market news and analysis, live charts, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Beiwax Final Rating 🚫

Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH Beiwax.

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

Beiwax News:

Date Update – news
September 2023We receive a large number of messages from Beiwax clients who claim to be unable to withdraw their capital.

User Reviews

[democracy id = ”8696 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Beiwax.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Beiwax

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 Beiwax

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.

Frequently Asked Questions

How can I report Beiwax?

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 Beiwax a scam – is it a scam?

Yes. We think Beiwax 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 Beiwax reliable?

No. Beiwax 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 Beiwax?

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 Beiwax?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

12 comments on «Is Beiwax a scam? Opinions»

  1. MARTINORO Reply

    THEY NEVER LET YOU WITHDRAW, THEY ARE SCAMMERING DOGS. BE CAREFUL WITH THEM.

    • Recommended-brokers.com Reply

      Hello MARTINORO, thank you for writing about Beiwax. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. Julian Reply

    I am contacting you to ask for your help to recover my capital invested in the scam on the beiwax.com page. They asked me to deposit money to be able to start making withdrawals and after having deposited the requested amount they told me that the account, since it was new, had to having a premium status, that's where the scam comes in.

    The only thing I want is to know if you can help me recover my invested capital, I would appreciate it very much.

    • Recommended-brokers.com Reply

      Hi Julian, thanks for writing about Beiwax. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

  3. MartinCantu Reply

    Hello everyone, I managed to recover my capital thanks to this analysis! Blessings!

    • Recommended-brokers.com Reply

      Hello Martin, FANTASTIC!!!, how happy you give us, one more who has achieved it, from now on if you decide to invest, investigate the brokers before paying with your card, on our website you will find them all, read the review and the comments you find.

      If you have been affected by the same scam, you already know the way to recovery, contact CHAT or click here: CLAIM YOUR MONEY

      If you are looking for our recommendations click HERE

      Greetings and good luck.

  4. Ignacio Reply

    I created the account and acquired the 0.4 btc from Musk
    I tried to withdraw them they told me I had to fund 0.005 btc something like 135 usd
    I didn't do it, I think they are scammers, could anyone withdraw?
    regards

    • Recommended-brokers.com Reply

      Hello Ignacio, thank you for writing about Beiwax. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

  5. Daniela Reply

    This company will rip you off. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Daniela, thank you for writing about Beiwax. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

  6. Nicholas Reply

    Hello, today I made an account in beiwax for an Elon Musk drop in which they dropped me 0.41 btc but they asked me to transfer 0.005 btc to verify my account. I did it and now it asks me for 0.01 btc, does anyone know if it is a scam?

    • Recommended-brokers.com Reply

      Hello Nicolás, thank you for writing about Beiwax. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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