✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company Billionaire Trade is a safe company or an unreliable company. Read our full analysis to find out everything!
We analyze the website, observe every detail and 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...
Below we will show you essential information about Billionaire Trade and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | billionaire-trade.com |
| 🏠 Company | Billionaire Trade Ltd |
| ️ Regulatory | Not regulated |
| Does not have | |
| 📈 Continental | cTrader |
| 📌 Address | 1 Davies St, London W1K 3NE, UK (false) |
| 🕑 Website age | Website registered on: April 19, 2023 |
| ❓ Company type | Cryptocurrency, CFDs, Forex and Commodities Broker |
Company: Billionaire Trade is owned by Billionaire Trade Ltd.
Location: Billionaire Trade does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.
We can already tell you that we are concerned about several characteristics of this company.
What is Billionaire Trade?
After having carried out an analysis of the company's website, we can say that Billionaire Trade is a cryptocurrency, cfds, forex and commodities broker.
Account types
The company does not provide information about having different types of accounts.
Information on the web
Here we show you a screenshot of the Billionaire Trade website, which is billionaire-trade.com. The capture was made in November of 2023.
Contact: phone numbers and email
After having performed an analysis of the website:
This company does not provide any contact details; No email or phone number. What does this mean? That a company does not provide contact information is a very bad sign. Imagine that you have a problem or complaint and you have no way to contact them. It sounds really bad, doesn't it?
Billionaire Trade Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 Billionaire Trade final valuation 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Billionaire Trade and we have reached the following conclusions about this company:
Location: It mentions being located in a place considered safe such as the United Kingdom, but we believe that this is false information with which they try to deceive customers.
Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.
In addition to this the company has pyramidal characteristics, please be careful.
The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.
Warning about Billionaire Trade:
When analyzing Billionaire Trade, an online broker that offers forex, cryptocurrency and commodities services, it is crucial to highlight certain aspects that raise serious doubts about its reliability. Despite claiming to be based in the UK, evidence suggests this information is false, raising concerns about the company's honesty and transparency. Even more worrying is the absence of any mention of regulation, indicating that we are dealing with an unregulated entity.
Lack of regulation and the presentation of misleading information are significant signs of potential risks for customers. Those considering using the services of Billionaire Trade are advised to exercise extreme caution and look for brokers with a track record of transparency and adequate regulation to ensure the safety of your investments.
🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨
Billionaire Trade Video Review
Updates
Billionaire Trade News:
| Date | Update – news |
|---|---|
| November 2023 | It mentions being regulated by a fake regulator (with website brokerageentities.com) |
| November 2023 | They mention being located in the United Kingdom but we have reason to believe that this information is also false. Be very careful with these types of companies. |
| December 2023 | Complaint against Billionaire Trade by the financial regulator CONSOB |
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 Billionaire Trade.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Billionaire Trade
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 Billionaire Trade
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
Are there (recommended) alternatives to Billionaire Trade?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report Billionaire Trade?
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 Billionaire Trade reliable?
No. Billionaire Trade is not trustworthy, it is a very unsafe company: 1) Its true location is unknown. 2) It does not have any type of regulation 3) The site is relatively new, which indicates its lack of experience in the field
How to recover money from Billionaire Trade?
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.
I started by investing €249 through a certain Ellen... she did daily operations of small amounts and everything was fine... she called me every day until I convinced her that I couldn't talk daily because of my work, then she passed me with an AI that would be the that would do the operations, then everything changed, the AI obtained very good amounts, in a few operations I reached €20.000 and we proceeded to withdraw... here the bad thing began, I had to pay 27% of that amount to declare it and for everything to be legal … deluded of me, I made a transfer of €5.400, everything seemed to be going well until that money went through a platform called Kraken in which it ended up being a cryptocurrency and disappeared… the next day this Ellen tells me that there is an error and that they will refund us that money because the taxes are something else, I have to make another transfer of €5.500 to be able to declare that money, I tell her that when I have the €5.400 again I add €100 and that's it, she tells me that it has to be in the day, we can't wait... due to personal reasons I couldn't attend to her anymore, she called me 5 times, I sent her a WhatsApp saying that it wasn't what we had talked about and that she was leaving me with nothing!! I have a 5-month-old son, my wife is unemployed and I earn the base salary, which made me miserable… she always answers you like she wants to help you for that, that she is “protecting” you, that she would never do something bad that affects my baby told me the very... well... waiting for a response since yesterday, we'll see what happens to me, I know I've been scammed and it's all my fault for thinking that you can get money so easily
Hello IGOR, they are people without soul, without scruples or empathy, they keep the money from the moment it arrives and they pretend that they carry out operations with a demo account, there they write down the figure that you sent and they generate the supposed profits that you will never be able to collect anymore. that have been made with DEMO accounts that are manipulated by them. This broker scams all clients, they manipulate the platform and the figures to make you believe that you have earned a lot of money, that money will never reach your account and they will ask you for more for any invented reason. Thanks for writing about Billionaire Trade. 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.
BILLONAIRE .COM FRAUD AND SCAM
Hello, I started on July 12, 2023, it was called Tolearni.org, and I soon realized that it could be a scam so on August 31, I stopped investing after putting in 2050 euros and getting information about the platform that changed its name after two months by Global Trade Protocol Dashboard htpps://panel .billionarire-trade .com/client/default/All, and my suspicions grew more when I managed to reach €40.000, in which they asked me €4.000 to send me the €40.000 to my account, even if I reached an agreement that was subsequently not fulfilled,
The following two months they changed the https //panel again. billionaire-trade .co/client/default/All, but this time they made us change the email of those who call us clients, but leaving €80.307 in the let's say old account since they added a 1 to my email, but I realized that in my first account I still had the same money and one day I told the supposed trader who taught me and I was watching it on my tablet, he told me that I needed to update, but what I saw was that he downloaded that money in I don't know if it was in an account or wallet,
but my account had already put the same amount two days before, at that moment I no longer had any doubt about the scam I had gotten myself into, I was more than 15 days without playing until he called me again, he offered me if I would help him In some special cases he would see a way to give me the money,
until today that I decided that enough of Blackmail, and Scam, his name is Max Johanson, another is Noel and two others are Italians, they operate supposedly from Liverpool, United Kingdom, they change their telephone number every two months and it is possible that they will change another one soon. time,
The Billonaire-Trade.com Platform has its own academy, it doesn't seem like they are the same people, it is located in Bulgaria, I became a follower of it and I can't say 100% that they don't act together.
Their phones cannot be called or they do not pick up although they use WhatsApp almost always. I currently have €207.393.04 generated and I think it will cost me, although it is already in the hands of the OCU in Spain and I have a couple of people who are also scammed.
This is what I can tell you about this platform.
Hello Juan, they keep the money from the moment it arrives and they pretend that they carry out operations with a demo account, there they write down the figure that you sent and they generate the supposed profits that you will never be able to collect since they have been carried out with DEMO accounts that are manipulated for them. This broker scams all clients, they manipulate the platform and the figures to make you believe that you have earned a lot of money, that money will never reach your account and they will ask you for more for any invented reason. Thanks for writing about Billionaire Trade. 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.