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

In this section we will tell you if we consider that the company ByDzyne 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 ByDzyne and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitebydzyne.com
🏠 CompanyByDzyne, Inc
RegulatoryNot regulated
📧 Email[email protected] - [email protected]
📈 LeadingOwn platform
📌 DirectionUnknown
🕑 Website ageWebsite registered on: December 30, 2018
Company typeMultilevel Marketing Company

Company: ByDzyne is owned by ByDzyne, Inc.

Location: This company is based in the United States.

What is ByDzyne?

After having carried out an analysis of the company's website, we can say that ByDzyne is an e-commerce platform that applies Multi-Level Marketing strategies. They offer automated investments

Account types

The company does not provide information about having different types of accounts.

Information on the web

ByDzyne website

Here we show you a screenshot of the ByDzyne website, which is bydzyne.com. The capture was made in November of 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: 1 (307) 429-0799

– We have found the following emails: [email protected] - [email protected]

* ByDzyne regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

This company presents us with a very worrying situation; It mentions absolutely nothing about its regulation. What does this make us think? We are talking about an unregulated company. What does it mean? This means that clients and all their money are without any type of protection. That is to say, if the company 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!

🚫 ByDzyne Final Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of ByDzyne and we have reached the following conclusions about this company:

Location: The company is located in the United States.

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.

They offer returns so high that we believe they are false.

They have been denounced by the financial regulator of Ecuador.

We noticed that the company apparently is linked to scam companies or companies with a very bad reputation.

It is a company that offers automated investments, something considered a possible scam, please be very careful.

Warning about ByDzyne:

It is important to exercise caution when considering participation in the e-commerce platform byDzyne. There have been numerous concerns and complaints online about its multi-level marketing model, which has been compared to pyramid schemes. These schemes often present significant financial risks to participants, as the compensation structure can focus more on onboarding new members than selling actual products. Before committing to byDzyne, it is recommended to thoroughly research and consider the experiences shared by other users to make an informed decision and prevent potential negative financial consequences.

🚨🚨 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. 🚨🚨

Video review of ByDzyne

Updates

News about ByDzyne:

Date Update – news
April 2022Complaint against ByDzyne from financial regulator: Superintendency of Banks (Financial Regulator of Ecuador).
October
2022
ByDzyne is linked to FxBitCapitala company with a bad reputation. WE SUGGEST EXTREME CAUTION.
July 2023According to messages received, people linked to ByDzyne are: ”ACCORDING TO SRI DATA – RUC: 179310377400 – Company name: BYDZYNE ECUADOR SAS – Legal representative: RAMOS CASTILLO OSWALDO MANUEL with Identification: 1708440787 – Address: 1.- PICHINCHA / QUITO / MARISCAL SUCRE / DIEGO DE ALMAG RO E7-59 AND LUIS CORDERO 2.- PICHINCHA / QUITO / AV. COLON AND DIEGO ALMAGRO (LAS TORRES DE ALMAGRO) OFFICE 42A FLOOR: PB.

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

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

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


How to Claim Money Scammed by ByDzyne

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 ByDzyne

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 ByDzyne?

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 ByDzyne?

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 ByDzyne trustworthy?

No. ByDzyne is not reliable, it is a very unsafe company: 1) does not have any type of regulation 2) The company has pyramidal characteristics, it mentions returns so high that we believe they are false

How to get money back from ByDzyne?

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.

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.

147 comments on «ByDzyne: Opinion and comments – Is it a scam?»

  1. José Reply

    The worst decision they can make is to enter this scam company, even if you want to recover your money before the 3 business days you invested, they will not return a single penny. I am from Ecuador and the only thing I can say is that it is a company that sells smoke, do not fall for the lies of all paid trips, 5 star hotels, high monthly salaries, none of that is true, it is one more pyramid where you have to put people to this, would you be able to convince people to lose their money that they obtain with so much sacrifice?
    Do not make this mistake, do not be convinced of this great lie and scam.

    • Recommended-brokers.com Reply

      Hi Jose, thanks for commenting on ByDzyne. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

      • Danny

        How am I from Ecuador? Quito, they invited me to the Paseo San Francisco event on Sunday, March 20, and I went to that event where Gustavo Salinas was with the bydzyn company. They gave a talk on how to be a seller and how to know how to run a business. on how to sell Web pages ect.
        And a partner of that business wants me to be a partner with them, the sum is 1.150 to associate with them and they themselves make a loan to be able to enter. I want advice or an exact signal if that company is legal or what they are telling me.

      • Recommended-brokers.com

        Hello Danny, it's A MLM SCAM, you will end up losing your money, you can search for the broker on our website, we have a review and many negative comments.

        Greetings.

      • Oscar

        1.150 are not necessary to enter, those people want to steal from you, directly from the page you can enter and it is worth more than 300 USD

      • jamie ramirez

        another ponzi scam, do not enter

    • IRON Reply

      We can perhaps unite all of us who were scammed to make a sit-in and make this scam company look bad

      • Ximena

        I agree, contact me on this FORUM

  2. Vanessa Reply

    I'm from Ecuador and this company bydzyne is a big scam they paint the business in a way that is not just pyramidal you have to get people to earn while you don't do it you don't earn a penny don't fall into their trap anymore known thieves scammers

    • Recommended-brokers.com Reply

      Hi Vanessa, thanks for commenting on ByDzyne. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  3. key Reply

    Bydzyne SAs Ecuador valle de los chillos the sponsors brainwash us by making us see everything nice until the goal of paying for a package is achieved, and that you can earn by selling websites, in trading, you have a trip to Mexico for two people the hotel with the three free meals, bone of course, one thinks that all that lasts for a year because it is 1219 dollars, after that they start telling you how it works and that to win you have to enter people and pay each month, and of course you want to recover the money later to know that it is not the business that one wants and there if they turn their back on you they do not know anything about the company, they block you they do not answer the phones or emails of the partners they behave super bad people knowing the need and how much it cost one to be able save that money, they have no mercy.

    • Recommended-brokers.com Reply

      Hello chave, do you have the exact address of where they are? Thank you for commenting on ByDzyne. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Pao Reply

      Hello friend, threaten to report them to the town police station, I did it to get my money back, and they justified that they all have permits in order, but talking so much to the person I got involved with managed to recover a part, but I need another .

  4. GISELA PACHECO Reply

    Hello, in my country a great friend (Colombia) has offered me the business. I have investigated and even found the creation of a fictitious consultancy company for Bydizene, I would like to know how to alert many more people, there are many unsuspecting acquaintances who washed their brain and have put thousands of dollars because they offer incredible returns.

    • Recommended-brokers.com Reply

      Hello GISELA, the most important thing is always to make the facts known and that everyone knows through websites, forums, social networks what these scammers do. Also, if you have been affected by scams, you should file a complaint with the police in your country.

      Greetings.

  5. erick Reply

    Hello, my name is Erick, I have no experience in that company, but if I have been able to see a couple of people who are part of it on the networks, and they show that they earned a lot of money, how did they manage to do it? perseverance? dedication? because some go far and others nothing, that's my question

    • Recommended-brokers.com Reply

      Hello Erick, basically those who say that they become millionaires are from the company itself and the others are those who have been deceived by them into believing that money falls from the sky. You have to be a little more awake and realize the thousands of companies that scam unsuspecting people who believe everything they are told.

      Greetings.

  6. Nelson Aviles Reply

    THANKS FOR THE WARNING! I WAS ABOUT TO INVEST A BIG AMOUNT AND I JUST CAME OVER THIS BYDZYNE REVIEW, THANK YOU, BLESSINGS FRIENDS

    • Recommended-brokers.com Reply

      Hi Nelson Aviles, thanks for commenting on ByDzyne. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  7. Martha Cortes Reply

    My question is in bydzyne is there really a package of 5000 thousand dollars to be a founder? And that the tasks are done automatically? It is prohibited that a few days ago they gave us a meeting by zoom

    • Recommended-brokers.com Reply

      Hi Marta, No, it's not true!!!, it's a pyramid scheme, thanks for commenting on ByDzyne. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  8. simon ferreiro Reply

    Guys I was able to recover my capital by following the steps that you mark above, take a look

    • Recommended-brokers.com Reply

      Hello Simon Ferreiro, Great!!!, thank you very much for notifying us, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them, you can read your review.

      For others who want to get their money back, they should try to talk to our chat or click on this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings and good luck.

    • franklin cortez Reply

      Good morning, they are offering me, I have insisted that I enter the broker that
      I haven't done it yet but I already see the bad scam comments thanks for letting me know

  9. Olga A. Reply

    A girl Lesly Arcos Minda offers a Bydzyne franchise on whatsapp employment networks, she only gives a cell phone number that she never answers and sends a message to hold a Zoom meeting, promising that they will earn income

    • Recommended-brokers.com Reply

      Hi Olga, it's a pyramid scheme, thanks for commenting on ByDzyne. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  10. Laura Jimenez Reply

    I made my investment with these chantas and I regret it, nothing is what it seems to be, I feel cheated

    • Recommended-brokers.com Reply

      Hi Laura, thanks for commenting on ByDzyne. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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