✔️ 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
| 🌐 Website | bydzyne.com |
| 🏠 Company | ByDzyne, Inc |
| ️ Regulatory | Not regulated |
| [email protected] - [email protected] | |
| 📈 Leading | Own platform |
| 📌 Direction | Unknown |
| 🕑 Website age | Website registered on: December 30, 2018 |
| ❓ Company type | Multilevel 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
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 2022 | Complaint 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 2023 | According 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
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.
Good afternoon, I wanted to know if bydzyne, BE and ZETA are legal
Hi Henry, it's a pyramid scam, 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.
Hello friends, I just want to tell you that bydzyne is the same IML or better known as (IMarkets Life) that later became (IM Academy) and now changed its name to BYDZYNE, increasing other services to be able to make up the matter, generating a store virtual, I dedicate myself to programming and the store is really a tremendously clear screen, the company's focus is clear on capturing people just as it was when it started back in 2017.
The company BYDZYNE with its same people, as I mentioned, began as IML, its service being trading or foreign exchange business, which according to them has a platform for copying and pasting, the school is a fiasco, it contains very basic information that you can find in libertex or in the YouTube itself, be very, very, very careful.
Delimiting what was said, all the creators or examples to follow who are always at the top in generating money came from Fuxion, not to mention their names, especially those they represent in Ecuador.
Hi Kike, 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.
Hello!!! Trading signals to win are not real?
Hello, I have no knowledge of bdzyne but what you say about IM is a lie, I was for some time in the academy, I learned a lot about the markets and I leveraged the signals to grow my capital, it is an education academy where you are the one who manages your time and your money and you carry out your own operations, and like any university if you study you learn but you never have to pay money, you only pay the monthly fee for your education.
Hi Johana, IM is a scam, it has been denounced by thousands of users and many financial regulators from different countries, it is even considered a cult, wake up from your dream and start living in reality.
Greetings.
IT IS A GARBAGE COMPANY, A FRAUD!!!!!!
Hi James, it's a pyramid scam, 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.
Hello, I do not recommend this company. They tell you that you are going to earn good money, but the reality is that they only generate bills that you have to pay. I do not know how to get out of this. I am desperate.
Hi Mayra, 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.
Hi, I entered a month ago, and I almost gave the entire package of 6000. I was not convinced and I got into the 1220 package. The next day they told me that I should bring at least 10 people to a chat, I told them, but anyway, if it didn't take people, I didn't win that, I didn't like it, I got involved because the trading caught my attention, but they told me that with the 1220 You already entered once and they gave you classes, etc. Later, to start, they ask you for $500 more as capital for that, it is also supposed that the classes that they give every day are to teach how to sell on the page, etc., and the classes are only for teaching to how to bring more people how you should hook that you should publish on networks, they tell you that you should publish in a week that you have won 1000 and that you have recovered your investment etc so that people see and I called you and if they call you you must give them the contact of those who are at the top who are more trained they find Argan to convince me , I lost my friend 's friendship because she led me to this fraud , plus every month they debit you automatically 144 that did give me you will go because they did not tell me that they are going to debit me and they come up with what is that they are surcharges from the product page, which is like paying rent, etc., and then I have to block the card and take out everything I have left over. So that they don't continue scamming, please don't go to those meetings if they invite you.
Hello FERNANDO, great explanation and great contribution of information. 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.
I would like to know if those who bought the package of 1000 finally went on a trip to Mexico or not
In this link, a news from Ecuador is disclosed in which a new modality of illegal money collection is mentioned. Here they talk about ByDzine https://www.elcomercio.com/actualidad/negocios/nuevas-financieras-no-autorizadas-ecuador.html
Hi Erika, thank you so much for helping spread the word about this scam. You help save many people.
Greetings.
Yesterday, April 28, the Superintendent of Banks of Ecuador, sent an alert that ByDzyne is not authorized to collect money, that way they will come out and say that they do not accept money, but when selling affiliations that is accepting money Apart from that neither the company nor the dial diamonds have paid taxes in SRI, my wife joined 2 years ago and the only thing they trained her to do was get people in, everyone who was in Fuxion changed to IM and now they are of BD, when BD is finished they will go to another multilevel and those who lose are the naive ones who let ourselves be carried away by other people's checks.
Hello Oscar, THANK YOU very much for this news, it is of great help!!!. 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.
I don't know if you know Sofia Cerón or Carlos Calderon, I'm from Quito. They tell me wonderful things about this business. It's more than if I go in, I'm going on a trip. Help me if it's true?
Hi Andrea, 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.
The great leader and the one who brought this to Latin America is Gustavo Salinas, someone knows this man, what I have seen on tik tok in a comment is that this man was in a company similar to Bydzyne named Fuxion, and that from the nothing collapsed and they migrate to other companies with new names.
The truth is that they try to convince me in any way to enter there, but I still think that one will never get to the place where the diamonds and the presidents are, since we are below them, it is something extremely logical, since if we continue bringing in more people they will continue to earn more, and their supposed promise is that you can reach or achieve what they are but it is somewhat illogical, you can never get to their place, since they are established there, and unfortunately the people who enter last will be scammed, and I doubt they can recover their investment, if you do not sell franchises that would be like putting 10 people you will never recover your investment, and the meetings yes or yes in the vast majority are to put people, They are always the same testimonials, the worst thing is that because the laws or the police do not do something with these companies? Can these types of companies do what they want and continue to scam people?
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.
Hello Andrea, I met Carlos Calderon, all of them were at the IM Mastery Academy. At first, everything was cool, but later, when you realize that it is not what it seemed, it is already too late. my advice do not enter
is that they do not even mention where they are based
besides all the complaints
they are scammers friends, do not waste money with this type of company
Hi Alfredo, 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.
Hello Sofía Cerón and Carlos Calderón are scammers, they say it's not a pyramid, and if it is I checked it because they told me that if we didn't get more people we were the worst and that we were going to lose the money, they practically stole me and they didn't even he answers me Please I ask the whole community to report their accounts and let people know the kind of people they are.
BYDYZYNE'S COMPANY AND THOSE WHO WORK ARE SCAMMERS IT'S A PYRAMID DON'T FALL BECAUSE THEY WANT YOU TO WIN BUT PUTTING PEOPLE IN AND SCAMING OTHER PEOPLE I MEAN THEY LOSE THEIR MONEY I CAN'T RECOVER MY MONEY EITHER AND THESE SO-CALLED LEADERS ARE LYING TO YOU THAT THESE SO-CALLED LEADERS SWEET YOUR EAR FERNANDO RUALES AND BELEM CHIMBO ARE A COUPLE WHO WORK AS MAFIOSOS AND FINALLY THEY DON'T ANSWER YOUR PHONES SO YOU DON'T ASK THEM FOR YOUR MONEY BACK AND THEY TELL YOU YOU CANNOT GET IT BACK.
Hi FLACO, 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.