✔️ Information reviewed and updated in May 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.
My best friend made me lose 1200 usd, I failed so badly more than a year ago, I told him I want to invest in something that I can earn, he painted wonders of travel, that I can sell products but they were very expensive, that he had a course in English for my baby, that only by copying and pasting can you win, and worst of all is that you don't sign anything and there is no office where you can go to complain, they give you your bydyzine platform and on top of that you must continue paying to be able to continue with the services that they had on the platform, I am totally disappointed, please do not waste your money
Hello Elizabeth, it is a pity that they manage to deceive so many people, we have already received many complaints from clients who cannot withdraw their money, THEY DO NOT ALLOW IT, they keep changing the rules and regulations for not paying but you can get your money back, they are always looking that you lose it in operations that are never actually made with your money, they are made with a demo, it is 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 from you 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 WILL HELP YOU
Greetings.
I started on February 5 and they also deceived me I lost 5500 which I took out a loan and they left me in debt do not put your money in bydyzyne
How did it happen, could you give me information, because I am about to invest but I want to know how it happened
Hello Rolando, if you invest you will lose your money, many people are being scammed with false promises. Don't do it, you'll lose everything.
Greetings.
The whole family joins his dedicated career of deceiving and swindling, linked to a marketing company in Doral, they rob people, taking money from them, and both parents, children and wives are a clan. Alejandro castro his wife Michel Chávez the pope julio castro and the mother yudiel de castro and the sister Tatiana castro go there in luxury vans and expensive clothes that they buy with money from those who swindle this is crazy be careful take photos and disclose so that no one else gets robbed by them.
THEN IT'S JUST A SCAM COMPANY
Hello CRISTHIAN, that's what they do, deceiving investors.
Greetings.
PICHINCHA / QUITO / MARISCAL SUCRE / DIEGO DE ALMAGRO E7-59 AND LUIS CORDERO
ACCORDING TO THE SRI WHERE THE COMPANY IS LOCATED
Hello CRISTHIAN, thank you very much for your help, has anyone been present in those offices?
Greetings.
They are scammers, the main one here in Ecuador In QUITO is Matt Garzon and Caro Castañeda
Hello Kathy, we have already received many complaints from customers who cannot withdraw their money, THEY DO NOT ALLOW IT, the rules and regulations are changing for not paying but you can get your money back, they always look for you to lose it in operations that never really happen. they do with your money, they do with a demo, 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 from you 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 WILL HELP YOU
Greetings.
Everything is a lie, they only look for people to pay the entrance and they earn from referrals but everything they promise is a lie, they are never pending and then they end up with other things than what they promised, I lost my money, really don't do it It is a very bad business, a very brave scam!
Hello Fernanda, we have already received many complaints from customers who cannot withdraw their money, THEY DO NOT ALLOW IT, the rules and regulations are changing for not paying but you can get your money back, they always look for you to lose it in operations that never really happen. they do with your money, they do with a demo, 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 from you 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 WILL HELP YOU
Greetings.
They promise you everything for a “minimum investment”
All fake, don't fall
Hello Abby, we have already received many complaints from clients who cannot withdraw their money, THEY DO NOT ALLOW IT, they keep changing the rules and regulations for not paying but you can get your money back, they always look for you to lose it in operations that never really happen. they do with your money, they do with a demo, 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 from you 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.
Bydzyne offered profits if we entered as a founding partner ($ 5000) and that we owned a share of the alleged company, now they say that I had to enter at least 4 more founding partners ($ 20000) to earn that profit and they made us sign a digital document detailing that the company never gave us any action and if we did not sign they would block our account, they are complete garbage, they supposedly helped you until the end and would give you all their support in those trading courses and at the time of asking their help they got upset and said they didn't know anything about what they offered…. They are miserable, please what can I do so that at least people do not fall into this scam anymore since at first glance it is seen that I will never recover that money
Hello Darwin, the rules and regulations are changing to not pay but you can get your money back, they always look for you to lose it in operations that are never actually done with your money, they are done with a demo, it is a pyramid scam, thanks for comment 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.
They are a scam I lost 5000 dollars and I don't know if anything can be done to recover them
Hello Juan Carlos, you can get your money back, they always look for you to lose it in operations that are never actually done with your money, they are done with a demo, it is 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.
How that?? What happened??
Hi, tell me about your experience, I'm finding out why they told me and I don't know what to do
Can you help me? How can I do it? They scammed me for $1200. Could it be that the public defender's office can help me? They're angry and they don't want to pay me back.
Hi Jaime, 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.
I WOULD TELL YOU THAT THEY ALSO PAINTED ANOTHER THING, AND I INVESTED, UNTIL NOW I CAN'T SEE PRACTICALLY ANYTHING I PAID THAT FRANCHISE TO WORK FOR THEM, ACCORDING TO THEY GAVE YOU A TRIP
How do I sue bydzyne for an unauthorized automatic charge
Hello Gabriel, you must talk to your bank and claim that money.
Greetings.
How do we get scammed do us something
Hello Jaime, to recover your money try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
Greetings.
THEY ARE A PYRAMID SCAM BEWARE… BE CAREFUL THE PYRAMID WILL FALL SOON 🔺 🐫
Hello ALBERTO, at any moment the PYRAMID falls.
Greetings.
by DZYNE . Is it a reliable broker?
Hi Claudia, 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.
Can you help me? How can I do it? They scammed me for $1200. Could it be that the public defender's office can help me? They're angry and they don't want to pay me back.
Hi Jaime, 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.