✔️ 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

🌐 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

[democracy id = ”1280 ″]

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. TO KAMILA Reply

    I wanted to thank you for the analysis that allowed me to recover my investment. Thank you!

    • Recommended-brokers.com Reply

      Hello KAMILA, 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 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.

  2. jose Reply

    Hello, I was scammed by the ByDzyne broker. We have a group of 300 users, using a tool called Pip Grabber from the company

    Herson La Riva. SAMER YORDE were the people who managed to fool many clients.

    The broker they recommended was: fxbitcapital.com

    Now we find more than 300 users without being able to access MT4.

    Anyone know, what can we do to get our money back?
    Thank you

    • Recommended-brokers.com Reply

      Hello Jose, we have the address of your offices at 777 NW 72nd Avenue, (local 1048), Miami FL 33126, (see Offices). Thanks for commenting on Bydzyne (they are linked to the scam broker FxBit Capital). 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 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 more money from you 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. CARLA Reply

    This is a company that started requesting that they acquire the founder's package of $5.000, which is the one that gave you the most royalties for life that you had many benefits when the reality was different. They required you to bring people in and if you didn't do it you didn't win, no one explained it to you, no one helped you. And every month they required you to pay a monthly fee for your services to be active $150 and otherwise you would lose points

    • Recommended-brokers.com Reply

      Hello CARLA, that's right, it is a fraud where many people have fallen, but you can recover your capital. To get your money back try our CHAT or the FORM at this link: CLAIM YOUR MONEY
      Greetings.

  4. Antonio Garcia Reply

    Good evening, cordial greeting, please check this page.
    https://polycommercial.com
    Thank you

    • Recommended-brokers.com Reply

      Hello Antonio, do not send money, scammers usually put a lot of pressure on you so that you do not think. We are reviewing several reviews at the moment, but we will put yours as a priority to be able to rate this broker. Thank you.

    • Recommended-brokers.com Reply

      Hello Oscar, we have the address of your offices at 777 NW 72nd Avenue, (local 1048), Miami FL 33126, (see Offices). Thanks for commenting on Bydzyne (they are linked to the scam broker FxBit Capital). 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 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 more money from you 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.

  5. CHRISTIAN RODRIGUEZ Reply

    GOOD EVENING, MAYBE THIS INFORMATION CAN HELP YOU
    ACCORDING TO SRI DATA
    RUC: 179310377400
    Company name: BYDZYNE ECUADOR SAS
    Legal representative: RAMOS CASTILLO OSWALDO MANUEL with Identification: 1708440787

    main economic activity
    RETAIL SALE OF ANY TYPE OF PRODUCT BY MAIL OR INTERNET, INCLUDING INTERNET AUCTIONS, CATALOG AND SHIPPING OF PRODUCTS TO THE CUSTOMER.

    DIRECTION:
    1.- PICHINCHA / QUITO / MARISCAL SUCRE / DIEGO DE ALMAGRO E7-59 AND LUIS CORDERO
    2.- PICHINCHA / QUITO / AV. COLON AND DIEGO ALMAGRO (LAS TORRES DE ALMAGRO) OFFICE 42A FLOOR: PB

    • Recommended-brokers.com Reply

      Hello CRISTHIAN, thank you very much again for your help. Has anyone been present in those offices?

      Greetings.

  6. Jules Reply

    Bydyzne promises big profits but in reality it is a business in which
    that only the founders and those at the top of the pyramid win. He
    Other users lose money and time.

    • Recommended-brokers.com Reply

      Hello Jules, 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 for 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 (it is linked with FxBit Capital broker, which is another 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.

  7. Johana Reply

    If you are in a business that is related to Bydzyne, it is better
    that you walk away You will not only lose your money but you will also lose your
    friends and family, as the company encourages the recruitment of more
    people to be able to maintain the pyramid scheme.

    • Recommended-brokers.com Reply

      Hello Johana, 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 for 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 (it is linked with FxBit Capital broker, which is another 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.

  8. Luis Reply

    The Bydzyne financial company has a very negative reputation and is
    does not know its location. It is important to alert other people to these
    scammers and prevent more people from falling for their scams. Do not invest your
    money in this company!

    • Recommended-brokers.com Reply

      Hello Luis, 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 for 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 (it is linked with FxBit Capital broker, which is another 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.

  9. Luis Reply

    This company just wants you to recruit more people to invest in
    their schemes. If you don't put people in, you don't recover and you lose everything.

    • Recommended-brokers.com Reply

      Hello Luis, 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 for 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 (it is linked with FxBit Capital broker, which is another 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.

      • Recommended-brokers.com

        Hello Manuel, help users to know more about how everything happened, your explanation will avoid more scams.

        Greetings.

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