BrightFxTrading Review: Brightfxtrading.online is an Unscrupulous Broker

BrightFXTrading Review
  • Fund Safety
  • Trading Conditions
  • Customer Support
0.5

Summary

BrightFXTrading does not showcase any evidence of successful withdrawal. Also, you are likely to have a hard time accessing your money. There is no information regarding how long it takes to process withdrawal requests.

BrightFXTrading is an online investment firm that provides forex, stocks and crypto investment services to customers. The company guarantees access to significant currency pairs, and you earn from the most global indices as CFDs. The investment firm guarantees protection against negative balance and segregation of funds to enhance security. Nevertheless, it would help if you were cautious in avoiding fraudulent companies. The trading world faces massive competition, and scammers exist daily. Therefore, as a result, you should read reviews from reliable sources and do thorough research before investing in any entity.

BrightFxTrading Review, BrightFxTrading Company

Meanwhile, these forex trading companies apply tried and tested strategies, and you can rely on them for sensible returns. BrightFXTrading is not worthy of investing in its services. So as you read this impartial review further, you will end up reconsidering investment decisions with the broker. 

BrightFXTrading is a shady platform that resembles Spotminingfx.online. The company fails to present any relevant information regarding its services on the website. The market faces high competition as well and BrightFXTrading does not have a relevant approach to the same. The investment firm has a section with prices for various currency pairs. Nevertheless, the same information barely has any update. So relying on the same data might mislead you into making wrong decisions.

Brightfxtrading.online Review

Brightfxtrading.online guarantees investment opportunities to all sorts of customers. Moreover, no expert is likely to waste time or money in the company. Therefore the main targets are innocent traders with no clue about the market operations. Scammers will promise you the best education in understanding the niche. However, you come across basic explanations of trading terms. You can find similar information across the internet for no extra cost. BrightFXTrading does not feature any video tutorials or webinars to assist beginners. In addition, investments without proper education and understanding of the market are inadvisable.

BrightFXTrading does not elaborate on the kind of algorithm its software uses to make it stand out. Additionally, as much as automatic trading is preferable to humans due to non-emotional interference. You should avoid purchasing the wrong tools as it only attracts similar results. Scammers promise you state-of-the-art technology, and upon signing up, you receive shocking results and services.

BrightFXTrading not only fails to showcase transparency in its style of operation. The company does not include any data on the founders and team of employees. Also, there is no qualification data to prove you rely on experts for trading directions. Moreover, you might end up relying on information from people who do not know the market operations.

How Brightfxtrading.online Operates 

Brightfxtrading.online does not present a recomendable style of operation. Additionally, the company only targets your money as the primary concern. Furthermore, the niche has high volatility. There is no such thing as a constant return on Investments. While investing, you might encounter losses. Moreover, during sudden market shifts, risk management measures such as Stop-loss help curb massive losses. 

BrightFXTrading operates anonymously, and investment firms with a similar likelihood seldom profit traders. Accordingly, the platform exposes multiple red flags resembling scam entities. So expecting some sort of preferential treatment is absurd. The company will find multiple ways to lower you into making massive deposits. Thus you come across attractive profits. However, the exact return estimation is improbable to attain even in well-established, and it is. 

In addition, you may come across a bonus on the first deposit up to 100% or more. Consequently, you can hardly withdraw the reward money even after meeting the tasks ahead. Scammers result in denying you access to the services it offers upon receiving your funds.

BrightFXTrading does not showcase any evidence of trade activities. Additionally, the company may be making negative returns, which explains why similar information is missing. Moreover, you require trade history for three months or more to help determine the results to expect. Also, you can only access the services it offers via web trader. The software is not compatible with MetaTrader, suitable for investment purposes.  Furthermore, relying on malicious software may expose you to third-party attacks.

Funds Safety

BrightFXTrading does not provide any reasons to think that your funds are safe. Moreover, the safety of your money is a top priority to consider on any platform. The investment firm showcases a lot of ambiguity to serve as an immediate warning. You come across multiple negative remarks and should not ignore similar data.

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BrightFXTrading does not have any evidence of swift transactions made by its customers. Also, there is no demo account to test and familiarise with its operation before investing real money. The company appears to only be of benefit to the mysterious people behind its operation. Therefore they may result in keeping money in personal accounts while you wait for mysterious profits. There is no bank information to affirm that your money is safe.

Deposits and Withdrawals

BrightFXTrading minimum investment amount is $200. Moreover, the figure is quite costly, considering the ambiguity it exposes. The company does not reveal any suitable funding options. Also, scammers prefer using non-refundable options for payments. In addition, wire transfers and crypto transactions are irreversible. So it is recommendable to use the Credit/Debit option for chargeback claims up to 540 days.

BrightFXTrading does not showcase any evidence of successful withdrawal. Also, you are likely to have a hard time accessing your money. There is no information regarding how long it takes to process withdrawal requests. Scammers result in holding your money for a long. The company may expose you to massive commissions during withdrawal. Even so, you’ll still be incapable of withdrawing your money.

BrightFXTrading generates news and market analysis information from third parties who are mysterious and unreliable. Nothing the company offers is sensible, and you should avoid its services at all costs. The investment form allows you to benefit from an affiliate commission. You receive up to a 50% referral bonus. However, inviting friends and family to the company only exposes them to scam potential.

Customer Support 

BrightFXTrading location address is 12 Duke Street, Liverpool city England. However, during extensive research, the same information does not correlate to the company. Scammers often maintain high anonymity. The investment firm is likely to cut off communications with you upon receiving your money. Working customer support helps in building more trust between you and the company.

Therefore you should receive an instant reply to your query if not fast. The company only allows you to contact them via a section on its website and telephone contact. Moreover, there is no certainty that you will receive any reply to your query. Bright FX trading aims to provide a friendly interface that is not easily attainable without proper customer relations. 

Regulation status of BrightFXTrading

BrightFXTrading claims to be based in London. However, within the same region, the primary regulator FCA does not authorise investment services. In addition, it is illegal to have access to public funds in most countries, if not all, without mandatory following regulation procedures. Moreover, these forex trading companies showcase a high level of transparency. You can easily find and verify data available with the responsible watchdogs.

Brightfxtrading.online Review, Brightfxtrading.online Features

BrightFXTrading does not provide information on its founders because they risk facing criminal charges. The investment firm does not provide information on its founders because they risk facing criminal prosecutions. Additionally, the company cannot afford regulation fees and risk facing bankruptcy quickly. The entity can also go against the trading guidelines since they’re not bound to any measures.

Final verdict

BrightFXTrading exposes typical testimonials visible in SpotMiningFX, which is also a shady broker. The company does not present any relevant strategies for recommended services. Also, they feature multiple negative remarks to serve as an immediate warning.

Furthermore, it would help if you considered using these reliable forex companies for a pleasant trading experience via a reliable approach. Also, it would help if you did not fall for the false testimonies. There is no relevant evidence to prove the results.

 

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