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Best Stocks Trade

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Operating status: SCAM

Website: https://bstrade.co/; https://bstrade.world/; https://webtrader.bstrade.top

Broker violations and abnormal records
  • 2022-10-02 The Italy CONSOB Added Best Stocks Trade into Its Warnings

    On 3 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Best Stocks Trade is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela


    On 3 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Best Stocks Trade is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela
  • 2022-10-07 BrokersView has Reviewed that Best Stocks Trade is an Unregulated Forex Broker

    Best Stocks Trade, operated by Florishing Group Llc, claims to be registered in Saint Vincent and the Grenadines, registration number 1488 LLC 2021. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, SVG FSA is not a forex regulator. It does not regulated forex broker or issue forex licenses. Having the registration, therefore, does not mean being authorized to provide financial services. 

    In addtion, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Best Stocks Trade was not authorized to provide financial services in Italy.

    The truth is that Best Stocks Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Best Stocks Trade, operated by Florishing Group Llc, claims to be registered in Saint Vincent and the Grenadines, registration number 1488 LLC 2021. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, SVG FSA is not a forex regulator. It does not regulated forex broker or issue forex licenses. Having the registration, therefore, does not mean being authorized to provide financial services. In addtion, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Best Stocks Trade was not authorized to provide financial services in Italy.The truth is that Best Stocks Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-12-08 BrokersView has found that Best Stocks Trade is not working

    BrokersView found the domain "https://bstrade.co/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://bstrade.co/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

Does Best Stocks Trade have social media accounts?

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Nepal
2022-10-10
ANSWER Best Stocks Trade is not a licensed or regulated broker even though it states offers that look good to be true. Best Stocks Trade claims to be operated by Florishing Group Llc, a company registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1488 LLC 2021. We indeed find a match result to the registration number in SVG FSA. However, SVG FSA is not a forex regulator. It does not regulated forex broker or issue forex licenses. Having the registration, therefore, does not mean being authorized to provide financial services. What's more, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Best Stocks Trade was not authorized to provide financial services. You can check the full warning from here.The truth is, Best Stocks Trade is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Best Stocks Trade and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.