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ANSWER Indeed, BeGlobalFund appears to be a scam.The BeGlobalFund website does not provide any details about its regulatory standing, which raises concerns due to the lack of licenses. Although it claims to operate from Switzerland, it has failed to comply with the country's rules and obtain a license from the Swiss Financial Market Supervisory Authority (FINMA). This non-compliance has resulted in its name being added to FINMA's alert list.BeGlobalFund is not under the supervision of any regulatory authority. Investing funds with this broker is extremely risky because there are no legal measures to protect the investments. Investors should avoid such unlicensed brokers as BeGlobalFund and choose fully regulated ones instead.

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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.

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