Buxberg Broker Review
- Buxberg is an unlicensed provider of online CFDs and Forex
- At Buxberg broker, the minimum deposit is $2,000, which is exceptionally high.
- CFDs on indices, commodities, and shares are available, but crypto trading is not.
Buxberg.com Review – Buxberg Is a Well-Known Trading Scam
On the financial market, Buxberg broker is a new scheme. We found the company in Saint Vincent and the Grenadines, a notorious offshore zone without a regulator that claims to be based in Hong Kong.
Take a look at this new Buxberg review to find out why you shouldn’t trust their scheme.
Please read our reviews of CommerceWealth, AltimaTrade, and InvestCorp scam brokers in addition to the above. There is a danger to your funds with them!
- Scam Broker Status: Offshore
- Unlicensed Forex Provider / No regulation
- Websites of scammers: Buxberg.com
- Forex Trading Scam: Active
- Scam listed by: N/A
- Owner of the broker: Buxberg Ltd
- Country of Headquarters: Hong Kong / Saint Vincent and the Grenadines
- Year of foundation: 2022
- Platforms for online trading: WebTrader
- Mobile Trading: Available via Web Browser/No App
- The minimum deposit is $2500
- No deposit bonus / No welcome bonus
- Trading Crypto Assets: Not Available / You Cannot Trade Crypto
- Trading CFDs is an option: Yes, you can trade CFDs Commodities, Indices, Shares and Forex (FX) are available trading instruments
- Leverage maximum: 140
- The Islamic Account is available
- No, only live accounts are available for demo purposes
- US clients are not accepted: The company does not accept US traders
- Don’t invest in this scam broker!
Is Buxberg Regulated? – Why Does It Matter?
It is the same company, Buxberg Ltd., that owns the broker Buxberg. A Hong Kong-based firm was identified as the company’s base of operations. It is important to note that the registration number they provided – 26707BC2022 – belongs to the FSA register of Saint Vincent and the Grenadines.
Hong Kong does not have any legitimate offices for the company, which was established offshore in April this year.
Where Is Buxberg Trading Scam Active?
We are trying to identify where this firm’s central core of operations is now that we know it operates illegally. Buxberg trading scam victims are mostly from Europe, with the majority coming from:
- Germany
- Austria
- France
How Does This Scam Broker Contact Victims?
Existing and potential customers cannot be contacted by fraudulent brokers. Perhaps you have noticed that you are receiving numerous phone calls from the UK, Germany, Australia, and other country codes, but they are coming from the same brokerage.
They use various numbers, country codes, and call centers to reach you and convince you to invest your money, but they don’t tell you what they’ll promise you on their way. Moreover, since fraudulent firms sell data to each other, you may receive calls from other brokers.
The chances of becoming a victim are still high if you have never invested. It’s the newest way scammers are forcing you to invest your money, combining romance schemes with financial fraud.
Tinder, Bumble, and Grindr are some examples of dating apps where people can approach you and gain your trust before asking you to invest funds with Buxberg broker.
What can victims of Bucksburg fraud do? – Start the chargeback process
We will try to help you if you fall victim to the Buxberg scam. Global Fraud Protection is here to assist you and help you get your money back. A dispute for a chargeback needs to be filed right away before it’s too late. Let’s get your funds back before scam broker Buxberg disappears like many before him.
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FAQ Section:
1. What Is Buxberg, and Should I Invest Money In It?
Buxberg is an unlicensed provider of online CFDs and Forex. We can help you recover money if this company has scammed you.
2. What Is the Buxberg Minimum Deposit?
At Buxberg broker, the minimum deposit is $2,000, which is exceptionally high.
3. Can I Trade Cryptos and CFDs With Buxberg Broker?
CFDs on indices, commodities, and shares are available, but crypto trading is not.
4. Does Buxberg Provide a Good Trading Platform?
The only trading platform provided by Buxberg is a proprietary WebTrader, unlike MT4 or MT5.
5. Does Buxberg Give a Deposit Bonus When Opening an Account?
It was never mentioned that the firm offered bonuses. In any case, be careful and ask what the catch is if one is offered.