BisonTradePro is undoubtedly a scam broker. Here’s why:
- No Regulatory Oversight: The broker operates without a license from any reputable financial authority. This is a major red flag.
- Lack of Transparency: Crucial information about the company, its ownership, and its location is missing.
- Predatory Trading Practices: Many users report difficulties withdrawing funds and experiencing significant losses.
- Suspicious Website and Platform: The broker’s website and trading platform are poorly designed and lack essential features.
Company Overview
Feature | Details |
Name | BisonTradePro |
Website | bisontradepro.com |
Location | Unknown |
Regulation | Unregulated |
Trust Score | Low |
Services or Products
BisonTradePro claims to offer trading in forex, cryptocurrencies, and commodities. However, the quality of these services is highly questionable given the broker’s lack of regulation.
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Trading Platform & Leverages
The trading platform provided by BisonTradePro is basic and lacks advanced features. The broker offers high leverage, which while attractive to some traders, significantly increases the risk of substantial losses.
Spreads and Cost of Trading
Information about spreads and other trading costs is scarce and unclear on the BisonTradePro website. This lack of transparency is another red flag.
License and Regulations
BisonTradePro is not licensed or regulated by any financial authority. This means the broker is operating illegally and clients have no legal protection.
Legal Warning Against BisonTradePro
There are increasing numbers of legal warnings and complaints against BisonTradePro from investors who have lost money. It is crucial to avoid this broker at all costs.
Deposit and Withdrawal Methods
BisonTradePro typically offers popular deposit methods like credit cards and wire transfers. However, withdrawing funds is often a challenge, with many users reporting delays and difficulties.
BisonTradePro Pros and Cons
Pros | Cons |
None | Unregulated, Lack of transparency, Difficulty withdrawing funds, Poor trading platform, High risk |
Why Dealing With An Unlicensed Broker Is Risky?
Dealing with an unlicensed broker like BisonTradePro exposes you to significant risks:
- Loss of Funds: There is a high probability of losing your entire investment.
- No Legal Protection: You have no recourse if something goes wrong.
- Scams and Fraud: Unlicensed brokers are more likely to engage in fraudulent activities.
Client Feedback
Numerous online reviews and complaints indicate that BisonTradePro is a scam. Clients report difficulties withdrawing funds, losing money, and poor customer service.
How Can “Reviewsadvice” Help You If You Get Scammed?
If you have fallen victim to a scam by BisonTradePro or any other broker, “Reviewsadvice” can provide guidance and support. We can help you understand your options, report the scam to the appropriate authorities, and recover your losses if possible or You can report to us today using the form below.
File A Complaint Against Scammers
Final Thought
BisonTradePro is a clear example of a scam broker. Avoid this platform at all costs. Always prioritize choosing a regulated broker and conducting thorough research before investing your money. Remember, if something seems too good to be true, it probably is.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
