BeCFD.com Review

1 • 15 REVIEWS
Out of business
Updated: Apr 13, 2022
BeCFD is a forex broker. BeCFD offers the MetaTrader 4 and Mobile forex online trading top platforms. BeCFD.com offers over 90 forex pairs, stocks, indices, commodities and CFDs for your personal investment and trading options.
October 2018:  There is an FPA Traders Court guilty vote against this company.  The FPA recommends a very high level of caution dealing with BeCFD until this issue is resolved.
2018-09-10:  The FMSA of Belgium has issued a warning against BeCFD.  CLICK HERE to verify.
2018-03-21 CONSOB of Italy has issued a warning against BECFD.com.  CLICK HERE to verify.
2018-03-21 The UK FCA has issued a warning against BECFD.com.  CLICK HERE to verify.
Website is down. Company seems to be out of business.
BeCFD.com
Out of business
1 • 15 REVIEWS

Recent User Reviews of BeCFD.com

C
Charlie
chester, United Kingdom,
Jan 7, 2019,
Guest

was hoping to invest & make but now broke so don't bother

iv'e had an account with them for sometime almost a year, there is money still in there, iv'e been unable to get any luck from my credit card company retrieving the funds as the deposit money was around £700, they have not been any help. I am worried if i was to use my passport it may get taken off me as this company has a copy of it. I have tried to contact them via message and e.mail but don't get much feedback although a lady got in touch before christmas and split the funds onto a few assets, my account has now got £10,00.00 so i believe but i'm not getting any response from them even if i try to withdraw, useless and i still get calls from other Brokers to set up accounts which is more annoying - As for advice my local office said i've a credit card bill to pay for end off.
P
Patricia
St Moritz, Switzerland,
Dec 10, 2018,
Guest

Total scam. Total scum.

I have experience with this company. I lost all my money. I am sure that this was always the intention of the broker that I dealt with. The bonuses that they add are there just to encourage you to take more risk and ultimately to lose all the funds that you have deposited.

Jul 18, 2018 - 1 Star I lost 26,500 Euro with BeCFD because of Sven Nowak. He tricked me. He convinced me to deposit money and that he would help me with trades. Instead, the trades lost a lot of money. He told me that I was about to get a payout of 53,500 Euro, but when I tried to get the money he told me it was "lost".
C
czhofa
Czech Republic,
Dec 1, 2018,
Registered user

Befcd is neither broker nor trading company. They have to be classified as ponzi scheme. Bring them to the justice to recover your investments.

Company Befcd.com and their transaction provider Binex Group LP are nothing then fraudsters and criminals. They commited fraud from very beginning since they received your money for so called trading . They use unfair trading term and conditions, since they reject any withdrawals and suspend account none will take them seriously that they have been providing broker or trading services. This company is just a ponzi. Profesional companies provide any risk management to customer trading account. If they have stealed your money make a lawsuit to them and find the real people behind this criminal organization.
S
steven L
united kingdom, United Kingdom,
Sep 13, 2018,
Registered user

Issue escalated to Traders Court steven L vs becfd.com | GUILTY
do not use this company, they are scammers and i can't get my money from them , they will cancel every attempt you make to withdraw
F
Fabien1234
Brussels, Belgium,
Sep 12, 2018,
Registered user

BECFD 100% SCAM BROKER

My english is not perfect sorry if they are mistakes. I Live in Belgium.

I will explain you the entire story: in february somebody who was working at Investing.com phoned me (idk if it's true) and recommanded me becfd. I get in contact with Max Sterling at becfd( he spoke alittle bit french that was cool we "made money" together). I invested 8000 euros in several times. My money reach more or less 30 thousands in 2,3 or 4 months I don't remember exactly. I had a new account manager Michael Monro (cause Max Sterling had private issues) he tooked a bad position my account had a huge drawdown(60-70%). They are used to not using Stop losses. The margin level is indeed the stoploss. They edge also. So, I had to add money for saving the account. My mother helped she added 7,5k. The company also drawbacked me the bad position of Michael Monro ( 22 000 euros). We made some profit with my new account manager Michael Gallant (he said that he worked at my bank before, perfect lie i think now; he said investment services are shit). So the company was in my opinion not so bad at all. I withdrawed 300 euros. ( they said money bounced back so it's better with cryptos). Same case happened after that: my account was blowing. My account reached 50k and i invested 26k in total. My mother created an account invested 100k that was all she had. Now she had nothing. Everything lost. Account reach in one month 160k. After that 1,462 euros on the account. They drawbacked this 1.4k in crypto of course. Mine still 50k plus 45,4k credit so almost 100k not bad at all. Next month she lost everything. -70k drawdown on my account all positions almost edged. 3500%margin not the worstcase. She invested in June. On 12th september 2018: 127141euros on my account+ 45.4k credit (so 172 810 euros) with a drawdown of 152000 euros. So only 20 000 available and I'm sure that as they gave credit they will never allow that I withdraw this money and I'll always be in this sort of situation. They will always ask for more money for saving my account.

My mother had indeed a contract which was giving a risk free of 6 months and giving me 25k credit for my account. So, nice . Now I'm waiting for the drawback of 100k. The company was also giving 5.6% Interest each month for my mother's account(they give it from 100 thousands invested).Looked nice. After 100k lost Michael Gallant was suddenly "busy" he does not answer my mails anymore. I emailed him and Michael Monro. Monro anwered and said that he had to investigate for me cause he was not aware of my contract (the risk free of 6 months). Michael Monro was also not answering my mails during 1 week. Now he said 2 days ago"I tried to contact you the whole last week did you change your phone number?" everything will be okay 100k will be in my mother's account he said. I said : can you send the money in my bank account just to be sure that you are not a spam. I was supposed to talk to him yesterday but he doesnt call at 5. I emailed him again today that if he doesnt drawbacked me I will go to the court with my lawyers. So really really weird.

Sep 3, 2018 - 1 Star The only reason why i invested 100 000 euros is because my account manager Michael Gallant gave me a contract which mean that if the account crashed the company will integrally refund me; Now the money is lost my account manager doesnt answer and the client services is very slow. I lost the money 3 weeks ago.
What can I do please help.
A
andrewfaure
United Kingdom,
Aug 8, 2018,
Registered user

BECFD - I am Taking Action

Same as so many others, BECFD too my money, pretended to trade with it, pretended to increase it's value and then deny me the right to withdraw my money. They stole more than €9,000 from me and refuse to give it back, always coming with excuses. I have decided to take action I have bought the following websites: http://becfd.co/ http://becfd.org http://becfd.info

On the website is a video showing exactly what kind of "business" they are running by showing my story. The fact that the websites are almost identical to their real site means many "customers" (victims) will also find these when trying to find their site. I am also paying for Google ads for this.

I will not take it down until they have paid us back. Please share this far and wide! Also send the website link to every single BECFD email address so tey know we are standing together!
T
Toddy
hALIIFAX west yorks, United Kingdom,
Jul 29, 2018,
Registered user

Becdf is a SCAM.

I started trading with Becdf only to find the account managers intimidating, aggressive and down right bullying in terms of trying to get you to invest more funds.
I tried to make withdrawal several times and was eventually advised that i had to a total of 3400 transactions before i could withdraw, although all the time investing i was told that i could make a withdrawal at any time. i have now invested £13720 and they refuse to give me any funds back.
Can anyone help me.
P
petrosz
bp, Hungary,
Jul 21, 2018,
Registered user

Liars

I have bad experience with BeCFD. My account manager was Jane Morgan. Perfect liar.
I have traded with her for several months, i was not enought careful, but she usually give me good tips, products to trade, so I cuold trust her, she give me credit to my deposits.
First when I try to withdraw she said, her clients do withdraw in the monthend, so i have to wait (I would had to wake up at that piont).
After two weeks I opened bad positions and I have to save my account, it means i deposited more, given more credit by her and could continue trading.
She alwas said "I am with you", don't be afraid it is safe trading (haha).
She gave credit to the clients, and said me several times to open bigger volumes.
When I tried also withdaw, she said there is a contract, and I did not traded enought (I have heared first time abot this contract) so I can't make withdraw. I had to trade or make more deposit (!).
I have made withdaw request several times but always rejected...
What can I do? I lost more that 10k EUR :-(
When I deposit the contributor banks are different (Swissinvest, Bintrading, Marketstrading, fxplace.trade, Podgorica ZM) this is also strange
Did anybody go to police? is there an investigation in progress?
I cant imagine how can they do this without castigation.
J
J THURSTON
KZN, South Africa,
Jun 13, 2018,
Guest

CRIMINALS OF NOTE

I TRULY BELIEVE THAT DIRTY CRIMINALS SPAWNS EVEN WORSE CRIMINALS AND THAT IS WHAT HAPPENED WHEN THAT FILTHY SCAMMING COMPANY STARTED OFF. THE WORST RUBBISH THERE IS GOT TOGETHER AND MADE THEIR IDIOTIC PLANS. DON'T GO NEAR THEM , THEY MIGHT INFECT YOU WITH FILTH THEY INHERITED FROM THEIR MOTHERS. SAVE YOURSELF ENDLESS MISERY AND AVOID THEM, YOU WILL LOSE YOUR MONEY.
V
victum
Netherlands,
Mar 19, 2018,
Registered user

This really is a scam and dishonest company...I had 428 euro ready for withdrawel and after demanding for severals times ....the money is gone!! Nowhere to be found. Not in the backoffice anymore , not on my creditcard....just vanished.
Trying to contact somebody and no answer anymore....PLEASE STAY AWAY FROM THIS AND DON'T INVEST MONEY BECAUSE YOU WILL LOOSE ANYWAY