Forex Birds Review – SCAM BROKER!
OFFICIAL SCAM SITE: forexbirds.com
Forex Birds is an FX broker, one which can allegedly allow you to trade FX, indices, and a whole lot more. Allegedly, the trading accounts here are fantastic, with low spreads and no commissions, plus an excellent selection of trading assets too. New members even get a 25% bonus on their initial investment, and then they get to trade with the awesome MetaTrader 4 platform.
Ok, so these are the claims made on Forexbirds.com, but this does not mean that any of it is true or legit. Sure, the website looks good enough. There was obviously some hard work put into making the website look legitimate. However, as is often the case with this kind of thing, looks can be extremely deceiving.
There have been a number of user complaints about the Forex Birds broker, mainly about users not being able to withdraw their money, among other complaints. Through our research, we actually came across a whole host of red flags which indicate that something shady and illegal is going on here. This is the Forex Birds scam review and we are here to keep you safe from unregulated scam brokers like this.
Forex Birds Scam Factors
As mentioned above, there are a number of scam factors which came to our attention in regards to forexbirds.com, so let’s take a look at each of them right now.
The first thing that came to our attention right away has to do with the people behind the Forex Birds broker. We looked far and wide, but could not find anything at all. On the entirety of the website, there is not a single mention of company ownership or leadership.
There is not so much as a face or a name present, just nothing. We also tried looking the company up in databases worldwide, but were not able to find a single name in terms of who might own this FX broker.
This is a very bad sign, and this sort of lack of transparency always indicates that there is something illegal in the works. After all, unless this broker were a scam, then why else would the people behind it choose to remain hidden from sight?
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Forex Birds Contact Info
The next scam factor which came to our attention has to do with the contact info which is provided to us. There is a phone number provided for the UK, as well as one for the HQ in St. Vincent and the Grenadines (we’ll touch more on the location later on).
Well, we tried calling both phone numbers no less than a dozen times each, without any response at all, just nothing. The same can be said for the provided email address, as well as the online contact form too. Nobody ever responded to any of our attempts at communication.
A lack of communication like this is a real deal breaker, especially when it comes to an FX broker. Why don’t these people want to talk to us? Are the contact details even real? We have some really serious doubts!
Company Location & Registration
What is also very suspicious about the Forex Birds broker is how the locations and registration information just don’t add up. We are told that there is a company location in the UK, under the name of Forex Birds LTD.
We are provided with a UK address, as well as a company registration number too. Well, a quick map check revealed that the address does not belong to this company. Moreover, a quick check with the UK companies house revealed that Forex Birds LTD is not registered in the UK. The company registration number provided is bogus.
Next, the HQ of this company is allegedly located in St. Vincent and the Grenadines, thus making this an offshore broker. However, we also checked with St. Vincent, and course, no such company is registered there either. It’s all a bunch of lies!
Forexbirds.com claims to be licensed by the FSA, the Financial Services Authority. Funny enough, the FSA no longer exists. It was dissolved years ago. This is a really cheap attempt by these criminals to make it seem like this is a licensed broker, when in fact it is not.
It should be licensed by the FCA, the SEC, and about half a dozen other regulatory bodies, but it is not. The Forex Birds broker has absolutely no licensing and it is therefore a completely illegal and unauthorized operation.
Forex Birds Trading Platform
Forexbirds.com claims to use the MT4 or MetaTrader 4 platform for FX and other types of trading. Yes, this is a great platform, the world’s best, but it’s also not true.
Forex Birds uses their own custom built trading platform, one specifically designed without any kind of security protocols. It is purposely designed with encryption or security so that the anonymous crooks running the show can easily steal your money.
You may have also noticed that the Forex Bird broker provides all newcomers with a 25% welcome bonus. This is not true. It’s just another trick. It’s an easy way for these crooks to get more money out of you. The reason for this is because when you go to make a withdrawal of money, you are told that you must first deposit more money to match that 25% bonus.
It’s an easy way for these crooks to sucker you out of even more money, but they then still won’t allow for a withdrawal. We have received dozens of complaints. Not a single user has ever been able to withdraw any amount of money from forexbirds.com.
Forex Birds Scam Review – The Verdict
The bottom line is that forexbirds.com is nothing more than a rip off, an exercise in highway robbery. This is a completely anonymous, opaque, unregistered, unregulated, and unlicensed scam broker.
At the end of the day, although there are some grandiose claims made by the Forex Birds broker, they are all complete lies, nothing but falsehoods.
It may seem like a great FX broker for everybody, but the only people it is good for are the anonymous crooks who are stealing money from investors. Please folks, stay as far away from this deplorable FX scam as humanly possible!
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