BSC Pool is a cryptocurrency trading platform that claims to offer a variety of features and services, including margin trading, spot trading, and derivatives trading. However, there are a number of red flags that suggest that BSC Pool is a scam broker.
Company Overview
BSC Pool is a relatively new broker, having been established in 2022. The company is not registered with any financial regulator, and its website does not provide any information about its ownership or management team.
Does BSC Pool Have Any License?
No, BSC Pool does not have any license to operate as a financial services provider. This is a major red flag, as it means that the broker is not subject to any regulatory oversight.
Is BSC Pool Regulated By Any Authority?
No, BSC Pool is not regulated by any financial authority. This means that there is no independent body to oversee the broker’s activities and protect investors’ funds.
Pros and Cons
Pros:
- The minimum deposit is low.
- The trading platform is user-friendly.
- The spreads are competitive.
Cons:
- The broker is not regulated.
- There is no information about the ownership or management team.
- The website contains a number of grammatical errors.
How Does BSC Pool Reach To Their Prey?
BSC Pool targets unsuspecting investors through a variety of channels, including online advertisements, social media, and cold calls. The broker often promises high returns with little risk, in order to lure investors in.
Technical Details
Minimum Deposit:
The minimum deposit for BSC Pool is 200 USD.
Trading Platform:
BSC Pool uses the MetaTrader 5 trading platform. This is a popular platform that is used by many other brokers.
Spread:
The spreads on BSC Pool are competitive. The average spread for EUR/USD is 1 pip.
Leverages:
BSC Pool offers leverage up to 1:100. This means that you can control a position worth 100 times your deposit.
Packages and Products They Offer
BSC Pool offers a variety of trading packages, including a basic package, a standard package, and a VIP package. The packages differ in terms of the features and services offered, as well as the minimum deposit requirement.
Withdrawal and Deposit Method
BSC Pool offers a variety of withdrawal and deposit methods, including credit cards, debit cards, and bank transfers. The minimum withdrawal amount is 200 USD.
What Do Their Previous Traders Say?
There are a number of complaints about BSC Pool online. Some traders allege that the broker has refused to allow them to withdraw their funds. Others claim that the broker has provided them with false or misleading information.
Summing Up- Why Should Not You Trust BSC Pool
There are a number of reasons why you should not trust BSC Pool. The broker is not regulated, there is no information about the ownership or management team, and the website contains a number of grammatical errors. Additionally, there are a number of complaints about the broker online.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money to BSC Pool, you may be able to get your money back with the help of a financial recovery service. These services specialize in tracing lost funds and helping investors recover their money.
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Final Thoughts
BSC Pool is a scam broker that should be avoided. If you are considering trading with this broker, I urge you to reconsider. There are many legitimate brokers out there that offer a safe and secure trading environment.
If you have any questions or concerns about BSC Pool, please feel free to contact me. I am happy to help you in any way I can.
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