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BRS Futures Review: Brsfuture.com A Clone Forex Trading Scam

BRS Futures Review: Brsfuture.com A Clone Forex Trading Scam

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BRS Future is a platform that claims it wants investors to succeed in their trading activities. The company states that it wants to make investors journeys easier. The entity has promotions that they urge investors to utilize.

The entity claims that they are after fund safety for their clients. The platform states that it has won awards in the United Kingdom. However, there is no evidence to prove that their claims are true. The entity is an offshore venture that has nothing to offer its clients.

The minimum amount that you can deposit at BRS Future is $250. The platform is allegedly trading forex, indices, commodities, and stocks. They offer a web-based trading platform. You should research a company before depositing your money.

Many scammers in the market are after your money. Therefore, you need to be keen before engaging with a platform. You will not make any income using this entity. They have shown vivid red flags, and their lack of transparency shows this is not an ideal entity.

Invest with legit forex trading brokers. The companies’ have better deals than these scammers. Additionally, your money is safe and your data. Trade in an elegant manner with a reputable investment venture.

Brsfuture.com Review

BRS Future is a clever scam that is using false information to steal from innocent traders. If you visit their website, you will not notice the red flags easily. The company is using information that shows it is legit.

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They even have a regulatory document from the FCA. Sadly, the form does not belong to them. BRS Future is a cloned entity that will do anything to win your trust. Unfortunately, they will leave you high and dry.

Brsfuture.com Review, Brs future.com Company

The company is offering a bonus to their clients. However, regulated platforms do not offer such lucrative opportunities. There are hefty requirements that come with their bonuses make them not an ideal investment venture.

Invest with legit companies to avoid the troubles that come with a scam venture. The link to the BRS Future demo account is broken. Such mistakes are not common with a legit venture. Therefore, this is another red flag that the venture has demonstrated.

The company claims it is using an MT4 platform. However, this is not true, as there is no method to verify. The scam highlights some of the benefits that come with trading with them. Unfortunately, you will not be getting anything positive by trusting them.

Contact Details

BRS Future claims that it is located in the UK. The entity claims it has 24/7 multilingual customer support.  The office address of this company is at 165 London Wall, London, UK.  You can reach them via email or phone.

The entity does not have a customer experience report. They are still new in the industry. Therefore, it is hard to tell whether the venture is responsive. Nonetheless, this entity is using a fake address.

You should expect the worst from them. They will only contact you to give them more money. However, when you deposit a handsome amount of funds, they will walk out on you. There is nothing good that can ever come from a scam.

BRS Future Trading Conditions

BRS Future offers leverage of 1:400. It might appear attractive to newbies that do not have trading experience. However, you should note that the more risks you will be exposed to once you invest with this entity.

The regulatory body of the UK limits the leverage to 1:30. As you can see, this entity is already violating the set guideline. The entity states that it segregates its investors’ accounts. Sadly, you should not take the word of a scammer seriously. The

Trades are executed at lightning speed. The platform is also offering a tight spread. All these would have been better if it was coming from a legit company. Keep off this trading broker, and do not deposit your money with them.

BRS Future Withdrawal and Deposits

BRS Future is accepting money via Bitcoin, wire transfer, Visa, and MasterCard. We recommend that you use the credit card option when investing. You can issue a chargeback up to 540 days when a company refuses to process your withdrawal.

However, if you make payment using other methods, you will not trace your funds or reverse payment. The broker has four investment accounts. The minimum amount that you can deposit is $250.

The other trading accounts are very expensive. Legit brokers ask for a less amount than this venture. Once you issue a request to cash out your funds, it will take time, depending on the method that you are using.

BRS Future has an outrageous fee for inactive accounts. The platform is charging 10% if you are inactive for a duration of 3 months. Additionally, one-month inactivity will also be subjected to a fee of $99.99.

The company has the right to change the amount whenever they please. Therefore, they can change the minimum fee at any time. The platform states that they do not charge a withdrawal fee. However, they also contradict themselves because they highlight in a different section they do charge a fee ranging from $30 up to $3,500.

Their bonuses are also ridiculous. Make sure you read their term and condition, and you will realize this is an extortion company. Regulated brokers will not subject their customers to such unfavorable conditions. Cheap is expensive, and be wary of any entity that is offering gifts.

Regulation

BRS Future is a company that does not have a license from the Financial Conduct Authority. However, the entity claims that it is based in the UK. The platform is using information belonging to a legit company.

The two entities have nothing in common. BRS Future is a Ponzi scheme that impersonates BRS Future Limited. The platform has not yet received a warning from FCA. However, you should not trust this firm with your funds.

We advise investors to stick to regulated companies. It is easy for newbies to confuse this scam for a legit venture. The company is incorporated by a venture known as BRS. The firm is not licensed. The trading condition of this entity proves they are an illegal entity.

Red Flags with BRS Future

The platform demo account has a broken link. Therefore, there is no possible way you can familiarize yourself with the website. The company does not have an MT4 interface despite its claims to have one.

BRS Future is capable of providing false information. They lie about their regulatory status. Trusting them will only hurt your account. The venture is using a fake address. Their term and conditions section will leave your mouth wide open.

The venture has absurd requirements. It clearly shows that this entity is not after making anyone rich. Their inactivity duration is very short. Additionally, they are charging clients when withdrawing funds.

Do not be surprised when they refuse to process your withdrawal requests. The other thing is that BRS Future is offering very high leverage. Unfortunately, they still don’t have what it takes since the company has very low traffic.

The FCA will eventually issue a warning against this scam. They are using information that is not theirs. The entity does not offer fund safety to its clients. Keep off!

Final Verdict 

BRS Future is a scam, and the red flags that we have discussed above should keep you away from this entity. Invest with legit forex trading brokers that are transparent. They use real-time information to win over their clients.

 

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