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Mundo BeFX Review: Mundobefx.com Forex Scam

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Mundo BeFX Review: Mundobefx.com Forex Scam

Mundo BeFX (Mundobefx.com) is a cruel Forex scam platform out to cause havoc to anyone who signs up. MundoBeFX is another brutal broker who is targeting online investors. Claiming to be based in Peru, MUNDOBEFX is simply using fake details to steal from investors signing up. After email complaints were sent to our help desk, we decided to investigate. By reading this detailed review, know the truth regarding MUNDO BEFX.

Mundo BeFX Review

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Mundo BeFX Review

Most of the email complaints we received came from people in South America. What seems to be a broker offering Forex trading services is turning out to be a sham. What most members are facing with this broker is shocking to say the least. After depositing funds with this broker, no one should expect any withdrawals. Some of the main complaints centered on lack of withdrawal access. How can a broker offer Forex trading services without issuing access to withdrawing funds?

Only scam professionals have the audacity to create a fake trading platform. And Mundo BeFX is no different. After landing on their homepage, we can see why this broker is signing up most newbie traders. These scammers have created a compelling website which looks real to the naked eye. Thanks to our years of trading experience, we know how to spot a scam from a mile away. Keep reading this Mundo BeFX review and find out the whole truth regarding their scam ways.

About Mundo BeFX

Mundo BeFX is claiming to be based in Peru which is possibly not the case. What professional scam artists do is create an impression they are based in Peru and it’s not the case. Are they really based in Chile or Peru? Are their contact details posted on their homepage true? We tried calling these numbers and our calls went unanswered. These are simply fake details posted to try and feign legitimacy. For all we know, Mundo BeFX could be based offshore or in the Caribbean.

Who are the founding members of this brokerage firm? Why have they failed to mention the actual names of people running this platform? Could it be a coincidence they also fail to mention the CEO or CFO of this company? What this broker is purporting to offer is nothing but a scam. Watch out for brokers who claim to be based in two different geographical areas. Whoever signs up with Mundo BeFX is signing up with an anonymous broker which is lethal to say the least.

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Fake Demo Account

Another shocking detail we found with this broker is their demo account. Members who choose using this demo account are duped by the results. What these scammers have done is rig their own demo account. By rigging their demo account, users get insane profit margins. How and why do scammers rig their demo account? To simply lure users to believe the platform will actually make huge profit margins. With profit margins soaring to over 95%, users want to sign up with such a platform.

Mundo BeFX Broker Review

Did you know there’s no software or expert who can guarantee over 90% success rate? Ask any Forex expert and they will tell you this is never going to happen. With prices changing constantly due to unforeseen circumstances, making these profit margins is not possible. What these scam artists want are users to start believing they can make money with their platform. Making these insane profit margins is never going to happen. Signing up with this broker is not going to help you make these insane profit margins.

No Live Chat

Why is such a broker lacking live chat support? Is it possible this broker is dictating the communication channels? Why do they lack proper communication channels? A broker who does not have proper communication channels should be ignored. Why do they prefer users to send emails? Emails are one way and these scammers have the privilege to dictate which emails to reply. What this means is the broker will block any emails they find unsettling to them. These are simply fake brokers. Stay away from this platform because of lack of live chat support.

Single Account

Another shocking problem we have faced with this broker is using a single account type. There’s simply one account for all users which is unacceptable. What is wrong with a broker who offers a single account? Problem with a single account is when bankruptcy sets in, all assets will be lost. Mundo BeFX offers a single account which means they are pooling funds in one account. What this does is put all users at risk of losing funds. Stay away from this broker and have a platform which offers different account types.

Account Funding

What we found odd with this broker is lack of depositing and withdrawing options. How do users fund their accounts? Could it be possible users are being conned to deposit different minimum acceptable funds? Lack of proper details regarding how users fund these accounts is wanting. Mundo BeFX is simply trying to trap as many investors into signing up with their platform. Anyone who signs up with Mundo BeFX is probably going to lose all their funds.

Is security of funds guaranteed by Mundo BeFX?

Security of funds is not guaranteed by a broker who is anonymous and based offshore. Safety of funds is not guaranteed by a broker who lacks proper licensing and registration. Where do they bank money deposited by members? Why have they failed to disclose information regarding the institution which holds funds? Is it possible users are depositing funds straight to owner’s personal bank account? Stay clear from this broker and ignore all calls to sign up.

Is Mundo BeFX a Scam?

Mundo BeFX is a scam which must be exposed in order to protect investors from signing up. Falling for their marketing tactics is easy and should be avoided. Simply ignore all attempts to sign up with this broker and mark their emails as Spam. Calls from their sales agents should be ignored and any attempts to sign up blocked. After marking their emails as Spam, block any attempts to sign up with this broker.

Verdict

Mundo BeFX Forex Broker

By adding this broker to our scam blacklist, we will protect our readers from joining this scam. Ensure you stay away from Mundo BeFX and their affiliate programs. After listing this broker as scam, we hope relevant authorities will look into this platform. Shutting down this platform by authorities will surely protect all investors from this scam artist. By reading such reviews, you will always get to know what to expect with a broker.

Lastly, we wish you all the best.

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