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The WikiFX Score of this broker is reduced because of too many complaints!

BEHERO

Canada|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Chinese market only|High potential risk|

https://www.beherotec.net/engilsh.php

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
BeheroTechnology-Server MT5
Server Location Hong Kong

Contact

support@beherotec.com
https://www.beherotec.net/engilsh.php
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

BEHERO

Company Abbreviation

BEHERO

Platform registered country and region

Canada

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    BEHERO · Company Summary

    Note: BEHEROs official site - https://www.beherotec.net/engilsh.php is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

    BEHERO Review Summary in 5 Points
    Founded 2-5 years
    Registered Country/Region Canada
    Regulation Unregulated
    Trading Platforms MT5
    Customer Support Email

    What is BEHERO?

    BEHERO

    BEHERO is a Canada-based online trading platform claiming to offer financial market trading services to clients. Its important to note, however, that the BEHERO website is currently out of reach, creating obstacles in confirming the broker's regulatory compliance and authenticity. Notably as well, this broker appears to operate without a valid regulation from any recognized authorities which might raise concerns and warnings.

    In our forthcoming article, we will delve into an in-depth review of BEHERO, scrutinizing it from various angles to bring you a meticulously detailed and succinct summary. If this topic piques your interest, we encourage you to keep reading. At the end of our exploration, we'll present a summarized account of the essential aspects to give you a quick overview of the broker's characteristics.

    Pros & Cons

    Pros Cons
    • MT5 trading platform • Unregulated
    • Lack of transparency
    • Website inaccessible
    • Limited customer support channels

    With BEHERO, traders have the advantage of access to the MT5 trading platform, a sophisticated interface well-renowned for its comprehensive array of trading tools.

    However, it comes with significant concerns. Primarily, BEHERO operates unregulated, presenting potential risks concerning security and reliability. The broker's lack of transparency and the inaccessibility of its website further compounds these apprehensions. Another crucial limitation is the scant availability of customer support channels limited to email only, which could obstruct timely assistance to clients.

    Hence, despite the benefit of the MT5 platform, the cons pose considerable challenges to ensure a secure and functional trading experience with BEHERO.

    Is BEHERO Safe or Scam?

    When considering the safety of a brokerage like BEHERO or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

    • Regulatory sight: BEHERO is currently operating without the oversight of established financial regulators, potentially posing significant security risks for prospective traders.

    The fact that the broker's official website is currently unavailable also adds to these concerns, arousing speculations about a possible cessation of its operations. Given these conditions, the risk factors tied to investing through this platform seem to be heightened.

    No license
    • User feedback: The existence of 10 scam and withdrawal difficulty reports associated with BEHERO on WikiFX should be considered major warning signs. Before engaging with any broker or investment platform, it is crucial for traders to conduct comprehensive research and due diligence. Such an approach is essential in mitigating the risks of making regrettable decisions.

    • Security measures: So far we cannot find any security measures info on Internet for this broker.

    Ultimately, the decision to trade with BEHERO rests on individual judgment and decision. It is crucial to carefully evaluate the pros and cons before making a final choice.

    Trading Platforms

    BEHERO offers its clients a robust trading platform in the form of MetaTrader 5 (MT5).

    As one of the most advanced and popular trading platforms in the world, MT5 allows for seamless navigation of global financial markets. This platform is renowned for its state-of-the-art trading tools, live market insights, and advanced charting capabilities, each of which aids traders in making well-informed decisions.

    In addition to these, it also facilitates automated trading with the use of specialized scripts, known as Expert Advisors (EAs), enabling traders to execute trades at desired price levels without active monitoring.

    MT5

    User Exposure on WikiFX

    The existence of 10 concerning reports about scams and withdrawal troubles related to BEHERO on WikiFX should be treated as significant cautionary signals. If you're considering BEHERO as a possible investment platform, we highly recommend proceeding with great care and conducting thorough research.

    Here, at our platform, we're dedicated to promoting a safer trading environment. We strongly encourage those who've been victims of fraudulent actions or broker scams to share their experiences in our 'Exposure' section. Your sharing carries great value. Our dedicated team stands ready to tackle these issues, champion your rights, and call for corrective measures to hold the culprits accountable. Active engagement from your end can markedly safeguard your interests, as well as those of your fellow traders.

    User Exposure on WikiFX

    Customer Service

    Customer Service

    BEHERO's customer service availability appears quite narrow, providing support only via email. Such limitations could impede addressing immediate concerns or complex problems that need urgent resolution. The absence of instant communicative options, such as chat or phone calls, might feasibly limit the overall customer experience.

    Email: support@beherotec.com.

    Conclusion

    BEHERO, an online trading platform originating from Canada, claims to offer global financial services. Yet, a detailed assessment uncovers various worrisome aspects.

    The broker's unregulated status indicates it operates outside the control of any significant financial regulatory bodies, potentially placing traders at risk due to the lack of supervision.

    Moreover, continual difficulties accessing the broker's website coupled with a scant customer support option limited to email, raises valid concerns about its professional operation and accountability.

    Furthermore, the existence of 10 reports about scams and withdrawal difficulties further intensify the concerns. Such elements can substantially affect user experience and hinder effective trading operations on the platform.

    In the interest of transparency, regulatory compliance, and reliable customer support, it's highly advisable for potential users to act cautiously and consider shifting their attention to other regulated brokers.

    Frequently Asked Questions (FAQs)

    Q 1: Is BEHERO regulated?
    A 1: No. It has been verified that this broker currently has no valid regulation.
    Q 2: Is BEHERO a good broker for beginners?
    A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also due to the lack of transparency and negative reports from their clients.

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

    In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

    User Reviews

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    Comments

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    初心20870
    more than one year
    Do not negotiate with BEHERO! Totally a scam company. They rejected my withdrawal request for various reasons. We must be radical when trading currencies and never trade with companies that do not have regulatory information. We can never protect our money too much.
    2022-12-06 09:56
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    雾隐成空
    more than one year
    Unable to withdraw funds. The withdrawal request has not been processed so far. They close their website and platform without any notice. Can't you just return the account balance to us before closing it? The trading experience with them was not bad before, but now their behaviour of taking money and running away is disappointing. Disgusting!!!
    2022-11-29 14:45
    Reply
    0
    0
    FX1064018505
    more than one year
    It used to be regulated and had a good rating when I traded with it. At first, when I put in $2,000, everything looked to be working properly on this platform. Then when I tried to withdraw my money, they became very ruthless. Two months passed, they still haven’t processed my withdrawal. Who can help me? If we could get that money, I would give the half to you, thanks!!!
    2022-11-29 13:56
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