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BeAlgo Review

Risk Index
2
Scam
BeAlgo is a forex and CFDs broker offering more than 40 currency pairs and several cryptos. The website of BeAlgo is operated by B.A.X Limited and it is a Bulgaria-based broker. 

Is BeAlgo A Legit Firm?

BeAlgo is an unregulated and offshore broker that claims to be regulated by the International Financial Services Commissions (IFSC). But, during our investigation, we have found out that it is nothing but a scam broker with no authority to run legally. Hence, it is not a legit platform for trading purposes. 

Is It Safe To Invest With BeAlgo?

The main problem in trading with an unregulated broker like BeAlgo is the security of your deposited money. Many reviews have been submitted by the traders for getting blocked by it right after their investments. Hence, we do not recommend you to go for trading with it.

How To Recover Your Scammed Money From BeAlgo?

If under any circumstances, BeAlgo has scammed you, you can file a complaint against it with any of the fund's recovery companies listed with us. They will help you to get your money back.

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