The Official Website Of Billionext Cannot Be Accessed Normally At Present. The Company Seems To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-05-16 We Have Confirmed After Review That Billionext Is An Unregulated Foreign Exchange Dealer
Billionext Claims To Be A Registered Broker Established In 2015, But When We Checked Its Domain Name, We Found That The Website Was Actually Created In 2019. So How Could It Start Doing Business In 2015? This Is A Red Flag.
In Addition, Billionext Claims To Be Registered In The British Virgin Islands, Registration Number: 1943186. However, We Did Not Find Any Results In The British Virgin Islands Financial Services Commission (BVI FSC) That Matched The Name Or Registration Number Of The Company. This Means That Billionext Is Not Actually Regulated By Any Regulatory Authority. The Funds Invested By Investors In This Broker Are Not Safe And Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Billionext Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Billionext As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
