BeFlix Review 2024

BeFlix Review 2024

Updated:
Updated: December 28, 2023

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This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Beflix Trading Company

Because BeFlix lacks a license and is not subject to stringent regulations from a financial authority, it has been confirmed that it is not a reliable broker. The website claims to be operated by the unregulated organization Altridium Group Inc., which is registered in the Seychelles. The fact that it is unregulated raises concerns for traders and investors because it may indicate a lack of financial supervision, which could make investments less secure.
The first indication that this broker is not genuine is their ignorance of BeFlix, which prevents them from fully appreciating the benefits and hazards of the platform. This later proved to be accurate, as customer reviews demonstrated the broker's involvement in fraud. Users can no longer trade with this broker because the platform is down, and since it offers a web-based trading platform for traders and investors, it is also unavailable. Here are reviews from people who either saw this coming or were defrauded of their money by the brokerage when it closed.

User Satisfaction i

10 comments
Total score:
2.8 /10

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tanhapanchi
16 weeks ago

Do not place your trust in this broker! Today, I incurred a loss of €15,000 after trading for two months and consistently losing. The bank account is located in the Seychelles (offshore), making it untouchable. The entity involved is Altridium Group Inc., which is unauthorized to operate in Europe. Recently, I received a call from a supposed lawyer of FlixGM (likely a fake named Alexy) instructing me to cease threatening my broker, Alex Zilberman. It appears that FlixGM may be manipulating this site. To be concise:

**DO NOT INVEST IN THIS GROUP!!!**
No, no, no, no, no.

It's suspected that the few positive comments are from friends and family associated with them. FlixGM's support responses are likely automated and deceptive. Everyone should be aware that everything is fabricated.

I am actively taking steps against them, and they will be surprised by the actions I'm capable of next month. This type of dishonesty not only robs people of their money but also takes their entire investment. While I can weather this storm, my thoughts go out to those who genuinely need their money and may be left in despair.

I am determined to put an end to this, starting with this broker and the other brokers involved.

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freehugsali
19 weeks ago

BeFlix proves to be an untrustworthy company. Upon discovering their lack of a regulatory license, I inquired with customer service. Astonishingly, their response asserted that they don't require a regulatory license for forex trading. Finding this hard to believe, I've decided not to engage in trading with them to err on the side of caution.

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umarchf
21 weeks ago

One star is even too much. They are a bunch of fraudsters and scammers.
I also started with 250 euros, and then they told me to invest more so we could make more profit, so I did, investing money that was originally to pay my rent. After that, not much occurred for a while. After reaching out to them via email, I received no response or reaction for days. Then, I start receiving calls once more when I want to withdraw money. The caller, who I take to be the fraudulent broker customer service agent who declined to contact me earlier, persisted in requesting that I cancel the withdrawal and attempt to turn a profit. I did, and in one night, 1000 euros were gone.

They are liars. Never transact business with these individuals. You are going to be screwed over. Also, do not trust the encouraging remarks—all of them are false! In addition to persuading potential customers, these deliberately positive reviews are intended to confuse those who have already invested, have bad feelings, and try to discourage others from doing so.

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angelsonu
23 weeks ago

I have invested a total of $1,200 in study mode, and my current profit is approximately $400. Fortunately, I encountered no issues with withdrawing funds from my bank account, with the transfer being received within three days.

Despite my experience with the BeFlix platform operating smoothly, my relationship manager is advising me to up my initial investment and stick to the same diversification plan. But now that I have read a few older posts on this site, I am a little nervous. Since my experience has been largely positive, I find it puzzling that some people are voicing such strong dissatisfaction.

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awais456
26 weeks ago

My broker is pressuring me and people I know to use the platform to deposit more funds. I explicitly declined to invest the 149,000 euros in your analytical department, and despite not opening or closing any trades, the sum vanished. People must exercise caution, as I've heard similar stories from others. BeFlix seems to need to be more responsive to these investment issues. I've documented all emails and recorded phone calls, which have been shared with my lawyer, but BeFlix has not responded to my inquiries.

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Ayotunde
31 weeks ago

BeFlix has given me a really bad experience lately. I stopped trading with them at the beginning of July after learning that they were engaged in dishonest business. I made it clear to them that I was no longer their client and asked them to stop communicating with me. Despite this, they persistently continued to reach out.

I receive phone calls from them using untraceable numbers, which is unmistakably their doing. Additionally, they sent me emails, claiming he wanted me back in trading to recover losses. It's a ludicrous proposition, as their real intention is to extract more money. Multiple cases have already been filed against them, and it appears to be only a matter of time before they face legal consequences for their actions.

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adeel1508
37 weeks ago

Oh no, my broker is non-responsive—that's the message they conveyed to me last week—another unanticipated development in the presence of an already tense situation. They assured me they'd arrange a call for a new broker, but it seems like they've resorted to using carrier pigeons; I haven't heard from them since.

And by the way, Mr. Erik Newton, a big thank you for all the false promises. After the recovery of my initial scammer, they introduced some automated software onto my platform, supposedly designed to generate small profits over time. After trading for a short while with more than €5,500 in my account, the machine (or cheat) shockingly caused me to lose €3,900. I reached out via email but received no response. The suspicious software still lingers on my platform, causing strange activities. Despite the dubious practices, I've almost lost everything thanks to these scammers. Please convey my regards to Mr. Erik Newton, who may be sitting right next to you.

I sincerely hope that authorities apprehend these fraudsters and bring them to justice. If and when that happens, please inform me, and I'd be more than willing to assist in their prosecution. I am giving this awful experience a one-star rating.

Contacts

Registration address The claimed contact information for BeFlix is as follows: Tel: +420228886380; Email: support@BeFlix.net. BeFlix's registered country/region is the Seychelles.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Why has Beflix been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Beflix by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Beflix is down, not updated or operates with clear errors and some features are not available;
• Beflix has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Beflix got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Beflix got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Beflix?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Beflix is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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