Buoystocks Review – Don’t Trade With The buoystocks.co.uk and buoystocks.com Scam
Two Websites – One Scammer
The company Buoystocks has two websites – buoystocks.co.uk and buoystocks.com. Both sites offer you their services and actively insist on buying a trading bot.
The company was allegedly incorporated on June 19, 2019. To check the license, you need to go to the websites of the regulators – ASIC, FCA, CySEC. We did not find a license issued for Buoystocks on any of these regulators.
If the company is not licensed or regulated by an organization in your jurisdiction, you will have very limited legal recourse if your funds are stolen.
Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.
buoystocks.com Review – Site analysis
A notable feature of the site that cries out for flaws and the fact that it is designed exclusively for newcomers to trading is the “About Us” page. If you go to the page, you will see text that has nothing to do with trading, crypto, or investing.
You will not get information about the broker, its values or license. You will find text copied from some template or other site that describes the process of writing an article for a blog. At the very least this should stop you from depositing your hard earned money into this scammer’s account!
In the blog itself you will find only 3 articles, published in one day, for the year 2022. There is no useful material for traders there. You will not be told about cryptocurrency trading or scalping strategies, technical and fundamental analysis. All of that is not there.
It is worth mentioning that the bot only works on broker-partner sites. These partners require a separate thorough check, as we could not find even their names. You will not get information about brokers until you register and deposit BSBOT coins.
Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – BinBot Pro, Click Trades and Financial Gates.
You should not trust a broker that is so irresponsible in the development of their website. It seems that the only thing the company Buoystocks Ltd wanted was to start stealing traders’ money as soon as possible.
This is also proved by numerous negative reviews on Reddit and Trustpilot.
Let’s Find Out What Victims of Fraud Think
Many users were dissatisfied with their experience with Buoystocks. These user reviews suggest that Buoystocks might not be a reliable broker.
I have been in buoystocks for more than two years but only 6 months ago I started making withdrawals. It is good to add that they have never paid me within the period they say, although they had always paid me, until last June 2022, the date on which I received the last deposit. I currently have 8 pending withdrawals, one of them 60 days overdue. I do not recommend anyone to put their money in a place where you never know when you will receive it when you want to withdraw it.
Many of the victims are in Spain and South America, particularly Argentina. This is evidenced by the Spanish version of the forum for traders at Traspilot.
And there are also many negative articles on the Internet in Spanish that say it is spam.
Buoystocks: Video
Below you will find a short video about Buoystocks. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Buoystocks!
Chargeback Is Your Solution!
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.
However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
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FAQ
- What Countries Is the Scammer Buoystocks Targeting?
Many of the victims are in Spain and South America, particularly Argentina.
- Buoystocks Is Regulated, Licensed?
We did not find a license issued for Buoystocks on ASIC, FCA, CySEC regulators.
- Buoystocks Added to Any Blacklist?
Not yet, but it does not mean that the broker can be trusted. Perhaps, there have been few complaints and the regulators did not have time to issue a warning.
- Can I Trust a Buoystocks Broker?
Definitely we advise against it.
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