Welcome to my British FX Funds Review!
Recently I have seen some buzz on internet in regards to this Forex platform, so I decided to take a closer look.
Probably someone approached you about this opportunity and the juicy up to 2000% Daily ROI and you landed here to see whether it is legit or not.
You are in luck my friend! I will go through the company, products and compensation plan with all the details that is there, so you can make a right decision.
Make sure you PAY close attention and read this to THE End.
British FX Funds Review (Company)
British FX Funds, is an international investment company. The activity of the company is aimed at the forex, stocks and cryptocurrency trading.
When Landing on their website, there is no information about who runs or owns this company.
Next up was to check their domain registration.
As you can see from the image above, their domain “britishfxfunds.com” has been privately registered on 10th of January 2020.
However, on the “About us” section of their website, they are claiming they have been online since 2013!
So far they haven’t been transparent at all!
Now, as you can see, they do have a UK registration.
So I did check that too. As you can see from the image below, the registration name (“BRETISH FX FNDS LIMITED“) is funny!
Again as you can see it has been Incorporated on 22nd June 2020. So there is no way for them to be online since 2013!
Next, I checked the “People” section on the registration documents, and found out that Oliver Poole, is the director.
I wasn’t able to find any digital footprint of this person on the internet to connect him this organization.
I can only assume this is fake too.
Again, as you should already know, UK registration is dirt cheap and mostly unregulated which makes it the favorable choice for scammers.
As of writing this post, based on Alexa Rank, most of the traffic to the British FX Funds website is coming from Egypt.
British FX Funds review (Products)
They don’t have any retail product or services, with all you can do is signup and invest to start earning.
They also have a referral program, which I will go into more detail later.
It is similar to COMEX Traders review that I did review on.
British FX Funds Investment Plan
British FX Funds have 12 investment plan available on their platform. Divided in 2 sections, Regular and VIP.
- 0.5% DAILY for 500 business days. Minimum investment is $10 USD.
- 3% DAILY for 90 business days. Minimum investment is $25 USD.
- 6% DAILY for 35 business days. Minimum investment is $1000 USD.
- 12% DAILY for 18 business days. Minimum investment is $3000 USD.
- 20% DAILY for 10 business days. Minimum investment is $5000 USD.
- VIP 150% AFTER 1 business days. Minimum investment is $10000 USD.
- 200% AFTER 3 business days. Minimum investment is $5000 USD.
- 300% AFTER 7 business days. Minimum investment is $3000 USD.
- 400% AFTER 15 business days. Minimum investment is $1000 USD.
- 500% AFTER 35 business days. Minimum investment is $100 USD.
- 1000% AFTER 70 business days. Minimum investment is $20 USD.
- 2000% AFTER 120 business days. Minimum investment is $10 USD.
British FX Funds pays commissions utilizing the equivalent uni-level remuneration plan as below.
British FX Funds Will Pay 5% to 10% on 1st Level for every deposit of your referrals depending on their numbers: 1-300 Referrals: 5%, 301-500 Referrals: 7%, 501 – or more Referrals: 10% . You can also earn 2% on 2nd Level and 1% on 3rd Level.
Cost To Join British FX Funds
You can sign-up for free. However, you need to deposit at least $10 if you want to start any of the investment plans.
So is British FX Funds scam?
Let’s look at the facts, shall we?
We don’t know who runs or owns the company. There is a guy named Oliver Poole in their registration paper, however I couldn’t find any digital footprint of him that connects him to British FX Funds.
They are claiming huge ROI without showing any proof.
Additionally, they are not registered with any financial regulator organizations such as FCA.
Any company that promises return on investment and works with exchange of any kind needs to be registered with the appropriate financial regulated of the jurisdiction they operate in.
British FX Funds not being registered, means that they are offering return on investment illegally.
This simply means your MONEY is not safe with them.
The only income that I can see is the new investments paying of the previous investors.
Which is your classic Ponzi scheme.
Once the recruitment stall, they can’t fulfil the ROIs and the whole thing will collapses.
I can’t recommend this. Stay Away guys!
I hope you enjoyed my British FX Funds review and if you have any questions feel free to ask in the comments below…
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