Suspicious Company BankChinaInternational
BankChinaInternational remains a mysterious company that does not disclose information about itself, which raises suspicions about its questionable activities. Such behavior is typical of fraudulent organizations unwilling to conduct honest transactions. Reviews confirming its reliability are absent, so for clarity, we conducted an independent review to unravel its secrets.
Broker Information Online
The webtrader.bankchinainternational.com project presents a registration and login form, but absolutely no information about the company can be found on it. However, newcomers have the opportunity to view a demo version of the platform, a noble gesture from the creators of this site.
According to our research, the main website of the Company is bankchinainternational.com. Currently, the information on it is only available in Chinese, presenting various Chinese goods and services unrelated to the brokerage service of BankChinaInternational.
By checking the domain registration history of webtrader.bankchinainternational.com using the whois service, we found out that the site was officially registered in May 2023, which explains the lack of reviews about this company.
Legal Hazards
BankChinaInternational does not provide legal documents confirming its legitimacy. Specialized websites also do not contain any information about the company’s registration.
In the Russian-speaking segment, such actions signal a violation of the law. The absence of licenses and registrations indicates illegal activities, depriving users of recourse.
Trading Conditions
Since BankChinaInternational conceals information and pursues an unreliable policy, there is no specification of contracts. However, the following details have been obtained:
- A demo account with 10,000 virtual dollars,
- Use of WebTrader as the trading platform,
- Possibility to trade currencies, commodities, options, and cryptocurrencies,
- Stop-out at 20%,
- Trading leverage up to 1:100,
- Deposit currency – USD.
Reviews on earnings possibilities and profit withdrawals are nonexistent.
Riddle of Reviews
BankChinaInternational commenced its operations in May 2023, which is the reason for the lack of reviews. However, this situation may change at any moment as the project’s promotion on the network continues actively.
If you have important information about BankChinaInternational, post reviews to warn other users of a financial scam.
Scammers’ Methods
BankChinaInternational intentionally conceals information about itself, attracting novices with the opportunity to practice on a demo account. While the user trades with virtual money, everything goes smoothly, but once real money is involved, the situation changes. Scammers from BankChinaInternational will block access to the account and accuse of suspicious activity.
The only way to recover your funds is to contact professional chargeback services. However, keep in mind that legal services will cost you a certain amount.
Conclusion
BankChinaInternational is a suspicious company that operates in circumvention of laws and lacks transparency in its intentions. We recommend seeking other brokers with clear legal status and positive reviews from actual clients.
