Brilion24: reviews, activity breakdown, and trading conditions analysis
Brilion24 Broker Review: Analysis and Conclusions
Brilion24 strives to create a comfortable environment for clients, although information about the company raises doubts. The company’s website is simple and focused solely on the Russian-speaking audience, implying that Brilion24 provides services in post-Soviet countries without comprehensive information about itself. Registered in Saint Vincent and the Grenadines, the company has recently started its operations, concealing the identities of its creators behind the scenes.
Click Capital LTD manages the Brilion24 brand through the agent Wilfred Services Ltd, camouflaging all operational activities in mystery. This confirms a reluctance to provide information about the company’s operations and origins.
Licenses and Regulators
Registration in Saint Vincent and the Grenadines signifies a lack of proper regulation. Russian laws are also not taken into account despite the absence of a Central Bank license. This puts clients at risk of the company’s unethical actions.
Terms Offered by Brilion24
In addition to promises of high profitability without details on trading, the company conceals information about risks and commissions. Insufficient transparency is exacerbated by the lack of details about the trading platform and the academy claiming its experience since 2016.
Reviews and Vulnerabilities
Being a newcomer in the market, Brilion24 lacks an adequate number of reviews. However, even a small number of negative opinions caution against collaboration. It is advisable to be cautious in choosing a broker to avoid financial loss and the risk of fraud.
Why It’s Better to Avoid Brilion24?
Citing specific signs, Brilion24 appears to be a company inclined towards fraudulent activities. Without a Central Bank license, hidden data, and lack of details about its operations, it poses a risk to investors. It is recommended to refrain from investing with such intermediaries.
I am deeply dissatisfied with the broker’s work as they consistently fail to provide comprehensive reviews, detailed activity breakdowns, and thorough trading conditions analysis.