Review of the Buy4Power Company: Critical Fact-Check
Worldwide fame in a very short time – that’s what the broker Buy4Power claims about itself, stating that they have over 100,000 clients in 100 different countries. But how truthful are these claims, when the first reviews appeared just a few months ago? Professional analysis hints at hidden lies in the company’s statements. To get a reliable picture, an expert review will be conducted, within which the terms of cooperation, trading possibilities, and the company’s reputation in the online environment will be examined (there are numerous statements about this broker on independent resources).
Information about the Parent Company Buy4Power
Looking at the official website of Buy4Power, which is available only in two languages (English and Russian), doubts arise about the broker’s presence in different countries. Suspicious attention from scammers is focused on traders from former socialist countries.
There is no trust in the online platform buy4power.com. It is not surprising that specialized services value it at a hundred dollars. This amount is quite significant. The website design is awful, and there is hardly any specifics; most of the content is dedicated to fake collaboration advantages.
It is clear that no reputable company would want such a representation. However, this does not stop scammers, as their goal is to lure gullible newcomers who will believe false promises and beautiful slogans like “A Company Known Worldwide.”
Anonymous scammers started their activity recently, confirmed by the domain registration date. The site buy4power.com was launched on 06/15/2020, indicating that the fake broker’s real work experience is only a few months. This automatically shatters the myth of 100,000 clients.
It is unlikely there are so many naive people who would leave their money outside the legal sphere. The Buy4Power platform claims to be based in the Marshall Islands (address: Trust Company Complex, Ajeltake, Road, Ajeltake Island Majuro).
By analyzing previous reviews, it can be learned that these coordinates point to many financial scammers. Trader-users claim that scammers actually operate not from the Marshall Islands, but from one of the CIS countries, carefully concealing their location.
Buy4Power has no registration documents or broker license. The company operates illegally! Despite actively collaborating with Russian traders, it does not have permission from the Central Bank. By registering on a pseudo-platform, each user should realize the associated risks and responsibilities, which fall entirely on their shoulders. Customer feedback shows that the company refuses to take responsibility for deposit losses.
Contact Information of Buy4Power: Available Means of Communication
Why does a broker who, as they claim, “knows the whole world,” have so few means of communication – a mystery. Apparently, the broker is not interested in creating a community on social networks, as they do not want to face honest reviews and constantly restore their reputation.
To contact support, you can:
- call at the phone numbers: +4420380711331 (UK), +749900937421 (Russia),
- write via email: [email protected],
- use the feedback form.
It has been established that the numbers listed on the Buy4Power website are fake (each of them has one digit more than required). As for email addresses and the feedback form, scammers use them to steal users’ contact information. After that, it is easy to come across bold calls and constant spam mail.
Registration Process on the Buy4Power Platform
One thing the globally famous fake broker does not lie about is the ease of the registration process. To create an account, you need to fill out only 6 fields in the form:
- name,
- surname,
- password,
- date of birth,
- email address,
- phone with international code.
Even at the registration stage, Buy4Power forces potential clients to accept unfavorable conditions. Everyone wishing to register on the platform must agree to the scammers’ rules of the game. It is important to note that the customer agreement says nothing about withdrawal procedures. It is very simple: profit withdrawal is not provided for at all on the Buy4Power platform. Reviews from deceived users confirm this.
Review of Trading Possibilities: Buy4Power Tariff Plans
The fake broker claims to provide access to trading over 400 assets, including:
- major currencies,
- commodities,
- stock indices,
- stocks,
- cryptocurrencies.
Buy4Power claims to offer trading on an ideal platform, but doesn’t even mention its name. To get any information about the platform, you need to open an account and deposit funds to the Buy4Power platform. There is no educational account with the fake broker, so you have to start trading with real funds from the beginning. The risk of losing your savings is high, as confirmed by negative trader reviews.
Let’s consider the Buy4Power tariff plans:
- Minimum. A deposit of $500 is required. These are minimal losses to participate in the fraudulent project. Features include a spread difference starting from 3 points, analytics, 24/5 technical support, fund withdrawal within 48 hours,
- Silver. To open such an account, you need to deposit $5,000. Despite the significant difference in the deposit amount, the conditions are practically the same as the minimum plan. The main difference lies in the bonus rewards, which in the “Silver” program reach 50% of the deposited amount,
- Gold. Starting deposit from $25,000. Specifications include daily market reviews, bonuses up to 80% of the deposit amount, fund withdrawal within 24 hours,
- VIP. To open an account, you need to deposit from $100,000. Promises include bonuses up to 100%, round-the-clock support, professional consultations, and priority fund withdrawals.
There is little detail provided regarding trading options. The fake broker is not interested in the customers’ needs; only their money matters.
Reviews about Buy4Power
Despite its youth, Buy4Power has managed to deceive a large number of people. Check out the reviews to understand that this is just another scam scheme:
Review of the Buy4Power Deception Scheme
The details of the fraudulent scheme are presented in the following review:
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Final Conclusion on Buy4Power
Buy4Power – a company claiming leadership but by no means deserving any trust! This is a scam by anonymous fraudsters who lack registration confirmation and a broker license. The creators of this firm will ruthlessly deceive you and take away all your savings.
