Bex500 claims to be operated and managed by BEX500 Global Limited, a professional and efficient trading platform provides 40+ leveraged crypto products, including perpetual contracts, Forex, Commodities and exclusive Double Contracts. However, this company presents neither details about its company office address and regulation, nor any details can be used to trace this company. Lacking such important information is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. 

The truth is, Bex500 is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.