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Bybest Trades

Operating status: SCAM

Website: https://www.bybesttrades.com/

Broker violations and abnormal records
  • May 20, 2025 The FCA issues a warning against Bybest Trades

    On May 21, 2025, the Financial Conduct Authority (FCA) issued a warning against Bybest Trades, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/bybest-trades

    On May 21, 2025, the Financial Conduct Authority (FCA) issued a warning against Bybest Trades, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/bybest-trades
  • May 26, 2025 BrokersView has reviewed that Bybest Trades is an unregulated broker

    Bybest Trades exhibits clear hallmarks of fraud, including the following:

    The platform lures unsuspecting investors with promises of high profits that cannot be realized.

    It falsely claims to be registered, presenting two falsified certificates to create the illusion of legitimacy and authenticity.

    The Financial Conduct Authority (FCA) has issued a warning against Bybest Trades, citing its operation without the required authorization.

    In essence, Bybest Trades is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  Bybest Trades appears to be a scam.

    Bybest Trades exhibits clear hallmarks of fraud, including the following: The platform lures unsuspecting investors with promises of high profits that cannot be realized. It falsely claims to be registered, presenting two falsified certificates to create the illusion of legitimacy and authenticity. The Financial Conduct Authority (FCA) has issued a warning against Bybest Trades, citing its operation without the required authorization. In essence, Bybest Trades is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Bybest Trades appears to be a scam.

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