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Rating Forex / Brokers / Balanceplus (balanceplus.info)

Balanceplus (balanceplus.info)

Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?

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    🔍 Balanceplus – review of the brokerage company website, customer reviews, expert conclusions

    Balance+ is a platform that acts as an intermediary broker when traders carry out trading operations. The project’s website lists many advantages – a reliable and impeccable reputation, has been operating since 2008, a wide range of trading tools, market analysis, user support through a personal manager, representation in different regions, etc. But no specific evidence of the entire list of these advantages can be found.
    📍 B There are many revealing reviews of the Balanceplus broker found on the Internet; let’s figure out what the project’s creators offer and whether it’s worth using their services.

    Status

    Broker scammer

    Year of launch (declared/real)

    2008/2024

    Regulation

    It is positioned as a brokerage company occupying a leading position in online trading. A Forex tutorial is provided for beginners. Registered users are promised daily analytical reviews and market analysis, investment recommendations

    Pros
    • Two trading terminals
    • Multiple trading accounts with detailed information
    • Primer
    Cons
    • Lack of registration and license Inaccurate information about the company's work experience
    • Deception with a guarantee of the safety of funds invested by clients
    • Lots of negative reviews and revelations on the Internet
    Trading platform

    Balanceplus

    Account currency

    U.S. dollar

    Available accounts

    Four – Basic, Standard, Premium and VIP

    Account replenishment and withdrawal of funds

    Bank cards, cryptocurrency. Withdrawal within 3-5 days

    Platform Tools

    MetaTrader4 terminal

    Minimum deposit

    150 dollars

    Leverage

    Depending on the financial instrument

    Mobile trading

    Done

    affiliate program

    No information

    Competitions and bonuses

    No information

    📲Features Balanceplusinfo: taccount types and tariffs

    The Balanceplus project is presented on the Internet by the official website balanceplus.info, designed on a grand scale. But mostly general phrases prevail; specifics are visible only in the description of account types, but without any confirmation.
    The creators of the platform write that it has been working for 15 years, since 2008 – below we will show that this is a hoax.
    There is no section with a license, and in the regulator part the Cyprus Securities and Exchange Commission (CySEC) is indicated. Note that many fraudulent brokers like to refer to the address of this company. Moreover, no copies of documents are provided, but it is unfoundedly stated that Balanceplus is registered in 29 countries, including the Central Bank of the Russian Federation.
    The contacts indicate only a few mailboxes of various departments; they also offer to contact by phone (but the number is not indicated), and also through online chat in your personal account.
    Specific offers to clients are listed in the Account Types section. There are only four of them, brief characteristics and minimum deposits are given in the table:
    Basic (for beginner traders) 100 dollars
    – spread from 0.0 points;
    – Margin Call level 100%;
    – Stop Out level 50%
    Standard (for experienced traders) $3,000
    – spread from 2.0 points;
    – Margin Call level 100%;
    – Stop Out level 50%
    Premium (for advanced traders) $10,000
    – spread from 1.0 points;
    – Margin Call level 20%;
    – Stop Out level 10%
    VIP (for professionals) $50,000
    – spread from 0.9 points;
    – Margin Call level 15%;
    – Stop Out level 5%

    As for replenishing your account and withdrawing money, you can top up your balance through a bank card (a wide list of currencies is provided, including the dollar and euro), as well as through a crypto wallet. Processing a withdrawal request, according to the project creators, can take from 3 to five days.

    ⚠️ Factors that expose the Balanceplus project

    The creators of the project claim that they have been working since 2008, but checking the domain showed that it was created a little over a month ago – June 24, 2024.
    CySEC in Cyprus is listed as the regulator, but Balanceplus broker documents were not found on its website.
    Registration with the Central Bank of the Russian Federation also turned out to be fake; when searching on the website cbr.ru, it turned out that the broker balanceplus.info was engaged in illegal activities.
    All this confirms our assumption and the fraudulent nature of this project, which we strongly do not recommend collaborating with.

    Expert opinion

    Eugene Rudenko

    The Balanceplus company website is a beautiful wrapper, inside of which there is, in fact, emptiness. There is no license, the declared wide range of services is not confirmed by anything, deception with work experience – all this already looks like a scam. And the i’s are dotted by reviews from users who cannot get their money back. Therefore, only financial losses await those who decide to cooperate with this broker.

    Want to spread the word about your company or have you been in a negative review? Contact the portal editorial office right now

    📢 Reviews about the broker balanceplus.info from real clients

    In fact, in just a month of work, the Balanceplus broker managed to collect so many negative reviews that it would be enough for others to work for a year. There are no positive ratings; user reviews are not published on the company’s website. On the Internet, customer complaints and complaints are mainly related to the inability to withdraw money.

    For example, one of the investors tried to withdraw funds, but for some reason the payments were sent to private cards and, as a result, the money was completely lost; technical support did not help.

     Balanceplus отзывы

    And there were thousands of such examples, including blocking of accounts and draining of deposits.

    ✍️ Let’s summarize

    Below we note the main pros and cons of the project, but the pros are conditional, because not confirmed by anything

    ❗ You definitely cannot use the services of a broker who operates illegally and is also engaged in deception. This will only lead to loss of client funds and frayed nerves.

    Those who have already invested their money in the Balanceplus company and were banned can use the help of qualified lawyers. 

    ✍️ Please fill out the application form on our website.

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    FAQ

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    How do user reviews affect the rating of Balanceplus?

    They influence, and in the most direct way. This is the main criterion in assessing a brokerage company, determining its place in the ranking of the best brokers and getting into blacklist of brokers. You also have the opportunity to analyze reviews of Balanceplus on this review page.

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    How can I write a review about my experience of working with Balanceplus on the Forex Rating website?

    This can be done literally in 5 minutes – go through a simple and free registration procedure on the Forex Rating website, you will receive a confirmation by email, and then you can also use the detailed instructions on the website for writing a review about Balanceplus.

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