At first glance, the company may seem solid and serious — an office in the UAE, a long operating history, and regulations in place. However, behind this facade of seriousness and success lies nothing more than a typical scam. Welcome to the Bemo Investment Firm LTD review, where you’ll learn why you shouldn’t trust this platform with a single cent.
Key Features
- Company Name: Bemo Investment Firm LTD
- Website: https://bemoinvestmentfirmltd.vip/
- Available Contacts: [email protected], +441294620177, +97145864607
- Foundation: 2024
- Services: CFD Trading
- License: No
- Initial Deposit: €100
From Sign-Up to Payout
Let’s start with an analysis of the official website. Upon visiting bemoinvestmentfirmltd.vip, you’ll see a video supposedly showing the company’s office. However, there’s something strange — on the employees’ monitors, instead of charts and trading terminals, there is programming code and some unclear windows. Is this really a brokerage office or an IT firm?
The standard menu, which is usually located at the top of the page, has been moved to the right. The design is done in dark green tones, reminiscent of “The Matrix”. The graphic elements include images of charts, precious metals, financial assets, and laptops. Overall, Bemo Investment Firm LTD offers nothing interesting or unique.
Like most similar brokerage sites, the Bemo Investment Firm LTD website is filled with loud but empty phrases, such as “Engage in market trading with the broker for the people”. There are no links to regulatory registries, no social media accounts, and the claimed advantages and merits are not backed by any real evidence.
Okay, let’s try registering to see what the personal account and platform look like. The registration process in Bemo Investment Firm LTD is standard: the user needs to provide a name and contact information, create a password, and enter a registration code.
It turns out the registration code is mandatory. Without it, you won’t be able to create a personal account. What? Why? Why introduce such a barrier? Why not allow users to register freely and then enter a referral code if needed?
It’s unclear whether the KYC process is mandatory for trading, as the AML&KYC policy is absent from the site. However, there is a deposit and withdrawal policy, which is at least something. According to this information, Bemo Investment Firm LTD supports transfers via bank cards and cryptocurrency.
The most suspicious aspect is the mandatory registration code. In the past, when we encountered such practices, where a company restricted access to the platform without a code, it always turned out to be part of a fraudulent scheme.
Our Trading Experience With Bemo Investment Firm LTD
Since it’s impossible to register an account without a code, we have no way of even seeing what the terminal looks like. This means it’s impossible to objectively assess its capabilities or draw any concrete conclusions. We are left to rely only on the superficial description of the platform on the website.
There is no dedicated section on the site that provides a detailed description of the platform, its functionality, availability of mobile versions, or other key features. Bemo Investment Firm LTD simply proudly calls its software “Number 1”, which is hard to agree with. What options are available to traders? That remains a mystery. We highly doubt that any advanced or well-known platform with the necessary tools is being used here. Most likely, it’s just a basic, primitive web terminal and nothing more.
The Reality Check
The broker is highly suspicious. Closed registration and the lack of platform descriptions don’t suggest that this is a serious organization. Next in the Bemo Investment Firm LTD review, we will examine the registration address, licenses, and other aspects of its operations. This is an important step, as it will reveal whether we are dealing with scammers.
The firm boasts about having an office in the UAE and holding a DFSA license, allegedly issued in 2008. Alright, let’s turn to the official DFSA registry for help. It shows that a company named “Bemo Investment Firm LTD” was indeed registered on March 11, 2008. However, the listed types of activities do not align with brokerage services:
- Advising on Financial Products.
- Arranging Deals in Investments.
- Arranging Credit & Advising on Credit.
Moreover, the contact information is different. We also found the official website of this Dubai-based company: bemobank.com. As you can see, it is clearly different from bemoinvestmentfirmltd.vip.
This is just absurd. The company is blatantly using someone else’s registration details and licenses. Hopefully, it’s now clear to you that these are scammers, not an honest and transparent broker.
By the way, this is a fairly common scam tactic. Bemo Investment Firm LTD took an existing firm, appropriated its name, created a website, and used someone else’s data. All of this is just to create the illusion of a serious broker and scam those traders who won’t be able to spot the trick.
How Long Has Bemo Investment Firm LTD Been in the Game?
Don’t trust the company’s claimed operational history either. It hasn’t been around since 2008. The original organization, which the scammers are impersonating, has been operating for that long. These scammers only started swindling people recently. Their website domain was registered on June 15, 2024, so the actual time they’ve been in operation is just over four months.
Extra Fraud Indicators
To further confirm this, we checked the company for additional signs of fraud. Here’s what we found.
Bemo Investment Firm LTD claims to operate under the A-Book business model. This means the company supposedly sends its clients’ orders to liquidity providers: banks, non-banks, and ECN networks. Where is the proof? For example, the names of these liquidity providers or an explanation of how this business model works. In reality, this is just another lie, and the scammers do not route traders’ orders to interbank markets. All orders are executed automatically within the platform, which means the broker has no interest in its users’ success. Its only source of income is to take clients’ money.
We also noticed the logos of Anydesk and TeamViewer programs. These tools allow remote access to your desktop. A long time ago, scammers frequently used this tactic to drain their clients’ funds or steal personal data. It seems this fraudulent scheme is back in use.
Is Bemo Investment Firm LTD the Right Fit?
We’ve thoroughly examined this brokerage and can make a definitive conclusion: we are dealing with scammers. These fraudsters are hiding behind someone else’s name, registration details, and licenses. The broker is not officially registered, and its activities are completely illegal. Various fraudulent schemes are clearly being used here. We strongly recommend staying away from this platform.
These are outright fraudsters… they prey on trusting people… just scamming and that’s it, nothing you can do… they only accept crypto… no bank cards… so don’t even think about giving them your money… I wish these anonymous scammers would be found and jailed for life…
I lost over 5,000 euros to Bemo Investment Firm LTD. And I can’t get that money back. Here’s how it happened. I trusted the company because I saw that they had a license and had been in operation for nearly 20 years. I thought, why not invest some of my savings here to trade and earn additional income? I had long wanted to start doing something to grow my capital. But it turned out they were scammers who wouldn’t let me trade peacefully. They kept calling me, offering bonuses and various promotions, but I kept refusing. One day, I logged into my account and saw a bonus credited to my balance. I started contacting customer support to have it removed, but they ignored me. Because of this bonus, I’m now unable to withdraw funds. I can’t get my money back. I have 3,500 euros left. The scammers deliberately gave me the bonus without my consent so they could have a reason to deny my withdrawal. Stay away from them.