Borsen Verein Menger promises clients the opportunity to open up their future with investments and trades based on individual strategies. The company is claimed to be registered in Switzerland and has an office in the country. However, despite this, the project is likely young: its website was created in January 2024, although the main page states that the organization has existed for 12 years. Furthermore, the broker does not mention its license anywhere and is probably operating without one. Do you think this company can be considered reliable?
Trading Conditions
The minimum amount for trading is 250 euros, and leverage is 1:400. Founder also promise floating spreads of 0.5 points. The broker offers their trading platform MT7 with access to CFDs on currency pairs, commodities, metals, futures, stocks, and decentralized assets. There are also the following types of accounts:
- Standard.
- Gold.
- Platinum.
- VIP (with fixed income).
Clients of Borsen Verein Menger can contact customer support or use trading consultations. There are no demo accounts, but there is a seven-day trial period. The broker also offers insurance and deposit protection, and platinum clients receive 5 risk-free trades.
FAQ
Would investing in Borsen Verein Menger offer the best returns?
The company offers trading CFDs on an unproven platform, which makes cooperation with it unreliable.
Does Borsen Verein Menger carry out withdrawals?
Some reviews mention problems with withdrawing funds. We would be happy if you’ll share your experience of working with this company with us.
May I be scammed on bv-menger.com?
The project claims to have been operating for a long time, but due to the recent domain creation, we are not sure about its authenticity. Therefore, yes, you can be scammed.
What's the best way to share my experience with bv-menger.com?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.
And I'm not the only one in this situation... My friends even receive spam emails from bv menger com. Is their business really going so badly that they don't use normal, non-intrusive advertising methods?
Moreover, I noticed the leverage. It reaches 1 to 400 there. This is a clear sign that the company does not have and cannot have a license. Regulatory authorities understand how big of a deal this is and do not approve of such brokers. This means that you won't be able to go to the police if something happens.
The minimum deposit is also a mess. It says 250 euros on the main page, but then it says 5000 euros on the account types page. They're so caught up in their own lies. I don't even believe Borsen is registered in Switzerland, they're probably just trying to pull the wool over our eyes. All I can say is, don't ever take these companies seriously. They could cost you a lot of money.
But then things went south. They started calling me and telling me that now I should deposit a large sum of money because I had already seen that the withdrawal function works. And guess what? As soon as I topped up my account with 10 thousand euros, access to my account was suddenly restricted. What happened? Where are your promises now?