Beking.biz is an investment firm which claims to generate returns of up to 200% every 10 days. While we were investigating this service, there wasn’t too many confidence boosting factors but rather mind boggling facts which points towards the fact that they are not trustworthy.
This service has been active for around 10 months as of writing this review and has looted a lot of people.
Read our full unbiased review to find out why you should never trust this platform to handle your funds for any reason.
Creator, Company and Contact Details
This website has a very simple design and their presentation is pretty straight forward but that does not mean it is reliable. There isn’t any clue or information about the creators or the the fund mangers behind this platform. The sole reason why the creators have maintained anonymity is to escape criminal prosecution.
Beking.biz represents an ICO wherein money for trading and allied activities is raised from the public and in return they are promised a fixed amount of money after certain period of time. While we were trying to validate the services provided by this firm, we couldn’t find a single document confirming licenses they must lawfully hold.
Since this platform is unregulated and unauthorized we strongly suggest all our readers never to indulge with them in any way.
If you have any queries or questions then the only way to reach support is through a contact form provided on their website. Stop for a second and think does any investment firm operate in such an unprofessional way?
How does Beking.biz work?
This firm supposedly helps any average person to gain financial freedom by offering a range of investment opportunity. This narration is not only inconclusive but does not make much sense also.
They claim to be involved in trading currencies but other than that there is no detailed explanation. There is no verifiable track record of these so called financial experts showing the maximum win rate and draw downs over the years. We are not briefed about their trading approach and we don’t have a clue about the money management and risk management strategies.
Will you entrust a complete stranger to manage your funds? That is what this firm is asking you to do.
What kind of profits can you expect to make with Beking.biz?
Do you like to double your money every 10 days, who wouldn’t right? The type of returns offered by this platform is not only difficult to achieve but impossible to deliver on a consistent basis.
Here are the details of the investment plans
Minimum Deposit – $10
Daily Returns – 2.10%
Minimum Deposit – $501
Daily Returns – 3.50%
Minimum Deposit – $10001
Daily Returns- 5%
According to whois.com this domain was registered on 04/09/2017 and expires on 04/09/2018. The registrant contact is not revealed anywhere.
This website has a global rank of 332,953 and it ranks 48,133 in Russia.
The majority of the traffic to this website are coming from Russia, Colombia, Vietnam, United Kingdom and Switzerland.
Deposit and Withdrawal
The only payment method supported by this platform is PerfectMoney. The minimum deposit amount is $10. The maximum withdrawal limit is not stated anywhere on their website.
They state that the withdrawals are processed with 36 business hours.
This firm is aware of the fact that it can’t be operational for long as it is a ponzi type scheme. So to reach more people in the shortest period of time and earn as much as they can through registration, they provide rewards to anyone who refers more people on to their platform.
Surprisingly, the only condition for affiliates is that, they also have to be an active depositor in order to get their commissions.
Can Beking.biz be Trusted?
Considering all the misinformation, fake claims and lack of transparency on this platform which is not only disturbing but also intolerable Beking.biz is very unreliable to say at the least. If they really had famous trading professionals with a solid track record why do they hesitate to show us?
Beking.biz Review Conclusion
Stop for a moment and take a clear look at this platform, it does not have any characteristics which an investment firm should possess.
If this platform was legitimate they would have offered demo account to the users so that they can see how effective their softwares are in real time, since there isn’t a single thing to prove their profitability do not invest into their platform.