The similarity between Wintersnow Ltd and Bullet Global Investment Ltd (BGI)

About Winter Snow Limited

Winter Snow Limited is an online forex broker offering clients CFDs products of several trading instruments, including forex, stock, spot index, futures, precious metals, and commodities. WikiFX did a thorough review of Winter Snow Limited and failed to find any information about this brokers contact number and business registered address. Additionally, it has been listed in WikiFX's Scam Brokers list. We remind you that investing in a broker with such a low score is risky for your fund safety.

Wintersnow Ltd has changed its name its name to GSM, causing withdrawal failure. for more details, please click the link below.

https://www.wikifx.com/en/newsdetail/202209239944664188.html

About BGI

Bullet Global Investment Ltd is an online forex broker. It is a newly established broker registered in the United States. According to WikiFX, this broker is not regulated. It does not hold a legitimate license. WikiFX has marked it as a “No License” broker. 1.35/10 has been given to Bullet Global by WikiFX, which is a warning that investing in this kind of broker is risky for your assets.

Abscond with the money

As we know so far, BGI has run away after defrauding investors money. For more details about this issue. Click this link.

https://www.wikifx.com/en/newsdetail/202209228734220674.html

Regulation Status: Unregulated

One of the obvious similarities that WinterSnow Limited and BGI share is that they are unregulated brokers. Since they are not regulated by any regulatory authority. They can take clients money away fraudulently. As a result, no one can hold them accountable.

Extremely low WikiFX score

Since both brokers have been considered scams, they have fairly low WikiFX score (less than 2.0).

Too many complaints

WikiFX has received too many complaints against these two brokers. The biggest problem of BGI and Winter Snow Limited has lain on the withdrawal refusal. It is not a surprise that scammers always take clients funds away fraudulently.

Exposures against BGI on WikiFX

WikiFX has received 15 complaints against BGI within 3 months.

Exposures against WinterSnow Ltd on WikiFX

WikiFX has received 28 complaints against Wintersnow within 3 months.

Conclusion

The scam brokers usually have a lot of similarities. It's important that we have the awareness to find them. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!