Read our Btn Centre review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a btn-centre.com review.
Is Btn Centre Legit or Scam?
After taking a look at their website, it shows that they do not fall under any regulatory agency. That is a MAJOR RED FLAG!! That alone should be enough for you NOT to invest with them. They also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are infamous scammers.
So, Btn Centre is just another unregulated forex broker, which means the customers aren’t protected, and there is highly likely they will get away with your hard-earned money and there will be no regulating agency to hold them responsible.
How does the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try any conceivable method in order to make that happen. They will offer deals that sound too good to be true. Like we will double your initial deposit or you will make hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, the clients get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Btn Centre reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
Withdrawing funds
You should submit a withdrawal request immediately, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it doesn’t matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It doesn’t matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back from Btn Centre?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all, you need to keep the emails as proof that you have been requesting the money back from them but they don’t give it to you. Or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how they deceived you into depositing money for a non-regulated trading company. Mention also that they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact [email protected] but don’t let your broker know they you read this article or that you are contacting us.
What about wire-transfers?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave Btn Centre reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Btn Centre, and describe shortly what happened. If you fallen victim, please leave a review and a comment on this site at the comment section. Also, when these people change their website, they tend to call the old clients. So, if they call you from a new website, mention it in the comment or let us know about it. Also, if you get phone calls from other companies, please put the name of these companies in the comment. Or you can send them directly to us and we will expose them too.
Btn Centre Review Conclusions
Making the Btn Centre review was our pleasure, and we hope to save as many people from losing their hard-earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Btn Centre review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Damn I new it!! Scam for Sure!!
Now to get my money back.
100% scammers! They inflate your earnings exponentially, and then want more and more money from you.
And withdrawals, ypu ned to pay “tax” to them of 33.36% before they will give you your money. But never do!
Threats of money laundering, tax evasion, legal issues.
If it seems to good to be true, it is!
Do not give this company a cent!
Their agents are liars and use unsuspecting financial advisors information and clam to be people that they are not!
(1/5)
Yep it was too good to be true- Don’t fall for it. I only put in the minimum amount and see my money accumulating but I am not able to withdraw. No response from help centres, phonenumbers of accountmanagers all fake when you try to call them back (at first they called a lot, now that they know I don’t have money well ). It’s frustrating. I just asked for a chargeback at my bank for the money I put in. But yeah they made all these promises…
(1/5)
Be very careful they are ruthless at extracting money from you, especially if you have disclosed other funds. Do not let them screen share which they suggest is to help you navigate their site and to show you fake informational stories to back up their argument. I discovered that the screen sharing simply led to them planting a program on my machine which simply alerts them when I am on that device. They can follow what you are doing, including reading your passwords. My computer man discovered one of these, which although dated, looked idle, that simply awoke and continued to follow and copy when desired. The drive became obsolete as it could not be cleared. Evidence of a Russian program was discovered. I should mention that they communicated through Telegram, which was created in Russia and is undergoing investigation. The main argument was that our banks are withholding the returns that they are making with our money whilst simply paying us 2%. You will see returns of X% (100’s) as a result of their knowledge of stocks yearends and government reports. They are also involved with putting your money into crypto. Good luck Sept 24.
BTN Centre deserve 5 STARS for their SCAMS. It is such a shame that talented people choose to work at defrauding people.
I have invested over the years in fully regulated Bank recommended investments. I chose the “cautious” risk setting for one 5 year investment “money back guaranteed” – that’s exactly what I got (not allowing for inflation, of course). Too many ‘managed’ portfolios just leave the initial choice of shareholdings static, but they still charge fees. I was disappointed – so became a prime target for clever scammers like the BTN Centre employees..
They offer managed accounts with fees only taken from profits! They predict the markets and change portfolios accordingly – just what you would expect from a competent Financial Adviser.
Looking for this ‘breath of fresh air’ in my investments I followed an advertisement and contacted BTN Ceentre. What they offered (very convincingly) met with my requirements. To prove their worth they asked for a £250 sum to demonstrate in my own account. NVidia was my downfall- I just hit their meteoric rise. Within 4 or 5 days my investment had more than doubled.
At this stage they explained that they dealt through kryptocurrency, and showed me how (demonstrating on my PC using remote access) by paying me back the profit on my original stake. Wow! They next told me about ‘over the table’ trading. That seemed a step too far for me at the time, but they said they group several investors to reach the minimum stake for such trading, and then manage that on our behalf. I fell for that to the tune of £5000.
I began to question BTNCentre as I started belatedly to do some due diligence. They had warned me that banks try to “hold on to your money” by querying any large payments (right!) , but when I investigated their address it did not register, there was no information regarding employees and corporate structure etc – all things you would expect to see for a bona fide company.
The were now frequently phoning me for more investment, but I discovered that if I missed a call the number they used changed every time.
I have now given them the opportunity to liquidate my investments and repay my investments to no avail, so I am talking to the UK fraud police.
DON’T TRUST BTN CENTRE.