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BETA CENTRAL PROFITS LIMITED

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Operating status: SCAM

Website: https://beta-centralprofits.com/

Broker violations and abnormal records
  • 2023-08-15 The UK FCA issued a warning on BETA CENTRAL PROFITS LIMITED

    On August 16, 2023, the Financial Conduct Authority (FCA) issued a warning against BETA CENTRAL PROFITS LIMITED, this firm may be providing financial services or products without authorisation. https://www.fca.org.uk/news/warnings/beta-centralprofitscom

    On August 16, 2023, the Financial Conduct Authority (FCA) issued a warning against BETA CENTRAL PROFITS LIMITED, this firm may be providing financial services or products without authorisation. https://www.fca.org.uk/news/warnings/beta-centralprofitscom
  • 2023-08-17 BrokersView has reviewed that BETA CENTRAL PROFITS LIMITED is an unregulated broker

    Information about the regulatory status of BETA CENTRAL PROFITS LIMITED is not reliable as the Financial Conduct Authority (FCA) has indicated that it provides financial services or products without authorization.In addition, it claims that regulated by Austrlian Securities & Investment Commission (ASIC), but after verified, this certificate is fake, neither AFSL nor AR can find this company, and ACN does not exist.

    In essence, BETA CENTRAL PROFITS LIMITED is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Information about the regulatory status of BETA CENTRAL PROFITS LIMITED is not reliable as the Financial Conduct Authority (FCA) has indicated that it provides financial services or products without authorization.In addition, it claims that regulated by Austrlian Securities & Investment Commission (ASIC), but after verified, this certificate is fake, neither AFSL nor AR can find this company, and ACN does not exist.In essence, BETA CENTRAL PROFITS LIMITED is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Is BETA CENTRAL PROFITS LIMITED legit?

jakleen jack
France
2023-09-14
ANSWER No, BETA CENTRAL PROFITS LIMITED is not legit.BETA CENTRAL PROFITS LIMITED showcases a screenshot of the website of Australian Securities and Investments Commission (ASIC), providing regulatory information about a company named "Xeros Super Fund Pty Ltd". By doing so, BETA CENTRAL PROFITS LIMITED is trying to create an impression of being licensed. However, we verified the information and discovered that it is a fake certificate as there isn't such a company in the ASIC register. Furthermore, it is unclear whether BETA CENTRAL PROFITS LIMITED is related to Xeros Super Fund Pty Ltd.In addition, the Financial Conduct Authority (FCA) has issued a warning against BETA CENTRAL PROFITS LIMITED, indicating that it provides financial services or products in the UK without authorization.Therefore, BETA CENTRAL PROFITS LIMITED is an unregulated broker and we strongly suggest investors avoid it. Entrusting the platform with funds and personal information is highly risky, as there are no rules in place to prevent fraud and identity theft. As such, to mitigate such risks, it is advisable to choose a fully regulated one instead.
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