Bavarsis (bavarsis.click, bavarsis-exchange.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61451602190
Addresses: 234 George St Sydney New South Wales 2000 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bavarsis-exchange.com.
I trusted Bavarsis (bavarsis.click, bavarsis-exchange.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Regular updates|Tax reports included
Cons: Wish they had more educational resources|Nothing significant
The only good thing about Bavarsis (bavarsis.click, bavarsis-exchange.com) is that they remind you why regulation matters. I found them based on a colleague's recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Easy withdrawals|Clean UI|Full transparency|Regular platform improvements
Cons: Slow to add new assets
I wanted to transfer my portfolio from another broker to Bavarsis (bavarsis.click, bavarsis-exchange.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: No hidden fees|Good mobile app|Risk management tools|Responsive team
Cons: Would like more payment methods|Alert system is basic
My withdrawal request from Bavarsis (bavarsis.click, bavarsis-exchange.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Stable platform|Copy trading available
Cons: Onboarding videos are outdated|Account statements could be more detailed
Where do I even begin with Bavarsis (bavarsis.click, bavarsis-exchange.com)? for over three years of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Automated trading options|Dedicated account manager|Transparent fees|Real-time alerts
Cons: No live chat on mobile