Forex Brokers

Bayleys Investment

1.4 (9 reviews)
🇳🇿 New Zealand
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1.4
9 reviews
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About Bayleys Investment

Bayleys Investment has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

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Customer Reviews

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Arbitration clause traps you

C
Caleb E.
2 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Bayleys Investment is disorganized and incompetent. I found them after hearing about them at a conference and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Dedicated account manager|Stable platform

Cons: Slow to add new assets|Alert system is basic

Do not waste your money here

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Vanessa M.
2 months ago

Bayleys Investment has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Dedicated account manager|No hidden fees|Easy withdrawals|Full transparency

Cons: Account statements could be more detailed|No dark mode on mobile

No 2FA when I signed up

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Seth W.
4 months ago

My card was charged twice by Bayleys Investment on the same day. I had to dispute it with my bank. Bayleys Investment then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Two-factor authentication|Intuitive for beginners

Cons: Help articles are sometimes vague|Live chat only during business hours

Listed in warning databases - be aware

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Rachel A.
4 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Total fraud - reported to authorities

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Richard I.
5 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Bayleys Investment is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Pros: Initially responsive customer service

Cons: Lost entire investment|Reported to authorities|Unresponsive

Rip-off dressed as a service

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Patrick P.
6 months ago

The mobile app from Bayleys Investment is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Regular updates|Multi-currency support

Cons: No live chat on mobile

Did my research - this is suspicious

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George W.
7 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Bayleys Investment has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Pros: Website looks legitimate on the surface

Cons: Unauthorized firm|Found in IOSCO warnings database

Total fraud - reported to authorities

K
Kevin N.
11 months ago

I want to warn everyone about Bayleys Investment. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Not what they promise

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Aiden W.
11 months ago

After spending for a couple of months now trying to make Bayleys Investment work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Personal attention|Fast execution|Fast deposits|Reliable uptime

Cons: Cannot customize dashboard fully|No integrated tax optimization