Byget 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.
I requested my data from Byget under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Dedicated account manager|Fast support response
Cons: Cannot customize dashboard fully
Do not use Byget for anything serious. I used them for the past year and a half for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Instant funding|Clear documentation|Multiple order types|Personal attention
Cons: Search feature is basic|No dark mode on mobile
The spread at Byget is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after seeing their ad online and initially thought the platform was good - until I started trading seriously.
Pros: Tax reports included|Segregated accounts
Cons: Email notifications too frequent
Several red flags with Byget: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
After spending since early this year trying to make Byget 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: Comprehensive tools|Multi-device support|Good mobile app|Smooth onboarding
Cons: Nothing significant
The platform at Byget is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.
Pros: Multi-currency support|Responsive team
Cons: Minimum deposit could be lower
My withdrawal from Byget was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.
Pros: Multiple order types|Responsive team|Comprehensive tools
Cons: Charting tools need more indicators|Minor UI glitches occasionally
I referred a friend to Byget through a forum discussion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Full transparency|Fast support response|Good mobile app
Cons: Limited cryptocurrency options
Do not believe the bonus offer from Byget. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited while looking for alternatives to my previous provider and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Helpful community forum|Responsive team|Good mobile app|Economic calendar
Cons: Currency conversion fee exists|Alert system is basic
After since last summer with Byget I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Demo account available|Multi-currency support|Customizable dashboard
Cons: Currency conversion fee exists|Cannot customize dashboard fully