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Why is Hybio Global Limited a scam?

Started by Admin, Jun 01, 2023, 09:59 AM

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Topic keywords [SEO] scamLimitedGlobalHybio

Admin

This material contains the following information:
  • What is known about Hybio Global Limited;
  • Indisputable arguments that Hybio Global Limited is a scam;
  • Less significant indications that Hybio Global Limited is a scam.

From the start, it was clear that the degree of professionalism and competence at Hybio Global Limited was clearly close to zero. Their platform was constantly unreliable, with constant technical problems and a user interface that can only be described as ludicrous and confusing. This alone made the execution of transactions unpleasant, but the trouble did not end there.

Even worse, it had a meaningful impact on me on a sensory level. Not only did I lose a large amount of money due to the fecklessness of Hybio Global Limited, but the whole incident left me with an aftertaste of betrayal and a lasting mistrust of the brokerage industry. I can't escape the bad memories of the countless hours spent resolving technical problems and compensating for financial losses caused by the fecklessness of this office.

Reviews on Hybio Global Limited

What do the reviews on Hybio Global Limited say? Mostly about fraud and total incompetence of managers of Hybio Global Limited. The ratio of positive to negative opinions is definitely in favour of the critical ones. The positive reviews on Hybio Global Limited are similarly not all that simple. The problem is that all of them are somewhat too complimentary and were made not so long ago and around the same time. All this indicates that these positive reviews are fake. Below is one of these reviews:
"Hybio Global Limited is a cool organisation! The company has a brokerage license in place. I earn 150-200% per month from the amount in my account and I spend 15 minutes a day trading. I recommend Hybio Global Limited to anyone!"
Really cool organization! The only one that is able to make an average trader a millionaire for a few years, because he can earn one hundred and fifty to two hundred percent a month. We are sure it is clear that this is not a real review.
Here's another review on Hybio Global Limited taken from Reddit:
"Hybio Global Limited is the coolest broker on the market. I don't understand why it's not already number one in the Eurozone and US! The services are very profitable, the analysts at Hybio Global Limited are very qualified. I have been working with the broker for three years now and I am doing well."
And we also don't understand the reason why this broker is still not the best... among the scammers.
Notice that those people who engaged in fake reviews are not even themselves aware of Hybio Global Limited "working" for only six months, but definitely not for several years that this character is working with Hybio Global Limited. No proofs are given that the managers of Hybio Global Limited are "very competent".



Consequences of dealing with Hybio Global Limited

What happens in a situation where you or someone else ignores all the evidence mentioned here and decides to try and collaborate with Hybio Global Limited? Let's find out. Let's take a review of Hybio Global Limited from the Trustpilot website:
"I am writing this review to share my traumatic experience with Hybio Global Limited and to warn potential clients before they even consider giving their hard-earned cash to this firm. In my many years of trading experience, I have never dealt with a more negative brokerage firm, and it has given me a bitter taste in my mouth and a big decrease in confidence in the industry in general.
What else does a decent brokerage platform have to have? Research tools! A brokerage platform should give investors access to analytical tools and resources. These can include financial news, analyst reviews, company financials, technical analysis tools and more. These resources allow investors to make reasoned investment decisions rather than do whatever they want. And how can one make normal investment decisions when all Hybio Global Limited has on its platform is a calendar? Real brokerage firms make sure that their clients have everything they need to make good decisions, because it directly affects the long term prospects of partnering with each other.

comparing Hybio Global Limited with a normal firm

In this part of the piece there is the following information:
  • What a normal brokerage organisation's platform should look like;
  • What about Hybio Global Limited's platform;
  • Comparison of a good brokerage platform with what Hybio Global Limited has;

A quality investment platform should be available in both mobile and desktop versions. In today's fast-paced world, clients should be able to access their brokerage platform on the go. This, by the way, will enable them to follow fast-changing situations and quickly sell or buy an asset if they have good reasons to do so. A good platform must have a flexible mobile app, as well as a fully functional desktop version, in order to meet the many different aspirations and needs of investors.

In addition, robust security features are an extremely important feature of a good brokerage platform. Ensuring the security of users' personal information and funds is of key importance. A reliable investor platform should have good security features in place, such as two-factor verification, encryption and secure socket layer (SSL) techniques. All of these and other things should firmly protect traders from fraud, account theft or hacking into the investment platform itself with massive data leakage. None of the above is anywhere near on Hybio Global Limited's platform.

As we can see, not only did the person lose money and mental health, and at the same time did not get any good trading experience, only disappointment in forex. If you look at other reviews, there is about the same content. The most common reasoning is that Hybio Global Limited does not withdraw investments. People also write about the global unqualification of Hybio Global Limited representatives. Looking at reviews on Hybio Global Limited, we have repeatedly seen data on the fact that representatives of the broker in communication with investors use obvious manipulation and allow themselves to be insulted. Reviews on a normal investment firm should say otherwise, or at least things shouldn't be that bad. In general, the opinions on Hybio Global Limited also clearly show that Hybio Global Limited is a common scam.

The most important fact which confirms that Hybio Global Limited is a scam

Of course it's about the lack of regulation. The regulator has several tasks including inspection of brokers' offices, inspection of firm's representatives, examination of financial statements, investors and checking company's liquidity. But the regulator's most important task is to prevent financial manipulation. Financial frauds can be different, such as writing off a trader's money without his permission, or using a client's money for operations he has not consented to. In the months before the crisis of two thousand eight and nine, the largest banks in the United States were engaged in such activities on a massive scale. The trader can, for example, recover the money through the regulator. The regulatory authority has its own criteria, by which they check the qualification of analysts of financial structures, including brokerage companies. This in turn gives a guarantee that their investors are dealt with by professionals. Hybio Global Limited does not have any licence, not even permission to trade from some fictitious entity.

What is known about Hybio Global Limited

In brief, almost nothing. The firm was established in 2022. Where exactly it is located is unknown. There is no credible information for just over six months of the broker's existence. There is only negative information about the company, but first things first. Our editorial team decided to try and find information in the Internet about where the office's registered office is located, but nothing was found. On the contrary, a reliable firm tends to be most open and transparent and inform its traders, so investors know whom they want to entrust their money to, but as we see, the Hybio Global Limited owners do not think so.

Personal experience of "trading" with the broker

The information given earlier was already enough to make a correct conclusion about the Hybio Global Limited. We decided on our own to see everything to be a hundred percent sure.
We registered, the manager of Hybio Global Limited called us and almost immediately started persuading us to make a large amount of money. We deposited the account for the minimum amount of 25$ and tried to use some tips provided by this broker. What happened next? We lost almost all our money in a couple of transactions and decided to return the money, but they didn't give it to us. An employee of Hybio Global Limited called again and tried to dissuade us from taking the money back and even replenish the account and make trades again, and according to him if I had done that I would have been compensated for my loss. However, it is unclear for what reason the managers did not want to just compensate without me additionally giving the manager personal money. It's not hard to understand that even if I had done that, the managers still wouldn't have given me the money, not a penny.

What other signs and evidence is there that Hybio Global Limited are scammers?

As stated above, Hybio Global Limited and its employees are no strangers to aggressive selling, insults, displaying blatant stupidity, using marketing gimmicks like offering very high profits, falsifying opinions. Hybio Global Limited has no legal data on its website, not even a public offer agreement, but there have to be legal documents proving the company's regulation, registration details and, optionally, some sort of merit. The search engine results are the same as the opinions, they are all the same. The fact that Hybio Global Limited does not refund money is a common indicator of a scam. Representatives of Hybio Global Limited also like to send signals that do not work, which not only make it impossible to get money, but on the contrary, all the money evaporates. Scammers often dump these signals to make a profit and get more commission. But it is more likely to refer to consultants of white investment firms, which are engaged in scam in this way. But the very frequent technical failures of the Hybio Global Limited platform is also a clear indicator of a scam.

A good investor platform should have a user-friendly interface. A well-designed, subliminally understandable user interface is essential for a trading platform. It ensures that users can easily navigate the platform, manage their accounts and make trades without any problems. There is none of this on Hybio Global Limited's platform. By the way, we know many different platforms and this is a familiar thing to us, yet it is difficult to navigate on this platform specifically, despite considerable experience.
A good brokerage platform should have a variety of investment options. A good brokerage platform should provide a sufficient range of trading solutions, including stocks, bonds, ETFs, mutual funds, options, futures and other securities. This allows people to protect their personal accounts from risk and gain access to a variety of asset classes. There are quite a few currencies on the Hybio Global Limited platform, but the catch is that Hybio Global Limited fraud and dealing in these instruments is not real, it's all virtual, like a game. Buying gold through the Hybio Global Limited platform you are not really buying anything because Hybio Global Limited is not licensed and therefore not allowed to interact with the international markets and therefore you are not really buying anything through a brokerage company on the international market. In general Hybio Global Limited's platform not only has terrible usability, but it is also quite ugly from an aesthetic point of view.
Entrusting your money to Hybio Global Limited is a decision you will definitely be worried about, as I am at the moment. I was faced with the unpleasant reality that this is the worst thing that could have happened to me as a human being and I think my experience will serve to forum users who, are considering giving their money to this ugly brokerage company."

When it came to the main aspect of accompanying investors, I got very angry. Their representatives were either unresponsive or incapable of resolving my difficulties with any semblance of competence. I realised that I was in contact with a brick wall and my requests for help were being ignored. In that situation I promptly needed support at a time of sharp price movements, I was in a difficult position, which ultimately resulted in me losing a significant amount of money.

Let's now get down to comparing what Hybio Global Limited and the white average office offer. What should a good brokerage platform look like? A good trading platform is the main tool for investors to access the financial markets and make informed investment decisions. A good platform must have both cent and demo accounts in addition to the standard one.

Closure

You have seen it all yourself. Hybio Global Limited stands out even among the scams. The company is so awful that there is no place to put a stigma on it. The reviews on Hybio Global Limited that don't look like artificial are filled with criticism. People generally talk about money not being refunded, managers being rude, the platform being uncomfortable, constantly hovering, trading with Hybio Global Limited leaves only unpleasant memories. If you do not want to be faced with the same as the other traders, in any case do not even leave your contact details on the website Hybio Global Limited, or if you have already left them, just block the phones of investors and ignore them. If you do talk to them, there is a risk that cheaters with their skills and experience of trickery can wrap you around their fingers and steal your hard-earned money. Because scammers don't just offer investment options, they try to gain the trust of their victims by befriending them and luring them in with promises of higher earnings.