Bison Stuttgart Review – Hidden Conditions, Fake Features and More

In the company’s presentation, we can see they present themselves as German-based. Also, they claim they have founded the firm in 2005.

However, for your information, many details don’t add up, starting with Bison Stuttgart reviews, domain age, and much more. But to see exactly why not to trust this firm, make sure to read this Bison Stuttgart review until the end.

Broker status: Unregulated Broker
Regulated by: No regulations
Operating Status: Active FX and CFD trading scam
Known Websites: https://bisonstuttgart.com/
Blacklisted by: BaFin
Owner: BisonStuttgart-Finanzportal GmbH
Headquarters Country: Germany (allegedly)
Foundation Year: 2023
Online Trading Platforms: Web-based
Mobile Trading: Not available
Minimum Deposit: $250
Deposit Bonus: N/A
CFD Trading Option: Yes, you can trade CFDs
Crypto Asset Trading: Yes – BTC, ETH, XRM
Available Trading Instruments: Forex, stocks, cryptos, commodities, indices
Maximum Leverage: 1:400
Islamic Account: Not available
Free Demo Account: Not available
Accepts US clients: US clients are not accepted
Global Fraud Protection Experts’ Verdict: With or without a warning from BaFin this company wouldn’t be a safe option to invest money in. If you already did, contact our chargeback team immediately for advice.

Is Bison Stuttgart Legit or a Scam?

Any European brokerage is quite easy to investigate. Primarily, they should comply with European Securities and Markets Authority (ESMA) regulations. On top of that, there are trusted local regulators for every country. In this case, it would be BaFin. Yet, searching for a license was quite easy. We didn’t find any.

Instead, we found something even more interesting. It seems that the Bison Stuttgart broker was operating without authorization. After all, that’s why we can see a warning from BaFin against this firm. After this, it’s not even worth looking at FCA, ASIC, or CFTC databases. In the end, if the company was licensed, they would present it proudly.

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Traders Experience With Bison Stuttgart

We can see a huge misleading sign with the company’s reviews. On the Trustpilot platform, we can only see 9 comments. Even though those are quite positive, they are hardly believable, primarily because the company has claimed to have been operating since 2005. Yet, their domain was registered in November 2023. That would mean they should have far more reviews.

On top of that, after a warning from BaFin, there’s no doubt those comments are fake. Therefore, if you find yourself as a victim of this brokerage, feel free to contact us for consultation.

How Does Bison Stuttgart Work?

Scam firms usually lure traders through fancy adverts to register for some free or low-priced content. Once they sign up, the agents viciously start calling clients. Either you deposit the money or change the number. Those are realistic solutions.

In any case, once traders join, they will quickly be persuaded to put in more money. This is completely understandable because of one thing. The company uses a manipulative platform. This way, they can control clients’ emotions and make them believe in fairytales. In the end, they all end up on a zero.

If that was you, send us a message and start the chargeback already today!

Who Are Bison Stuttgart Victims?

With its registration in November 2023, the Bison Stuttgart Forex broker spread quite quickly. Yet, after a warning, it’s more likely they will vanish soon. In any case, if you are coming from the following countries, keep your eyes widely open:

  • Germany
  • Austria
  • Switzerland
  • Armenia

Another brokerage bringing more issues is Cap Group Finance. If you were tricked by any of these, reach out for consultation.

What Are Trading Platforms Available?

The problem with unregulated brokers is always in the software choice. Instead of trusted options like cTrader or Meta Trader, traders will have to use a web-based trading platform. The key benefit of this platform is the VIP signals the company is offering. This shows you exactly that you can expect a hefty manipulation.

Is the Bison Stuttgart Mobile Trading App Available?

Allegedly, the company has been offering a mobile trader for desktop tablets, whatever that means. Whether you have a mobile app or not, it doesn’t matter. In this case, iOS and Android apps are not available.

Therefore, we recommend you check our Victoria Coins review and find out why trusted apps are important.

What Financial Instruments Does The Platform Include?

Generally speaking, if the company was legitimate, their offer would be quite good. Still, without regulations, it’s hard to trust any details about the assets offered. In any case, the potential options are:

  • Forex – GBP/EUR, AUD/HKD
  • Commodities – gold, platinum
  • Stocks – Amazon, Tesla
  • Cryptos – BNB, DOT
  • Indices – DAX30, CAC40

Account Types Offered by Bison Stuttgart

The account types mainly present fictive benefits to traders. Such as risk-free trading, VIP signals, access to IPOs, insurance, mentorship, and more. Yet, trading conditions remain unknown. Anyway, the options are:

  • Basic – $250
  • Standard – $10.000
  • Silver – $50.000
  • Gold – $100.000
  • Platinum – $200.000

Can a Trader Use a Bison Stuttgart Demo Account?

Another huge disadvantage of this firm is a lack of demo accounts. Practically, they want you to trust them on their word that you will get all advertised features. Thus, without a testing option, we wouldn’t recommend you buy anything.

Bison Stuttgart Fees, Spreads, Leverage and Commission

The biggest problem with conditions is the leverage of up to 1:400. Thus, BaFin would only allow 1:30 if they are regulated. When it comes to other fees and commissions, you’ll have to trust them it won’t be high since details about it are not available.

Is Bison Stuttgart Withdrawal Possible?

With all the fake security features that are not backed up with a license, it’s hardly believable that traders can get any funds out. After all, the Bison Stuttgart withdrawal policy doesn’t exist. This means they can make up any rules and obstacles they want, such as verification issues, non-existent taxes, and much more. Be wise and avoid those at all costs.

What Should I Do If I Have a Bison Stuttgart Problem?

If you have any issues with the Bison Stuttgart scam broker, feel free to report it. Whether with authorities, online, or with our refund specialists. In all cases, it can be beneficial. Still, most clients who got scammed just want their money back and forget about the trading completely.

In that case, we suggest you talk to our refund specialists and explore your options. At least our team doesn’t charge anything for the first meeting. So, it can only be helpful. Don’t wait; book your meeting now.

 

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