Betafx and Betaforex.org Nigeria Review – A very Big Scam

Kayode Samuel is here again. He is the man behind standard fx and after destroying a lot of financial positions of many Nigerians, he has rebranded to betafx with website betaforex.org.

He has reduced his promise from 37% weekly to 20% weekly. The reality is that if you are considering investing with betafx.org then you can read my experience with him Here.

betafx, betafx.org

Beta Fx has ruined the life of many Nigerians with this mouth-watering offer. In fact, he makes everything look real and safe by telling investors to open a trading account in their name.

All he will demand from you is the login details to the trading platform. In that case, he has no access to the fund but he has total control on how to use or trade your money.

In case you are new to the world of forex, I will like to tell you little about forex trading. Forex trading is like every other business in life, which means it requires very long patience for the business to mature.

But because Kayode Samuel of betaforex.org has nothing to lose, he will expose all your money in one trade. Thereby crashing the account or making huge money in a short time, after which you will withdraw and give him his percentage.

Don’t Trade or Invest in Forex Until You Read This [ Click Here]

Now let me tell you, betafx has nothing to lose in this deal. He either gain and get his percentage or lose your whole money in a twinkle of an eye.

Remember, he is doing this to many Nigerians, so at the end of the day, he will win a few trades for a few people and lose many for most people.

Do you know that 20% weekly amount to 80% ROI monthly? Do you know he is promising you of 960% ROI annually? My dear reader, please stay clear because this is really a scam.

You may be wondering, why am I telling you to avoid betaforex,org at all cost. Anyway, the reasons are that I was a victim. And I find out that he does not know how to trade, he only gambles with investors’ money.

To prove to you that I am not alone, CLICK HERE to find out what Scam doc has to say about betaforex.org

Scam Doc is a website that reports to the world websites built with scam intentions because they analyze everything about a website.

According to SCAM DOC, betaforex.org has a very bad trust score, and it is built for fraudulent purposes.

I think with these very few words of mine; you have been saved from one of the calmest fraud in this country. This is my experience and views but the choice is yours.

Just take note: As long as MMM did not last, betafx of betaforex.org can never last.

Don’t Trade or Invest in Forex Until You Read This [ Click Here]

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This Post Has 4 Comments

  1. Ife

    Thank you for this Isreal, so helpful

    1. Israel Chima

      You are warmly welcome

  2. Mr Abdul

    Dear Mr Chima Israel. i read your write up on Samuel Kayode and i regret to announce that i have fallen victim to him, before stumbling on your piece about him.
    Sometime in March this year, I saw his ad on Punch online and got attracted, in that i had desired another source of income. On seeing his ad, i called and spoke with him and we had exchange of chats on the offers in the ad.

    He insisted on 50-50 sharing ratio for profits, with a promise to make a profit of at least $200 on weekly basis. To cut a long story short, i opened and funded my Fx account with $1,000 in the 3rd week of July 2020 and gave him the login details, for the trading. (it took me so long to raise the Naira equivalent of $1,000, because i had to obtain a facility from Bank, to actualize that) To my surprise, in less than one week, the $1,000 on my FX account dropped to $6.86, as a result of Samuel Kayode’s trading activities..
    He called and gave assurances that he would recover the lost deposit and turn it around to make profits. A week or so later he said that i will need to fund the account again before he can recover the losses made. i asked him where he expected me to get the money from and told him that he would have to be the one to restore the $1,000, since the loss arose as a result of his professional misconduct…as he had claimed to be a Professional Online FX Trader, with over 15 years experience.
    Shortly after this, he stopped picking my calls and would not respond to messages, both on SMS and WhatsApp, and he eventually blocked my lines afterwards.

    The most unfortunate thing now is that, the repayment of the facility obtained to fund the FX, commences this month; and the proceeds from FX trading, with which i had hoped to defray the effect of the facility repayment, is not forth coming. So it is turning out to be that i am losing on 3 fronts: 1) the capital $1,000 deposited for FX trading is gone; 2) profit expected from FX Trading is not forth coming; and 3) My account will be debited monthly for the Bank facility repayment.

    I regret to say that i made that great blunder of not having any means of contacting him, physically, as all our conversations were online; hence i am not able to reach him in anyway now.

    I need to at least recover my $1,000 from Samuel Kayode, but i can’t do this if i can’t reach him. I hereby humbly wish to request of you that, you please furnish me with his physical contact details, account details and bankers (or any info about him that that you have, and which you consider useful in my search for him)
    .
    God bless you as you help me out in this search….The $1,000 of my grayhair days should not go down the drain, just like that.

    Kind Regards

    I.O.A

    1. Israel Chima

      Hello Mr. Abdul,
      Sorry that you have fallen a victim to this wicked man called Kayode. I will suggest, next time you want to do anything online, search for a review.
      As per his details, I don’t have it. So, bear with me.

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