Brileniom-D Review: Falling Short of Expectations

Brileniom-D is a relatively new brokerage in the online trading market, claiming to provide a competitive and innovative trading experience. However, upon closer examination, Brileniom-D shows a number of significant weaknesses, particularly in terms of transparency, trading conditions, and educational resources. In this review, we’ll explore why Brileniom-D may not be the best choice for most traders.

Basic information

Potential investors see the following statistics on the website:

• 35,868 active users;

• $789,960,109 balance;

• $4,677,725,338 daily trading turnover.

According to its legend, Brileniom-D has been providing brokerage services since 2017. The platform has a detailed roadmap, but we decided to check its authenticity. We turned to a specialized whois service and found out that brileniomd.com has been active since 2018. This does not match the broker’s statements.

What about the legal documents?

Brileniom-D does not provide scanned copies of the incorporation certificate and license to verify its legality. However, the site has a “Licenses” section, which states that it is regulated in several jurisdictions: the UK, UAE, Australia, Cyprus. The footer only lists one license number. According to the broker’s legend, it was issued by CySEC.

It was not difficult to verify this information, since the register of the Cypriot supervisory authority is open to public access. You can see the results in the screenshot:

Trading conditions

Brileniom-D promises convenient trading and a wide range of assets, this list includes currency pairs, stocks and cryptocurrencies. The company tells about instant execution, an intuitive terminal and effective risk management. However, in the reviews, investors write that this is a blatant lie. The pseudo-intermediary has a manipulated platform, it will not be allowed to test it in demo mode. After registration, traders will have to choose one of three account types and top up the balance. The main features are:

• minimum deposit from $1,000;
• leverage up to 1:100 (this is more than 3 times the leverage permitted by European regulators);
• instant execution;
• depending on the account type, they additionally offer zero swaps, insurance, PAMM, and personal manager services.

The broker does not provide information about available payment methods, transaction regulations and commissions. If you read the reviews of ex-clients, you will understand that the chances of withdrawing money from the site are zero.

Clients’ reviews

Summary

Overall, Brileniom-D fails to meet the expectations it sets through its marketing. From limited trading instruments to a substandard platform and inadequate educational resources, Brileniom-D does not deliver a robust trading experience. Its lack of regulatory clarity, high fees, and technical issues only add to the list of concerns. Traders are likely better served by a more established broker that offers transparency, reliable platforms, and a true commitment to client education.