BNY Cresset review.

Overview

BNY Cresset claims to be a broker. We have evaluated their platform and found interesting results. We have discovered that they are not a real broker and are a duplicate and fake version of the UK-based broker, Traze.

Licenses & Regulation

Although on their website, they claim to be regulated, there are no documents to prove their claim. They are not a real broker and are indeed a scam.

Trading Instruments

The site lists a variety of assets, forex, commodities, crypto, and even private equity options, but none are verifiable or real. The instruments are invented to make users believe they’re investing in genuine markets. In truth, no trading ever occurs.

Account Types

BNY Cresset claims to offer multiple account tiers, such as “Standard,” “Premium,” and “Executive.”
However, these are fictional categories meant to encourage bigger deposits by promising “exclusive perks” and “priority access.”
No real accounts exist, and the more you deposit, the faster they disappear.

Deposits & Withdrawals

Depositing money is fast and frictionless, often through cryptocurrency or untraceable payment gateways. But withdrawing funds? Nearly impossible.
Victims report fabricated “verification steps,” “tax pre-payments,” or “security delays.”
Once you try to withdraw, the site stops responding — a clear sign of fraud.

Special Offers

Special offers on their website are nonexistent; be cautious not to fall in their trap. Once you deposit, your capital will be gone for good.

How to Trade

They offer a cutting-edge trading platform, but when we evaluated their platform, nothing was found. Be cautious, no trading happens on their website, and they are not real.

Opening an Account

Be advised, do not try and open an account with BNY Cresset. They pressure new users to make deposits, promising easy profits and low risk.
Once you invest, withdrawals become impossible, and the so-called managers vanish.

Negative Balance Protection

Once you register on their website, you are not protected by any law or rule. They are not regulated and have the potential to vanish once you make a deposit.

Prohibited Countries

To all the traders in the world, BNY Cresset is not a real broker, and it is not wise to trade using their platform.

They have duplicated Traze and are fraudulent.

Education & Analysis

The platform showcases sleek financial charts and analytics that appear convincing — but they’re fake. None of the displayed data aligns with real-world prices. The system simply mirrors generic graphs to create the illusion of live trading.

Customer Support

Customer support at BNY Cresset does not exist.

Emails and phone numbers are either fake or disconnected.

Conclusion

Overall, BNY Vresset is impersonating reputable brokers to get access to careless traders out there. Once again, we urge you not to make any deposit on their platform. Customer support is not functional. They have all the factors of being a complete scam.