Global Broker Regulation Inquiry App
WikiFX
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/10
BYFX Global
Cayman Islands | 5-10 years | ECN Account Suspicious Regulatory License | Suspicious Scope of Business | High potential risk
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Website
Rating Index
Contact
+44 20 8089 5020
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4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands
Forex License
No forex trading license found. Please be aware of the risks.
Warning: Low score, please stay away!
- This broker lacks valid forex regulation. Please be aware of the risk!
3
Basic Information
Registered Region Cayman Islands
Cayman Islands Operating Period
5-10 years
Company Name
BYFX Global Co., Limited.
Customer Service Email Address
cs@byfx.com
Contact Number
+442080895020
Company Website
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4
Account
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500 for forex，1:200 for gold，1:100 for indices CFD
- SupportedEA
- Minimum Deposit100$
- Minimum Spread1.9
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- Commission--
- ProductsForex, Metals, Indices, Oil
Updated：
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阿途
Hong Kong
The slippage of 3~5 pips is normal in gold trading.It is more exaggerated in forex industry with a dozen of pips.I made a loss of several hundred thousand of yuan.
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咱卟弃
Hong Kong
I couldn’t log in to the backstage. BYFX Global doesn’t reply to my email.
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阿途
Hong Kong
When it came to the cocking market, the platform closed the market, leading to forced liquidation. I deposited 119826 and suffered a loss of 88534. Can I continue to trade on the platform with slippage?
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哎呦
Colombia
My suggestion is that if you are new to forex, it is better to find a company that provides negative balance protection, otherwise even if the deposit is very low, as BYFX only needs 100 US dollars, you can still lose a thousand dollars. ! ! And absolutely do not deal with companies that do not have regulatory licenses.
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