Abstract：Do BDFX officials mislead you with poor market advice that leads to capital losses? Do you feel they themselves cannot trade the risk management analysis perfectly? Did the Comoros-based forex broker close your forex trading account and steal your funds? Did your numerous fund withdrawal requests go in vain? These are potential forex investment scams. Many traders have highlighted these trading issues on broker review platforms. Check out some of their complaints in this BDFX review article.
Do BDFX officials mislead you with poor market advice that leads to capital losses? Do you feel they themselves cannot trade the risk management analysis perfectly? Did the Comoros-based forex broker close your forex trading account and steal your funds? Did your numerous fund withdrawal requests go in vain? These are potential forex investment scams. Many traders have highlighted these trading issues on broker review platforms. Check out some of their complaints in this BDFX review article.
Examining the Top Forex Trading Complaints Against BDFX
Limited Trade Frequency and Modest Returns Despite Strong Analysis
Despite the brokers official offering in-depth insights into market analysis and risk management tools, a trader could only trade 4-5 times in over four months. Using 1% risk, the trader managed a modest profit of 1.5% return. The trader even questioned the practicality of the analysis by claiming that the official cannot trade on the analysis. Expecting others to do so is not possible then. Check out the comment in this BDFX review.
Unclear Trade Entries and Lack of Live Trading Transparency
A user reported a good trading course initially, with in-depth insights from the BDFX official. However, the experience soon turned disappointing due to the lack of clear trade entry and exit guidance. Even after following videos and Discord updates, the trader claimed that trades were never called in advance. In fact, they were only mentioned after the profits were made. Despite raising these issues, they could not be resolved, leaving the trader to share this BDFX review.
Trading Videos Lack Depth and Actionable Guidance, Reveals a Trader
A user claimed that trading videos offered by BDFX are a mere recap and lack the educational value that can help traders make informed decisions. While sharing the BDFX review, the trader described trade calls as infrequent and vague, offering clients little to no consistent profitability. The trader further questioned the misleading social media promotion by BDFX to lure traders and concluded that the service is not worth the price it charges. Check out the complaint screenshot below to understand the matter better.
The Illegitimate Account Closure and Subsequent Fund Scams
A trader alleged that a concerned manager, who assisted him earlier when working for a different forex broker, closed his trading account suddenly when his trades were showing profits on the BDFX login. As a result, the broker was able to steal his funds. Sharing the screenshot where the trader shared a painful recount.
Silence to Fund Withdrawal Requests
BDFX is accused of remaining silent on fund withdrawal requests placed by traders. A trader specifically commented that the broker did not respond to any of the four withdrawal requests made at the time of writing the review. A similar sentiment was expressed by another trader based in China. Find out the multiple withdrawal complaints below.
BDFX Review by WikiFX: Check Out the Broker‘s Regulation Status and Score
A careful investigation of the complaints was followed by an in-depth investigation into the BDFX’s regulatory status by WikiFX, the worlds leading forex regulation inquiry app. The WikiFX team found the forex broker to be unregulated despite being in the business for over two years. Subsequently, the team gave it a poor score of 1.29 out of 10.
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