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https://www.bfsforex.com/en
Website
MT4/5 Identification
Full License
Single Core
1G
40G
+60 3 2164 6989
496980921538
More
BFS Market Ltd
BFS
Hong Kong
Pyramid scheme complaint
Expose
The withdrawal was unavailable,with its customer service all out of contact.
The MT4 was disabled.I failed to close position and the withdrawal was unavailable.The customer manager and customer service was out of contact.
What happened to BFS?The platform was disabled.Both the customer service and the customer manager were out of contact.Did they run away?What about our hard-earned money?
BFS said its Beijing office was in the guomao building in chaoyang district.The agent of BFS cheated customers of large amounts of money,which belonged to pyramid sale and should be laid emphasis on.
BFS withdrew my money privately without my knowledge. Stay away from this scam platform.
The MT4 was disabled.There also was no access to customer service and withdrawal.The platform has run away.Where can I get back my 40 thousand yuan?
BFS platform run its business without illegal license and induced clients to deposit money by rebating fund.Now it has run away.You investors should raise your vigilance.
On 14th, August,all customer service were out of contact,with withdrawal inaccessible.One week later,the MT4 server was abnormal.It seemed that the contract was expired.Hope relevant department see to that mater and give us a reply.
BFS is out of contact and its website is disabled.Who can contact it?It’s a fraud platform.
BFS has absconded with its website collapsed.What about my money?Who should I reported it to?Screw you bloody fraudsters.How dare you claim to own millions of clients?
My trading account number in BFS was 542763.The MT4 was disabled these days.Customer managers and 24-hour QQ customer service was out of contact.The withdrawal was unavailable.
For the first time withdrawing money, I said that ICBC’s system was maintaining and replacing the account, and that the account was incorrectly frozen, and it was necessary to add nearly 35,000 to unfreeze and complete a large amount of transactions before the withdrawal could be made.
Now the customer service can't be contacted. Market software can't log in. The withdrawal is unavailable. What should I do with my money?
I couldn’t log into BFS platform through computer or mobile phone,thus I failed to trade.All withdrawals were unavailable.Hope related departments regulate this matter.
The server of BFS was disabled.The customer service were all out of contact,The withdrawal was unavailable and the platform seemed to have run away.Hope relevant department see to this matter!
It is simply a fraud platform which would induce you to deposit fund by every means. After you do so, your fund is doomed. Through mock operation, it would prove that you made the loss yourself. If you continue to argue, it would block you. Yesterday, it posted a new platform. I have quit it. Hope you be wisely.
Company Summary
Company profile
General Information & Regulation
BFS Forex is a Forex broker owned and operated by BFS Markets Ltd, used to be licensed by the Mauritius Financial Services Commission, but this license was revoked in 2013. Currently, BFS Forex is not subject to any effective regulation.
Market Instruments
BFS Forex offers investors the opportunity to trade currency pairs, gold, silver, futures, and CFDs.
Minimum Deposit
To meet different investors' investment needs and trading experience, BFS Forex offers four different types of accounts, including Micro (minimum deposit of $5), Standard (minimum deposit of $100), Premium (minimum deposit of $10,000), and STP (minimum deposit of $10,000).
BFS Leverage
Trading leverage vary depending on various trading acccounts. The Micro account offers the maximum leverage of up to 1:1000, the Standard and Premium accounts offers the leverage of up to 1:500, and the STP account offers the maximum trading leverage of up to 1:100.
Spreads & Commissions
The BFS Forex Micro account offers fixed spreads starting from 2 pips, and the Standard account offers average spreads starting from 2 pips, the Premium account offers average spreads starting from 2 pips, and STP accounts have average spreads starting from 2 pips. There is not much information about trading commissions on BFS's official website.
Trading platform
Although BFS Forex is a risky forex broker, it still undeniably offers traders the market-leading and highly acclaimed MT4 trading platform. MT4 is currently the most popular forex trading platform, offering traders many custom options to develop, including many technical indicators, available for automated trading systems, developing different trading strategies for different levels of traders. It helps traders to get ahead in the financial markets.
Deposit & withdrawal
BFS Forex welcomes traders to fund their investment accounts via bank transfer, credit/debit cards, Perfect Money, and China UnionPay.
BFS Forex Pros & Cons
BFS Forex Pros:
1. MT4 trading platform
2. Four account types available
BFS Forex Cons:
1. No regulation
2. High spreads & no information about commissions
3. Few options for withdrawals and deposits
4. A high number of negative comments on Forex forums
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