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BSIFX -

Score

1.57 /10
Danger

BSIFX

United Kingdom

5-10 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

https://bsifx.com

Influence

D

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Comparison

Expose

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.49

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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Warning: Low score, please stay away! 2
Previous Detection : 2026-06-08
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

WikiFX Verification

BSIFX · Company summary
BSIFX Review Summary
Founded2018
Registered Country/RegionUK
RegulationNo regulation
Market InstrumentsForex, Commodities, Stocks, Indices
Demo Account✅
LeverageUp to 1:100
SpreadFrom 2.0 pips (Classic Account)
Trading PlatformMetaTrader 4
Minimum Deposit$250
Customer SupportEmail: support@bsifx.com, info@bsifx.com
Tel: +44 20 7097 7197

BSIFX Information

BSIFX is a global broker founded in 2018. It does not deliver clients' orders through a Dealing Desk. It offers a range of account types and supports MT4 platforms. BSIFX provides spread options starting from 2.0 pips for the classic account and offers leverage up to 1:100. It requires a minimum deposit of $250. However, it lacks any regulation.

BSIFX Information

Pros and Cons

Pros Cons
Many payment optionsNo regulation
Offers MT4 platformsLimited trading products
Demo account availableHigh minimum deposit of $250
Free deposit and withdrawal

Is BSIFX Legit?

BSIFX is not regulated by any financial regulatory authorities. Besides, its domain status shows that client transferring is prohibited. Please be aware of the risks!

license
domain

What Can I Trade on BSIFX?

BSIFX offers over 100 instruments, including forex, commodities, indexes and stocks.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Stocks✔
ETFs❌
Cryptos❌
Bonds❌
assets

Account Types

BSIFX offers 3 types of trading accounts, each tailored to different account size, trading styles and experience levels. In addition, BSIFX provides demo accounts for practice. All accounts are in line with Islamic control. The accounts differ mainly in their spread structure and deposit sizes, allowing traders to choose the best fit based on their strategy.

Account TypeMinimum DepositMaximum LeverageSpread
Classic$2501:100From 2.0 pips
Golden$30,0001:100From 1.5 pips
VIP$100,0001:100From 1.0 pips
Account Types

Leverage

BSIFX offers leverage of up to 1:100. A high leverage ratio brings high returns along with high risks.

BSIFX Fees

Overall, BSIFX's trading fees are considered reasonable, especially with their flexible account types offering tight spreads.

Spreads: Start as low as 1.0 pips on the VIP account, and start from 2.0 pips on the classic account.

Commissions: Not mentioned.

Swap Fee: Not mentioned.

Non-Trading FeesDetails
Deposit FeeFree
Withdrawal FeeFree
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 4 (MT4)✔Windows, iOS, AndroidBeginners
MetaTrader 5 (MT5)❌/Experienced traders
Trading Platform

Deposit and Withdrawal

BSIFX does not charge any deposit or withdrawal fees, making it cost-effective for clients to fund and withdraw from their trading accounts. However, there is a minimum deposit amount of $250.

Deposit Options Minimum DepositFees Processing Time
Credit card, Wire Transfer, E-wallets$250FreeNot mentioned
Withdrawal Options Minimum Withdrawal Fees Processing Time
Credit card, Wire Transfer,E-wallets$50FreeSame business day if requested before 12 pm (KSA); next business day if after
Deposit and Withdrawal

User Reviews

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User comment

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Comments

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FX1378510281
more than one year
I was trying to access BSIFX's website to manage my forex account, but I found that the website displayed a message saying 'Account Suspended.' WHAT??? I'm very concerned about this, as I cannot access my funds or manage my trades. I hope BSIFX can provide a solution to this issue as soon as possible!!
I was trying to access BSIFX's website to manage my forex account, but I found that the website displayed a message saying 'Account Suspended.' WHAT??? I'm very concerned about this, as I cannot access my funds or manage my trades. I hope BSIFX can provide a solution to this issue as soon as possible!!
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2023-03-20 10:21
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FX1342035324
more than one year
I have been trading with BSIFX’s trading Classic account for two months. Everything is ok, no slippage, no wrong trading signals, no manipulation. I feel that it is the best online broker I’ve traded with recently.
I have been trading with BSIFX’s trading Classic account for two months. Everything is ok, no slippage, no wrong trading signals, no manipulation. I feel that it is the best online broker I’ve traded with recently.
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2023-03-17 18:01
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