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BYFX Global -

Score

1.68 /10
Danger

BYFX Global

Cayman Islands

5-10 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

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Influence

D

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Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index4.30

Business Index7.27

Risk Management Index1.77

Software Index4.62

License Index2.69

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

BYFX Global Co., Limited.

Company Abbreviation

BYFX Global

Platform registered country and region

Cayman Islands

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2026-08-28
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • This broker has accumulated 1 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.

WikiFX Survey

Danger

BYFX Global

Hong Kong China

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

Unable to log in to the backstage of BYFX Global .

I couldn’t log in to the backstage. BYFX Global doesn’t reply to my email.

ZABUQI
2020-03-28 21:54
Severe Slippage

The profits became losses because of severe slippage.

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.

ATU
2019-11-05 18:00
Severe Slippage

When it came to the cocking market, the platform closed the market, leading to forced liquidation. Can I continue to trade on the platform with slippage?

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?

ATU
2020-04-20 12:01

User Reviews

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User comment

3

Comments

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哎呦
more than one year
Mi sugerencia es que si es nuevo en el mercado de divisas, es mejor encontrar una empresa que brinde protección de saldo negativo, de lo contrario, incluso si el depósito es muy bajo, como BYFX solo necesita 100 dólares estadounidenses, aún puede perder mil dólares! ! Y absolutamente no trate con empresas que no tienen licencias reglamentarias.
Mi sugerencia es que si es nuevo en el mercado de divisas, es mejor encontrar una empresa que brinde protección de saldo negativo, de lo contrario, incluso si el depósito es muy bajo, como BYFX solo necesita 100 dólares estadounidenses, aún puede perder mil dólares! ! Y absolutamente no trate con empresas que no tienen licencias reglamentarias.
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2022-11-30 18:05
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大D
more than one year
What the hell? The official website of this broker is no longer accessible. When I enter the URL, the OxPay login interface appears...
What the hell? The official website of this broker is no longer accessible. When I enter the URL, the OxPay login interface appears...
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2022-11-28 13:48
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3