A lot of scam complaints on bexchange

Hello, welcome to WikiFX brokers review section, read carefully and do your own research. In this review we are going make a full review about Bexchange as a low score broker in WikiFX and its not a regulated broker. Before we go further, WikiFX is the best and only platform in the world which provided a full information about almost all forex brokers and it's the best application for recovering scammed money when a broker scammed any of their users so WikiFX is doing all services free of charge without collecting single kobo from their users.

Bexchange as low score in WikiFX

This is risky as a forex trader to invest your money in Bexchange that is not regulated in WikiFX, because if a broker is not regulated that means any moment you will lose your money. Bexchange has only scores 1.31/10 in WikiFX, without company license or valid regulatory information. About the complains the number of complaints received by WikiFX have reached 4 for this broker within the past three months.

The rating rules of Bexchange is very low in WikiFX, the full score is 10 as state below;

1. license Index it has scored 0.00, that means Bexchange doesnt have any valid company license. If a broker has not a company license, it's a fake broker so we are advising traders should not invest your money in such brokers.

2. Business Index it has scored 5.00.

3. Risk Management index it has scared 0.00, since forex trading / marketing its deals with taking considerable financial risks, as trader you need to know how to control your lose so if the broker you invested having 0.00 scores that means no risk management control you cant do it and it may lead you to lose your money.

4. Software Index 4.00 score. This is the most important part which supposed to be well maintain because if the broker software go down many traders will definitely lose their money with 4.00 software index the broker connect can broke anytime it reachs many client. And this can lead a trader to lose they money.

5. Regulatory Index 0.00 Scores. This means Bexchange is fake without regulatory. The broker can gather traders money and disappear.

If you want search more about Bexchange, you can download the WikiFX.

With this little information I hope you will understand that investing in a low score broker is very risk and it may lead you lose your money. Anytime you want trade, try to open WikiFX and search the name of the broker, check the scores most expecially the regulatory and risk management status so that you will know in which broker you should invest your money, if all the status is good then you can invest and if its not good then you need to look for a better and regulated broker and invest.