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No Regulation
Score
1.49 /10
Danger
bifinance.live
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.84
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
1G
40G
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-21
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: You can't access bifinance.live's official website: https://bifinance.live/index.php right now.
bifinance.live Information
Established in 2023, bifinance.live is an unregulated broker-dealer located in United Kingdom.
Is bifinance.live Legit？
bifinance.live seems to operate without any regulatory oversight. This lack of rules might put investors at higher risk, since no one watches over or makes sure they play fair.
Downsides of bifinance.live
- Unavailable Website
bifinance.lives official website cannot be accessed at present. This raises concerns about reliability and accessibility.
- Lack of Transparency
Investor understanding regarding what bifinance.live remains limited due to insufficient information concerning this platforms operations and dependability.
- Regulatory Concerns
Investors are unsure if bifinance.live follows any rules, which makes them think twice about how safe the money is and if they can trust the company.
Conclusion
Using a non-regulated platform like bifinance.live can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.
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