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No Regulation
Score
1.53 /10
Danger
BFC Forex
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.19
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| BFC Forex Review Summary in 6 Points | |
| Company name | BFC Forex |
| Founded | 1917 |
| Registered country/region | the Kingdom of Bahrain |
| Regulation | Unregulated |
| Market Instruments | Global money transfers, foreign exchange and wholesale currency services |
| Customer Support | Fill in contact form |
| Phone: 82876 10555 | |
| Email: contactus@bfcforex.com | |
BFC Forex Information
BFC Forex is an exchange started in the Kingdom of Bahrain in 1917. It provides traders with access to market instruments including global money transfers, foreign exchange, and wholesale currency services.
Pros and Cons
| Pros | Cons |
| Multi-currency travel cards available | Not regulated |
| Serving individuals and companies |
Is BFC Forex Legit?
You need to note that according to WikiFX's investigation, BFC Forex is currently not regulated by any recognized financial authorities.
What Can I Trade on BFC Forex?
You can trade dozens of products including global money transfers, foreign exchange and wholesale currency services.
| Tradable Instruments | Supported |
| global money transfers | ✔ |
| foreign exchange | ✔ |
| wholesale currency services | ✔ |
BFC Forex Fees
We were unable to obtain further details about its fees as the website did not provide relevant information.
Trading Platform
BFC Forex has more than 35 branches to choose from. To find a branch near you, you can use their branch locator tool.
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