Score

1.37 /10
Danger

BBFxTRADES

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.89

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

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • 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

BBFxTRADES · Company summary

Note: BBFxTRADESs official site - https://bbfxtrades.com/index.php/# is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

BBFxTRADES Review Summary
Founded 1-2 years
Registered Country/Region United States
Regulation No Regulation
Market Instruments N/A
Demo Account Unavailable
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, email

What is BBFxTRADES?

BBFxTRADES, a trading platform that operates without valid regulation and lacks oversight from government or financial authorities, poses a significant risk for investors. Additionally, the inaccessibility of BBFxTRADES 's official website raises concerns that the platform may have absconded, further adding to the potential dangers of investing with them. Due to these factors, caution is advised when considering any involvement with BBFxTRADES.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
Phone and email support available • Website is unavailable
• Not regulated
• No social media presence

BBFxTRADES Alternative Brokers

There are many alternative brokers to BBFxTRADES depending on the specific needs and preferences of the trader. Some popular options include:

  • TeraFX - A reputable forex broker that offers a diverse range of trading solutions, backed by advanced trading tools and exceptional customer support.

  • XGLOBAL Markets - An online forex and CFD broker providing traders with access to a wide range of markets, advanced trading technologies, and competitive trading conditions through its innovative platforms and liquidity network.

  • Axi – A well-regulated and respected trading broker with a range of advanced trading tools, making it an excellent choice for professional traders seeking advanced trading capabilities.

Is BBFxTRADES Safe or Scam?

BBFxTRADES currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of BBFxTRADES is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

If you are considering investing with BBFxTRADES, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +1 (510) 516-2069

Email: contact@bbfxtrades.com

Address: 513 St WATSONVILLE, CA 95076, California, USA

Customer Service

Conclusion

In conclusion, BBFxTRADES is a trading platform that currently lacks valid regulation and oversight from government or financial authorities. This absence of regulation raises significant concerns about the legitimacy and trustworthiness of the platform. Additionally, the inaccessibility of BBFxTRADES 's official website raises suspicions that it may have disappeared, further highlighting the risks associated with investing through this platform. Given these factors, it is strongly advised to exercise caution and refrain from engaging in any investment activities with BBFxTRADES.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is BBFxTRADES regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at BBFxTRADES?
A 2: You can contact via telephone, +1 (510) 516-2069 and email, contact@bbfxtrades.com.
Q 3: Does BBFxTRADES offer demo accounts?
A 3: No.
Q 4: Is BBFxTRADES a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

User Reviews

More

User comment

1

Comments

Write a review

FX1145617154
more than one year
BBFxTRADES' website looks a bit outdated, and the multilingual service is provided with Google Translate. Sometimes machine translation really doesn't work.
BBFxTRADES' website looks a bit outdated, and the multilingual service is provided with Google Translate. Sometimes machine translation really doesn't work.
Translate to English
2022-12-13 10:29
Reply
0
0