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BBI Trading -

Score

1.50 /10
Danger

BBI Trading

United States

Scam Brokers

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.bbistradings1.com/en

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Comparison

Quantity 42

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.89

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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

Broker Information

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Company Name

BBI Trading Markets Limited

Company Abbreviation

BBI Trading

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2025-01-22
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Exposure

42 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

unable to withdraw

Hello, my account has been unable to log in since April, so I cannot withdraw money.

2023-07-17 14:07
Scam

The account has been banned and all official website links have expired.

I originally planned to re-check my previous order today, but found that my account was blocked. I went to the official website to check, and all the official website URLs were invalid.

2023-12-06 00:09
Unable to Withdraw

BBI Trading will not be able to withdraw funds from June 2023. There will be no customer service to deal with it, and the email will not be answered. It is completely unmanned.

BBI Trading will not be able to withdraw funds from June 2023. There will be no customer service to deal with it, and the email will not be answered. It is completely unmanned. Initiated withdrawals are not processed. Now ask for withdrawal.

2023-08-01 14:30
Unable to Withdraw

Withdrawal application is not processed - it has been more than half a year

Withdrawals has been slowed down from early 2023. I sent an email to contact, and the platform said it was because of a system upgrade! Withdrawal applications have not been processed since April. I sent hundreds of emails and none of them responded! In August, I applied for withdrawal again and suddenly it was approved, and mt4 was also deducted, but no payment was made!

2023-08-17 16:53
Unable to Withdraw

Unable to withdraw funds

My withdrawals haven’t been credited to my account for several months, there is no customer service, and no one responded to my emails.

2023-11-07 13:32
Unable to Withdraw

BBI Trading withdrawal has not been processed for 2 months

BBI Trading withdrawal has not been processed for 2 months. The platform has not yet responded or processed it. Now 4 withdrawals totaling 16,950 USD have been submitted, normal withdrawal is required.

2023-08-16 10:41
Unable to Withdraw

30,000 U.S. dollars can not be withdrawn, the platform has run away.

I deposited in May,2023. I can withdraw in June, July and August. But in September, the withdrawal is blocked with a variety of reasons. On December, platform can not be opened and it has run away. After that, I sued the agent but got no results. The following is the evidence.

2024-03-21 19:39
Unable to Withdraw

Unable to withdraw funds

It has been almost four months since I made a withdrawal from my account in June, but I have not been able to withdraw money. I had exposed it once, and the customer service said it was an arbitrage trading. But the customer service never contacted me, saying that I used an arbitrage program to trade. Have you investigated? It makes nonsense. I only do it by myself one by one. Is this the only way to make a profit? If they do not return my money, I will keep exposing it!

2023-09-24 16:14
Unable to Withdraw

Can't find it.

Can't trade, can't withdraw money, the website has become a pornographic website, it has been running for a long time. My money is still in it, I am so angry!

2024-04-02 21:52
Unable to Withdraw

Unable to withdraw

It’s been almost two months since I applied for a withdrawal from BBI, and the funds have not been given up to now. There were times when it was slow before, but this time it hasn’t come out for almost two months.

2023-08-09 09:47
Unable to Withdraw

Unable to withdraw money, the platform cannot be contacted

I applied to withdraw $2,700 on June 14, 2023. It has been more than five months. The platform has not responded to any messages or remittances. There are still $3,000 in the platform account that have not been withdrawn. Such a platform is really black. .Requesting assistance in processing

2023-11-25 18:35
Unable to Withdraw

The rules of the platform are not explained beforehand. Once you make a lot of money, the rules will pop out.

I made the deposit in June last year. Because I had never been in this industry before, I also went through a week of training and then made the deposit. As a result, I have been making money one after another for more than a year. When their platform saw that my account doubled, they started to find problems, saying that it violated the platform rules. The previous orders were all illegal orders. They were talking about scalping. The previous ones The funds are frozen, but they can still be used as margin. The order must be issued in more than five minutes. After that, I continued to do it for several months and made a lot of money. They found that all the profit orders were in compliance with the regulations, so they pulled out orders with stop loss within five minutes and said scalping was illegal, and they banned my account from trading. Haha, then if I see it reaches the stop loss line, do I still have to pull the stop loss line down again? Now that funds cannot be withdrawn and orders cannot be placed, they insist that I am violating the rules. So do you think it’s reasonable for you to jump out and explain the platform rules after I’ve been doing it for a year?

2023-10-28 15:46
Unable to Withdraw

It has been 20 days since I submitted the withdrawal to BBI Trading, which has not been processed yet.

The withdrawal was submitted on June 29, 2023, and it has not been processed yet. Account number is 4207715, withdrawal number 16304, and withdrawal order number 2023062911360016304.

2023-07-17 14:38
Unable to Withdraw

It’s been a month and I haven’t been able to receive the withdrawal.

Withdrawal account number: 4208450 The withdrawal has not been credited for one month. The email shows that the withdrawal has been successfully accepted, but the account is not received and there is no customer service.

2023-11-03 19:00
Unable to Withdraw

bbi does not allow withdrawals! Deactivate user account for non-existent reasons

BBI has not allowed withdrawals since the beginning of this year! No reply after sending the email! It’s hard to explain why you ask! Then I will deactivate your account! It's so outrageous... Through negotiation with WikiFX, BBI said that the account was operated in violation of regulations and that the principal will not be refunded... Made up reasons! Keep making up!

2023-09-09 12:15
Unable to Withdraw

Various excuses for violations, hindsight rules, no withdrawals and transactions.

Since last year, I have made deposits and traded on this platform. At the beginning, I saw the recruitment information on 58, so I came here. At first, I didn't know much about foreign exchange investment transactions, but our broker said that it didn't matter if I didn't understand, and I could get trained first. So after three days of training, I started my foreign exchange investment. All orders I did was short-term, and I traded about ten months. After the account funds doubled, their background management sent me the first warning email, saying that the transaction I made was an illegal scalping transaction. And our broker also informed me the next day that all the funds earned in my account had been frozen and could not be withdrawn, but they could still be used as margin to continue trading. A total of about 3,500 U.S. dollars was frozen in the account. Originally, I wanted to call the police on the spot, but considering that the funds in the account could still be used for transactions, I endured it. Unexpectedly, they would intensify the situation next. In the following time, my account made a profit and a loss, and I made a profit of about one thousand and one dollars. However, when I made a withdrawal, they sent me a second warning email. They listed several loss-making, short-term trading orders in the email, and told me that I violated the so-called regulations of their platform again by conducting short-term brushing transactions, and they also deliberately changed the statement, and did not say that I "stripped scalp”, but that I carried out “short-frequency swiping orders”, and the few orders they listed were all loss orders. You must know that the losses are borne by us customers, and they did not lose money from their platform. So, why they made the warning? This time their penalty was to ban my account from trading. And I also contacted our broker immediately, but this time, even our broker hesitated and couldn't explain it. They just told me to try whether I could trade with the account or not, and they would transfer the funds to my account after three months. They did not mention the above risk control restrictions on me, and told me that I violated the platform's regulations. They didn't mention it at all during the training. Now that I have made money, they start to get anxious. They found various reasons saying that I violated the regulations every time. Why didn't you mention it at all during the training? After I went back, I tried to make an order, and found that the account was still in use, so I continued to make orders, and planned to change the account to transfer funds in three months. But what I didn't expect was that when I was about to withdraw money when I earned about 388 US dollars again, their platform management sent an email again, saying that all the orders I made during the account risk control period were invalid, and they would continue to strengthen risk control over me. I could only contact our broker again, but this time, he even accused me of making orders during the risk control period. Didn't you ask me to go back and try to see if I can still make orders? Why do you blame it to me? I have no choice but only to report them, and the following is a screenshot of the illegal order record they identified(the green circle is the first time, and the red circle is the second time).

2023-07-20 17:21
    BBI Trading · Company summary
    Key InformationDetails
    Company NameBBI Trading
    Years of Establishment2-5 years
    HeadquartersUnited States
    Office LocationsFLAT B5 1/F MANNING IND BLDG, 116-118 HOW MING STREET,KWUN TONG, KL, Hong Kong
    RegulationUnregulated
    Tradable AssetsForex, precious metals, indices, and crude oil
    Account TypesStandard, Pro, VIP
    Minimum DepositN/A
    LeverageUp to 1:1000
    SpreadAs low as 0.2 pips
    Deposit/Withdrawal MethodsBank transfers, Credit/debit cards, cryptocurrencies
    Trading PlatformsMetaTrader 4
    Customer SupportEmail

    Overview of BBI Trading

    BBI Trading, an unregulated company based in the United States with 2-5 years of operation, offers trading services primarily through the MetaTrader 4 platform. They provide access to a range of market instruments, including forex, precious metals, indices, and crude oil. BBI Trading offers three types of trading accounts: Standard, Pro, and VIP, each with varying spreads and commission rates. The leverage options differ across asset classes up to 1:1000.

    Overview of BBI Trading

    Regulation

    BBI Trading is not regulated by any regulatory authorities.

    Pros and Cons

    ProsCons
    Variety of InstrumentsLack of Regulation
    High Forex LeverageLimited Account Info
    Straightforward MT4Single Support Channel
    Pros and Cons

    Market Instruments

    BBI Trading offers a range of market instruments, including forex, precious metals, indices, and crude oil, allowing clients to diversify their trading portfolios.

    Forex: BBI Trading offers access to the foreign exchange market, allowing clients to trade various currency pairs. Forex trading involves the buying and selling of currencies, and clients can engage in trading pairs such as EUR/USD, GBP/JPY, and USD/JPY.

    Precious Metals: BBI Trading provides the opportunity to trade precious metals like gold and silver. Precious metals trading allows investors to speculate on the price movements of these valuable commodities, potentially benefiting from fluctuations in their market prices.

    Indices: BBI Trading offers trading in stock market indices, representing the performance of groups of publicly traded companies. Indices such as the S&P 500 and the Dow Jones Industrial Average can be traded, enabling clients to participate in the broader equity market.

    Crude Oil: BBI Trading facilitates the trading of crude oil, a significant commodity in the global market. Clients can engage in trading various oil products, potentially capitalizing on price movements in this essential energy resource.

    The following is a table that compares BBI Trading to competing brokerages:

    BrokerMarket Instruments
    BBI TradingForex, Precious Metals, Indices, Crude Oil
    OctaFXForex, Precious Metals, Indices, Cryptocurrencies
    FXCCForex, Precious Metals, Indices
    TickmillForex, Precious Metals, Indices, Cryptocurrencies
    FxProForex, Precious Metals, Indices, Cryptocurrencies
    Market Instruments

    Account Types

    BBI Trading offers three account types: Standard, Pro, and VIP. While they provide information about spreads and commission rates, details regarding minimum deposits or unique features for each account type are not disclosed.

    Standard Account: BBI Trading offers a Standard account type that provides traders with the option to start trading with spreads that begin at 1.0 pips. The associated commission for this account starts from $3 per lot. However, specific details regarding minimum deposits or other unique features are not provided.

    Pro Account: The Pro account offered by BBI Trading features tighter spreads, starting from 0.5 pips, and a reduced commission structure, beginning at $2 per lot. While this account type offers potential cost savings compared to the Standard account, additional specifics such as minimum deposit requirements are not specified.

    VIP Account: BBI Trading offers a VIP account type with the tightest spreads, starting from 0.2 pips, and the lowest commission rate, commencing at $1 per lot. However, the company does not disclose any minimum deposit requirements or additional distinguishing features for this account.

    The specifics of the account types are as follows:

    Account TypeSpreadsCommission
    Standard1.0 pips$3 per lot
    Pro0.5 pips$2 per lot
    VIP0.2 pips$1 per lot

    How to open an account?

    1. The user can start the account creation process by pressing the “Register” button, which is found at the top right corner of the main page.
        2. open an account
    2. This forwards the user to the Email registration page, which prompts the user to fill out various personal information that is used to create the account. This process starts with entering a valid e-mail, which then needs to be verified through an automatic confirmation e-mail.
    3. After the personal information in all filled, the user can press the “Register now” button that is located at the bottom of the page, which completed the process.
    open an account

    Minimum Deposit

    The official website of BBI Trading does not provide explicit information about a minimum deposit requirement. However, numerous customer reviews consistently suggest that there is a minimum deposit expectation of at least $100 when trading with the company. This disparity between the official information and user experiences raises concerns about the transparency and communication standards of BBI Trading, potentially impacting the trustworthiness of the brokerage among prospective clients.LeverageBBI Trading offers varying levels of leverage depending on the type of market instrument being traded. For forex trading, clients can access leverage up to 1:1000, while for stocks and indices, the maximum leverage is up to 1:50. For cryptocurrencies, the maximum leverage offered by BBI Trading is up to 1:20.

    Here is a table comparing the maximum leverage for different market instruments offered by BBI Trading, OctaFX, Tickmill, and FxPro:

    BrokerForex LeverageStocks/Indices LeverageCryptocurrencies Leverage
    BBI TradingUp to 1:1000Up to 1:50Up to 1:20
    OctaFXUp to 1:500Up to 1:20Up to 1:2
    TickmillUp to 1:500Up to 1:20Up to 1:5
    FxProUp to 1:500Up to 1:20Up to 1:2

    Spread

    BBI Trading offers a range of spreads for its different account types. The spreads start from 1.0 pips for the Standard account, 0.5 pips for the Pro account, and 0.2 pips for the VIP account. These spreads represent the difference between the bid and ask prices for various financial instruments.

    Deposit & Withdrawal

    BBI Trading offers several deposit and withdrawal methods for its clients. These methods include bank transfers, credit/debit cards, and cryptocurrencies. Bank transfers are available for both deposit and withdrawal purposes and are listed as free of charge. However, credit/debit card deposits incur a 2% fee. Cryptocurrencies also serve as a deposit and withdrawal option, although specific details regarding fees or supported cryptocurrencies are not provided with the available information.

    Trading Platforms

    BBI Trading offers the MetaTrader 4 (MT4) trading platform to its clients. MetaTrader 4 is a widely used and established platform in the financial industry, known for its user-friendly interface, advanced charting tools, technical analysis capabilities, and support for automated trading through Expert Advisors (EAs).

    Unfortunately, having a single trading platform, such as MetaTrader 4 (MT4), can be disadvantageous when compared to competitors offering multiple platforms because it may limit traders' ability to choose a platform that aligns with their specific trading preferences and strategies. Competitors providing a broader selection of platforms allow traders to tailor their trading experience to a greater extent, potentially enhancing their overall performance.

    Here is a table comparing the trading platforms offered by BBI Trading, OctaFX, FXCC, Tickmill, and FxPro:

    BrokerTrading Platforms
    BBI TradingMetaTrader 4 (MT4)
    OctaFXMetaTrader 4 (MT4), MetaTrader 5 (MT5)
    FXCCMetaTrader 4 (MT4)
    TickmillMetaTrader 4 (MT4), MetaTrader 5 (MT5)
    FxProMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
    Trading Platforms

    Customer Support

    BBI Trading offers customer support through email. Clients can reach out to the company's customer support team by sending inquiries and seeking assistance via the provided email address, which iscs@bbistrading.com.

    Having a single customer support method, such as email, can be disadvantageous because it may limit the speed of response and accessibility for clients who prefer or require more immediate assistance. Additionally, it reduces the options for clients to choose a communication method that best suits their needs or preferences, potentially impacting overall customer satisfaction.

    Customer Support

    User Reviews

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    User comment

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    Comments

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    。1316
    more than one year
    During the withdrawal process, I'm dissatisfied with their service. I didn't receive the code on my phone, and multiple attempts were blocked for 24 hours. I'm really disappointed with their service. They should improve their rules, like providing codes through registered email instead of just on mobile phones.
    During the withdrawal process, I'm dissatisfied with their service. I didn't receive the code on my phone, and multiple attempts were blocked for 24 hours. I'm really disappointed with their service. They should improve their rules, like providing codes through registered email instead of just on mobile phones.
    Translate to English
    2024-03-22 17:51
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    serch4 REEB.FAN
    more than one year
    So, starting from October 26th, i tried to withdraw money but got rejected. They mentioned something about giving bonuses because of their activities, right? And then last week, i tried to withdraw your profits, there was a problem with the server, and the customer service gave a lot of excuses.
    So, starting from October 26th, i tried to withdraw money but got rejected. They mentioned something about giving bonuses because of their activities, right? And then last week, i tried to withdraw your profits, there was a problem with the server, and the customer service gave a lot of excuses.
    Translate to English
    2023-12-10 12:30
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