Score

1.44 /10
Danger

BALFX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.49

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

BALFX · Company summary

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Furthermore, the official website is as follows: https://balfx35.com/

General Information& Regulation

BALFX, is an emerging retail broker with 2 years or so of experience in business, moreover, it was registered in the United Kingdom, however, BALFX has not provided any office location info as well as the regulation details.

Market Instruments

All we know is that BALFX is allegedly a Forex broker without regulation in Samoa, besides, we do not know the specific financial assets they offered.

Accounts & Leverage

After struggling our way to search the info about the accounts and leverage of BALFX on the other official websites, nothing did we found.

Trading Platform

BALFX is an MT4/MT5 software White Label provider, which is well-recognized an authoritative and reliable platform for clients all over the world and is available for free download to PC desktops (Windows/macOS) and mobile devices (Android/iOS).

Deposit & Withdrawal

Unfortunately, the same goes for the accounts, BALFX has not elaborated on the payment methods they accept.

Customer Support

The support team is always at clients assistance with the best possible solutions to the queries. If so desired, please call at 08504901755 or e-mail at support@balfx.com within a reasonable time.

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.

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