Home -
BSIFX -

Score

1.53 /10
Danger

BSIFX

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

https://bsifx.com

Influence

C

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.13

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!
Previous Detection : 2024-12-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

BSIFX · Company summary
BSIFXReview Summary
Founded2018
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsStocks, Currencies, Commodities, Indices, CFDs
Demo Account✅
LeverageUp to 1:100
Spreadfrom 2.0 pips
Trading PlatformMT4
Min Deposit$250
Customer SupportPhone: +44 20 7097 7197
Email: support@bsifx.cominfo@bsifx.com
Online Chat: 24/6
Social Meida: Facebook, Twitter, Instagram, Youtube
Physical Address: Istanbul Venezia Mega Outlet

BSIFX Information

BSIFX, founded in 2018, is a brokerage registered in the United Kingdom. It provides traders with 100+ trading instruments, supporting traders to use the MT4 platform, and has 3 account types to choose from. However, the problem is that the broker is not regulated and carries relatively large risks.

BSIFX Information

Pros and Cons

ProsCons
100+ InstrumentsNo regulation
Support MT4The deposit threshold is up to $250
No commission

Is BSIFX Legit?

BSIFX is not regulated and is an unsecured broker, which carries certain risks.

Is BSIFX Legit?
Is BSIFX Legit?

What Can I Trade on BSIFX?

BSIFX claims to offer 100+ trading instruments, including stocks, currencies, commodities, indices and CFDs. For example, hundreds of securities including currency pairs such as the euro/dollar, shares of publicly traded companies such as Tesla, as well as indices such as the Dow Jones and commodities such as gold, oil and silver can be traded.

Tradable InstrumentsSupported
Stocks✔
Currencies✔
Commodities✔
Indices✔
CFDs✔
Bonds❌
ETF❌

Account Types

The broker offers three types of accounts: Classic Account, Golden Account, and VIP Account.

The minimum deposit requirements of the three accounts range from $250 to $100,000. The spread ranges from 1.0 to 2.0pips, and the higher the account level, the smaller the spread. The leverage is 1:100.

Account TypesClassic AccountGolden AccountVIP Account
Minimum Deposit$250$30,000$100,000
Spreadsfrom 2.0 pipsfrom 1.5 pipsfrom 1.0 pip
Max Leverage1:1001:1001:100
Min Lots0.010.010.01
Daily Briefing & ResearchIncludedIncludedIncluded
Trading PlatformDesktop, Tablet, MobileDesktop, Tablet, MobileDesktop, Tablet, Mobile
Stop Out Level20%15%10%
Account Types

BSIFX Fees

BSIFX Spreads

The higher the BSIFX account level, the smaller the spread, and the spread range remains between 1.0 and 2.0pips. In addition, In BSIFX, In BSIFX, traders do not need commissions to make trades.

Non-Trading Fees

When deposits and withdrawals are made without a transaction, a 20% commission will be charged to cover the payment fee.

Trading Platform

The trading platform supported by BSIFX is MT4, available on Windows desktop as well as IOS and Android mobile systems.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Desktop, MobileBeginner
MT5❌
Trading Platform

Deposit and Withdrawal

BSIFX offers three modes of deposit and withdrawal: Credit Card, Wire Transfer and E-wallets.

Deposits made using Visa/MasterCard/BTC/ETH/ or USDT will be refunded first in the same way, with a minimum withdrawal amount of $50.

Deposit and Withdrawal

Customer Service

BSIFX says it offers a 24/6 online service. In addition, traders can access customer service through phone, email, social media and physical addresses.

Contact OptionsDetails
Phone+44 20 7097 7197
Emailsupport@bsifx.cominfo@bsifx.com
Online Chat24/6
Social MeidaFacebook, Twitter, Instagram, Youtube
Website LanguageArabic, Chinese, Dutch, English, French, German, Italian, Portuguese, Russian, Spanish, Turkish
Physical AddressIstanbul Venezia Mega Outlet

The Bottom Line

Seeing zero commission trading, plus 100+ trading instruments and the MT4 platform, these advantages of BSIFX attract traders. However, BSIFX has a great security risk, because it is not regulated, this broker is very risky.

FAQs

Is BSIFX suitable for beginners?

No, it doesn't. While providing conditions that benefit beginners, the disadvantages of being unregulated are even greater.

What trading platform is supported by BSIFX?

BSIFX offers the MT4 platform for traders to use.

Is BSIFX safe?

It's not safe. The broker lacked supervision and security.

User Reviews

More

User comment

2

Comments

Write a review

FX1378510281
more than one year
I was trying to access BSIFX's website to manage my forex account, but I found that the website displayed a message saying 'Account Suspended.' WHAT??? I'm very concerned about this, as I cannot access my funds or manage my trades. I hope BSIFX can provide a solution to this issue as soon as possible!!
I was trying to access BSIFX's website to manage my forex account, but I found that the website displayed a message saying 'Account Suspended.' WHAT??? I'm very concerned about this, as I cannot access my funds or manage my trades. I hope BSIFX can provide a solution to this issue as soon as possible!!
Translate to English
2023-03-20 10:21
Reply
0
0
FX1342035324
more than one year
I have been trading with BSIFX’s trading Classic account for two months. Everything is ok, no slippage, no wrong trading signals, no manipulation. I feel that it is the best online broker I’ve traded with recently.
I have been trading with BSIFX’s trading Classic account for two months. Everything is ok, no slippage, no wrong trading signals, no manipulation. I feel that it is the best online broker I’ve traded with recently.
Translate to English
2023-03-17 18:01
Reply
0
0