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BYFX HK -

Score

1.57 /10
Danger

BYFX HK

Hong Kong

5-10 years

Suspicious Regulatory License

High potential risk

http://www.byfx.com.hk

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Comparison

Quantity 19

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.46

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

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

BYFX HK Co., Limited

Company Abbreviation

BYFX HK

Platform registered country and region

Hong Kong

Company website

Facebook

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 19 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

19 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Fraud platform

This is a fraud platform. They will reject withdrawal once you withdraw a lot. Often change their website. The customer service rejects withdrawal by various reason. I do not know why such platform can exist

2023-02-27 10:04
Scam

Unable to withdraw

The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I also paid the protection fee for black money, but I still refused to withdraw the money. I asked the headquarters to deal with this matter.

2023-01-09 10:58
Scam

Scam

The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. The black money protection fee has also been paid, but the withdrawal is still refused. I strongly demand that the withdrawal be forced, and now the platform is closed. Unable to contact customer service. It's pure fraud,

2023-01-15 21:19
Unable to Withdraw

Fraudulent funds

The BYFX financial platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I paid the protection fee for fraud money, but I still refused to withdraw the money. I asked the headquarters to deal with the matter. Now the website is closed. I can’t enter the platform, and I can’t contact the customer service.

2023-01-11 19:48
Unable to Withdraw

Unable to withdraw

BYFX financial platform has fraud behavior and refuses to withdraw. They deny withdrawal for various reasons and induce the customer to pay various fees. Now, the platform is absconded and customer service is gone. Why such a fake trading platforms is existed？

2023-02-04 13:35
Unable to Withdraw

Induce fraud

The withdrawal does not arrive for a month. At the beginning, I was told that the funds were frozen, and I had to pay the unfreezing fee. After paying the unfreezing fee, I was now told that it was malicious fraud money, and I explained it clearly, but the bank has to make up the part of the malicious fraud money, which is obvious. Scam.

2023-01-05 05:55
Unable to Withdraw

Scam

The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I also paid the protection fee for fraud money, but still refused to withdraw the money. I asked the headquarters to deal with this matter. Now BYFX has closed the webpage, cannot open the webpage, and cannot log in to the account.

2023-01-10 16:23
Unable to Withdraw

Fraud

The BYFX financial platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I also paid the black money protection fee, but still refused to withdraw the funds. I asked the platform to force the withdrawal of funds. What kind of bullshit financial platform is this? Now that the URL is changed, I can’t contact the customer service.

2023-01-14 20:16
Scam

Unable to withdraw

It has been more than a month since China CITIC Securities Co., Ltd.’s Baiyihui Financial Platform United Bank has been unable to withdraw funds to customers, and refused to receive funds for various reasons. Today, the webpage is closed and cannot be accessed. There is a serious fraud Behavior

2023-01-07 10:43
Unable to Withdraw

Deny withdrawal by various reasons

This is an irregular platform that refuses to give its customers withdrawals for a variety of reasons. The account funds are frozen at will, and the funds are given only after the thawing money is paid, but after the thawing money is paid, the funds are still refused to be withdrawn. It is a set of cards, I do not know how the CITIC Securities Company is managed.

2023-01-02 17:29
Scam

Unable to withdraw. Induce fraud

The Bai Yi Hui financial platform of CITIC Securities, after successful trading, refuses to withdraw the funds, using various reasons to stall, excuses for not being able to withdraw the funds normally, inducing customers to pay various fees, freezing funds at will, thawing funds to pay thawing fees, thawing fees paid and refusing to withdraw the funds for other reasons, how is this platform managed by CITIC Securities?

2023-01-03 06:49
Unable to Withdraw

Fraud

BYFX, affiliated with CITIC Securities, is a malicious fraud that induced customers to pay all kinds of fees, rejected applications for withdrawal of funds, and asked for more money to unfreeze user accounts. After I paid the money to unfreeze my account, they asked for “money-laundering protection fee”. I paid, but they still rejected my request for withdrawing money. This is a fraudulent platform. Now the website of the platform is inaccessible, and the customer service also disappeared. No one cares.

2023-01-23 09:25
Scam

Unable to withdraw

Citic securities' BYFX HK the financial platform, after the customer completes the transaction, induces the customer to pay various fees, freezes the funds at will, asks the customer to pay the unfreezing fee, and prevaricates the normal withdrawal of funds for various reasons, which is fraudulent

2023-01-03 20:09
Scam

Unable to withdraw normally

After successful trading, the bank is unable to withdraw funds normally, and induces customers to pay unnecessary funds and freeze their funds at will on the grounds of paying unfrozen funds. The bank does not have the right to freeze the client's funds at will and does not give the normal withdrawal on the grounds of paying the unfrozen funds. There are deceptive behavior.

2022-12-29 15:40
Scam

Telecom fraud

The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. The black money protection fee has also been paid, but the withdrawal is still refused. I asked the headquarters to deal with this matter. Now the website is closed, the webpage cannot be accessed, and customer service cannot be contacted.

2023-01-13 10:01
Unable to Withdraw

Induced fraud

The BYFX financial platform, which is engaged in CITIC Securities Foreign Exchange, has always refused to withdraw my funds to the account. The platform communicated with the bank and used various excuses to refuse to allow me to withdraw funds to the account. After paying personal income tax, I had a third-party deposit and asked me to pay the security deposit to unfreeze, and then I withdraw cash for more than 72 hours and asked me to pay the unfreeze fee, and finally said that I had malicious money laundering. Let me make up the part of the money before it can be credited. This is actually the routine of the bank and the platform. Now that the platform is closed and the website cannot be accessed. It is fraud

2023-01-08 22:29

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    Comments

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    FX2570086934
    more than one year
    A joint collaboration between WikiFX and finrecoup .org have exposed the fraudulent activities of BYFC HK … visit the finrecoup website to drop complaints
    A joint collaboration between WikiFX and finrecoup .org have exposed the fraudulent activities of BYFC HK … visit the finrecoup website to drop complaints
    Translate to English
    2023-01-06 00:41
    Reply
    0
    1
    无言的结局523
    more than one year
    随意冻结账户资金，解冻资金要交解冻费，诱导客户被欺骗，无法按约定时间出金到账，凝似诈骗平台。
    随意冻结账户资金，解冻资金要交解冻费，诱导客户被欺骗，无法按约定时间出金到账，凝似诈骗平台。
    Translate to English
    2022-12-29 10:08
    Reply
    0
    1
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