✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker Bforex (also called bforex.com), is a Forex broker. Is Bforex really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may be wondering why we review Bforex. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Financika LTD and Cubbon Services Ltd.
As to its location, the broker mentions being based in: Cyprus.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
Remember that to make a safe investment, the best option (and the safest) are the regulated brokersas they must meet very strict requirements. Instead, when working with a unregulated broker, there is a much higher risk of losing the capital invested, in the event that the company goes bankrupt or is reluctant to return the money as it usually happens.To learn more about regulations, we invite you to access the following link.
Now we go on to analyze account types offered by Bforex, but in this case, we did not find information about the existence of different types of account.
Las platforms to operate that Bforex offers are: a Bforex own platform.
We will now analyze the different resources and aids for traders that Bforex provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Bforex provides the following aids or resources to traders or stakeholders: some live charts, economic calendar, market analysis, really not much more than this.
| Other information about bforex |
Some more information in case you want to contact the company, or see its website for yourself.
Website: en.bforex.com
Telephone: (Customer Service) +44 203 514 0458 | (Negotiation room) +44 208 099 2451 | +5078365996
Email: [email protected]
>>> Assessment on bforex <<
Ending with this section, in our opinion Do we believe that the Bforex company is reliable? Should you invest your money with the company?
The truth is that, we recommend to exercise caution, because: it is an unregulated broker, it is based in unsafe countries (Cyprus), when looking for reviews about bforex We found several negative reviews. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
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For this reason we think it is of the utmost importance that all those affected by these brokers report it through our portal and expose the brokers who have scammed them by writing their experiences, whether good or bad and that in this way it can be uncovered from where the deceptions are committed, who is involved and that everyone knows about it.
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Greetings.