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BSFX -

No Regulation

Score

1.99 /10

Danger

BSFX

Item: BSFX
Rating: 1.99

United States

5-10 years

Regulated in United States

Suspicious Regulatory License

MT4/5 full license

Regional Brokers

Australia Common Business Registration Revoked

Suspicious Overrun

High potential risk

http://www.bsfx.com/en/

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Comparison

Quantity 5

Exposure

Open Account

Website

Score

License Index	0.00
Business Index	7.22
Risk Management Index	0.00
Software Index	7.02
Regulatory Index	0.00

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

Open Account

Website

Licenses

NFA Unauthorized

Common fin.

ASIC Revoked

Biz reg

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Contact number

Chinese (Simplified)

4008005301

Broker Information

Company Name

Boisil Group Limited

Company Abbreviation

BSFX

Platform registered country and region

United States

Company website

http://www.bsfx.com/en/

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX APK

Warning: Low score, please stay away! 6

Previous Detection : 2023-06-05

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

United StatesNFA (license number: 0496585) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Exposure

5 pieces of exposure in total

Pyramid scheme complaint

Expose

Scam

They abused me after failed to scam me.

They scammed people to trade GBP/XAU in their group chat and sent us making-profit screenshots. They manipulated our accounts. I didn’t listen to them. Don’t get yourself fooled.

FX8949468781

2018-08-29 17:40

Scam

They manipulated my account to make me lose after I made a profit.

I bought short EUR ever since April 16th. Until May 22th, I traded 60 lots and earned 120000 RMB. On May 22th, their people manipulated my account and bought short 60 lots GBP/NZD and scammed all my money. Stay away from them!

FX4419386279

2018-08-29 19:20

Scam

BSFX pocketed my fund of 45 thousand RMB

During November to December in 2017.I knew two teachers (teacher Qing and Alan) of 111 .With their temptation,I deposited more than 100 thousand RMB in total.With teachers’ giving order recommendation,I made a losses of 45 thousand RMB in total.I am suspicious that they have pocketed my fund.

FX9879385547

2018-08-03 21:39

Others

BSFX fraud platform defrauded me of more than 120000 RMB.

I saw an article written by a man called Cheng on Jinritoutiao and added his Wechat. He induced me to trade gold with him and promised me a 15% profit. I deposited $12500 on February 23th and traded entirely under his guidance. I lost a lot. Then he promoted me a middle class client and asked me to deposit 3071RMB. I lost again. I lost altogether over 81000 RMB. He asked me to deposit 39960RMB more to recover my loss. But I lost again. I’ve got only $511 now. This is a scam!

外惠唯权007

2018-03-30 01:13

Scam

BSFX deceived my hard-earned money of 25336.664 RMB

The salesman "Zhang Lin" of BSFX took the initiative on the matchmaking website to induce me to do forex investment with him,saying that he earned 400,000 in half a year by invseting1 million and sending the profit screenshot every day.He also said that 30% bonus will be sent as long as I deposit money,boasting the backing force was Peking University with fund security guarantee.I couldn’t resist the temptation and entered the order recommendation group(QQ848970014);2.Teacher Chen registered account,install the quotation software for me and helped me deposit $20000 by remote control,as well as giving order recommendation;3.Due to the $658 losses of the first two orders,I required to end the trade.At this time,the liar "Zhang Lin" advised me to hand over the account to his friend to help me operate, and said that the his income "20-30%" every three months.With his repeated lobbying, I handed over the account password to him and his friend operated my account.He asked me to add $20000,saying that small fund was hard to operate.My total deposit was 40,000 US dollars(equals 253,366.64 yuan in accordance with the exchange rate at that time);Afterwards,the friend changed my password with the reason of trading secret strategy.I repeatedly asked for a password to view the account,which was rejected.Until March 10, 2017 (the account was liquidated), her disappeared and the account was canceled.The website was disabled.Now the police has filed a case for investigation.

doyoucallme

2019-01-11 00:58

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FX1454603970

more than one year

BSFX is the absolute worst! I'm telling you, as a trader, they are completely unreliable and dishonest. Every time I get close to making a profit, they shut down my orders. It's not just a one-time thing either, this has happened to me multiple times, and I'm not buying their excuses anymore. They are terrible and untrustworthy！

2023-03-29 09:16

FX1300492820

more than one year

I signed up for this platform, and right after that, I remembered that I should read the reviews first-silly me. So I read them, and I immediately decided not to engage with them in any matter, there are many bad reviews and articles warning people about them. Stay clear!

2023-03-03 16:58