Global Forex Broker Regulatory Inquiry APP


1.99 /10


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

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Quantity 5


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

Single Core



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Contact number

Chinese (Simplified)


Broker Information


Company Name

Boisil Group Limited

Company Abbreviation


Platform registered country and region

United States

Company website

Pyramid scheme complaint


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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

Pyramid scheme complaint

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.

2019-01-11 00:58

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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
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
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