BACFX

According to WikiFX data, BACFX presents a high-risk profile. Its overall WikiFX score of 1.47 reflects significant deficiencies in key areas, most notably a complete absence of valid regulatory oversight. Operating for 2-5 years from the United States, but within a jurisdiction noted as a suspicious operational region, the entity lacks the financial safeguards typically associated with reliable brokers, such as client fund segregation and investor compensation schemes. Engaging with BACFX carries elevated operational and financial risks.

No, BACFX is not a regulated forex broker. The WikiFX regulatory registry confirms that BACFX holds no valid authoritative licenses from any recognized financial authority. The entity operates entirely without formal financial oversight, which is a critical factor for traders to consider.

BACFX offers at least two account types with distinct minimum deposit requirements. Its STANDARD account requires a minimum deposit of $200 (or equivalent in GBP/EUR). Its PRO account demands a significantly higher entry point of $10,000 (or equivalent in GBP/EUR).

The available data does not explicitly list the trading platforms supported by BACFX. The broker's account information confirms that both its STANDARD and PRO accounts support scalping and the use of Expert Advisors (EAs), functionalities commonly associated with the MetaTrader suite, but specific platform names are not disclosed.