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Bedbrook

Australia|2-5 years|
Regulated in Australia|Investment Advisory License|MT4/5 full license|Regional Brokers|Suspicious Overrun|Medium potential risk|

https://www.bedbrook.net/en/index.html

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
BedbrookIntl-Live MT5
Server Location Ireland

Contact

service@bedbrook.net
https://www.bedbrook.net/en/index.html

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

Bedbrook International Limited

Company Abbreviation

Bedbrook

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-03-19
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 427925)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

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Bedbrook · Company Summary

Since Bedbrooks official website (http://www.shenghuigroupfx.com/) cannot be opened for now, we could only piece together the rough picture of this forex broker by gathering its relevant information from other websites.

basic-info

General Information

Registered in Australia, Bedbrook presents itself as a brokerage firm offering its clients forex trading-related services. Since this forex brokers official website cannot be opened for now, we were unable to obtain more information about its trading assets, spreads and commissions, trading platform, minimum deposit, and more.

The company behind Bedbrook is called Bedbrook Partner Pty Ltd, and this company was registered as Investment Advisory License with the Australia Securities & Investment Commission, with License No. 427925.

Leverage

Leverage information cannot be found anywhere. Since leverage can magnify gains as well as losses, it is wise for beginners to choose the leverage ratio at no more than 1:10. We recommend that traders should trade with a smaller amount at first, until they get more trading experience.

Trading Platform

Surprisingly, Bedbrook says it offers the industry-leading MT5 trading platform, which is among the most popular trading platforms around the world.

MT5 trading platform features powerful charting tools, multiple technical indicators, and more importantly, EA (Expert Advisors) allows traders to automate trading during all trading sessions.

Customer Support

hat it offers 24 x7 customer support to assist its clients with any trading-related problems. For any questions or concerns they may have about their accounts can reach out to Apex500 through the following methods:

Negative Reviews

According to many forex traders complaints, Bedbrook involves serious withdrawal problems. Quite a few traders shared their terrible trading experience on this brokerage platform, saying this broker stole their hard-earned money, blocked their trading accounts, and left them nowhere to turn to. Come to WikiFX to read the whole story.

negative-reviews

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

User Reviews

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4

Comments

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Love a bird777
more than one year
However, you must be noting that I've experienced is occasional slippage, especially during news releases, which can be frustrating. Also, the lack of regulation makes me a bit nervous about the safety of my funds, even though they claim to have segregated account.
2023-04-04 18:30
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0
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Love a bird777
more than one year
I've been using Bedbrook for a few months now and I must say that overall, I'm quite satisfied with their services. The spreads are competitive, especially for major currency pairs, and the trading platform is stable and easy to use. The customer support team is also responsive and helpful, although I have to admit that it can be difficult to reach them during busy periods.
2023-04-04 18:30
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0
0
ABCD40692
more than one year
Don't bargain with Bedbrook! Totally a scam company. I have been ripped off almost $10,000! They rejected my withdrawal request for various reasons and tampered with the contents of my account!
2022-11-27 14:31
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0
0
BUDDY
more than one year
What the hell! The platform closed its website? The customer service is unreachable… maybe they’ve already stolen enough money from investors’ pockets…
2022-11-24 14:55
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0
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