- SVG FSA
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of BFB Capital Trading Company
BFB Capital LLC is listed in the Register of the National Bank of the Republic of Belarus, Reg. No. 193023796. The company allows trading non-deliverable over-the-counter financial instruments. BFB Capital activities comply with the highest standards in the field, as the company offers advanced technologies and customer service of the European level.
👍 Advantages of trading with BFB Capital:
- Trading platforms: МТ4 and xStation. Despite that xStation is considered a popular platform, MT4/MT5 offer a bigger number of user indicators, scripts and expert advisors. Nonetheless, xStation perfectly complements MT4 in algorithmic trading.
- No deposit/withdrawal fee.
- Access to trading stock assets.
👎 Disadvantages of BFB Capital:
- According to trader reviews, there are complaints about the operation of the Customer Support Service, which does not provide specific answers, instead responding in general terms.
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Investment programs of BFB Capital
At the moment, the broker does not offer investment programs. However, you can use MT4’s signal copying service. For this, you need to do the following:
Once you open an account on BFB Capital, register on the MQL5 website (the website of MT4 developer);
On MT4, in the Terminal window go to Signals tab, and choose a trader, whose signals you want to copy. When making a choice consider trading statistics and equity;
pay the subscription fee and copy signals at any time.
There is a detailed instruction on how to connect to signals on the MT4 platform.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
BFB Capital Partnership program
The broker offers two types of partnership programs:
Affiliate. This is a program for owners of websites, accounts and blogs on social media. The reward is up to 55% commission of the referred clients, with a possibility to build a multi-layer network.
Representative. Ready-made solutions for private entrepreneurs and legal entities that allows for increasing the efficiency of attracting clients. The reward is up to 75%.
Contact Customer Support Service for detailed conditions of partnership programs.
Trading Conditions for BFB Capital Users
| 💻 Trading platform: | MT4, xStation 5 |
|---|---|
| 📊 Accounts: | BFB Standard, BFB Pro, BFB Absolute |
| 💰 Account currency: | USD |
| 💵 Replenishment / Withdrawal: | Cash in CJSC "Alfa-Bank", Bank card, Bank transfer |
| 🚀 Minimum deposit: | BFB Standard - Without restrictions, BFB Pro - 1000 USD, BFB Absolute - 10 000 USD |
| ⚖️ Leverage: | 1:500 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0,01 lots |
| 💱 Spread: | from 0.0 pips |
| 🔧 Instruments: | Forex, Indices, Futures contracts, CFD securities and ETFs |
| 💹 Margin Call / Stop Out: | 100/30% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | No |
BFB Capital Commissions & Fees
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | from USD 9 | no |
| Pro/Absolute | from USD 1 | no |
Also the spreads of the broker’s key competitors were analyzed and the spread on the EUR/USD pair was compared.
| Broker | Average commission | Level |
| BFB Capital | $9 | High |
| RoboForex | $1 | Low |
| IC Markets | $1.5 | Medium |
Contacts
| Foundation date | 2019 |
| Registration address | BFB International Ltd, Suite 305, Griffith Corporate Center, Кингстаун, Сент-Винсент и Гренадины |
| Regulation |
SVG FSA Licence number: 26461 BC 2021 |
| Official site | https://bfb.capital/ru |
Disclaimer:
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has BFB Capital been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against BFB Capital by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of BFB Capital is down, not updated or operates with clear errors and some features are not available;
• BFB Capital has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if BFB Capital got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why BFB Capital got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from BFB Capital?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if BFB Capital is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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