Score
Bedbrook
Australia|5-10 years| https://www.bedbrook.net/en/index.html
Website
Rating Index
Contact
Licenses
Licensed Institution：BEDBROOK PARTNERS PTY LTD
License No.：427925
Single Core
1G
40G
1M*ADSL
- 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!
Basic information
Australia
5-10 years Regulated in Australia Investment Advisory License Suspicious Scope of Business Suspicious Overrun Medium potential riskUsers who viewed Bedbrook also viewed..
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Website
bedbrook.net
Server Location
Singapore
Website Domain Name
bedbrook.net
Server IP
8.210.67.16
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.
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.
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.
Keywords
- 5-10 years
- Regulated in Australia
- Investment Advisory License
- Suspicious Scope of Business
- Suspicious Overrun
- Medium potential risk
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FX9277474952
United States
Block investors' accounts
Exposure
2021-06-30
FX9277474952
United States
The company can manipulate the chart and make a very low price that never appeared on other platforms, so that the investor’s accounts will be blown up and lose a fortune. Then, the company threaten the customers to replenish margins to the account.
Exposure
2021-06-12
生活76738
Hong Kong
Unable to withdraw. The customer service is out of contact.
Exposure
2020-09-30
Love a bird777
Philippines
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.
Neutral
2023-04-04