WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

BYDS

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.boyidashi.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Germany 3.15
Surpassed 14.80% brokers
Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

https://www.boyidashi.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
China
Operating period
2-5 years
Company Name
博易大师
Abbreviation
BYDS
Company employee
--
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

上善若水9346

Hong Kong

Everything is fake, the trader’s name is fake, the name of the live broadcast room is constantly changing, the name of the customer service staff is also constantly changing, the trading software used is Boyi Master, account number is 37000311.

Exposure

03-28

Destiny14234

Hong Kong

A customer service added me and claimed that he was from Excalibur Company, and induced me to download the BYDS trading software. After depositing, they refused to withdraw for various reasons. Now, they simply said that the account is restricted from log in. My account has 5.6w US dollars, which is equivalent to Nearly 400,000 cannot be withdrawn

Exposure

2021-12-09

Destiny14234

Hong Kong

evading for various reasons. There are fifty thousands US dollars on the account and cannot withdraw it. Please help to mediate

Exposure

2021-12-03

FX1058151091

Hong Kong

A friend who I added many years ago became an employee of a data technology company, making u profit 3-8 times of your principal. It’s so attractive. Because my business was not good, I wanna earn more money. And I used to partner with him, so I trusted him. I deposited 10,000. The first two orders profited, but I lost the third time for my mistake. I wanna earn back my loss, so I deposited 30,000. Then I made a mistake again. I thought I lost because of my mistakes, so I continued depositing 30,000. But in fact, it’s a trap. At this time, they said I wasted their data and made their company lose, I had to top up 100,000 to get an operator to help me operate. Then I realized I was cheated and I tried to withdraw funds but the customer service said I had to fulfill the turnover. Now I finished the turnover but my application hasn’t been approved. I called the phone showed on their business license but got the answer that their license was peculated. And they called the police. The money invested was borrowed for the credit card and my friends. I don’t know what to do so I exposed them here and hope to recover my money. It should serve as a reminder of not making the same mistake.

Exposure

2021-01-15

4
Biz Area
Website
Company Summary
Review

Users who viewed BYDS also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
XM
XM
Score
9.05
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

FBS

8.77
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
FBS
FBS
Score
8.77
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

STARTRADER

8.63
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
STARTRADER
STARTRADER
Score
8.63
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Exness

8.30
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Exness
Exness
Score
8.30
  • 10-15 years |
  • Regulated in Cyprus |
  • Market Making(MM) |
  • MT4 Full License
Official website

Website

  • boyidashi.com

    Server Location

    Hong Kong

    Website Domain Name

    boyidashi.com

    Website

    WHOIS.GODADDY.COM

    Company

    GODADDY.COM, LLC

    Domain Effective Date

    2011-07-15

    Server IP

    129.226.161.157

Company Summary

Aspect Information
Company Name BYDS
Registered Country/Area China
Founded Year 2018
Regulation Unregulated
Products & Services Futures Account Opening and Trading Services,Market Analysis and Information,Educational Resources and Support,Online Support and Customer Service,Promotional Activities and Community Engagement
Demo Account Available
Trading Platform Boyi Master,Pocket Wearlth APP
Customer Support Online message system
Educational Resources Futures Circle,FAQ square and others

Overview of BYDS

BYDS, established in 2018 and based in China, is an unregulated company that offers a broad range of futures trading services.

These include account opening for futures, market analysis, educational resources, and customer support. Its educational offerings feature platforms such as Futures Circle and FAQ Square among others, meeting to various learning needs.

BYDS also provides a demo account option for users to practice trading without financial risk. Customer support is primarily accessible through an online messaging system.

Additionally, the company engages in promotional activities and community engagement to enhance user experience and brand visibility.

Overview of BYDS

Regulatory Status

BYDS is an unregulated company, meaning it does not hold any official licensing or oversight from financial regulatory authorities.

This status allows the company to operate without the strict compliance requirements and oversight typically enforced on regulated financial service providers.

Pros and Cons

Pros Cons
Comprehensive Trading Services Language Barrier
Educational Resources Globalization Limited
Real-Time Market Updates Platform Complexity
Robust Customer Support Promotional Focus
Community Engagement Regulatory Concerns

Pros:

  1. Comprehensive Trading Services: BYDS provides a wide range of services including futures account opening, trading, and real-time market analysis, which are essential for both novice and experienced traders.

  2. Educational Resources: The platform offers extensive educational materials such as tutorials, webinars, and articles that help traders understand and navigate the futures market effectively.

  3. Real-Time Market Updates: Traders benefit from timely and accurate market updates and analysis, which are crucial for making informed trading decisions in the volatile futures market.

  4. Robust Customer Support: BYDS has a strong customer service system that includes an online ticketing service and a dedicated contact center based in Shanghai, ensuring prompt and effective resolution of user issues.

  5. Community Engagement: The platform promotes a vibrant trading community where users can share insights, strategies, and experiences, fostering a collaborative environment.

Cons:

  1. Language Barrier: As a China-based platform, language could be a barrier for non-Chinese speaking traders who wish to utilize the platform.

  2. Globalization Limited: The focus primarily on Chinese and select international markets may not attract traders interested in a broader global market perspective.

  3. Platform Complexity: The wealth of features and data provided will be overwhelming for beginners who are new to futures trading.

  4. Promotional Focus: While promotional activities can engage users, they will distract from the core trading experience or lead to confusion if not clearly related to trading benefits.

  5. Regulatory Concerns: Being based in China, international traders will have concerns regarding compliance with local regulations and how they align with international trading standards.

Products & Services

BYDS (Boyi Master) is a comprehensive community platform in China that specializes in futures account opening, trading, and market analysis. Here are the key services provided by BYDS, outlined in several parts:

  1. Futures Account Opening and Trading Services:

  1. BYDS offers professional services for opening and managing futures trading accounts. The platform attract both novice and experienced traders, providing access to major futures exchanges in China and international markets. This service simplifies the process of entering the futures market, offering user-friendly tools and support for seamless trading operations.

  1. Market Analysis and Information:

  1. Traders at BYDS benefit from in-depth market analysis and real-time news updates that cover a broad spectrum of commodities and financial instruments. The platform provides detailed reports and forecasts, helping traders make informed decisions based on current market trends and economic indicators.

  1. Educational Resources and Support:

  1. BYDS places a strong emphasis on trader education by offering a range of learning materials and resources. These include tutorials, webinars, and articles that cover various aspects of futures trading. The platform aims to equip traders with the knowledge and skills necessary to navigate complex market conditions effectively.

  1. Online Support and Customer Service:

  1. BYDS is committed to providing excellent customer support with a comprehensive online ticketing system for queries and technical assistance. Their customer service is accessible through a dedicated contact center based in Shanghai, ensuring that user inquiries are handled promptly and efficiently.

  1. Promotional Activities and Community Engagement:

  1. The platform regularly hosts promotional activities and offers various membership benefits to engage and retain its user base. BYDS also fosters a vibrant community where traders can interact, share insights, and collaborate on trading strategies, enhancing the overall trading experience for its members.

Products & Services

How to Open an Account?

Opening an account with Boyi Master (BYDS) involves a streamlined three-step process that facilitates easy access to futures trading. Heres how to go about it:

  1. Bank-Futures Contracting:Start by linking your bank account with your futures account. It is recommended to use the CCB (China Construction Bank) for a seamless bank-futures transfer.

  2. Software Download:Download the Boyi Master trading software. This platform-specific software is tailored to enhance your trading experience with advanced tools and features.

  3. Account Opening Introduction and Verification:Complete the account setup by scanning a QR code to add BYDS customer service on WeChat. This allows for personal interaction with customer service for any assistance during the account opening process.

Trading Platform

Boyi Master offers a robust trading platform designed to meet the needs of futures traders.

Traders can access the platform through mobile applications like Pocket Wealth, which allows for trading on-the-go.

Trading Platform

Additionally, for those looking to practice trading strategies without financial risk, Boyi Master provides the option to open a demo account. This variety of platform options ensures that traders of all experience levels have the resources they need to effectively engage with the futures market.

Trading Platform

Customer Support

Boyi Master provides comprehensive customer support from their headquarters located in Shanghai's Pudong New Area, specifically at Building 5, Lujiazui Software Park.

Customers seeking assistance can reach out via the company's switchboard at 021-20339000 for direct communication, or they can use the fax number 021-20339009 for sending documents and more detailed inquiries.

Customer Support

Educational Resources

Boyi Master (BYDS) offers a variety of educational resources tailored to enhance the trading knowledge and skills of its users.

These resources include tutorials, detailed market analysis reports, and real-time news updates that help traders stay informed about the latest market trends and trading strategies.

The platform also provides Q&A sessions and webinars, which are designed to address specific trading questions and provide in-depth insights into the futures market. This educational support is aimed at both novice and experienced traders, aiming to improve their trading efficiency and success.

Educational Resources

Conclusion

Boyi Master (BYDS) is a comprehensive platform that supports futures trading with a focus on user education, advanced trading tools, and customer support.

It provides real-time market updates, educational resources, and a community for traders to engage and enhance their trading strategies. This platform attract both beginners and experienced traders, ensuring they have the tools and knowledge necessary to navigate the futures market effectively.

FAQs

Question: What trading platforms does Boyi Master offer?

Answer: Boyi Master provides its proprietary trading platform, Boyi Master 5 Plus, along with mobile applications such as Pocket Wealth for convenient on-the-go trading.

Question: Can I practice trading on Boyi Master without using real money?

Answer: Yes, Boyi Master offers a demo account where you can practice trading strategies using virtual funds without any financial risk.

Question: How do I open an account with Boyi Master?

Answer: To open an account, you need to connect your bank account for funds transfer, download the Boyi Master trading software, and complete the account setup by interacting with customer service via WeChat for verification and to discuss exclusive benefits.

Question: What educational resources does Boyi Master provide?

Answer: Boyi Master offers a range of educational resources, including tutorials, market analysis reports, and webinars to help traders understand the market and refine their trading strategies.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Review 4

All(4) Latest Exposure(4)
No more
Write a comment
Positive
Neutral
Exposure

Content you want to comment

Please enter...

Submit now
Write a comment
4
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com