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

Broker Search

English

简体中文繁體中文 English Pусский 日本語 ภาษาไทย Tiếng Việt Bahasa Indonesia Español हिन्दी Filippiiniläinen Français Deutsch Português Türkçe 한국어 العربية

BYFX HK -

Suspicious Clone

Score

0123456789

.

0123456789

0123456789

/10

The WikiFX Score of this broker is reduced because of too many complaints!

BYFX HK

Hong Kong|5-10 years|

Suspicious Scope of Business|High potential risk|

http://www.byfx.com.hk/

Website

Rating Index

Contact

85239001500,(852) 3900 1520

cs@byfx.com.hk

http://www.byfx.com.hk/

https://www.facebook.com/BYFXcom/

The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Leveraged foreign exchange trading

SFC Suspicious Clone

Hong Kong Leveraged FX

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Traditional Chinese（HK)

85239001500,(852) 3900 1520

Chinese (Simplified)

(852) 2159 9011

Other ways of contact

Broker Information

More

Company Name

BYFX HK Co., Limited

Abbreviation

BYFX HK

Platform registered country and region

Hong Kong

Company website

http://www.byfx.com.hk/

Facebook

https://www.facebook.com/BYFXcom/

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Download on the

WikiFX (Global)

Download on the

WikiFX (China)

Download Apk

WikiFX Pro

Warning: Low score, please stay away! 3

Previous Detection : 2024-11-21

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The number of the complaints received by WikiFX have reached 19 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

The China Hong Kong SFC regulation (license number: BHK360) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5 Identification

Genealogy

Clones

Keywords

Account Information

Time Machine

BYFX HK · WikiFX Survey

Users who viewed BYFX HK also viewed..

XM

9.05

Score

10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License

Official website

Neex

9.11

Score

15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License

Official website

ATFX

8.92

Score

5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License

Official website

STARTRADER

8.63

Score

10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License

Official website

Review 19

19 Comments

Write a comment

All(19) Latest Exposure(19)

This is a fraud platform. They will reject withdrawal once you withdraw a lot. Often change their website. The customer service rejects withdrawal by various reason. I do not know why such platform can exist

无言的结局523

Unable to withdraw

BYFX financial platform has fraud behavior and refuses to withdraw. They deny withdrawal for various reasons and induce the customer to pay various fees. Now, the platform is absconded and customer service is gone. Why such a fake trading platforms is existed？

无言的结局523

BYFX, affiliated with CITIC Securities, is a malicious fraud that induced customers to pay all kinds of fees, rejected applications for withdrawal of funds, and asked for more money to unfreeze user accounts. After I paid the money to unfreeze my account, they asked for “money-laundering protection fee”. I paid, but they still rejected my request for withdrawing money. This is a fraudulent platform. Now the website of the platform is inaccessible, and the customer service also disappeared. No one cares.

无言的结局523

The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. The black money protection fee has also been paid, but the withdrawal is still refused. I strongly demand that the withdrawal be forced, and now the platform is closed. Unable to contact customer service. It's pure fraud,

无言的结局523

The BYFX financial platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I also paid the black money protection fee, but still refused to withdraw the funds. I asked the platform to force the withdrawal of funds. What kind of bullshit financial platform is this? Now that the URL is changed, I can’t contact the customer service.

无言的结局523

Scroll down to view more

Write a comment

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

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

Install Now

WikiFX Verification Recommended Broker Real-time Spread Broker Information User Reviews