BFDcoin (bfdcoin1.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.bfdcoin1.com.
My withdrawal request from BFDcoin (bfdcoin1.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Customizable dashboard|Tax reports included|Fast deposits
Cons: Account statements could be more detailed|Limited social trading features
I referred a friend to BFDcoin (bfdcoin1.com) through a financial advisor. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Helpful community forum|Reliable uptime
Cons: No dark mode on mobile
The onboarding at BFDcoin (bfdcoin1.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Economic calendar|Helpful community forum|Multi-currency support
Cons: No dark mode on mobile|Nothing significant
I lost a significant amount because BFDcoin (bfdcoin1.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Comprehensive tools|Two-factor authentication
Cons: Help articles are sometimes vague|Limited demo account features
After using BFDcoin (bfdcoin1.com) for about five months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Fast support response|Fast execution|Multi-currency support|Customizable dashboard
Cons: Limited social trading features