Forex Brokers

Bfinance

1.4 (15 reviews)
🇳🇿 New Zealand
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1.4
15 reviews
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About Bfinance

Bfinance has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

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Customer Reviews

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They sell your data

C
Connor L.
2 months ago

I joined Bfinance after hearing about them at a conference and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Risk management tools|Low minimum deposit|Full transparency|Portfolio tracking tools

Cons: Withdrawal takes 1-2 business days

Listed in warning databases - be aware

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Michael H.
4 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Account closure takes 30 days

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Aria Y.
4 months ago

Do not use Bfinance for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Easy withdrawals|Economic calendar|Fast execution|Educational resources

Cons: Search feature is basic|Minor UI glitches occasionally

Beyond repair at this point

J
Jessica W.
4 months ago

I opened an account with Bfinance for the past year and a half ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: API access|Quick verification|Stable platform

Cons: Wait times can be long during peak hours|Wish they had more educational resources

My worst experience with a financial platform

M
Megan R.
6 months ago

If you are reading this considering Bfinance - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over since last summer has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Fast deposits|Copy trading available|Risk management tools|Professional team

Cons: Mobile app could be improved|Search feature is basic

Stay far away from this company

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William W.
8 months ago

I was contacted by Bfinance through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Platform freezes when you need it most

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Adrian M.
8 months ago

I referred a friend to Bfinance after attending a webinar they hosted. 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: Market news feed|Instant funding

Cons: Email notifications too frequent

Reviews on their site are fabricated

L
Luke V.
9 months ago

I found Bfinance after hearing about them at a conference and the initial impression was positive. But for roughly four months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Copy trading available|Easy withdrawals|Intuitive for beginners|Dedicated account manager

Cons: Research section could be deeper

A joke of a company

F
Felix F.
9 months ago

I had a dispute with Bfinance and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Smooth onboarding|Multiple order types|Instant funding|Dedicated account manager

Cons: Wish they had more educational resources|Limited social trading features

Withdrawal limits are a trap

M
Melody E.
9 months ago

I had high hopes for Bfinance after my brother mentioned them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Copy trading available|Helpful community forum

Cons: Charting tools need more indicators