Bureau of Financial Trading has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 1775 K Street Northwest Washington District of Columbia 20036 USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: gov.boft.us.
The only good thing about Bureau of Financial Trading is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Multi-currency support|Fast support response
Cons: Slow to add new assets
Bureau of Financial Trading advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: High security standards|Intuitive for beginners|Comprehensive tools|Professional team
Cons: Currency conversion fee exists|Alert system is basic
Do not be fooled by the professional-looking website. Behind the scenes, Bureau of Financial Trading is disorganized and incompetent. I found them through my accountant's suggestion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Tax reports included|Good mobile app|Real-time alerts
Cons: Limited ETF selection|Desktop app not available on Linux
I trusted Bureau of Financial Trading with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Transparent fees|Easy withdrawals|High security standards
Cons: Desktop app not available on Linux