www.bforfinance.com has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs 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.bforfinance.com.
I lost a significant amount because www.bforfinance.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: Detailed reporting|Economic calendar|Intuitive for beginners
Cons: Currency conversion fee exists|Withdrawal takes 1-2 business days
The so-called education at www.bforfinance.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for just over a year thinking they would help me learn.
Pros: Professional team|Good analytical tools|Customizable dashboard|Multi-device support
Cons: Spreads widen during volatile periods
Opened my account with www.bforfinance.com through word of mouth in my investment club and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Segregated accounts|Excellent charting|Comprehensive tools
Cons: No integrated tax optimization
My withdrawal request from www.bforfinance.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: Portfolio tracking tools|Detailed reporting|Educational resources
Cons: No integrated tax optimization
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. www.bforfinance.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Wide product range|Dedicated account manager
Cons: Minimum deposit could be lower
I have been trying to close my account with www.bforfinance.com for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Excellent charting|Real-time alerts|Quick verification|Transparent fees
Cons: Limited social trading features
After spending for just over a year trying to make www.bforfinance.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Market news feed|Clear documentation|Portfolio tracking tools
Cons: Research section could be deeper|No fractional shares
After using www.bforfinance.com for over three years, 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: Educational resources|Good mobile app|Low minimum deposit
Cons: No live chat on mobile
My card was charged twice by www.bforfinance.com on the same day. I had to dispute it with my bank. www.bforfinance.com then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Dedicated account manager|Portfolio tracking tools|Multi-currency support|Easy to use platform
Cons: No crypto staking
www.bforfinance.com had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Risk management tools|Great customer service|Portfolio tracking tools
Cons: Withdrawal takes 1-2 business days|Some tools only available on higher tiers