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BAYBANNFA foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://member.baybankus.com/Account/Register, about the company's legal and temporary regulatory information, the company's address .

BAYBANNFA Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
BAYBANNFA LIMITED
Abbreviation
BAYBANNFA
Company employee
--
Customer Service Email Address
ENQUIRY@BAYBANNFAUS.COM
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: BAYBANNFA's official website: https://www.baybankus.com/index_en.html is currently inaccessible normally.BAYBANNFA Information Established in 2021, BAYBANNFA is an unregulated brokerage company registered in Belize. The company offers the MetaTrader 5(MT5) platform for trading.Is BAYBANNFA Legit? BAYBANNFA is currently unregulated. This means there is no official regulator to protect your money or ensure fair trading practices. Before considering trading with BAYBANNFA, it suggests to konw more this broker and ask for professional advice, which is important for protecting your funds. This will help you understand the risks involved and ensure your financial security.Downsides of BAYBANNFA Unavailable Website BAYBANNFA's official website is currently inaccessible, which makes traders worry about the safety of funds. Lack of Transparency There is a notable lack of information about BAYBANNFA available online. It is difficult for traders to do wise decisions because of the lack of transparency. Regulatory Concerns BAYBANNFA is not regulated. It may be fraud, such as misappropriation of client funds, resulting in the loss of trader's funds. What's more, the lack of transparency may lead to inability to get money back eventually.Negative AVA Trade Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter. As of now, there are ten pieces of AVA Trade exposure in total. I will introduce 2 of them. Exposure1. Scam ClassificationScam Date2022-06-06 Post CountryHong Kong, China The user said that the broker is a scam group. You may visit: https://www.wikifx.com/en/comments/detail/202206067332851559.html Exposure 2. Cannot withdraw ClassificationUnable to Withdraw Date2022-06-06 Post CountryHong Kong, China The user said that the funds could not be withdrawn.You may visit: https://www.wikifx.com/en/comments/detail/202206064812923308.htmlConclusion BAYBANNFA's website is currently inaccessible, and there's a noticeable lack of information available online. What's more, BAYBANNFA is unregulated, meaning there's no official regulatory supervise its operations or protecting traders' funds. So BAYBANNFA may not be a trustworthy platform for trading. It's important to seek for professional advice before trading with this broker.

Is BAYBANNFA safe or scam

Rating Index

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Latest Reviews

晴天霹雳30617

晴天霹雳30617

Hong Kong

A short time before, BayBang invited many people at Sichuang and Zhejiang. However, on May 24, the company announced that the system was upgraded, and then the next day, it announced that the partner DB company had been investigated for violations; and then notified the chairman of Beibang International. He was arrested and is in a lawsuit. Now the trading website and withdrawal channel have been closed directly, the person in charge has disappeared, and the legal person of the Chinese branch was first arrested and then released on bail. However, Beibang International evaded the law, resulting in the victim's various conditions for filing a case not being met, and so far it has not been possible to file a case. Can only watch the scam group run away.

Exposure

2022-06-06

简阳康骨堂~付老师

简阳康骨堂~付老师

Hong Kong

No withdrawals from May 23, 2022! One after another, the company notified the DB brokers that it cooperated with tax evasion and tax evasion. If the funds were frozen, the funds could not be withdrawn! On May 26, the company closed the login website App, and now collects some information on June 6! 1. The company announced that the boss "Brian" was under arrest by the US federal government, and there is no news so far! 2. At present, the company's president "Shi Weilun" has disappeared under the pseudonym "Mark"! Suspect running away! 3. The company's Chinese legal person "Li Zhe" called the police in Haikou, Hainan in the name of the company! 4. At present, due to the inability to withdraw funds in China, most of the victims have gradually started to report to the police! China TV's "Fortune World" column and BB Beibang International signed a contract with "ZTE Foundation" to cooperate~~the two of them gave BAYBANNFA{Platform} is the main accomplice to deceive the majority of the Chinese people!

Exposure

2022-06-06

张潾潾

张潾潾

Hong Kong

On May 23, I was notified that the system upgrade and cannot be traded. Then on the 26th, it said that I could not withdraw the money. I don't know what to do.

Exposure

2022-05-29

BAYBANNFA Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.05, Software Index 4.00 Risk Control Index 0.00.