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BIZ Forex broker specializes in providing foreign exchange trading services, the company's official website http://user.biz-fx.c..., the company's legitimate regulatory information New ZealandFSPRFinancial Service Corporate to enhance the security of the company's address

BIZ Forex Broker

Basic Information

Registered Region
New Zealand
Operating Period
--
Company Name
BIZ SOLUTIONS LIMITED
Abbreviation
BIZ
Company employee
--
Customer Service Email Address
info@biz-fx.com
Contact Number
+85254266833
Company Website
--
Keywords
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
New Zealand Financial Service Corporate Revoked
Suspicious Overrun
High potential risk

Rating Index

How to login to BIZ?
biz Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a biz Account Creating a biz account is the first step to accessing all the features and services offered by the platform. Follow these detailed steps to successfully

  

Biz Forex Broker - Complete Information Guide

  

1. Broker Overview

  Company Name and Establishment: Biz Broker 24, founded in 2009, is one of the pioneering brokerage firms in the online business sales industry.

  Headquarters and Major Offices: The company is primarily headquartered in the United States but has a global presence with brokers operating remotely from various countries, including China, India, Russia, the UAE, the United Kingdom, the Philippines, Germany, and South Korea.

  Company Nature: Biz Broker 24 is a privately held company that focuses on facilitating the buying and selling of online businesses, particularly websites.

  Target Markets and Clientele: The firm serves a diverse clientele, including individual entrepreneurs, small business owners, and institutional investors looking to acquire or sell websites, particularly in the fields of SaaS, eCommerce, and affiliate marketing.

  Company Development and Milestones: Since its inception, Biz Broker 24 has established itself as a significant player in the online business brokerage market. The firm has built a robust network of brokers and clients, achieving a high success rate of 95% in business closings, which is a testament to its effective business practices.

  Parent Company or Group Relations: As a standalone entity, Biz Broker 24 operates independently without any parent company.

  Business Model Overview: The firm primarily operates in the retail forex market, focusing on online business transactions rather than traditional forex trading. Its model emphasizes connecting sellers with qualified buyers through a structured valuation and sales process.

  

2. Regulatory and Compliance Information

  Primary Regulatory Bodies: Biz Broker 24 is regulated by several authorities to ensure compliance and protect client interests. The key regulatory bodies include:

  • Financial Service Providers Register (FSPR), New Zealand
  • National Futures Association (NFA), USA

  Regulatory Numbers: The specific regulatory numbers are not explicitly mentioned in the available sources, indicating that further inquiry may be necessary for precise identification.

  License Validity and Scope: The licenses held by Biz Broker 24 are valid as long as the firm adheres to the regulatory requirements set forth by the respective authorities. The scope of its operations includes online business brokerage services.

  Legal Entities in Different Regions: Biz Broker 24 operates under various legal entities depending on the region, which allows it to comply with local regulations while maintaining a global reach.

  Client Fund Segregation Policy: The firm emphasizes the segregation of client funds, ensuring that all client deposits are kept in separate accounts from the companys operational funds, thereby enhancing security.

  Investor Compensation Fund Participation: It is unclear whether Biz Broker 24 participates in any investor compensation schemes; this information is not provided in the available sources.

  KYC and AML Compliance Measures: Biz Broker 24 implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to prevent fraud and ensure the legitimacy of its clients. This includes verifying the identity of clients and monitoring transactions for suspicious activity.

  

3. Trading Products and Services

  Forex Currency Pairs: Biz Broker 24 offers a wide range of forex currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, among others. The exact number of pairs available is not specified but is comprehensive enough to cater to various trading strategies.

  CFD Product Categories: The broker provides Contracts for Difference (CFD) across multiple asset classes, including:

  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

  Special Products or Unique Trading Instruments: While specific unique products were not highlighted, the firm is known for its tailored services that may include specialized offerings based on market trends.

  Product Update Frequency and New Additions: The frequency of product updates is not detailed, but the firm is expected to keep its offerings aligned with market demands and trends.

  Retail Trading Services: Biz Broker 24 focuses primarily on retail trading services, providing individual investors access to the online business sales market.

  Institutional Client Services: The firm does not explicitly mention services tailored for institutional clients, indicating a primary focus on retail clients.

  White Label Solutions: There is no information available regarding whether Biz Broker 24 offers white-label solutions or similar services.

  Asset Management Services: Details regarding asset management services are not provided, suggesting that the firm may primarily focus on brokerage services rather than asset management.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support: Biz Broker 24 supports the use of MetaTrader 4 (MT4) for trading, providing clients with a familiar platform for executing trades.

  Proprietary Platform Details: There is no mention of a proprietary trading platform, indicating that the firm may rely on established platforms like MT4 for its trading operations.

  Web-Based Trading Platform: The availability of a web-based trading platform has not been specified, but clients can expect standard functionalities associated with industry-leading platforms.

  Mobile Applications: The broker supports mobile trading applications for both iOS and Android, allowing clients to trade on the go.

  Execution Models: Biz Broker 24 utilizes an ECN (Electronic Communication Network) execution model, which is designed to provide clients with direct access to the market and tighter spreads.

  Server Locations and Technical Infrastructure: Specific details regarding server locations and technical infrastructure are not disclosed, but it is implied that the broker employs robust technology to support its trading operations.

  API Access and Automated Trading Support: Information on API access and automated trading capabilities is not provided, indicating that further inquiry might be necessary for clients seeking these features.

  

5. Account Types and Trading Conditions

  Standard Account Conditions: The standard account typically requires a minimum deposit, offers competitive spreads, and may charge commissions based on the trading volume. Specific figures are not detailed in the available sources.

  Advanced Account Types: The firm may offer advanced account types such as VIP or professional accounts, but details on these accounts are not provided.

  Special Accounts: Information regarding special accounts, such as Islamic accounts or corporate accounts, is not mentioned, suggesting that these options may not be available.

  Demo Account Policy: Biz Broker 24 does provide demo accounts for clients to practice trading without financial risk, although specific policies regarding demo accounts are not elaborated.

  Leverage Ratios: The leverage ratios available to clients vary by product, but specific details regarding the ranges are not provided.

  Minimum Trade Sizes: The minimum trade sizes applicable to different accounts are not specified, indicating that clients may need to inquire directly for this information.

  Overnight Fees Policy: Details on overnight fees (swap rates) are not provided, suggesting that clients should check the broker's terms for specifics.

  

6. Fund Management

  Supported Deposit Methods: Biz Broker 24 supports various deposit methods, including bank transfers, credit cards, and electronic wallets, although specific payment providers are not listed.

  Minimum Deposit Requirements: The minimum deposit requirements vary by account type but are not explicitly detailed in the available sources.

  Deposit Processing Times: The processing times for deposits are not specified but are typically immediate for electronic methods.

  Deposit Fees: Information regarding deposit fees is not provided, indicating that clients should verify with the broker directly.

  Withdrawal Methods and Restrictions: The firm allows withdrawals through similar methods as deposits, but specific restrictions are not mentioned.

  Withdrawal Processing Times: Withdrawal processing times are not detailed, suggesting that clients may need to inquire for specifics.

  Withdrawal Fee Structure: The fee structure for withdrawals is not provided, indicating that clients should consult with the broker for clarity.

  

7. Customer Support and Educational Resources

  Support Channels: Biz Broker 24 offers multiple support channels, including phone, email, online chat, and social media, ensuring clients can reach out easily.

  Service Hours and Time Zone Coverage: The specific service hours and time zone coverage are not detailed in the available information.

  Multilingual Support: The firm provides support in multiple languages, although the exact languages offered are not specified.

  Types of Educational Resources: Biz Broker 24 offers a variety of educational resources, including webinars, tutorials, and eBooks, aimed at enhancing clients' trading knowledge.

  Market Analysis Services: The broker provides daily analysis, news updates, and research reports to keep clients informed about market trends.

  Trading Tools: Clients have access to various trading tools, such as calculators, calendars, and signal services, although specific tools are not listed.

  

8. Regional Coverage and Restrictions

  Primary Service Markets: Biz Broker 24 primarily serves clients in the United States and several other countries, indicating a broad international reach.

  Regional Office Distribution: The firm has a presence in multiple countries, including China, India, Russia, the UAE, the UK, the Philippines, Germany, and South Korea.

  Countries/Regions Not Accepting Clients: Specific countries or regions where clients are not accepted are not mentioned, suggesting that the firm may have a wide acceptance policy.

  Special Restrictions: There are no special restrictions noted in the available information, indicating that Biz Broker 24 aims to cater to a diverse clientele.

  In conclusion, Biz Broker 24 stands out as a reputable brokerage firm specializing in online business sales, with a strong global presence and a commitment to regulatory compliance and customer service. With a diverse range of services and a high success rate, it continues to be a prominent player in the industry.

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Latest Reviews

FX3759683923

FX3759683923

Hong Kong

BIZ was introduced me by Yaoteng, and then I deposited in the platform to invest forex. However, I can’t withdraw money in November.

Exposure

2019-01-05

杨恒峰

杨恒峰

Hong Kong

My BIZaccount was under custody by Yaoteng. But now the contract expired, it refuses to let me withdraw the money, saying that the third-party channel is frozen. In fact, it is because Yaoteng has no ability to pay for the money with a broken capital chain. It has claimed itself to be a regular platform. However, it could modify its client’s position in the background. When I wake up, I found positions suddenly showed in my account. Please stay away from this platform. Since I have been deceived, I don’t hope more people get cheated. The large profit orders that were under custody of Yaoteng BIZ account are only seen afterwards. Their large profit orders are opened at 4-5 pm Beijing time, but we have seen this many times every day and have not seen the position of a large profit. That is to say, this profitable position is not true, false. The Yaoteng BIZ account custody platform is their own, the background data can be modified. If this is the case, the money we deposited in the platform did not be used to make substantive transactions at all. That means that the so-called profit we watched from the background data on the scam platform doesn’t exist. A profit-free fund is a live Ponzi scheme.

Exposure

2018-12-25

FX3739345910

FX3739345910

Hong Kong

The money withdrawn before has not arrived. At first, they asked me to wait five days and another five days. Now they said that the money in the third party platform were frozen and no deposit is allowed to withdraw. Even if the application is made, it will will not be reviewed. They ask me to wait 3-6 months.

Exposure

2018-11-21

BIZ Forex Broker has an overall rating of 1.60, Regulatory Index 0.00, License Index 0.00, Business Index 7.66, Software Index 4.00 Risk Control Index 0.00.