BSV foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://bsvglobal.cc/, about the company's legal and temporary regulatory information, the company's address Unit G25 Waterfront Studios, 1 Dock Road, London, United Kingdom, E16 1AH.
Bsv Global Investing Limited, founded in 2018, operates as a forex broker headquartered in London, United Kingdom. The company is privately owned and primarily serves a diverse clientele, including individual traders, hedge funds, and financial customers. Over the past five years, Bsv has positioned itself within the online trading market, offering a range of investment services and opportunities.
Bsv Global Investing Limited aims to cater to traders of varying experience levels by providing multiple account types, including Standard, ECN, and VIP accounts. Each account type has its minimum deposit requirements, making it accessible for both novice and experienced traders. The company's business model focuses on retail forex trading, providing access to various financial instruments, including forex, commodities, and indices.
The broker's development has been marked by its commitment to offering educational resources, such as articles and webinars, to enhance traders' knowledge and skills. However, it is important to note that Bsv operates without valid regulatory oversight, raising concerns about its legitimacy and the safety of client funds.
Bsv does not currently hold valid regulation from recognized authorities, which is a significant concern for potential clients. The broker claims to be regulated by the United States National Futures Association (NFA), but this license is suspected to be a clone and may not be valid. As a result, Bsv has a regulatory index of 0.00, indicating a lack of oversight.
The absence of a valid regulatory framework means that Bsv does not have a transparent client funds segregation policy, nor does it participate in any investor compensation schemes. Furthermore, the broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is questionable, as there is no verified information regarding their implementation.
Traders considering Bsv should be aware of the high potential risks associated with dealing with an unregulated broker, especially in terms of fund security and compliance with legal standards.
Bsv offers a diverse range of trading products, catering to various market interests. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs, allowing traders to speculate on global currency movements. In addition to forex, Bsv offers Contracts for Difference (CFDs) on various asset classes, including:
While Bsv claims to provide a wide array of trading opportunities, the lack of transparency regarding product updates and new offerings raises concerns for traders seeking clarity on available instruments. The broker does not appear to offer any unique or proprietary trading products, focusing instead on standard market offerings.
Bsv primarily utilizes the MetaTrader 5 (MT5) trading platform, a popular choice among traders for its advanced charting capabilities and user-friendly interface. MT5 is known for its robust technical indicators and automated trading options, making it suitable for traders of all experience levels.
The broker does not mention any proprietary trading platform or web-based trading options, which may limit flexibility for some users. Additionally, there is no indication that Bsv offers mobile trading applications for iOS or Android devices, which could be a disadvantage for traders seeking on-the-go access.
Bsv operates its servers from the United States, but specific details regarding the technical infrastructure and execution model (ECN, STP, or Market Making) are not provided. The absence of information on API access and automated trading support further highlights the need for potential traders to seek clarity directly from the broker.
Bsv offers three main account types, each designed to cater to different trading needs:
The broker provides leverage of up to 1:400, varying by the trading instrument. However, the lack of clarity regarding minimum trade sizes and overnight fees poses additional challenges for traders seeking comprehensive information about trading conditions.
Bsv supports a variety of deposit methods, including:
The minimum deposit requirements differ by account type, with the Standard Account starting at £100. However, specific information regarding deposit processing times and fees is not disclosed, which could create uncertainty for potential clients.
Withdrawal methods and limitations are also not clearly defined, with no information provided about withdrawal processing times or associated fees. This lack of transparency in fund management practices raises concerns about the broker's operational integrity.
Bsv offers customer support through various channels, including:
The broker provides support in English, but there is no indication of multilingual support for clients from diverse backgrounds. Bsv also offers educational resources, including:
Despite these resources, the absence of in-depth market analysis services, such as daily reports or research papers, may limit traders' ability to make informed decisions.
Bsv primarily targets clients in the United Kingdom and potentially other regions, though specific details about regional offices are not provided. However, the broker does not accept clients from certain countries, which may include jurisdictions with strict regulatory requirements.
Potential clients should be aware of any restrictions that may apply based on their location, as the broker's operations are limited by the regulatory landscape in various regions. Detailed information on specific countries where Bsv does not operate is not publicly available.
In conclusion, while Bsv offers a range of trading products and educational resources, potential traders should exercise caution due to the broker's lack of valid regulation and transparency regarding trading conditions and fund management practices. Conducting thorough research and considering all available information is essential before engaging with this broker.
DilaraSheishenova
Hong Kong
The customer service says that I have to pay taxes before they release the funds and will not provide any details on how to proceed. Very very slow customer service and sometimes not there, which can be disturbing.
Exposure
2021-12-12