BUZZ FRONTIER foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://mypage.buzzfrontier2020.com/reg, about the company's legal and temporary regulatory information, the company's address 2-24-12 Shibuya Scramble Square 39F Shibuya, Shibuya-ku, Tokyo, Japan.
Buzz Frontier, established between 2 to 5 years ago, is a forex broker registered in Japan. The company operates as a private entity and is primarily focused on providing trading services to retail clients in the forex market. Despite its relatively recent inception, Buzz Frontier has quickly gained attention in the trading community, although it has been met with scrutiny due to its lack of regulatory oversight.
The primary markets served by Buzz Frontier include forex trading, with a specific focus on currency pairs and CFDs (Contracts for Difference). The broker aims to cater to both novice and experienced traders, providing a platform that supports various trading strategies. However, it is essential to note that the broker operates without valid regulatory licenses, which raises concerns regarding its legitimacy and operational practices.
Buzz Frontier has not disclosed any significant milestones or developments in its corporate history, and there is no information available about any parent company or group affiliations. The business model of Buzz Frontier is centered around retail forex trading, but it has faced allegations of suspicious business practices and high potential risks, leading to warnings from various financial watchdogs.
Buzz Frontier operates without any regulatory oversight, which is a significant concern for potential clients. There are no valid regulatory licenses associated with the broker, and it lacks registration with any reputable financial authorities. The absence of regulatory compliance raises red flags, as it indicates a higher risk of fraudulent activities.
The broker has not provided any regulatory numbers or details regarding the scope of its operations. As such, clients have no assurance of the safety of their funds or adherence to industry standards. Furthermore, Buzz Frontier does not participate in any investor compensation schemes, which would typically provide a safety net for clients in case of broker insolvency.
In terms of compliance measures, there is no clear information available regarding Buzz Frontier's KYC (Know Your Customer) and AML (Anti-Money Laundering) policies. This lack of transparency further exacerbates the concerns surrounding the broker's operational integrity and customer protection measures.
Buzz Frontier offers a range of trading products primarily focused on the forex market. The broker provides access to a variety of currency pairs, although the exact number of pairs available is not specified. Additionally, Buzz Frontier offers CFD trading across several asset classes, including indices, commodities, stocks, and cryptocurrencies, although specific details about these products are limited.
The broker claims to frequently update its product offerings, but there is no detailed information available regarding the frequency of these updates or any unique trading instruments that may be available. Buzz Frontier primarily caters to retail traders, providing a platform for individual clients to engage in forex trading.
While institutional services are not explicitly mentioned, the broker's infrastructure may allow for some level of institutional trading. However, without regulatory oversight, the credibility of these services remains questionable. Additionally, there are no details provided about white-label solutions or asset management services.
Buzz Frontier supports the popular trading platforms MetaTrader 4 and MetaTrader 5, which are widely recognized for their user-friendly interfaces and comprehensive trading tools. The broker has not disclosed any details about proprietary trading platforms, indicating that it primarily relies on these established systems for its trading operations.
The broker offers a web-based trading platform, allowing clients to access their accounts through standard web browsers. However, there is no mention of mobile applications for iOS or Android devices, which may limit accessibility for traders who prefer to trade on the go.
In terms of execution models, Buzz Frontier's operational details are vague, but clients should be aware that trading with an unregulated broker poses inherent risks. The broker's server locations and technological infrastructure have not been disclosed, raising concerns about the reliability and speed of trade execution.
Moreover, there is no information available regarding API access or automated trading support, which could limit the options for traders looking to implement algorithmic trading strategies.
Buzz Frontier offers various account types, although specific details regarding the conditions of these accounts are not fully disclosed. The minimum deposit requirement for standard accounts is unclear, and there is no information available about spreads or commissions that clients may incur while trading.
For advanced trading accounts, such as VIP or professional accounts, no specific details have been provided. Additionally, the availability of specialized accounts, such as Islamic accounts or corporate accounts, is not mentioned.
The broker does not clearly state its policy on demo accounts, which could be a crucial factor for new traders looking to practice without financial risk. Furthermore, the leverage ratios offered by Buzz Frontier are not specified, and the minimum trade sizes remain undisclosed.
Overnight fees and policies regarding swaps have not been provided, making it difficult for traders to understand the costs associated with holding positions overnight.
Buzz Frontier supports various deposit methods, including bank transfers, credit cards, and e-wallets, although specific details about these methods are not provided. The minimum deposit requirements may vary by account type, but this information is not explicitly stated.
Deposit processing times are unclear, and there is no information available regarding any fees associated with deposits. Clients should be cautious, as the lack of transparency in this area may indicate potential hidden costs.
Withdrawal methods and restrictions are not detailed, and the processing times for withdrawals remain unspecified. Additionally, the fee structure for withdrawals is not provided, which could lead to unexpected charges for clients attempting to access their funds.
Buzz Frontier offers customer support through various channels, including phone, email, online chat, and social media. However, specific details about the availability of these support channels are limited, and the service hours, including time zone coverage, are not disclosed.
The broker does not provide a comprehensive list of supported languages for customer support, which may pose challenges for non-English speaking clients. Educational resources offered by Buzz Frontier are also sparse, with no specific information about webinars, tutorials, or e-books available for traders seeking to enhance their knowledge.
Market analysis services, such as daily analysis, news updates, or research reports, are not mentioned, which could limit the information available to traders for making informed decisions. Additionally, trading tools like calculators, calendars, or signal services are not provided, potentially hindering the trading experience for clients.
Buzz Frontier primarily serves clients in Japan and may have a global outreach, although specific details about its regional offices are not provided. The broker does not explicitly state which countries it accepts clients from, but it is essential for potential traders to verify their eligibility based on local regulations.
There are no specific details regarding countries or regions from which Buzz Frontier does not accept clients. However, given its unregulated status, traders should approach with caution and conduct thorough due diligence before engaging with the broker.
In summary, Buzz Frontier presents itself as a forex broker with various trading products and services, but the lack of regulatory oversight and transparency raises significant concerns. Potential clients are advised to exercise caution and seek alternative, regulated brokers for a safer trading experience.
FX4494482752
Japan
First of all, the person who is said to be the CEO here induces mirror trading on SNS such as Instagram, creates an account, and responds only by cash handing or depositing with crypto assets. And if you deposit it, you will leave the unrealized loss until the last forced loss and eat the forced loss cut. Also, even if you trade yourself with your own account, you will not be able to withdraw in the end. Recently, an acquaintance of mine applied for withdrawal, but I didn't respond with excuses and I couldn't even read my inquiry. Never use this company.
Exposure
2022-05-30
TAKANOBU
Japan
It is easy to make a profit with a spread of 1/3 of a major securities company.
Positive
2022-11-10