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BS Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

BS Broker Review

1.58

WikiFX monitor

Business

Influence E

License

No license

BS Review 1

Latest All(1) Exposure(1)
Exposure
Unable to withdraw in BS

The withdrawal is unavailable for one month. The customer service keeps holding off.

快节奏的慢生活
2020-03-25

  

BS 2025 Review: Everything You Need to Know

  The BS trading platform has garnered a mix of opinions in 2025, with many users expressing concerns regarding its regulatory status and customer support. While the platform offers attractive trading conditions such as low minimum deposits and high leverage, the lack of a solid regulatory framework raises significant red flags for potential investors. Notably, BS trading operates under a Vanuatu registration, which does not provide the same level of investor protection as more reputable jurisdictions.

  Note: It is crucial to recognize that different entities operate under the name "BS," which can lead to confusion. For fairness and accuracy, this review focuses on the specific entity registered in Vanuatu.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 5
Customer Service and Support 3
Trading Setup 7
Trustworthiness 2
User Experience 4

  We score brokers based on user feedback, expert opinions, and available data.

  

Broker Overview

  Founded in 2014, BS trading is an offshore broker registered in Vanuatu. It offers a single standard account type with a minimum deposit requirement of just $1, making it accessible for beginner traders. The platform utilizes the widely recognized MetaTrader 4 (MT4) for trading, allowing access to various trading instruments, including over 50 forex pairs, spot metals, indices, and cryptocurrencies. However, the absence of a reputable regulatory authority overseeing its operations is a significant concern.

  

Detailed Analysis

  

Regulatory Geographical Areas

  BS trading is registered in Vanuatu, a jurisdiction known for its lax regulatory environment. This raises concerns about the safety of client funds and the overall integrity of the trading platform. Many experts advise against trading with unregulated brokers, emphasizing the risks associated with such entities.

  

Deposit/Withdrawal Currencies/Cryptocurrencies

  BS trading allows deposits and withdrawals through various methods, including Visa, Mastercard, Neteller, Skrill, and bank wire transfers. However, there is no mention of popular e-wallets like PayPal, which may limit options for some users.

  

Minimum Deposit

  The minimum deposit requirement is remarkably low at just $1, which can be appealing to new traders looking to test the waters without significant financial exposure. However, this low barrier to entry is often associated with higher risks, particularly in unregulated environments.

  

Bonuses/Promotions

  Currently, BS trading does not offer any bonuses or promotional incentives. This absence of promotions can be a drawback for traders seeking additional value, especially when many competitors provide enticing bonuses to attract new clients.

  

Tradable Asset Classes

  BS trading provides access to a diverse range of assets, including forex pairs, CFDs on metals, indices, and cryptocurrencies. This variety can be attractive for traders looking to diversify their portfolios.

  

Costs (Spreads, Fees, Commissions)

  The platform advertises spreads starting from 0.3 pips, which is competitive. However, the lack of clarity regarding potential commissions and fees is concerning. Users have reported that spreads can widen significantly during volatile market conditions, which could erode profitability.

  

Leverage

  BS trading offers high leverage of up to 1:1000, which can amplify potential gains but also increases the risk of significant losses. This level of leverage is commonly seen in offshore brokers, and traders should approach it with caution.

  

Allowed Trading Platforms

  The primary trading platform offered is MetaTrader 4 (MT4), which is a popular choice among traders for its robust features and user-friendly interface. However, the absence of newer platforms like MetaTrader 5 (MT5) may limit options for some traders.

  

Restricted Regions

  Due to its unregulated status, BS trading does not accept clients from several countries, including the United States and Canada. This limitation can restrict access for many potential traders.

  

Available Customer Service Languages

  Customer support for BS trading is limited, with no direct contact options such as live chat or a dedicated phone line. Users have reported difficulty in reaching customer service, leading to frustration and dissatisfaction.

  

Repeat Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 5
Customer Service and Support 3
Trading Setup 7
Trustworthiness 2
User Experience 4

  

Detailed Breakdown

  • Account Conditions: The account conditions are relatively favorable, with a low minimum deposit, but the lack of multiple account types may limit options for advanced traders.
  • Tools and Resources: While MT4 is a solid platform, the absence of additional educational resources or tools is a downside for beginners.
  • Customer Service and Support: The customer service experience is poor, with limited contact options and slow response times, which can be a significant drawback for traders needing assistance.
  • Trading Setup: The trading setup is user-friendly, but the lack of advanced trading tools may deter more experienced traders.
  • Trustworthiness: The broker's lack of regulation and transparency raises serious concerns about the safety of client funds.
  • User Experience: Overall user experience is mixed, with some traders appreciating the low entry point but expressing dissatisfaction with support and trust issues.

  In conclusion, while BS trading offers some attractive trading conditions, the significant regulatory concerns and poor customer support make it a risky choice for potential investors. Users should exercise extreme caution and consider more reputable alternatives.