Regarding the legitimacy of BYFX Global forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.
Rating Index
WikiFX Detection
Business
Influence E 
License
CIMA Suspicious Clone 
Is BYFX Global safe?
The regulatory license is the strongest proof.
CIMA Common Financial Service License
Cayman Islands Monetary Authority
Cayman Islands Monetary Authority
Regulatory Agencies Introduction
Current Status:
Suspicious CloneLicense Type:
Common Financial Service License
Licensed Institution:
BYFX Global Co., Limited
Effective Date:
2018-07-17Email Address of Licensed Institution:
--Sharing Status:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
--Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
Is BYFX Global a scam, or is it legit?
The latest exposure and evaluation content of BYFX Global brokers.
When it came to the cocking market, the platform closed the market, leading to forced liquidation. Can I continue to trade on the platform with slippage?
When it came to the cocking market, the platform closed the market, leading to forced liquidation. I deposited 119826 and suffered a loss of 88534. Can I continue to trade on the platform with slippage?
Unable to log in to the backstage of BYFX Global .
I couldn’t log in to the backstage. BYFX Global doesn’t reply to my email.
The profits became losses because of severe slippage.
The slippage of 3~5 pips is normal in gold trading.It is more exaggerated in forex industry with a dozen of pips.I made a loss of several hundred thousand of yuan.
Legitimacy of similar brokers
BYFX Global's latest industry rating score is 1.57, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. BYFX Global
If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.