BFPMarkets.com Review

Not yet rated
1 • 2 REVIEWS
Out of business
Updated: Apr 13, 2022
BFPMarkets is a forex broker. BFP Markets offers the MetaTrader 4 and Mobile,forex trading top platform. BFPMarkets.com offers over 30 forex currency pairs, stocks, indices, commodities and cfds for your personal investment and trading options.
Website is down. Company seems to be out of business.
BFPMarkets.com
Out of business
1 • 2 REVIEWS

Recent User Reviews of BFPMarkets.com

N
Nicholas
H'Attard, Malta,
Apr 26, 2018,
Guest

From €300 to €100M in 2 hrs

I just found out that this is a scam website. They have an "account manager" that will trade on your behalf and will always profit you, even with small deposited amounts. Then, once they have your confidence, they start asking for large sums of money otherwise they tell you that they will not retain you as a client, as you will not be worth their while. The strange thing is that the large sums of money they request them to be wired directly into the Manager's banking account, which is rather fishy.

I uncovered their game a few days ago. Whilst I was trading on their platform with stocks, I opened a trade and immediately came as positive, which seemed funny, cause you always start with a negative due to the spread. I though that I had managed to buy some stocks just before they rose. I waited for the profits to rise enough and with that profit I bought another stock, which started to make profit immediately. Again I saw this as funny but did not pay much attention. I opened the third and the same thing happened, but now I was suspecting that there definitely was something funny. Cutting a long story short, starting opening and closing trades and in 2 hrs maximum, I started with 300 euro, and ended up with 99,999,999.99 so practically 100 million.

I have all the trades saved on screen shot, all 200 of them, showing how I started with 300 euro and went up to 100M.

In the meantime they blocked my account stating that I hacked their website. Other reviews over the internet also show that this is a shady website, and the way they speak to you, you start doubting who is who's customer.
P
parken
Fyn, Denmark,
Mar 23, 2018,
Registered user

Bad experience with BFPMarkets.com

Withdrawal 30 days.
They just hang up the phone if you ask about processing time.

Way to high spreads.

Stay away from this company.