• Company name: BR Consulting Group Ltd.
  • Registration/license: St. Vincent and the Grenadines
  • Registration/license requirement: $2,000

About BRFX Trade
🗺️ Registered inSt. Vincent and the Grenadines
🗺️ Type of LicenseOffshore License
🛡️ Is BRFX Trade safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

Is BRFX Trade a regulated forex broker or a scam?

no, BRFX Trade broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

BRFX Trade is owned by the BR Consulting Group Ltd. It is an offshore Forex broker registered in the St. Vincent and the Grenadines with a Financial Services Authority. It is risky to deal with the offshore registration brokers as in average it takes $2000 to get the license. St Vincent Forex company formations usually take around one week. Also the advantage is there’s no Forex regulation in St Vincent. Comparing the license from UK’s Financial Conduct Authority, that costs USD 50,000 and also needs USD 100,000 of capital for the STP license aside from client deposits.

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One response to “BRFX Trade”

  1. Brfxtrade is scammers not to be trusted, I lost my money with amount of USD 80,000.00.

    Please be careful do not go as you will lose.

    Thanks,

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