FX-BFI – what we know and have as facts about it; This is a trading name of FXBFI Broker Financial Invest Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 315/16. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Terms and Conditions document that clients do not trade with the company as a counterparty. The company will be dealing with clients on an execution-only basis and it is not their principal to each trade. This means that FX-BFI acts as an STP broker and is not a market maker and it does not trade against its customers’ positions and only earns money from the spread provided. Therefore, there is no conflict of interest between the parties.
So far, we have not received any complaints from customers of FX-BFI. If you have any criticism to share with us or feel annoyed by FX-BFI, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and FX-BFI if you wish.