BFB Capital
Total reviews 1
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1.0
Unconfirmed company
bfb.by
Go to the website
A young Belarusian broker with a wide range of assets and favorable and comfortable conditions for trading activities.
Forex broker
Official website
Social network
Date of foundation
1970
Head Office
Republic of Belarus, Minsk, 25A Internatsionalnaya St., office. 309
Company owner
BFB Capital LLC
Types of support
[email protected]ChatFeedback form on the site+375-293-118-183+375-293-118-183Roman BFB Capital
Phone Support
Languages
Russian, English
Terminals
MetaTrader 4, xStation 5
Min. first deposit
From 1 USD
Brokerage commission
Not on all account types
Lot size
Until 100 Depending on the type of account
Leverage
Until 1:500
Spreads
From 0 points
Free demo account
No
Adjustable
Yes
Regulators
NB RB№ 193023796
Types of accounts
Margin call / Stop out
30%
Transaction volume
0,01
Peculiarities of trade
Trading on different financial markets using innovative tools
Order execution
Market Execution (at market price)
Methods of replenishment
Wire transfer, Calculation system, Cryptocurrencies, Bank card (Visa/MC), Alfa Bank
Withdrawal methods
International payment, Cryptocurrencies, Bank card (Visa/MC), Alfa Bank, Wire transfer
Number of assets
1600
Types of assets
Securities
Currency pairs
Precious metals
Stock indices
Futures
ETFs funds
Account Currencies
USD
Mobile apps
No mobile apps available
Weekend trading
No
Tournaments/competitions
No
Trader training
BFB Capital Academy, training videos
Contract Difference Commission
Yes
Swaps
Yes
PAMM trading
No
Analytics
Daily economic calendars, as well as the latest news in the field of trading
Margin trading
On all types of accounts
Affiliate Program
RegistrationSeveral affiliate programs for earning extra money
Advantages
A large number of trading assets
Security
Availability of the necessary license
No requotes
Popular trading platforms
Simple and intuitive interface
Loyal commissions
Regular analyses
Company requisites
Automated Trading
Allowed to use robots and advisors in trading
Signals for trading
Subscription to MetaTrader 4 Signal Providers, Free Trading Signals from xStation 5
Date of update
February 21, 2023
Overall assessment
8.8/10
    Address
    Republic of Belarus, Minsk, 25A Internatsionalnaya St., office. 309

    BFB Capital is this a scam? Review and Reviews

    Published: 22 June 2020 Updated: 21 February 2023


    BFB Capital – young Belarusian Forex brokerwhich appeared on the financial market in 2018. In just a couple of years, the company managed to become quite popular among users. Despite the fact that the site has been operating for two years, the broker provides traders with comfortable and favorable conditions for cooperation.

    In this review we will take a closer look at all aspects of cooperation with the broker and find out whether BFB Capital is a scam or a reliable platform for trading different assets.

     

    Terms of trading with BFB Capital

    BFB Capital is a broker that appeared on the Belarusian market just two years ago. At the moment, the company is actively developing and attracts more and more traders. Official website of the site bfb.by. translated into Russian and English. The main office of the project is located in Minsk, from where the organization is regulated.

    The company provides its clients with favorable and comfortable conditions for trading activities. A wide range of assets is presented on the website, namely: securities, currency pairs, precious metals, stock indices, futures contracts, and ETFs funds. There are several types of accounts for traders:

    • Standart – account, which has no minimum deposit. Includes all the standard functionality. The minimum point spread is 0.9. Minimum order is 0.01 per lot. You can use xStation5 and MetaTrader 4 to trade.
    • Pro – To open an account, the client must make a deposit of $1,000 or more. Includes all standard functionality. There are commissions for foreign currencies, indices and futures contracts in the amount of $4 per lot.
    • Absolute – includes all the functionality available on the site. The minimum deposit amount is $10,000. The minimum spread is 0.1 point. The minimum order is 0.5 per lot. Unlike other account types, only xStation5 platform is available for trading.

    Various analytical materials are provided for users. The broker constantly publishes news in the field of trading, as well as updates the economic calendar.

    Among the main advantages of the site can be distinguished:

    • a large number of trading assets;
    • security;
    • the availability of the necessary license;
    • no requotes;
    • popular platforms for trading;
    • simple and straightforward interface;
    • Loyal Commissions;
    • regular analytical materials.

     

    Platform bfb.by

    Brokers try to provide their traders with the most comfortable conditions for trading activities. For users bfb.by. Trade on two platforms is envisaged:

    • MetaTrader 4 – is the most popular trading platform for trading in the forex market. The platform allows you to analyze financial markets, as well as to use trading advisors. The service provides a variety of tools and signals. The software is available on smartphones and computers, as well as the web version of the terminal.
    • xStation 5 – is a modern platform for trading. The platform combines high quality and reliability. Various analytics tools are provided for clients, as well as a screener that allows you to filter shares of companies. For experienced traders, there is also an investment calculator, transaction statistics, quick position closing, and other useful functionality. A web version, apps, and smartwatch software are available.

    BFB Capital Broker Quotes

    On the company’s official website bfb.by. there is no data on where the broker gets its quotes. However, there is information on the Internet that the liquidity provider may be X-Trade Brokers.

     

    Demo account

    At the moment broker does not provide an opportunity for traders to open a demo account. In the future, opening a demo account will allow beginners to learn the basic functionality of the platform, and experienced traders to try out their own strategies without the risk of losing the invested funds.

     

    BFB Capital mobile app

    The broker does not have its own mobile application, but a mobile version of the site was developed for convenient use of the platform. Thus, clients can visit the site and use its functionality at any time using a smartphone or tablet.

     

    Bonuses at BFB Capital

    From time to time on the website bfb.by. information about promotions and bonuses appears, but no special offers are provided at the moment.

    Affiliate Program

    An affiliate program has been developed for active users who want to earn extra income. As part of the program, clients can attract new traders to open an account on the company’s website and receive remuneration for this. A total of up to 75% of the company’s earnings can be received. Two types of programs are provided:

    • Affiliate – is suitable for owners of their own sites or blogs. Earnings directly depend on the trading activity of attracted clients. The company allows you to earn up to 55% from the commission. Also, individual conditions are provided for partners with more than 10 active clients. Every month partners are assigned a status, which affects the share of payments – silver, gold or platinum.
    • Representative – broker offers individual conditions for entrepreneurs and legal entities. Thus, a person can get a franchise and open a business in his own region. Specialists of the platform provide support at all stages of opening and running a business. Partner payments of up to 75% of the amount of commissions are provided for partners.

     

    Deposit and withdrawal

    To top up the balance, the user can use the following options:

    • in cash in CJSC “Alfa Bank”;
    • Mastercard;
    • payment cards of Belarusian banks;
    • bank transfer;
    • the “Settlement” system – ERIP;
    • cryptocurrency.

    The minimum deposit amount depends directly on the chosen method of depositing. The broker does not charge any commissions. Funds are deposited within several minutes to 5 business days.

    Withdrawal of earnings

    Withdrawal of earnings takes from 1 to 5 working days. There are also commissions for some methods. You can withdraw funds from the internal account in the following ways:

    • bank payment ZAO “Alfa-bank”;
    • international payment;
    • bank payment for RB;
    • cryptocurrency.

     

    Complaints against BFB Capital

    Although the company has only been on the financial market for two years, you can already find quite a lot of feedback from clients on the Internet. There are both positive and negative comments about the project. Among the advantages, users note a wide range of trading assets, the availability of a license, low commissions, prompt feedback from technical support. The disadvantages are the lack of training materials for users, the lack of requotes, and the lack of market orders execution.

    If there are any reviews about BFB Capital broker, we will definitely publish the information in social networks. Sign up so you don’t miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Regulator of the broker BFB Capital

    Before starting cooperation with a broker, it is necessary to make sure that it is safe. It is known that the company has the necessary license number 193023796. You can find all the necessary documentation on the website of the project. Contact information and address of the organization’s headquarters are not hidden.

    Check the license of BFB Capital in the NBRB register of forex companies

    User Agreement bfb.by

    The “Agreement on Transactions with OTC Non-Deliverable Financial Instruments” is the main document, which the trader should read before registering on the website. It contains cooperation rules, as well as rights and obligations of clients and site administrators. Let us consider some points in details. The document states the information that the broker charges a fee for his services, which corresponds to the rules and terms of this agreement. The company does not charge clients interest for margin collateral.

    The user understands and accepts the fact that it is the user who incurs all costs when depositing margin and when withdrawing funds. These costs include commissions of banks, payment and processing systems. You can find out the amount of commission in your account. The company, in turn, can, but is not obliged to compensate to clients the costs in full or in part, including on individual conditions between the service and the trader.

    It is possible that due to a technical failure or any other circumstances beyond the control of the broker, the trading terminal of the user will display an erroneous financial result. In this case, the correct result is that result which will be calculated on the basis of the current agreement and rules of implementation of operations. The company declines responsibility for delays in depositing and refunding funds, including those caused by banks, payment and processing systems, which are engaged in servicing the broker and the trader.

    The user understands that for some financial instruments the leverage can be set differently from the general leverage. The change is set downward. The Company reserves the right to unilaterally change the amount of margin leverage and does not undertake to notify Clients in advance. Also margin leverage can be changed to already open positions.

    In case the amount of funds on the personal account is equal or lower than the stop-out level, the broker has the right to close all or part of the trader’s open positions without prior notification of users. Closing is carried out in the order of priority at the first available market price. The first in the queue for forced closing of a position is placed the one that has the largest losses.

    If due to the forced closing of positions, the amount in the user’s account has taken a negative value, the company can transfer to the accounts compensation in the amount required to bring the balance to zero. Also the negative balance can be compensated at the expense of funds in other accounts of the trader.

    The user understands and accepts that the company disclaims responsibility for the following:

    • discrepancy in the process of determining the financial result of the trader, as well as the information that is reflected in the user account and on the server platform. In this case the broker can correct the data;
    • for traders’ losses, if these losses were caused by hacker attacks, failures in computer networks or other important systems that are used to ensure the performance of the service, which occurred through no fault of the company;
    • technical failures or interruptions in the operation of the site, as well as for those losses that the user may incur as a result of failures;
    • losses that the user may incur as a result of theft, loss or disclosure of data for access to the account to third parties. The client assumes full responsibility for keeping the password and its security from unauthorized access by others.

    The user acknowledges that the quotations used by the broker for transactions and broadcasted on the platform services are correct for traders. The client, in turn, will not be able to submit any claims regarding the discrepancy of quotes with other sources.

     

    Is BFB Capital a scam?

    BFB Capital – is a Belarusian broker, which began its activities two years ago. The company is actively developing and is currently gaining popularity among traders from the CIS countries. The main office of the organization is located in Minsk, where the service’s activity is regulated.

    For its clients, the broker tries to provide not only comfortable, but also favorable conditions for cooperation. There are more than 1600 trading instruments, including securities, metals, currency pairs, stock indices, futures and ETFs. Trading is done on two modern trading platforms – MetaTrader 4 and xStation 5. Also, analytical materials are provided for the users. To use the site comfortably from any device, a mobile version of the official website was created. An affiliate program is provided for active clients, allowing them to earn up to 75% of the commission amount.

    Despite the short time of the company’s work, you can already find various reviews on the Internet about the work of the project. In general, the broker has a positive reputation, although sometimes traders point out various flaws and shortcomings of the platform. After analyzing the opportunities that the company provides for its traders, can we conclude that BFB Capital is a scam and fraud? No, because the platform has the necessary license and really provides profitable and comfortable conditions for users to carry out trading activities.

     

    Conclusion

    At least the broker BFB Capital is a young project, it has already managed to attract quite a few traders from the CIS countries. The company has all the necessary documentation and a license, which makes it completely safe for trading. The advantage of the platform is the low commissions, as well as a wide range of methods for depositing and withdrawing funds. Various analytical materials are available for clients for efficient trading. The disadvantage is the absence of any training materials for beginners, so the service is more suitable for experienced traders. If you cooperated with the broker BFB Capital – leave your impressions about the company’s work on our website to form an independent rating of forex brokers.

    Trading instruments and assets
    20%
    Withdrawal speed
    20%
    Brokerage commission
    20%
    Technical support
    20%
    1.0

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      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      The desk has become corrupted

      collected money from suckers and went to Thailand.

      Positive
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      Minuses
      • scam
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