Brokers  /  BYFX Global

BYFX Global

Moderate risk
Cayman Islands · 5-10 years · since 2018-10-08 · BYFX Global Co., Limited.
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47
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • 3 user exposure/complaint reports filed
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints3612%
Offshore registration458%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBYFX Global Co., Limited.
Headquarters Cayman Islands
Founded2018-10-08
Years operating5-10 years
Employees0
Official websitebyfx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsForexMetalsIndicesOil
Registered address
4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSAMarket Making (MM)関東財務局長(金商)第44号Japan

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Standard1:500 for forex,1:200 for gold,1:100 for indices CFD100$1.9--
Low spread1:500 for forex,1:200 for gold,1:100 for indices CFD100$1.4--
ECN1:500 for forex,1:200 for gold,1:100 for indices CFD20000$0.6--

Review analysis AI

Across 4 recent Trustpilot reviews, 75% are 1–2 star.

0
Period:
What users complain about
Where reviewers are from
Hong Kong3
Colombia1

Real user reviews

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About BYFX Global

BYFX Global is a forex and CFD broker based in Cayman Islands, with records dating to 2018-10-08. It reports oversight from FSA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full BYFX Global review