Bofx Assets Review: A Desperate Broker

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Bofx Assets Review: A Desperate Broker

Bofx Assets is an online trading platform that brags 10 years of expertise in trading. The broker claims to have the best technologies to generate winning market returns. Additionally, they guarantee a chance to explore and connect with like-minded traders. The investment firm claims to have won multiple awards, and its headquarters is in Sydney.

BofxAssets offers trade services across 172 countries and employs 1000 in its alleged 30 offices worldwide. Moreover, before investing funds in any platform, it’s best to consider several factors. The trading world is highly competitive. Scammers often promise massive trade outcomes with hardly an approach towards the same.

Even so, as you read our impartial review of Bofx Assets, we highlight the ambiguity it attempts to hide. Bofx Assets red flags eliminate any further considerations to invest funds. The broker fails to present an approach to asserting consistent trade outcomes. Meanwhile, these forex trading companies apply a tried-and-tested trade approach. Hence you are certain to enjoy profits via a reliable trade approach.

Furthermore, you also encounter losing returns while venturing to trade into the financial markets. There is no such thing as constant trade outcomes. Bofx Assets does not make any sense in its promises to traders. Review provides the best opportunities to trade 400+ instruments. It guarantees fast executions, round-the-clock service, and a stable trade platform. Even so, the algorithm it applies to generate winning outcomes is unknown. Furthermore, fraudsters often promise state-of-the-art technologies. Hence when you sign up expecting the best outcomes, the results are often shocking. Automated trading has no emotional mix-up with trade directions. However, it is best to avoid purchasing faulty instruments from hoaxers.

Bofx Assets provides spreads from 0.0 Pips and leveraged trading up to 1:500. Moreover, the main visible investment approach is social trading. Nonetheless, copy trading the outcomes profiting for the account managers does not profit you similarly. The trading world is highly volatile. Price actions, inflations, and wars are among the factors that affect price patterns. Therefore you can not precisely predict price shifts. 

The investment firm aims to avail trade opportunities to all types of traders. However, no expert will likely waste time or funds on the platform. Bofx Assets assures beginner customers of the best academic assistance. However, you hardly access any videos, webinars, or seminars for academic purposes. Fraudulent companies often feature basic data explaining trade terms. You can easily access similar materials online for no extra cost.

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Bofx Assets Accounts and Trading Conditions

Bofx Assets claims to have a huge crowd earning from its operations. However, the traffic it generates is minimal to prove any traders are profiting. Also, most traders who invest funds in the platform regret it and lose money. The trading conditions it presents are pathetic.

Bofx Assets does not have any trade accounts to consider more payments. Accordingly, fraud companies have senseless investment plans targeting your money. The broker does not have software compatible with a reliable trade platform. It runs all operations via the web platform. Relying on malicious tools exposes you to third-party attacks. Also, MetaTrader is advantageous for access to charting tools, various investment app compatibility, and automated trading.

The investment firm does not have any evidence of trade activities taking place. Scam companies often generate query returns. So posting similar data on the sales page lures traders from its operations. Additionally, trade history for three months or more assists in determining the outcomes to expect. 

Bofx Assets promises the best news and market analysis data. Also, the data available is not up-to-date. Accordingly, you risk relying on expired or irrelevant data from mysterious unreliable sources. 

How Operates does not provide a recommendable investment approach. Accordingly. It unravels numerous traits similar to scam companies. Moreover, investing funds with scammers while expecting preferential treatment to lose your money is absurd. The investment firm promises attractive outcomes. However, the ROI estimates are barely attainable in a short span as it estimates. Review, Features

Also, scam companies promise bonuses on the initial deposit of 100% or more. You cannot even access the reward money after completing set tasks. Falling to scammers and investing funds ends business. Hoaxers deny access to services or accounts after sharing wallets and accessing your funds.

Bofx Assets brags about winning awards that are non-existent in the real markets. Accordingly, not only does it fail to avail transparency in its operations. The investment firm does not provide data on its founders or team of employees. Also, there is no guarantee of trade expertise in any market. The broker does not avail of any qualifications materials for the same. You risk relying on services and tools from people without knowledge about market operations.

Fraudulent companies maintain anonymity. As a result, they create clone companies and attempt to defraud funds from innocent traders. Bofx Assets probably runs operations under professional experts. The broker presents numerous scam traits.

Funds Safety at Bofx Assets

Bofx Assets does not guarantee any safety of funds. Also, the investment firm  exposes numerous red flags warning that investing even a single dime is at your own risk. The security of funds is a top factor to consider in any platform. The broker has numerous negative reviews not to ignore.

Furthermore, not only do you risk losing funds by rusting anonymous people. Your data may fall into the wrong hands attracting criminal activities. Scam companies profit by keeping funds in personal accounts. The broker does not have bank data to confirm your funds are secure. It would help if you stuck to Bofx Assets demo account until it makes updates on transparency.

Deposit and Withdrawal

Bofx Asset’s minimum investment amount is $200. The figure is quite costly, considering the ambiguity it exposes. The investment firm allows payments via visa, skrill, Neteller, and Wire transfers, among other options. Even so, it’s best to consider the Credit/debit funding for chargeback up to 540 days. Moreover, wire transfers and cryptocurrency transactions are irreversible.

The investment firm does not have any evidence of successful withdrawal by its traders. Also, you experience a tough time accessing funds from scammers without policies for the same. Bofx Assets, like every scammer, will hold funds long. Eventually, they create ways to disappear with your funds without a trace.

Customer Support

Bofx Assets does not avail any relevant location information. Also, there is no certainty in the customer support data. The broker does not have any telephone or email contact data. Also, you should receive a fast response to queries, if not instant. 

Fraudulent companies often cut off communications upon receiving your funds. On the other hand, active customer support helps build trust with investment firms. Bofx Assets aims to avail a friendly interface without proper customer relations.

Regulation Status of Bofx Assets

Bofx Assets does not appear under the radar of a legit regulator. The broker does not avail any data to prove otherwise. Also, it is illegal in most countries to access public funds without following regulations. 

Accordingly, these regulated forex trading companies attract a pleasing trade experience. You can easily find and verify the regulation data available with the responsible watchdogs. Also, scammers cannot afford regulation fees. As a result, they end up facing bankruptcy quickly.

Final Verdict

Bofx Assets is not reliable for trade purposes. The broker is a common hoaxer with numerous visible traits similar to the niche. Also, it’s best to research thoroughly and read reviews from reliable sources on investment firms.

Accordingly, these reliable investment firms attract a pleasing trade experience. A sensible approach delivers stunning profits on your funds, unlike, which is best to avoid at all costs. 


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