BS GFS Forex Review

BS GFS Forex Broker History

From the research we conducted about the BS Global Financial Services LLC website, the company seems to have launched the website in 2018. Despite years in existence, BS GFS broker has failed to get a license from any regulator and to develop a comprehensive and transparent website.

The broker is registered offshore SVG or Saint Vincent and the Grenadines, which raises serious security and safety concerns. Not only is BS GFS not regulated, but it is solely registered offshore, making the broker highly suspicious. However, inefficiencies do not end here, the website is not working properly, and it is impossible to register. None of the three trading accounts links work for registration and the broker is not offering detailed information about its tradable instruments, only a list of asset types on the website.

There is not much information offered about the company on the website either, only a general description of the company without any details. Not disclosing substantial info about yourself means you are not a trustworthy broker.

BS GFS Broker Review of Accounts

Three trading accounts at BS GFS are called classic, platinum, and professional accounts and all come with substantially different minimum deposits. Classic requires 100 USD, while platinum and professional start at 5,000 USD and 10,000 USD respectively.

Spreads for the classic accounts start from 1.5 pips on major pairs, while it is not indicated for platinum and professional accounts.

Maximum leverage is 1:500 which is plenty for trading, but since none of the registration links and buttons work, it is not possible to open a demo account and test the broker’s services in a live environment.

BS GFS Reviews of Trading Platforms

There is only one trading platform provided to BS GFS clients, which is MetaTrader 5. MT5 is a very advanced and popular trading platform, offering all the needed functionality to fully analyze markets and trade. It comes with support for all devices including mobile apps, desktop software, and webtrader versions. Although the account creation is disabled and none of the links are working, MT5 can be downloaded freely from the BS GFS. However, the web platform of MT5 is not working either. All in all, it is impossible to open a trading account and trade at BS GFS at the moment.

BS GFS Forex Review of Extra Features

There are no extra features except bonuses, which seem to be old promotions. Promotions include giveaways of mobile phones, cars, and motorcycles. There are no bonuses of any kind offered.

BS GFS Reviews of Customer Support

Customer support services are provided via email support and hotline phone support. The WhatsApp link is not working, and it is possible to contact the broker via live chat. We also were unable to contact the broker to find out more details about their current status. An online form to leave a message is offered on the main page of BS GFS.

BS GFS Deposit and Withdrawal

There is no information about funding or withdrawal methods whatsoever on the website. Since the links for account registration are not working, it seems the broker is developing or reorganizing its products at the moment and there are no options given for payments.

BS GFS Review Conclusion

As we have researched and discovered, BS GFS is not currently recommended as the website has some serious issues. The account registration links are not working properly and the transparency regarding training conditions is opaque.

The broker is not regulated, raising serious concerns about its legitimacy and safety. BS GFS does not offer information about its security policies, and it is impossible to contact the support to discuss any of the issues described in this review.