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Beefy Coin Limited

Operating status: SCAM

Website: https://www.bfy-c.co/en/

Broker violations and abnormal records
  • Sep 14, 2022 BrokersView has Reviewed that Beefy Coin Limited is an Unregulated Forex Broker

    Beefy Coin Limited claims to be a reliable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.

    Besides, Beefy Coin Limited shows its company address is in Hong Kong. As forex traders, you should know that all regulated forex brokers in Hong Kong are monitored by the Securities And Futures Commission (HK SFC). However, we did not find any match results to Beefy Coin Limited in HK SFC. The truth is that Beefy Coin Limited is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.


    Beefy Coin Limited claims to be a reliable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.Besides, Beefy Coin Limited shows its company address is in Hong Kong. As forex traders, you should know that all regulated forex brokers in Hong Kong are monitored by the Securities And Futures Commission (HK SFC). However, we did not find any match results to Beefy Coin Limited in HK SFC. The truth is that Beefy Coin Limited is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Dec 06, 2022 BrokersView has found that Beefy Coin Limited is not working

    BrokersView found the domain "https://www.bfy-c.co/en/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://www.bfy-c.co/en/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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