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© 2017-2023 RSB A Comprehensive Analysis of its Legitimacy", scam, scam broker, broker review, scam, broker, claims to be a forex broker that provides its clients with the best trading experience. However, after researching their platform and reading through several reviews from traders, it is evident that is nothing but a scam broker.

Is a Licensed Broker?

The short answer is no. Any financial regulator does not license The name of the mother company is BFX Alliance. They claim this mother company is currently regulated under Granada Financial Regulation, but we found nothing of this kind of regulatory body. Based on the information they provided on their website, it is clear that they are an offshore scam broker company without any license.

Why Should You Not Trust an Unlicensed Broker?

Unlicensed brokers can do whatever they please with their clients’ funds without being held accountable. They can manipulate prices, steal funds, and even shut down their platform without warning. This is why it is crucial only to trust licensed brokers with a reputation for upholding and adhering to strict regulations.

Can Be Trusted?

No, cannot be trusted. They have a history of scamming clients by manipulating trades and not allowing them to withdraw their funds. The platform also has several technical issues, and its customer service could improve.

What Do Traders think About

Several traders have shared their negative experiences with They have reported issues with their funds not being processed, technical glitches on the platform, and the inability to withdraw funds. These reviews confirm that is indeed a scam broker.

Scammed by – Talk To Our Experts

If has scammed you, feel free to talk to our experts. We provide a free consultation to guide you in recovering the money you have lost. We will also recommend some good recovery service providers to help you regain your funds. Do not let scam brokers like get away with your hard-earned money. Contact us today for help.

If you have lost money to companies like HOINEX,, or, please report it today by the below form.

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    Online Trading Complaint Form