BYFX Global Review
144
Review
Fast Facts
Account types
| Standard Account | Low Spread Account | ECN Account | |
|---|---|---|---|
| Minimum Deposit | 100 USD | 20'000 USD | |
| Maximum Leverage | 1:500 | ||
| Spread from (pips) | |||
| Commission per lot (USD) | |||
| Minimum Trade Size | 0.01 | ||
| Step | |||
| Execution Type | |||
| Trading Instruments | CFDs, Energies, Metals, Forex | ||
| Margin Call | |||
| Stop out | |||
| Swap Free | |||
| Currency | USD | ||
Deposits / Withdrawals
- Deposit Methods: Visa, Bank Wire Transfer, MasterCard, UnionPay
- Withdrawal Methods: Visa, Bank Wire Transfer, MasterCard, UnionPay
- Account Currencies: USD
Contact Info and Support
4th Floor, Harbour Place, 103 South Church Street, PO Box 10240, Grand Cayman KY1-1002, Cayman Islands
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | December 2025 | 0 |
| January 2026 | 0 | |
| February 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About BYFX Global
BYFX Global Co., Limited holds a Securities Investment Business Licence (SIBL, No. 1458866) from the Cayman Islands Monetary Authority (CIMA), authorizing it to conduct market‑making activities across a wide range of securities including CFDs, foreign exchange, spot bullion, options, futures, and related instruments — granted August 13, 2018
Headquartered in the Cayman Islands and part of Japan’s SBI Group (established 1999), BYFX Global offers three account types—Standard, Low Spread, and ECN—each denominated in USD. The minimum deposit is USD 100 for Standard and Low Spread accounts, USD 20,000 for ECN. Maximum leverage is 1 : 500 across all account types. Available trading instruments include CFDs, energies, precious metals, forex/currencies. Trading is conducted via MetaTrader 4 (MT4); all account types support EAs, but none offer hedging, scalping, Islamic/swap‑free features, NBP, or negative balance protection
Pros and cons
Pros
- Regulated by CIMA under a full Securities Investment Business Licence (SIBL No. 1458866)
- High maximum leverage (1 : 500) and access to multiple asset classes via CFDs, FX, metals and energies
- Supports automated trading via MT4 and EAs
Cons
- No Islamic/swap‑free accounts, hedging, scalping, nor negative balance protection
- ECN option requires a high minimum deposit (USD 20,000)
- Regulation via an offshore jurisdiction not subject to European or other major regulatory regimes
