BFX Capital

About broker BFX Capital

Website Address
https://bfxcapital.com.kh
Support Phone
(855) 23 966 669, (855) 17 70 80 90
Founded Date
Operating since 2018
Head Office
ANo. 462, 2nd Floor, Preah Monivong Boulevard, Phum 13, Sangkat Tonle Bassac, Khan Chamkar Mon, Phnom Penh, Cambodia

The multi-asset online broker BFX Capital is a Cambodian derivatives provider established in 2018 (incorporated December 17, 2017). The company displays a SERC regulatory licence on its website bfxcapital.com.kh, though the official register contains an important historical detail: the record for BFX Capital Co., Ltd. (licence 011, certificate 00029929) still lists the web and email data of BIC Markets, a former operating entity. This branding or corporate connection is not clarified on the current domain.

Collected company information:

  • Website / Trading Platform: bfxcapital.com.kh / EZQT

  • Entity / Registration: BFX Capital Co., Ltd. / No. 00029929 (since 2017)

  • Regulator / Licence: SERC (Cambodia) / Ref. 011 (issued June 26, 2018)

  • HQ Address: No. 462, 2nd Floor, Preah Monivong Blvd, Phnom Penh, Cambodia

  • Contacts: email, Telegram, phone (855) 23 966 669 / 17 70 80 90

  • Minimum Deposit: $100

BFX Capital

Registration on Website bfxcapital.com.kh

The brokerage offers online onboarding in English and Khmer, targeting the local market. The BFX Capital personal account manages identity verification, deposits, trading terminal access, and withdrawals.

Since a detailed step-by-step KYC schedule is missing from the public pages, prospective clients should clarify verification times, required ID/address documents, and terms for non-Cambodian residents directly with support via email, phone (855) 23 966 669 / (855) 17 70 80 90, or Telegram.

Markets and Trading Platform of BFX Capital

The broker BFXCapital focuses strictly on derivatives rather than traditional asset classes like shares or ETFs.

Product CategoryPublic Information
CurrenciesForeign exchange trading
Precious metalsMetal derivatives, with gold strongly featured in company materials
IndicesIndex-based derivative products
CommoditiesCommodity derivatives

While the website bfxcapital.com.kh promotes the EZQT platform, older BIC Markets materials featured MetaTrader infrastructure, and the SERC register references a BIC-Live environment. This platform transition remains unexplained.

Furthermore, the BFX Capital broker lacks a public contract-specification table. Spreads, leverage, swap rates, and contract sizes are hidden prior to registration. Third-party databases note an indicative 1:100 leverage and 2-pip spreads, but these cannot be treated as official pricing.

BFX Capital

Trading Accounts and Pricing at BFXCapital

The BFXCapital broker does not use a multi-tier account system (Standard, Pro, ECN). The only stated entry requirement is a $100 minimum deposit. Critical trading parameters — such as account currencies, commission schedules, inactivity fees, and stop-out thresholds — are not disclosed on the public site bfxcapital.com.kh.

Trading ParameterAvailable Information
Minimum deposit$100
Account tiersNo clearly published multi-tier account structure found
Official spread tableNot clearly published
Trading commissionDetailed public schedule not identified
PlatformEZQT

While live conditions may appear post-registration, this lack of transparency limits pre-account cost calculation. This is a commercial disclosure choice rather than a regulatory violation.

Funding and Withdrawing Money from BFX Capital

Deposits start at $100, with the following conditions:

  • Cash and bank transfers may take up to two hours.

  • Cheque deposits can require up to two days.

  • The company does not charge internal deposit fees.

When withdrawing funds from BFX Capital, clients face a semi-manual process:

  • Requests must be submitted by email or in person at the Phnom Penh office.

  • The stated processing target is one business day.

  • Minimum and daily withdrawal limits are not disclosed.

  • Details on payout fees and supported withdrawal currencies are also unavailable.

Regulatory Records and Corporate Background of BFX Capital

Unlike anonymous offshore platforms, the BFXCapital broker is actively listed in the Securities and Exchange Regulator of Cambodia register under licence 011.

Registered Address: 

  • No. 462, 2nd Floor, Preah Monivong Boulevard, Phum 13, Sangkat Tonle Bassac, Khan Chamkar Mon, Phnom Penh, Cambodia. (Matches the SERC record for Street 93/Monivong Blvd).

The overlap with BIC Markets (which shares certificate 00029929 and licence 011) suggests a corporate restructure or rebranding that has not yet been updated in the regulator's database.

DomainTools:

  • Created on: Hidden

  • Updated on: Hidden

  • IP Location: Singapore – Central Singapore – Singapore – Google LLC

DomainTools data shows the website bfxcapital.com.kh is hosted via Google infrastructure in Singapore, which relates to servers rather than physical office locations.

Client Feedback and BFX Capital Reviews

Public BFX Capital reviews are scarce in English-language trading forums, as the company primarily targets a Khmer-speaking audience via localized market commentary and YouTube education.

The project is absent from major review platforms like BrokerChooser. This coverage gap is common for newer or regional firms and does not impact the legitimacy of its official SERC regulatory status.

BFXCapital Broker Risk Assessment and Final Conclusion

Assessment AreaFinding
Regulatory statusBFX Capital Co., Ltd. appears in the official SERC derivatives-firm register under licence reference 011
Corporate disclosureCertificate No. 00029929 claimed; historical BIC Markets connection requires clarification
Trading transparencyProduct categories disclosed, but detailed contract specifications are limited
PlatformEZQT promoted on the current website
Funding and withdrawals$100 minimum deposit and one-business-day withdrawal processing target disclosed
International regulatory coverageCambodian SERC supervision identified; no Tier-1 international licence established
Overall riskModerate

Pros:

  • Verified SERC registration and physical Cambodian office

  • Low $100 entry threshold and multi-channel local support

  • Clear internal processing timelines for transactions

Cons:

  • Unclarified corporate connection to BIC Markets

  • Hidden transaction costs, contract details, and withdrawal limits

  • Local SERC supervision provides fewer protections than Tier-1 frameworks (FCA, ASIC)

Suitability: The BFXCapital broker is a legitimate regional option for traders focused on the Cambodian derivatives market who are comfortable using the EZQT platform. It is unsuitable for international clients requiring Tier-1 regulatory protections or full upfront cost transparency.

Frequently Asked Questions

The overwhelming majority of brokers are scammers. Traders can identify illegitimate ones by using free online resources. It is essential to verify the company's registration, the licensing of its services, and its operational history. It is also important to assess the completeness and authenticity of contact information and the transparency of trading conditions.

You can consult specialists who can help evaluate the broker and identify signs of fraud, and if necessary, assist in opening an account with a reliable service provider. A knowledgeable and comprehensive approach will help avoid negative trading experiences.

First and foremost, pay attention to the content of the comments. Excessively emotional opinions without specifics may indicate paid content. Additionally, a broker's positive reputation may be indicated by mass activity on a single online portal or forum. Another sign of fake reviews is their formulaic nature. Such comments are filled with general phrases and advertising slogans. Fraudulent projects use paid content to confuse traders and lure them into cooperation.

It is important not to fall for the tricks of company representatives. This can lead to additional financial losses. With legitimate brokers, withdrawing funds is a free service that is not subject to any fees such as insurance, taxes, commissions, etc.

If you need assistance in withdrawing capital, it is advisable to consult specialists. Timely consultation with experts can help achieve positive results and withdraw funds from the brokerage account.

In the case of scam brokers, account blocking may be related to a simple refusal to withdraw funds. Clients are accused of violating agreements, money laundering, technical work on the platform, etc. Such manipulations are aimed at depriving traders of the ability to withdraw capital.

When a brokerage account or personal account is blocked, it is better to use the services of professionals . Depending on the reason for the blockage, experts can find the optimal solution to the problem.

The reasons for the inactivity of a brokerage company's presentation portal can vary widely. Blocking due to numerous complaints, cessation of project activities, inclusion in the blacklist of trading platforms — all of this can lead to access issues to the broker's site. Additionally, unstable internet connection and browser restrictions can cause improper functioning of the resource.

If the official broker's website does not open, seek help from experts. They will advise on any questions and provide recommendations for further actions.

First and foremost, it is important to ensure that there are no assets in the account and no debts to the broker. If there are instruments in the investment portfolio, they should be sold, and you should wait for the settlements to be completed. After that, you can submit a request for the withdrawal of funds and the closure of the brokerage account.

If the broker refuses to fulfill requests, it is better to consult experts. They can assist in closing the brokerage account and recovering funds through chargebacks . When preparing to dispute transactions, it is necessary to gather all available evidence of cooperation with the project. This will help increase the chances of successfully initiating refunds.

Reviews about BFX Capital

They brag about being founded in 2018,but Wikifx says they're less than a year old. Total lies
1
Bfxcapital claims SERC license, but Cambodia didn't approve their website. MT5 won't connect
2