Review summary
BYFX HK Co., Limited is a brokerage based in Hong Kong with an operational history of 5-10 years. This is a high-risk, unregulated entity as it holds no valid, active licenses for retail forex trading from major financial authorities. Its claimed Market Making License from Hong Kong's Securities and Futures Commission (SFC) is officially listed with an 'Unverified' status. The broker's overall WikiFX score of 1.61 reflects its problematic standing. As it lacks credible oversight, clients have no formal recourse or protection for funds held with this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-22)
无言的结局523
Hong Kong
This is a fraud platform. They will reject withdrawal once you withdraw a lot. Often change their website. The customer service rejects withdrawal by various reason. I do not know why such platform can exist
Exposure
无言的结局523
Hong Kong
BYFX financial platform has fraud behavior and refuses to withdraw. They deny withdrawal for various reasons and induce the customer to pay various fees. Now, the platform is absconded and customer service is gone. Why such a fake trading platforms is existed？
Exposure
无言的结局523
Hong Kong
BYFX, affiliated with CITIC Securities, is a malicious fraud that induced customers to pay all kinds of fees, rejected applications for withdrawal of funds, and asked for more money to unfreeze user accounts. After I paid the money to unfreeze my account, they asked for “money-laundering protection fee”. I paid, but they still rejected my request for withdrawing money. This is a fraudulent platform. Now the website of the platform is inaccessible, and the customer service also disappeared. No one cares.
Exposure
无言的结局523
Hong Kong
The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. The black money protection fee has also been paid, but the withdrawal is still refused. I strongly demand that the withdrawal be forced, and now the platform is closed. Unable to contact customer service. It's pure fraud,
Exposure
无言的结局523
Hong Kong
The BYFX financial platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I also paid the black money protection fee, but still refused to withdraw the funds. I asked the platform to force the withdrawal of funds. What kind of bullshit financial platform is this? Now that the URL is changed, I can’t contact the customer service.
Exposure
无言的结局523
Hong Kong
The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. The black money protection fee has also been paid, but the withdrawal is still refused. I asked the headquarters to deal with this matter. Now the website is closed, the webpage cannot be accessed, and customer service cannot be contacted.
Exposure
无言的结局523
Hong Kong
The BYFX financial platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I paid the protection fee for fraud money, but I still refused to withdraw the money. I asked the headquarters to deal with the matter. Now the website is closed. I can’t enter the platform, and I can’t contact the customer service.
Exposure
无言的结局523
Hong Kong
The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I also paid the protection fee for fraud money, but still refused to withdraw the money. I asked the headquarters to deal with this matter. Now BYFX has closed the webpage, cannot open the webpage, and cannot log in to the account.
Exposure
无言的结局523
Hong Kong
The BYFX platform under CITIC Securities has malicious fraud, induces customers to pay various fees, refuses to withdraw funds, and freezes account funds to allow customers to unfreeze funds. I also paid the protection fee for black money, but I still refused to withdraw the money. I asked the headquarters to deal with this matter.
Exposure
无言的结局523
Hong Kong
The BYFX financial platform, which is engaged in CITIC Securities Foreign Exchange, has always refused to withdraw my funds to the account. The platform communicated with the bank and used various excuses to refuse to allow me to withdraw funds to the account. After paying personal income tax, I had a third-party deposit and asked me to pay the security deposit to unfreeze, and then I withdraw cash for more than 72 hours and asked me to pay the unfreeze fee, and finally said that I had malicious money laundering. Let me make up the part of the money before it can be credited. This is actually the routine of the bank and the platform. Now that the platform is closed and the website cannot be accessed. It is fraud
Exposure
无言的结局523
Hong Kong
It has been more than a month since China CITIC Securities Co., Ltd.’s Baiyihui Financial Platform United Bank has been unable to withdraw funds to customers, and refused to receive funds for various reasons. Today, the webpage is closed and cannot be accessed. There is a serious fraud Behavior
Exposure
无言的结局523
Hong Kong
The withdrawal does not arrive for a month. At the beginning, I was told that the funds were frozen, and I had to pay the unfreezing fee. After paying the unfreezing fee, I was now told that it was malicious fraud money, and I explained it clearly, but the bank has to make up the part of the malicious fraud money, which is obvious. Scam.
Exposure
无言的结局523
Hong Kong
Citic securities' BYFX HK the financial platform, after the customer completes the transaction, induces the customer to pay various fees, freezes the funds at will, asks the customer to pay the unfreezing fee, and prevaricates the normal withdrawal of funds for various reasons, which is fraudulent
Exposure
无言的结局523
Hong Kong
The Bai Yi Hui financial platform of CITIC Securities, after successful trading, refuses to withdraw the funds, using various reasons to stall, excuses for not being able to withdraw the funds normally, inducing customers to pay various fees, freezing funds at will, thawing funds to pay thawing fees, thawing fees paid and refusing to withdraw the funds for other reasons, how is this platform managed by CITIC Securities?
Exposure
无言的结局523
Hong Kong
This is an irregular platform that refuses to give its customers withdrawals for a variety of reasons. The account funds are frozen at will, and the funds are given only after the thawing money is paid, but after the thawing money is paid, the funds are still refused to be withdrawn. It is a set of cards, I do not know how the CITIC Securities Company is managed.
Exposure
无言的结局523
Hong Kong
After successful trading, the bank is unable to withdraw funds normally, and induces customers to pay unnecessary funds and freeze their funds at will on the grounds of paying unfrozen funds. The bank does not have the right to freeze the client's funds at will and does not give the normal withdrawal on the grounds of paying the unfrozen funds. There are deceptive behavior.
Exposure
无言的结局523
Hong Kong
Unable to withdraw funds, I have communicated with customer service many times, and they all prevaricate with various reasons, and they keep inducing customers to pay various fees to delay the time, then freeze the funds, and finally say that unfreezing funds will have to pay unfreezing fees, but that company There is no need to unfreeze the bank to unfreeze the funds
Exposure
无言的结局523
Hong Kong
For CITIC Securities, there is no manual service, and many inducements are made to pay various fees, and then the funds are frozen in overseas banks, and the unfreezing funds are not allowed to be withdrawn.
Exposure
无言的结局523
Hong Kong
The funds are frozen, and I have to hand over 5% of the unfreezing funds, and the bank will only give the funds. Before, I was asked to pay personal income tax, a deposit for malicious money laundering, and investigation fees. Now it is said that the withdrawal has exceeded 72 hours. If it is frozen, you need to pay a 5% unfreezing fee of the cash withdrawal amount before unfreezing
Exposure