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B4 Markets Review - Is it scam or safe?

B4 Markets Review - is b4markets.com scam or good forex broker?

RATING: 1.3 / 6 REVIEWS B4 Markets
B4 Markets is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS


Trading Accounts and Conditions

 

Account type Minimum deposit  Minimum trade size Maximum leverage Average Spreads   
Mini $500 0.01 1:400 1.0 pips
Standard $1 000 0.1 1:400 1.0 pips
Pro $10 000 1 1:400 1.0 pips

 

B4 Markets offers several trading accounts, depending on the initial deposit. All of the provide commission-free trading with variable spreads and leverage up to 1:400 on the MetaTrader 4 platform.

 

The spreads of B4 Markets are attractively low indeed and no commissions apply. However, we find the minimum initial deposit required too high for a brokerage that is not regulated. And we keep reiterating that the trading costs are not the most important thing when choosing a forex broker. Instead, you’d better look for reliability, because, even if you score millions with a scam brokerage – and there are thousands of them out there -  there is no way you can get them. Even worse, there is nothing you can do to get your initial investment back.

 

For example, by investing just $100 you can open an account with FxPro – a major forex brokerage regulated in multiple jurisdictions and also offering negative balance protection.

 

The Company. Security of Funds

 

Company

Country

Regulation

B4 Markets Ltd.

N/A

N/A

 

B4 Markets offers trading in forex and CFDs on the widespread MT4 platform. There is no information about the company behind the brand on the broker’s website – where are its headquarters, regulation, etc. Brokers which do not present important information like this make us extremely suspicious.

 

When we downloaded B4 Markets’ MT4, the name of another brokerage appeared – AAFX Trading. This probably means that B4 Markets is in fact an introducing broker of AAFX Trading. And the latter is an offshore broker, operating under the jurisdiction of St Vincent and the Grenadines (SVG). Registration as International Business Company in SVG is almost the same as no registration or license at all. Such companies are not required to report to no authority, to meet any standards, nor to apply client protection rules.  Furthermore, the Italian financial regulator has recently issued a warning against B4 Markets.

 

So, you’d better invest with brokers regulated by reliable authorities such as UK’s FCA, or Cyprus’ CySEC, for example. 

 

Trading Platform

 

B4 Markets offers its clients MetaTrader 4 (MT4), the most popular forex trading platform worldwide. It is equipped with technical analysis indicators, extensive back-testing environment, advanced charting package and a wide range of Expert Advisors (EA), allowing clients to fully automate their trades.

 

 

B4 Markets’ desktop MT4. Click for a larger image.

 

Methods of Payment

 

B4 Markets offers its clients bank wire transfer, debit/credit cards and Skrill and Neteller as payment methods.

 

Conclusion

 

B4 Markets is an introducing broker of AAFX Trading. Although its trading conditions appear attractive, we don’t recommend it, at it is not regulated, and AAFX Trading is registered offshore. To sum up the above:

 

Pros  Cons
Competitive spreads  Unregulated introducing broker of an offshore broker
MT4 available High initial deposit required
  No choice of trading platforms
Latest news about B4 Markets
No news about B4 Markets . Check back later.
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
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Mobile app
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NinjaTrader
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UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
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Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for B4 Markets

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

Investment with B4Markets, trading account 100-001-0010244, platform 2105925356 MT4

My Balance 21/06/2017: 107337 $ , Pending: 81502 $ Equity: 105981 $
Team B4 Markets Group (CEO Adam Raleigh), www.b4markets.com
Username: [email protected] Password: 123456789
Funds probably transferred from my MT4 account 360964 at VIX500

Contact suddenly lost, no calls, mails from B4 nor VIX500 in 2018.
Very much a Spam!

How to get funds paid to me?
Per-Olof Karsten. [email protected] Mobile: +358 400702626


Per-Olof Karsten 10/11/2018

they don't pay back my initial deposit

I've made a small initional deposit and opened just one operation.
I've made the withdrawal afterwards but they don't pay back my initial deposit even there are all needed documentation and the telefonical permission of the account manager-they don't answer anymore...

Don't invest!

Gabriele Anthes

Gabriele Anthes 02/12/2018

Scam

Do not get started with these scams, promised support and help while I made the deposit. Then he immediately forgot me. Another thing is, I can not withdraw either the deposit or the money earned.

Juozas 11/23/2017

B4 Markets cheated me

Alcuni mesi fa ho fatto un piccolo versamento a questo treder e poi attraverso un broker che mi aiutava ho fatto un altro versamento e con la suo aiuto alla fine di luglio sono arrivato ad avere sul conto circa 19.000 euro.
Successivamente è subentrato un altro broker e mi ha fatto delle operazioni in perdita per 18.000 euro. Attualmente con i 5000 euro di bonus sto perdendo quasi 22.000 euro e sono quasi agli sgoccioli cosa posso fare. La stessa cosa è successa a un mio amico e ha perso tutto.

Translated by Google:

A few months ago I made a small payment to this treder and then through a broker who helped me I made another payment and with his help at the end of July I came to have on the account about 19,000 euros.
Subsequently, another broker took over and made me a loss for 18,000 euros. Currently with the 5000 euro bonus I'm losing nearly 22,000 euros and I'm almost dripping what I can do. The same thing happened to a friend of mine and he lost everything.

LAZZARONI LUIGI 09/06/2017

Andrew Cohen, B4markets, VIX500

I'm a victim of a financial fraud suffered from my account manager Andrew Cohen of www.VIX500.com. In 12/July/2017 he decided to run out the investments making 3 negative transactions. ANDREW COHEN stealed me 16000 euro and I know that he is contacting new customers, suggesting them to open an account to www.b4markets.com, another unregulated and scam company as is a scammer Andrew Cohen.

Pinocchio 09/04/2017

B4Markets: Lost Deposit

I opened an account with B4Markets on 18 May 2017 with $1250 and with assistance from Anthony Conti (who was to get 10% of the profit) made profitable trades. Having nearly tripled my account, I increased my deposit to $3250 on 30 May and continued trading. By 15 June my account was $11000 and I increased my deposit to $8250. I continued trading with Anthony until 6 July (the last time we communicated) when he placed 19 trades which I closed the last on 28 July when my account stood at $40300. I have since traded unassisted and my account is $50400. I have tried unsuccessfully to withdraw some funds, the transaction is always pending and no-one will respond to website mails

Graeme McGladdery 08/31/2017
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