Bride Fund (bridgefund.io) is a forex broker that is located in the St Vincent and the Grenadines and is allegedly owned by Stilbe Group LTD . In the review below, we take an in-depth look at the features hubtrader.com allegedly offers. The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about Bridge Fund.
Table of Contents
Bridge Fund Trading Platform
Bridgefund.io claims to be a worldwide online trading company that gives access to trading opportunities of financial markets, through their outstanding trading services and sophisticated trading platforms. They also claim to be committed to offer the highest standards of trading online, specialized expertise on financial market, trading platforms which bring all the necessary information for a person to succeed.
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The website looks professional, although with few questionable design choices. At first glance we discover that this broker support status web trader and the MT5 trading platform. They offer assets such as Forex (with leverages up to 1:300) CFDs, Indices, Stocks, and Precious metals
Bridge Fund Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea as to how a broker might work.
After thoroughly checking we discovered that this broker has five account types
Bridge Fund Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us, because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
This broker claims to support Skrill, Neteller, Visa and Mastercard as payment options.
This broker claims to have zero withdrawal fees.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal
Is Bridgefund Licensed?
Licensing is another important part, because a regulated broker can be trusted to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it is actually regulated.
Bridgefund claims to be owned and operated by Stilbe Group LTD and is located at Beachmont Business Centre, Suite 102, Kingstown, St Vincent and the Grenadines.
We cannot ignore the fact that this Broker resides in the SVG. St Vincent and the Grenadines is a place that attracts shady brokers because of their lack of proper licensing laws and a regulatory body.
For due diligence, we used the information this broker provided to check their licensing status. So in order to ascertain if this broker was licensed, we had to check several regulatory bodies. We checked the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others. At the end of our search we didn’t find any licensing information concerning this broker.
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Accounts
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
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Minimum Trade Deposit $100
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Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
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Maximum Leverage
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Conclusion
We wouldn’t recommend using this forex brokerage, we are not impressed with the vague information they have provided.
In conclusion, we wouldn’t advise or recommend you to trade with Bridgefund.io as they don’t give any information concerning if they are a regulated broker.
Bridgefund.io is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.