Unauthorised Firm Details

Name: BayView Brokers
Website: bayviewbrokers.com

BayView Brokers Review – Strong Warning Signs

BayView Brokers markets itself as a CFD/forex trading platform with low spreads, no commissions, and access to MetaTrader 5. They advertise high leverage (up to 1:500), multiple account tiers, and a global presence. For traders looking to dive into aggressive conditions, on the surface it might look tempting.

But our investigation uncovers serious concerns that suggest this broker is risky:

• The website is poorly built: registration and login buttons often don’t work, downloads for platforms redirect back to the site rather than to valid app stores, and many links are broken. These suggest either inefficiency or intentional limits on transparency.

• Regulatory claims are vague. They claim to be “licensed” by a regulator called MISA (Mwali, Comoros Union), but do not provide a license number easily verifiable, nor evidence of oversight by strong regulators.

• The operational history is extremely short. Their domain was registered only recently, and operations appear to have begun just after license acquisition.

• Trading conditions may be deceptive: although the site promises very low spreads in some marketing, the published account types show significantly wider spreads. Also, “ECN” accounts allegedly exist without commissions, which casts doubt on the claim since ECN models almost always involve commissions.

• Customer support and company information are minimal. Key legal documents (terms & conditions, risk disclosures, verification policies) are hard or impossible to find; contact methods are limited.

• High risk of loss: with maximum leverage of 1:500, vague spreads, and uncertain platform performance, even a small market movement can wipe a trader out quickly.

Bottom line: BayView Brokers has many red flags: extremely short history, weak regulation, broken site functionality, misleading trading claims, and lack of transparency. This is a broker to avoid. If you have already deposited, keep all interactions and documents, and consider reporting to your financial regulator.