BYDFi
BYDFi Review 2025 – Is It a Safe Crypto & CFD Trading Platform?
Thinking of trading with BYDFi? In this detailed review, we examine BYDFi’s regulations, account types, spreads, fees, platforms, and more. By the end, you’ll know whether BYDFi is a suitable trading platform for your needs in 2025.
| Feature | Details |
|---|---|
| Broker Name | BYDFi (Build Your Dream Finance) |
| Founded | 2020 |
| Headquarters | Singapore |
| Regulations | FinCEN (U.S. MSB License), Canada FINTRAC MSB; Other registrations vary by region |
| Minimum Deposit | $10 |
| Account Types | Standard Crypto Trading Account, Derivatives Account, Copy Trading Account |
| Trading Platforms | BYDFi Web Platform, BYDFi Mobile App, MT5 (limited regions) |
| Instruments Offered | Crypto Spot, Crypto Futures, Leveraged Tokens, Commodities, Forex CFDs (non-US regions) |
| Leverage | Up to 1:200 (depending on asset type) |
Regulation & Safety
BYDFi follows international compliance standards and offers layered security controls:
- Registered as an MSB with FinCEN (U.S.) – Reg No: 31000205492395
- Registered as an MSB with FINTRAC (Canada) – Reg No: M22417287
- KYC identity verification for account security
- Cold wallet storage for client funds
- Multi-layer encryption & DDOS protection
Account Types Offered
| Account Type | Platform(s) | Spreads From | Commission | Minimum Deposit |
|---|---|---|---|---|
| Standard Crypto Account | BYDFi Web / Mobile | Varies by market | Spot: 0.1% Maker/Taker | $10 |
| Derivatives Account | BYDFi Web / Mobile | 0.0 pips (market-based) | Futures: 0.02–0.06% per order | $10 |
| Copy Trading Account | BYDFi Web / Mobile | Varies | Performance-based fees apply | $10 |
Trading Platforms
- BYDFi Web Platform – charts, indicators, futures, spot trading
- BYDFi Mobile App – full trading app with alerts and copy trading
- MT5 (Limited Availability) – for some CFD assets
- User-friendly interface suitable for beginners and advanced traders
Instruments You Can Trade
- 400+ Cryptocurrency pairs
- USDT-M Futures
- Leveraged tokens
- Crypto spot trading
- Forex CFDs (region-specific)
- Commodities CFDs
- Indices CFDs (limited availability)
Spreads, Fees & Commission
- Spot Fees: 0.1% maker / taker
- Futures Fees: Maker: 0.02% / Taker: 0.06%
- Overnight Fees: Applied on CFD positions
- Deposit Fees: Crypto deposits are free
- Withdrawal Fees: Vary by blockchain network
- Inactivity Fee: None
Security & Measures
- Cold storage for majority of crypto assets
- AML/KYC verification
- Multi-signature wallet protection
- Two-factor authentication (2FA)
- Global regulatory registrations
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Cryptocurrency Deposit | Instant after network confirmations | No platform fee |
| Crypto Withdrawal | Minutes to hours | Blockchain network fee applies |
| Credit/Debit Card (via third parties) | Instant | Third-party fees apply |
| Bank Transfer (Not widely supported) | Varies | Depends on provider |
Customer Support
- 24/7 Live Chat
- Email support
- Support Centre with guides & tutorials
- Active social media channels
Pros & Cons
Pros
- Low fees on spot and futures
- Supports 400+ crypto assets
- Beginner-friendly platform
- Copy trading features
- Very low minimum deposit
- Registered as MSB in USA & Canada
Cons
- Not regulated by top-tier forex regulators (ASIC, FCA, etc.)
- No traditional bank withdrawals in many regions
- Limited CFD availability depending on jurisdiction
Is BYDFi Right for You?
If you want a simple, fast, and low-cost crypto trading platform with futures, spot trading, and copy trading, BYDFi is a strong option. It is excellent for beginner and intermediate traders looking for a secure and regulated crypto exchange with small entry requirements.
If you prefer traditional CFD brokers with MT4/MT5 and deep liquidity, BYDFi might feel limited.
If you decide to use BYDFi:
FAQs About BYDFi
Is BYDFi regulated?
Yes. It holds U.S. FinCEN MSB registration and Canadian FINTRAC MSB registration.
What is the minimum deposit?
The minimum deposit is just $10.
Does BYDFi support futures trading?
Yes, USDT-M perpetual futures with leverage up to 1:200 are available.
Does BYDFi support copy trading?
Yes, users can follow professional traders with automatic trade copying.
How fast are deposits and withdrawals?
Crypto deposits are instant; withdrawals depend on blockchain congestion.
Disclaimers
Crypto and CFD trading carry a high risk of losing money. Markets are extremely volatile, so only trade with funds you can afford to lose.
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