Brokers  /  Virtual Brokers

Virtual Brokers

Moderate risk
🇨🇦 Canada · 5-10 years · since 2019-06-05 · BBS Securities Inc.
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot0/5
Forex Peace Army/5
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No sign that Virtual Brokers actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
40
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBBS Securities Inc.
Headquarters🇨🇦 Canada
Founded2019-06-05
Years operating5-10 years
Employees0
Official websitevirtualbrokers.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
199 Bay St. Suite 2600, Toronto, ON

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Virtual Brokers presents a high-risk profile due to its lack of regulation and scarcity of publicly verifiable information. While the company is registered in Canada and has a physical address, the absence of a regulatory licence means there is no external oversight of its operations. Traders should approach with caution and prioritize brokers with clear regulatory standing and transparent operational history.

Best for
  • Traders willing to contact the broker directly for information
Not for
  • Investors seeking regulated brokers
  • Traders requiring transparent pricing and established platforms
  • Those looking for verified independent reviews or data
Period:

Real user reviews

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About Virtual Brokers

Overview

Virtual Brokers is an entity registered in Canada, with a registered address at 199 Bay St. Suite 2600, Toronto, ON. According to our records, the firm was established on June 5, 2019. The official domain is virtualbrokers.com, and the company maintains a presence on Facebook and Twitter/X.

Despite these details, there is a notable lack of publicly available independent information regarding Virtual Brokers' operations. Our web search did not yield clear results that could be confidently attributed to this specific entity. As a result, the information presented here is limited to verified registration data.

Regulation and Licensing

Our records indicate that Virtual Brokers does not hold any regulatory licences. The absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight by any financial authority. This lack of oversight may expose clients to higher risks, including potential issues with fund security and dispute resolution.

Traders are strongly encouraged to verify the regulatory status of any broker before committing funds. In jurisdictions such as Canada, regulatory oversight is typically provided by bodies like the Canadian Investment Regulatory Organization (CIRO) or provincial securities commissions. Virtual Brokers is not listed with any such regulator.

Trading Platform and Instruments

No specific details about trading platforms or financial instruments offered by Virtual Brokers are available from independent sources. The absence of such information makes it impossible to assess the suitability of this broker for various trading styles or asset classes.

Without confirmed data on platforms like MetaTrader, cTrader, or proprietary software, traders cannot evaluate the technical capabilities or user experience. Similarly, the range of instruments—whether forex pairs, CFDs, stocks, or commodities—remains unverified.

Account Types and Funding

Information on account types, minimum deposits, leverage, spreads, or funding methods is not publicly available for Virtual Brokers. These details are crucial for traders to understand the cost structure and accessibility of a broker.

The lack of such data suggests that potential clients would need to contact the broker directly. However, without regulatory oversight, there is no guarantee that any terms provided are standard or that they will not change without notice.

Company Background and Credibility

Virtual Brokers was registered in Canada in 2019. The physical address in Toronto's financial district lends a degree of credibility, but it does not replace formal regulatory oversight. The company maintains social media accounts, but activity and engagement on these platforms could not be verified.

Our FXCanary Scam Risk Score for Virtual Brokers is 40 out of 100, categorised as 'Guarded'. This score reflects the lack of regulation and the limited independent information available. Traders should exercise caution and conduct thorough due diligence before engaging with this entity.

Overview compiled by FXCanary from regulatory records and public data. full Virtual Brokers review