Barings
Barings LLC63.2Regulated
Hong KongEst. 2000SFC
1:51 licence
Editorial review
Broker Summary
What Wikilix has recorded about BPI: its history, the licences it holds, its trading conditions and its fees.
A review of the BPI Financial Group
The BPI Financial Group represents
"A review of BPI Financial Group"
BPI Financial Group is an independent financial services provider catering to institutional investors in the global commodity and derivatives marketplace. The company focuses on providing a comprehensive trading and risk management platform for commodity producers, miners, and businesses engaged in steel production, as well as for firms engaged in the trade of commodities and for funds investing primarily in commodities. The vision for BPI is to establish and maintain ongoing working relationships with institutional clients to develop tailored solutions, and BPI is committed to continuing to innovate to provide clients with the best risk management solutions possible. As such, BPI is becoming a well-respected partner for institutional traders.
The History of BPI Financial Group
The BPI Financial Group was formed to provide institutional investors an easy-to-use platform to trade in the global commodity and derivatives markets, and quickly gained a reputation as a market leader with an innovative approach to delivering high-quality service.
In 2020, the company received the New Comer of the Year Award at the Energy Risk Asia Awards.
In 2021, BPI won the Award for Commodity Broker of the Year due to the company's expanding service offering and geographic reach.
Products Offered by the BPI Financial Group
BPI Financial Group offers Institutional Clients all of the following products and services:
Access to Global Exchanges Using Both Exchange-Traded and Over-the-Counter Products.
Derivatives Clearing Services Across Multiple Classes and Exchanges.
Inter-Dealer Brokerage in Over-the-Counter Commodities.
Access to Chinese Commodities.
BPI's Solutions are Customized to Meet Client Needs. Each Client's solution is developed with respect to the Client's specific business and investment goals, allowing BPI to create long-term relationships with its Clients.
regulatory and licensing compliance for BPI Financial Group.
BPI operates under stringent regulatory and licensing rules that give institutional clients confidence in their trading operations.
The following table summarizes the regulatory requirements and licenses that BPI has secured to enable it to conduct business in the global derivatives and capital markets.
Regulator | License Type | License Holder | Current Status
Securities and Futures Commission (Hong Kong) | Type 2 Licence (Dealing in Futures Contracts) | Bright Point International Futures Limited, which is BPI's subsidiary | Currently Active
Monetary Authority of Singapore | Capital Markets Services Licence (CMSL) | BPI Financial Group Limited | Currently Active
These licenses allow BPI to operate as a global derivatives trader and participate in all regulated capital markets.
BPI Trading Conditions and Technology
BPI delivers solutions to meet the needs of institutional clients. The following tables summarize the various trading conditions and practices available to institutional clients with BPI:
Trading Condition | Specifics
Spreads | Not Disclosed
Leverage | Not Disclosed
Minimum Deposit | Not Disclosed
Trading Platform | Not Specified, Potentially Customized Solutions
Fee Structures
BPI has created a pricing structure based on the unique needs of its Clients and their respective trading volume levels:
Fee Type | Specifics
Deposit Fees | Not Disclosed
Withdrawal Fees | Not Disclosed
Inactivity Fees | Not Disclosed
Commission | Not Disclosed
BPI Financial Group User Experience and Industry Reputation
The BPI Financial Group has a well-established reputation in the industry as a provider of quality products and services to institutional clients and takes pride in developing tailored solutions for its Clients' unique needs through a collaborative effort. Publicly available reviews of BPI are limited; however, the awards and industry recognition received by BPI provide evidence of BPI's credibility and strong reputation in the marketplace.
Recent Developments
2020 - BPI was awarded the New Comer of the Year Award at the Energy Risk Asia Awards.
2021 - BPI was awarded the Commodity Broker of the Year Award.
BPI has a solid history of product innovation and market expansion that supports its continued success in the future.
In summary
BPI is a boutique broker of commodities that is independent and primarily focused on delivering customized trading, risk management and structured solutions to institutional clients. Clients have limited access to publicly available information regarding BPI's fees and trading platforms, yet BPI's regulatory compliance, award-winning recognition and client-centric business model speaks to BPI's credibility and expertise. BPI represents a collaboration opportunity for institutional investors seeking a trusted, innovative and collaborative partner in the global commodities markets.
Regulation check
Regulatory Licenses
BPI is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.
0 of 1 checked
1Licences on record
0Confirmed on register
1Tier 1 or 2
0Offshore
How far our check got
- 1 not yet checked
SFCTier 1Hong KongDealing in futures contractsNo. BJE645
What the register says
- Licence number
- BJE645
- Type
- Dealing in futures contracts
Client protection under this licence
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Client money kept separate
- Negative balance protection
- Complaints routeSFC Complaints / FDRC
- Maximum leverage1:13
These are the rules SFC sets for the firms it licenses. They are not a statement about how BPI applies them, or about which of its companies would hold your account.
About Securities and Futures Commission
Onshore regulatorGovernment bodyCompensation: No mandatory insurance (but strict fund segregation)Public registerTransparency: high- Typical cost of this licence
- HKD 500000+
Deposits & withdrawals
Funding Methods
11 ways to fund an account. One with no deposit fee. 9 credit instantly. The costliest way in is InstaPay to BPI (from other banks/e-wallets) at PHP 10.
11 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Cash Accept Machine (CAM) at branchesOtherAvailable only at Philippines branches. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| Over-the-counter at branchesOtherMinimum initial/maintaining deposit for Saver-Plus account is PHP 3,000; foreign currency deposits subject to withholding tax. | Not recorded | Not recorded | PHP 3,000 | Not recordedNot recorded | hour |
| BPI App transfers (to BPI accounts)Bank TransferFree transfers; real-time processing. | Free | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| InstaPay to BPI (from other banks/e-wallets)Bank TransferPHP 10 fee applies; real-time processing; Philippines-wide availability. | PHP 10 | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| Partner outlets (e.g., CVM Pawnshop, JuanPay, Prince stores)OtherNo daily limit on deposits; instant with SMS confirmation; select Philippines locations only. | Not recorded | Not recorded | Not recorded | PHP 100PHP 10,000 | Instant |
| Partner stores (app-initiated barcode withdrawal)OtherFree withdrawal fee until Dec 31, 2025; daily withdrawal limit PHP 50,000; requires government ID. | Not recorded | Free | Not recorded | PHP 100PHP 10,000 | Instant |
| Partner stores (direct withdrawal, no app)OtherNo daily limit; instant with SMS confirmation. | Not recorded | Free | Not recorded | Not recordedPHP 10,000 | Instant |
| BPI ATMsDebit CardLocate ATMs via app or Google; Philippines only. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| Partner ATMs (Robinsons Bank, Euronet)Debit CardZero withdrawal fees; Philippines only. | Not recorded | Free | Not recorded | Not recordedNot recorded | Instant |
| BPI Debit CardDebit CardWithdrawal fees vary by account; none at right ATMs. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| BPI Financial (unverified broker funding methods)OtherNo official confirmation or regulatory approval; data unverified. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | hour |
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