Bforex Ltd Broker Review


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    Visit BrokerRisk Warning: Your capital may be at risk


    💻 Demo Account: Yes
    ⚖ Allows Hedging: Yes
    🔪 Allows Scalping: No
    🏢 Headquarters: London, England
    📅 Founded: 2007
    📈 Trading Platform(s): MetaTrader4, PROfit Platform, iPhone/iPad
    📜 Regulating Authority(s): No Regulation
    💰 Minimum Deposit: $100
    📣 Maximum Leverage: 200:1

    Visit Bforex Ltd
    Risk Warning: Your capital may be at risk

    $100
    Minimum Deposit
    200:1
    Maximum Leverage
    2007
    Founded

    Our Review of Bforex Ltd

    Bforex Ltd
    Company Overview
    Bforex is a leader in forex trading, providing superior trading experience and intuitive trading interfaces to customers. Bforex has excelled in offering customers with the best interaction with forex markets. Bforex offers excellent execution speeds, customer support and web-based trading platforms. Bforex offers support personnel to assist customers with varying experience. Bforex ensures customers can always execute stop and limit orders under all market conditions. Bforex is focused on maintaining a loyal and growing customer base. The company also offers partnerships with institutions via its broker and white label programs. Bforex has a dedicated team of professionals to ensure the best service, trading platforms and user experience.

    Account Types
    Bforex allows an easy and web-based process to open a new account. You can start by giving your name, email, country and contact phone, and you are on your way to complete the account opening process. The customer can start trading as soon as the account is approved and depositing an initial balance.

    Commissions and Spreads
    Bforex requires margin amounts corresponding to the customer’s account size, balance, transactions and market conditions. Bforex offers different spreads depending on the customer’s margin requirements and current positions. Bforex requires the client to be responsible for maintaining all margin requirements.

    Trading Software
    Bforex offers multiple trading platforms. These include the web-profit, the profit trading and the trading app for iPhone. The platforms are highly adaptable, and the customers love the ability to customize their views. The platforms are available in multiple languages such as French, English, Spanish, Russian, Italian, Arabic, Polish, Dutch, Finnish and Turkish. The trading platforms are all web-based, which means you can trade even from the comfort of your living room.

    The trading platforms provide streaming news feeds, charting packages, trading signals, automated trading, trade from charts, market commentary, email alerts, mobile alerts, hedging, trailing stops, guaranteed stop loss, interest on margin, one-click execution, mobile trading and web-based trading.

    Deposits and Withdrawals
    The deposit options include money bookers, credit cards, paypal, wire transfer, western union, money gram, bank guarantee, custodian banks and debit cards. You can login to your account, verify your identity and deposit the needed amount.

    The withdrawal options include credit cards, Paypal, Money bookers, wire transfer, western union, web money and money gram. You can login to your account, and request an amount that is not on hold from any pending transactions.

    Customer Support
    The company offers customer support via phone, email and live chat. You can reach customer support on a 24/7 basis on all days. You can talk to experienced customer support personnel about opening new accounts, trading questions, deposits and withdrawals.

    Regulations
    Bforex does not follow the UK regulations. The UK customers are unable to access some of the financial services offered in UK.
    The company follows all the applicable laws and regulations wherever it operates locally.

    Leverage
    The leverage rate ranges from 1:50 to 1:300 depending on the account type. Bforex does not allow exposure to more than $30 million in any account. The leverage rate is pre-defined by Bforex when the client opens the account. The customer may request a lower leverage by contacting the customer support team. Bforex reserves the right to alter the leverage rate at any time. Bforex charges an inactivity fee of $100 every quarter.

    Promotions and Bonuses
    The company does not offer any bonus on deposits. However, it offers a bonus on initial deposits. Further, Bforex offers bonuses based on the volume of transactions. The company also offers various other bonus programs from time to time. 


    Visit Bforex Ltd's Website

Company Information
Broker's Name
Bforex Ltd
Headquartered in
London, England
Year Founded
2007
Regulating Authority
No Regulation
US Clients Accepted
No
Telephone Number
41 22 533 1281
Fax Number
41 22 594 8480
E-Mail Address
customer.service@bforex.com
Account Options
Type of Broker
Market Maker
Commission
Mini Account
Yes
VIP Account
Yes
Segregated Account
No
Islamic Account (Swap Free)
Yes
Demo Account
Yes
Institutional Accounts
Yes
Managed Accounts
No
Maximum Leverage
200:1
Minimum Deposit
$100
Deposit Options
Credit Cards, MoneyBookers, Wire Transfer, PayPal, Western Union, Neteller, WebMoney , MoneyGram, Bank Guarentee, Credit Card Deposit by Phone, Custodian Banks, Debit Cards, ClickAndBuy
Withdrawal Options
Credit Cards, MoneyBookers, Wire Transfer, PayPal, Western Union, Neteller, WebMoney , MoneyGram
More Instruments
Metals
Yes
Oil
Yes
Gold
Yes
Indices
Yes
Stocks
Yes
Commodities
Yes
ETFs
No
CFDs
Yes
Trading Platform
Platform Type
MetaTrader4, PROfit Platform, iPhone/iPad
Platform Languages
English, French, Spanish, German, Russian, Italian, Arabic, Turkish, Portuguese, Polish, Dutch, Swedish, Finnish
OS Compatibility
Microsoft Windows, Mobile, Web, iPhone
Streaming News Feed
Yes
Charting Package
Yes
Trading Signals
Yes
Automated Trading
No
Trade From Charts
Yes
Market Commentary
Yes
E-mail Alerts
Yes
Mobile Alerts
Yes
Scalping
No
Hedging
Yes
Trailing Stops
Yes
Guaranteed Stop Loss
Yes
Guaranteed Limit Orders
Yes
Guaranteed Fills
Yes
Interest on Margin
Yes
One-Click Execution
No
OCO Orders
Yes
Mobile Trading
Yes
Web-Based Trading
Yes
Customer Service
Customer Support Languages
English, French, Spanish, German, Russian, Italian, Arabic, Turkish, Portuguese, Dutch, Multi-lingual.
Customer Service Hours
24-
Place Trades Over the Phone?
Yes
Bonuses & Rewards
No Deposit Bonus
No
Bonus for First Deposit
Yes
Is the Bonus Based on the Volume of the Transaction?
Yes
Other Bonuses
Yes


English
Our Rating: 
0
No votes yet
Broker Type: 
Forex

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