Accepts US Clients: No
Min. Deposit: $100
Leverage: 200:1
Platforms: iPhone App , MetaTrader 4 , PROfit Platform

Broker Overview

bforex offers a large mix of FX trading, (45 pairs) but it also offers several different CFDs for stocks and indices, as well as gold, silver, and oil. Because of this, it is a good all-around trading solution for traders worldwide who are interested in trading various and diverse markets. It should be noted however, that the Markets.com dealer does not accept US-based clients.

Company Information

Broker’s Name Bforex Ltd
Website www.bforex.com
Headquartered in London, England
Founded in 2007
Regulating Authority  ForexTradingTime.com_ Forex Brokers List
US Clients Accepted  ForexTradingTime.com_ Forex Brokers List
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 No
Mini Account  ForexTradingTime.com_ Forex Brokers List
VIP Account  ForexTradingTime.com_ Forex Brokers List
Segregated Account  ForexTradingTime.com_ Forex Brokers List
Islamic Account (Swap Free)  ForexTradingTime.com_ Forex Brokers List
Demo Account  ForexTradingTime.com_ Forex Brokers List
Institutional Accounts  ForexTradingTime.com_ Forex Brokers List
Managed Accounts  ForexTradingTime.com_ Forex Brokers List
Maximum Leverage 200:1
Minimum Deposit $100
Deposit Options Bank Wire Transfer , ClickandBuy , Credit Card , Custodian Bank , Debit Card , Deposit by Phone , Moneybookers , MoneyGram , Neteller , PayPal , Webmoney , Western Union , Bank Guarantee
Withdrawal Options Bank Wire Transfer , Credit Card , Moneybookers , MoneyGram , Neteller , PayPal , Webmoney , Western Union

Bonus & Rewards

No Deposit Bonus ForexTradingTime.com_ Forex Brokers List
Bonus for First Deposit  Yes
Is the Bonus Based on the Volume of the Transaction?  Yes
Other Bonuses  Yes

Trading Platform

Platform Type iPhone App, MetaTrader 4, PROfit Platform
Platform Languages English, Italian, Spanish, German, Russian, French, Portuguese, Turkish, Dutch, Arabic, Polish, Finnish, Swedish
OS Compatibility iOS , Windows
Streaming News Feed  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  No
One-Click Execution  Yes
OCO Orders  Yes

Customer Service

Customer Support Languages English, Italian, Spanish, German, Russian, French, Portuguese, Turkish, Dutch, Arabic, Multi-lingual
Customer Service Hours 24h
Place Trades Over the Phone?  Yes

Bforex - Review

Impression

bforex offers a large mix of FX trading, (45 pairs) but it also offers several different CFDs for stocks and indices, as well as gold, silver, and oil. Because of this, it is a good all-around trading solution for traders worldwide who are interested in trading various and diverse markets. It should be noted however, that the Markets.com dealer does not accept US-based clients.

bforex-brokers-list

Trading Platforms

bforex uses the well-known MetaTrader4 platform, as well as the Mobile version of MT4. The dealer also has a proprietary platform called PROfit.

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Customer Service

bforex offers live chat, phone support, and a callback feature. There are numerous international numbers to call, and as such – numerous languages.

Reliability

Markets.com is considered to be a reliable dealer as it does thousands of transactions every week. The dealer has also been named “Best Financial Derivative Trading Provider 2010” by World Finance Magazine, and “Best FX Broker 2010 in Australia” by World Finance Magazine. This shows how important reliability and fairness is to this dealer.

Commissions and Spreads

There are no commissions as this dealer gets reimbursed through the spread in all markets.

Promotions

Markets.com offers deposit bonuses, and can add as much as $2,000 to a deposit depending on the initial size of the account. This of course is based upon a sliding scale and could be changed at any time. Make sure to check on the website before opening your account to see what kind of bonus you may be able to receive.

Conclusion

bforex is a good all-around dealer if you are looking to trade FX, as well as other markets. They have time-tested technologies in the MetaTrader 4 platform, and can be counted on to deliver various markets from around the world in a one-stop shop for traders to take advantage of the various opportunities available to traders in the markets.

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Pros:

  • Fixed spreads. This keeps the spread tight, which is one of your biggest expenses as a trader, and allows you to also profit from spreads as well – if they choose to news trade.
  • The MetaTrader 4 platform is well-known and reliable. It has been being used for years, and is very stable. The proprietary platform is also well-known for being reliable as well.
  • Accounts can be started with as little as $100.
  • The deposit process is simple and quick, as you can use Credit Card, Diner’s Club, JGB, Maestro, and Delta to fund your account. Withdraw can be done in reverse.

 

Cons:

  • Americans are not accepted.




 

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