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BMFN Review
BMFN general information
Founded in: | 1988 year |
Headquarters: | United Kingdom |
Offices in the country: |
Australia, Bulgaria, Egypt, China, Kuwait, New Zealand, United Arab Emirates, Russia, Ukraine |
Minimum Deposit: | 0 $ |
Website: | www.bmfn.com |
Website languages: |
English, Arab, Spanish, Chinese, Russian |
Execution model: | NDD, DMA |
Deposit currency: | USD, EUR, AUD |
Support languages: |
English, Arab, Spanish, Chinese, Russian, Ukrainian |
Regulated by: |
ASIC (Australia) license №ABN 14 145 FCA (United Kingdom) license №563348 FSP (New Zealand) license №FSP328066 FSCS (United Kingdom) license №RG-03-220 |
Mobile trading: | iOS, Android |
Types of offered accounts: |
Unlimited Demo Accounts, Standard Accounts, Segregated accounts |
Trust management: | LAMM, MAM |
Affiliate program: | Not |
BMFN Forex broker description
Boston Merchant Financial Ltd
Trading accounts of BMFN
- UNITRADER
- MT CFD
- MT FX
- MT DMA
Minimum Deposit : | 50 $ |
Deposit currency : |
USD - US Dollar EUR - Euro AUD - Australian Dollar |
Trading instruments:
| Forex1:400
Number of currency pairs: 22
CFD's1:33 Amount of assets : 90
Metals1:33
Energy sources1:33
Stock exchange
|
Stop Out:
| 100 % |
Minimum position size:
| 0.01 лотов |
Execution type:
| Market Execution |
Swap Free:
| Not |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 110 % |
Commission:
| Not |
Phone trading:
| Not |
Trading platforms: | MetaTrader 4, Meta Trader 4 Mobile |
Minimum Deposit : | 0 $ |
Deposit currency : |
USD - US Dollar EUR - Euro AUD - Australian Dollar |
Trading instruments:
| Forex1:400
Number of currency pairs: 22
CFD's1:33 Amount of assets : 90
Metals1:33
Energy sources1:33
Stock exchange
|
Stop Out:
| 100 % |
Minimum position size:
| 0.01 лотов |
Execution type:
| Market Execution |
Swap Free:
| Not |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 4 characters |
Margin Call:
| 110 % |
Commission:
| Not |
Phone trading:
| Not |
Trading platforms: | MetaTrader 4, Meta Trader 4 Mobile |
Minimum Deposit : | 50 $ |
Deposit currency : |
USD - US Dollar EUR - Euro AUD - Australian Dollar |
Trading instruments:
| Forex1:400
Number of currency pairs: 22
Metals1:33
Energy sources1:33
|
Stop Out:
| 100 % |
Minimum position size:
| 0.01 лотов |
Execution type:
| Market Execution |
Swap Free:
| Not |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 4 characters |
Margin Call:
| 110 % |
Phone trading:
| Not |
Trading platforms: | MetaTrader 4, Meta Trader 4 Mobile |
Minimum Deposit : | 50 $ |
Deposit currency : |
USD - US Dollar EUR - Euro AUD - Australian Dollar |
Trading instruments:
| Forex1:400
Number of currency pairs: 22
Metals1:33
Energy sources1:33
|
Stop Out:
| 100 % |
Minimum position size:
| 0.01 лотов |
Execution type:
| Market Execution |
Swap Free:
| Not |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 110 % |
Phone trading:
| Not |
Contacts of BMFN
Recent customer reviews of BMFN
Advantages: Nothing
Disadvantages: They close all your trades and take away all your money
Comment: Its a scam company. They dont put trades in the market. They open an account make the spreads bigger and close all your trades saying margin is low
Advantages: I WAS ABLE TO RECOVERY MY FUNDS
Disadvantages: NIL
Comment: Hello everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible. But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000. I read an article on (reddit) as regards to a recovery expert and genius so I reached out to SCAM RECOVERY SITE, and to my surprise I got all bitcoins recovered within 24hours frame. I don’t know if I’m allowed to share the links on here but you can contact them if you are finding it very difficult to withdraw your funds at, Scamrecoverysite at fastservice dot com All thanks to them.
Advantages: Good interface and smooth experience
Disadvantages: Higher entry fee comapred to the others
Comment: I didn’t want to post a review until I was sure I’d seen everything BMFN had to offer. Long story short, I’m not looking for another broker any time soon. Here I managed to open swap-free accounts fast, make online deposits and get really comprehensive trading reports. Still, there are some things I wish they did better. For one, maximum leverage is only 1:400, which is fine for most traders, but I know brokers with leverage as high as 1:2000. For another, they do have a minimum deposit, and it’s $50. It’s not much, but it may be a surprise if you’ve been convinced you can start trading with as little as $5. What I like about this broker is the minimum lot of 0.01, steady customer support experience, and intuitive trading interface of the mobile and web apps.