bforex Reviews and User Ratings

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bforex Special Bonus


Special Bonus

Withdrawal of bonus funds is contingent upon generating 5000 times the volume of

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bforex General Information


Broker Name
bforex
Established
2007
Country
England
Min Deposit
$100
Max Leverage
1:200
Regulation
No Regulation
Email
customer.service@bforex.com
Telephone
+44 203 514 0458
Fax
+44 207 806 8094
Website Language
English, French, Russian, Spanish, Arabic, Turkish, Hindi
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Yandex Money, Qiwi, OKPay, Skrill, Neteller, CashU, Sofort
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Yandex Money, Qiwi, OKPay, Skrill, Neteller, CashU, Sofort

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Description


bforex Background

Founded in 2007, bforex.com is a England based forex broker, with offices in 18 locations around the world.  They offer clients a large mix of FX pairs, CFDs for stocks, indices, as well as precious metals. The broker has won several awards for Forex, including the “Best FX Broker 2010” for Australia and Latin America.bforex offers investors a proprietary trading platform and a web based platform for clients, both of which are easy to navigate. Financial news is streamed directly to the easily customizable web platform. The broker also offers a mobile application where traders can receive live currency quotes, view graphs, edit their positions and place trades. Traders signing up for an account can select to trade from over 45 currency pairs. bforex offers only one standard account, but a demo account is available for practice.

Features of bforex

bforex offers its clients some of the most competitive spreads in the market and accounts can be opened with as little as $100. They have a vast amount of information through their BForex Academy. There are instructional videos, archived webinars, technical analysis and chart reading, and lessons on a variety of subjects for both new and advanced traders. Their economic calendar lists events and indicators like most economic calendars, but also includes charts of each event and descriptions of how the event may affect the market. New account holders are assigned a personal “forexpert”, a personal account manager to discuss trading concepts and strategies 24 hours a day, 7 days a week. bforex seems to cover all customer service bases with its regulation. Customer support is provided 24 hours a day, 6 days a week. Representatives are available in multiple languages and may be contacted by phone, live chat, call back and email.

Conclusion

All in all, bforex has many good qualities and would be good for any trader to look into.

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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros


PROS:

The educational offerings are a huge pro for both novice and experienced traders. The relatively low minimum account fee and tight spreads are also in the broker’s favor.

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Account Type


  • Minimum Account Size: $250
  • Spread: High/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Oil, Stocks, Indices, Metals, Commodities
  • Trading Platforms: Web-Profit Platform, Mobile Trading

  • Minimum Account Size: $100
  • Spread: High/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Oil, Stocks, Indices, Metals, Commodities
  • Trading Platforms: Web-Profit Platform, Mobile Trading

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bforex Review Score


bforex Reviews and User Ratings
6.4 Total Score
5 reviews
Add your review
Web Design
6.4
Reliability
6.8
Platform
6.4
Customer Support
6.4
Withdrawal
6.4
Broker Name
bforex
Established
2007
Country
England
Min Deposit
$100
Max Leverage
1:200
Regulation
No Regulation
Email
customer.service@bforex.com
Telephone
+44 203 514 0458
Fax
+44 207 806 8094
Website Language
English, French, Russian, Spanish, Arabic, Turkish, Hindi
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Yandex Money, Qiwi, OKPay, Skrill, Neteller, CashU, Sofort
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Yandex Money, Qiwi, OKPay, Skrill, Neteller, CashU, Sofort
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
bforex Reviews and User Ratings
6.4 Total Score
5 reviews
Add your review
Web Design
6.4
Reliability
6.8
Platform
6.4
Customer Support
6.4
Withdrawal
6.4

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5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    MaitaBalita
    March 19, 2016 at 2:00 am
    3.9
    Web Design
    80
    Reliability
    80
    Platform
    80
    Customer Support
    80
    Withdrawal
    70

    Being exclusively online does not mean Bforex sacrifices either accessibility or live hand-holding. In addition, the PROfit for iPhone application enables trades from the Apple handheld’s. The app is an excellent demonstration of customizable layout/GUI, advanced charting tools and a live streaming news feed directly to the platform. The mobile platform also offers built-in Stop and Limit orders, no slippage and the tightest spreads.

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  2. Reply
    DancingMike007
    February 18, 2016 at 9:00 pm
    3.5
    Web Design
    70
    Reliability
    70
    Platform
    70
    Customer Support
    70
    Withdrawal
    70

    Clear inducements to sign up easily – just one’s name, PW, email address, country of origin and verification code – and one gets to try out the service with a $100,000 demo account, open a trading account for real with up to1:200 leverage and a broad selection of over forty currency pairs.

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  3. Reply
    Betty Cripes
    September 19, 2015 at 9:45 am
    4.3
    Web Design
    90
    Reliability
    90
    Platform
    80
    Customer Support
    80
    Withdrawal
    90

    Bforex is one of the few that operate exclusively online, without the need to download the MT desktop or mobile platform. Akin to purchasing Software as a Service (SaaS), such a move has been many years coming, preceded by downloadable ERP and CRM. The only requirement is that being that the vendor has to enforce hyper-strict security protocols since both buyer and source have money to lose.

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  4. Reply
    James Reed
    May 19, 2015 at 3:00 pm
    3.1
    Web Design
    50
    Reliability
    60
    Platform
    60
    Customer Support
    70
    Withdrawal
    70

    Clearly, the company vision of Bforex centers on granting clients maximum independence and mobility. This comes on top of flexibility, accessibility and availability, in addition to sophisticated and innovative tools necessary to become a successful trader.
    All in all, Bforex lives the purpose of forex expertise by focusing on company values, transaction fairness, leadership, innovation, excellence and being customer centric.

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  5. Reply
    RockstarTeddyNirvana
    February 13, 2015 at 12:45 pm
    1.4
    Web Design
    30
    Reliability
    40
    Platform
    30
    Customer Support
    20
    Withdrawal
    20

    Being in an American jurisdiction, Bforex is subject to Anti-Money Laundering constraints of due diligence. To prevent the suspicion that cash flows are being diverted from illegitimate enterprises (including fraud, theft, illegal gambling, and drug trafficking), new clients must provide legal documentation to verify one’s name, personal details and location. This can get tedious, such as requiring a copy of your passport or I.D. (Front and back.), a copy of all credit cards used to make a deposit. (Front and back.), a bank statement – RIB, a full utility bill with your first and last name, as well as your address, and a designated account beneficiary name.

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