BoForex Journal
| Journal status: live BoForex joined in | not yet |
BoForex Profile
Website
Year
2014
Country
SVG
Branches
3
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Australia, Bonaire, Brazil, Curacao, East Timor, Guinea-Bissau, Indonesia, Jan Mayen, Japan, Liberia, Micronesia, Northern Mariana Islands, Saipan, Sint Eustatius, Sudan, Svalbard, Tahiti, Turkey
Broker type
MM, ECN marketing
Dealing book
B-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
BoForex Accounts
MM
ECN
Minimum Deposit
100 $
100 $
Leverage
2000 : 1
2000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
2 pips
0.6 pips
Commission
0 $/lotRT
0 $/lotRT
Volume
1000 lots
1000 lots
Margin Call
20 %
20 %
Stop Out
20 %
20 %
Execution
Instant
Market
Spread
fixed
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Bitcoin, Payza, Perfect Money
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: BoForex broker profile
Is BoForex safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is BoForex trusted?
- Information transparency: poor
★ - Customer service: prompt, helpful
★★★★★ - BoForex website: uninformative, updated
★★ - BoForex popularity (by visitor count): average
★★★
How BoForex works
There are two types of forex trading Accounts offered by BoForex that is Fixed Accounts and ECN Accounts.
https://boforex.com/account-types/
The use of Arbitrage EAs (Expert Advisors) is strictly prohibited. Any instance of incorrect price execution or the use of ROBOTs, EAs, and INDICATORS to manipulate the system will lead to the removal or reversal of such trades from the client’s account.
https://boforex.com/trading-conditions/
No Client Agreement found on the website.
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