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BeamFX.com USA Based Forex Trading Broker Review

Below is a Forex review of online forex broker BeamFX.com. BeamFX.com broker is based in the USA. Below is a list of the most common review questions that traders ask about this online forex broker.

 

BeamFX is owned by Beam Financial Group LLC

Forex Broker reviews - Forex Reviews of BeamFX.com

 

 

Where is BeamFX.com currency broker based

BeamFX is based in the United States of America, its address is:


60 N Park Avenue,
Suite # 201,
Rockville Centre,
New York,
NY 11570,

USA.

 

Is BeamFX.com a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker can be found on the brokers’ website.

 

Regulated by National Futures Association, NFA; NFA ID number 0410159

 

 

What is the execution method of BeamFX.com

STP, Straight Through Processing of orders with no requotes.

 

BeamFX regulation by NFA and CFTC means BeamFX implement FIFO, First In First Out, Traders must open trades in the same order and close trades in the same order, therefore you need to program this on your expert advisor if you trade with automated trading robots.

 

Forex Brokers Ratings - What is the Ranking of this Broker

The forex broker rating of this broker can be found on this forex brokers comparison listing:

 

What are the spreads of BeamFX.com

The Forex broker spreads are:

 

Spreads

Currency

Spread

EURUSD

1.4 pips

GBPUSD

1.7 pips

USDJPY

1.3 pips

USDCHF

1.8 pips

 

Financial Instruments provided for trading by BeamFX.com

Currencies

Metals

 

What are the forex account types of BeamFX.com online broker

  • Individual Account

 

 

Does BeamFX.com broker have Islamic Forex Trading Accounts

BeamFX does not provide swap free Islamic Trading Accounts

 

What are the terms for demo accounts for BeamFX.com

$100,000 dollar demo trading account is provided for practice currency trading by BeamFX

 

How is the withdraw and deposit process of BeamFX.com

Bank wire and credit card money transfer methods are provided for withdrawing and depositing of funds.

 

Recommended Forex Broker

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Top Forex Broker: Read The Review "Top Forex Broker Review"

 

What is the minimum account opening capital for BeamFX.com

$2,500 is the minimum account opening deposit

 

Does BeamFX.com give an account opening deposit bonus

No, BeamFX does not give an account opening deposit bonus.

 

What is the security and reliability of BeamFX.com

What is the Forex broker ratings for BeamFX.com security and reliability

 

BeamFX is regulated by the NFA.

 

Does BeamFX.com accept scalping

BeamFX allows scalping trading.

 

Does BeamFX.com give free forex education to currency traders

This broker provides learn currency trading education for learn trading online.

 

BeamFX provides one on one education and mentoring classes to beginner Forex traders.

 

What are the trading platforms of BeamFX.com currency broker

Metatrader4

Android Trader

iPhone Trader

 

 

Is BeamFX.com a MetaTrader 4 Forex broker

BeamFX.com provides metatrader4 software which is the best currency platform according to tradersreviews.

 

This trading platform MetaTrader 4 can be downloaded from the broker’s website.

 

 

Does BeamFX.com allow automated forex trading

The broker automated trading policy on automated forex trading is:

BeamFX allows Expert Advisors Automated forex trading on their Metatrader4 platform.

 

 

What are BeamFX.com broker website sections

The website sections of this trade broker are:

 

Forex Trading Accounts Section: where currency traders will find information about accounts such as demo practice account and live accounts provided by this currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.

 

Forex Trading Platforms Section: this section provides currency platforms where a trader can choose one for trading online.

 

VPS section for VPS hosting and Expert Advisors automated forex trading solutions.

 

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Top Forex Broker: Read The Review "Top Forex Broker Review"

Regulated Broker

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