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Broker Review - BMFN.com Russia Based Broker

Broker Review of BMFN.com. BMFN.com broker is based in Russia, UK and Bulgaria. Below is a list of the most common questions about BMFN.com that traders ask about this broker.

BMFN - BOSTON MERCHANT FINANCIAL GROUP

Broker reviews - BMFN.com

Where is BMFN.com broker based

BMFN based in Russia, UK and Bulgaria, its address is:

Russia

Bolshaya Polianka Str 44/2,

Moscow,

119180,

Russia.

UK

9 Wimpole Street,

London,

W1G 9SR,

United Kingdom.

Bulgaria

98 Boulevard Bulgaria Floor 4,

7D-8D Sofia,

Bulgaria 1618.


Is BMFN.com a licensed and regulated broker

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

BMFN is regulated in Russia by Federal Financial Markets Service, FFMS, License Number 1220

BMFN is registered with FCA under FRN 563348

BMFN is regulated by Financial Supervision Commission, FSC, License number RG-03-220 and Registered with Bulgarian National Bank License Number BGR00195


What is the execution method of BMFN.com

BMFN provides two execution methods:

Market Maker dealing desk execution of orders

DMA, Direct Market Access STP Straight Through Processing, instant execution of orders


What are the account types of BMFN.com

Accounts provided are:

  • UniTrader Account
  • BMF MetaTrader 4 DMA Account
  • MetaTrader 4 CFD Account
  • BMF Pro Account
  • MetaTrader 4 FX Account
  • Currenex FX Account


Does BMFN.com have Islamic Trading Accounts

No, BMFN does not provide swap free Islamic Accounts


What are the terms for demo accounts for BMFN.com

BMFN provides a demo trading account for practice for MetaTrader 4 and Currenex forex trading platforms.


How is the withdraw and deposit process of BMFN.com

Bank wire, MoneyBooker, WebMoney, credit card and Neteller Money transfer methods are provided for deposit and withdraw of funds.


What is the minimum account opening capital for BMFN.com

$100 dollars is the minimum account opening balance


Does BMFN.com give an account opening deposit bonus

No, BMFN does not give an account opening deposit bonus


Does BMFN.com accept scalping

BMFN allows scalping trading


Does BMFN.com give free forex education to traders

This broker does not provide learn currency trading education for forex trading online.


What are the trading platforms of BMFN.com broker

UniTrader

BMF MetaTrader 4 DMA

MetaTrader 4 CFD

BMF Pro

MetaTrader 4 FX

Currenex FX

Mobile Trader


Is BMFN.com a MetaTrader 4 Broker

BMFN.com provides MetaTrader 4 software which is the best platform according to reviews.

The platform MetaTrader 4 can be downloaded from the forex brokers' platform.


Does BMFN.com allow automated trading

The broker automated trading policy on automated trading is:

BMFN allows Expert Advisors automated trading on their MetaTrader 4 DMA forex trading platform.


What are BMFN.com broker website information sections

The website information sections are:

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

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

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

CFD and Commodities trading section: for specifications about how to trade these financial instruments.