BelforFx.com is an online broker that offers its services to clients all over the world
BelforFx.com is an online broker that offers its services to clients all over the world. The company has been in operation since 2006 and is headquartered in New Zealand. BelforFx is a member of the Financial Commission, an international organization that mediates disputes between investors and brokers.
The broker offers two types of trading accounts – Standard and ECN. Both account types offer leverage of up to 1:500 and a minimum deposit of $100. The Standard account provides spreads from 2 pips, while the ECN account offers spreads from 0 pips. BelforFx also provides a free demo account with $10,000 in virtual currency.
The broker uses the MetaTrader 4 (MT4) trading platform, which is available for desktop, web and mobile devices. MT4 is one of the most popular trading platforms in the world and offers a wide range of features and tools for technical analysis and automated trading.
BelforFx offers a variety of financial instruments including major, minor and exotic currency pairs, metals, CFDs on indices, energies and cryptocurrencies. The company charges no commissions on trades except for overnight swaps/fees.
Deposits and withdrawals can be made using credit/debit cards, bank wire transfer or e-wallets such as Skrill, Neteller or FasaPay. The minimum deposit amount is $100 and there are no fees for deposits or withdrawals.
The company is regulated by the Cyprus Securities and Exchange Commission (CySEC)
The company is regulated by the Cyprus Securities and Exchange Commission (CySEC). The company is also a member of the Investor Compensation Fund. CySEC is responsible for supervising the financial markets in Cyprus and was one of the first European Union countries to regulate binary options trading. The company’s compliance with CySEC’s regulations ensures that BelforFx.com provides a safe and secure environment for its clients’ investments.
BelforFx.com offers its clients a choice of two trading platforms: the MetaTrader 4 (MT4) and the Sirix web platform
When it comes to trading platforms, BelforFx.com offers its clients a choice of two: the MetaTrader 4 (MT4) and the Sirix web platform. Both platforms have their own advantages and disadvantages, so it’s up to the trader to decide which one is best for them.
The MetaTrader 4 platform is a popular choice among traders, due to its user-friendly interface and wide range of features. However, it is not suitable for mobile trading, as it does not have a mobile app.
The Sirix web platform is a newer platform that is designed for mobile trading. It has a sleek interface and is very user-friendly. However, it lacks some of the features offered by the MetaTrader 4 platform.
The broker provides its clients with a wide range of financial instruments, including forex pairs, CFDs on stocks,
The broker provides its clients with a wide range of financial instruments, including forex pairs, CFDs on stocks, commodities, indices and cryptocurrencies. All of these instruments are available for trading through the MetaTrader 4 (MT4) platform. In addition, the broker offers a web-based trading platform called WebTrader for those who prefer not to use the MT4 platform.
The minimum deposit requirement for opening a live trading account with BelforFx is $500. The maximum leverage that the broker offers is 1:400. The spreads on the EUR/USD pair start from 2 pips.
As far as regulations go, BelforFx is a member of the Financial Commission (FinaCom), an international organization that mediates disputes between brokers and traders.