BostonMEX is a forex broker that offers online trading in a variety of currencies, including the Mexican Peso. The company is based in Boston, Massachusetts, USA and is regulated by the US Commodity Futures Trading Commission (CFTC). The company offers three types of accounts: Standard, Premium and VIP. All accounts come with a minimum deposit of $250 and leverage up to 1:200. Spreads start at 3 pips for the Standard account and 2 pips for the VIP account. In this review, we will take a look at the pros and cons of BostonMEX and see what other traders have to say about this broker.
BostonMEX is a forex and CFD broker that offers trading in a wide range of assets, including currency pairs, stocks, indices, commodities and cryptocurrencies. The company is headquartered in the United States and is regulated by the Commodity Futures Trading Commission (CFTC). BostonMEX offers two account types – Standard and ECN – with minimum deposits of $250 and $1000 respectively. Both account types offer leverage of up to 1:500 and come with a free demo account. Trading costs are competitive, with spreads starting at 0.0 pips on the ECN account type.
Pros and Cons of BostonMEX
BostonMEX is a popular online broker that offers trading in forex, CFDs, and commodities. The broker is headquartered in the UK and is regulated by the Financial Conduct Authority (FCA).
The main advantages of BostonMEX are that it offers a user-friendly platform, competitive spreads, and fast execution speeds. The main disadvantages are that it does not offer a demo account and has high minimum deposit requirements. Overall, we would recommend BostonMEX as a good choice for experienced traders who are looking for a reliable and user-friendly online broker.
The BostonMEX Review takes a look at the pros and cons of this online broker, as well as traders’ ratings. Overall, the broker is rated 4.5 out of 5 stars by its users, with the majority of reviewers rating it 4 or 5 stars.
Some of the positive reviews mention that BostonMEX offers competitive spreads, good customer service, and a user-friendly platform. One reviewer even went so far as to say that it’s the best broker he’s used. On the other hand, some of the negative reviews mention issues with withdrawals, customer service, and platform stability.
All in all, it seems that BostonMEX is a reliable broker with mostly happy customers. If you’re looking for an online broker, this one is definitely worth considering.
BostonMEX is a reliable broker with good customer support, tight spreads and a wide range of tradable assets. However, it does have some cons such as high minimum deposit requirements and limited account types. Overall, BostonMEX is a good broker for experienced traders who are looking for a reliable platform with good features.