Paul: BMFN is a Forex Broker offering its products and services in the countries where we are licensed or where customers are allowed to purchase our products. Since China put an end to this product in China we are definitely done having an office in China in its current form. However, for BMFN Forex is not the only product in our organization. China is very important to our organization and ... Add Review. Views: 19 Reviews: 0. BMFN was created in 1988. As a trading platform, the broker uses the MT4 terminal. The broker's activities are regulated by ASIC, the company does not support cooperation with customers from the US. The company's website is available in 5 languages. You can contact company representatives by e-mail, telephone or online chat. The minimum deposit is $50, the ... BMFN has offices in Sofia (Bulgaria), Sydney (Australia), Kuwait City (Kuwait), Riyadh (Saudi Arabia), Madrid (Spain), and Moscow (Russia). The client can contact specialists by phone, email, or live chat. The support service works around the clock. If you have already worked with the broker, then leave your review. It will help other traders ... Forex Industry Week Review: Retail FX broker launch, Hantec’s new website, BMFN and Investoo acquire, and lots more… Market News September 17, 2017 —by LeapRate Staff 0 Share on Facebook BMFN is the biggest scam of all forex companies. The have stolen 70 k from my account. If you have funds with them please remove your funds as soon as possible. They do not reply to your email. I know a LOT of people whom BMFN has refused to refund their deposits. Post # 11; Quote; Sep 20, 2017 5:57pm Sep 20, 2017 5:57pm Phil1234 Joined Mar 2016 Status: Member 98 Posts. Why not just go ... Summary. TradeForexSA does NOT recommend Boston Merchant Financial Group due to insufficient regulation. We suggest that you find an alternative regulated broker governed by processes designed to protect your funds. Supplying customers with MT4, but minimal educational material and regulatory oversight over their accounts, there are more attractive places for beginners to start than BMFN. Forex brokers offer trading in Forex, not Forex websites, although all brokers have websites. The best Forex broker for you will depend upon how much money you want to deposit, what you want to trade, how often you want to trade, and your overall risk tolerance. Your country of residence and citizenship can also play a role in answering this question.
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