BMFN is regulated by VFSC and has been on the market since 1988. However, the broker offers a little choice of withdrawal and deposit methods. The recommended minimal deposit is 50 USD. The maximum level of leverage is 1:200. The company offers its clients a free demo account. If you are interested in partnership programs, Bmfn provides omnibus white and white label programs
Fouded
1988
Min deposit
50$
Min withdrawal
50$
Withdrawal fee
Credit card 20$, Bank Wire 50$
Inactivity fee
50$ per month after 12 months of inactivity
Min bet
0.01 lots
Max. leverage
1:200
Withdrawal of funds
3-5 working days
Asset type
CFDs, Forex, Crypto, Shares, Commodities
Regulated
ASIC, FMA
Deposit with credit card
Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers
Depositing with electronic wallet
Skrill
Withdrawal
Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers, Skrill
Avalaible plamform
MT4, WebTrader, IOS, Android
Company registration
BMFN EAD EU 98 Boulevard Bulgaria Floor 4, 7D-8D Sofia, Bulgaria 1618
Availability
Not available : The United States, Canada, Japan, Turkey, and Australia
Pros
Segregates client funds
Established in 1988
Regulated by ASIC
Min. deposit from 50$
Cons
Doesn't offer VPS
Limited range of instruments
Not FCA Regulated
Top 5 brokers
Alpari
- Foundation: 1998
- Leverage: up to 1:1000
- Min.Deposit: 20$
- Min withdrawal: 15$
eToro
- Foundation: 2007
- Leverage: up to 1:30
- Min.Deposit: 50$
- Min withdrawal: 30$
easyMarkets
- Foundation: 2001
- Leverage: up to 1:400
- Min.Deposit: 25$
- Min withdrawal: 50$
IG
- Foundation: 1974
- Leverage: up to 1:50
- Min.Deposit: 250$
- Min withdrawal: 100$
Plus500
- Foundation: 2008
- Leverage: up to 1:300
- Min.Deposit: 100$
- Min withdrawal: 100$