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Although BMFN is rated highly by many happy customers in personal reviews, there is no information available on the BMFN homepage about any official awards received. BMFN Accounts A forex account that is held by the trader is normally given by the broker with the sole purpose of trading different currencies and market instruments. Usually, the number and type of accounts that a trader can open with a broker company differ according to the broker or country in which they operate.
Normally the country of residence of the broker would provide the regulatory authorities under which they would fall. Types of Accounts and their Features BMFN offers its clients only one trading account type: The Standard Account — This account requires a minimum deposit of 50 USD to start trading, it also offers you the leverage of up to and a floating spread starting at 2pips.
The maximum leverage of can only be attained after contacting the support team, while the default level is set at However, both levels are more than enough for a decent trading strategy. There are no commission fees and it gives you a hundred percent stop-out. Boston Merchant Financial Ltd. BMFN was established way back in , back then it already started to operate as a broker house in the United States stock markets. Awards gained by a brokerage by esteemed organizations do provide much more confidence in the world of forex.
Although BMFN is rated highly by many happy customers in personal reviews, there is no information available on the BMFN homepage about any official awards received. BMFN Accounts A forex account that is held by the trader is normally given by the broker with the sole purpose of trading different currencies and market instruments.
Usually, the number and type of accounts that a trader can open with a broker company differ according to the broker or country in which they operate. Normally the country of residence of the broker would provide the regulatory authorities under which they would fall. Types of Accounts and their Features BMFN offers its clients only one trading account type: The Standard Account — This account requires a minimum deposit of 50 USD to start trading, it also offers you the leverage of up to and a floating spread starting at 2pips.
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