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Bforex review

Year established: 2007
Country: Cyprus
Regulation: ASIC (Australia), CNVM (Romania), CySec (Cyprus) and Banco Central del Uruguay (Uruguay)
Payment options: Wire transfer and credit cards
Minimum initial deposit: $100
Smallest lot size: 0.1
Leverage: up to 1:200
Spreads: 3 pips on EUR/USD

About the company:

Bforex – an excellent quality of services and profitable quoting rates favorable for the experienced traders as well as for the novices. Bforex Company has a wide line of offers for the legal bodies starting from agreements with institutional broker and including engineers of White Label.

Bforex 8/10 (votes 3608)
Comments Interested in other brokers?
Author of Bforex: Bee | Date 2017-09-25
All services offered by Bforex are fast, specially withdrawals process, it's very competent and trustworthy. I joined Bforex in 2015 because I like their trading platform. Using this platform really help my order execution and some trading tools are pretty good for me, the execution is fast and the prices are real. My deposit and withdraw process are easy by the with WebMoney system and it takes in less than 3 days. Sometimes I had a problem with some closed positions during the night, but I didn't worry because the support team helped me easy and fast response. Bforex are honest and reliable broker, I recommend them to my all friends.
Author of Bforex: Tonyo | Date 2017-08-03
This is the first review that I ever made, but it is important that people should know my experience. I spent some time writing this. I have used this broker for several months now and no issues whatsoever. Their service is incredible for an online brokerage, and I am not the easiest person to deal at times. The support was really great because the issues I have had have largely been related to my own ignorance of how a true ECN works and they have offered to phone me or actually have whenever I have had an issue, and done so promptly. What impresses me he most is their fast execution, spreads and client service. I very much feel that they are an honest and transparent broker. Last week I pulled out some of my profits and that was fast also, I submitted a withdrawal and received confirmation within 3 hours that it was processed, the money was in my account the next day using Neteller. Highly recommended and not just for professional traders.
Author of Bforex: FxBindolo | Date 2017-07-13
Bforex is terrible broker. I trade many different styles, when it comes to trading news events, they are the worst in June the spread jumped 32 pips for NFP. They say that spread 3 pips on EUR/USD that is not true. Last week they were holding spread on EUR/USD 13 pip 15 minutes after news report. And often keep it at a high level till a long time after the trade. I have to switch my broker now.
Author of Bforex: Callas | Date 2017-06-26
Bforex is the best broker I have ever traded in forex, because I have experienced with this broker for 2 years. Thus, I don’t have to wait in a long time for getting my money back into my account, and I don’t have any issue with deposit and withdrawal. 3 days ago, I received 500$ in my account in 3 hours after I had made a request of withdrawal. Their withdrawal is so fast, and it’s awesome. My initial deposit was only 300$ and now I grow up to 1000$ in my account with BForex. In addition, this broker provides a lot of possibilities for newbies, as well as more experienced traders. Therefore, my skill have enhanced since I traded with Bforex. Their platform is also good and customer support has been whenever I need. Besides, this broker has lowest spread even during the news, no commission, no interests. Indeed, I don't have any complaints about trading forex with Bforex, so I will continue trading with them.
Author of Bforex: Yonce | Date 2017-06-06
During my trading career in 5 years, I can say that bForex is the worst broker I have ever worked among other brokers in forex market. First of all, their customer service is so terrible, because they never solve clients’ problems like me. Last year, I joined this broker, and I deposited 150$ in demo account. In that time, I also made profit – 50$, and everything was smooth with me including depositing and withdrawing. However, this broker made me so upset when I moved to trade in real account. For example: last week, when I logged into the platform and I withdrew 800$. Unfortunately, I could not login, so I couldn’t withdraw money. Therefore, I contacted their support, but I get no reply from them. Whenever I phoned they say they will solve my matter immediately, but I still get no money now. Bforex is really a cheater, and I lost all money with near 1000$. In conclusion, my advice gives traders that stay away this scammer – Bforex if you don’t want to risk your money.
Author of Bforex: vendi | Date 2017-05-05
I don't like them simply because they do not have an instant execution. Yeah, they have a very affordable spreads and provide real-time pricing but it's useless. For instance, when I tried to exit my order for EURUSD at 1.0983 an hour ago, my order was executed after 20 seconds. They honored my position when the price hit at 1.0982. This broker is very clever. I have a stable Internet connection, so I found no reason why my orders didn't honor instantly. . Be careful guys. And always compare the pricing table to the other broker to know if the price is real.
Author of Bforex: Dkumar | Date 2017-05-05
I have account with 130$ and I lost my money without trading, and still no any reply from support center , kindly Cyprus registered broker are froud ,they are criminal,
Author of Bforex: Bango | Date 2017-05-02
I recommend Bforex to all traders, especially if you are looking for a reliable platform to make money for yourself. I am an IB for the company, I have introduced a lot of clients and most of them have been able to win some money for themselves. One of my client has been able to make some little profits for himself with the help of the customer support of Bforex, he even confirmed to me that when he placed his withdrawal request for $500 last week, it was not delayed at all, within some few hours he got his money through wire transfer.
Author of Bforex: fxlomiv | Date 2017-04-18
I'm still puzzled by this broker. Many traders said that if the broker is a good broker and always respond quickly if there are complaints from traders. but I don't feel it because even when I send a message, this broker very long reply to my message. Many of the questions that I have given this broker about trading issues were very slow. These brokers also give a very short answer. They reply to my message after 5 days I send a message. Very slow service makes me hesitant to continue working with this broker. I seem to want to find a broker who can provide excellent service and quick response. Because if I always have this then all the trading process will be hampered.
Author of Bforex: Kamlesh | Date 2017-04-05
Bforex chitting borker I have experience I am not share in text message I will give contact no.00971505127833. and other no. Is 00919619061342.i am lost tomunch dollar because that bforex account manager .bforex like frode company.and your account there open please I request you colse now other wise bforex company do lost to you also and that company account manager tomunch chitting .
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