Forex Broker

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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 3736)
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Author of Bforex: kenny | Date 2017-11-21
for 3 year trading with bforex, I can saya that there are reliable broker that provide good trading condition for me during trading activity. They provide me good trading condition that stable to run and they also have a good speed execution that take my order instantly after I click the order button. In addition, they also have a good spread start from 3 pips for major pair and the initial deposit also still affordable for newbie to make deposit and try their systems. I also like their website that provide me good trading information such as technical analysis, economic news and also educational sites for newbie. Every month I will made a withdrawal for 500 USD via credit cards and it only took around 3 days to complete the transaction. Bforex is a recommended and reliable broker from me.
Author of Bforex: Hunya | Date 2017-10-19
i have tried so many brokers before in the past years and didn't succeed but when my friend introduce Bforex, I did researched and tested their demo. It was good and I really like the tools that they offer. After several months of demo testing, I opened a live account with initial deposit of $50 via Mastercard which I am continuing to grow nicely.. Now possibly the best thing this broker has is it's customer service as they are more than just troubleshooting, they give training courses in basic strategies to work in the real market but they also assign someone to keep in regular contact through mail and even phone monitoring your accounts and giving feedback about how to improve your trading. I withdrew my money after a month of trading with 80USD profit (did just a few trades per week). Received my money next day on my bank account. I've had only positive experience with this broker. I am very grateful to them.
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.
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