I have a real account since 2011. Broker is not perfect, but it's definitely working on improving all services. I don't wanna make review about this firm, but i remember a few events of margin call, bnfx didn't close all positions, giving me an advantage while avoiding large expenses to re-enter positions after depositing required funds. I also think it is a good firm for trading on news by using limit orders. Spread is wide but not that much to lose opportunities of market conditions.
Hey, Jim. You have nothing to worry about size of the company. It is not actually a big problem. You've better focus mostly on your own trading method and money management. You won't have requotes or wide spreads. I have a very positive experience and will move all my funds from another broker to this one. Remember, that it's regulated company. You have quick withdrawal and account opening process. Very fast to make deposits. I don't want to recommend this broker, but I don't regret about my choice and feel comfortable trading through bnfx.
It looks like a small brokerage firm. I'm looking for some reliable broker to open an account. As I said, bnfx looks like a company that has standard and ECN types of accounts. In support, manager said that they have no commissions if I have STP account. He also told me that company holds all funds in segregated accounts and there is no risk of my deposit. After a couple of weeks, I opened a demo account. It's working well and I see no technical issues. I think it's time to switch for real money trading. But I'm little nervous about size of the broker and lack of comments how people trade with bnfx. Please, share your experience.
Choosing a broker on the basis of web advertising is not an easy task, as this doesn't indemnify traders from any problems after having registered with this company. It's been said a lot about ways and principles of making the right choice, for example, in regards of BNFX, and these articles can be found in the special section of our site. Opinions of regular traders are of no less importance, as these people have already been trading with this broker of a certain period of time.
Traders write realistic comments on BNFX, reflecting quality of the provided services as well as level of attention to the clients. Of course, these opinions cannot be taken directly as the guideline to follow, as it is not possible to meet everyone's demands at the same time, but in any case they help creating an overall company image. Consider traders' reviews about BNFX along with other factors, and you'll be able to choose a broker meeting your personal requirements.
Bestec Networks FX (BNFX) is committed to bringing tight spreads and fast execution to the masses through the Integral FX Grid, a global inter-institutional network that connects leading market-making banks to currency market participants. A True ECN/STP Forex Broker BNFX runs a true No Dealing...
Regulation: FSPR, FMABNFX trading information
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Broker has many trading platforms. Many educational materials and webinars in access. My transition from demo to real account was gradual and without dramatic losses. In some cases, I had personal manager, so it was useful in developing my own...Review rating
A good broker, atleast I don't have anything bad to say about it. They are far from newbies on the forex market, a good regulator. There are plenty of instruments here, over 500. Withdrawals to bankcard take 2-3 days, which is standard, right now I...Review rating
I've always seen negative comments about this broker regarding withdrawal. I also experienced some delays every now and then, but instead of just randomly ranting about their service, I discussed the issue with my broker. I had always requested for...Review rating
I have no doubt about this broker because I have been working here for more than a year and have never had any problems. Besides this FxPro won a lot of forex awards and they are regulated by international financial authorities that are well-known...Review rating
Very respectful company based in Germany. Regulated by BaFin and has no cases in violating regulatory rules. In addition, this is the bank that provides brokerage services so company has no reasons to risk its reputation by providing bad FX service....Review rating