BNFX Reviews and Comments 2020



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.

dasilio_spain   28 January, 2017  

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.

Amma K   27 August, 2016  

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.

Jim Gibbons   23 August, 2016  

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.


FXOpen
FXOpen Forex White Label

FXOpen's extensive experience and in-depth knowledge of the Forex market and customers' needs will ensure a successful operation for your own Forex business...

Forex brokers news
FXTM
Candlestick Strength Trading Strategy

Join experienced FXTM Trading Educator Robin Mazumder for the "Candlestick Strength Trading Strategy" webinar in Bengali. Participants will learn...

Seminars, webinars
Grand Capital
60 new cryptocurrency pairs on MT5

In 2018, we launched a new account type for trading in the MetaTrader 5 platform. This platform is known for its advanced features...

Forex brokers news
FXTM
China data point to economic stability

Asian stocks and currencies are mixed, despite global investors being given positive signals on the world's two largest economies. US retail sales...

Market analysis
Understanding Pivot Level Indicators

On all timeframes, without exception, support and resistance levels are of great importance. However, novice traders often do not know how to determine them...

Advanced Forex
Analyzing Cryptocurrencies: Key Notions

Today few professionals can boast of an impeccable trading process with cryptocurrencies - there are many nuances. In our article...

Advanced Forex
BNFX

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. BNFX runs a true No Dealing Desk model by offering two...

Regulation: FSPR, FMA

Rating & Review

Top 10 Forex Brokers 2020

200+ Forex Brokers