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.
Oil pushed its way up on Friday, managing to recover some of the sharp falls which occurred in the week, but oil is still predicted to have the worst first half decrease in 20 years regardless of continuing production cuts.Market analysis
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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I’ve been working on Normal for about a year cuz I started with it. If you work without connecting to the rebate, it probably seems that spreads are too large. Maybe it would've been like this, but there is instant fulfillment of the transactions...Review rating
I'm very happy to have chosen them for the moment. The platform is fast and it helps open/close operations in real time. The spreads are pretty low and this helps me because I open a high amount of operations. The account manager is to informed and...Review rating
I withdraw from the bonus account to webmoney. Everytime the withdrawal is brilliant. I hear webmoney signal in 20 minutes. Although I don’t like the three pips spread on euro/usd and the unfriendly swaps, there is no problem with the withdrawal and...Review rating
The classic brokerage house for manual trading. If you have never had anything about trading before, then this might be the right FX broker. I had few issues only with broker. First is about signal lost and my order wasn't executed by appropriate...Review rating
My problem is to get bonuses back, or at least withdraw my profit. The broker has its policy not to allow traders take all money from account even if it's your profit. I think it was my biggest mistake to open account here. There are actually...Review rating