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BNFX Review and Information 2024

BNFX Information and Review BNFX
Voting Rating BNFX does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Status Closed
Regulation FSPR, FMA
Trading software MetaTrader 4 (MT4), Integral Power Trader
Headquartered L20 188 Quay Street, Auckland Central, Auckland, 1010, New Zealand

Currency trading is about freedom. The freedom to choose a trading platform that suits your needs; the freedom to scalp or use any trading strategies that suit your personality; and... the freedom to choose a broker who wins when you win. When our company founders entered the FX industry with an initiative to provide individual Forex traders with the best trading conditions among online brokers, we faced an uphill battle. From the start, the retail currency trading industry was designed from the ground up to bet against the success of the independent trader -- our customers -- while our goal was to stand out from their business model.

Following a number of corporate re-structures, along with changes in our institutional business arrangements, we ultimately found the only solution that truly encompasses what we had originally set out to provide as a service to individual FX traders: a revolutionary algorithmic cloud-based ECN for Spot Forex trading.

The Forex market is the world's largest financial market by daily traded volume and there is no reason to keep currency trading exclusively among a small circle of the world's financial elite. Rise up and claim your share of the world's most liquid financial market. We provide a new breed of currency trading services. As a partner of the first exchange for Forex, we offer a lower barrier of entry to tight interbank spreads, low commissions, and VIP trading conditions without conflict of interest. Whether you're an individual trader or a small professional trading group, we're here to provide you with unmatchable solutions.

Today's Best in ECN Forex Broker Conditions

  • Tight Interbank FX spreads
  • A Global Cloud-based ECN
  • Fast, One-Click Trading
  • Leverage up to 1:100
  • DeskTop, Mobile and Web Trading
  • Automated Trading ALLOWED
  • Scalping ALLOWED
  • Credit Cards accepted

We offer the best in ECN forex broker conditions to traders around the world, and your choice of trading platform is no different. We're here to provide you with the professional trading solution you've been searching for. We currently offer a choice of two stable and reliable online Forex trading platforms in the markets today:

BNFX X Station is our custom edition of today's most revolutionary professional-grade online FX trading software. BNFX X Station was designed for advanced currency traders who prefer more control, flexibility, customisations, and speed than traditional retail trading software packages. It was designed from the ground up as an ECN/STP platform -- no bridge is necessary for us to connect X Station to our interbank forex pricing aggregation system.

With true one-click trading on Level 2 market depth/order book views, built-in trading calculator, in-platform economic calendar, customisable layouts saved in the cloud, and a direct connection to the BNFX liquidity infrastructure, BNFX X Station is the cutting edge solution for professional traders, active FX scalpers, and fund managers around the world.

MetaTrader (MT4) was originally developed by MetaQuotes for dealing desk brokers. Using Integral's MT4 Bridge software, we are able to offer you our cutting edge implementation of MetaTrader with live servers connected to our institutional liquidity providers. Use the software you're familiar with, including all the custom MQL (MQ4) scripts, Expert Advisors (EA's, robots), and custom indicators in a true ECN/STP No Dealing Desk environment.

BNFX Trading Information 2024


WWW https://www.bestecnz.com/
Address L20 188 Quay Street, Auckland Central, Auckland, 1010, New Zealand
Headquarters New Zealand
Free phone +64-9-887-4112
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Copy trading
Automated trading
Daily analysis
Demo account
24/5 trading
Scalping
Hedging
PAMM
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Fixed
Pip spread on majors 0.1-3
Maximum Leverage 100
ECN, $ 1000
Standard account, $ 250
Mini account, $ 100
Popular payment methods Moneybookers, Perfect Money, Credit Card, Wire Transfer, OKPay, PayPal
Account currencies EUR, USD, GBP
Available assets Forex, Gold, Shares, Indices, Futures, Commodities
Languages English
Platforms MetaTrader 4 (MT4), Integral Power Trader
Broker type Broker
Regulation FMA
Foundation 2010

BNFX Traders' Reviews

Why you shouldn't choose BNFX& I'll tell ypu. I, a completely inexperienced trader, was led (like many others) to tempting offers of training, accurate SMS signals and the help of a personal analyst. And for this I want to honestly say BNFX many thanks! Because, although I lost the first $1000 through them and thanks to them, but it was a lesson for me for life - never trust analysts, always check the signals, and not stupidly follow them and you need to learn yourself, and not hope that others will put into your head what they themselves do not have! By the way, when I lost my deposit and told my manager that it happened thanks to their signals, he told me - "Well, who believes the signals?". That's exactly what he said. So my review of BNFX is not flattering.
  4 Apr 2023  

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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.
  28 Jan 2017  

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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.
  27 Aug 2016  

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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.
  23 Aug 2016  

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