Belforfx

  • Name:Belforfx
  • Website:
  • Location:New Zealand
  • Found in:2012
  • Regulation Authority:
Editorial Rating:
3.80
Accept US Traders:
Yes

BelforFx Review

About BelforFX

Belfor Capital Limited is a financial services company registered with the Financial Services Providers Register (FSPR) in New Zealand. The company offers the following service types to individual clients, corporations and institutions:

  • Asset management
  • Brokerage
  • Forex trading
  • Hedging
  • Savings

Belforfx.com is the Forex trading platform offered by Belfor Capital Limited. This BelforFX review will introduce you to this virtual service so that you can determine if it meets your current investment needs.

BelforFX Trading Specifics and Spread

BelforFX allows trading in currencies, CFDs, indices, stocks, and precious metals. You can also trade in corn, gas and other diverse products. The average variable BelforFX spread and fixed spread for EUR/USD trades is 3 pips. For GBP/USD trades, the average variable and fixed BelforFX spread is 4 pips. Some account types offer lower spreads than others.

BelforFx Spread Information

As you compare this BelforFX review with other trading platform reviews, you will find that these spreads are higher than many competitors.

BelforFX Trading Platform Review

BelforFX uses the MetaTrader 4 (MT4) platform for traders interested in using software that is downloaded to their computer. BelforFX mobile and tablet platforms are also offered through the Apple store and Android marketplace.

BelforFx Trading Platform Preview

BelforFX Mobile Trading

If you have a mobile device with access to the Apple store or Android market, you can download BelforFX mobile apps. These platforms are designed for busy traders who want to analyze the market and make secure trades while away from their computers.

BelforFx Mobile Preview 1 BelforFx Mobile Preview 2

BelforFXCurrency Information

There are more than 50 Forex currency pairs offered by the online trading platform in addition to more than 160 equities and over 50 CFDs. One account gives you access to a variety of trading tools and educational resources, but the number of currency pairs available depends on your choice of account. Learn more about available pairs for each account type later in this BelforFX review.

Demo accounts are available for those interested in learning about the Forex market before putting real money on the line. If you do want to open a trading account in 2014, you can take advantage of the BelforFX no deposit bonus which gives you a $25 credit with no deposit required.

Account Types at BelforFX

There are five account types offered from BelforFX.com:

 

Minimum Deposit

Commissions

Leverage

Available Currency Pairs

Standard Account

$100

None

400:1

40+

Silver Account

$500

None

400:1

40+

Gold Account

$2,500

None

400:1

50+

Platinum Account

$10,000

None

100:1

50+

VIP Account

$25,000

None

100:1

50+

Deposits and Withdrawals

You can use the following methods to complete deposits and withdrawals for your account:

  • Credit card (Visa, Mastercard)
  • Debit card (Visa, Mastercard)
  • Bank transfer

In most cases, withdrawal requests are processed into the same credit card or bank account that you use to deposit funds into your account.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.