BenefFX Review

BenefFX is a forex broker that offers the Be-WebTrader and Be-Mobile forex trading platforms. With over 30 forex currency pairs, stocks, indices, commodities, gold, silver, oil, bitcoin, and other cryptocurrencies, BenefFX provides a wide range of options for personal investment and trading.

Broker Details

• Minimum Trade Size: 0.01
• Maximum Leverage: 400:1
• Minimum to Open Live: $250
• Established: Unknown
• Address: Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960, Marshall Islands
• Contact: [email protected], 442037576558
• Regional offices: None specified
• Regulators: None specified
• Prohibited countries: Unknown
• Trading platforms: WebTrader, MobileTrader (MobileApp)
• Web Trading: ✔️ Yes
• Mobile Trading: ✔️ Yes
• Currencies: Trading Instruments (30 )
• Cryptocurrencies: (50 ) Bitcoin, Litecoin, Ethereum
• CFD: (35 ) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities
• Trading Conditions: Managed Accounts & Social Trading
• Copy Trading: ✔️ Yes
• Deposit Methods: VISA, MasterCard, Bitcoin, Ether/Ethereum, Other Crypto Currencies
• Withdrawal Methods: VISA, MasterCard

Pros and Cons

Pros:

• Wide range of trading options
• User-friendly trading platforms
• Copy trading feature available
• Accepts various deposit methods including cryptocurrencies

Cons:

• Unknown establishment date
• No information about regional offices or regulators
• Limited withdrawal methods

Frequently Asked Questions

Q: Can I trade cryptocurrencies on BenefFX? A: Yes, BenefFX offers a variety of cryptocurrencies for trading, including Bitcoin, Litecoin, and Ethereum. Q: What is the minimum deposit required to open a live account? A: The minimum deposit required to open a live account with BenefFX is $250. Q: Is copy trading available on BenefFX? A: Yes, BenefFX provides a copy trading feature, allowing users to replicate the trades of successful traders. Q: What deposit methods are accepted by BenefFX? A: BenefFX accepts VISA, MasterCard, Bitcoin, Ether/Ethereum, and other cryptocurrencies as deposit methods. Q: Are there any regional offices or regulators associated with BenefFX? A: There is no information available regarding regional offices or regulators associated with BenefFX.

Safety Check

As an independent review, it is important to conduct thorough research and due diligence before engaging with any forex broker. While BenefFX offers a range of trading options and user-friendly platforms, the lack of information about its establishment date, regional offices, and regulators raises some concerns. Additionally, the limited withdrawal methods may be inconvenient for some traders. It is recommended to carefully consider these factors and seek further information or reviews from other sources before making any investment decisions. If you have any experience working with BenefFX, we encourage you to leave your feedback on the forexroboteasy.com website to help others make informed decisions.