Broker BFB Capital: Updated Review and Services
Established in 2018, BFB Capital is a company that grants clients access to the global Forex market for trading activities, ensuring uninterrupted access to over-the-counter transactions.
While the website offers information in English and Russian, it lacks educational materials. The site does provide the latest economic news in the analytical segment.
Customer support can be reached via email or phone numbers listed on the website. Nevertheless, the absence of an online chat feature may impede swift issue resolution.
Benefits of Choosing BFB Capital:
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Diverse Range of Instruments: Access to over 1600 asset types, including precious metals, currency pairs, and stock indices.
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Reliable Regulation: The company is regulated by the National Bank of the Republic of Belarus, ensuring operational stability.
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Swift Order Execution: Utilization of SPT technology for rapid transaction processing.
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No Requotes: Ability to execute transactions at fixed prices without reevaluation.
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Convenient Trading Platforms: Availability of MetaTrader4 and xStation5 for client ease.
Legal Details and Contact Information:
BFB Capital is registered with the National Bank of the Republic of Belarus under No. 13 dated 05.11.2018. The company address is 220030, Republic of Belarus, Minsk, Internatsionalnaya Street 25a, office 309.
Noteworthy: More than 50% of funds are securely kept in a separate bank account to ensure client safety.
Trading Terms:
The broker provides an extensive range of trading instruments, encompassing currency pairs, stock indices, and CFD contracts. STP technology guarantees automated order execution.
Trading Account Options:
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BFB Standard: No restrictions on minimum deposit and zero trading commissions.
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BFB Pro: Requires a minimum deposit of $1000, with a $4 commission per trade and a maximum leverage of 1:200.
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BFB Absolute: Account opening entails a deposit of $10,000, with a $4 commission per trade.
Registration and Personal Account:
To commence trading, registration on the website is mandatory, entailing the provision of personal details and completion of the verification process.
Traders gain entry to a personal account for account management and learning via a demo account.
Deposits and Withdrawals:
Transactions are conducted through the personal account using bank cards or transfers. Clients can fund their accounts at Alfa-Bank branches in Belarus.
Belarusian residents are obligated to pay income tax upon profit withdrawal, while non-residents are subject to a 30% tax.
Undoubtedly, BFB Capital presents extensive trading opportunities within the Forex realm. However, it is crucial to acquaint oneself with the company’s policies and legal framework before commencing any operations.
This review has been prepared by the specialists at ExpertsReview.