The BeneForex Forex Brokerage is a leading online brokerage company. The company offers a range of trading services, including MetaTrader 4 and MT4 Mobile. It is also a hybrid broker, meaning it can be used for both a-book and b-book trading. The company is regulated by ASIC and is part of the Alpha Group. However, be aware that there is no way to confirm the accuracy of the information provided by the broker.
While BeneForex is an excellent platform for CFD and Forex trading, it comes with some risks, including substantial losses and gains. This online financial product has many violations of terms and conditions and suspicion of strafable actions. It is therefore important to consider the benefits and drawbacks of this trading platform before you begin trading. There are positive aspects and negative ones to consider when making your choice. Make sure you consult a specialist to protect your finances.
There are four different types of account to choose from. The Standard Account requires a minimum deposit of $100. It can have a leverage of up to 1:500 and trading starts at 0.01 lots. In contrast, the Mini Account requires a minimum deposit of $100. You can also use leverage of up to 1:500 in this account. You can also use a mini account, which requires a minimum of just a hundred dollars. The standard account is not leveraged and has a 0.01 lot minimum.
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