Bohua Technology-Overview of Minimum Deposit, Leverage, Spreads

General Information

Registered in the United Kingdom, Bohua Technology is brokerage firm, offering an array of trading options in the global markets, including currency pairs, precious metals and more through the advanced MT5 trading platform. To give its clients a better trading experience, Bohua Technology offers 5x 24 full time customer support, up to 1:100 leverage as well as high credit bonus.

Market Instruments

Traders who invest with this broker will have access to the five major trading markets regardless of where they are. A bull of trading assets includes currency pairs, precious metals, indices, crude oils, crypto currencies and more. You can choose among these popular options based on your trading preference.

Leverage

The maximum trading leverage offered by Bohua Technology is up to 1:100. Some people may hold that this level is conservative, however, leverage can magnify gains as well as losses. It is essential that forex traders select the level of leverage that they feel most at ease with. Professional traders and scalpers prefer to use high leverage to increase their chance of profitability.

Spreads & Commissions

Bohua Technology says that it offers a low spread trading environment, with spread on major pairs as low as 0.0 pips. Spreads are used to compute all trading costs by traders now, so brokerages who offer competitive spreads are in significant client demands. No commission details are mentioned on this brokerage website.

Overnight Interest

Traders should consider overnight interest as an additional cost if you plan to hold your position overnight. With Bohua Technology, if you hold an EUR/USD position of one standard lot, your trading account will calculate the amount of overnight interest earned (or paid) per the overnight interest quotation of the day. For instance, the quotation of overnight interest for the buy and sell for the EUR/USD pair on the same day is -2.1/-3 which means: Buy 2.1 overnight interest on USD, Sell 3 overnight interest on USD.

Trading Platforms Available

Bohua Technology offers its clients to trade on the leading MT5 trading platform that can be accessed on any device. In addition to providing access to currency and stock market trading, MT5 also allows users to perform technical and fundamental analysis, and it is a fantastic choice for experienced traders thanks to its extensive set of indicators, several charting options, and numerous order types.

Deposit & withdrawal

Concerning deposit and withdrawal, Bohua Technology is vague on this part. Popular payment options supported by most brokerage firm include Wire Transfer, Credit/Debit Cards, as well as a series of e-wallet processors including Skrill, Neteller, PayPal and more.

Customer Support

Bohua Technology seems to offer dedicated and multilingual customer support, as traders who have any trading related issues can have quick access to their online chat service. And they can also be contacted through email: service@sunrayforex.com. Besides, Line is available for any problems.

Company Address: Unit 12, Ravenswood Industrial Estate, Shernhall St, London E17 9HQ.

Pros & Cons

Is Bohua technology regulated？

No, Bohua technology is not regulated.

What products does Bohua technology offer？

Bohua technology boasts that it provides a series of trading instruments include currency pairs, precious metals, crude oils, cryptocurrencies and more.

What is the maximum trading leverage offered by Bohua Technology？

The maximum trading leverage is up to 1:100.