Home -
BenchMark -

Score

2.23 /10
Danger

BenchMark

Bulgaria

5-10 years

Suspicious Regulatory License

MT4 Full License

Global Business

High potential risk

https://benchmarkfx.co.uk

Influence

C

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.24

Risk Management Index0.00

Software Index8.58

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

BenchMark Finance

Company Abbreviation

BenchMark

Platform registered country and region

Bulgaria

Company website

X

Facebook

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 5
Previous Detection : 2025-01-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 621564) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

BenchMark · Company summary
BenchMark Review Summary
Founded2016-05-30
Registered Country/RegionBulgaria
RegulationSuspicious Clone
Market InstrumentsForex/Indices/Stocks/Cryptocurrencies/Metals/ETF/Oil&gas
Demo Account✅
LeverageUp to 1:400
Spread0.6 pips
Trading PlatformMT4/MT5(Desktop/Mobile/Web)
Min Deposit0
Customer SupportPhone: +359 2 962 54 05
Phone: +359 2 962 57 95
Email: office@benchmark.bg
Email: markets@benchmark.bg
Facebook/Twitter/LinkedIn/YouTube/Tiktok/Instagram
Live chat

BenchMark Information

BenchMark is a broker. The tradable instruments with a maximum leverage of 1:400 include forex, indices, stocks, cryptocurrencies, metals, ETF, and oil&gas. The broker also provides live and demo accounts. The minimum spread is as low as 0.6 pips and the minimum deposit is 0. BenchMark is still risky due to its suspicious clone status.

BenchMark Information

Pros and Cons

Pros Cons
Leverage up to 1:400Suspicious Clone
24/5 customer supportIsland account unavailable
MT4/MT5 available
Spread as low as 0.6 pips
Demo account available
Various tradable instruments

Is BenchMark Legit?

BenchMark is regulated by AMF with license number 75973, BaFin with license number 137382, FCA with license number 621564, as well as CNMV with license number 4100, but the current status is 'suspicious clone'.

Is BenchMark Legit?
Is BenchMark Legit?
Is BenchMark Legit?
Is BenchMark Legit?
Is BenchMark Legit?

What Can I Trade on BenchMark?

BenchMark offers a wide range of market instruments, including forex, indices, stocks, cryptocurrencies, metals, ETFs, and oil and gas.

Tradable Instruments Supported
Forex✔
Indices✔
Stocks✔
Cryptocurrencies✔
Metals✔
ETF✔
Oil&gas✔
Commodities❌
Shares❌
Bonds❌
Mutual Funds❌
What Can I Trade on BenchMark?

Account Type

BenchMark has two account types: live account and demo account. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type Supported
Live account✔
Demo account✔
Account Type

BenchMark Fees

The spread is as low as 0.6 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

BenchMark cooperates with the authoritative MT4 and MT5 trading platforms available in iOS, Android, and Web to trade. Junior traders prefer MT4 over MT5, while traders with rich experience are more suitable for using MT5. MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop/Mobile/WebJunior traders
MT5✔Desktop/Mobile/WebExperienced traders

Deposit and Withdrawal

BenchMark accepts Bank Wire, Visa, MasterCard, and Maestro for deposit and withdrawal. The processing times are up to 30 minutes and associated fees are 0%.

Deposit and Withdrawal

User Reviews

More

User comment

2

Comments

Write a review

菠萝
more than one year
The broker claims to be regulated by multiple regulatory agencies at the same time, and it is ridiculous that none of the licenses is legitimate, all of which have been questioned as clones. There are too many such brokers in the foreign exchange market. Please carefully review their backgrounds before trading.
The broker claims to be regulated by multiple regulatory agencies at the same time, and it is ridiculous that none of the licenses is legitimate, all of which have been questioned as clones. There are too many such brokers in the foreign exchange market. Please carefully review their backgrounds before trading.
Translate to English
2022-11-27 13:14
Reply
0
0
张雅琪 15810128397
more than one year
He operado con benchmark durante aproximadamente un mes y hasta ahora estoy muy satisfecho. Elegí la plataforma MT4 porque estoy más familiarizado con MT4. Esta empresa también proporciona MT5, por lo que benchmark sigue siendo muy competitivo en términos de plataforma. Además, los recursos educativos que proporciona también me pueden permitir aprender muchos conocimientos.
He operado con benchmark durante aproximadamente un mes y hasta ahora estoy muy satisfecho. Elegí la plataforma MT4 porque estoy más familiarizado con MT4. Esta empresa también proporciona MT5, por lo que benchmark sigue siendo muy competitivo en términos de plataforma. Además, los recursos educativos que proporciona también me pueden permitir aprender muchos conocimientos.
Translate to English
2022-11-21 18:11
Reply
0
0