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No Regulation
Score
1.53 /10
Danger
BronzeFX
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.17
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: BronzeFX's official website: https://bronze-fx.com is currently inaccessible normally.
| BronzeFXReview Summary | |
| Founded | / |
| Registered Country/Region | Canada |
| Regulation | Unregulated |
| Market Instruments | Currency pairs, commodities, indices, cryptocurrencies |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | MetaTrader5 |
| Min Deposit | $250 |
| Customer Support | Tel: +442080895514 |
| Email: support@bronze-fx.com | |
BronzeFX is registered in Canada and is not regulated. It offers trading in currency pairs, commodities, indices, and cryptocurrencies. Demo accounts are not available but there are three types of live accounts. The leverage is up to 1:500, and it supports the mainstream trading platform MT5, with a minimum deposit of 250 USD.
Pros and Cons
| Pros | Cons |
| Diverse trading assets | Inaccessible website |
| Flexible leverage ratios | No regulation |
| MT5 platform | No demo accounts |
| Popular payment options | High minimum deposit |
| Administrative fee charged |
Is BronzeFX Legit?
No, BronzeFX is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on BronzeFX?
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit | Max Leverage |
|---|---|---|
| Basic | $250 | 1:100 |
| Advanced | $5 000 | 1:200 |
| Premium | $25,000 | 1:500 |
Leverage
BronzeFX offers leverage up to 1:500, which can potentially bring high returns, but it also comes with high risks.
BronzeFX Fees
BronzeFX does not have fixed additional fees and charges.
BronzeFX says they may charge a commission for depositing and withdrawal of funds, may introduce additional fees and charges, and may change the existing fees and charges at any time.
Also, if BronzeFX decides that you have not traded enough or that your deposit is not sufficient, they will charge you a 25% administrative fee.
If you accept a trading bonus by BronzeFX you should be aware that you will not be allowed to request a withdraw unless you trade over 2 million USD for every 100 USD you have received as a bonus. That condition however is not final as BronzeFX reserves the right to change their bonus policy whenever they feel like to.
Trading Platform
Bronze FX offers investors at least the most advanced MT5 trading platform on the market today, a highly reliable, multi-functional trading platform that includes 50 integrated market indicators and even trading robots to help run algorithmic trading sessions. Unfortunately, this trading platform does not offer a demo account for testing purposes.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ✔ | / | Experienced traders |
Deposit and Withdrawal
While Bronze FX supports traders funding their accounts via wire transfer, VISA, MasterCard, and some cryptocurrency payment methods such as Bitcoin, Litecoin, Ripple, etc., some popular e-wallet payment methods such as Skrill, Neteller are not supported.
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