BronzeFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-22 18:49

Abstract：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.

　　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
Customer Support	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.