Score

1.89 /10
Danger

Bost Forex

Hong Kong

1-2 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

Australia Appointed Representative(AR) Revoked

High potential risk

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Score

Regulatory Index0.00

Business Index5.25

Risk Management Index0.00

Software Index8.08

License Index0.00

Time Machine
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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Bost Technology Limited.

Company Abbreviation

Bost Forex

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Bost Forex · Company summary
Bost ForexReview Summary
Founded2021
Registered Country/RegionChina Hong Kong
RegulationNo regulation
Market InstrumentsOver 50 Forex currency pairs, indices, energies, gold
Account TypeStandard, Demo
Demo Account
LeverageUp to 1:1000
Trading PlatformMeta Trader 5
Min Deposit$200
Payment MethodBanks Transfer
Customer SupportPhone: +603-27702749
Email: support@bostforex.com
Physical Address: A-32-8, 5 A Menara UOA Bangsar-H TWR, JLN Bangsar UTAMA 1, Bangsar, 59000 Kuala Lumpur, Malaysia.

Bost Forex Information

Bost Forex, founded in 2021, is a brokerage registered in Hong Kong. The trading instruments it provides cover over 40 Forex currency pairs, indices, energies, gold.

Bost Forex Information

Pros and Cons

Pros Cons
Offers diverse market instrumentsUnregulated
High leverage up to 1:1000Limited types of account types
MT4 and MT5 supportedLimited customer support options
Demo account availableRelatively high minimum deposit

Is Bost Forex Legit?

It is clear that Bost Forex is currently unregulated. The Whois website shows that the registration date of this dealer is 2021-01-13.

Is Bost Forex Legit?
Is Bost Forex Legit?

What Can I Trade on Bost Forex?

Bost Forex offers traders the opportunity to trade over 50 types of forex currency pairs, indices, energies, gold.

Tradable Instruments Supported
Forex
Indices
Energies
Gold
Commodities
Stocks
Cryptocurrencies
Bonds
Derivatives
Futures
Options
What Can I Trade on Bost Forex?

Account Types

Bost Forex offers 2 different types of accounts to traders - Standard Account, Demo Account. The mimimum deposit is $200.

Account TypeStandard AccountDemo Account
Min deposit$200N/A
LeverageUp to 1:1000Up to 1:1000
MarketAll marketAll market
PlatformMT5MT5
Account Types

Trading Platform

Bost Forex's trading platform is MT5 Margin WebTrader, which supports traders on PC,Mac, iPhone and Android.

Trading PlatformSupported Available Devices Suitable for
MT5 Margin WebTraderWeb, MobileProficient
MT4Web, MobileBeginner
Trading Platform

User Reviews

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User comment

8

Comments

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93179
more than one year
Very good broker! Bost Forex suits a variety of traders with its MT5 platform offering high leverage and customizable trading tools. For seasoned traders, the platform's fast execution and tight spreads from 0.5 pips provide competitive edges in volatile markets. Beginners can benefit from its user-friendly interface and demo account option.
Very good broker! Bost Forex suits a variety of traders with its MT5 platform offering high leverage and customizable trading tools. For seasoned traders, the platform's fast execution and tight spreads from 0.5 pips provide competitive edges in volatile markets. Beginners can benefit from its user-friendly interface and demo account option.
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2024-07-16 17:57
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Pierre Lug
more than one year
As a true beginner, I want to try this broker, but it does not provide demo account and even basic educational resoucers. So I gave up.
As a true beginner, I want to try this broker, but it does not provide demo account and even basic educational resoucers. So I gave up.
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2024-06-28 15:16
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