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BeFX -

Score

1.53 /10
Danger

BeFX

Chile

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://mundobefx.com

Influence

C

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Comparison

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Score

Regulatory Index0.00

Business Index7.17

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

Broker Information

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Company Name

Inversiones BeFX SpA

Company Abbreviation

BeFX

Platform registered country and region

Chile

Company website

X

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

BeFX · Company summary
BeFX Review Summary
Founded2019
Registered Country/RegionChile
RegulationUnregulated
Market InstrumentsForex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices
Demo Account✅
LeverageUp to 1:200
Spread/
Trading PlatformXOH trading platform
Min Deposit$500
Customer SupportTel: 56232767335
WhatsApp: 569 3418 9983
Email: clientes@mundobefx.com
Address: El Bosque Norte #0123 Oficina 603 Las Condes, Santiago

BeFX was registered in 2019 in Chile and offers all kinds of trading instruments, including Forex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices with leverage up to 1:200 via the XOH trading platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as $500.

BeFX's homepage

Pros and Cons

Pros Cons
Diverse trading productsUnregulated
Demo accountsNo MT4 or MT5
Multiple account typesHigh minimum deposit
Popular payment options

Is BeFX Legit?

No. BeFX has no regulations currently. Please be aware of the risk!

No license
Domain information

What Can I Trade on BeFX?

Tradable Instruments Supported
Forex✔
CFDs✔
Commodities✔
Indices✔
Stocks✔
Cryptocurrencies✔
ETFs✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on BeFX?

Account Type

Account TypeBasicSilverGoldBlack
Min Deposit$500$500$2,000$10,000
Account comparison

Leverage

BeFX offers the maximum trading leverage of up to 1:200 for all account types. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
XOH Trader platform✔Desktop, Android, IOS/
MT4❌/Beginners
MT5❌/Experienced traders
XOH Trader platform

Deposit and Withdrawal

BeFX accepts payments via webpay.cl, MasterCard, Visa, Wire Transfer, Skrill, and Neteller.

Payment options

News

NewsMARKET VISION: GOLD

Gold remained steady at approximately $2,040 per ounce on Tuesday following heightened volatility in the previous session. In that session, the price of gold surged by over 5% to surpass $2,140 before undergoing a dramatic reversal and ultimately closing down by 2% around $2,030.

WikiFX
2023-12-07 10:28
MARKET VISION: GOLD

NewsMARKET VISION: EURO

The euro held steady above $1.09, remaining near its highest levels since August 10, as investors digested a series of statements from ECB officials while anticipating upcoming inflation data.

WikiFX
2023-12-04 18:35
MARKET VISION: EURO

NewsDOLLAR struggles to consolidate above $900

The peso dollar has commenced its trading above the highest value recorded yesterday, currently standing at 903.75. The initial starting point for the local currency's upward trajectory is marked by copper's decrease of 0.36% at 3.62 dollars per pound. This decline serves as a stepping stone for the peso dollar to reinforce its position in the 900s range and sustain the ongoing positive trend.

WikiFX
2023-12-04 17:46
DOLLAR struggles to consolidate above $900

NewsCPI DATA MOVED THE MARKETS STRONGLY YESTERDAY

Shares in Hong Kong rose 488 points or 2.8% to 17,884 in early trading on Wednesday, reversing Tuesday's weak session and reflecting a rally on Wall Street overnight after weaker US CPI data fueled bets that the Federal Reserve's tightening cycle had peaked.

WikiFX
2023-11-20 18:54
CPI DATA MOVED THE MARKETS STRONGLY YESTERDAY
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User comment

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Comments

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Colodia
more than one year
There are great fund security measures, but I think overnight interest is a little high.
There are great fund security measures, but I think overnight interest is a little high.
Translate to English
2024-08-01 17:37
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FLAYXNJ
more than one year
Best platform for crypto and forex trading. User interface is so friendly and verification process is very easy and fair. Also stocks trading is present.
Best platform for crypto and forex trading. User interface is so friendly and verification process is very easy and fair. Also stocks trading is present.
Translate to English
2024-06-27 12:27
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