Abstract: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 Review Summary | |
Founded | 2019 |
Registered Country/Region | Chile |
Regulation | Unregulated |
Market Instruments | Forex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices |
Demo Account | ✅ |
Leverage | Up to 1:200 |
Spread | / |
Trading Platform | XOH trading platform |
Min Deposit | $500 |
Customer Support | Tel: 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.
Pros | Cons |
Diverse trading products | Unregulated |
Demo accounts | No MT4 or MT5 |
Multiple account types | High minimum deposit |
Popular payment options |
No. BeFX has no regulations currently. Please be aware of the risk!
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
ETFs | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Basic | Silver | Gold | Black |
Min Deposit | $500 | $500 | $2,000 | $10,000 |
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 | Supported | Available Devices | Suitable for |
XOH Trader platform | ✔ | Desktop, Android, IOS | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
BeFX accepts payments via webpay.cl, MasterCard, Visa, Wire Transfer, Skrill, and Neteller.
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