Introduction of Bein Markets

Bein Markets | 2024-10-23 18:59

Extracto：Bein Markets, headquartered in Cyprus, operates without regulation. Bein Markets offers various market instruments like forex currency pairs, indices, precious metals, stocks, and energy trading.

Note: Bein Markets' official website: https://beinmarkets.eu/ is currently inaccessible normally.

Bein MarketsReview Summary
Founded	/
Registered Country/Region	Cyprus
Regulation	CySEC (Revoked)
Market Instruments	Forex, indices, precious metals, stocks, and energy
Demo Account	/
Leverage	Up to 1:30
Spread	From 0.9 pips (Standard account)
Trading Platform	Sirix Web Trader, MT4 trading platform, and Sirix Mobile
Min Deposit	$250
Customer Support	Phone: +357 25254422
	Email: support@beinmarkets.eu
	Address: 4th Floor, Office 401, Zavos City Centre, 88 Agias Fylaxeos Street, 3025 Limassol, Cyprus, Zavos City Center, 4th Floor 88 Agias Fylaxeos Street 3025 Limassol Cyprus

Bein Markets, headquartered in Cyprus, operates without regulation. Bein Markets offers various market instruments like forex currency pairs, indices, precious metals, stocks, and energy trading.

Pros and Cons

Pros	Cons
Tight spreads	Inaccessible website
Various trading assets	High minimum deposit
	High commissions charged
	Not regulated

Is Bein Markets Legit?

Bein Markets's regulation is revoked. It means that Bein Markets doesn't need to obey the rules and traders should be cautious when trading.

What Can I Trade on Bein Markets?

Tradable Instruments	Supported
Forex	✔
Currency pairs	✔
Indices	✔
Precious metals	✔
Stocks	✔
Energies	✔
Options	❌

Account Type

Bein Markets offers four account types: Standard, Gold, Platinum, and Islamic.

Account Type	Minimum deposit
Standard	$250
Islamic	$250
Gold	$10000
Platinum	$25000

Leverage

Bein Markets provides leverage up to 1:30. Higher leverage always comes with high profits and high losses.

Spreads and Commissions

The spread of Bein Markets is variable, starting from 0.5 pips for Platinum, Gold, and Islamic accounts, and Standard account starts from 0.9 pips.

For only on US & EU Shares, the commission of Standard account is 0.5% per deal, Gold account is 0.4% per trade, Platinum account is 0.35% per trade, and Islamic account is 2% per trade.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Sirix Web Trader	✔	Web	Experienced traders
MT4	✔	Desktop, Mobile and Web	Beginners
Sirix Mobile	✔	Apple and Android devices	Experienced traders