Extrait:BenefitFX, registered in the Marshall Islands, is a modern trading platform with an intuitive interface that provides clients with stocks, currencies, indices and commodities trading services.
BenefitFX Review Summary | |
Founded | 2-5 years |
Registered Country/Region | Marshall Islands |
Regulation | Unregulated |
Market Instruments | Stocks, currencies(sixty currency pairs), indices(15 Index CFDs ) and commodities, metals, oil range and forex |
Leverage | Up to 1:100 |
Spread | Starts from 0.9 pips |
Min Deposit | $250 |
Customer Support | Telephone number: +7 499 609 12 59+7 495 045 43 76+44 20 376 94 016Email: support@benefitfx.ccinfo@benefitfx.cc |
BenefitFX, registered in the Marshall Islands, is a modern trading platform with an intuitive interface that provides clients with stocks, currencies, indices and commodities trading services.
Pros | Cons |
Five types of accounts | Lack of Regulatory Oversight |
User-Friendly Trading Platforms | The minimum deposit is as high as $250 |
BenefitFXis not supervised by any financial institutions.
BenefitFX offers traders the opportunity to trade stocks, currencies(sixty currency pairs), indices(15 Index CFDs ) and commodities, metals, oil range and forex.
Tradable Instruments | Supported |
Commodities | ✔ |
Stocks | ✔ |
Currencies | ✔ |
Forex | ✔ |
Indices | ✔ |
Metals | ✔ |
Oil range | ✔ |
Mutual Funds | ❌ |
Futures | ❌ |
BenefitFX provides five account types: Basic, Silver, Gold, Platinum, and VIP ECN. Initial deposit requirements for these account types are $250+, $1000+,$5000+,$25000+ and $100,000+ respectively.
Leverage
All account types offer 1:100 leverage, except for VIP ECN accounts which offer 1:10 leverage.
Basic accounts enjoy spreads as low as 2 pips, the same is true for silver accounts, while 1.5 pips for gold accounts, and 0.9 pips for platinum and VIP ECN accounts).
Starting with the Silver account, clients have the opportunity to receive awards from the company, ranging from 30% (Silver account) to 50% (Gold account) to 100% (platinum and VIP ECN account).
VIP ECN accounts are subject to additional coverage up to 50%.
Trade gold, silver and oil ranges enjoy a no-deposit-fees policy.
Awards | Additional coverage | |
Basic Account | N/A | N/A |
Sliver Account | 30 | N/A |
Gold Account | 50 | N/A |
Platium Account/VIP ECN | 100 | 50 |
First withdrawals are free for basic accounts, silver accounts and gold accounts, while platinum accounts and VIP ECN customers enjoy free withdrawals.
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