Bright Finance-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Bright Finance is a Forex brokerage registered in the Marshall Islands registered under the name Capital Letter LTD. Furthermore, there is a second company which figures as an owner, registered in Germany under the name Capital Letter GmbH. Nonetheless, its safe to assume that BrightFinance, irrespective of its legitimacy, does not fall under any regulatory oversight whatsoever.

Market Instruments

BrightFinance advertise that it offers forex pairs, stocks and crypto coins to its traders.

Minimum Deposit

The minimum initial deposit offered by BrightFinance is $250. Although this amount is reasonable for most regular traders, given the fact that BrightFinance is not subject to any regulation, trader are not advised to register real trading accounts here.

Leverage

Trading leverage information is not provided. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

BrightFinance says it spread on the EUR/USD pair is around 1 pips, which seems attractive. However, since BrightFinance is unregulated, it is unsafe to invest with this broker no matter what its trading conditions is.

Trading Platform Available

Bright Finance is offering some curious web based trading platform with charts taken directly from Trading View – an independent, charting web service with historical and real- time market data.

Deposit & Withdrawal

We were unable to uncover that the available payment metods are for potential clients of the brokerage. Usually in Forex trading traders may deposit or withdraw via the standard Visa and MasterCard, as well as bank wire and popular and preferred by traders e-wallets such as WebMoney, Skrill or Neteller.