BMFN
BMFN Limited is an international company that has been serving traders worldwide since 1988. They offer financial services such as Investment Solutions, Clearing Optio...
Tags:Forex BrokerBasic Information
Full Company Name: BMFN (BMFN Limited)
Country: Vanuatu
Founded: 1988
Minimum Deposit: $50
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), UniTrader
Minimum Trade Size: 0.01 lots
Business Model: Market Maker (MM)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [[email protected]](mailto:[email protected])
Phone: +44 20 3868 5800
Headquarters Address: 1276 Kumul Highway, Port Vila, Vanuatu
Regulatory Information
- Vanuatu Financial Services Commission (VFSC)
- License Number: 17910
- Regulatory Details: BMFN Limited is regulated by the VFSC, ensuring its operations comply with Vanuatu financial regulations.
- Financial Conduct Authority (FCA)
- License Number: 747432
- Regulatory Details: BMFN UK is registered with the FCA, ensuring its operations comply with UK financial regulations.
- Australian Securities and Investments Commission (ASIC)
- License Number: 379035
- Regulatory Details: BMFN Australia is regulated by ASIC, ensuring its operations in the Australian market are legal and compliant.
Account Types
| Account Type | Standard Account | ECN Account | Pro Account |
|---|---|---|---|
| Minimum Deposit | $50 | $500 | $5,000 |
| Spreads | From 1.2 pips | From 0.0 pips | From 0.0 pips |
| Commission | None | $3 per lot per side | Negotiable |
| Tradable Instruments | Forex, Metals, Energies, Indices, Stocks | Forex, Metals, Energies, Indices, Stocks | Forex, Metals, Energies, Indices, Stocks |
| Trading Platforms | MT4, MT5, UniTrader | MT4, MT5, UniTrader | MT4, MT5, UniTrader |
| Leverage | Up to 1:400 | Up to 1:400 | Up to 1:400 |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots |
| Maximum Number of Positions | No limit | No limit | No limit |
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