Statistics of BMFN votes

BMFN reviews

BMFN_logo BMFN 6/10 (votes 3921)

Year established: 1988
Country: USA
Regulation: NFA, FCA
Payment options: wire transfer; Visa, MasterCard; WebMoney, Skrill, NETELLER
Minimum initial deposit: $1000
Smallest lot size: 0.0001 lot
Leverage: from 1:1 to 1:400
Spreads: fixed and floating, from 2 pips

Boston Merchant Financial Ltd. (BMFN) was established in 1988 when it started to operate as a brokerage house in the US stock markets. Nowadays, BMFN is a part of Boston Merchant Financial Group and has offices all over the world.

The broker offers its clients an extremely wide spectrum of financial services, including a 24/7 access to an assortment of 4,000 financial instruments.

Among the broker’s advantages are the direct access to the Foreign exchange market, CFDs trading, precious metals market (Gold, Silver), commodity market (Oil, Cocoa, and Soybean), equity market (US ETF), Stock, Futures, and indices (USD, DOW, DAX, and FTSE).

BMFN’s clients can choose among three available trading platforms: MetaTrader 4, MetaTrader CFD, and BMF Unitrader.

BMFN Advantages:

  • Narrow spreads on most currency pairs;
  • Instant execution of orders;
  • One-click trading;
  • Program of money managed account (FXMA);
  • 24-hour support;
  • Bonuses and competitions for clients;
  • Over 100 trading instruments, 27 currency pairs;
  • Access to the market liquidity with the use of STP NDD technology;
  • Guaranteed security of funds on accounts.

If you have worked with BMFN, you are welcome to leave your feedback. Your comments can help the beginners to decide on the right broker.

Add your review

Comments about broker

Kaskdu trader
review BMFN
12-01-21

My name is Kaskdu, I have a STP account with BMFN . I have been trading with them since April 2020. At the beginning I was started forex trading with $1000 and increased my deposit with 40% bonus offer. During these time I experienced tight spreads, very quick execution and no reqoutes. I notice major pair spread as low as 2 pips and even non majors are always less than 2pips. I am making good profit with BMFN . Last month I made my 12th withdrawal request of $370 and got my money within 3 hours in my Skrill account. I am very blissful with BMFN and I am planning stay with them forever!

Sam trader
review BMFN
01-12-20

BMFM is not a reliable broker. They are just market players. I have seen a lot of different prices with the market. I have suffered on trading with BMFM broker, as their platform has worst execution and pricing chart, where my order didn't execute on the right position, and it always delayed 20 to 40 sec, so my position differed 10 to 40 pips. That's why I have lost a lot of money. Their withdrawal system also delays to my payment too. So it's clear that BMFM broker is a cheater.

Alinvis trader
review BMFN
07-06-17

Over here I would like to say that BMFN has an excellent service which I could recommend them to other if you all wish to trade via their MT4 platform. In fact, I have been working on the real account for nearly to 1 year and so thanks with the proper system that has been provided. The bonus offered 20% has increased the profit in my account as well, while total last month I have generated 80% profitable trades. Order execution normally run very smoothly without any delay or even interruption. Sometimes re-quotes did happen but somehow it does not occurred everyday like what I have experienced before with other broker platform. I have made a withdrawal of profit $100 via Web Money and service was excellent and quick. Normally, less than 3 days I can get the money in the bank account. Thanks BMFN!

FxSeberino trader
review BMFN
23-05-17

Before one year ago I have personally known about BMFN broker by trading. Actually, everything is bogus about the service of BMFN. In my trading, their platform always creates some inconvenience. As I have seen their chart is different 2-3 pips from the real market price and my SL didn't work. Their spread is very high and I found they charge more when an economic news release. After a lot of hard work with their troubles that time I had $150 with $80 USD profit on my account. But When I make a withdrawal via Skrill, they block my account and stolen my money. I didn't enjoy the trading with them, actually, they are the worst broker I ever was seen.

Eddy trader
review BMFN
22-03-17

BMFN is a reliable broker. I got earnings - $40 when I started trading EUR/USD and when I got used, I could get almost $100 trading with the same pair, of course applying all the knowledge learned. Slippages do not happen very often and I can see all my history of my trades directly on the platform, and I think is so practical. Before starting to trade, I used their educational material and something extra and it was very useful for me.

Show more
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!