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No Regulation
Score
1.51 /10
Danger
BereFX
5-10 yearsSuspicious Regulatory License
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.01
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: BereFX's official website: https://www.berefx.com/ is currently inaccessible normal.
| BereFXReview Summary | |
| Founded | 2024 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, Stocks, Commodities, Cryptocurrency, Bonds, Index |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:400 |
| Spread | Not Mentioned |
| Trading Platform | MT4 |
| Min Deposit | Not Mentioned |
| Customer Support | Phone: +44 7425967020 |
| Email: support@berefx.com | |
| Company address: 16 Queenstown Road, London SW8 4NW, UK | |
BereFX is an online trading platform operating without regulation. Its market offering covers Forex, Stocks, Commodities, Cryptocurrency, Bonds, and Index. BereFX claims to offer the popular Meta Trader 4 and a leverage of 1:400.
Pros & Cons
| Pros | Cons |
| None | Unregulated |
| Unfunctional website | |
| Nontransparent trading conditions |
Is BereFX Legit?
No. BereFX has not been legally regulated.
What Can I Trade on BereFX?
| Trading Asset | Available |
| forex | ✔ |
| metals | ❌ |
| commodities | ✔ |
| indices | ✔ |
| energies | ❌ |
| stocks /shares | ✔ |
| cryptocurrencies | ✔ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
| bonds | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginners |
Deposit and Withdrawal
| Deposit Time | Withdrawal Time | Withdrawal Fee | |
| Bank wire | 2-5 business days | 2-5 business days | $25+ |
| Credit card | Instant | 24 hours | ❌ |
| StickPay | 1 hour | 24 hour | 2% |
| Astropay | 1 hour | 24 hours | 2% |
Customer Service
| Contact Options | Details |
| Phone | +44 7425967020 |
| support@berefx.com | |
| Supported Language | English, Chinese |
| Website Language | English, Chinese |
| Physical Address | 16 Queenstown Road, London SW8 4NW, UK |
FAQs
Is BereFX legit?
No. BereFX is an unregulated platform.
Is BereFX safe?
No. An unregulated platform is not meant to be safe.
Is BereFX good for beginners?
Beginners should avoid platforms with no regulation or transparent trading conditions.
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