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Score

1.37 /10
Danger

Bost Forex

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.bostforex.com

Influence

D

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Comparison

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index5.91

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

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Broker Information

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Company Name

Bost Technology Limited.

Company Abbreviation

Bost Forex

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-11-13
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 3. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

Bost Forex

Hong Kong China

WikiFX Verification

Bost Forex · Company summary
Bost ForexReview Summary
Founded2021
Registered Country/RegionChina (Hong Kong)
RegulationASIC (Revoked)
Market InstrumentsForex, gold, indices, energies
Demo Account✔
LeverageUp to 1:1000
SpreadFrom 0 pips
Trading PlatformMT5
Minimum Deposit$200
Customer SupportContact form
Phone: +66 (2) 0260631
Email: support@bostforex.com
Registered Address: B10, RM2703, New Trend Centre, 704 Prince Edward Road East, San Po Kong Kln, Hong Kong
Physical Address: 954/1724,The Metropolis Samrong, Level 3, Office 350, Moo 9, Sukhumvit Road, Thepharak, Mueang Samutprakarn, Samutprakarn, 10270, Thailand
Regional restrictionsDo not provide services to Australia, Belgium, Iran, Japan, North Korea and USA

Bost Forex Information

Bost Forex, founded in 2021, is a brokerage registered in Hong Kong. The trading instruments it provides cover forex, gold, energies, and indices. It provides a Standard Account and a demo account, with a minimum deposit of $200 and leverage up to 1:1000 on MT5 platform. However, its licenses are revoked, and it does not provide services for residents from certain areas.

Bost Forex Information

Pros and Cons

Pros Cons
Wide range of trading instrumentsRevoked licenses
MT5 supportedRegional restriction
Demo account offeredHigh minimum deposit
Various contact channels

Is Bost Forex Legit?

Bost Forex has 2 ASIC licenses. But both of them are revoked, which means Bost Forex is unregulated. Traders should be more careful when trading through Bost Forex.

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
AustraliaThe Australian Securities and Investments Commission (ASIC)RevokedBOST TECHNOLOGY PTY LIMITEDAppointed Representative (AR)001306492
AustraliaThe Australian Securities and Investments Commission (ASIC)RevokedBOST TECHNOLOGY PTY LIMITEDAppointed Representative (AR)001304464
license
license

What Can I Trade on Bost Forex?

Bost Forex offers traders the opportunity to trade forex, gold, indices, energy.

Tradable Instruments Supported
Forex✔
Gold✔
Indices✔
Energies✔
Bonds❌
Cryptocurrencies❌
Futures❌
Options❌
assets

Account Types

Bost Forex offers 2 different types of accounts to traders, which are Standard Account and Demo Account.

Account TypeStandard AccountDemo Account
Minimum Deposit$200/
Maximum Leverage1:10001:1000
Account Types

Bost Forex Fees

Bost Forex offers spreads from 0.5 pips. No more information about fees on its official website.

Bost Forex Fees

Trading Platform

Bost Forex's trading platform is MT5, which supports traders on PC and mobile.

Trading PlatformSupported Available Devices Suitable for
MT5✔PC, Web, MobileExperienced traders
MT4❌/Beginners
Trading Platform

User Reviews

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User comment

8

Comments

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93179
more than one year
Very good broker! Bost Forex suits a variety of traders with its MT5 platform offering high leverage and customizable trading tools. For seasoned traders, the platform's fast execution and tight spreads from 0.5 pips provide competitive edges in volatile markets. Beginners can benefit from its user-friendly interface and demo account option.
Very good broker! Bost Forex suits a variety of traders with its MT5 platform offering high leverage and customizable trading tools. For seasoned traders, the platform's fast execution and tight spreads from 0.5 pips provide competitive edges in volatile markets. Beginners can benefit from its user-friendly interface and demo account option.
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2024-07-16 17:57
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Pierre Lug
more than one year
As a true beginner, I want to try this broker, but it does not provide demo account and even basic educational resoucers. So I gave up.
As a true beginner, I want to try this broker, but it does not provide demo account and even basic educational resoucers. So I gave up.
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2024-06-28 15:16
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