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Score

2.25 /10
Danger

BenchMark

Bulgaria

5-10 years

Suspicious Regulatory License

MT4 Full License

Global Business

High potential risk

https://benchmark.bg

Influence

C

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Score

Regulatory Index0.00

Business Index7.41

Risk Management Index0.00

Software Index8.58

License Index0.00

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Licenses

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

BenchMark Finance

Company Abbreviation

BenchMark

Platform registered country and region

Bulgaria

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2025-10-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The broker's claimed United KingdomFCA regulation (Regulation Number: 621564) has not been verified. Please be alert to the risks!

WikiFX Survey

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BenchMark

Bulgaria

WikiFX Verification

BenchMark · Company summary
BenchMark Review Summary
Founded5-10 years
Registered Country/RegionBulgaria
RegulationSuspicious Clone
Market InstrumentsForex, cryptocurrencies, stocks, ETFs, metals, oil & gas, indices
Demo Account✅
LeverageUp to 1:400
SpreadFrom 0.6 pips
Trading PlatformMT4/MT5
Minimum Deposit/
Customer SupportTelephone: +359 2 962 54 05, +359 2 962 57 95
Email: office@benchmark.bg, markets@benchmark.bg
Facebook/Twitter/LinkedIn/TikTok/Instagram/YouTube
Live chat

BenchMark Information

Established in 2003 and part of the BenchMark Group, BenchMark Finance is an investment intermediary. Specializing in brokerage services for trading financial instruments across international markets, with a maximum leverage of 1:400 including currency pairs, stocks, commodities, stock indices, funds, futures, and more. The firm also facilitates trading on the Bulgarian Stock Exchange for assets such as stocks, bonds, compensation notes, and compensation vouchers. The minimum spread is from 0.6 pips. However, BenchMark is still risky due to its Suspicious Clone status.

BenchMark Information

Pros and Cons

Pros Cons
Demo account availableSuspicious clone licenses
24/5 customer supportLack of account information
Various tradable instruments
MT4/MT5 available
No deposit and withdrawal fees

Is BenchMark Legit?

Regulated CountryCurrent StatusRegulated Authority License TypeLicense Number
Suspicious CloneThe Autorité des Marchés Financiers(AMF)Retail Forex License75973
Suspicious CloneFederal Financial Supervisory Authority (BaFin)Retail Forex License137382
Suspicious CloneFinancial Conduct Authority (FCA)European Authorized Representative (EEA)621564
Suspicious CloneComisión Nacional del Mercado de valores (CNMV)Retail Forex License4100
license
license
license
license

What Can I Trade on BenchMark?

BenchMark offers a wide range of market instruments, including forex, cryptocurrencies, stocks, ETFs, metals, oil & gas, and indices.

Tradable Instruments Supported
Forex✔
Oil & Gas✔
Stocks✔
Cryptocurrencies✔
Metals✔
ETFs✔
Indices✔
Options❌
Bonds❌
Mutual Funds❌
assets

Account Type

BenchMark has two account types: a demo account and a live account. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type Supported
Demo account✔
Live account✔
Account Type

BenchMark Fees

The spread is from 0.6 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:400, meaning that profits and losses are magnified 400 times.

Leverage

Trading Platform

BenchMark cooperates with the authoritative MT4 and MT5 trading platforms available in Desktop(Windows/MacOS), Mobile(Android/iOS), and Web to trade. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop/Mobile/WebBegginers
MT5✔Desktop/Mobile/WebExperienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

Traders can fund their accounts via debit/credit cards for free, with 24/7 processing on working days. Wire transfers are also fee-free, processed on working days between 07:00-14:45 GMT. Client account fund transfers are accepted anytime, but executed within the same working-hour window. For withdrawals, bank wires are available 24/7 and processed on business days between 07:00-14:45 GMT.

Deposit OptionsFeesProcessing Time
Bank Cards0%Up to 30 min
Wire Transfer0%Up to 30 min
Transfer0%Up to 30 min
Withdrawal OptionsFeesProcessing Time
Bank Wire0%Up to 30 min
Transfer0%Up to 30 min
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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User comment

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Comments

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菠萝
more than one year
The broker claims to be regulated by multiple regulatory agencies at the same time, and it is ridiculous that none of the licenses is legitimate, all of which have been questioned as clones. There are too many such brokers in the foreign exchange market. Please carefully review their backgrounds before trading.
The broker claims to be regulated by multiple regulatory agencies at the same time, and it is ridiculous that none of the licenses is legitimate, all of which have been questioned as clones. There are too many such brokers in the foreign exchange market. Please carefully review their backgrounds before trading.
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2022-11-27 13:14
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张雅琪 15810128397
more than one year
He operado con benchmark durante aproximadamente un mes y hasta ahora estoy muy satisfecho. Elegí la plataforma MT4 porque estoy más familiarizado con MT4. Esta empresa también proporciona MT5, por lo que benchmark sigue siendo muy competitivo en términos de plataforma. Además, los recursos educativos que proporciona también me pueden permitir aprender muchos conocimientos.
He operado con benchmark durante aproximadamente un mes y hasta ahora estoy muy satisfecho. Elegí la plataforma MT4 porque estoy más familiarizado con MT4. Esta empresa también proporciona MT5, por lo que benchmark sigue siendo muy competitivo en términos de plataforma. Además, los recursos educativos que proporciona también me pueden permitir aprender muchos conocimientos.
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2022-11-21 18:11
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