Abstract:Founded in 2020, Beraring is a UK-registered broker that offers trading instruments such as Forex, Cryptocurrencies, Metals, Energies, Stocks, etc., allowing traders to trade using MT5. It is currently under abnormal supervision - suspected cloning.
BeraringReview Summary | |
Founded | 2020 |
Registered Country/Region | United Kingdom |
Regulation | Suspicious Clone |
Market Instruments | Forex, Cryptocurrencies, Metals, Energies, Stocks |
Demo Account | Not mentioned |
Leverage | Up to 1:unlimited |
Spread | Spread starts at 0 pips |
Trading Platform | MT5 |
Min Deposit | $10 |
Customer Service | Phone: +85239040997 |
Email: info@beraringfx.com | |
Physical Address: OFFICE 513/F WEALTH COMMERCIAL CENTRE, 48KWONG WA STREET. MONG KOK, KOWLOON.HONG KONG |
Founded in 2020, Beraring is a UK-registered broker that offers trading instruments such as Forex, Cryptocurrencies, Metals, Energies, Stocks, etc., allowing traders to trade using MT5. It is currently under abnormal supervision - suspected cloning.
Pros | Cons |
Support MT5 | No regulation |
Minimum deposit is $10 | No account information |
Beraring is currently not subject to formal regulation and is at risk of suspected cloning.
Regulatory Country | Regulatory Authority | Regulatory Status | License |
Australia | ASIC | Revoked | |
United Kingdom | FCA | Suspicious Clone | |
Cyprus | CYSEC | Suspicious Clone | |
South Africa | FSCA | Suspicious Clone | |
Seychelles | FSA | Suspicious Clone | |
The virgin Islands | FSC | Suspicious Clone |
The trading assets offered by BRl include Forex, cryptocurrencies such as Bitcoin, Ethereum, Ripple, Cardano and Solana. Stocks of global companies are also available to investors, and metals such as gold and silver, as well as energy sources such as oil and gas, are traded.
Tradable Instruments | Supported |
Forex | ✔ |
Cryptocurrencies | ✔ |
Metals | ✔ |
Energies | ✔ |
Stocks | ✔ |
Indices | ❌ |
Stocks | ❌ |
Bonds | ❌ |
ETF | ❌ |
For Forex and Metals, Beraring offers different leverage depending on the range of equity, up to 1: unlimited.
Trading Instruments | Equity Range (USD) | Maximum Leverage |
Forex | 0-999 | 1:Unlimited |
0-4,999 | 1:2000 | |
5,000-29,999 | 1:1000 | |
30,000 or more | 1:500 | |
Metals | 0-999 | 1:Unlimited |
0-4,999 | 1:2000 | |
5,000-29,999 | 1:1000 | |
30,000 or more | 1:500 |
Beraring's spread for currency starts at 0 pips. Also, in terms of stock trading, investors can benefit from a spread starting at 0.1pips, with no overnight fee.
Beraring enables traders to use the MT5 platform, which is available on the web, desktop and mobile.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Web, Desktop, Mobile | Skilled Traders |
MT4 | ❌ |
Payment methods offered by BRl include Bitcoin, Bank Card, USD Coin, and Tether. In this case, the minimum deposit requirement is basically $10.
Options | Min. Deposit | Min. Withdrawal | Speed |
Bitcoin | $10 | $10 | within 24 hours |
Bank Card | $1,000 | $100 | within 24 hours |
USD Coin (USDC ERC20) | $10 | $100 | within 24 hours |
USD Coin (USDC TRC20) | $10 | $10 | within 24 hours |
Tether (USDT ERC20) | $10 | $100 | within 24 hours |
Tether (USDT TRC20) | $10 | $10 | within 24 hours |
Traders can access customer service through Beraring's telephone, email and physical address. Unfortunately, this brokerage does not provide online chat services.
Contact Options | Details |
Phone | +85239040997 |
info@beraringfx.com | |
Online Chat | ❌ |
Physical Address | OFFICE 513/F WEALTH COMMERCIAL CENTRE, 48KWONG WA STREET. MONG KOK, KOWLOON.HONG KONG |