BeFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 18:23

Abstract：BeFX was registered in 2019 in Chile and offers all kinds of trading instruments, including Forex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices with leverage up to 1:200 via the XOH trading platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as $500.

BeFX Review Summary
Founded	2019
Registered Country/Region	Chile
Regulation	Unregulated
Market Instruments	Forex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices
Demo Account	✅
Leverage	Up to 1:200
Spread	/
Trading Platform	XOH trading platform
Min Deposit	$500
Customer Support	Tel: 56232767335
	WhatsApp: 569 3418 9983
	Email: clientes@mundobefx.com
	Address: El Bosque Norte #0123 Oficina 603 Las Condes, Santiago

　　BeFX was registered in 2019 in Chile and offers all kinds of trading instruments, including Forex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices with leverage up to 1:200 via the XOH trading platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as $500.

Pros and Cons

Pros	Cons
Diverse trading products	Unregulated
Demo accounts	No MT4 or MT5
Multiple account types	High minimum deposit
Popular payment options

Is BeFX Legit?

　　No. BeFX has no regulations currently. Please be aware of the risk!

What Can I Trade on BeFX?

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
ETFs	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Basic	Silver	Gold	Black
Min Deposit	$500	$500	$2,000	$10,000

Leverage

　　BeFX offers the maximum trading leverage of up to 1:200 for all account types. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
XOH Trader platform	✔	Desktop, Android, IOS	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders