Bost Forex Information Revealed

Bost Forex | 2024-12-04 18:07

Abstract：Bost Forex, operated by Bost Technology Limited in Malaysia, has been in operation for less than a year. While it holds regulation from the Australia Securities & Investment Commission (ASIC), concerns about its legitimacy persist, with suspicions of plagiarism associated with its licensed trader. Bost Forex lacks trading software, raising credibility doubts. It offers trading in Forex, indices, energies, and metals markets with varying account types, leverage up to 1:1000, and low spreads. The minimum deposit is $200. Customer support is available via email and phone. However, caution is advised due to concerns surrounding its authenticity.

Bost ForexReview Summary
Founded	2021
Registered Country/Region	China Hong Kong
Regulation	No regulation
Market Instruments	Over 50 Forex currency pairs, indices, energies, gold
Account Type	Standard, Demo
Demo Account	✔
Leverage	Up to 1:1000
Trading Platform	Meta Trader 5
Min Deposit	$200
Payment Method	Banks Transfer
Customer Support	Phone: +603-27702749
	Email: support@bostforex.com
	Physical Address: A-32-8, 5 A Menara UOA Bangsar-H TWR, JLN Bangsar UTAMA 1, Bangsar, 59000 Kuala Lumpur, Malaysia.

Bost Forex Information

Bost Forex, founded in 2021, is a brokerage registered in Hong Kong. The trading instruments it provides cover over 40 Forex currency pairs, indices, energies, gold.

Pros and Cons

Pros	Cons
Offers diverse market instruments	Unregulated
High leverage up to 1:1000	Limited types of account types
MT4 and MT5 supported	Limited customer support options
Demo account available	Relatively high minimum deposit

Is Bost Forex Legit?

It is clear that Bost Forex is currently unregulated. The Whois website shows that the registration date of this dealer is 2021-01-13.

What Can I Trade on Bost Forex?

Bost Forex offers traders the opportunity to trade over 50 types of forex currency pairs, indices, energies, gold.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Energies	✔
Gold	✔
Commodities	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Derivatives	❌
Futures	❌
Options	❌

Account Types

Bost Forex offers 2 different types of accounts to traders - Standard Account, Demo Account. The mimimum deposit is $200.

Account Type	Standard Account	Demo Account
Min deposit	$200	N/A
Leverage	Up to 1:1000	Up to 1:1000
Market	All market	All market
Platform	MT5	MT5

Trading Platform

Bost Forex's trading platform is MT5 Margin WebTrader, which supports traders on PC,Mac, iPhone and Android.

Trading Platform	Supported	Available Devices	Suitable for
MT5 Margin WebTrader	✔	Web, Mobile	Proficient
MT4	❌	Web, Mobile	Beginner

Broker Dealer

Related broker

No Regulation

Bost Forex

Company name：Bost Technology Limited.

Score

1.92

Website：https://www.bostforex.com/

2-5 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers

Score

1.92

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