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Beraring

Beraring | 2024-10-16 18:32

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
Founded2020
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone
Market InstrumentsForex, Cryptocurrencies, Metals, Energies, Stocks
Demo AccountNot mentioned
LeverageUp to 1:unlimited
SpreadSpread starts at 0 pips
Trading PlatformMT5
Min Deposit$10
Customer ServicePhone: +85239040997
Email: info@beraringfx.com
Physical Address: OFFICE 513/F WEALTH COMMERCIAL CENTRE, 48KWONG WA STREET. MONG KOK, KOWLOON.HONG KONG

Beraring Information

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 and Cons

ProsCons
Support MT5No regulation
Minimum deposit is $10No account information

Is Beraring Legit?

Beraring is currently not subject to formal regulation and is at risk of suspected cloning.

Regulatory CountryRegulatory AuthorityRegulatory StatusLicense
AustraliaASICRevoked
Revoked
United KingdomFCASuspicious Clone
Suspicious Clone
CyprusCYSECSuspicious Clone
Suspicious Clone
South AfricaFSCASuspicious Clone
Suspicious Clone
SeychellesFSASuspicious Clone
Suspicious Clone
The virgin IslandsFSCSuspicious Clone
Suspicious Clone

What Can I Trade on Beraring?

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 InstrumentsSupported
Forex✔
Cryptocurrencies✔
Metals✔
Energies✔
Stocks✔
Indices❌
Stocks❌
Bonds❌
ETF❌

Leverage

For Forex and Metals, Beraring offers different leverage depending on the range of equity, up to 1: unlimited.

Trading InstrumentsEquity Range (USD)Maximum Leverage
Forex0-9991:Unlimited
0-4,9991:2000
5,000-29,9991:1000
30,000 or more1:500
Metals0-9991:Unlimited
0-4,9991:2000
5,000-29,9991:1000
30,000 or more1:500

Beraring Fees

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.

Trading Platform

Beraring enables traders to use the MT5 platform, which is available on the web, desktop and mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔Web, Desktop, MobileSkilled Traders
MT4❌
Trading Platform

Deposit and Withdrawal

Payment methods offered by BRl include Bitcoin, Bank Card, USD Coin, and Tether. In this case, the minimum deposit requirement is basically $10.

OptionsMin. DepositMin. WithdrawalSpeed
Bitcoin$10$10within 24 hours
Bank Card$1,000$100within 24 hours
USD Coin (USDC ERC20)$10$100within 24 hours
USD Coin (USDC TRC20)$10$10within 24 hours
Tether (USDT ERC20)$10$100within 24 hours
Tether (USDT TRC20)$10$10within 24 hours

Customer Service

Traders can access customer service through Beraring's telephone, email and physical address. Unfortunately, this brokerage does not provide online chat services.

Contact OptionsDetails
Phone+85239040997
Emailinfo@beraringfx.com
Online Chat❌
Physical AddressOFFICE 513/F WEALTH COMMERCIAL CENTRE, 48KWONG WA STREET. MONG KOK, KOWLOON.HONG KONG

Related broker

Suspicious Clone
Beraring
Company name:Beraring International Co., Ltd
Score
1.41
Website:http://www.beraringfx.com/en/index.html
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.41

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