Score
BenefitFX
Marshall Islands|2-5 years| https://benefitfx.org/en/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Marshall Islands
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
Users who viewed BenefitFX also viewed..
HFM
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
GO MARKETS
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
AUS GLOBAL
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
MultiBank Group
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Website
benefitfx.org
Website Domain Name
benefitfx.org
Server IP
104.21.51.77
-
benefitfx.com
Server Location
Russia
Website Domain Name
benefitfx.com
Server IP
178.208.83.34
Company Summary
| BenefitFX Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Marshall Islands |
| Regulation | Unregulated |
| Market Instruments | Stocks, currencies(sixty currency pairs), indices(15 Index CFDs ) and commodities, metals, oil range and forex |
| Leverage | Up to 1:100 |
| Spread | Starts from 0.9 pips |
| Min Deposit | $250 |
| Customer Support | Telephone number： +7 499 609 12 59+7 495 045 43 76+44 20 376 94 016Email: support@benefitfx.ccinfo@benefitfx.cc |
BenefitFX Information
BenefitFX, registered in the Marshall Islands, is a modern trading platform with an intuitive interface that provides clients with stocks, currencies, indices and commodities trading services.
Pros and Cons
| Pros | Cons |
| Five types of accounts | Lack of Regulatory Oversight |
| User-Friendly Trading Platforms | The minimum deposit is as high as $250 |
Is BenefitFX Legit?
BenefitFXis not supervised by any financial institutions.
What Can I Trade on BenefitFX?
BenefitFX offers traders the opportunity to trade stocks, currencies(sixty currency pairs), indices(15 Index CFDs ) and commodities, metals, oil range and forex.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Stocks | ✔ |
| Currencies | ✔ |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Oil range | ✔ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
BenefitFX provides five account types: Basic, Silver, Gold, Platinum, and VIP ECN. Initial deposit requirements for these account types are $250+, $1000+，$5000+，$25000+ and $100,000+ respectively.
Leverage
All account types offer 1:100 leverage, except for VIP ECN accounts which offer 1:10 leverage.
BenefitFX Fees
Basic accounts enjoy spreads as low as 2 pips, the same is true for silver accounts, while 1.5 pips for gold accounts, and 0.9 pips for platinum and VIP ECN accounts).
Starting with the Silver account, clients have the opportunity to receive awards from the company, ranging from 30% (Silver account) to 50% (Gold account) to 100% (platinum and VIP ECN account).
VIP ECN accounts are subject to additional coverage up to 50%.
Trade gold, silver and oil ranges enjoy a no-deposit-fees policy.
| Awards | Additional coverage | |
| Basic Account | N/A | N/A |
| Sliver Account | 30 | N/A |
| Gold Account | 50 | N/A |
| Platium Account/VIP ECN | 100 | 50 |
Deposit and Withdrawal
First withdrawals are free for basic accounts, silver accounts and gold accounts, while platinum accounts and VIP ECN customers enjoy free withdrawals.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Content you want to comment
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now