BMFN Review 2021

BMFN is an international CFD and forex broker offering MetaTrader 4 and UniTrader platforms and assets in commodities, currencies, ETFs and shares.

BMFN is broker that offers traders CFD, Forex and Stocks. BMFN allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, BMFN has Demo Accounts and Signals but is missing Islamic Accounts, Social Trading and Auto Trading.

Careful traders will be pleased to know that BMFN is licensed to provide trading services by multiple regulatory bodies, 4 in fact, including the FCA.

BMFN Summary

BMFN is an international CFD and forex broker offering MetaTrader 4 and UniTrader platforms and assets in commodities, currencies, ETFs and shares.

Ratings

90%
Trust
50%
Instruments
42%
Features
BonusNone
InstrumentsCFD, Forex, Stocks
Demo Account
Min. Deposit$50
Min. Trade1 lot
Regulated ByFCA, ASIC, FSP, VFSC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

BMFN facilitates CFD trading in a range of markets, including US equities, ETFs, commodities and indices.

Leverage1:400
FTSE Spread
GBPUSD Spread1.8
Oil Spread2.2
Stocks Spread

Forex Trading

BMFN supports forex trading in more than 20 major and minor currency pairs with variable and fixed spread account options.

GBPUSD Spread1.8
EURUSD Spread1.5
EURGBP Spread4
Assets22

Payment Methods

BMFN accepts the following payment methods:

  • Credit Card
  • Skrill
  • Neteller
  • Wire Transfer
  • Cashu
Risk Warning – Your capital is at risk

FAQ

Is BMFN Safe?

Yes, we gave BMFN a high 90% trust score in our review and believe traders should be safe here. One of the main positives for BMFN is that they're regulated by our own Financial Conduct Authority (FCA) here in the UK.

Does BMFN Accept PayPal?

No, BMFN does not accept PayPal payments.

Is BMFN Halal?

Probably not, as BMFN does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does BMFN support?

BMFN only supports the MetaTrader 4 trading platform at this time.

Is BMFN Regulated?

Yes, BMFN is regulated by 4 different regulators: FCA, ASIC, FSP and VFSC. Most importantly, they're regulated by our own strong FCA here in the UK.

BMFN vs Other Brokers

If you want to compare BMFN with other brokers, use the detailed comparisons below.

BMFN vs
BMFN is an international CFD and forex broker offering MetaTrader 4 and UniTrader platforms and assets in commodities, currencies, ETFs and shares.