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BECFD

Good 6.25
1 2 3 4 5 6 7 8 9 10
  • Overview
  • Program details
  • Reviews
  • Charts

BECFD Review

  • Comprehensive Educational support
  • Mobile trading support
  • Multilingual support
  • Proven and reliable trading platform
  • Tight spreads
  • Wide range of instruments available for trading
  • Lack of information on the types of trading accounts available
  • Unregulated Broker

Founded in late 2017, BECFD is an online forex and CFD trading platform owned by a Marshall Islands based holding company with the same name. Their registered office is located at Trust Company Complex, Ajeltake Island, Majuro, Marshall Islands. The platform was established with the goal of providing online traders with all the necessary tools which would allow them to invest in the financial independently. As such, BECFD has devoted considerable resources towards providing a reliable an efficient trading platform, comprehensive educational center and dedicated 1 to 1 account management service.

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Trading Platforms

To enable its clients to access the financial markets effortlessly, BECFD has provided them with the industry proven platform called the MetaTrader 4 (MT4) platform. Developed by leading online trading solution provider MetaQuotes Software, the MT4 platform comes with a full range of trading tools such as a comprehensive charting package, extensive library of technical indicators and automated trading ability. The platform is also capable of supporting multiple order types and on click trading. In addition, you also have the option to customize the user interface in your preferred language. Another main selling point about the MT4 trading platform is the fact that all transactions conducted through the trading platform are secured as all the data are encrypted before being transmitted through the internet. This helps to ensure that details of your transaction will not be compromised in any way by any hackers.

Mobile Trading

As part of BECFD’s trading platform offering, the broker has also provided the mobile optimized version of the MT4 platform. Designed specifically for the smaller screens of smartphones, the mobile app enable its users to manage their trading accounts, transfer funds and execute trades directly from their smartphones. It also help them to stay in touch with all the current developments in the markets through the live news feed. Available free of charge, the mobile app can be downloaded from the Apple App Store and Google Playstore.

Trading Markets

In terms of the financial markets covered by BECFD, they included the 4 major markets such as forex, commodities, stocks and market indices. Traders can trade the spot forex market or CFDs. Available for trading are all the major currency pairs such as EUR/USD, EUR/GBP, USD/CHF, USD /JPY, stocks such as Google, Facebook and ebay, commodities such as crude oil, natural gas and coffee, market indices such as the FTSE, DOW, NASDAQ and DAX. BECFD doesn’t charge any commission on the trades that traders made on its trading platform. Instead, you are required to pay a small spread. The spreads for forex trading are variable but fixed for CFDs. In addition, traders at BECFD also have the option to leverage their trades up to a maximum ratio of 1:200. For a full range of assets that are available for trading at BECFD, please refer to the table below:

Support

For the benefit of traders at BECFD, the broker has translated its website into 4 major languages such as English, German, Russian and Italian. The customer support service is multilingual as well. Supported languages included English, German, Italian and Swiss. To contact the customer support team, traders can get in touch with support staffs through email, live chat or telephone. Alternatively, they can also leave a message on the web contact form provided on the website and request a callback.

Security and Fairness

In terms of regulatory oversight, BECFD is not regulated by any financial regulatory body. However, the broker is committed to operating its business based on 3 fundamental principles of transparency, trust and truthfulness. To maintain the integrity of its clients’ personal information and data, BECFD rely on the solutions provided by the Comodo, a global cyber security company.

Screenshot

BECFD Screenshot
BECFD Reviews by Traders
Rate Broker and write a review
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fab123
1 reviews
Review date 19/06/2018
1 2 3 4 5 6 7 8 9 10
Really good support and portfolio management fast withdrawal
unregulated
RudyardK
122 reviews
Review date 12/06/2018
1 2 3 4 5 6 7 8 9 10
BECFD offers assets in the 4 major markets such as forex, commodities, stocks and market indices. They are new but seemingly on the right path.
BECFDis unregulated and lacks some other pertinent information for traders.
Trading Charts