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Boston Merchant Financial — Forex Broker

Doesn't accept US tradersUS traders
  • PAMM accounts
  • MAM accounts
  • Managed accounts
  • Affiliate program

  See Boston Merchant Financial reviews

8.2/10 (5 qualified reviews)
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Company Boston Merchant Financial LLC
Founded and online since 2008
Offices in Show countriesHide
Payment options Credit/debit cards
Moneybookers
WebMoney
Wire transfer
Demo platforms
  • MetaTrader 4
  • Currenex Classic
  • ActTrader
  • UniTrader
Account currencies United States dollar
Currency pairs Show currency pairsHide
Regulated by ASIC, 379035
Bulgarian National Bank, BGR00195
FFMS, 1220
FSA (UK), 563348
FSC (Bulgaria), RG-03-220
Website available in Arabic
Chinese
English
Spanish
Ukrainian
Support available in Show support languagesHide
Support methods Email
Live chat
Office
Phone
Web form
Trading server time zone GMT

Account Types

Minimum account size $100
Minimum position size 0.1 lot
Spread type Variable
Typical spread on EUR/USD, pips 3
Minimum spread on EUR/USD, pips 1
Commission (one-way) for CFD per 1 std. lot $3
Trading instruments ShowMinimize
Trading platforms UniTrader
Digits after the dot in quotes 5
Number of currency pairs (of which exotic) 36 (12)
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-Cancels-Other (OCO) orders

  Open real account with Boston Merchant Financial.

View contract specifications.

Reviews 

8 reviews of Boston Merchant Financial are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

 Gergő from Hungary. Trading account #7XXXXXX3
Monday, January 14, 2013

I am trading on their MT4 DMA platform. Their execution and liquidity are excellent. The support fast and helpfull.

 Marcus from Germany. Trading account #7XXXXX7
Sunday, October 14, 2012

I'm trading on real account at BMFN 1 years ago. Their MT4 is excellent. They are't a marketing factory, so they don't offer too many get rich bonuses and cars....etc, but all of their services all of very good!

 Tom from Croatia. Trading account #7XXXXX4
Wednesday, October 10, 2012

Good broker.

 Laszló from Hungary. Trading account #3XXXXX3
Friday, October 5, 2012

Very good execution and Fast withdrawal. The client support is helpful. I am trading them with 3 years ago..

  Turki EL-Shafi from Saudi Arabia. Trading account #5XXXXXXX4
Sunday, September 16, 2012

This Broker is a total scam.

I lost a huge amount of money with them. through two of their representatives or what they call IBs and Money Managers. after a lot of investigations i found out that their is a vested interest between the broker and the Money Manager. the money manager is making money by losing his clients funds. once the account equity of his clients goes to ZERO. the Money Manager is eligible for an agreed upon percentage of the clients equity. they call it a Profit and Loss agreement. everyone be ware especially in the Arab countries.

  Mohammed Waseem from India.
Monday, March 8, 2010

They Give Bonus Of $500 but its for only 30 days and if u r running short in equity then u r finished.

  Tamran from Malaysia.
Monday, February 15, 2010

This broker is good but they spread is very hight example gbpusd spread is 7.

  Osigbodi Odiansiye from Nigeria.
Tuesday, September 1, 2009

MY CHARTS JUST WONT APPEAR.

Visit Boston Merchant Financial website. 

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