Boston Merchant Financial

5.5/10
(6 qualified reviews)
US Traders
  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Trading by telephone
  • LAMM accounts
  • MAM accounts
  • Managed accounts
  • Affiliate program
  • Islamic accounts available
See reviews
  • Company BMFN Limited
  • Founded in 1988
  • Online since 2007
  • Offices in
    Show countries Hide countries
    • Australia
    • Bulgaria
    • China
    • Egypt
    • Kuwait
    • Russian Federation
    • United Arab Emirates
    • United Kingdom
  • Payment options
    Show payment options Hide payment options
    • CashU
    • Credit/debit cards
    • Neteller
    • Skrill
    • UnionPay
    • Wire transfer
  • Demo platforms
    • MetaTrader 4
    • UniTrader
  • Account currencies
    • Australian dollar
    • Euro
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
    • AUD/CAD
    • AUD/CHF
    • AUD/JPY
    • AUD/NZD
    • AUD/NZD
    • AUD/USD
    • AUD/USD
    • CAD/JPY
    • CAD/JPY
    • CHF/JPY
    • CHF/JPY
    • EUR/AUD
    • EUR/AUD
    • EUR/CAD
    • EUR/CAD
    • EUR/CHF
    • EUR/CHF
    • EUR/GBP
    • EUR/GBP
    • EUR/HUF
    • EUR/HUF
    • EUR/JPY
    • EUR/JPY
    • EUR/PLN
    • EUR/PLN
    • EUR/TRY
    • EUR/TRY
    • EUR/USD
    • EUR/USD
    • GBP/AUD
    • GBP/AUD
    • GBP/CAD
    • GBP/CAD
    • GBP/CHF
    • GBP/CHF
    • GBP/JPY
    • GBP/JPY
    • GBP/NZD
    • GBP/NZD
    • GBP/USD
    • GBP/USD
    • NZD/JPY
    • NZD/JPY
    • NZD/USD
    • NZD/USD
    • USD/CAD
    • USD/CAD
    • USD/CHF
    • USD/CHF
    • USD/HUF
    • USD/HUF
    • USD/JPY
    • USD/JPY
    • USD/MXN
    • USD/MXN
    • USD/NOK
    • USD/NOK
    • USD/PLN
    • USD/PLN
    • USD/SGD
    • USD/SGD
    • USD/TRY
    • USD/TRY
    • USD/ZAR
    • USD/ZAR
  • Regulated by
    • ASIC, 379035
    • FCA (UK), 563348
    • FFMS, 1220
    • FSC (Bulgaria), RG-03-220
    • FSP (New Zealand), FSP328066
  • Website available in
    • Arabic
    • Chinese
    • English
  • Support available in
    Show support languages Hide support languages
    • Arabic
    • Chinese
    • English
    • Russian
    • Spanish
    • Ukrainian
  • Support methods
    Show support methods Hide support methods
    • Callback
    • Email
    • Live chat
    • Office
    • Phone
    • Web form
  • Trading server time zone GMT-5
  • VPS for traders Coming soon
  • Hedging
  • Trailing stop
  • Pending orders
  • One-Cancels-Other (OCO) orders
  • Minimum account size $50
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 1
  • Scalping Allowed
  • Expert advisors Forbidden
  • Trading instruments
    • Forex1:400
    • Gold & silver1:33
    • Oil1:33
    • Stocks1:10
    • Indexes1:33
    • Energies1:33
    • ETF1:10
  • Trading platforms
    • UniTrader
  • Digits after dot 5
  • Minimum distance to stop/limit orders, pips 6
  • Number of currency pairs 99
  • Special notes
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 1
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:33
    • Oil1:33
    • Indexes1:33
    • Metals1:33
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Margin call level 110%
  • Stop-out level 100%
  • Minimum distance to stop/limit orders, pips 50
  • Number of currency pairs 24
  • Special notes
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 1
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:33
    • Oil1:33
    • Energies1:33
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 110%
  • Stop-out level 100%
  • Minimum distance to stop/limit orders, pips 50
  • Number of currency pairs 28
  • Special notes
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 1
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:33
    • Oil1:33
    • Metals1:33
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 110%
  • Stop-out level 100%
  • Minimum distance to stop/limit orders, pips 10
  • Number of currency pairs 24
View contract specifications

Reviews

9 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.

, Russia.

September 2017

do not withdrawing funds

cancelled all profitable trades made during last 7 months

scam

, Hungary.

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

, Germany.

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!

, Croatia.

Good broker.

, Hungary.

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

, Saudi Arabia.

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.

, India.

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

, Malaysia.

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

, Nigeria.

MY CHARTS JUST WONT APPEAR.

Visit Boston Merchant Financial website

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