Score
BeFX
Chile|5-10 years| https://mundobefx.com
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Chile 3.33Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
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Website
mundobefx.com
Server Location
United States
Website Domain Name
mundobefx.com
Server IP
104.27.129.191
Company Summary
| BeFX Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Chile |
| Regulation | Unregulated |
| Market Instruments | Forex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | / |
| Trading Platform | XOH trading platform |
| Min Deposit | $500 |
| Customer Support | Tel: 56232767335 |
| WhatsApp: 569 3418 9983 | |
| Email: clientes@mundobefx.com | |
| Address: El Bosque Norte #0123 Oficina 603 Las Condes, Santiago | |
BeFX was registered in 2019 in Chile and offers all kinds of trading instruments, including Forex, ETFs, cryptocurrencies, CFDs, commodities, stocks and indices with leverage up to 1:200 via the XOH trading platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as $500.
Pros and Cons
| Pros | Cons |
| Diverse trading products | Unregulated |
| Demo accounts | No MT4 or MT5 |
| Multiple account types | High minimum deposit |
| Popular payment options |
Is BeFX Legit?
No. BeFX has no regulations currently. Please be aware of the risk!
What Can I Trade on BeFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Basic | Silver | Gold | Black |
| Min Deposit | $500 | $500 | $2,000 | $10,000 |
Leverage
BeFX offers the maximum trading leverage of up to 1:200 for all account types. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| XOH Trader platform | ✔ | Desktop, Android, IOS | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
BeFX accepts payments via webpay.cl, MasterCard, Visa, Wire Transfer, Skrill, and Neteller.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
News MARKET VISION: GOLD
Gold remained steady at approximately $2,040 per ounce on Tuesday following heightened volatility in the previous session. In that session, the price of gold surged by over 5% to surpass $2,140 before undergoing a dramatic reversal and ultimately closing down by 2% around $2,030.
2023-12-07 10:28
News MARKET VISION: EURO
The euro held steady above $1.09, remaining near its highest levels since August 10, as investors digested a series of statements from ECB officials while anticipating upcoming inflation data.
2023-12-04 18:35
News DOLLAR struggles to consolidate above $900
The peso dollar has commenced its trading above the highest value recorded yesterday, currently standing at 903.75. The initial starting point for the local currency's upward trajectory is marked by copper's decrease of 0.36% at 3.62 dollars per pound. This decline serves as a stepping stone for the peso dollar to reinforce its position in the 900s range and sustain the ongoing positive trend.
2023-12-04 17:46
News CPI DATA MOVED THE MARKETS STRONGLY YESTERDAY
Shares in Hong Kong rose 488 points or 2.8% to 17,884 in early trading on Wednesday, reversing Tuesday's weak session and reflecting a rally on Wall Street overnight after weaker US CPI data fueled bets that the Federal Reserve's tightening cycle had peaked.
2023-11-20 18:54
News DOLLAR opening over $940
The day begins with no significant movement in the peso dollar, but it undergoes a brief fluctuation, trading at a stable rate of 944.45. Meanwhile, the value of copper shows a slight decline of 0.25% on the London Metal Exchange, with its price settling at 3.55 per pound.
2023-10-24 15:21
News FLAT DOLLAR IN ITS FIRST OPERATIONS
Currently, the dollar peso starts flat and is trading at 870, trying to break the hard resistance to continue its upward trend in search of 880.
2023-08-24 12:06
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Colodia
Russia
There are great fund security measures, but I think overnight interest is a little high.
Neutral
2024-08-01
FX1274047205
Singapore
The BeFX website is only in Spanish, and although I can understand a little bit, and basically everything with the help of a translator, I dare not trade like this. Wish it had English service.
Neutral
2023-02-24
FX1127470253
Morocco
BeFX as a whole, the brokers of course are always on the toe to help us with facilitating our trades, I have not even felt pressured by them with margin calls.
Neutral
2022-12-11
FLAYXNJ
Netherlands
Best platform for crypto and forex trading. User interface is so friendly and verification process is very easy and fair. Also stocks trading is present.
Positive
2024-06-27