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BoForex Reviews

2.9 Rating 44 Reviews
55 %
of reviewers recommend BoForex
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Phone:

+12514807798

Email:

rp@boforex.com

Location:

St Vincent and the Grenadines James Street, First Floor, First St. Vincent Bank Ltd Building,
Michigan
VC0100

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I went for the fixed spreads account for several reasons: -I clearly know my spreads each time i enter the market, and can calculate my positions easily! -For nasdaq the NY opening and other news affects variable spreads a lot, whereas with fixed i can trade even in the high volatile trading conditions and don’t skip the day. -Altough it’s fixed, it’s not wide. The spread for nq is only 5 points.
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Posted 1 month ago
Not the best broker, but they are pretty good for starting out.
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Posted 2 months ago
The platform has some really attractive features… for example, I like most that all of their accounts are swap-free. The fixed account is great if you are a swing trader or just like to keep positions open for days. Spreads are fixed, and there are no overnight fees. No pressure, just leaving your setup to take whatever time it needs.
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Posted 2 months ago
Even though the broker is kinda new, they already have all the needed documents to operate legally. I checked the information, and it’s true! So, it’s great that the broker is transparent with their traders right from the beginning. I’m a forex day trader, so both low spreads and commissions fees are very essential to keep the most of my profits. And as for the trading experience here, it’s not bad, but it could be better in terms of the spreads. However, the absence of commissions makes up for the spreads, so it’s good.
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Posted 2 months ago
BoForex is rated 2.9 based on 44 reviews