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Boston Merchant Financial Ltd
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Broker Information
Website : www.bmfn.com
founded in: 1998
broker name : Boston Merchant Financial Ltd
Review Date : February 15, 2020
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Regulation : FSPR ASIC FCA MiFID
Country : Russia
Rating : ( 0 reviews )
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company information
Broker Name Boston Merchant Financial Ltd
Website www.bmfn.com
Headquartered In www.bmfn.com
Founded In 1998
Regulating Authority FSPR ASIC FCA MiFID
US Clinets Accepted No
Broker Status Independent Broker
Broker Type STP
Telephone Number +44 207 193 5939
Fax Number +44 207 193 5939
Email Support techsupport@bmfn.com
International Office Bulgaria, Russia, China, Australia, United Kingdom, Egypt, India, Kuwait, Americas
Web Site Language Arabic, Chinese, English, Russian, Spanish, Ukrainian
account information
Free Demo Account Yes
Min. Deposit $ 100
ECN Deposit Yes ( $ 100 )
Account Currency USD
Maximum Leverage 1:400
Minimul Order Vol. 0.01
trading terms
Interest on Margin Yes
OS Compatibility Mac, Windows, Mobile, Web, iPhone, iPad
Streaming News Feed Yes
Charting Package No
Trading Signal Yes
Market Commentary No
customer support
Customer Service Hours 24/5
Place Trades Over the Phone Yes
No Deposit Bonus No
Bonus for First Deposit No
Free VPS No
account information
Segregated Account Yes
Islamic Account Yes
Institutional Account Yes
VIP Service No
PAMM / MAM Account mam
Depoist Option Crdit/ Debit Cards Wire Transfer Neteller Skrill WebMoney
Withdrawal Option Crdit/ Debit Cards Wire Transfer Neteller Skrill WebMoney
trading terms
Trading Platform MT4 MT5 MT4/5 Android MT4/5 IOS
Precision Pricing 5 Digits
Type of Spread Floating
Commission Yes
Scalping Yes
Hedging Yes
Expert Advisors Yes
Lowest spread 0.10
Trading Instruments Forex CFDs Commodities Metals Oil Gold
One Click Execution Yes
OCO Orders Yes
Managed Account Yes
Email Alerts Yes
Mobile Alerts Yes
Trailing Stops Yes
Mobile Trading Yes
Web Based Trading Yes
customer support
Customer Support Lang Multi Languages
Email+Phone support Yes
Personal Account Manager Yes
Email Response time 24/5
Trading Tools Yes
Other Promotion Yes ( Education )
Close trade over the phone Yes
Pros Cons

  • Well known popular broker.
  • Different type of trading account so you can select your best one.
  • Very good and friendly customer support that we like very much.
  • There is no minimum investment amount.


  • During high volatile news time you may get low requotes, slippage, delay trade execution.
  • High minimum transaction size (10,000 unites)
  • Have some withdraw fees ( Bank Wire 50 USD, Webmoney 3%)
  • Low leverage 1:200 that can create problem for scalpier.

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