Home/ Best Forex Brokers in Australia for 2023/ Boston Merchant Financial

Boston Merchant Financial Broker Review

Author By Jeffrey Cammack
Updated: February 23, 2023
Overall Rating
2.52 2.52 / 5
🏦  Min. DepositUSD 50
🛡️  Regulated ByVFSC, ASIC
💵  Trading Cost 
USD 14
⚖️  Max. Leverage200:1
💹  Copy Trading
🖥️  PlatformsMT4
💱  Instruments 
Forex, ETFs, Stock CFDs, Commodities
AlertMost retail CFD accounts lose money. Your capital is at risk.
Last updated on February 23, 2023
by Editorial Director Jeffrey Cammack
Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.

Our verdict on Boston Merchant Financial

🏦  Min. DepositUSD 50
🛡️  Regulated ByVFSC, ASIC
💵  Trading Cost 
USD 14
⚖️  Max. Leverage200:1
💹  Copy Trading
🖥️  PlatformsMT4
💱  Instruments 
Forex, ETFs, Stock CFDs, Commodities

Overall Summary

Regulation
100001/ 5
Trading Conditions
111003/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
10.50001.5/ 5
Assets Available
1110.503.5/ 5
Customer Service
1110.503.5/ 5
Beginner Friendly
Poor
Welcome Bonus

Deposit & Withdrawal Methods

Bank Transfer
Visa
Mastercard
Skrill
Unionpay

Supported Platforms for Boston Merchant Financial

Best MT4 Forex Brokers

Account Information

Base Currencies
EUR, USD, CHF, CAD, GBP, AUD, NZD
Number of FX Pairs
23
Crypto Pairs
0
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
ECN/DMA
Commission
Fees Included in Spread
EUR/USD
1.40 pips
GBP/USD
1.40 pips
USD/JPY
1.40 pips
Negative Balance Protection

Company Details

Company Name
BMFN Limited
Founded
1988
Website
Website Language
English
Support Language
English
Office Locations
Vanuatu, Australia

Deposit & Withdrawal Methods

Bank Transfer
Visa
Mastercard
Skrill
Unionpay

Supported Platforms for Boston Merchant Financial

Best MT4 Forex Brokers

Pros

  • #N/A

Cons

  • #N/A
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AlertMost retail CFD accounts lose money. Your capital is at risk.
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Overall Rating
2.52 2.52  / 5
Site Icon Data provided by FX Australia

Boston Merchant Financial Financial Regulation

Regulator License
Regulator License
Australia ASIC Vanuatu VFSC 40202

Boston Merchant Financial Trading Cost Comparison

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