BeFX Account Types

BeFX, operating under Inversiones BeFX SPA, offers a variety of account types tailored to meet the needs of different traders. The account types include:

• Demo Account:
• Ideal for beginners to practice trading without risking real money.
• Allows users to familiarize themselves with the trading platform and strategies.
• Live Accounts:
• There is no minimum deposit required to open a live account, allowing clients to start trading with any amount they choose.
• Maximum leverage offered is up to 200:1, which can amplify both gains and losses.
• Standard Account:
• Offers access to over 1,500 tradable financial products, including forex, CFDs, ETFs, cryptocurrencies, and commodities.
• Variable spreads depending on the currency pairs being traded (e.g., EUR/USD spread is 2.3 pips).

BeFX Broker Account Opening Process

Opening an account with BeFX is straightforward and can be completed in a few simple steps:

• Visit the BeFX Website: Go to the official BeFX website to find the account registration section.

• Choose Account Type: Select the type of account you wish to open (Demo or Live).

• Fill Out the Application: Provide the required personal information, including:

• Name
• Email address
• Phone number
• Country of residence

• Verify Your Identity: Although specific verification details are not mentioned, typical brokers require identification documents (e.g., passport or utility bill) to comply with regulations.

• Fund Your Account: After verification, you can deposit funds using various methods, including bank transfers, credit/debit cards, and Webpay. Note that credit card deposits incur a 3.5% + VAT fee.

• Start Trading: Once your account is funded, you can begin trading on BeFX's platforms, which include Zulutrade and XOH Trader.

For further assistance, BeFX provides customer support via telephone, email, and live chat.