BFS Account Types
BFS offers a variety of trading account types tailored to meet the needs of different traders. The account types include:
- Micro Account
- Minimum Deposit: $5
- Target Audience: Beginner and small deposit traders
- Leverage: Up to 1:1000
- Spreads: Average spreads starting from 2 pips
- Commission: N/A
- Standard Account
- Minimum Deposit: $100
- Target Audience: Novice and experienced traders
- Leverage: Up to 1:1000
- Spreads: Average spreads starting from 2 pips
- Commission: N/A
- Premium Account
- Minimum Deposit: $10,000
- Target Audience: Experienced and high-capacity traders
- Leverage: Up to 1:1000
- Spreads: Average spreads starting from 2 pips
- Commission: N/A
- STP Account
- Minimum Deposit: $10,000
- Target Audience: Traders seeking STP execution
- Leverage: Up to 1:1000
- Spreads: Average spreads starting from 2 pips
- Commission: N/A
Note: BFS currently lacks valid regulation, making it crucial for traders to assess the risks involved before opening an account.
BFS Broker Account Opening Process
Opening an account with BFS is a straightforward process. Follow these steps to get started:
- Visit the Website: Go to the BFS official website (currently inaccessible).
- Choose Account Type: Select the preferred account type based on your trading experience and investment level.
- Fill Out Registration Form: Provide personal information such as full name, email address, and contact number.
- Submit Documentation: Prepare to submit identification documents for verification.
- Deposit Funds: Fund your account with the minimum deposit required for your chosen account type.
- Start Trading: Once your account is set up and funded, you can begin trading on the platform.
Important: Ensure to verify the legitimacy and regulation status of BFS before proceeding with the account opening process, as their regulatory status is currently abnormal.
BFS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .