Bein Markets Forex Broker

Note: Bein Markets' official website: https://beinmarkets.eu/ is currently inaccessible normally.Bein MarketsReview SummaryFounded/Registered Country/RegionCyprusRegulationCySEC (Revoked)Market InstrumentsForex, indices, precious metals, stocks, and energyDemo Account/LeverageUp to 1:30SpreadFrom 0.9 pips (Standard account)Trading PlatformSirix Web Trader, MT4 trading platform, and Sirix MobileMin Deposit$250Customer SupportPhone: +357 25254422Email: support@beinmarkets.euAddress: 4th Floor, Office 401, Zavos City Centre, 88 Agias Fylaxeos Street, 3025 Limassol, Cyprus, Zavos City Center, 4th Floor 88 Agias Fylaxeos Street 3025 Limassol Cyprus Bein Markets, headquartered in Cyprus, operates without regulation. Bein Markets offers various market instruments like forex currency pairs, indices, precious metals, stocks, and energy trading.Pros and ConsPros Cons Tight spreadsInaccessible websiteVarious trading assetsHigh minimum depositHigh commissions chargedNot regulatedIs Bein Markets Legit? Bein Markets's regulation is revoked. It means that Bein Markets doesn't need to obey the rules and traders should be cautious when trading.What Can I Trade on Bein Markets?Tradable Instruments Supported Forex✔Currency pairs✔Indices✔Precious metals✔Stocks✔Energies✔Options❌Account Type Bein Markets offers four account types: Standard, Gold, Platinum, and Islamic.Account TypeMinimum depositStandard$250Islamic$250Gold$10000Platinum$25000Leverage Bein Markets provides leverage up to 1:30. Higher leverage always comes with high profits and high losses.Spreads and Commissions The spread of Bein Markets is variable, starting from 0.5 pips for Platinum, Gold, and Islamic accounts, and Standard account starts from 0.9 pips. For only on US & EU Shares, the commission of Standard account is 0.5% per deal, Gold account is 0.4% per trade, Platinum account is 0.35% per trade, and Islamic account is 2% per trade.Trading PlatformTrading PlatformSupported Available Devices Suitable for Sirix Web Trader✔WebExperienced tradersMT4✔Desktop, Mobile and WebBeginnersSirix Mobile✔Apple and Android devicesExperienced tradersDeposit and Withdrawal Bein Markets can deposit and withdraw through wire transfer, VISA, MasterCard credit and debit cards, and e-wallets.