Beraring foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.beraringfx.com/en/index.html, about the company's legal and temporary regulatory information, the company's address Chase Business Centre, 39-41 Chase Side, London, England, N14 5BP, United Kingdom.
Beraring Forex Broker
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked High potential riskCompany profile
Beraring Information
Founded in 2020, Beraring is a UK-registered broker that offers trading instruments such as Forex, Cryptocurrencies, Metals, Energies, Stocks, etc., allowing traders to trade using MT5. It is currently under abnormal supervision - suspected cloning.
Pros and Cons
| Pros | Cons |
| Support MT5 | No regulation |
| Minimum deposit is $10 | No account information |
Is Beraring Legit?
Beraring is currently not subject to formal regulation and is at risk of suspected cloning.
| Regulatory Country | Regulatory Authority | Regulatory Status | License |
| Australia | ASIC | Revoked | |
| United Kingdom | FCA | Suspicious Clone | |
| Cyprus | CYSEC | Suspicious Clone | |
| South Africa | FSCA | Suspicious Clone | |
| Seychelles | FSA | Suspicious Clone | |
| The virgin Islands | FSC | Suspicious Clone |
What Can I Trade on Beraring?
The trading assets offered by BRl include Forex, cryptocurrencies such as Bitcoin, Ethereum, Ripple, Cardano and Solana. Stocks of global companies are also available to investors, and metals such as gold and silver, as well as energy sources such as oil and gas, are traded.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Leverage
For Forex and Metals, Beraring offers different leverage depending on the range of equity, up to 1: unlimited.
| Trading Instruments | Equity Range (USD) | Maximum Leverage |
| Forex | 0-999 | 1:Unlimited |
| 0-4,999 | 1:2000 | |
| 5,000-29,999 | 1:1000 | |
| 30,000 or more | 1:500 | |
| Metals | 0-999 | 1:Unlimited |
| 0-4,999 | 1:2000 | |
| 5,000-29,999 | 1:1000 | |
| 30,000 or more | 1:500 |
Beraring Fees
Beraring's spread for currency starts at 0 pips. Also, in terms of stock trading, investors can benefit from a spread starting at 0.1pips, with no overnight fee.
Trading Platform
Beraring enables traders to use the MT5 platform, which is available on the web, desktop and mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Desktop, Mobile | Skilled Traders |
| MT4 | ❌ |
Deposit and Withdrawal
Payment methods offered by BRl include Bitcoin, Bank Card, USD Coin, and Tether. In this case, the minimum deposit requirement is basically $10.
| Options | Min. Deposit | Min. Withdrawal | Speed |
| Bitcoin | $10 | $10 | within 24 hours |
| Bank Card | $1,000 | $100 | within 24 hours |
| USD Coin (USDC ERC20) | $10 | $100 | within 24 hours |
| USD Coin (USDC TRC20) | $10 | $10 | within 24 hours |
| Tether (USDT ERC20) | $10 | $100 | within 24 hours |
| Tether (USDT TRC20) | $10 | $10 | within 24 hours |
Customer Service
Traders can access customer service through Beraring's telephone, email and physical address. Unfortunately, this brokerage does not provide online chat services.
| Contact Options | Details |
| Phone | +85239040997 |
| info@beraringfx.com | |
| Online Chat | ❌ |
| Physical Address | OFFICE 513/F WEALTH COMMERCIAL CENTRE, 48KWONG WA STREET. MONG KOK, KOWLOON.HONG KONG |
Rating Index
Beraring Similarly Rated Brokers
Latest Reviews
Joshua Moore
New Zealand
Haven't explored the API yet, but for manual trading, Beraring is excellent.
Positive
2024-06-28
huly
United Kingdom
It's been smooth for trading here. The platform's straightforward, but reaching their support team can be a bit of a drag sometimes. Overall, not bad if you're looking for variety and decent trading conditions
Positive
2024-06-21
Cendy
New Zealand
Fast withdrawals, fast deposit, multiple deposit options including crypto. only problem is most of the time during news release, due to price volatility orders are not filled promptly, other than that, every thing is perfect. very low commission on xauusd and currency pairs, however, i feel commission is slightly higher on indice
Positive
2024-07-05