FFBH Forex Broker

FFBH Review SummaryFounded/Registered Country/RegionBulgariaRegulationNo RegulationMarket InstrumentsShares, ETFs, BondsDemo Account/Trading PlatformCWTPMinimum Deposit/Customer SupportPhone: + 359 (2) 460 64 00Email: ffbh@ffbh.bgSocial Media: Facebook, Twitter, LinkedInCompany Address: 2 Enos Str., fl. 4 & 5, 1408, Sofia, & BulgariaFFBH Information FFBH is a trading platform registered in Bulgaria. It offers access to market instruments such as shares, ETFs, and bonds. The platform uses the CWTP (Centralized Wholesale Trading Platform) on the BSE via its proprietary system.Pros and ConsProsConsTransparent fee structureNot licensedCommission chargedDemo accounts unavailableNo info on deposit and withdrawalIs FFBH Legit? FFBH operates as a trading platform without proper licensing, which could pose risks to your funds. It is advisable to be cautious when considering placing money with FFBH.What Can I Trade on FFBH? FFBH offers access to tradable products including shares, ETFs, and bonds.Trading AssetAvailableshares✔ETFs✔bonds✔forex❌commodities❌indices❌cryptocurrencies❌options❌funds❌Fees FFBH offers a clear and transparent fee structure, covering both transaction and service charges. For further details, please refer to this PDF: https://www.ffbh.bg/uploads/assets/filemanager_uploads/Fees%20and%20Commissions/Tariff_FFBH_14_10_2024_ENG.pdf Here are the basic fees and commissions for transactions on BSE and BSE International:Transaction TypeFee/CommissionProcessing of orders for transactions of shares, ETFs, and compensatory instruments0.8% of the transaction's value, if no other arrangements are made in the contract, but no less than BGN 6.00 per orderProcessing of orders for transactions of bonds0.1% of the transaction's value, if no other arrangements are made in the contract, but no less than BGN 6.00 per orderProcessing of orders for transactions of other financial instrumentsNegotiableCorrection of an order that has not been filled yet0Order cancellation0Settlement feeAccording to Central Depository Ad TariffAccount opening with Central Depository ADBGN 5Processing of orders for transactions with financial instruments traded on BSE InternationalUp to 1,000 EUR - 7 BGNOver 1,000 EUR - 7 BGN + 0.1% of the total deal consideration, but not more than 65 EUR Additionally, FFBH also charges entry and exit fees for every mutual fund.Entry Fees: For amounts between BGN 50 and BGN 100,000, the entry fees are as specified (e.g., 0.15% for FIB Garant). For amounts above BGN 100,000, there are no entry fees.FundFrom BGN 50 to BGN 100,000Above BGN 100,000FIB Garant0.15% of the sum, min BGN 10FIB Classic0.35% of the sum, min BGN 10FIB Avangard0.50% of the sum, min BGN 10FFBH Vostok0.50% of the sum, min BGN 10Exit Fees: For holding periods up to 24 months, the exit fees are as specified (e.g., 0.15% for FIB Garant). For holding periods of more than 24 months, there are no exit fees.FundUp to 24 monthsMore than 24 monthsFIB Garant0.15%, min BGN 10FIB Classic0.35%, min BGN 10FIB Avangard0.50%, min BGN 10FFBH Vostok0.50%, min BGN 10Trading Platform FFBH states that it provides trading using CWTP on the BSE via its proprietary platform, which is designed to be convenient and secure for both individual and institutional investors.