What is BenchMarkFX.co.uk?
BenchMarkFX.co.uk is an online FX and CFD broker that offers trading in a wide range of currency pairs, indices, commodities, and shares. The company is based in the UK and is authorised and regulated by the Financial Conduct Authority (FCA). BenchMarkFX.co.uk offers three account types – Standard, VIP, and Professional – with a minimum deposit of $500 for the Standard account and $50,000 for the VIP and Professional accounts. Leverage is up to 1:30 for retail clients and up to 1:500 for professional clients. The company uses the MetaTrader 4 (MT4) trading platform and provides mobile trading apps for iOS and Android devices.
BenchMarkFX.co.uk offers a variety of deposit and withdrawal methods, including credit/debit cards, bank wire transfer, Skrill, Neteller, UnionPay, FasaPay, WebMoney, QIWI Wallet, Yandex Money, Bitcoin, Litecoin, Ethereum, Ripple, Monero, Dash, Zcash, Tether (USDT), Perfect Money Saudi Riyal (SAR), Omani Rial (OMR), Kuwaiti Dinar (KWD), Bahraini Dinar (BHD), Qatar Rial(QAR), UAE Dirham (AED).
Is BenchMarkFX.co.uk a legit or scam?
It is difficult to say definitively whether or not BenchMarkFX.co.uk is a legitimate broker since there are conflicting reports online. Some users claim that they have been able to successfully trade with this broker, while others allege that they have been scammed by the company. In either case, it seems that the company does accept traders from the United States.
If you are considering using BenchMarkFX.co.uk as your broker, we would recommend doing some further research to see if you can find more information about the company’s reputation before making a decision.
Does BenchMarkFX.co.uk accept USA traders?
As a general rule, BenchMarkFX.co.uk does not accept USA traders. However, there are some exceptions to this rule. If you are a USA trader and you meet certain criteria, you may be able to open an account with BenchMarkFX.co.uk. To learn more about the criteria for opening an account with BenchMarkFX.co.uk as a USA trader, please contact customer service.
The Pros and Cons of BenchMarkFX.co.uk
Choosing a Forex broker is a very important decision, as it will have a big impact on your trading career. There are many different brokers out there, and each has its own advantages and disadvantages. In this article, we will review one of the newer brokers on the scene: BenchMarkFX.co.uk.
BenchMarkFX is a UK based Forex broker that was founded in 2016. The company is owned by Nuntius Brokerage & Investment Services S.A., which is also the parent company of well-known broker easyMarkets. BenchMarkFX is regulated by the Financial Conduct Authority (FCA), one of the most respected financial regulators in the world.
The main advantage of BenchMarkFX is that they offer very low spreads on major currency pairs, starting at just 0.1 pips. This is competitive with some of the other top tier brokers out there. They also offer leverage of up to 1:500, which is higher than most other brokers. This high leverage can be risky for some traders, but can be beneficial for those who know how to use it properly.
Another big advantage of BenchMarkFX is that they accept clients from all over the world, including from the United States. Not all brokers accept US clients due to regulatory reasons, so this is definitely a positive for BenchMarkFX.
One potential disadvantage of BenchMarkFX is that they are a relatively new broker and don’t have a long
Conclusion
Based on our findings, we believe that BenchMarkFX is a reliable and legitimate Forex broker. They offer a great selection of trading features and tools for both beginner and experienced traders. What’s more, they are also one of the few brokers that accept USA traders. So if you’re looking for a reputable Forex broker that offers a great trading experience, then we recommend giving BenchMarkFX a try.