Abstract:BFB Capital is a company regulated by the National Bank of the Republic of Belarus (Regulation No. 193023796), specializing in online trading of Forex, precious metals, securities, oil, etc., providing access to a wide range of assets.
Basic Information & Regulation of BFB Capital
BFB Capital is a company regulated by the National Bank of the Republic of Belarus (Regulation No. 193023796), specializing in online trading of Forex, precious metals, securities, oil, etc., providing access to a wide range of assets.
Market Instruments
BFB Capital offers investors access to 48 Forex currency pairs, over 20 stock indices, futures contracts, stock CFDs, and ETFs.
Accounts & Leverage of BFB Capital
BFB Capital offers investors three different types of trading accounts: BFB Standard (no minimum initial deposit), BFB Pro (minimum initial deposit of USD 1,000 / EUR 1,000 / RUB 70,000) and BFB Absolute (minimum initial deposit of USD 10,000 / EUR 10,000 / RUB 700,000). The maximum leverage for all three accounts is up to 1:500, and the execution mode is STP.
Spreads & Commissions of BFB Capital
The minimum spread on the BFB Standard account is 0.9 pips for EURUSD, and no commission is charged on Forex, indices, and futures contracts, while the minimum spread on the BFB Pro account is 0.1 pips for EURUSD and commission is 4 USD/EUR/300 RUB per lot. Moreover, the transaction fee for all three accounts is 0.08% of each transaction (min. 8 units) for CFDs shares and ETFs.
Trading Platforms Available of BFB Capital
BFB Capital offers traders the xStation 5 and xStation mobile instead of popular MT4/MT5 trading platforms. The xStation Mobile trading platform for smartphones and tablets is equipped with powerful features and tools to track market news, economic calendar and quickly monitor and manage trading accounts.
Deposit & withdrawal of BFB Capital
BFB Capital supports traders to deposit and withdraw funds from their investment accounts via deposits in CJSC Alfa-Bank, VISA/MasterCard, payment cards of Belarusian banks, wire transfers, ERIP payment system, cryptocurrencies, and other payment methods. Among them, traders withdrawing via Belarusian bank payments are charged a minimum of $15 and traders withdrawing via international payments are charged 0.5% of the withdrawal amount with a minimum of $30/€.
Summary
The main disadvantages of BFB Capital are:
1. Non-MT4/MT5 trading platforms
2. Deposits & withdrawals fees