BenefitFX
BenefitFX: exploring key features for CFD trading
The BenefitFX platform opens up wide opportunities for CFD trading to users. As stated, becoming a client of the company does not require having a huge capital or being an expert in trading. The main requirement is the desire for development and the willingness to earn passive income.
On the website benefitfx.com, you can find information that the company was founded in Stockholm in 2010 by a group of Russian traders. Since 2017, it has been providing its investment and trading services to residents of the European Union and the CIS. Both individuals and legal entities can operate on the platform. According to the website, during the company’s operation period, Benefit FX has opened 280 thousand accounts. The volume of transactions reached 5 trillion. Over the years, more than 260 million orders have been successfully executed.
Trading conditions on the BenefitFX platform
The broker offers five types of account options:
- Basic. Minimum deposit amount – $250. Spread – from 2 points. 24/7 support.
- Silver. Initial deposit – $1000. Spread – from 2 points. Among the advantages are a company bonus of up to 30% and a referral program.
- Gold. Minimum deposit – $5000. Spread – from 1.5 points. This account type offers a bonus of up to 50%. Includes training with an analyst and participation in the referral program.
- Platinum. Initial deposit amount is $25,000. Spread – from 0.9 points. Among other things, investors can take advantage of trust management and a cashback program. The company bonus percentage is 100%.
- VIP ECN. Account for premium users. Minimum deposit amount – $100,000. Spread – from 0.9 points. Owners of this account have access to all company bonuses and benefits: training, up to 100% bonus, referral program, analytics, semi-automatic and personalized trading, 24/7 support, coverage up to 50%, cashback, trust management, free withdrawal.
The leverage for the first four account types is 1:100, for VIP ECN – 1:10.
Depositing and withdrawing funds on Benefit FX
To deposit funds and start cooperation with the company, a simple registration procedure is required. You will need to provide the following personal information:
- name,
- surname,
- phone number,
- email address,
- password (create your own).
To proceed, you will need to agree to the company’s rules. After that, you will be prompted to choose an account type and deposit funds. Users of Basic, Silver, and Gold accounts have access to the first free withdrawal. It is worth noting that for other account types, there is no withdrawal fee.
In conclusion
Benefit FX positions itself as a reliable CFD broker. Users are offered the opportunity to trade on the most popular contracts for stocks, indices, and commodities. The company guarantees clear and understandable conditions, a high level of security, and high service standards. However, before opening an account with BenefitFX, it is recommended to carefully study the user agreement and risk warning.