BeCFD is closed.
Check out our list of the best regulated brokers that investors can trust.
BeCFD was an unlicensed forex and CFD broker that offered CFD trading in a variety of assets such as forex, cryptocurrencies, commodities, stocks and indices.
The broker closed because it was a scam. If you want to find out why BeCFD closed, read the rest this review. One thing is clear: all the signs were there.
We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!
First of all, BeCFD has no account types on their website.
All brokers should provide a clear selection of accounts types, with exact trading conditions and features. Vague descriptions and even worse, no mention of any account types at all is a sign that something is not right with the company.
BeCFD does not even mention the minimum deposit required to begin trading. This is crucial information for all traders to know and lack of such basic information is another sign that this could be a scam.
Tip: IQ Option is one of the most transparent, regulated brokers out there. You can begin trading with only $10!
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BeCFD offers a simple, web-based trading platform known as Tradersoft, the infamous MetaTrader4 (MT4) platform and mobile trading.
Tradersoft is usually preferred by more beginners, due to its very simple and user-friendly interface. Many investors also prefer trading with a web-based platform, because it requires no downloads or installations onto their device.
The MT4 platform, on the other hand is one of the most popular forex and CFD trading platforms worldwide. MT4 is used mostly by professional traders, but is often adopted by beginners as well. The platform needs to be downloaded onto a PC, laptop, tablet or mobile device.
Finally, in regards to mobile trading, the third option offered by BeCFD, is increasingly becoming a trader’s favorite. Trading on your mobile means trading on-the-go, wherever you happen to be. It allows you to open a quick trade while on a break from work, or check your open positions while waiting at the bus stop.
All the above options are available with most brokers.
As for trading conditions, BeCFD offers a maximum leverage of 200:1 and a spread of 3 pips. No matter which platform you choose, you will be able to trade a variety of assets including CFDs in forex, cryptocurrencies, stocks, commodities and indices.
If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot
BeCFD could be reached via email and phone. The broker provided 2 different numbers, one UK number and one German one.
You will not be able to reach BeCFD now because the broker has closed and no longer has operational numbers.
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BeCFD was owned and operated by an offshore company in the Marshall Islands.
Warning: Offshore, unlicensed brokers are often untrustworthy companies.
Think about it: They are located in the middle of nowhere with no one over their shoulder checking up that everything runs smoothly. Would you trust such a company?
BeCFD is closed, so the broker does not accept any payment methods at this time.
BeCFD was a scam company that closed due to the reasons outlined above. Their website is no longer operational and unfortunately, any traders that invested their money have lost it all.
Instead of wasting your time with more companies that will scam you, check out our list of the best licensed brokers and trade safely!
We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!
