Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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BerndaleCapital Broker Review

  1. BerndaleCapital is an online forex broker, that has an Australian Financial Services License (AFSL no. 290108). BerndaleCapital is a very interesting name in the world of online trading not only because of multiple trading platforms it offers but also because it offers crypto trading. Crypto trading with BerndaleCapital is possible thanks to Bitcoin/USD pair they recently introduced.

    Considering the growing interest for crypto trading, this addition to their portfolio is more than welcomed.

    To find out more about BerndaleCapital demo account, trading conditions, platforms, features, tools and benefit, make sure to read the review that follows.

  2. Account Features

    Traders who wish to trade with BerndaleCapital should know how they can open a trading account in AUD, EUR, USD, and GBP. Also, real trading accounts are available in several different versions that all have their own benefits and features.

    STP Account

    • Minimum deposit: $25
    • Spreads from 0.9 pips
    • 500:1 leverage
    • No commissions
    • Personal relationship manager

    STP Plus Account

    • Minimum deposit: $200
    • Unmatched ECN Pricing
    • Spreads from 0.0 pips
    • 500:1 leverage
    • Personal relationship manager

    ECN Pro Account

    • Minimum deposit: $2,500
    • Spreads from 0.0 pips
    • 500:1 leverage
    • Personal relationship manager
    • Premium trade signals
    • Exclusive account services
    • One-on-one forex education
    • Priority account support
    • Free virtual private server

    Institution Plus Account

    • Spreads from 0.0 pips
    • 500:1 leverage
    • Tailored commission structure
    • Private account liaison
    • High volume order execution
    • Exclusive account services
    • Personal trade coach
    • Priority account support
    • Free Virtual Private Server

    BerndaleCapital Demo Account

    BerndaleCapital offers a free demo account, but you will have to register in order to get access. Also, it is based on MetaTrader4 platform, so make sure to download the platform and install it by following the instructions. Every demo account is equipped with incredible A$50,000 which makes it the perfect choice for traders who prefer to test the platform first.

    Make sure to utilize the fact that BerndaleCapital offers a demo trading account before you start real trading. This way, you will learn how to use the trading platform without being involved in any form of risking your own money. Demo account is popular among beginners and professionals alike, so no wonder BerndaleCapital review found out that this regulated broker offers it as well.

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
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  5. Trading Software & Assets

    Traders who decide to trade with BerndaleCapital get access to incredible 62 currency pairs, including cryptocurrency pairs, precious metals, bonds, commodities, and CFDs. This is more than enough variety for an optimized trading portfolio that doesn’t rely on one group of underlying assets exclusively.

    The EURUSD spread varies depending on the trading account from 0.0 to 1.5 pips.

    BerndaleCapital offers two trading platforms – MetaTrader 4 for the desktop computer and MetaTrader 4 for mobile apps. Both of these require download and installation which means they can’t be accessed directly from the internet browser. Desktop-based platforms that require installation may seem old-fashioned, but they offer an incredible level of safety.

    BerndaleCapital Fyrelink VPS and Social Trading

    BerndaleCapital review showed how this forex broker offers Fyrelink VPS – a special system that supports EA advisors for MetaTrader 4 that allows traders to trade faster and more efficient. This virtual private server helps you prevent any trading difficulties caused by hardware malfunction.

    BerndaleCapital social trading allows peer-to-peer trading. This means that you can simply connect to your trading peers and easily copy their trades that seem to be profitable for you. BerndaleCapital website says that you can easily mirror trades placed by professionals, follow their transparent performance history and experience straightforward account linking. BerndaleCapital claims how all traders remain in control during the process of social trading. This means you will never experience any unapproved or unexpected trades on your account.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Support Information

    BerndaleCapital website is available in English and Chinese language. When it comes to customer support, they have somewhat different approach than most brokers nowadays. For example, during BerndaleCapital review, we noticed how there is no live chat available. Traders can communicate with the broker via phone number (there is an international and Australian phone number listed) or send an email. Traders who prefer live chat may be a bit disappointed, but they can use different means of communication, so we are sure they will find a suitable replacement.

    BerndaleCapital accentuates the importance of good education of forex traders all over their website. They have a special learning area on their website, where traders can improve their knowledge on forex trading. BerndaleCapital review showed that there are several different learning methods available. You can read blog, attend webinars, if you are a beginner there is a special introduction just for you. Traders can also experience one-on-one courses.

    BerndaleCapital Forex Bootcamp

    Berndale Forex Bootcamp is a special course that takes place in Melbourne. It is held over three consecutive evenings by BerndaleCapital’s head analyst. Traders get educated on many aspects of forex trading, including technical and fundamental analysis and different strategies. All participants will also get a handbook and a USB with learning materials and practical examples. You can also bring your own computer so you can see what trading looks like immediately. That way, you will have everything installed before you start trading after the course.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Banking & Company Information

    BerndaleCapital has a minimum deposit in the amount of $25. There are several methods available for depositing:

    • Bank wire
    • Credit cards
    • Poli (coming soon)
    • Skrill
    • Neteller

    Bank wire for AUD carries no fees, but international customers may be charged a fee by their bank. Credit card transactions are charged with a 1.5% handling fee. Skrill and Neteller transfers are charged with no fee, but make sure to check that with your e-wallet provider as they may change their terms and conditions as they find it convenient. There is no minimum withdrawal required by the broker. However, traders must be sure that they closed all positions before they ask for a withdrawal. It is impossible to process the withdrawal with positions still open.

    BerndaleCapital review showed how this forex broker is in the ownership of Berndale Group Pty Ltd. IT is also a regulated broker with license number 290108. Traders will be happy to hear how all terms and conditions are listed on the website and are accessible to all traders.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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