BMFN vs FXOpen

BMFN vs FXOpen Comparison Table 2022
BMFN FXOpen
WINNER
FXOpen is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
3.7
United States Flag Traders from US not accepted
BMFN is an international CFD and forex broker offering MetaTrader 4 and UniTrader platforms and assets in commodities, currencies, ETFs and shares. FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.
Awards
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
Promotions

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Instruments
Stocks, CFD, Forex, ETFs Forex, CFDs, indices, commodities, cryptocurrencies, ETFs, shares
Demo Account
Yes Yes
Minimum Deposit
$50 $1
Payment Methods
Minimum Trade
1 lot 0.01 Lot
Regulator
FCA, ASIC, FSP, VFSC FCA, CySEC, ASIC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No Yes
ECN Account
No Yes
DMA Account
Yes No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
Yes
Tournaments
Yes
Demo Competitions
Yes
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • HKD
  • RUB
Stock Exchanges
Commodities
CFD Trading
BMFN facilitates CFD trading in a range of markets, including US equities, ETFs, commodities and indices. Trade CFDs on currency pairs, cryptocurrencies, indices, & commodities with tight spreads
Leverage
1:400 1:30 - 1:500 (varies by trading entity)
FTSE Spread
0.8
GBPUSD Spread<
1.8 0.2
Oil Spread
2.2 4.0
Stocks Spread
N/A
Forex Trading
BMFN supports forex trading in more than 20 major and minor currency pairs with variable and fixed spread account options. Trade major, minor & emerging forex pairs with 1:30 leverage
GBPUSD Spread
1.8 0.2
EURUSD Spread
1.5 0.2
EURGBP Spread
4 0.2
Assets
22 50+
Cryptocurrency
Crypto trading not offered Trade on 40+ cryptocurrency coins with 1:2 leverage
Spread
Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
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