Here is my review on B-Finances forex broker. I chose this broker because they are very user-friendly, making it easy to navigate through the website. For example, their trading platform home page has different buttons for all major financial market categories. The site’s layout is clear and simple, with only a few large menus making it easier for me to find what I am looking for. As for the costs, I am pleased to say that B-finances is competitively priced compared with other similar brokers.
For example, their trading platform home page has different buttons for all major financial market categories. The site’s layout is clear and simple, with only a few large menus making it easier for me to find what I am looking for.
As for the costs, I am pleased to say that B-finances is competitively priced compared with other similar brokers. They offer me zero commissions on my trading activity and an extremely low spread of only 1.10 between the bid and ask prices.
Customer support team
Their customer support team are available seven days a week via phone, Skype chat, email and live chat. This is very important because if something goes wrong with my trading, I need to get in touch immediately. Also, they have fast response times, which means they are always willing to help you. They also stay in touch with their traders through their very own B-Journal; they do this by sending out newsletters and holiday messages to all of their clients.
This makes them stand apart from other similar brokers in the industry.
B-Finances is perfect because it offers so many tools and guides to help me trade, and it is easy to use. They have a great customer support team that is available 24/7, plus their commissions and spreads are very competitively priced compared with other similar brokers.
Trading Platform
B-Finances provides traders with excellent trading tools to allow them to maximize opportunities and enhance their experience. B-Finances offers an amazing trading platform. The trading platform is low on resources, which means that you can run it smoothly on any computer.
The trading platform is user-friendly. It provides the trader with excellent data analysis tools at their disposal to aid in making sound decisions. The trading platform also features an automated trading system to allow traders to execute trades without having their intervention. I did not like their colour theme, and the website seems very basic, but the services are good.
Customer Support
B-Finances offers its clients a high level of service that is unmatched. The excellent customer support forms part of the services offered by B-Finances. Clients can use the review live chat feature to communicate with an agent at any time they choose to do so. In this review, I want to make sure that people understand how important customer care is to trade online. Most other review sites will review the trading platform, but I feel like customer support should also be a key review.
B-Finances provides its clients with excellent options when it comes to contacting them. Clients can choose from a variety of communication tools to contact B-Finances. The review has received responses promptly, and their representatives are professional.
Trading Tools and Charting
B-Finances provides traders with a large selection of tools and charting platforms. Several types of charts are available, including bar graphs and candlestick graphs, which help traders locate resistance and support levels. There are also multiple chart timeframes available, ranging from 1 minute to monthly charts.
B-Finances allow traders to trade on several different markets, including currencies, indices, stocks, and commodities. B-Finances offers more than 80 currency pairs for trading, including crosses such as EUR/GBP or EUR/CHF. There are also several indices available, including the German DAX30 index and the S&P 500 index.
B-Finances provides traders with access to more than 100 types of charts. These include daily, hourly, weekly and monthly charts in various timeframes between 1 minute and yearly graphs. This makes it easy for B-Finances traders to keep their charts in sync without having to look at different timeframes or date stamps. I like that this broker provides multiple charting platforms. I invested mostly in Stocks and Cryptocurrency trading, and it came out great.
B-Finances offers traders three different types of charts, including bar graphs, candlestick graphs and line graphs. The main difference between these graph types is the way they represent data. For example, bar graphs provide open-high-low-close price data while candlestick graphs offer open and close prices, which provides a more accurate analysis of the price movement.
Efficiency and speed
Efficiency and speed are two very important features when trading because waiting for slow processing can be an expensive mistake. B-Finances is dedicated to providing high speeds that enable its traders’ trades to get through quickly and without any errors. B-Finances also has 24/7 help available from its customer service agents, which will allow traders to take care of questions or problems immediately. I have used B-Finances for a few months. I am satisfied with their customer service and order execution system.
B-Finances does not have a phone number available for customer inquiries and instead asks that traders fill out a contact form with their concerns. I found this to be very inconvenient, especially for time-sensitive trades.
B-Finances does not have an account minimum requirement, but the broker requires that traders be 18 years of age or older. A margin is required when trading with B-Finances, and it varies based on the type of account that the trader opens. For example, a standard account will require 50% of the total value as a margin.
There is also no minimum deposit required. On the other hand, a micro account does not require any margin and has a 1 Deposit as a requirement. This makes it easy for new traders to get started with B-Finances without putting in much money.
Education Centre
I love to get new information about trading. I found B-Finances’ Education Centre to be very helpful. The Education Centre includes the broker’s guides on margin, financing, technical analysis and fundamental analysis. These are all important elements of trading with B-Finances that will help traders better understand forex and use it for their benefit.
There are many different types of charts available at B-Finances for traders to use when taking their trades. These include line, bar and candlestick graphs that are useful in analyzing the market. An Education Centre also provides new information on different topics, including margin, financing, technical analysis, and fundamental analysis.
B-Finances has a relatively high account minimum requirement and offers a margin to traders.
The eBooks and videos on the broker’s Education Centre are great sources for learning about forex. I learned the most by studying the different types of charts that are available at B-Finances. The Glossary of terms and Market types section also provides helpful information. It is easier to understand what I am trading if I know the different types of trades.
B-Finances provides a great overall platform for traders looking for a new way to make money. The broker has many charts available with multiple time frames to choose from. There are also helpful Education Centre guides on financing, technical analysis and fundamental analysis.
Security
B-Finances has SSL encryption that guarantees that all information submitted by traders is safe. This encryption also ensures that no third parties can peek at any of the sensitive data or interfere with it in any way. The broker does not share any information about its clients with other companies, which helps to protect their privacy. I found this very comforting and know that B-Finances will keep my information safe.
Transfer process
I found that the wire transfer process was quick and easy when trading with B-Finances. The broker’s staff was very helpful in giving me advice on how many wires to send each month. I also appreciate how quickly the staff responded to emails, as it was easy to get in touch with them.
B-Finances offers several different payment options for traders, which can help give more control over how they make deposits and withdrawals. I like the fact that the broker offers credit cards to fund an account, as it makes it faster and easier for me to trade.
I think that B-Finances is a great option for traders who are new to the forex market. The broker has many helpful tools and guides on different trading areas, including margin, financing, technical analysis and fundamental analysis. A further bonus is that they do not require minimum deposits, so I can trade at my own pace without worrying about putting in too much money.
Last Words
B-Finances offers a great platform for new traders to get started with forex trading. I found the broker’s customer service staff to be very helpful and knowledgeable. The Education Centre also provides great resources on many trading topics, including margin, financing, technical analysis and fundamental analysis.
Thank you for reading my review on B-Finances! I hope it was helpful and will help you decide if this is the right broker for you.
Disclaimer: The B-finances review is written on the basis of my experience and self-knowledge. It is not a recommendation by the PhonesWiki team.
