Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

BIRTHFX

United Kingdom|5-10 years|
White label MT4|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://www.birthfx.com/En

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
BirthFinancialTech-Demo MT4
Server Location Hong Kong

Contact

info@birthfx.com
http://www.birthfx.com/En

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-07-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0524884) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0524884)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

BIRTHFX · WikiFX Survey

Users who viewed BIRTHFX also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

ATFX

8.50
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IC Markets

9.05
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

KCM Trade

7.75
Score
5-10 yearsStraight Through Processing(STP)MT4 Full License
Official website

BIRTHFX · Company Summary

Aspect Information
Registered Country/Area United Kingdom
Company Name BIRTHFX
Regulation Unregulated
Maximum Leverage Up to 1:500
Spreads EUR/USD: 1.2 pips, Gold (XAU/USD): $0.40, S&P 500 Index: 0.5 points (Variable; may vary)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Tradable Assets Forex pairs, Commodities, Indices
Account Types Real Accounts and Demo Accounts
Demo Account Available
Customer Support Email: info@birthfx.com
Payment Methods Bank Transfer, Visa, Mastercard
Educational Tools Limited educational resources

Overview

BIRTHFX, a trading platform registered in the United Kingdom, operates as an unregulated broker, providing a maximum leverage of up to 1:500 and offering competitive spreads, although these spreads can vary. Traders can access the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms to trade a range of assets, including forex pairs, commodities, and indices. Account options include both real and demo accounts, with customer support available via email at info@birthfx.com. However, it's worth noting that BIRTHFX's educational resources are limited, and there have been reported issues with its website. Traders should exercise caution and consider these factors when evaluating this broker for their trading needs.

basic-info

Regulation

Unregulated.BIRTHFX is an unregulated broker, which means it operates without oversight from financial regulatory authorities. Investing with unregulated brokers carries a higher risk of fraud or unethical practices, as they may not adhere to industry standards and investor protection measures. It is advisable to exercise caution and thoroughly research any financial institution before engaging in transactions with them.

regulation

Pros and Cons

BIRTHFX, as an unregulated broker, presents traders with both advantages and disadvantages. While it offers competitive spreads and leverage, its lack of regulation and limited educational resources can be concerning. Traders should carefully weigh these factors before engaging with this broker.

Pros Cons
  • Competitive spreads on various assets
  • Lack of regulatory oversight
  • High leverage of up to 1:500
  • Limited educational resources
  • Access to MetaTrader 4 (MT4) and
  • Unresponsive customer support via email
  • MetaTrader 5 (MT5) platforms
  • Absence of clear company and regulatory
  • Diverse range of tradable assets
  • information
  • Multiple deposit and withdrawal
  • methods
  • Availability of demo accounts

Market Instruments

products
  1. Forex Pairs: Forex, short for foreign exchange, involves trading currency pairs. This broker likely offers a wide range of currency pairs, including major, minor, and exotic pairs. Major pairs typically include currencies like the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), and British Pound (GBP). Minor and exotic pairs involve less commonly traded currencies, providing traders with diverse opportunities for speculation and investment in the global currency markets.

  2. Commodities: Commodities are raw materials or primary agricultural products that can be bought and sold, typically in standardized contracts on commodities exchanges. This broker may offer a selection of commodities, such as precious metals (e.g., gold and silver), energy commodities (e.g., oil and natural gas), and agricultural commodities (e.g., wheat and corn). Commodities are popular assets for traders seeking to diversify their portfolios and hedge against inflation or market volatility.

  3. Indices: Indices represent a basket of stocks or securities from a particular market or sector. This broker likely provides access to various stock market indices from around the world, such as the S&P 500, Dow Jones Industrial Average, FTSE 100, or Nikkei 225. Trading indices allows investors to speculate on the overall performance of a group of stocks, rather than individual equities, offering diversification and exposure to broader market trends.

Account Types

The broker offers two account types: real accounts for live trading with real money, catering to experienced traders, and demo accounts for practice and learning with virtual funds, ideal for beginners. Here's a simplified table:

Account Type Description
Real Accounts For live trading with real money, suitable for experienced traders. Multiple tiers available.
Demo Accounts For practice and learning with virtual funds, ideal for beginners.

Traders can choose between these account types based on their experience level and trading objectives.

Leverage

leverage

This broker offers a maximum trading leverage of up to 1:500. Leverage is a tool that allows traders to control a larger position size with a relatively smaller amount of capital. A leverage ratio of 1:500 means that for every $1 of their own capital, traders can control a position worth up to $500 in the market. While leverage can amplify potential profits, it also increases the risk of significant losses, making it essential for traders to use it judiciously and with a thorough understanding of the associated risks.

Spreads and Commissions

Spreads: The broker offers competitive spreads on various trading instruments. Here are some examples:

  • EUR/USD: 1.2 pips

  • Gold (XAU/USD): $0.40

  • S&P 500 Index: 0.5 points

Please note that spreads can vary depending on market conditions and the specific trading account type chosen.

Commissions: The broker may charge commissions on certain trading accounts or instrument types. Here are some commission rates:

  • Forex Pairs: $5 per lot traded

  • Commodities: 0.1% of the trade value

  • Indices: $3 per contract

Deposit & Withdrawal

The broker offers several deposit and withdrawal methods to facilitate financial transactions for traders. These methods include:

  1. Bank Transfer: Traders can fund their accounts or withdraw funds through bank transfers. This method involves transferring money directly from a bank account to the trading account or vice versa. Bank transfers are a secure and widely accepted way to deposit and withdraw funds, but they may take a few business days to process.

  2. Visa: The broker accepts Visa card payments for both deposits and withdrawals. Visa payments offer a convenient and quick way to fund trading accounts or access profits. Visa is one of the most commonly used payment methods worldwide, making it accessible to many traders.

  3. Mastercard: Similarly, Mastercard payments are also accepted by the broker for both deposits and withdrawals. Mastercard provides another widely recognized and secure payment option for traders, allowing them to manage their funds efficiently.

Trading Platforms

trading-platform

The broker offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, renowned for their user-friendly interfaces, technical tools, and automation capabilities. MT5, an upgraded version, additionally supports a broader range of assets and advanced trading strategies, making it suitable for diverse trading preferences. Both platforms are available across multiple devices for convenient access.

Customer Support

customer-support

Customer support at info@birthfx.com is lacking in responsiveness and effectiveness. They often take an unreasonably long time to address customer inquiries, leaving clients frustrated and uncertain. Additionally, their communication might lack clarity, making it difficult for customers to get the assistance they need promptly. Overall, the customer support experience with this email address can be described as unsatisfactory and in need of improvement.

Educational Resources

Unfortunately, the broker lacks comprehensive educational resources, leaving traders with limited access to essential information and tools for improving their trading knowledge and skills. This absence of educational materials can be a significant drawback for traders looking to enhance their understanding of the financial markets and trading strategies.

Summary

In summary, BIRTHFX offers competitive spreads, high leverage, and access to popular trading platforms like MT4 and MT5, making it potentially appealing to experienced traders seeking a wide range of tradable assets. However, its lack of regulatory oversight raises concerns about the safety of funds and ethical practices. Limited educational resources and unresponsive customer support further detract from its overall appeal. Traders should exercise caution and conduct thorough research before considering this unregulated broker for their trading needs.

FAQs

Q1: Is BIRTHFX a regulated broker?

A1: No, BIRTHFX is an unregulated broker, which means it operates without oversight from financial regulatory authorities.

Q2: What trading platforms does BIRTHFX offer?

A2: BIRTHFX provides access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, known for their user-friendly interfaces and technical tools.

Q3: What is the maximum leverage offered by BIRTHFX?

A3: BIRTHFX offers a maximum trading leverage of up to 1:500, allowing traders to control larger positions with relatively smaller capital.

Q4: Are there educational resources available for traders?

A4: Unfortunately, BIRTHFX lacks comprehensive educational resources, limiting access to essential information and tools for improving trading knowledge and skills.

Q5: How can I contact BIRTHFX's customer support?

A5: You can reach BIRTHFX's customer support via email at info@birthfx.com. However, be aware that response times may be slow, and the support experience has been reported as less than satisfactory.

Broker Information

Company Name

BIRTH FINANCIAL TECHNOLOGY GLOBAL LIMITED

Abbreviation

BIRTHFX

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@birthfx.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com