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The data are from WIKI Research 2021.05.09 updated
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Basic Information & Regulation
Bronze FX is a UK-based forex broker that claims to offer investors a wide range of trading assets and is not currently subject to effective regulation.
Safety Analysis of Bronze FX
Bronze FX is currently an unregulated broker, which means that the safety of investors' funds and trading activities are not protected in any way. Investors should, therefore, choose a broker that is subject to first-class regulation, such as the FCA in the UK and ASIC in Australia, to avoid losing assets.
Bronze FX provides investors with a wide range of trading assets, mainly popular currency pairs in the Forex market, commodities, indices, and cryptocurrencies.
Accounts & Leverage of Bronze FX
Bronze FX offers investors three different types of accounts: Basic (minimum deposit of $250), Advanced (minimum deposit of $5,000), and Premier (minimum deposit of $25,000). The basic account has a leverage of 1:100, and the advanced account has a leverage of 1:200, while the premium account has leverage up to 1:500.
Spreads & Fees
Bronze FX does not show information about spreads on financial instruments, so we do not know the exact trading conditions.
Trading Platforms Available of Bronze FX
Bronze FX offers investors at least the most advanced MT5 trading platform on the market today, a highly reliable, multi-functional trading platform that includes 50 integrated market indicators and even trading robots to help run algorithmic trading sessions. Unfortunately, this trading platform does not offer a demo account for testing purposes.
Deposit and Withdrawal of Bronze FX
While Bronze FX supports traders funding their accounts via wire transfer, VISA, MasterCard, and some cryptocurrency payment methods such as Bitcoin, Litecoin, Ripple, etc., some popular e-wallet payment methods such as Skrill, Neteller are not supported. Bronze FX claims to charge a fee for withdrawals and deposits.
Pros & Cons of Bronze FX
The main advantages of bronze fx are:
1. Multiple tradable assets (as claimed)
2. Three types of accounts to choose from
3. MT5 trading platform
The main disadvantages of bronze fx are:
1. No regulation
2. No demo accounts
3. High minimum deposit requirements for accounts
4. MT5 provided by a third-party company
5. No e-wallet payment methods available
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.