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    BYFX Global:BYFX Global-Overview the Guide of This Broker

    Abstract:BYFX Global is a wholly-owned overseas subsidiary of SBI Group, a Japanese online financial group, providing online OTC spot FX and precious metals trading services to clients worldwide. BYFX Global currently holds a full license with the Cayman Islands Monetary Authority (License No. 1458866).

      General Information & Regulation

      BYFX Global is a wholly-owned overseas subsidiary of SBI Group, a Japanese online financial group, providing online OTC spot FX and precious metals trading services to clients worldwide. BYFX Global currently holds a full license with the Cayman Islands Monetary Authority (License No. 1458866).

      Market Instruments

      BYFX Global provides investors with financial products such as OTC spot FX, precious metals, energy CFDs, stocks, and index CFDs.

      Minimum Deposit

      BYFX Global only offers a single standard account for all investors. The minimum initial deposit requirement for BYFX Global is US$100, which sounds reasonable for most regular traders.

      Spreads & Commissions

      The average monthly spread on BYFX Global's platform is as low as 0.0 pips for EURUSD and $13 for Spot Gold.

       Leverage

      Clients of BYFX Global are extended pretty high leverage levels. According to the information on the brokers website, the highest ratios are up to 1:500, which will suit all trading styles. That being said, be warned that using higher leverage means undertaking higher risk.

      Trading Platforms

      BYFX Global provides traders with the most popular MT4 trading platform available. BYFX Global MT4 is available for desktop, mobile, and tablet computers, with a variety of charts and over 50 analytical tools that allow for fast order execution, high stability and convenience, and account history with detailed trading content and profit and loss reports.

      Deposit and withdrawal

      BYFX Global offers traders several ways to deposit and withdraw funds: VISA/MasterCard credit cards, Neteller, Skrill, PayPal, FasaPay, PayTrust, American Express, Wire Transfer, THUNDEX Pay, etc.

      Custome Support

      Lastly , the BYFX Global customer support can be reached through email, telephone, live chat. There is also a “Help Center” for trader to get some basic answers.

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
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