Score
Bost Forex
Hong Kong|1-2 years| https://www.bostforex.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
Hong KongContact
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Hong Kong
Account Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
bostforex.com
Server Location
United States
Website Domain Name
bostforex.com
Server IP
104.21.49.238
Company Summary
| Bost ForexReview Summary | |
| Founded | 2021 |
| Registered Country/Region | China Hong Kong |
| Regulation | No regulation |
| Market Instruments | Over 50 Forex currency pairs, indices, energies, gold |
| Account Type | Standard, Demo |
| Demo Account | ✔ |
| Leverage | Up to 1:1000 |
| Trading Platform | Meta Trader 5 |
| Min Deposit | $200 |
| Payment Method | Banks Transfer |
| Customer Support | Phone: +603-27702749 |
| Email: support@bostforex.com | |
| Physical Address: A-32-8, 5 A Menara UOA Bangsar-H TWR, JLN Bangsar UTAMA 1, Bangsar, 59000 Kuala Lumpur, Malaysia. | |
Bost Forex Information
Bost Forex, founded in 2021, is a brokerage registered in Hong Kong. The trading instruments it provides cover over 40 Forex currency pairs, indices, energies, gold.
Pros and Cons
| Pros | Cons |
| Offers diverse market instruments | Unregulated |
| High leverage up to 1:1000 | Limited types of account types |
| MT4 and MT5 supported | Limited customer support options |
| Demo account available | Relatively high minimum deposit |
Is Bost Forex Legit?
It is clear that Bost Forex is currently unregulated. The Whois website shows that the registration date of this dealer is 2021-01-13.
What Can I Trade on Bost Forex?
Bost Forex offers traders the opportunity to trade over 50 types of forex currency pairs, indices, energies, gold.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energies | ✔ |
| Gold | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Derivatives | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Types
Bost Forex offers 2 different types of accounts to traders - Standard Account, Demo Account. The mimimum deposit is $200.
| Account Type | Standard Account | Demo Account |
| Min deposit | $200 | N/A |
| Leverage | Up to 1:1000 | Up to 1:1000 |
| Market | All market | All market |
| Platform | MT5 | MT5 |
Trading Platform
Bost Forex's trading platform is MT5 Margin WebTrader, which supports traders on PC,Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 Margin WebTrader | ✔ | Web, Mobile | Proficient |
| MT4 | ❌ | Web, Mobile | Beginner |
Keywords
- 1-2 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- Australia Appointed Representative(AR) Revoked
- High potential risk
Review 5
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Pierre Lug
France
As a true beginner, I want to try this broker, but it does not provide demo account and even basic educational resoucers. So I gave up.
Neutral
06-28
93179
United Kingdom
Very good broker! Bost Forex suits a variety of traders with its MT5 platform offering high leverage and customizable trading tools. For seasoned traders, the platform's fast execution and tight spreads from 0.5 pips provide competitive edges in volatile markets. Beginners can benefit from its user-friendly interface and demo account option.
Positive
07-16
momo42191
Portugal
I'm all about efficiency and Bost Forex’s MT5 platform fits perfectly with my style. Creating custom algorithms and automating trades has never been easier.
Positive
06-27
FX1524913740
Pakistan
Alright, so here's my take on Bost Forex. I've been using it for some time now and it's a bit of a mixed bag, to be honest. First off, kudos to Bost Forex on their trading platform - it's sleek, intuitive and very user-friendly. They offer a great range of advanced charting features that make trend analysis much simpler. This, coupled with their top-notch trading signals, has given my trades a noticeable boost - my GBP/USD went up by approximately 18%. Placing orders is fairly seamless and swift too, with hardly any noticeable slippage. However, when it comes to spreads, Bost Forex does leave me wanting. They aren't the most competitive in the market, especially when trading major pairs like EUR/USD. Commissions potentially can eat into your profit margin if you're not watchful. Another gripe is their account opening process. The online set-up is definitely a lengthy ordeal with many documents and verifications. Would love it if it could be a bit more streamlined.
Positive
2023-12-02
ㅤ84614
Malaysia
In terms of positives, Bost Forex's trading platform has proven to be a sturdy and exciting ride. On a day when the Feds dropped an interest rate shocker, causing the markets to somersault, the platform held firm, delivering real-time updates and executing orders without major slippages. The platform came through as a well-tested and safe ride for the most part. However, there were a few twists and turns on the ride that left me a bit dizzy. The trading signals from Bost Forex felt somewhat like unexpected loop-the-loop moments on the ride. At times, the signals lagged behind, failing to keep up with market trends, causing a few missed opportunities.
Positive
2023-11-30