TradeView Forex Broker
| Name of the Company | Boston Merchant Financial, Ltd |
|---|---|
| Established in | 2006 |
| Online since | 2006 |
| International Offices in | Cayman Islands, Colombia, Hong Kong, Russian Federation |
| Payment Methods | Cedit Cards, Debit Cards, Moneybookers, WebMoney, Wire Transfer |
| Demo Accounts & Platforms | Meta Trader 4, Currenex Viking, TRADEVIEW PRO, Uni Trader, all limited to 30 days of use |
| Account currencies | Euro, United States Dollar |
| Different Currency pairs | AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NZD EUR/TRY EUR/USD GBP/CHF GBP/JPY GBP/USD NZD/JPY NZD/USD USD/CAD USD/CHF USD/JPY USD/TRY |
| Regulated and Registered by | Cayman Islands Monetary Authority |
| Are US Traders Allowed? | No |
| Languages in which website is available | English |
| Languages in which support is available | Chinese, English, Greek, Russian, Spanish |
| Different Support methods | Email, Live Chat, Office, Phone |
| Types of account (micro standard executive islamic) | Standard |
| Or others. | |
| Minimum account size | $100 |
| Minimum position size | 0.01 lot |
| Type of Spread | Variable |
| Typical spread on EUR/USD, pips | 0.9 |
| Minimum spread on EUR/USD, pips | 0.7 |
| Is Scalping allowed? | Allowed |
| Is use of Expert advisors allowed | Allowed |
| Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Forex – 1:400, Gold & Silver- 1:400, CFD- 1:400, Oil – 1:400, Indexes- 1:400 |
| Real Trading platforms | Meta Trader 4, Currenex Viking, TRADEVIEW PRO, Uni Trader |
| Digits after the dot in quotes | 5 |
| Margin call level | 100% |
| Stop-out level | 100% |
| Total Number of currency pairs | 34 |
| Any Bonus offers | Yes |
| Is Trading by telephone allowed? | Yes |
| Any MAM accounts? | Yes |
| Do they have Segregated accounts? | Yes |
| Any Managed accounts? | Yes |
| · Is Hedging Allowed? | Yes |
| Do they have Trailing stop? | Yes |
| Do they have Pending orders? | Yes |
| Is One-click trading option available? | Yes |
| Mobile trading allowed? | Yes |
| Automated trading present? | Yes |
TradeView Forex broker which is registered in the name of Boston Merchant Financial, Ltd. Which was established in the year 2006 and they also started their internet based online trading service the very same year. With offices in Cayman Islands, Colombia, Russian Federation and Hong Kong, it is regulated by Cayman Islands Monetary Authority. They have many bonus offers for their clients which not only attract new customers but also add to the funds of their old customers. They also provide the facility of placing the trade order using telephone. MAM accounts, segregated account and managed accounts are some of its features. They have many other features like pending orders, trailing stops, mobile trading and automated trading. The various payment options for both deposit as well as withdrawals are credit cards, debit cards, Moneybookers, WebMoney and Wire Transfers. With so many payment methods the whole process of deposit and withdrawal of funds becomes an easy and hassle free affair.
The website of TradeView forex broker is excellent and is available only in English. It has details of all the services and has all the information that is needed to a trader. The customer support service however is available in 5 languages and can be reached via live chat, email, phone and office. The trading platform for both demo as well as real accounts is many including Meta Trader 4, Currenex Viking, TRADEVIEW PRO, Uni Trader and all of are very good in their working and very fast. Demo account and its platform is limited to 30 days of use. The traders are allowed to have Euro and United States Dollar as the account currencies. They allow trading in 34 currency pairs which include all the major pairs. They have only account that is Standard and the minimum deposit required to open an account with them is $100 and the trade size is 0.01 lots.
The reviews posted online for TradeView Forex broker is extremely good and have many happy and satisfied customers. Most of the reviews keep raving about the range of trading platform that they have to offer and also that they can select the one which suits their trading needs the most. All the trading platforms are very fast and help in trading successfully. The payment methods are many and they make the deposit as well as withdrawal of the funds much easier, though the lack of PayPal as one of the methods is always a concern. It being regulated by Cayman Islands Monetary Authority is also loved by many traders. The minimum deposit required to open an account is $100 is liked by many as mentioned in the reviews. However, a few cons is that their website is available only in English and that the spread on the trade is variable. They do not allow US traders are also a concern for many. But the overall review is great and the average rating given to the company by its users is 6.2 out of 10.