✔️ Information reviewed and updated in March 2024 by Eduardo López
Opinions and information about the broker BenchMarck
Is BenchMark broker (aka benchmarkfx.es) really trustworthy? Is it safe to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company based on their experience with it.
✔️ BenchMark is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions being part of: BenchMark Finance JSCo.
✔️ BenchMark is based in: Bulgaria.
✔️ If we talk about regulation, the broker BenchMark mentions being regulated by the CNMV, BaFin, AMF, and others, but everything is false, BenchMark is not regulated by any of these bodies.
We will continue to find out if BenchMark offers the public different types of accounts or plans and what characteristics each one has. In this case we find that it only offers 2 different types of account: a Real Account (Professional Client and Retail Client) and a Demo Account.
🔹 Professional client: leverage up to 1: 400, higher leverage, stop out level 30%, loyalty bonus.
🔹 Retail customer: leverage up to 1:30, lower leverage, stop out level 50%, higher protection.
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🔸 The platforms used to trade are: MT4 and MT5 platforms.
🔸 Now, we go on to analyze the different resources and aids that the company makes available to traders on its website: we see some explanations of the products offered by BenchMark, an explanation of basic concepts of the investment world, some live charts, economic calendar, news of financial events, calculator of pips, really not much else.
What we like the most
What we like least
Additional information about the company
🔸 Phone number: +44 203 769 5788
🔸 Website: benchmarkfx.com
🔸 Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - valuation.
🔸 Bonuses or promotions: None by the moment
With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which you have to be careful ⚠️.
Why? We understand that it is a regulated broker, but unfortunately it is a regulation of very low quality and very insecure, to the point of not taking it into account, in addition, when looking for information and other evaluations about BenchMark we found a large number of negative reviews and comments.
❗ November 2023 update: FCA, UK Financial Authority, has reported benchmark
due to fraudulent activities.
Do you know this company? Do you think our opinion is not correct? Have you operated with her? Leave a comment with your experience.