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BeamFX: Closed Broker

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BeamFX reviews  

  • Website: www.beamfx.com
  • Founded: 2009
  • Company: Beam Financial Group LLC
  • Headquarter: 60 N Park Avenue, Suite 204, Rockville Centre, New York, NY 11570, United States
  • Regulation: NFA (#0410159) • CFTC
  • Note: BeamFX is an IB for Institutional Liquidity (ILQ).

International offices –
Broker Type STP
Broker Status Introducing broker for Institutional Liquidity (ILQ)
Accept U.S Clients Yes
Live Chat No
Phone US Toll Free (888) 429-9492
International +1 (516) 442-4040
Fax 516-908-3557
Email [email protected]
Website Languages English

 

Account Information

Free Demo Account Yes
Min. Deposit $300
ECN account No
Account Currencies USD
Maximum Leverage 400:1
Minimal Order Volume 0.1
Segregated accounts Yes
Swap-free Accounts –
MAM/PAMM accounts No
Managed account Yes
Interest on margin No
Deposit/ Withdraw Options Bank Wire • Visa/ Mastercard

 

Trading Terms

Trading Platforms MetaTrader 4 (desktop, mobile, iPhone, android)
Precision pricing 5 digits
Type of Spread Floating
Commission no
Lowest spread on EURUSD 1 pip
Scalping Yes
Hedging Yes (For non-US account)
Expert Advisors Yes
One-click execution No
OCO orders No
Mobile Trading Yes
Web Trading No
Gold, Silver No
CFDs No
Other Trading Instruments No
Promotion Yes
Trading Contests No

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