Score
Bein Markets
Cyprus|5-10 years| https://beinmarkets.eu/
Website
Rating Index
Contact
Licenses
Licensed Institution：Leverate Financial Services Ltd
License No.：160/11
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
Cyprus
Account Information
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Website
beinmarkets.eu
Server Location
Netherlands
Website Domain Name
beinmarkets.eu
Server IP
13.93.64.26
Company Summary
Note: Bein Markets' official website: https://beinmarkets.eu/ is currently inaccessible normally.
| Bein MarketsReview Summary | |
| Founded | / |
| Registered Country/Region | Cyprus |
| Regulation | CySEC (Revoked) |
| Market Instruments | Forex, indices, precious metals, stocks, and energy |
| Demo Account | / |
| Leverage | Up to 1:30 |
| Spread | From 0.9 pips (Standard account) |
| Trading Platform | Sirix Web Trader, MT4 trading platform, and Sirix Mobile |
| Min Deposit | $250 |
| Customer Support | Phone: +357 25254422 |
| Email: support@beinmarkets.eu | |
| Address: 4th Floor, Office 401, Zavos City Centre, 88 Agias Fylaxeos Street, 3025 Limassol, Cyprus, Zavos City Center, 4th Floor 88 Agias Fylaxeos Street 3025 Limassol Cyprus | |
Bein Markets, headquartered in Cyprus, operates without regulation. Bein Markets offers various market instruments like forex currency pairs, indices, precious metals, stocks, and energy trading.
Pros and Cons
| Pros | Cons |
| Tight spreads | Inaccessible website |
| Various trading assets | High minimum deposit |
| High commissions charged | |
| Not regulated |
Is Bein Markets Legit?
Bein Markets's regulation is revoked. It means that Bein Markets doesn't need to obey the rules and traders should be cautious when trading.
What Can I Trade on Bein Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Currency pairs | ✔ |
| Indices | ✔ |
| Precious metals | ✔ |
| Stocks | ✔ |
| Energies | ✔ |
| Options | ❌ |
Account Type
Bein Markets offers four account types: Standard, Gold, Platinum, and Islamic.
| Account Type | Minimum deposit |
| Standard | $250 |
| Islamic | $250 |
| Gold | $10000 |
| Platinum | $25000 |
Leverage
Bein Markets provides leverage up to 1:30. Higher leverage always comes with high profits and high losses.
Spreads and Commissions
The spread of Bein Markets is variable, starting from 0.5 pips for Platinum, Gold, and Islamic accounts, and Standard account starts from 0.9 pips.
For only on US & EU Shares, the commission of Standard account is 0.5% per deal, Gold account is 0.4% per trade, Platinum account is 0.35% per trade, and Islamic account is 2% per trade.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Sirix Web Trader | ✔ | Web | Experienced traders |
| MT4 | ✔ | Desktop, Mobile and Web | Beginners |
| Sirix Mobile | ✔ | Apple and Android devices | Experienced traders |
Deposit and Withdrawal
Bein Markets can deposit and withdraw through wire transfer, VISA, MasterCard credit and debit cards, and e-wallets.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 8
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Review 8
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Brian Lewis
United Kingdom
The Bein Markets mobile app is convenient, but it lacks some advanced features I find helpful, such as in-depth charting tools.
Neutral
06-28
Ryan Chai
Ukraine
Cool! Only 2 issues: 1. I cannot spend money on fractions of some ETF and 2. I cannot view the graph on share to large periods of time like 3 or 5 years.
Neutral
06-21
意逆志
Netherlands
Spread starts from 0.9 pips, no commission charged on forex pairs, MT4 is also available, overall their trading condition is good, but their minimum deposit ($250) is much higher than the average ($100).
Neutral
2022-11-23
坏脾气
Hong Kong
I was kinda interested in its trading conditions provided, seeming attractive trading fees, high leverage... you guess what? their official website is inaccessible, are you kidding me? 😂
Neutral
2022-11-23
Jankal
United States
Till now everything is fine. Withdraws works. Tight spreads. Looks good to me but reviews are bit scary. Have expirience with that company for 5+ months.
Positive
07-05
FX1430347785
Netherlands
very good broker ..
Positive
2023-03-21
salim1250
Netherlands
good broker...
Positive
2023-01-06
mohamed saber
Egypt
very good company
Positive
2023-01-05