Does anyone know the BMFN (Boston Merchant Financial, Ltd.)?
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Thread: Does anyone know the BMFN (Boston Merchant Financial, Ltd.)?

  1. #1
    The websize is http://www.bmfn.com.Is it honest or a scamer broker?

    In its websize:BMF and its products and services offered on the site http://www.bmfn.com/ are NOT registered or controlled by any U.S., Canadian or Australian ruler, such as FINRA, SEC, NFA, CFTC or ASIC. For those who have received information suggesting BMF is controlled inside the U.S., Canada or Australia please contact for clarifiion.
    But in the foot of this websize:Affiliates of Boston Merchant Financial, Ltd.. </b> Http://www.bostonmerchant.com/ is loed in the U.S. and is a part of FINRA and regulated by the U.S. Securities and Exchange Commission.
    Http://www.bmfn.com.au/ is loed in Australia and is regulated by the Australian Securities and Investment Commission.
    BMFN EAD is loed in Bulgaria and authorized by the Financial Supervision Commission.
    Is it a contradiction that if it's regulated by NFA or ASIC?

  2. #2
    Have you first contacted them for clarifiion? What did they say?

  3. #3
    I have a large account together. I typically make big deposits (about 50K) when they provide promotions on deposits.
    Their deposits and withdrawals are extremely quick( on the exact same day) and never have any problem with them.

    They provide 1: 200 margin.

    The egy I use is scalping.

  4. #4
    Hello ,
    I have trade with BMFN in 1 year,but canunable to make the profit...,after that only I understand bmfn is your market maker,they don't have stp or even ecn platform,so plese don't open the trading account at BMFN,and spread will be not repaired,and so much of platform complaint I have complaint but not answer from them

  5. #5
    It seems there is not it controlled by NFA or ASIC?

    Quote Originally Posted by ;
    I have a large account together. I usually make large deposits (about 50K) if they provide promotions on deposits.
    Their deposits and withdrawals are extremely fast( on the exact same day) and never have any problem with them.

    They provide 1: 200 margin.

    The egy I use is scalping.

  6. #6
    I find it seems that it isn't regulated by the NFA.
    Quote Originally Posted by ;
    Perhaps you have contacted them for clarifiion? What did they say?

  7. #7
    Quote Originally Posted by ;
    It appears there isn't livechat help.Is it controlled by NFA or ASIC? quote
    any problem with BMFN, you can contact with me by skype or email, my email is : ;my skype is:elvazhang1202. thanks~

  8. #8
    Quote Originally Posted by ;
    It seems there isn't livechat help.Is it controlled by NFA or ASIC? quote
    We have get ASIC on 2011. Anything about BMFN, it is possible to contact wirth me email . or skype: elvazhang1202

  9. #9
    2017 update
    scam
    do N't withdraw deposits
    do N't reply by Email after withdrawing request

  10. #10
    BMFN is the biggest scam of all FX companies. The have stolen 70 k from my account. If you have funds with them remove your funds whenever possible. Your email is not replied to by them address. I know a LOT of individuals that BMFN has refused to refund their deposits.

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