BLH Forex Information
BLH Forex, a broker from Australia, provides traders with opportunities to trade cryptocurrencies, Forex, indices, commodities, stocks, equities and global indices. The trading platform currently supported is FX6. However, it currently operates in an unregulated state and is not secure.
Pros and Cons
Is BLH Forex Legit?
BLH Forex is currently not under the supervision of effective regulators and operates outside the law, carrying large risks.
What Can I Trade on BLH Forex?
BLH Forex primarily positions itself as a cryptocurrency broker, but the instruments that traders can trade on BLH Forex also include Forex, stocks, equities, global indices and commodities.
Leverage
What can be known is that BLH Forex offers London Gold with a leverage ratio of 100 times and Gold T+D with a leverage ratio of about 12.5 times.
BLH Forex Fees
The broker emphasized that it offers traders a trade with zero commission, but did not mention specific information about the spread. In addition, BLH Forex claims to have the lowest warehouse interest expense in the industry, but the specifics are unknown.
Trading Platform
BLH Forex offers the FX6 trading platform, which can be easily used on PC, Android and iOS devices.
Customer Service
BLH Forex does not state that it offers a 24/7 online service. There are three clear ways for traders to get customer support: phone, email and physical address.
The Bottom Line
Even though BLH Forex claims zero commission trading and offers a large number of trading products, none of them can offset the impact of its current problems. BLH Forex does little to disclose critical information and is not regulated. It can be said that it is a poor quality and unsafe broker.
FAQs
Does BLH Forex have comparative advantages?
Yes, 0 commission and a variety of trading products are its biggest advantages.
What tradable assets does BLH Forex offer?
BLH Forex offers trading products including cryptocurrencies, forex, stocks and more.
What are the transaction fees for BLH Forex?
BLH Forex is commission-free and the exact fees for spreads and overnight interest are not specified.
